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Btc-trend

29/04/2020On this chart I have looked at some EMA's and MA's and also the VPVR point of control on the daily for BTC. The lighter blue represents the 30EMA, yellow 21EMA, green 55EMA which we have seemed to all pass. The purple is the 200MA and deep blue 30MA. We have clearly passed and continue to pass the 30MA and are very close to the 200MA. The volume is steady though still low, and the VPVR shows the current PoC would be the $7220 mark or there abouts. The delevoping volume area to the upside looks to be around $9Ks/$10Ks mark, and to the downside around the $6550/$6580-ish mark. After clearing the $7200s on the VPVR and continuing upwards the next target I would look at if this uptrend continues would be within the 8Ks to $8100s, possibly $8600 mark. I still hold a longer term bias to the downside and think this could be a dead cat, or as some say 'the shake out before the break out'. Again, given the Halvening and current economic situation, I think it is an uncertain market to trade, I think personally this uptrend is a dead cat pump before the Halvening and again it is to shake out alot of SL and FOMO buyers/traders who are jumping on the pump, although the TA looks different as the days go by, and different on almost all time frames. I am just posting what I can see using some indicators and my own personal opinion. The next 2 months are going to be crazy price ction IMO and probably won't settle down until mid June or further ahead. As I post his, BTC has gained 2.5% in the past 6hrs, but I can't help but think there is heavy manipulation in the market right now although I may just be doubtful of the pump. I still think we are in for a pullback, maybe not as far as before but most certainly we cannot keep going up in this manor IMO. Just my thought for this morning, maybe it helps, maybe it doesn't. My charts are for my own comparison and to refer back to in the future. I would not urge anyone to take anything I say as advice, I am simply speculating on a speculative market that changes each and every day. Thank you for taking the time to look at the chart and any opinions are always valued as I like to see things from others perspectives to compare to my own.
BYBIT:BTCUSD.P
by Crypto_Jakk
3
Has BTC Bottomed?In December 2018, BTC hit the lowest price at about 3100 USD since the ATH of December 2017. Interestingly enough, that low respects the bottom to bottom cycle progression. Subsequently, BTC surged back to the 61,8% mark. It has been fluctuating in between ever since, keeping the scenario of the 3000 USD bottom intact. On the other hand, I still remember the crushing optimism of Summer 2014, after BTC had broken the over six months downtrend line. Finally, by the end of summer, the breakout turned out to be a bull trap, after BTC had broken back under the 20 MA on the weekly chart, eventually lengthening the downtrend for almost a year. In my opinion, the 3000$ mark will decide to which scenario we are heading. If BTC breaks under it, I think the downtrend will resume for another couple of years to around 1000$. Despite the high expectations around the reward halving in May, I doubt that the cut-down supply will be enough to launch the uptrend, and even more, I believe that the disappointment of this event will push the price lower, contributing to the 3000$ level break. Of course, the previous halvings preceded uptrends. Still, I sense this time the halving of the reward arrives in a different market condition and will even contribute as one of the triggers to the downtrend extension. I believe the next halving, though, will synchronize with the next uptrend. So, good luck to Bitcoin traders and keep cool :)
BITSTAMP:BTCUSDShort
by Aurocks_AIF
First Chart and Analysis [BTC]For some reason I think folks that see this already know what's happening because I really don't. The accumulation of 4 days worth of TA knowledge and 6 years worth of crypto information stacked in my head, I wrote this chart. Starting out at months and going in to within 5 minutes, making note of where the most price action happens I drew lines to represent resistance levels. The opaque areas are the ranges for the resistance levels. Within the ranges shown is a green line that determines whether the price will stay in there. If the price shoots above/below the green line, my prediction is that it will reach further into the range area. This would be for day trading and short term goals. In the longest range, I believe BTC will be #27000byJuly
COINBASE:BTCUSD
by Duane_Vipera
1
DASH Golden Pocket| EMA Cross| Higher LowHello Traders! Today’s chart update will be on DASH which has respected the golden pocket Fibonacci retracement level and is putting in a potential higher low. Points to consider, - Bullish Trend - Fibonacci levels respected (Golden Pocket) - Stochastics in upper regions - RSI respecting trend (Bullish Divergence) - EMA’s cross bullish - Volume increase required DASH is putting in a potential new higher low as it tests its up trending line, which has held true at current given time. Fibonacci levels such as the; .618 & .650 (golden pocket), held true, DASH has bounced of this zone, signalling strong buy pressure. Stochastics currently in upper regions, can stay trading here for an extended period of time, however lots of stored momentum to the downside. RSI respecting its trend line, diverging from price (bullish divergence), as it makes higher lows whilst the price makes lower lows. EMA’s crossed bullish, must hold price as support when testing key levels to maintain a bullish bias. Volume needs to increase for follow through, otherwise a fake out will be imminent from current levels. Overall, in my opinion, DASH will continue this upside potential as long as bull volume comes to fruition whilst the EMA’s acts as support. What are your thoughts? Please leave a like and comment, And remember, “Fear, inherently, is not meant to limit you. Fear is the brain’s way of saying that there is something important for you to overcome.” ― Yvan Byeajee
by AzizKhanZamani
2
BTCUSD: how bad the deep might be?Hello ladies and gents! So despite being a little behind schedule #BTC is actually following my proposed idea. #Volatility drop is massive, I think I lost almost any interest in trading for the last 3 days. The key driver that motivated me shorting is actually hedging despite, I must admit, my position is rather speculative. Taking to account little to none buying power, I believer there are no strong obstacles for the price sliding downwards until 6800-6900 swing low.
