If you've been following Alan Masters ( @alanmasters ) lately, you are aware that we have been right 100% of the time for our Bitcoin (BTCUSD / XBTUSD) charts/trade ideas for the past few months... Today is no exception, Bitcoin (BTCUSD) just broke up. Our targets remain the same, the analysis remains the same... Our vision remains the same... (Bitcoin is the...
Fail to break resistance. trendlines 3 touch going to break on 4th.
Bitcoin loves keep going up with flags we all know that. We have a big flag on 1w time frame. Also flag's target is fibonacci 1 level. Is this a coincidence? We have never seen much volume like we have last 15 weeks. She took power from ema10. I hope she never close a candle under ema10 nor this mean trend change. Something very big is coming i think. But when?...
I believe (and my algo does too!) that we are about to breakout this ascending triangle and start a new uptrend.
The breakdown of 10500 was a clear sign that price will drop more .. price didn't bounce at all .. but as a holder who has early entries, is it the right time to get out now?! did we just lost the uptrend? I asked my self a question: Is n't there a trend manipulation? our aim to focus on the trend and not get lost due to market manipulation! .....
XBT/USD is currently forming a symmetrical triangle follow the drop from $11,500. Price tapped the .886 fib at 9500 or so and has climbed back up, but BTC now finds itself within this symmetrical triangle formation; and symmetrical triangles generally follow the previous trend, which is down in this case. BTC is also below all of my key 4 hour moving averages....
A better view of my latest analysis, with more details on the charts. Feel free to comment on this.
Looking back to prior bull runs, we see that the 21 Weekly EMA has been tested a handful of times to confirm support. During this current bull run, it hasn't been tested yet. Testing the 21 Weekly EMA is pretty common to see in traditional markets as well. I wouldn't be surprised to see a pull back to high $8k's to lower $9k's to confirm support. Current price...
Ucgenin kirilim yonune gore islem. Hedefler grafikte. Wait for triangle break. Targets are on the chart.
4H Long Position adjust stop. -- Join the Scalping XBT Charts Public Telegram -- -- Únete al Telegram Público de Scalping XBT Charts -- t.me Contacts in: @gustavcaves
Possible 9.8K
I am expecting a wick to Kijunsen on 4h timeframe
As the opening day of the Barkt Exchange is announced, the BTC may rise even more. So I think there's a greater chance that the Altcoins will be destroyed. Altcoin may be able to move up in tandem with the BTC's rebound, but it is expected to fall as trading volume declines. The possibility is that the BTC will stabilize and lead to Altcoin's field as the...