The action in Bitcoin (the past couple of days have been choppy to say the least. Are we gonna break up or down?
Looking at the overall pattern on a smaller timeframe, we can see that we have clear resistance levels to break to the upside, while there is steady accumulation from the bottom.
What does this mean?
Typical for ascending triangle patterns, they ...
This is a possible Bullish Cypher on the 144m chart. This is not financial advice, nothing but a hypothetical scenario that could POSSIBLY happen. This could crash and burn as well I can not read the future. Good Luck, Have fun.
I think XRPBTC is going to stay bullish, and it'll play out with a sporadic combination of cup and handle and ascending triangle fractals. This is a rough estimate, but end game is going to be about 20% gain if you buy at the bottom of the handle. Always have a plan for the bearish scenario. The bear is very real. He is strong and still on the prowl ready for ...
Who knows when BTC will stop bouncing between the top descending diagonal downtrend line on top of the MASSIVE downward wedge that many expect to pop. I think this is a fair play, you get two choices of entry depending on BTC, ( stop losses in this chop go 2-4% ), the targets are based off previous value zones that price has encountered stuck around by. There is a ...
On the 45 min timeframe BTC is forming an ascending triangle. Let's see if it bounces within the triangle. Will it break bearish or bullish? Have a plan for both my gang.
***A 100% drop playing out throughout the rest of the year is still very possible. If you ask me though the bullish risk to reward on the long term is mind blowing. We are in buying territory ...
hi guys! nice weekend! we have seen a very good run in btc. alts jumping up, from their bottoms. nice, nice. so my pick won! i posted that BTC might breakout yesterday when btc was 63.2 or something! it broke out just like few hours i wrote that! how lucky.
however, this bull flag seems more like a bearish flag, an ascending triangle that usually breaks below. ...
Earlier in the week, BTC dropped below 6K and had the chance to plummet below 5800. However, it quickly bounced back above 6K and has held, trading at 6500 as I write this. This is a very bullish sign, as a higher low has held which could lead to the start of another big rally for the entire crypto market.
After the big downturn from 8400, the crowd was calling ...
Here’s a little more of a macro view on BTC from the 1D charts. I am prepared for a further drop down into the 5K range (smaller timeframes are currently pointing down). But, I want to make a case for the perma-bull.
Assuming I am a perma-bull and disregarding 2014 analogs, I would believe we bottomed. After Drop 4 (“D4”) BTC consolidated within the range of ...
Good Friday morning, traders. We saw another attempt by the market to push price up and through the $6450-$6650 resistance but the sell walls were dropped in when it did. Ultimately, we saw a high of $6562 this morning with a sharp sell off immediately afterward that led to a low of $6405. The high was at the dashed horizontal resistance line that we've had in ...
What do we have with this asset?
Great project for long term, great team.
Even with the lasts dumps of BTC, this asset recorded a 50% gain, showing that the selling force is tired.
Double Bottom on daily chart.
Fibonnaci perfectly retraced to 0.786 level, Wave 1 and 2 is complete.
If we do not have strong dumps with BTC, we are heading for impulsive wave 3.
THE ...
As much as we don't want to admit it, there is almost zero reason that the SEC would approve the first ever Bítcoin ETF without taking all the time permitted to them by law. Therefore expect late September to bring about another drop as the SEC postpone their decision yet again from the current September 30th deadline. This will likely be until December, with a ...
as for right now indicators showing a very bullish signal on daily, rsi overbought rsi stoch bottom
However this time its better not to folow these view indicators as sentiment is overruling in favor for the bears.
regardless i think we are in a inverted widening triangle pattern, wich often leads to continuation of the trend, in this case downwards
we found a ...
Steve Primo's Advanced Bollinger bands
This is an interesting and easy way to trade that anyone can pick up immediately. It doesn't require to have perfect-right-now type of scanning or timing.
Orders can be set up ahead of time at night and left to fill on their own, freeing up time and attention to go do other things during the day.
People with day jobs where ...
Bitcoin has fallen for the last whole week. it is now making a falling wedge, which is bullish at least for short term. It has hit 7280 today, but at the moment, there is a chance that it would not be the low. 7180~7280 zone could be visited as it is having hard time breaking through 7400.
https://www.tradingview.com/x/vIm2wQ6u/
many bullish traders target ...