BYBIT:BTCUSD.PShort
by rfelchuk
Little BTC couldn't move upBitcoin broke above the 1hr 233ma but then sailed underneath it, underneath on 15min aswell with negative weighted cci and we have a vfi cross down. Its bearish. If you like my calls, you can see more of them, all my sweet entries, and learn more about trading at my discord Verbatim Crypto Calls discord.gg just click the invite link or message me @VErbadoo#0847 Or if you wanna sponsor me use my ref code for Primexbt primexbt.com Great liquidity, great fees and doesn't overload like bitmex
BITSTAMP:BTCUSDShort
by VErbadoo
XBT:USD Four Hour View; Narrowing TriangleMACD Histograms are below 0 for almost four days. As per me, it will crossover soon, triggering bots trading breaking all the resistance. There has been a quite good support and resistance at these levels; the triangle is narrowing and people are waiting for some movement (up/down) for starting the positions. Similarly, bitmex funding rate is quite high. People are not letting BTC fall below the support zone. You can see the big red candles and all of a sudden, it turns out to the green. Volume is moderate too. With MACD crossover, many of people trading with MACD strategies together with automated bots will change their sentiments :) Not so far for the breakout; we will see it by around 8 AM, 11th Aug. Hope for the bullish one. Take appropriate stop loss if it could not resist the support level. Just a small picture of what I see and what I think; not a trading/financial advice. Have a good trade! Hit like button if you agree with me.
BITMEX:BTCUSD.PLong
by UnknownUnicorn3751972
We're close to our target on Macro time-frame, BTCI've posted a chart last week explaining the implications of BTC and how it'll make its way down to the 21 EMA weekly, which right at this moment sit somewhere in the mid-8000's. The first bounce I will be taking is in those area on the 12 HR chart where the 200 MA (pink link) and 200 EMA (purple link) meets. As long as we're closing candles and opening candles above these two Moving Averages, expect a big rally back to the upside as momentum shifts from short-term bear to short-term bull. I'll update once we get there, no need to speculate what will happen. Please keep in mind that as long as BTC is going sideways, in consolidation, this will allow the EMA and MA to catch up to price. And again, I'll update when we get there, no need to speculate. Lower time-frame up to the 2-day time-frame, the Bollinger Band is constricted, meaning a big move is on the horizon. And you need to be on the right side of the trade soon or you will either get rekt or rich. #Get Rich or Die Liquidated Also, if you like my analysis of the market and it helped you learn or made some money, please consider using my referral links. www.deribit.com www.bitmex.com
BITSTAMP:BTCUSD
by cooface
Pay attention to those levels for BITCOIN.There is a clear pattern going on here! Let's take a look at the downtrend channel first. We had something similar in the previous correction, which was if possible, sharper than this one. Th e previous one had 2 big waves, while now we already completed 3. MACD and RSI and VOLUME signal a bigger support for this second pattern, rather than the first one. In fact, RSI touched for the first time since june the oversold region, and volumes are really high around the 9.000$ area. Graphically, we can safely state that we have a local minimum if we break the downtrend channel, and trade above 10.000$ for a couple of days. It's most likely to see new highs if we break the UPTREND or even better, FOMO line, while a retest of 8000$ is likely if we break the Big support.
BITSTAMP:BTCUSDLong
by BFCMInvest
2
BTC; important levels mapped out.BTC has been struggeling to pass the 9477 key resistance level. however there is still a chance to go up some more and finally break that level if and only if we don't pass the bear finish line first. We've currently entered the golden pocket of the entire wave structure and have seen a decent reaction. Key now is to break the ltf downtrend and test resistance once again. If the ltf downtrend stays intact next level to watch is the "bulls final stand". If we pass the "bear finish line" level I'll flip bearish on btc and will start to look for shorts. Untill then the longer term trend remains up and as the saying goes: the trend is your friend, dips are for longs.
BITMEX:BTCUSD.PLong
by Kroesmeister
BTC bitfinex breakout? Volume is the Night King.When price wants to breakout from a major resistance. you need volume breakout to buy up and absorb all the bears and kill them. then continue to go up. Look at volume. pathetic. that's not a legit breakout. longing this is pure gamble. in some cases low volume breakout can be legit when price retraces back a little and consolidates near the resistance and keep battering the resistance. which is not the case. RR ratio is in favor of shorts. remember you don't long resistance and you don't short support. WINTER IS COMING. the volume bear night king is currently baiting the longers ..then finally to kill them and turn them into his army by liquidating their money & hope and dreams.
BITFINEX:BTCUSDShort
by EzCLAP
3