Bitcoin is moving towards its new price floor after breaking its demand zones. It seems that this time the $ 30,000 zone will not create a good demand. Please write your comments. BINANCE:BTCUSDT COINBASE:BTCUSD
Bitcoin - Intraday - We look to Sell at 47239 (stop at 47741) Daily signals are bearish. Rallies continue to attract sellers. Short term bias is bearish. We look for a temporary move higher. 50 4hour EMA is at 47250. Preferred trade is to sell into rallies. Our profit targets will be 45809 and 45109 Resistance: 46500 / 47000 / 47500 Support: 46000 /...
Bitcoin - Intraday - We look to Sell at 47448 (stop at 47911) Daily signals are bearish. Rallies continue to attract sellers. 50 4hour EMA is at 47520. Bespoke resistance is located at 47500. Preferred trade is to sell into rallies. Our profit targets will be 46148 and 45348 Resistance: 47500 / 48000 / 48600 Support: 46800 / 46300 / 45700
Bitcoin will reach $49000 following my analysis 85% chance that it will hit $49000
Bitcoin - Intraday - We look to Buy at 49707 (stop at 48666) Trend line support is located at 49700. Previous resistance at 49800 now becomes support. We look for a temporary move lower. We look to buy dips. Our profit targets will be 52588 and 53488 Resistance: 51600 / 53000 / 54000 Support: 50500 / 49800 / 49200
Bitcoin is in correction as you can see, I expect to see the end of this correction soon. 57500$ and 54000$ are two important points which you should care about them. There is a possibility to move down more up to 54000$ yet, But going above 57500$ resistance and breakout of downtrend line is possible too. There are two scenarios in short term for BTC , The...
Bitcoin may dump to 52000$ for the short term. be carefull do your own anlysis of the chart as well.
Bitcoin - Intraday - We look to Sell a break of 53788 (stop at 54904) Prices have reacted from 57855. A Doji style candle has been posted from the high. Although the bulls are in control, the stalling positive momentum indicates a possible turnaround is possible. 50 4hour EMA is at 54200. A break of bespoke support at 54000, and the move lower is already...
Bitcoin - Intraday - We look to Sell at 64798 (stop at 66006) Price action continues to trade around the all-time highs. Weekly pivot is at 64900. We are trading at overbought extremes. Early optimism is likely to lead to gains although extended attempts higher are expected to fail. Preferred trade is to sell into rallies. Our profit targets will be 61505...
Bitcoin has printed a bullish pattern with just two or three resistances in front of it, indicating that a rise is likely in the following 10 days. I predict the price will stop around 60k and drop to 56k before rising to 62k and retracing to 58k, where it will be free to surpass the previous all-time high. In the meanwhile, altcoins will have an opportunity to...
Bitcoin's weekly candle closed recently with this details: Open price : 43,172$ Close price : 48,233$ High : 49,300$ Low : 40,750$ From the point of view of Candle sticks pattern this candle is a strong Engulf candle which can be a bullish sign that correction phase is over and Trend is reversing. Personally I bought Altcoins when BTC was around 41,000$ and I...
BITCOIN LOSING STRENGTH OR RALLYING FOR A INSANE BULL RUN?!?! BINANCE:BTCUSDT Bitcoin has had an extraordinary pump, But with every pump comes either a correction or a dump. Like analysed in my previous analysis of this Pump ( ), Bitcoin is still not clear yet. Although Bitcoin is showing signs of a bull run because of this crazy pump and all the retail...
Bitcoin - Intraday - We look to Buy at 47544 (stop at 46978) ň Daily signals are bullish. Bespoke support is located at 47500. We look to buy dips. Our outlook is bullish. Our profit targets will be 49188 and 49688 Resistance: 48500 / 49000 / 49500 Support: 48000 / 47500 / 46800
Bitcoin has not yet been able to break the $ 51,000 resistance with a strong candlestick and is operating in the presence of this weak resistance. If Bitcoin reacts negatively to this resistance, we will have to wait for the $ 46,000 Bitcoin.
Bitcoin - Intraday - We look to Buy a break of 48222 (stop at 47678) Daily signals are bullish. Pivot resistance is at 48190. A break of 48190 is needed to confirm follow through bullish momentum. Bespoke resistance is located at 48200. Our outlook is bullish. Our profit targets will be 49818 and 50418 Resistance: 48200 / 49400 / 50000 Support: 46800 /...
Bitcoin neared the highs of my previous zoning so I decided to take another look at possible entries for both longs and shorts. The picture should be fairly self-explanatory; the white zone is where we currently rest and we wouldn't enter here because we want to try to catch momentum, the red zone is where we can start to place sell orders, and the green zone is...
Bitcoin - Intraday - We look to Sell at 46596 (stop at 47404) Pivot resistance is at 46787. Short term bias has turned negative. The trend of lower highs is located at 46500. We look for a temporary move higher. Preferred trade is to sell into rallies. Our profit targets will be 44222 and 43622 Resistance: 45500 / 46500 / 47800 Support: 44500 / 43800 / 43000
Bitcoin has HODLed and the price is about to test the resistance at 46450. After that it's a 70% rise to next resistance at 50k GREAT NEWS: Wells Fargo, JPMorgan launch bitcoin funds Another pair of big banks are broadening their cryptocurrency interests. Wells Fargo and JPMorgan have both registered a bitcoin fund with the Securities and Exchange...