Given that Bitcoin has been declining over the last 4-5 weeks, there are two good support areas S1:40000-42000 S2:29000-31000 Price differences in exchange offices cause price tolerance Depending on the circumstances, one of the three scenarios is possible
I'm completely a beginner and this is my very first analysis, would like to receive your feedback in order to learn more and better. So feel free to lend some feedback. What are your thoughts about BTC, your entry and exit? Wish every Traders a profit day.
I'm Expecting XBT to breakthrough the neeck of the inverse head and shoulder so that i'll place a buy trade, Once it breaks through i'll hold the trade for about 4/5-6 hours until i see another trend coming up and then i take profits. It's basically a day trade. Enjoy!
Zhu Su sent me a message in a bottle, he said it's over. Send it to the moon.
the past the present and the future occur simultaneously,
Testing/tracking elliot wave theory. Please do not trade off idea without S/L. Not financial advice. It looks like we're neutral and people are scared to long, but from what I see, we're near the bottom. If the count is right it's only a matter of time before more people long. We already hit the .382 fib and a small possibility to go down to the .238. About 75%...
Testing/tracking elliot wave theory. Please do not trade off idea without S/L. Not financial advice.
BTC is losing 50k support, making lower highs, bearish volume , ALTs are dormant but BTC dominance is holding 40% support for now. S&P500 strong but also DXY strong = mixing signals. As per chart, 2 possible scenarios are coming: 1. green line - retest of demand zone for BTC 37k-42k or just more swinging time while ALTs drop and Dominance climbs - and then a...
You can call this my BTC Christmas tree, but you will be disappointed when the surge comes next year. Can you see the descending (bull) wedge? Can you see the snow flakes where many historical trendlines intersect? I suggest these "snow flake" patterns will be huge support and resistance areas...BTC moving above them will support BTC price action for a bullish...
hello traders, Bullish butterfly patterns spotted on lower time frames,... target 53K and 55.5k SL=tight, might reenter if hit lets see de
I think Bitcoin is moving toward 46-45k and Ethereum will touch 3900-4000 soon! Flag Pattern:(Investopedia) A flag pattern, in technical analysis, is a price chart characterized by a sharp countertrend (the flag) succeeding a short-lived trend (the flag pole). Flag patterns are accompanied by representative volume indicators as well as price action. Flag...
I think it will happen Because the price has gone below the price equilibrium line (blue line).
If this is the beginning of a larger impulse wave; expect a 1-5 impulse into the overhead resistance then a higher low (wave two) to confirm a bottom. Prices and times of this wave as outlined are purely conjecture to show a road map.
my idea For the next few weeks stoploss : close daily candle under 40000
Rinse, Recycle, Repeat 2018 Christmas run. My analyze on BTC/USDT into Holidays before its major run. **New era of BTC**
ma 200 plays a very important role If Bitcoin can hold its own at the top of this move in time And even if it builds a new floor at lower times but does not fall below the 39600 range In fact, we can hope for a higher floor and ceiling structure But if it stays above 200 in the time frame, there is a lot of hope that the bears will lose. otherwise The scenario I...
bitcoin Got rejected from 50EMA in the past 3 tries! It seems BTC may move toward 52500 soon! You can see the most important support (green lines) and resistance (red lines) to watch in the coming days in these charts! Best, Moshkelgosha DISCLAIMER I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA, an accountant,...