Lol, perma bulls be like, what are you a no-coiner, a noob, a dummy? Let's be honest the folks in the chat rooms don't even have over .5 so they're the no-coiners...soon. Trading is something I like to do in isolation, hearing too many opinions is a bad idea. Chart is basically just another potential triangle forming. Nice datum to look for trades because if...
Hello, Traders! Monfex is at your service and today we overview Bitcoin. Now we see clear falling wedge inside this descending channel, and a triple bullish divergence by RSI that can push the price to the resistance zone and main trading volume range. The resistance zone ~ $9000-9100 The support zone ~ $8665-8500 Supposed Trade Signal by BTC/USD ...
IF price reaches around 75.95.6 I am seller but in this market I am never buyer!!!
My opinion is this one: Straight to the point: I'm not bullish for the time being on btc, simply for the fact that it tapped the 9100 region and dumped.. if the bulls cannot drive the price up than 8500 is next. If that support will not hold (8.6k-8-5k) than we will re-visit the 7000$ region. As you can see from the chart I have highlighted 2 price zones where...
While everybody seems to be bullish about BTC making new ATH, I think there is a bitter pill to swallow - BTC historically squeezes down to test major supports between new bull cycles. It might get volatile these next few hours/days. Whether BTC does make a jump higher it won't be long lived. RSI may need to get to oversold before a the next Bull cycle is...
Hello, Traders! Monfex is at your service and today we overview BTC/USD . Recently, attention to Blockchain and Cryptocurrencies has increased significantly at the background of news from China. The President of China announced his support for blockchain technology. After the false breakout of the important support level of $7800 , BTC grew more than ...
Hello, Traders! Monfex is at your service and today we overview Bitcoin. At this chart we see more bullish scenario how BTC realize a falling wedge pattern and fixed above the resistance line with consolidation between $9000-9700 and MA200 && MA100. At the end of September, MA200 crossed the price and it seemed that the bear market was started, there could...
Hello, Traders! Monfex is at your service and today we overview Bitcoin. Bakkt cryptocurrency platform set its latest record - the trading volume of BTC futures on the site exceeded the value of $15million. Experts associated this event with increasing interest of institutional investors in the accumulation of cryptocurrency. BTC/USD has a strong bullish...
RSI shows one more move up is possible until overbought conditions are reached, Linear regression shows a value of 0.76 which is quite reliable. If this holds 7k is a great long entry. Is it Ethereum's time to shine?
Hi guys, I don't want to be the guy who gives the bad news but this is exactly what i see on #btcusd charts. This move should be slower with time-based corrections. But it didn't go that way. So we have to pay back. Be ready another mini-bear market till the end of year I am highly leveraged short on December contracts Just a notice
Using fractals and the data from our last major PUMP last week (thanks China!) BTC had about a 5% dump and has stabilized between $8600-$8800. The 4-Hourly RSI and Stoch are flipping to bullish and could be anytime until a SHORT pump happens! Pattern has broken but needs a stronger confirmation. After BTC dumps there is usually a stronger bounce back up to the...
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bitcoin 9200 >>>> 8700 8700 >>>> 9000 9000 >>> 8500 8500 >> 7900 Up to 10500 my mind :)
Hello, Traders! Monfex is at your service and today we overview BTC/USD. Everyone is waiting for the breakdown of the resistance line, but we are still under it and on the weekly chart we can see how the price met with MA20. In both charts, the bullish formations of the flag and the pennant are also clearly visible. By breakout the last support zone of this...
Here are the trendlines and support/resistance levels I think are the most important to watch for Bitcoin at a larger timeframe. We formed a triangle (Orange lines) that will break between now and June 2021.
Bearish divergence on the 4H chart is currently playing out, with Bitcoin looking to hit the 8.5-8.7k area and close the CME gap. This area also corresponds to 200 EMA on the 4H. Furthermore, RSI also dropped below its EMA confirming the short-term bearish move. Finally, TD also gave us a sell signal when the red 2 candle started trading below the 1.