As you can see we have a nice Ascending triangle forming on many of the charts thanks to our friend BTC. There is a nice golden cross about to form on the MACD Hourly and OBV is looking not to bad. As long as we stay above the yellow trend line I expect a breakout later today. I have an entry set at 1165 and stop loss at 1153, keeping everything nice and...
BINANCE:BTCUSDT IF WE'RE NOT BREAKING THIS LEVEL WE WILL BE HEADING DOWN TOWARDS OUR SUPPORT! I PERSONALLY FEEL IT WILL BREAK THIS LEVEL AND WE WOUlD BE HEADING TOWARDS 8000! CLEAR RSI DIVERGENCE! WATCH OUT THIS LEVEL TO PREVENT LOSSES !
NEO USDT SUPPORT RESISTANCE UPDATED!
On Friday May 18 2018, Tether printed another 250 million tokens, bringing the total supply to about 2.5 billion USDT. The last print was for 300 million tokens on March 20 2018. And the previous before that was for 100 million USDT on January 23 2018. It is no secret how Tether and Bitfinex are intertwined, as a simple search will reveal those involved with...
300m Tether printed, ready to accumulate in buy zone
For a day, Bitcoin lost more than 7% in price and traded at $ 8200. But so far nothing critical has happened, we walk along the corridor and now stand at the lower border. This is a strong support zone, the penetration of which will open the way for us $ 7800. If the 7800 level does not hold, this tells us about the possibility of starting a new bearish trend with...
- Structure: Downtrend/ H1 -The price moves below trendline. --> Sell
BTC after gradually moving up and testing the 10k level has had a pretty decent pullback and has found the long term overall up trend line and bounced. After retracing to between the 38.2 and 50% fibs it has now dropped quite sharply again. I am hoping that it will create a higher low here and move back up to retest that short term down trend line and the next...
the possibility could be counted on two secnario 1. BTC creating a H&S with reaching price around 9.8k$, then it could retrace back to 7200 (fib - 786) 2. BTC completing wave B around 8965, and retracing back to 7800 (fib - 618)
For last 12 days, Bitcoin has been moving in a triangle. I think chances of having a bull run to at least recent high (9750) are higher than a drop. When we study volume, clearly sell volume is fading. This is especially obvious in 1 hour time frame. I suspect soon bears will run out of steam. Resistance levels : 9754 10235 10961 (major resistance) 11718 (major...
Current correction in eth is giving us a good trading opportunity. Based on recent activity in volume of eth, I think we will see a bull run after current correction finishes.
Bitcoin has been holding strong even after the small downward move we have seen in the past 8 hours.The 200 MA is acting as resistance at the moment. A move lower to the support levels of the smaller time frame moving averages will be a good sign to accumulate and from those levels pries will move higher to test the 10k resistance once again. The RSI also...
i am going into tether shortly
Flat now..., see you next signal, at this time, no clear vision. Bye!
Basic idea for the formula: when it's bullish, best to hold USD or Bitcoin. When it's bearish, best to hold the altcoin (in this case: Binance Coin). The chart looks fairly bearish, Stoch RSI is plummeting, and really the only fibonacci level in the way: all-time highs. Should be good news for BNB holders.
Instead of manipulated BTC chart I take look of USDT/BTC chart which is exact reverse of it. Both MACD and RSI shows hidden bullish divergence and stochRSI makes a double bottom as you can see on 1D chart. I am bullish ... on USDT. Target and timeline will be incorrect, this is just a food for tought. Don't forget to take some profits, since it's altseason...
BTCUSD has broken through key support level of $9,000 and consolidation zone. This signals a reversal in momentum in the short term and can expect further downside. After recovering from multi-month lows, we can assume for now this pull back is a result of profit taking. The question now is: "How far will Bitcoin pullback?" The next consolidation zone is near...
QTUM FORMING CUP AND HANDLE