BTCUSDBack to Back Bearish Butterfly patterns is developing in BTCUSD, if trend line support hold then minimum target 3200.
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BTCUSD Heading Down to Test 3 Day Support at the KinjunBTCUSD Heading Down to Test 3 Day Support at the Kinjun
BTCUSD Trading In A Correction; Downside Can Be LimitedBTCUSD may unfold a more slow and choppy movement in the next couple of trading sessions as we see a corrective phase in action. We see red wave A completed with three waves and also wave B. Current weakness can now be red wave C, that can search for a base around the 1854 level.
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BTCUSD signaling further consolidation requiredBTCUSD was holding onto 2700s for a while but breaking below the hammer on the 4 hour chart is signaling further consolidation. MA200 here may provide some support, but outside of a bounce to 2650, looks like lower levels will be tested. Given MA50 on the daily chart is in 2200s, this is where I would look for stronger support.
BTCUSD SELL opportunity is coming SOONBTCUSD started to show weakness in BTC
People have less confidence
even this wave BTC failed to rises above 3200$
meaning that BTC might be hit a big resistance line
now it started to form down trend which never before seen in BTC
What I suggest to do is sell around the point that I recommended
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BTCUSD still not going downBTCUSD make up price highest in the history as 2959$/ BTC
now it is a lot slower move
but it is expected to move either path1 or path2
have a small dip and go up or just very slowly go up
first target is 3000$ 2nd target is 3050$
trade with care
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Thank you
BTCUSD will go up to 3000$ -3200$ and will squeeze down !BTCUSD just break previous high at 27XX$ and now it will go up to around 3000-3200$ range
I think it will be the same pattern Hugh sell will come and the price will go down 300-400$
but I don't know how far up it will go
Lets see together
now I see that BTCUSD is going up
Trade carefully
Enjoy trade
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BTCUSD "Room For Another Leg Down"BTCUSD made a sharp decline yesterday seen as wave (a) from the high that can belong to a larger sell-off structure by three waves.
BTCUSD bitcoin dailyBTCUSD
bitcoin daily chart
EMA cross still bullish, keep buying
Approaching fibo 233
BTCUSD Bearish the next daysBTCUSD on the Montly and Weekly chart is overpriced a little too much. BITCOIN has a lot of potential, but it should traceback to maintain before going up.
The 3 arrows show 3 major resistances where BTCUSD should bounce back off, which is in the 1200-1300 area.
The reason BTC has grown so much these past days is possibly because of the fear factor from the French Elections. A lot of people started investing in BTCEUR since BITCOIN is becoming the new GOLD which offers safety when currencies are at risk.
A side note that in the 4 hour chart there might be a consolidation forming and a breakout could be due this week. It is Monday so markets in EUR and USD are only starting to play out. Since EURO is safe for the moment, people might slowly trace back from BTC to EURO, making BTCEUR and BTCUSD drop a little bit for the coming days.
If BTCUSD reaches 2000 there will be huge hype from the media and cryptocurrency communities, which will make the price move up immensely.
I am amateur trader, so please consider before taking my predictions as highly possible.
BTCUSD approaching local top?BTCUSD % rise from its breach through the 100 day moving average (pink line) over the past few spikes.
We are 10-20% further.. are we overextending?
Short term short
medium to long term bull
BTCUSD 4 hour - selloffBTCUSD is technically still in an UPTREND but currently in a sell off. Look for support at the 50% fib retracement level @ 684.45 and below that at 78.6% fib level @ 649.78. Lots of divergence leading up to the sell off. Momentum is is drifting BEARISH but still BULLISH overall.
