Bitcoin can go up to 10,000$-9600 (gap)
but it is obvious that this is a bullish trend with target 12-14k$
I think bitcoin can make a serious parabolic bullrun at next 2 weeks.
Technically, breakout strategies work better on bull run than retest.
Now we are drawing a triangle, so if you are trading this figure, I would put the stop loss below 10750$.
Hello Traders, lets start with how to predict or analyse this market.
So now , we have the small-bullish trend but in the long term we have a triangle where the price consolidation just fluctuates within the 10 034-8 650$ zone.
I'm just waiting for the retest of 10000 or 8600.
Also we have a nonformative bearish divergence.
So the market is simple for now. As...
setup on chart.
reverse pattern is a bullish wedge with target 9800$ on btc.
For my opinion.
support on 8200-8250 zone
resistance on 8500-8550 zone
Its very tight so I will wait for confirmation one of this patterns.
My algo-system shorted btc and wait 7700/8500$. Its a swing trade. In a weekend timeframe we have strong bearish divergence(rsi).
If we will brake 9200-9300$ at 1h chart btc will go to 9600-9700$ if not then we go to test lower high.
Its seems to me that we have small volume today price need some more buyers, so it will be good for this chart for my opinion to test 8600-8700 zone.
no reaction - no power - so kick it down
Hello traders! Lets start what we can do at this market.
In previous idea we bought retest 9200$ and sell 9800/9600 zone.
now we have target 10600$ by my system
Its a quick trade, I think 12th may we will be at 10350-10600$ zone.
the current volatility has not yet made its peak, this is not the last high of bitcoin.
You can buy bitcoin in pullback zone...
Setup On chart. I have some changes in my thoughts for this market.
This triange was make HH at 9391 and now we have a small pull-back . Its nice price to buy btc for my opinion
with good risk reward.
If price will test 9600-9500 zone and retest this zone we go to this prices 9800-10300$ for btc.
Also I think btc will be in downtrend for this...
I think that if the money can break through the $ 8500 zone on BTC, then we will confirm this triangle with a goal of $7800.
In addition, we have a low peak volume, which indicates a declining interest in this price zone. This is a countertrend trade, so I won't take that much risk in this trade. (2-3%)
The price came quite quickly and I decided to update my trading plan for the near future.
Lets try to predict this market!
We made a great profit if we bought btc as I described 20 days ago in my idea.
So we broke our resistance level 8200-8000 and reached 8500$.
This levels will be a first support for long structure and where we can catch a...
Good day , traders!
Lets see how we can predict btc market.
This is my current analysis for this week..
We have strong long pattern bullish triangle confirmed at the 4h chart
Last support zone 7200-6900
rezistance at 8000-8200
If we retested 7200-6900 I would buy more.
Now Im just waiting for interchanges at this market.
I think we have good chance to...
in 1h timeframe we can short with the stop 7566 and take profits below 7000$.
In daily timeframe my algorithms show that there will be an increase to 8,200$
so if you are long term buyer and can wait 10-20days i think its good opportunity to buy at
6800-6500$ and 6200$-6400$ levels with stop losses near 5500$ and take profits 7800/8200$
if we look to smaller...