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Criptocurrency

Btc - uptrend channelGood night traders, Btc is trading on an upside channel on our H4 timeframe (left) and after the strong dump yesterday it has respected once more the bottom of the channal. On our weekly tf (right) we have 3 dojis in a row showing strong indecision right now. The idea here is to take advantage for the price when its on the bottom and top of the channel until we have a clear breakout with reasonable volume. The only thing concerning me so far is the low buying pressure after the yesterdays dump but since the price respected the uptrend i guess we might see some improvement next week, i dont look at weekend volumes since they are tricky and low. Interesting levels: First support level = 5140 USD Second support level = 4800 USD First resistance level = 5450 USD Have a good weekend everyone! This Trading Idea is to be used for educational purposes only. This idea does not represent financial advice and its NOT a signal. You should trade based only on your own technic and knowledge.
BITFINEX:BTCUSD
by MarcelMartins
1
BTCUSD market technical outlook, 24.04.2019Daily chart: Another attempt of bulls to post a new high has ended up with signal from RSI oscillator of bearish divergence forming, that is one of indirect attributes of probable downward reversal of the trend. Thus the psychological mark of $6000 for a coin remains too distant to reckon on it shortly. More likely scenario now is development of downward wave towards the middle Bollinger bands ($5189) first and then towards the lower band (4869). H4-chart: Local downward wave will definitely meet strong support at PPZ 5400-5401 (the region of merging with middle Bollinger band). But it looks like bulls don’t have good prospects now, therefore it’s better to consider upward pullback from the seeking of new short-signals point of view. H1-chart: Intraday we note an extra strong signal of decline continuation - it’s break of the lower Bollinger band, that as a rule is being executed through prior pullback towards the middle Bollinger band ($5573 for a coin). Expectations: Main scenario: Pullback to the 5573 zone and then decline in direction 5401. Alternative scenario: Decline towards 5401 from current levels and then pullback to the 5573 level. Trading recommendations: Shorts from the 5573 level. Longs from the 5401 level towards 5573.
COINBASE:BTCUSDShort
by FortFS
BTCUSD market technical outlook at April 23, 2019Daily chart: As we see upward forecast proves itself entirely and so far there is a feeling, that everything just begins - ADX and RSI indicators reside in the state of strong trend, therefore new upward momentum can be very volatile! The closest target of bulls seems to be the marks of $5800, $5900, $6000 for a coin. Profit capture may take place at the 6000 mark, that will force market to roll down again. H4-chart: Upper Bollinger band is broken being a traditional attribute of the quotes’ growth continuation. Given very active state of ADX indicator we can suppose, that this growth will continue directly from current levels. But movement with prior retest of the broken PPZ 5435 would look smoother (watch the trajectory of black arrow). H1-chart: Intraday RSI oscillator shows substantial overbought conditions, that also can be the reason of downward correction in direction of the 5435 level. Thus this mark is the most attractive price to buy bitcoin shortly with count on growth towards 6000. Expectations: Main scenario: Pullback towards 5435 and then start of new upward movement in direction 6000. Alternative scenario: Direct continuation of growth from current levels. The target is 6000. Trading recommendations: Longs towards 6000 (optimal entry point is 5435).
COINBASE:BTCUSDLong
by FortFS
BTC - Wait for a better long opportunityGood night everyone, BTCUSD is now showing some weakness after that huge breakout rally, the buying volume pressure is slowing down and the selling volume is slowly increasing. We have a bearish divergence on RSI and now price is standing on 5000 psichologic level. Btc can sure just breakout and moon anytime, but its to risky to buy it right now , the best opportunity are on the demarcated support levels that can hold some correction, should btc show bullish signals on the support zone then we can buy it aiming 5900 resistance level and further. This Trading Idea is to be used for educational purposes only. This idea does not represent financial advice and its NOT a signal. You should trade based only on your own technic and knowledge.
