Break down of symmetrical triangle of bitcoinBreak down of symmetrical triangle. We go down to 0.5 Fibonacci line. We go to 18800 !!!!!!! Don't forget to push the like bottum. Thank you.Shortby Terranova101996
BTC Likely outcome.COINBASE:BTCEUR This is my view on what can we expect with BTC price in this bull cycle. Will see it soon together haha. History tends to repeat itself in this market as it does anywhere else. You should know that i am not a financial advisor so i could still be wrong. Express your idea in the comments below. Wish you successful investment to you all. by CR35Updated 2
20/01/2021 Next movement of BTC Part 3 - ResultsFinally, the pressure from the bears has caused the btc to break below the last low of the symmetric triangle, creating a small collapse of -5.5%. Will the value fall further? Who knows… The 28'5k support has been shown to be very strong. During the last week the support has been holding falls of almost 13%, 8% and 7%. This doesn't mean much, but it does give the bullish confidence that encourages them to keep holding. Looking ahead to January 20 and 21 we will see how it develops, the EMA is indicating a bear market and in my opinion a descending triangle is being created, but we need to see if its construction continues during the next day/s . Thanks and have a good day. =)by Montyshaa0
19/01/2021 Next movement of BTC Part 2the market still doesn’t know where to go… Long? Short? the symmetrical triangle keeps getting narrower. Let's see what happens when the price is forced to hit the resistance of 31’2k€ or the value goes beyond the last minimum of the symmetric triangle Be ready… **this is the continuation of my previous post** by Montyshaa2
19/01/2021 Next movement of BTCHello everybody, It is a pleasure to be part of this community. I want to contribute my analysis. It seems that we are in a moment of uncertainty, the market has not just positioned itself on whether the value is going to increase or depreciate, also we can see it in the EMA. That is why we find a timid uptrend. Yesterday we could see how the support at € 29.5k stoically withstood the strong pressure of the bear market, this has given rise to the confidence of the bulls and to the creation of a symmetrical triangle. The interesting thing comes with this symmetrical triangle that could be the prelude to the final decision of where the value of BTC is going to go. If in a big correction in value or hitting the all-time high like ETH just did today. Everything will depend on where the value breaks if up or down. Depending on how your (reader) finds you, you should be attentive to the following events in order to take advantage of the next move. Thanks for your time, Montyshaa. by MontyshaaUpdated 0
BTC EUR trading strategy 18/01/2021BTC EUR trading strategy 18/01/2021 for short term tradeby proxnavam0
The trend is changingThe trend is changing to bullish. There's a new pattern. Push the like bottum. Thank you.Longby Terranova1014
Bitcoin next days uptrend incoming?First analysis, please feel free to comment and critique my idea for prosperous discussions and maybe I can learn sth. from you. I would suspect Bitcoin to break the current downtrend in the next hours. The current correction following the 33814 high and the 32885 high just hit the lower trend support and the 0.5 to 0.38 Fib retracement where BTC found support. At least bitcoin will test 32100 in the next hours. However, following Fib Time Zone 1 we may see an immediate breakout to newer highs, testing the 33800 resistance and maybe taking it in the next two to three days. After a retest of the 33100 to 38000 support zone, it's possible to see a new all-time high at Fib Time Zones 5, where Fib Time Zone 1 and 2 nearly matches.Longby Ataris0
BTCEUR LONG Retests the 28.8K support, if it holds good entry point imo. target may be a new ATH (top of the arrow). The arrows time frames are probably not entirely correct but it can give and indication. This is how I THINK it could go :)Longby GGAmeysUpdated 1
Either wayHello wonderful person! Just wanted to pop in late this sunday and give my 5 cents. Currently, I really cant see any strong indicating a move to either directions and the overall market seems to be unsure to me. Therefore, my strategy now is to just hold a little bit more to see. Since the BTC might seem to be less volatile now, maybe it is ALT-season soon? Happy trading all, and be safe! by egilagre0
Head & shoulderHead & shoulder we can go to 24689. If the supportline don't hold. We can go to 18611.Shortby Terranova101226
Technical Analysis BTC/EURAfter a correction phase of 20-25% , the market climb up and is dropped down again towards a support level. As you can see we are having a ascending triangle in which the market will possibly breakout from and hits to the barrier of the resistance level of 34300 EUR from the ATH . EMA 200/50: Looking at the EMA of 200/50 it still confirms the upwards trend we are in ⬆️ RSI: We are seeing a decrease of the RSI since 8th of January.( explains the drop in the market ) With currently having a RSI of 57 we still have a more buying power in the market but is not solid enough for a big push. We still seeing a upwards trend, it’s just waiting for the market to breakout and push trough the resistance level and create a new ATH🔥 Please let me know what you think of my technical analysis and feel free to like or share your thoughts🙌🏼👨🏼💻by Nickaaaa2
Bitcoin Price Pprediction ARTThis is my vision for BTC, revealed to me by the flying spagetti monster. Like the old saying goes; Why drink and drive, when you can make price predicton ART. That Flyes! Shortby CryptoenZen113
Technical Analysis BTC/EUR by NvDAfter a correction phase of 20-25% , we now are moving towards the resistance level of 34300 EUR from the ATH . Looking at the EMA of 200/50 it confirms the upwards trend we are in ⬆️ Looking to the RSI the market buying more then it’s selling which gives a good indication along with the other indicators that we are in a upwards trend. Now we know know we are going upwards , it’s just waiting for the market to push trough the resistance level en create a new ATH🔥 Please let me know what you think of my technical analysis and feel free to share your thoughts🙌🏼👨🏼💻by Nickaaaa112
Profit booking form higher level- Long view is still positive Bitcoin has seen selling pressure from recent highs of 34 K followed by strong bull counter attack, It seems initiation of Impulse wave is round the corner if the price moves up and remains above 33700. those with existing position can hold as per their risk reward appetite, looking at volatility a deep stop loss of 22500 can be maintained. Fresh entry can be avoided till resistance is not breached. BLongby yadavvishwajit0
Symmetrical triangle for bitcoinSymmetrical triangle for bitcoin. We shall go to the 34000 line. Don't forget to push the like bottum. Thank you.Longby Terranova101226