Bitcoin / U.S. Dollar

BITSTAMP

BTCUSD

Many people compare the current Descending Triangle with one we had in 2018. The difference is that the 6k to 3k drop was in a downtrend - we are still in an uptrend. Different environment. Let’s take a look at another Descending Triangle, which happened in Summer of 2017 at the peak of a bull run. We are definitely seeing some similarities with the current one....

Bitcoin continues to elude any decisive price action which keeps it contained within a developing higher low formation. Evaluated from a broader context, the higher low and the fact that the 9750 major support is still in play provides a bullish bias. In this article I will focus on how we navigate a consolidating market and why we ignore sell signals. A trend...

Here is my quick review of the market conditions for Bitcoin based on the 4H chart. The market could not develop an upward movement after moving above 10 000.00 resistance and dropped to the main trend line one more time. Also, the market could not break this line too. We saw a bouncing from this line and a strong bullish candle. The price reached 10 000.00...

Hi, This sideways movement has been pretty boring. Over the two weeks period, the Bitcoin price has moved within a tight range. Everyone has drawn their triangles and waiting for a big move. As you know, the triangle has a breakout opportunities to either direction, which should get confirmed after the higher timeframe candle close (4H, Daily) above or below the...

Direction: Long Reasons for open position: - Price several times bounced of support zone - Mid-term trend is long - Price accumulates in Big Triangle - 1rs resistance 11k, 2nd 12-12.3k Guys, if you like the idea please put like button and if you have your own ideas you can share it in comments, I would glad to see it too and I will put likes to them too if they...

Hi, today we are going to talk about BTC and in a Day Trade opportunity. We observe a 30M chart, some important points such as supports and resistances (and levels of strength) to the Day Trade. The details are highlighted above. Thank you for reading and leave your comments if you like. Join the Traders Heaven today, for more exclusive contents! Link...

As always beware of fake-outs. If you had some value from my analysis, give it a thumbs-up & comment it, because the mechanism shows my analysis to other people then. Make also sure to follow me so you get notified on my analyses! I wish you a good trading! :) Edgy is providing online education only. We are not a financial advisor, nor do we hold any formal...

Hello Traders. I have focused primarily on forex as of late as it has become ever more clear that Bitcoin intended to have a period of consolidation. Now, I will preface here by saying BITCOIN THE KING has been my first love in trading. I learned from crypto, and am as close to a perma-bull as one can be in this game, and still be successful. THAT BEING...

From the previous posts we can remember how triangles behave with a horizontal support. Unfortunately, the previous idea went in a lesser priority direction and the price broke through the support, after which it fixes lower. Now those support levels have become resistance levels. The essence of the situation on the current market lies within the behaviour of the...

Bitcoin (BTC) - BTC Weekly Candle CLOSED & BAKKT Launched..!! - BTC Moving Between 9k - 12k Since JULY 2019...(Forming Descending Triangle.) - At the Moment, 20EMA Is a Strong Support (9.4k) - This Week We May Test 9.4k Support (IF BTCUSD Broke the Support (9.4k) Then It Could Fall Badly..) BTC Daily DESCENDING Triangle..!! Forming Bearish Triangle , I...

hey guys welcome to a fresh new Bitcoin XBT update, before moving ahead if you're not familiar with my same old pattern series, than i would highly recommend you to do check it out first, click below to see the last update of this series or check my profile for more, and don't forget to follow and like...

Hi, Traders ! Monfex is on the air ! We are glad to provide you with an updated information on Bitcoin's price action ! Overall, Bitcoin remains within the consolidation phase, wedged in the corrective triangle pattern . Bitcoin Advanced analysis of Daily chart by Monfex reveals the following: * We think that the D leg could have been accomplished and the...

30-EMA in the 4-Day TF currently at $9,685 and 40-EMA in the 4-Day currently at $9,229. This is the price range I mentioned scattering buy orders. I also mentioned if we do not see the price come down even to the 30-EMA ($9,685) by end of day on September 26th, we may need to seriously consider slowly buying back in before legging up without pushing the price up...

Over the last 17 days, 15 of them have seen a lower high compared to the previous day for BTC. With that fact it is pretty impressive we are still holding up within the tightening pattern, but bulls must show up and regain a 4 and 12 hour uptrend if they hope to remain in this pattern through this week. We are slowly fading back down to our recent low, which has...

BTC:USD has shown very little strength after the massive uptrend from 3K to 10K After hitting the top at 13K volume has continuously declined, a very clear sign of the uptrend losing momentum Then a Triple Top formed, a very bearish sign as it means Bitcoin is no longer rallying and bulls can't continue pushing the price up. This coupled with going below the...

Hello Traders Something to look at here. The product of insomnia and boredom =)

Note: I also have a bear count which am more inline. Please check my portfolio. If we're following Elliott Wave theory. ABCDE- Triangle can only be present in Wave 4. And this is a clear ABCDE triangle with corrective waves within its subwaves. We're coming closer to a bull run if it follows this count. I don't suspect it to go sideways anymore. So we're 50/50...

Just wanted to post a long-ish video update on how I'm currently viewing things. I finally started using some Moving Averages. Some of you will probably be very happy about this. Discussed in this video are: Bitcoin, Ethereum, XRP, XLM, Netflix, and Amazon. This is not financial advice in any way. This is just a hobby for me right now. But I really do enjoy...