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Digitalcurrency

Bitcoin Dives once again!!SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY Bitcoin Dives once again !! BITFINEX:BTCUSD continues on a further south direction. If it breaks the @4500 level and will see a further push towards the @3000 level. From my experience stay on the sidelines or short sell. Follow your Trading plan, remained disciplined and keep learning !! Please Follow, Like,Comment & Follow Thank you for your support :) This information is not a recommendation to buy or sell. It is to be used for educational purposes only! Update idea
BITFINEX:BTCUSD
by SMPTrader
Bitcoin! Don't get stuck trying to catch a falling knifeSELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY Bitcoin Bullish reversal?? Think again!! Bitcoin has broken an important support line and the next support line is around the @4500 level. From my experience trying to buy this on its way down it trying to catch a falling knife. If your desperate and want to buy into bitcoin, at least wait until Bitcoin has consolidated or don't enter at all. Follow your trading plan, remain discipline and keep learning :)
BITFINEX:BTCUSDShort
by SMPTrader
2
Digital currencyAbout the cryptocurrency market. Nowadays there are hard times for the crypto market,as it has been falling for 8 months. Many "traders" have become holders who are waiting for the weather from the sea, especially a new wave of active growth and of course "pump". Meanwhile, millions of bitcoins are bought and sold every day in the OTC trades (over-the-counter market), bypassing exchanges. And as a result the price of bitcoin is not formed by exchanges because they don't fix the movement of huge volumes that are transferred from one wallet to another. And some people understand that this is the best moment to grasp the largest part of the market, they reduce prices for financial instruments in order to buy them at a lower price and only when all resources will reject the crypto and will say that this is a crook business...The best time to enter the market will begin! And as Rothschild said:" Buy when blood is pouring on the streets". I like this phrase that Blockchain is inevitable and we will have to live with it. And I want to tell you that there are people who look ahead and understand the arrival of a new era. Era of digital money....
BITSTAMP:BTCUSD
by EXCAVO
23
HAMMERHammer The market has been in a downtrend, so there is an air of bearishness. The market opens and then sells off sharply. However, the sell-off is abated and the market returns to, or near, its high for the day. The failure of the market to continue the selling reduces the bearish sentiment, and most traders will be uneasy with any bearish positions they might have. If the close is above the open, causing a white body, the situation is even better for the bulls. Confirmation would be a higher open with yet a still higher close on the next trading day. *DISCLAIMER*: I am not a financial advisor nor am I giving financial advice. I am sharing my biased opinion based on speculation. You should not take my opinion as financial advice. You should always do your research before making any investment. You should also understand the risks of investing. This is all speculative based investing.
DLong
by TheWolfOfBinance
EOS/BTC: Will we see further downside?Hey guys! As you can see, EOS has been in a steady downtrend since the end of January. Our first wedge pattern consolidated the downtrend, dragging the price down by approx. -22%. The price seems to be catching its breath after the freefall, and we can see another wedge pattern taking form. In the event the price closes below the wedge's bottom trend-line, along with a spike in volume, we can expect to see another move to the downside, till it reaches our intra-day support level at 0.0007 BTC (black horizontal line). Additionally, the RSI is struggling to go past its mid-point value (RSI 50). First, let's see which direction the price breaks out from the wedge before we place a trade. If you guys ask, I'd be happy to update you on this later on. Cheers! Note: These are merely my predictions and observations. Please take my advice with a grain of salt, and always place your trades at your own discretion.
Short
by danielwjc
Bitcoin and Altcoins Insist on RangeThe Crypto Spread Indicator has reflected the breakout in Ethereum and has tipped the scales back to the Altcoins accordingly. However, the recent pullback across the board is reflected evenly and the spread has returned to parity. Both Bitcoin and the Altcoin index have retraced slightly, though we do see some technical strength in both, and breakouts can be expected in each. Bitcoin and many Altcoins are finding support at Fibonacci levels. Across the board, cryptos appear to be in Wave 2 of the next impulse of the 5-3 Elliott Wave, though if we cannot see a strong momentum push to mark entry into wave 3 to make new highs, we must regretfully accept that we are still in the corrective phase. Interested in the Altcoin Index and the Crypto Spread Indicator? Check them out here ! For daily commentary on cryptocurrencies, subscribe to our newsletter !
BITSTAMP:BTCUSD
by quantguy
BTCUSD what's next? A summary of my opinoin Since the price reached the buy zone on $9222, it started giving us higher lows each time when hitting the black uptrend. Now, the price is facing the first downtrend in blue. If the price successfully breaks the downtrend, it might go for the next downtrend in orange and the target will be the price zone 14370, 50% fibo, - 15000. After that, we might go down to hit the red moving average, 200 EMA then we will be ready for new uptrend. The other scenario will be if the price breaks the black trend, it will probably go down to hit the 200 EMA (around 9222- 8000) and the 200 EMA will send the price up again. Currently, the indicators are still pointing down and in favour of downtrend. Which scenario I tend to follow? The first scenario. Should you buy now? If you did not buy when the price was in the BUY ZONE then the best thing to do now is to wait patiently until the market decide which way to go. Should you follow my opinion? Never do that without doing your own analysis but we are here to make money ;) Happy trading
BITSTAMP:BTCUSD
by rafalemban