gonna take this trade if the price hold 0.38 fibonnacci level, this level is important to continue the bullish pullback
Breaking out of consolidation, BTC broke out to take some short stoplosses yesterday. The current move looks like continuation is in play. Possible touch in the outlined green zone in the chart which would trigger buy setup.
must be carefull after closing on the neck-line for the bearish butterfly
Bitcoin had a massive dump today. It looks like the bottom should be around 8k to 7k. In the meantime, it will probably consolidate above 8k. There is a chance for it to move higher from the current price. Personally I have placed bids from 8k to 7.1k and have gotten filled for just one order which really made my day. I believe a great place to enter long is...
With Bitcoin ranging in a BULLISH consolidation nearly the whole summer, we are at the apex of this bull flag. The recent shakeouts to ~$9,588 (yesterday) and lower $9k's are nothing more than opportunity to buy and add to longs. Stressing short term movements are signs of weak conviction. Position yourself for the greatest swing in price of 2019. Getting caught...
let me know your thoughts. its going to be a big move either way. if interest rates are lowered tomorrow i believe we rally upward.. otherwise i think we will see some sort of downward action. total formation is not broken until we break 9800 or 9400 area to be safe. or safu lol.. as far as the upside goes I don't believe we are in the clear until we break the...
This is my first published TA. In my opinion these are the simplest signals to look for if you're wondering about going long. I would not underestimate triangle patters as they can be very useful, on the other hand, as it says in the book "trend is your friend" and the "LONG" market sentiment can help the price break through the resistance of an otherwise...
From last few days, Bitcoin is trading between 10,000$-10,400$ zone. This happening could be considered as a no-trade trade zone where market is quite choppy However, the boost in USD yesterday can show us impact today in crypto Wait for the breakout, although there are max chances that it will break in upwards direction
*Not financial advice, nor a recommendation to buy or sell. Only an idea.* All in the chart. Make sure to zoom in to see just how similar these patterns are!
If we enter this demand zone, we'll definitely bounce back , Why?, Why? and Why?! The reason is Because.... ... .. Hey Hey Calm down guys, i know that y'all very curious about that, Don't worry buddy i'm understand that maybe one of y'all want to buy BITCOIN at the price that you'd think this is low price and will make you being rich .. But in my point...
Dominant Direction : Short Reason for open position : - S/R Flip - Strong Support broken - Seems big player has take profit Note : Dominant Direction will be invalid if we break 10401.5 (Stoploss)
Drawing lines looking for patterns. Not advice - A
Welcome back everybody, Market Trend Caller signalling us a downtrend for today and timer shows no potential reversal for neither direction. We have shorts around $10,600 by risking above the trendline drawn. It would be wise for everyone to see which direction we would like to break out. In my opinion, we will see a bullish move for the upside. But,...
BTC may head up to 10950 resistance, which is also confluential with the 1.618 fib extension level. **This chart and information are not investment advice. This chart and information are opinion only and for entertainment/educational purposes only. Please consult a licensed investment advisor before risking any capital as this can create a financial loss**
Super specific on this TA, closing at 10.34k