BTCUSD Next Target possible is 7990. For more information please inbox us. Thank you
BTC/USD has lost much and is now once again under the 50 EMA as well as all other EMAs. The prices have currently consolidated and a breakout further below is possible as it's currently under a lot of sell pressure as MACD confirms. It doesn't have a firm support yet to retaliate and go higher. That being said, it's very possible that it will go further below to...
The price is on a 4H Channel Down (RSI = 39.937, Highs/Lows = -90.5493, B/BP = -276.6680) with 8,391 the Resistance and 7,828.70 the support (and short TP). The 10,000 mark made 10 days ago is simply a Lower High on the greater 1D Channel Down (Highs/Lows = -549.9965). As you see on the chart, if the current Channel Down is a mirror pattern of the previous Channel...
Looking like some viable entries Mid-Term shorts down to $7000 as BTCUSD continues its steady downtrend.
Looking like some good opportunities for short positions on BTCUSD.
Technical Analysis Previous two candles had large wicks indicating the bears have lost momentum and the bulls are taking control. There is a great opportunity to get into a low risk long position for BTCUSD placing stops below recent lows, while take profits set modestly below the trend channel. Entry: 9128 T/P: 9437 S/L 9028
In the time frame of our daily, we see that the market is suffering. Of course it will not last long. After a retracement of up to 62% Fibonacci, the upside or downtrend will take place over the next few days. My personal experience says that if the MACD signal line was cut above zero to the top of the MACD, we would certainly see a rise in the price of bitcoin to...
What Are Fracktals? Based on Wikipedia definition:"Fractals are typically self-similar patterns, where self-similar means they are "the same from near as from far".Fractals may be exactly the same at every scale, or they may be nearly the same at different scales.The definition of fractal goes beyond self-similarity per se to exclude trivial self-similarity and...
BITFINEX:BTCUSD COINBASE:BTCUSD BITSTAMP:BTCUSD SAme basic structure as the Last BTCUSD idea, this is just a modification of the CD roadmap 1.Levels computed on- 1hr kumo cloud(representing 26hrs resistance bands) , traditional 45min pivot system, fibonacci levels of the XA n BC legs of the cypher 2.The PRZ is marked by 0.786XA 3.The bearish reversal to go in...
Based on Price movement prior to entering the channel, and movement after breaking from the channel. The price range in the blue box also happens to be around the 225 day MA. If we can't hold that, more support is at 8200. Happy Trading. -SJ
BTCUSD now in correction mode. we got a corrective impulse from 5,900 to 11,774. And we also got ABC correction for that impulse. Which means the price will go up further. Expected bull target between 15,000-16,000.
We've got a Head & Shoulders pattern completed (it is cleaner on the H4 but I've charted on daily to show the ABC correction as well). Our first target will be $8k and second target is $5k. Stops would be above the $17k psychological resistance level. Now that we've broken the neckline, I would expect a retest of the neckline as previous support and should now...
Hi traders, Crypto currency.... BTCUSD! Since people are all over in my ear about it, I'll drop my first analysis on this subject. As we easily all see, BTCUSD had a super good momentum going for it crashing the 10K easily and wick quickly over 11K within the same day. When I look over the last correction this pair, it lasted 4 days and had an even greater...