Bitcoin 3k y 2k proximante...canal bajista identificado.. espero caidas acumular y poder comprar abajo. to the moon...Longby jaigar112
SCAM WICKS TO SQUEEZE SHORTS - PROOF WE ARE ON THE RIGHT SIDELook on bitfinex on the Eur. The price already hit the 100 hourly MA. Volumes were also huge. On bitmex the max price of BTCUSD was 7028, while on Kucoin it never rose above 7000 (the max was 6995). I do not want to do any endorsement for good and bad exchanges, but just look at the levels. Remember that exchanges have full visibility of your stop losses, so always be conservative with leverage and levels! This is the proof that the direction is down, and these levels are great to open the short, if not opened yetShortby edutradinguruUpdated 4
BTC / EURO Short Position, based on Trendline on 4H and 1HShort opportunity taken on BTC / EUR based on Downtrend Line acting as resistance (lower lows). Idea seemingly confirmed on the LTF. Trendline is far from perfect and R is not optimal, I would not advise taking this trade. This is just a idea traded while playing with a small account with leftover Euros. If 6,552 is taken trend line is invalidated and should act as support moving forwards.BShortby CharlieTrout3
BTC approaching resistance and showing bearish divergence!Hi there cryptofriends! Today I will share my ideas for BTC with you all. We have all seen BTC making strong moves up last week. There are a few reasons why I am short at this level: 1) Price approaching Monthly TL as resistance 2) Weekly chart shows us this price level has been tested a lot of times since October 2017. This also means that if we are able to flip this level, we will most probably turn bullish! 3) Fib 50 lines up perfectly with the Monthly resistance 4) Previous fib hitting 78 now, lining up with the fib 50 from the picture above here. Pullback and then continuation? 5) Bearish Divergence on the 4H chart All these things combined give me a bearish mindset for now. I'm overall bullish for BTC, but I don't think we are in that time yet. Feel free to share your thoughts on BTC and my idea! Happy trading!Shortby crypto_epuntoUpdated 336
CounterTrending in B wave for BitcoinMarch saw a massive bitcoin trough with a surge in volume, just like C wave's frantic markets enjoy them. That's 'dong'ed the end of past year's bearish market. So let's try anticipate what this new upmove is all about. Casting our thoughts one degree up, the two scenarii are: - One B wave up, subdividing into a corrective a-b-c, as drawn here cause that's our favourite scenario;-) - Resumption of a much larger degree uptrend, one which would be as large as Bitcoin's inception till June 2019. Also one which could save McAfee's balls haha! Unfortunately we don't have much to feed on for now. Yet we have had a bullish five-waves' up pattern which ended last week. From its retracement we could risk a guess at future price moves' personality. So here it is bluntly: - Shallow retracement (24% or 38%, in the range 5400€-5900€) and we would bet on a zigzag up to 10500€-11500€ - Deep retracement (50% or 62%, in the range 4600€-5000€) and we would favour a larger impulse, with very little to no overlapping in the uptrend, but with so many subdivisions that bitcoin could feel stagnant for a looooong while, and confusing yet still progressing upward, until volume shoots up with the price. Footnote: volume is thick, it's been so for a month now. At the very least, we're at a trend shift. If bigger, these volumes are early buyers, and investors should follow suit with the price moves that come with these guys.Longby djahma6
BTC TARGETS - CONFLUENCE SIGNALS A 6150 LEVELHello guys, happy Easter! Today I am using the BTC EUR chart for two reasons: 1- it shows less drawings that the USD one so it is easier for you to understand. Also, we will not focus so much on absolute values, just the final target that can easily be converted in USD. 2- it highlights a little difference compared to the USD one (explained at the end). The long/short ratio is at 0.5, meaning that for every position long there are two opened short. Everybody is expecting a retracement. This is absolutely normal and as I said, it does not mean it is a bad sign. On the contrary, the movement from 6800 to 7300 usd was good for BTC as it reduced the probabilities of a stagnation in the following months. Said that, a retracement is very needed, as btc was growing too fast. Look at the two blue trendlines, how steep they are: that uptrend was unsustainable and as soon as they were broken, the price went down in a controlled way (always within the fibo retracement area). I think that the lower line of the two channels can be a good alternative and sustainable trendline for btc in the near future. Now we are a little slow in going down cause 6.1-6.2 (in eur, 6.8-6.9 in usd) was a very strong resistance to break in the past two weeks, and so is now as a support. We are also located at the edge of the fibo retracement for the last leg, and in a confluence of lines: the upper boundary of a longer term descending channel and the two halfway lines of the two medium term channels. And last but not least, this is a long weekend so activity is smooth. Also, even if not visible here, from the 4th of April a H&S is formed, that exactly has its target (I drawed it for you, it is the vertical blue line)at the confluence of the two channels' lower line, and it is also within the fibo retracement area. target is 5.5k-5.6k in eur, 6.1k-6.2k in usd. RSI has much roomto go down still, and MACD is turning red. Which other confirmation do you need? This is a great opportunity to short with distant target and tight SL, RR is big. A very interesting thing to note is that, contrarily to the USD chart were many were expecting a firther increase, the one in EUR shows that BTC already reached the level before the big crash in March, and used it as a resistance now. Let me know what you think or if you see something different from the graph!Shortby edutradinguru9