BITFINEX:BTCUSD
by MarcelMartins
BITCOIN - Overview and opportunitiesGood evening traders, overview on BTC. H4: The coin is on short term uptrend as we can see on left chart, we have an already confirmed uptrend (3 touches) e therefore we can search for buy oportunities if the price go there again, wait for rejection and then buy. : Im using LOG CHART and then we can see there is a downtrend confirmed by 3 touches and now we broke it upside, now the price is re-testing it again and so far rejecting it, good bull signal. Daily: We had a clear bull trap above 200 sma that for sure killed some bears stop losses and triggered some early bulls into the market, now this moving average is our current resistance level for aim 6000~6400 level. So now, whats the plan? For selling: Wait another test and rejection on the daily 200 SMA. Buying: Wait anothe test and rejection on our H4 uptrend. Interesting levels to watch: 1th support level: 4800 usd Current resistance: 5370 usd (200 sma daily) Potential upside target: 6000 and 6400 usd. (Medium term) Enjoy it? Leave a like! This Trading Idea is to be used for educational purposes only. This idea does not represent financial advice and its NOT a signal. You should trade based only on your own technic and knowledge.
BITFINEX:BTCUSD
by MarcelMartins
6
BTCUSD market technical outlook at April 18, 2019Daily chart: Bitcoin continues moderate growth in direction of the mid-term target of $5719 for a coin (upper Bollinger band). Correcting ADX interferes with more active trading so far. H4-chart: We note important local levels of support and resistance at middle (5149) and upper (5322) Bollinger bands. Given active ADX there is a probability of upward break. Intraday session goes on the back of ADX indicator correction, that is inherent to flat market. It’s unlikely, that price can leave the boundaries of Bollinger bands (5197-5274). Expectations: Flat in the 5197-5288 range. Trading recommendations: Trading in the 5197-5288 channel.
COINBASE:BTCUSD
by FortFS
BTCUSD market technical April 17, 2019Daily chart: Bitcoin keeps two tendencies simultaneously. Overall - mid-term growth in direction of the upper Bollinger band ($5719 for a coin). Local - accumulation of potential before probable further growth. This is indicated by correction of ADX, that corresponds to absence of trending potential for impulse movement. Thus trading tactics may be seeking for long signals at short-term declines. H4-chart: Local ADX shows growth, that tells about big forecast importance of the resistance 5250 at upper Bollinger band. While this barrier is unbroken, market will stay within the range of upper Bollinger bands (5106-5250). And break higher would be an important trigger for the launch of a new upward rally. H1-chart: Intraday it’s noteworthy, that the coin has settled above PPZ 5170, that allows bulls to accumulate purchase volume in direction of the upper Bollinger band (5310). At the same time here an activity of ADX indicator is absent as well. Expectations: Main scenario: Flat at the 5170-5200 area. Alternative scenario: Growth in direction 5310. Trading recommendations: Longs from the 5170 level in direction 5310.
COINBASE:BTCUSDLong
by FortFS
1
BTCUSD market technical April 16, 2019Daily chart: As we see, from one hand bitcoin keeps mid-term upward potential in direction of the 5719 mark at upper Bollinger band, but from the other hand ADX indicator experiences corrective stage, that indicates an absence of trending pressure. Thus most likely gaining of volumes on current levels will be continued, that may look like flat. H4-chart: Market doesn’t change the borders of horizontal channel of accumulation so far and stays within Bollinger bands ($4994-5168 for a coin). H1-chart: Intraday bitcoin remains in an upward phase of the movement, that supposedly will be completed at the area of dynamic resistance $5158-5168 (upper Bollinger band). Thus we can consider long-trades in direction of this zone and then taking profit and selling. Expectations: Growth in direction 5158-5168 and then downward reversal in direction 5000. Trading recommendations: Longs towards 5158-5168. Shorts from the 5158-5168 zone towards 5000.
