So guys, this is what i think about bitcoin in the next coming days/weeks. That 4500-5000$ area will get retested . Both 2 scenarios leading to the same final point. Why do i have 2 scenarios ? Because its possible one more last push to retest 7000$ area. That being said: i wait to see what price is going to do when it gets back to 4500-5000$ area. IF that area...
Hi everyone it is not a financial advise to buy or sell bitcoin its is my personal trade and i am sharing this for my record and for educational purposes i am not a professional trader, i am also learning in this trade xbtusd is forming descending triangle pattern on one hour time frame #letsLearnTogether
Here is how I prepare my trading view chart for daily trading. I learned this from other phenomenal traders, and it has helped me greatly. I hope it helps you. With this basic setup of your chart you will have a good perspective for all time frames when you use your charting tools and technical indicators. Cheers
Bitcoin go to retest 3 years old trendline ? I think we will see them in the following days... If we went below the trend line, it is quite possible that even the support at ~ 3500 will not save us but we will go below. That is why I personally have only a small buy in this section... Why do I think we will test at least a 3 year old trend line? I am...
Hello A large ascending channel was formed on bitcoin - as long as the price remains within it, we can expect continued growth with the minimum goal of closing the gap on CME 6600-6700 (if consolidation occurs then the test of the upper boundary of the channel 7200-7400) If the price goes below 6,000 and gain a foothold there, then magnetically and the...
Inverted picture (chart) will hellp us to see what is happening ( corona , USA , Money sell , Panic etc ...)
descending wedge buy-sell-attack-defense observed If rebound occurs, It might be the opportunity for SHORT users to join the market.
More likely no rebound and straight to SHORT NO RUSH.
It looks like we may see something like that. I don`t plan to enter yet, but if goes near the fib .382(38.2%) and retest near the fib .236(23.6%) I may try a short for a risk/reward of 1.3 to 1.6, moving my stop loss to .236 after break .382 Fib. I will aim for that. Also, you can see two green lines, both are Trend lines, if stay in the green line below may go...
- allright guys, this is the most important zone - we are get back to our trendline, and the third cracking attempt - if you are considering LONG deals just in this zone - if we fall below you can try open short orders - after I will come up with a new analysis focusing on new areas Please note: the analyzes are purely technical in nature, but currently the world...
The bulls, in my opinion have failed to come through. The lower timeframes are overbought and the 1 hour is looking more bearish to me. I have confluence in my technical analysis to suggest that a rejection at 6328 merits a short entry. Profit should be taken at 5700. A stop should be placed responsibly using a local pivot high on the one hour chart. This is a...
Podemos estar dentro de uma gigantesca de bear market no bitcoin, devido a crise o ativo perdeu bastante de seu valor e a cada dia continua criando formações com base em Dead cat bounce, podemos passar meses numa formação para finalização de uma onda C , operem com stops! Formação 12345 de retração: 1: 3.941 ( Fechado/ Março 2020 ) 2: 6.200 3: 3.000 4: 3.800 5:...
#BITCOIN The price will soon end the correction
This is an addition to my previous analysis for BTC regarding the rising wedge it has formed. A falling wedge can also be observed within the rising wedge. Upon breakdown of rising wedge this will be a nice accumulation point for longs. It can be seen that price has been rejected on the weekly chart by the Gaussian Channel. This wedge provides room for alts to...