Hey, I am back with another Idea, this time looking at Bitcoin chart.
Bitcoin has been showing strong bull moves lately, but the current question is, was $12,000 the top?
If the price can stay in the uptrend, I think there may be new high, but when the price breaks down uptrend, drops below $11,000 and the RSI will fall below 40. Bitcoin will go down or sideways...
Above the green box I'm bullish and below bearish.
Breaking the green resistance box to the upside would be a great long opportunity. Breaking the red support box to the downside would be a great short opportunity.
I'd be bearish too If it fails to break the green resistance box.
Bitcoin Trading Club is created to share valuable trading ideas, charts and to...
Ok Here u can see we broke down the channel that hold us in this entire up move on ltf, Will be retested soon but i think another retest of 10.5 is next.
KR SCALPER h1 took a nice signal 25% profit long, and now short lets see.
A lot of longs got liquidated or stopped out by the recent flashcrash. Further dumping is expected and 10.5K area will be put under a test once again. If the support zone will be broken, then we are headed to fill the 9.7K CME gap.
Our previous plan came true, like many others. At the moment, the price of BTC has increased, and we are starting to gradually sell our fund's liquidity.
In general, the market now has very good volatility - this is due to the activation of medium-term impulse waves for long-term patterns of market behavior.
In the current conditions, we begin to...
I am back with another and probably last and only chart for next 3-4 months. As title suggested, I am expecting bitcoin to cross ATH this year if all set within next 4 months or less. This is a very long wave to trade and below are the new trade setup details:
Trade Set up:
Entry < 9600
Target > 19400
Stop loss < 7900
Note that I will be updating...
Good day and hope you are doing great.I decided to add some value on every post I make. So from now on every post will have two categories 1) Speculation that helps you to validate your speculation and 2) A Story that will help you to develop good trading habits as I believe trading habits and psychology are more important than speculation. Let me know...
Bitcoin bulls are having an uphill task sustaining the price above $11,000.
Another slide below $11,000 could easily plunge to retest support at $10,500.
Bitcoin price is holding above $11,000, however, it has a bearish inclination in the short term. The trading on Thursday saw buyers revive the bullish momentum upwards but hit a wall at $11,200. A reversal...
The price was in a corrective state for a long time.
Currently, the wedge model boundary has been overcome, and the price has formed an initial growth impulse.
As before, we expect the continuation of the growth of bitcoin in the medium term.
We recommend that you buy BTC now.
Good luck to all!
Thanks for coming by to this update.
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Let's get to the chart.
Guys firstly I need you to understand, TA is the perfect way to speculate the future...
I think it's quite likely that we're going to revisit the MA200 one last time, as a final shakeout, before any kind of rally can start.
The stock market looks as if it want to commence a second dump wave, therefore, it's quite likely that btc will follow to some extent. However, it will not follow as strongly as last time, because
now, we are in post halving...
If we see clearly that everything is the same and respected
And I expect to repeat the previous scenario in the future, so we see that prices will fall by approximately 30% to the 6000 regions, and from that the big rise will begin.
Note : these are just ideas I try to share with you, not a recommendation
The drop after #HALVING...
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The margin market drives lots of crypto movements. Since whales could profit from opening both spot and margin accounts to facilitate pumps/dumps, and only minority wins in this market, counter trading the general margin market...
It is looking better and better for the emergence of a new rally, despite all odds.
Now, if the weekly candle closes above 10.5k this week, this will be a huge cofirmation, the one we need to be very sure that we will indeed see a giant new bullmarket.
This will culminate in hitting 20k still this year, and new all time highs by late 2020 or early 2021. 100k...
Ok, BTC has unfortunately chosen.
The weekly candle has closed below the weekly MA200, and that is a very bearish sign.
Turns out, the people that hoped for an ABC type correction were right after all. But ok, this is due to the unique macro-economic events that are basically
leading the whole world into a recession. Without that event, I think BTC would not have...
No signs of letting go and looks very healthy now with this breakout.
Based off the halvening dates from historical data I think this bull run should explode compared to the last major cycles.
It seems each bullrun parabolic run has advanced with quicker pace each time.
This is obviously speculation, but I mean for the most part it has been pretty consistent....