The 7,828.70 - 8,000 support zone on 4H was strong enough to break the Channel Down. 4H is now on a typical bullish reversal pattern (neutral RSI = 50.573, Highs/Lows = 0, over bullish MACD = 18.400 and STOCH = 72.856). 8,777 is the Resistance and the first bullish target of an emerging Channel Up, assuming that the 8,300 support holds (otherwise will not allow...
The price is on a 4H Channel Down (RSI = 39.937, Highs/Lows = -90.5493, B/BP = -276.6680) with 8,391 the Resistance and 7,828.70 the support (and short TP). The 10,000 mark made 10 days ago is simply a Lower High on the greater 1D Channel Down (Highs/Lows = -549.9965). As you see on the chart, if the current Channel Down is a mirror pattern of the previous Channel...
Hi friends,
On the daily log chart you can see that we are still bearish indicated with the RED trendline.
The 200 EMA and this bearish trendline is on the way to make an intersection.
Currently we are sitting on the 0.382 Fibb and it is still not clear that we are gonna move UP or DOWN.
If we break the 200 EMA and also break the bearish trendline, then it is...
Bitcoin market is too stable and have no volatility. Last time it happened was mid January and Bitcoin took a hard dive. Something is about to happen, a big move soon. Could go up, but I think BTC will take a hard drop. You got to keep in mind that when this situation is happening in a bear market (a really stable price for a long period of time), it generally...
GUYS KEEP WATCHING GET MORE MONEY...
Disclaimer:
The information contained in this presentation is solely for educational purposes. Does do not constitute investment advice. I may or I may not take the trade.
The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable for your own...
A whale purse sold 10.000 BTC yesterday and the price fell dramatically. You can track his activity here:
bitinfocharts.com
However it was expected that something would happen as soon as Bollinger Bands contracted close to each other. We faced with a dump. The price managed to consolidate a little below Fib 0.786 support level and now it is resistance.
Probably...
BITFINEX:BTCUSD BUY
Hello traders we have head and shoulders pattern on the chart
we must see clear breakout of the neck line and after that buy
so wait untnil it breakes and then buy
targets on the chart
All these FUD and exchange rate fluctuations will last till the end of the month. The price will broke out of the triangle upward or downward around 22th of March. It will be a crucial moment for BTC. The price currently went back to the triangle and bounces from Fib 0.786 level. We expect that new wave of growth will start within 1-2 weeks. Hold your BTC and buy...
Daily BTC Upadte
I don’t think we are crashing or Going to Zero.
In my education piece yesterday, I said I thought there were a lot of people trapped in losing positions up higher, some of them I think I getting frustrated and getting out. I actually predicted this in my fist BTC post on TV
“If we break the 200 ema and close above I would expect a pretty quick...
Iceberg orders, stop hunts, the list could go on. These are all tactics they use. Now the price is headed back up but without you onboard. There was a time when only nerds were buying BTC or maybe those who wanted to buy something on the Dark Web. However, now you're playing with big banks, whales, financial institutions. You gotta know the enemy. You gotta know...
Plotted this yesterday afternoon and woke up to find $BTCUSD playing nicely right along my lines.
Overnight she bounced right off my 4th wave prediction, which makes me quite happy as a brand new trader in the space.
Now, we wait to see if my 5th Wave is completed, or whether BTC takes a cue from my $LTCUSD analysis and comes up short for a nice ABC correction...
After a significantly bullish 2 weeks many were excited to see us test the upper trendline.
Unfortunately, we bounced off the lead 2 (Senkou Span B) on the daily leading to 24 hours of down-trend.
This is significant because it forces us back below the 50 period MA on the daily &
300 MA on the 4hr.
Why does that matter? It nullifies a huge bullish...
Bouncing on the long-term upper trendline, stuck between the 9 and 20 EMAs, also under a price action based horizontal resistance.
I have placed 3 Fibos, 1 showing the possible fall, and 2 to support the possible trend reversal out of the correction.
I am not making a move here, watching and waiting for confirmation either way.
On the 1D BTC chart
Another day of bullishness and so far in today's session we are looking strong above the 150EMA and the upper trendline.
My only concern is the inability to close above 10,300.
RSI has, at last, broken it's LH LL downtrend.
Other than this there really isn't much to report.
Just remember that we have seen similar action in the recent...
