BTCUSD has been unable to break the 200 MA on its last three attempts, two of which occurred after the the breakout from the logarithmic downtrend. This means that the breakout is bullish but there is still a threat of a drop below $8000. So far $8800 has bee a decent support zone, but nothing has been tested in between $7500 and $8500. The third circle showed...
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BITSTAMP:BTCUSD -0.07% found ground under its feet and broke the downtrend, which was in play from the beginning of this year. Climbing from 6600 low to 8900 (at the time of writing), trying to break through 9000 resistance level. Already denied three times, but for the uptrend to be fully confirmed, bulls need to break few more resistances. In my chart you will...
FeatherCoin targets: 0,25/0,31/0,38/0,50 I expect LONG! BUY! When sentiment on crypto market is good and prices rise, all these targets will be reached. When price breaks 0,50 we probably go wild! I invest in Crypto currencies and I trade CFD's. When you want to invest in crypto, I advise you to buy 'real coins' because on long term that will give you far more...
Afternoon Crypto Junkies! Pretty easy to see here. We got a descending wedge that has been consolidating for the last several hours. This could also be considered a bull flag pattern. MACD is also fairly low as both fast and slow signals are about to cross. Love trading GRS as it offers tremendous gains!
We are reaching a critical point! If we pass the 200 day moving average we can be looking at a Bull Run coming soon! Keep a close eye on the critical point I circled. Hopefully the Bearish market is finally ended and we are heading toward months of upward movement.
Currently we are on a downtrend because of the falling wedge formed by COINBASE:BTCUSD . I'm expecting this drop to hit $8150 - $8050 range withing next couple of days. As you can see we are currently forming a bear flag which validates further downtrend. P.S: Trade at your own risk. Not a financial adviser
Every thing is looking good if the potential support hold we are fine , if not entry point will be at arround 2000sa , on the previous accumulation zone and then we will wait for the market to recover first target for me is 6000sa :)
Hello everyone! After my ETH/BTC chart I thought a USD version would be a good follow up so here it is. Its basically the same as the ETH/BTC chart trend wise, down. the difference here being is that ETH is hitting hard supports compared to the ETH/BTC chart. Is this a indication for a reversal on the BTC chart or is it just the optimism getting corrected after...
I'm waiting to increase my position on Bitcoin around $6,500. Volume, trend line and 200 day moving average is not looking good at the moment. Buy if we move above the 200 day moving average or if we hit a major support level around $6000-6500.
Feathercoin bouncing between 0,197 and 0,315. Breaking points and resistances are indicators for short term which you can use for short term CFD trading. Crypto currencies I don't trade as CFD's. Too much risk, mainly because they expire very soon every time. When you want to invest in crypto, I advise you to buy 'real coins' and not to speculate the chart with...
Volume and buyer sentiment doesn't seem like it's high enough to move above the bearish trend line! Great buying opportunity if #btc drops below $6,500!
I don't believe in this little push/recovery today! I still see a overall downward trend continuing.
We just broke through the last support level and came back below the trend line as well. Next support level is around $9500! Hopefully we don't go below that but the volume and buyer sentiment doesn't look good!
The market is showing us the symmetrical triangle pattern. This pattern can break either way and that's why it is important to pay attention on breakout. Don't try to buy too low because you might end up losing. That's why it is crucial to have proper breakout confirmation from the expanded volume for example. What we need to see also is that the 4 hour candle...
I'm thinking if it does go down to the .0027822 level again it will bounce.
On this chart: BTCUSD (candles) NASDAQ Composite (blue stepped line) for (loose) reference BTC Moving Average (white: 50D, Orange: 150D, Yellow: 300D) BTC Trends (Green: UP from lows, Red: down from highs) BTC Fib retracement from 2017-12-17 ($19891) down to 2018-02-06 ($6000) BTC Fib retracement from 2018-02-06 ($6000) down to 2018-02-20...
Bitcoin is on the last correction point before going up Mark my words :)