In my initial prediction of BTC price, I thought it would have more upswings on its long trend down. As it plummets with runs back up few and far between, I chose to revise my idea.
If you read my last post, you know I don't think there's much value to Bitcoin, primarily because there's little to nothing that gives it any real value, as well as it not really...
1. Upper resistance @ 10000
2. Current support @ 7500 (currently testing)
3. Next level of support @ 5500-6000
4. 8-day EMA has been dynamic resistance level the entirety of 2018 (with the exception of a few false breaks)
5. Bullish Pin bar but...
-poor risk reward ratio
-countertrend
6. EFI is negative
7. A counter trend trade RIGHT NOW with a tight stop would...
Pivot point is 8864. Below Pivot point, we will experience a bearish scenario, above a bullish one.
BTCUSD broke the lower side of the purple triangle and dropped to 8400, closing at 9030. It is no more caged inside that violet triangle and it is free to drop further. There are only a few weak support levels and I expect a quick fall to 5511 and then a slower...
After broken the consolidation in 1D, the price formed an ABC Diagonal on 4H chart. We have divergence in MACD, so now I'm waiting for drop, with the target at the top of ABC.
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Después de romper la consolidación en 1D, a formado en el gráfico de 4H un ABC Diagonal. Tenemos también divergencia en MACD, así que busco una caída, con un primer profit...
Why is that pressure on the price of Bitcoin? What is the reason for the huge drop in the price of Bitcoin? Why is the correction such excessive? Let’s have a look on the two main influencing variables.
Criminal activities in the milieu of Bitcoin.
Governments worldwide seized Bitcoins worth more than 3.8 billion USD . They started to sell this huge quantity...
Price is approaching a major resistance that has already been rejected on the daily chart. The price respected the Fibonacci extension levels and RSI shows that price tends to be overbought at this major area. I would expect a major drop to the major support at 1.36 area. I would suggest then : SL at 1.39600 with a TP at 1.36181
No transaction fees, enabling micro-payments and micro-donations is what made Bitcoin so popular. Bitcoin is an electronic crypto-currency not tied to any financial institution, which enables you to make international transactions outside of the banking system. Some big chain of stores are thinking about accepting Bitcoins on the checkout. These are the main...
Hey guys,
everyone is concerned about Bitcoin being a bubble which is about to burst the entire Cryptomarket.
What we see is a neutral market on its way to decide which path we choose to go and how we deal with that "bubble".
There is one important fact we need to mention before we talk about a "Crash" if Bitcoin drops under the green Nackline of the first...
EURUSD has finally hit the resistance and there's a clear sign of a reversal , it should retest to the Pink Horizontal line
( 1.19512 Key Level) and hopefully drop straight down!
When will ETH rise 2 the moon again? We al think it will rise again! but...
Buy ETH when hit lower support levels & watch for reversal patterns in this beartrend. The support levels are a good indication where the market is going when it follows its current trend.
Follow me @tradingview for more analysis for warns & signals for bears... cuz we all fear them!
Burn scamcoin!!!
Coinbase should be a shame of themselves especially after being on CNBC over and over last week touting
how professional they are and want to be the NASDAQ of cryptos.
My message: In my humble opinioin "THIS WAS UNACCEPTABLE AND DOWNRIGHT CRIMINAL!
In any regulated environment the SEC' would be at the door this morning! They lacked...
Bitcoin is currently finding support @ $17700. Shortly we should see a move up to 20k in the next couple days. Once broken 20k we might see some consolidation to find new support at around $19000ish, once holds the next target will be 25k.
BTC will is creating a Shoulder-Head-shoulder patern.
On mid-long term BTC will follow this trendline in my opinion.
Multiple reasons are listed for bullruns and drops.
Some of these reasons are the listing on the stockexchange (18dec) and the new "weak hands" it will bring allong.
Also worth mentioning is the fact that people are getting a christmas bonus.
Some...
Esto es lo que estoy esperando en AUDJPY; la formación de la onda C, y la caída hasta el -27% de Fibonacci. Colocaré un Sell Limit en el nivel de 38,2%, y un Stop en el 61,8%. Todavía falta por ver esta semana, para dónde se mueve el precio.
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That's what I'm waiting for in AUDJPY; the C wave formation, and the fall until -27% Fibonacci. I'll set a Sell...
After seeing increasing selling power on CHFJPY early November I researched the source and discovered that all major currencies were working something out, similar to one year before. Quite quickly it became clear that a similar series of event would take place in the next 4 to 8 weeks.
The currency pair USDJPY seems to be leading the series of events by...
