Is Bitcoin (XBTUSD) moving back up?
Looking at the chart above, short-term, we can see Bitcoin breaking and staying above each resistance level in the form of EMAs.
We can see prices testing the support level on a long-wick then moving back up while printing higher lows... This can be a short-term bounce for another try at $10,000 - $10,500+
We have a...
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Hello there, this is our view on XBTUSD, enjoy!
While coronavirus keeps spreading, US are on fire due to riots and most countries are adopting isolationism in an apocalyptic perspective (based on GDP forecasts), the market is running on a speculative bubble which completely inverted the trend since March 11th and the following week. The only asset which hasn't...
Enter: 9840-9860 (short)
General rules in my trades (scalping/ intraday trading):
-Exit1 and Exit2 is recommended generally, Exit3 is for risk lovers only.
-If not otherwise specified, I would recommend a stoploss at the price of around 2% change at the unwanted direction. Although, I must say that the stoplosses are very...
Be wary when the news is hyping a volatile asset.
Read this first: This article contains a lot of missing links, but if you're savvy, you can find out where we originally published this article (forgive me, TradingView's House Rules are ruthless)
Bloomberg predicts Bitcoin to $20,000
Mining difficulty drops
Why altcoins still don’t matter
Daily close is kinda OK, we didn't dump further after $1000 crash, but it closed slightly below $9800, so not too bullish for me to enter a scalp long.
For bears, at first glance, it looks like a good place to short. But it doesn't look weak/bad on the HTF. And $9900-$10k range been tested many times, so it can be risky.
I'm flat, watching closely for the Friday...
What a nice touch!
Alright guys, after touching wedge in triangle its time to touch bottom!
Rsi shows a downtrend, macd lose the power and its moving to the cross axis line.
We have these touches, rsi and macd in 1h too
We are in range for now, volume is getting lower, ADX is lower than 30(This indicators said that we are...
#Bitcoin #XBTUSD #1hr
- Here is XBT 1hr. Right now we have to pay attention to whether we will break the orange up trendline above or break the black channel below.
- XBT is being resisted by the orange trendline and at the same time, it is being supported by the bottom of the black channel.
- I think a big movement is going to emerge soon so we need to monitor...
1. Volume has died as we approach the dynamic resistance at ~9850
2. 4H stoch is oversold and prime to reverse
3. 4H stoch has hidden bearish divergence
4. Visible Range indicator shows point of control (lots of liquidity) at ~9520
5. 55 EMA @ 9550 is next obvious support
Hello World again,
I have posted the XBTUSD weekly analysis, that what i am thinking for now about the market. if we look ALT coins for past 2 weeks so all ALT's are showing their strong upward movements except major ALT's and if we look XBTUSD so it is also continuously moving upward side few weeks without any strong correction yet. And now BTCUSD is trading...
Scalped a small long from 9300 midweek and am now short from 9850 area. Invalidated if we cross red line(see chart) and close on HTF and will look to long from there as far as 11700 where I will short again heavily. If the short plays out I will be looking to cut it around a successful retest of 5800 where I will look for long entries - failing this, I won't...