I believe we bottomed because of many confluences and indicators especially daily divergence and hash ribbons buy signal. I'm expecting bitcoin to retrace at around 19.5k level because it left a daily gap and it has to be filled before we start rallying :D
BTC is showing signs of strength. It's broken out of its months long descending triangle pattern. Look for it to range sideways and up in the coming months, with 28K being a major resistance level and 25K up on deck before that as another resistance level.
The Bitcoin volatility index is near an all-time low level that is around October 2018 low. I have already compared these charts (see below). The fact is that after such a decrease in volatility, there is always a big move. The question of up or down is the eternal question of most people in the market. Locally, I think there will first be an upward movement with...
currently im seeing 15m distribution on BTC.. my short trigger is on the chart
🟢 Crypto Currency 🟢 BTCUSDT 🟢 BTC HITS Take Profit then pulls back 🟢 Pefect Entry & Exit🟢 Seeking Pips latest CRYPTO chart analysis on BITCOINS price action. After a successful end to a short term trade setup that we shared recently, our main trade idea remains in place and which is that key resistance labled on this chart has to be broken at 20455 before we...
Preferably suitable for scalping and accurate as long as you enter carefully the price behavior with the drawn areas. With your likes and comments, you give me enough energy to provide the best analysis on an ongoing basis. And if you needed any analysis that was not on the page, you can ask me with a comment or a personal message.. Enjoy Trading... ;)
Dang, that's a lot of longs underwater. A lot of buying in this range. I feel a mass liquidation coming on soon. Correlation between BTC Longs and BTC:USD.
My first experience on Crypto. The shorts are confirmed INTRADAY
Bitcoin hits target within 20 hours less than $30 price drawdown The trade thesis was based on a $130 Stop loss however drawdown was only $30 from entry meaning less that 1/4 of original stop placement. This just goes to show our followers that you DO NOT need the absolute low of any market to be a BUYER and create a very LOW RISK high REWARD trade. You DO NOT...
#btc #bitcoin #btcusd Since posting this chart some hours ago we had a few DMs asking would we take a buy short term trade here here on Bitcoin. Well as we mentioned earlier we wouldn't be interested until BTC was above our key level above 20k. Anyhow with a gun to our head as a very short term idea with risk managed one could enter at market looking for 4:1...
Volatility on bitcoin is still very low, so there is no real interest in the crypto space which is normal in a risk-off environment. Keep in mind that everything is linked to FED policy, which is in a hawkish cycle right now, so higher yields, mean higher costs, thus its less free cash to be invested into the cryptos, stocks, etc. However, this hawkish cycle may...
Or do they? Hope they do. If these lines break up, we will hit 24-44 if they break down im expecting a steep drop to 6 and a quick rebound to 10 and start cycle over again.
Bitcoin still chopping up traders. Those still holding the bag and others who are still trying to pick the bottom of the BTC bear cycle. No doubt many traders are trying to accumulate more Bitcoins at these levels, however we don't feel like BTCUSD has finished clearing up some of that liquidity at recent and even older LOWS. This chart shares our current key...
Preferably suitable for scalping and accurate as long as you enter carefully the price behavior with the drawn areas. With your likes and comments, you give me enough energy to provide the best analysis on an ongoing basis. And if you needed any analysis that was not on the page, you can ask me with a comment or a personal message.. Enjoy Trading... ;)