BitcoinCash everyone has nearly forgotten the name its been pushed away as its done nothing but go down lately. Today may be the turning point for BCC but we still don’t have anything confirmed. You can see the RSI is showing quite a bit of momentum here this is a good signal but its still not strong enough to confirm the move. We are currently bashing up...
Bitcoin price swing from ~$11,508 on March 5, 2018 to ~$7381.50 on March 18, 2018 has been identified in this analysis as a minor wave B position. This implies a movement upwards for minor wave C. Minor wave B terminating above the starting point of minor wave A indicates a zigzag Elliott wave structure. Retracement of the current upswing from the March 5 low is...
Bitcoin key resistance tests on daytrading algorithmic model on - deck. Chart notes. $BTC #Bitcoin $Crypto #daytrading This is one (example) of the daytrading models our members and myself are using to trade Bitcoin on shorter time frames. It is an "on the fly model" so it is not perfect - a bit rough, but it is one of my favorites for tighter trading...
Bitcoin has been pounded by negative sentiment and FUD due to MtGox and google saying they are banning all Crypto related ads. We have the a rising trendline at 6800 that is a crucial level of support.
BitCoin, is retracing back to its long-term uptrend support line (near USD$3000). Parabolic explosive move up, now ended.
Bitcoin, the world's number 1 cryptocurrency closed at ~$19,210 on Dec. 16, 2018 and has been in a downtrend ever since. Price close on Dec. 16,2018 has been identified as the termination point of Primary wave ((3)) and the current downtrend or correction is Primary wave ((4)). Based on guidelines, it is quite possible for Primary wave ((4)) of Bitcoin to...
Bitcoin looks like it's going short right now. Currently inside of an inverse flag aka Bear Flag. Likely to test the $8500 level at the upcoming wave 3, and followed by $7850 for wave 5. This is based on the waves following Fibonacci ratios of 1.0 and 1.618. Be careful entering any long positions at the moment. Take profit 1 - $8600 Take profit 2 - $7950 This...
Bitcoin Cash has tested some levels in the lower $1,200 handle. Thankfully, it rejected these and rebounded to $1,275, which appears to be a very strong level. Currently, it corresponds with the central moving average of the KRI. If current prices do not hold, we'll have support from $1,200, as well as Fibonacci levels at $1,144, $965, then the lower bound of...
Bitcoin cash might currently be forming a cup & handle pattern.
Bitcoin Cash has finally relented the $1K handle, and we must now consider levels in the $900 handle. Solid red bars on the day candle are foreboding. We are pressing the lower bound of the KRI and do not seem to be even considering the slightest retracement. We have broken support from $950 at the time of this writing and if we cannot regain this level, there...
Bitcoin is holding support perfectly even with the current Binance hack. I'm still really bullish on the bitcoin.
Bitcoin Cash continues to get hit hard. It has now given up the $1,200 handle entirely. Price action has dipped significantly, and we appear to be making a run for the lower bound of the KRI at $1,059 or so. The upper bound of the KRI will provide resistance at $1,300. If current prices do not hold, we'll have support from Fibonacci levels at $1,144, $965,...
Bitcoin is still in downtrend on logarithmic scale, so we should wait until breakout, which can happen at support 10700 $. It should go to resistance 16500 $ then, but you cn wait until it breaks also resistance at 11650 $ and then buy it.
Bitcoin Cash is also clinging to an extremely narrow range between $1,256 and $1,300. On 30-minute charts, it appears to be forming a bull wedge pattern which could indicate a breakout to the upside, though we have significant resistance from the central moving average of the KRI at the upper bound of the wedge at $1,300. If current prices do not hold, we'll...
Bitcoin Sunday Update Key Lines and Levels Today Overnight Bitcoin has made a minor double top at 11530-11500 with a rejection spike into the secondary high showing loss of upside momentum and the first sign that this rally is showing of running out of steam here. In the process it has lost the support of the lower big rising parallel and is now making a...
Bitcoins bulls have been unstoppabull recently and witht he current price around 11430 it only has to reach 11600 to be firmly above the neckline. If it can close above on the 4hr and then close another followup 4 hour candle above that, odds are very good at that point that we have a valid inverted head and shoulders on our hands....those who have been following...
Bitcoin Cash is also clinging to an extremely narrow range between $1,256 and $1,300. If current prices do not hold, we'll have support from $1,200, as well as Fibonacci levels at $1,144, $965, then the lower bound of the KRI at $1,075. If momentum reignites, we must break through the central moving average of the KRI currently at about $$1,300, the upper bound...