COINBASE:BTCUSDLong
by FortFS
Bitcoin - H4 outlookGood week everyone, H4 outlook for btc. As we can see btc is one more time approaching resistance level (orange) and it'll try to break it again. Bullish confluences: - Low volume on selling waves (check indicator), looks like there is no interest selling right now - Thats candle spikes (like the balloon demarcated one) are definetly killing some bulls stop losses, whales are eating them and this is bullish behaviour. - Ascending trendline already confirmed, touched more than 2 times. Bearish confluences: - Small rsi bearish divergence, no big deal IMO - We are closing WEEKLY resistance (check related idea) Strategy: either wait another touch on trendline and scalp aiming resistance or wait for a good breakout with reasonable volume (not huge, just above average) above resistance and aim previous resistances at 4600-4800 zone. This Trading Idea is to be used for educational purposes only. This idea does not represent financial advice and its NOT a signal. You should trade based only on your own technic and knowledge.
BITFINEX:BTCUSD
by MarcelMartins
BITCOIN - Stop losses activated. Good day everyone, Lets look at BTC chart on multiple time frames. -Weekly we are bearish, huge descending trendline yet to be tested again, and the recent uptrend volume is slowly decreasing, not good! We have a huge resistance at the indicated level ~4250 zone and im not long anytime until this level is broken with good volume (good volume is slighty above average volume and not huge huge volume like the H4 red candle) - Daily timeframe on the other hand looks good, volume is increasing and the low volume on the red bar say there is not to much interest on selling right now, and therefore the crowd is turining bullish and from HERE we can go to H4 chart.. - H4 we see this HUGE VOLUME red candle, what does this HUGE volume mean? Whale activity, what do they want? To get bulls rekt by killing their stop losses under 4000 usd level (check chart) , most of the people who are long would put their s.l just there, everybook says "put your s.l under the previous low", and whales of course know that very well =) Now its time to wait and see BTC behaviour after this whale activity, IF we start to get increasing volume on upwave bars therefore we can expect btc will surely try to break up 4250usd level and target 4800 and 5900 level. But before these targets we have the weekly decending trendline so be careful and use proper money maganement =) This Trading Idea is to be used for educational purposes only. This idea does not represent financial advice and its NOT a signal. You should trade based only on your own technic and knowledge.
BITFINEX:BTCUSD
by MarcelMartins
Strong bearish momentum on BitcoinBitcoin is reaching one of the most important resistances that it has, this resistance has been maintained since the beginning of 2018. Most plausible scenario: Bitcoin bounces downward looking for levels of $ 3,500. This is the most probable scenario because overall Bitcoin is still bearish, and I will change my mind once I see signs of the opposite. Alternative scenario: Bitcoin breaks resistance with strength and continues to maintain an upward trend. But attentive to the weekly chart that shows a moving average (25) very close to the current price that will very likely be a strong resistance as well. ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Slowly adding sell positions in the above blue zone is what I will be doing these upcoming days, if Bitcoin surpassed that resistance it would mean the start of a bullish momentum so we must look carefully what the market has prepared for Bitcoin. I will be replying every comment, so feel free to publish here your own analysis or ask any questions.
BITFINEX:BTCUSDShort
by sickgains
BITCOIN: CHANCES DE INMINENTE DERRUMBE, NUEVOS MIN DE CORRECCIONFOREXCOM:BTCUSD LA MAYOR DE LAS CRIPTOMONEDAS SIGUE DESARROLLANDO UN CUADRO DE VULNERABILIDAD DE MEDIANO PLAZO, PRODUCTO DEL CICLO ASCENDENTE DEL DOLAR A NIVEL GLOBAL, POR EL CUAL SE HA DESARROLLADO EL CRASH CICLICO DE MONEDAS EMERGENTES Y MERCADOS BURSATILES. SEGUN EL CONTEO OPTIMO DESDE QUE SE IMPLEMENTARAN LA OPERATORIA DE FUTUROS Y QUE PONDRIA FIN AL CICLO ALCISTA, ESTARIAMOS CON CHANCES DE DESARROLLAR UN NUEVO DERRUMBE HACIA EL NIVEL DE SOPORTE DE 1850 DOLARES. (POSIBLE INTENTO DE FIN DE CORRECCION, PERO DE EXTREMA VULNERABILIDAD) MANTENGO TARGET OPTIMO IDEAL DE 1150 / 980 COMO NIVEL DE FIN CORRECCION LANZADO HACE UN AÑO ATRAS.
BITSTAMP:BTCUSD
by compa1968