We are still going in the rising wedge bitcoinBitcoin is still going in the rising wedge. We had a drop but it is still in the wedge. We have a nother rising wedge normally it go's down. But with bitcoin you never now. We had already rising wedge and everytime it go's up. Maybe between 35387 en 35745. Click on my chart below. Don't forget to push the like bottum. Thanks Longby Terranova1011
BTC approaching 2017's RSI peak, still some room to push higherI've been focusing mostly on the daily chart and the 8-day and the 21-day MAs, but when we take a look at the monthly chart, we're still not at the peak RSI levels we've seen in 2017. At the very least, this suggests we've room to push higher in the short term. I would like to see it cool off a bit, though, but every dip is being bought with strength, suggesting we can still go a lot higher in the short term.Longby carvil_111
btceur same rally like 2017 will end with same crush like 2017If this is similar rally like 2017 with parabolic grow, then it will end with similar parabolic crush with 18 Month Bear Market with prices as low as 10 000 and 5000.Shortby viparmeniaUpdated 9911
btceur top would be if 200% gain happens in less than 40 days.This is not the top. Previous top followed the 250% gain that happen during only 6 weeks. The speed of acceleration is not yet at maximum like it was during the previous rally. There would be a short 2 week -20% pullback soon, around about 38 000 € or c. $45 000. But bigger dip with 40% would be 3 Months later in April. And if real HODLer will hold and survive the -40% they will see biggest 250% gain to prices above 150 000 in May. After that I expect the real long Bear Market for 360 Days like the whole 2018 to prices below 25 000€Longby viparmenia6
Bitcoin go's maybe to 35745 levelTake a Fibonacci retracement from the high to the low you get 35745 line. Maybe bitcoin go's to 3.618 Fibonacci level. Click on my chart below. Don't forget to push the like bottum. Thanks !Longby Terranova1011
We have a nother rising wedgeWe have a nother rising wedge normally it go's down. But with bitcoin you never now. We had already rising wedge and everytime it go's up. Maybe to 35748. Click on my chart below. Don't forget to push the like bottum. ThanksLongby Terranova1011
My prediction was almost perfectly 33000 line.My prediction was almost perfectly 33000 line. Bounces of my trendline 29100 line. Click on my chart below. Don't forget to push the like bottum. Thanksby Terranova1014
Rising wedge normally goes down but in a bull trend it can go upRising wedge goes normally down but in a bull trend it can go up. If it go up I think maybe 33000 line. If it go's down 24500 line. RSI in weekly timeframe is 94 !!!! Very dangerous. When we went to 16600 previous bull run we were at 90 in RSI and then we had the drop !!!!!! Fear & greed index is 91 also dangerous. Click on my chart below. Don't forget to push the like bottum. Thanksby Terranova101222
Moving Average 2020 strategy 18 / 36 Moving Average strategy Could be used to capture momentum price action on a daily candlestick point of view. Rules: When the 18MA is Below de 36MA and cross the 36 line upward (meaning that now the 18MA is above the 36MA) the algo will take a long position. Whenever the opposite happens the algo stop his long position and open a short position until we cross again And repeat same action. We start this algo on the 1 January 2020 Until NOW A total of 9 trades (5 Longs and 4 shorts) 7 wins / 2 loss let’s looks at his performance during the year: 33.80% + 29.22% + 38.70% - 0.56% - 0.21% + 4.22% + 21.21% + 7.60% + 207.71% Total performance since 1 January 2002 = 341.69% Clearly interesting when volatility is high we only see small loss when volatility in the market is low Longby CryptoBroly1
ALgo Trading ON BTC based on RSI RSI / MACD / MARSI and Moving Average could be wisely used in order to make better spread trades. Let’s have an analysis on the indicator RSI. We start an algo focused on RSI on the uptrend of Bitcoin since 28 oct 2020 -> today. Rules: If the RSI drops below 25%, We take a long position. Whenever the RSI is Back to >70% we sell this position. Time per candle is 30 min. The algo took 7 trade let’s look at his performance: 5.62% + 7.14% + 6.03% - 0.55% + 1.17% + 11.17% (the last trade is not done yet since we have not yet reached the 70% on the RSI indicator) Total Performance since 28 oct 2020 = 30.58% Average time before closing trade is 2 days Longby CryptoBroly220
BTC downward trendline being testedBtc is in a clear downtrend for now.. lets see if she breaks itShortby klugookUpdated 3
Investing in BTCBTC has begun his journey to a 6 figure value asset. We must think to ourselves what is our position in this market. Are we traders or are we investors? Because I see a lot of investors behavin like traders and letting themselves be caught in the trader mentality. We are bombed with youtubers and gurus predicting the tops and bottoms, urging us to sell our positions to reenter at a better price or predicting a bottom so deep that never happens and keeping so many people out of this new gold rush. If you want to invest in btc, behave like an investor. Reduce the noise around you, put your position in (by euro cost average or just buying the hole position, that's up to you), relax and always check the price in a high time frame. Get in the train, the journey has began but we are only in the beginning by diogo130
BTC needs to hold 8-day moving average to keep goingAs we're selling off, the first key support is the 8-day moving average. So far, so good. However, if we lose it, we will likely find support at the 21-day moving average. Below that it will be ugly. Until then, a dip-buying opportunity.Longby carvil_113
Invisible bounce on BTC/USD.... the EUR/BTC offers a nice bounceI noticed this difference between the EUR/BTC and USD/BTC chart.. the swing low of 2Jan seems to be held by the EURO chart todayby klugookUpdated 112