I think it is self-explanatory: We basically have 3 major buy and sell targets with huge potentials and 2 gigantic gaps to the upside that can be exploited for gains.
It basically doesn't matter if it drops to the bottom again or keeps shooting up, just make sure to play it long-term (months) and set your stop-losses reasonably.
If you ask me, from all the OG...
Price showing overbought behavior and indicators at 34$, we can expect small retracement for short-term as we see btc goin sideways, but looks like price heading higher, so tracking breakout from 34$. Price can fall to 22$ for a local support for bigger move, so this is a key level for daily close.
Though it show a weakness in price in present..
The Price action still within Ascending Triangle pattern area. as long the recent candle didnt close far below 50 EMA in 4 hour chart ( +- 7600 USD) there's a possible chance the price action could managed to bounce back within ascending triangle area.
Although it's very risky area to trade BTC/USD as in Daily...
Hey everyone. It's been a while since I posted, I don't feel like I can live up to the quality of my last BTC analysis, which was PERFECT. If you haven't seen it, check it out.
But today I was thinking "There's no way this market is going to keep going up, because CNBC is talking about it, and everyone else is talking about it."
You see, in trading 90% of...
Price showing short-term bullish divergence, and according to my observations of the movement of prices between levels of hype Fibonacci extensions, means price top at 2.618 level, it might go to Fibonacci level 1 and rebound up to 1.618 and 2, and after it crashing down to 0.382. But it seems this should follow in celrbtc chart as well.
What we see on the daily chart:
- 650 seems to be the bottom so far after this big retracement
- volume coming in, buyers stepping up? Tight candles suggest there still are some sellers left, but it looks like an area where buyers might step up big time and sellers run out, but we need to keep in mind btc is still the boss here
-RLC likes to move fast , I would...
This is obviously a continuation cup and handle pattern.
I am so excited to see the next price surge for bitcoin in next week.
The price of bitcoin will probably reaches to $13333 area.
Good luck and happy trading! =)))))
Step 1 CMF falls from
+15 to -15 in straight line
Step 2 CMF slowly moves
above zero line & no new
swing highs made
Step 3 Sell at candle close
when CMF breaks below 0 line
Step 4 SL above a fractal high
Step 5 TP your choice - or when
CMF crosses above 0 line
BTC is going through consolidation after retesting $8.4k level (resistance/pattern neckline). I can see this pattern acting as a continuation pattern further to the upside. If price can break above and hold the $8.4 level I can see it continuing up towards $10k. Price faced some resistance around $9.9k back in March and May of 2018. Will need a volume spike to see...
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Fourth symmetrical triangle in 10 days. Decreasing maximums and increasing minimums take place making the price converge towards one point.
At the moment, all of them have broken the triangle upwards. However, this ocassion can be different. The Bitcoin price has been continuously making lower maximums since May 15th, regarding the minimums they haven´t been...