Bitcoin / U.S. Dollar BTCUSD

Hi friends! Welcome to this update analysis on Bitcoin! Looking at the daily chart, we can see that BTC remains under pressure, after the January 8th rejection at the 50 EMA (in orange.) The 50 EMA has been extremely resistive throughout the bear market, and the recent failure to rally above it has shown traders that the 50 is still a ceiling for the market. Since ...

After creating maximum confusion the past days, the market eventually completed the ABC correction. So before getting bullish, it's important to remain objective at this point. I said in bullish and bearish version, this ABC' up was likely to happen, so in other words, it is still bullish AND bearish at this point. We could simply just drop again from these ...

Hey-Hey! The area between the $3,500 and $3,700 looks like almost the same as it was the area between $6,000-$6,500, a lot of fake movements up/down and Bart moves here and there. As it was then and as it is now, my recommendation is still - stay away from the market(!) but still, let's try guessing some possible moves and some possible movement confirmations ...

BTCUSD is approaching our first support at 3494 (100%, 61.8% Fibonacci extension, 78.6% Fibonacci retracement) where a strong bounce might occur above this level pushing price up to our major resistance at 3823 (horizontal overlap resistance, 50% Fibonacci retracement). Stochastic (89,5,3) is also approaching support where we might see a corresponding bounce in ...

Pattern: Kiss of Death on 1M. Signal: Bearish. Target: 2300. This is a typical bearish pattern. The price falls below the 21EMA and revisits the line from below, "kissing" it and getting rejected. In 2014/2015 it bottomed after a -61.27% fall. The same degree puts the bearish target/ bottom at 2300. The duration of the 2014/2015 pattern until the time it broke ...

Disclaimer: If you are primarily interested in copying other people’s trades then this is not for you. However, if you are willing to put in the work that it takes to learn how to trade for yourself then you have found the right place! Nevertheless please be advised that you can give 10 people a profitable trading strategy and only 1-2 of them will be able to ...

ETH/USD and BTC/USD are currently inside similar channels on the 1 day chart, almost freefalling down the channel at times. The edges of the channel have been prime shorting zones for approximately the past 6 months, the Fibonacci lines been good to take profits & reset the trade. Ethereum could be back at the 10% of Bitcoin mark in this case. If these parallel ...

The Inverse Head & Shoulders believers have bene proven wrong. Now they are double-bottom believers. ... I'm still bearish on this market :)

This Your Trading Plan after $3500 Use 10% and wait for Btc at $3250/$3000 TP: $3500 $3850 $Hold $Hold Sl; $2900 Be sure you follow risk Management due to if bears breakdown these levels and Btc close below $3000 weekly This means (SMA 200) broken and The consequences will be so bad for the market and if this happened, this your second part of your trading ...

Anybody who is expecting price to go sub 3k anytime soon is misinformed. A lot of people are shorting and they make get left in the dust. Falling into the same traps this manipulated market shows over and over again.

Now is the time for long guys. Buy now. Thanks me later :d Follow me for more chartt!

SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY Bitcoin is crashing and continues on doing the same !! BITFINEX:BTCUSD is down by more than 82% this year!!. We are looking for another significant drop to the @2000 level, thats another 45% wow! From my experience stay on the sidelines or short sell!! Follow your Trading plan, remained disciplined and keep ...

Same price action than 2014, Indicators look pretty much the same, RSI shows bull div on daily, Macd histogram shows that the bear momentum is over. Next targets $4724 and $5200 which is the 21 weekly moving average and this will be my max target for this move, after that it will make new lows, bottom around $1750 and $1330

Scenario 1: btc will bottom at $2500/2600, 28 january 2019 Scenario 2: btc already bottomed at $3100

What's coin on guys? Here is an update to my previous fractal analysis. I think I see same behavior in this sideways movement as I saw in previous marked with blue circles. If I'm right this time as well, BTC may found short term bottom soon, somewhere in yellow circle area. But be carefull, this drop may be only a fractal of a big drop that is coming. One could ...

Maybe i'm wrong, let's see where it goes.

Good day Traders The H&S is still playing out from my previous post with a stunted 38.2 fib retracement to print the right shoulder, although I still expect another wave up to complete it. The downward sloping flag from my previous post seems to have turned into a right-angled broadening wedge as we found support at the same level as 13 Jan. Yesterday's drop ...

This is the long term logarithmic chart of BTCUSD providing a complete outlook of the halvings, reward phases and market cycles. All those parameters are much needed in anticipating and most of all timing the price action within the parabolic pattern. Bitcoin cannot of course keep growing exponentially. The log ensures that its growth is decelerating on the long ...