Hello traders. Check my previous ideas to see what's next on BTC/USD price action.
Wanted to share this intraday idea with you guys.. Maybe it will help somebody on their entries..
I'm looking at this recent move as a bull trap in short term.. We didn't reach crucial blue zone just below and stopped at $8680..
We need more liquidity to go higher and strong...
Hello everybody! It's late but I wanted to share my thoughts on a possible Xrp move!
I just posted views from a bullish side. This is counter trend idea just to keep you guys on top of things..
Inverted chart shows a possibility of getting lower very rapidly. So BE CAUTIOS!
We almost got that 0.618 fib which is so common for ABC patterns. Usually 0.618 is...
We see a divergence between the OBV indicator with a downtrend since august. (short-time bear)
Heavy resistance will probably be tested soon around $90. / check chart for more details
Symmetrical triangle pattern in BTC and SPX, waiting for a breakout. Looks like bullish momentum is fading and we are headed for corrective territory. BTC has the potential to explode higher, but I just don't see it for the SPX... there are too many fundamental factors on the table to currently justify passing 3000 without more "trade talks going well!" nonsense.
This is such a humongous project that I don't have enough weeks to try to explain it here.
Do yourself a favor and visit their website, find out about the new chanel D Tube, just like You Tube.
Yes, this chart might look whatever and wherever, don't worry too much about it.
Just find out all you can regarding this coin.
The only thing you can be sure of
is that I spend more time in front of computers than I spend sleeping.
When I find something which looks promising
it is my pleasure to show you. Please do your own research before doing anything
beyond human help.
Gold broke important 1420$ level on monthly chart. If XAU/USD can sustain the gains and even close above 1500$ in August, then we might have couple of months in 1530-1500 range with possible spikes to 1579$. We are literally sitting and that crucial 1495-1500$ zone on weekly, which I believe is bullish.
Failure to close above 1500$ on monthly would signal a...
We have been left with bare and naked
Price Action, here and now.
No indicator will tell us Anything,
whatever it does, it will not be true,
it will not be false, it just might be useless.
Having BTC visited
the shape of a Death Cross, we need to know
that we are on uncharted grounds.
In given chart I'm showing you almost the same structure that happened before in this descending channel.
We might see one more re-test of 0.236 and then go much lower looking on daily. Good risk reward trade with TP at 0.618.
Trade with caution!
Hope you get something useful out of it.
Bitcoin already broke ascending triangle on a bit elevated volume. For a bigger move we would see more volume coming in.
I see WXY as a possibility.
*We have Daily 100EMA at 4040.
*Weekly fib resistance at 4090.
Also if you make a fib retracements 1.618 is my target based on recent behavior.
If you are LONG taking profits just above 4000...
Bitcoin breached 4k- for 15 seconds.
Now its falling. Sunday sell off to ensue I believe if it cannot maintain above 4k. Now at 3930. Midway through U.S. Saturday, make or break. Looks rocky to me. Look to other alts to be dragged along for the ride.
I am not a professional adviser.
Faaortis fortuna adiuvat.
I am not a licensed financial adviser.
Now that that is out of the way, let's look at Bitcoin. It is currently trading below the Ema25 , Ema 50 , Ma 50 , 100 and 200. Rsi has fallen to 39.6, and it is a Thursday. Repeated rejections of 4k have caused BTC to be tightly range bound these past few days , but today, for now at least, it has a direction, and that...
Caution here!!! Bulls looking good on the daily but there is still a lake of volume. Bulls still need to break the reverse head and shoulders neckline before we can be confident of further bullish momentum up to 5k or 6k BTC levels. The long-term weekly trend still needs more strength before bulls take control of the weekly. Best of luck!!! @crypto8020
New day on the cryptos market!
What happened last night?
Overall, the market has remained stable, as can be seen from an analysis of total market capitalization, which has stagnated at $211 billion.
The Bitcoin is still evolving laterally for the moment staying around $6,740 still in its trading range with its support at $6,650 and its resistance at $6,800....