Bitcoin / U.S. Dollar BTCUSD

So it has been a while again since i have written a big story here. Since the breakout we had on Monday to the 6700/6800 Bitcoin has surprisingly been moving sideways again :). Price movement was looking quite strong since that breakout and we could see some profit taking and selling at the 6700/6800 but then the hack news came out and messed things up again for ...

Bitcoin Buy Signal: - Oversold on the RSI (1h, 2h, 4h, etc). - Outside of Bollinger Bands on 4h time frame. - TD Sequential. - There is always a bounce after a strong drop... Enjoy. Namaste.

BTCUSD update: Bearish momentum is still asserting itself and price may be entering the 5956 reversal zone boundary. Often movements like this will have the attention seekers out in full force screaming that 3K is coming. Pay attention to the price action and nothing else. In terms of probability, price is now in an area very attractive for buying, not ...

This is a follow up analysis of my previous Bitcoin analysis (See related ideas below for information regarding this). Price failed to stay above 6720 and closed below this level, therefore giving a bearish sentiment for the time being. Price is currently trading at a horizontal support level between 6430 and 5910, and looks weak. There is multiple bear ...

Being a full time trader, time is a luxury I can afford. Aside from reading books and materials related to my sole occupation, I like to observe the market and come up with patterns or techniques of my own. I have learned to always take a step back every time I get too engrossed with a particular market analysis technique. Never be too dependent on a single ...

Timing is the hardest part, but one thing is almost sure, the crypto market is going to crash. As I already mentioned in my previous forecasts, my method is: 1. extract data from the web that tell what is the general trend and how strong is this trend. 2. fit this trend into the chart with a little bit of TA and volume analysis. 3. use the volume profile tool to ...

Hey Everyone :) I am back in Melbourne and recovered from my epic 33hour New York flight (each way) and week adventure! New York was not my favourite place that I have travelled to, but I did fall in love with Central Park and so many amazing things to see! Especially the Cello and Violin duet of Pachelbel - Canon in D, my favourite classical piece <3 So lets ...

This is a news drive market. The last 3 moves are based off news and nothing happens in the between time. This is a dump in response to Japan telling exchanges they need new game plans against money laundering. I am personally not looking to play an oversold bounce... they are not nearly as profitable as they used to be. Give me 4 hour RSI at 20 with a $6k ...

Good morning! Almost 3-4 days we have seen BTC sideways movements, little exceptions here and there! But if we move sideways it doesn't mean that we don't break or don't see some price action patterns. Yesterday we break one significant support - curve support, this is for us a little bearish confirmation. 4 hours ago we got also another bearish confirmation when ...

Hello guys, I’m back! For these 2 weeks we got several breakouts below important levels and lines, weak attempts to reverse the downtrend. The market reached the previous low at 6500,00 and this movement destroyed the bullish structure which the market built for several months. Bitcoin moves without strong hype if compare it with 2017 year and now we can see how ...

Good morning, traders. Finally, we have a bit of volatility in Bitcoin and the appearance of liquidity engineering. This is the chart I have been working off of for a while now. The volume on this drop has been insignificant compared to the volume on the initial SC drop which is providing support for the theory that this may be the bottom. Remember, bottoms are a ...

Today will be the day that we broke below our major support : $ 6,000. As we could have expected it, there was a lot of liquidity for longs below 6k. Indeed, a lot of stop losses were triggered when we broke 6k and retail traders market sold (by panic) or to play the breakout. This is a typical move that market makers can take advantage of by pushing the price ...

Posibles escenarios en BTC Rebote alcista en el soporte de los 6000, dando un doble suelo además de la divergencia y el rebote en la parte baja del triángulo simétrico, y que os fundamentales ayudarían esta teoría, con BTC no siendo un Valor y ETH tampoco, ademas de que MtGox no podrá hacer más ventas de BTC el escenario es favorable. El segundo es más ...

Understanding Structure is key, where did bullish impulses start, where do we want to buy and where to sell. Be strict, we are in a bearmarket, take good stops and good luck! Trading the white lines for scalps is great!

Global trend is down. Moving in small up trend channel and Triangle. I see pattern - rising low. Waiting for break out resistance line of this triangle till 50% level fibonacci. Stoch (RSI) - oversold

Long to 6400-6500 Short to 6000-5800 Long to 6800-7000 Short to 6400-...

long entry will trigger with price breaches PF, not before ML (yellow) is high probability target so long as price remains in PF based on duration of price in trend channel, PF support/resistance diags should be considered significant

Just a clean and clear picture of the bearish triangle we have on our hands. I know I have showed this before specifically recently but I wanted to throw out a fresh and clear picture of what is happening. Hope all of you are well and if you have any comments please feel free to share them.