Is this a good buy-in oppertunity?Hello there beautiful person! Hope you all are ready for a great Easter holiday, maybe a good time to enjoy life and try to forget a little bit of what happening around us; but still remaining safe. This post will be a lot shorter than previous. Changes from previous post: Added new symbols to make the chart easier to read Added support line at 6460 Added resistant line at 6826 Overall Market Reaction So there seem to be quite a jump or pump in the market, a S&P 500 alone had 10% increase from 03. April to 07.April. Other stocks like: Tesla, Google, Amazon, Beyond Meat, Facebook, Vedenta, Apple, Disney and 3M are all up, and a fair amount of up as well. Gold have had an increase as well but slowed down. It seems that this is the effect of all the printing of money and stimulus into market and companies, and I am afraid it is purely synthetic pump and it will not hold for long term. In my previous post I mentioned a second wave, and I still believe that is in the horizon. However, we are seeing a temporary pump now up to that second wave, so be cautious. Momentum of BTC I have looked at the chart with daily and 4 hourly mainly and switched between: Heikin Ashi, Candles and Renko. I have switched between these three to see if the indicators show the same or a different story. Most of my indicators are showing that this momentum is good, with exception of DMI that is not yet above the 20 threshold. The 100 MA daily crossed the 200 MA daily on the upside, which is a good sign. The triangle I drew a long time ago still holds and it is good to see that the price is moving again within this triangle. Conclusion I believe that what we are seeing now is the result of money flow into market and it is synthetic and will not hold in longer term. However, it is a good trading window for those of us that want to do active trading. For this momentum to continue or hold, it is important that the resistant line 6826 is broken and becomes new support line, or that the 6460 support line holds with trading between those two resistant and support line mentioned. Personally I am not betting that the price will hold and increase in short term (at least a month), and in best case scenario will re-test the upper triangle resistant line which now lies around 8700. So I am buying now some BTC and Ether, and will be placing my sell orders at around 8000. My stop-limit will be 6000. Whatever happens, take deep breaths and dont do anything rash and stick to your strategy. Stay safe and have a great holiday! by egilagre226
Bitcoin Breakout - Resistance brokenBull-flag breakout. Bitcoin broke through a resistance level this morning and created a nice bull-flag pattern It broke the flag once, but with no volume and declined briefly. Entry with volume at top of flag pole €6,537 SL below flag with target at €6,8 Longby UnknownUnicorn1444395117
Bearish divergence - shortBearish div on 4h and 15 min charts. ATR low, high RSI levels = short.Shortby crypto_poet5
Wyckoff RangeVeo muchos análisis que posicionan un rango distributivo. A mi ver, se trata de lo contrario. Longby CryptoWyckoff112
Descending Broadening Wedge In BTC/EURBullish - The breakout direction is upward 72% of the time For upward breakouts, use the highest point in the wedge as the target.Longby UnknownUnicorn14443954
Rising Wedge forming on the BTC/EUR ChartNeutral for now, but monitoring. If price breaks below the bottom wedge line then this is a short signal. by UnknownUnicorn14443956
BTC Falling Channel - Divergence? BTC/EUR has been in a falling channel for 2 days. Possible Trend reversals. Watch for AO and MACD Longby UnknownUnicorn1444395115
BTCEUR: ThoughtsI just want to share my thoughts. Bitcoin is still in a quite dangerous position (especially now), but as soon as there is proof, that it's seen as an investment comparable to Gold or any other asset which spreads a thought of value, there can't be any limits for it's price, nor any for Cryptocurrency at all. This entire spectrum of new technology and the Blockchain itself provides immeasurable value, since it simplifies and quickens processes in all kinds of fields. I believe in Cryptocurrency and its community, as well as in its potency to overcome any obstruction. Enjoy the journey. by FallenxAngel5
Bitcoin Bull flag breakout in FebYou can see a Bitcoin Bull Flag formation from February 2020. Here at the start of February there was a consolidation creating the flag pattern. On the 5th of Feb there was a breakout of the pattern. Chart created using the 4hr chart for BTC/EUR. BLongby UnknownUnicorn14443954
4h XBT/EURascending wedge in red 4h 200 SMA as resistance 4h RSI and MACD divergence forming possible descending wedge in green (bullish) possibly revisiting the 2018 Q4 ~ 2019 Q1 channelby wurucututuUpdated 4
Flying to heaven: BitcoinHello People, Bitcoin finished a corrective Flat, therefore the upward movement goes on. May the force be with youLongby DarthTrader289
CRYPTO CRASH COMING SOONHow many of you know recently there has been a 50% attack on ETC and attackers take back transactions after made. And technically it is very possible for every other crypto. For example what will happen once bitcoin mining is not profitable anymore? Will those guys just shut down miners and go away ? Once the hashrate drops enough there will big players which can produce blocks faster and reverse a transaction after it is made. There may be cyrptos which are not vulnerable for those type of attacks but majority of current crypto currencies are not and once few of them ( ETC alread experienced) experience those attacks and people won't rush to buy shitcoins anymore. Though you can HODL forever maybe one day bitcoin will be one million dollar ( If Dollar crashes enough :D) Though i am not saying short any coin. Since few player holds most coins. They can pump it easly. Just be aware cyrpto crash is soon.by UnknownUnicorn6324825115