Bitcoin has continued its movement in the range from previous few months from July onward. Now as visible on the chart we are quickly approaching the apex of a big symmetrical triangle pattern that has been forming for the past few months. It is also visible that since most indicators are in bullish positions from the current perspective the more probable...
Hello! Such an interesting picture. percentage is calculated from point 6400 ITS NOT financial advice!
I think the consolidation period is finally over, though we might get another retest of the trend line, the general trend looks bullish.
We are doing Analysis of BTCUSDT on Daily Timeframe. With the Help of Price action, I have made Support and Resistance Levels You can see there is on Support Level which is at $6000 And Resistance Level on $6770 , $7400 , $8200 The Market can test Support Level them can move to upper resistance levels respectively. Note: This is only for Educational Purpose...
#Bitcoin is ALMOST in the buy-zone, yo. Check it out! $BTC
We may see a possible drop from the resistance shown in the chart! - I really don't know what the bottom will be - We may also see a RSI double top which will confirm the bearishness for the btc - If we see the larger picture we will breakout out or break down from the triangle on 22 October If we are able to close above 21 ema with a bullish candle we can test...
This graphs includes additional indicators I have used to reliably predict to predict BTCUSDT price bottoms in liner and logged format. It serves as a supplement to the following graphs: _____ Indicators-are-through-the-roof-watch-closely _____ Bitcoin-predictor-V2-Works-all-the-time-90-of-the-time _____ Bitcoin-3-2-1-BUY-V3 _____...
Greetings from Benice team! Market principles go as follows: if there is a non-standard candle with a shadow piercing deeply the general trend, we can expect that the price will soon overlap the candlestick shadow. A liquidity taking effect occurs as a result of this movement. The sellers zone gets immersed into the vacuum, reducing the number of offers to its...
#Bitcoin | $BTC - Next stop @ $8,000 USD!
Ending 5th Wave Diagonal is almost complete for #Bitcoin | $BTC!
#Bitcoin /$USD could see a HUGE WAVE 5 coming VERY SOON! (LONG)
Hi guys, This is an other Bitcoin analysis on D1. The Bitcoin's price breakout his trend line resistance at 6650 $ after three tries! Nothing is won yet but it's a good start for a new bull run in the end of the year. Legends : - Purple line (clear) : MA 10 - Purple line (dark) : MA 20 - Yellow line (clear) : MA 50 - Blue line (clear) : MA 100 - Red line...
Greetings from Benice team! Bitcoin's price increase impresses with its ability to appear and disappear at the most unpredictable moment, leaving only a smile or disappointment behind. Currently, the market has turned green, and this is good news. The current situation is as follows: The SEC postponed the decision on the ETF's fate for an indefinite period,...
As we stated in our previous update the more probable move for bitcoin was to push towards $6800 resistance zone, however a retest of lower trendline is possible. Now as visible on the chart we are drawing, that retest is happening at this very moment as bitcoin is currently priced at $6550. This is a critical level and a decision point for bitcoin. Should we...
Hello Traders, 1- Adam&Eve Double Bottoms Pattern need to confirmation at 7400, it should go higher after it reaches there. 2- We are currently inside of Bearish Rectangle, it may drop to 5555 and more deeper. Long or Short at breakout , Setup on chart. Please do not hesitate to ask question. Have fun.
Hello guys, Bitcoin is still looking from my point of view and actually the more long term we look the more bullish we get so soon we might just be at the start of the next big bull run which might take towards the end of the year or the start of 2019! In 1h chart we have a possible trend line which will look like a falling wedge reversal so we have our supports...
BTC is still making corrective pattern however like I discussed in my previous post this whole pattern could be WXYXZ. Z wave still has more leg up left if thats the case. Watch a for bull break from this consolidation for a long to 7100. I'm still expecting a new low to be formed after this WXYXZ completes.
This is very clear what is going to happen. Most of the traders thinks this descending triangle will breaks out and bitcoin will start new up trend but unfortunately this is not gona happen.. #BTC will breaks down this descending triangle and hit 5200-4900 to make people sell their btc because they will think that #btc is going to hell now.. Then Real investors...