The scenario of the breakdown of the rising wedge
7500 invalidate the play 7915-7950 hedging 8200 would be the next play after the hedge
Maybe it can turn from here (7200-7350) and goes up (%60 chance), or can hit 6500-6900 range and goes up(%40 chance). Both way i think good opportunity. Just my opinions, not an investment advice, do your own research before invest ;) Good Luck, -YD
As much as I don't want it to be true right now, this looks like a bearish pennant could be forming, with a potential break down to lower levels.
This is my first chart post i am by no means a charting wizard!! just simple ideas which i sometimes forget and it also helps me if i write them down and go over them myself :) A sell off like this with the bulls having very little control or ability to have any type of decent looking bounce cant leave many people confident to buy the next dips. The strong high...
Hello My Friends And it turns out in my previous post, btc cant break from trend analysis up and going back to corection And this time,i will share my prediction about btcusd with TL 4 Hours In my opinion btc will going bullish, but if $9500 resistance has passed Thanks for your support
Ar we going to get a proper bull trap upside BTCUSD or quicker capitulation and quicker recovery looking in to 2018 for bitcoin and crypto space in general?
Hello Traders! We can expect a small possible dip here! Why ? Completion of the shoulder , Double top & a Gann box support! We can even see a bearish triangle forming
Bitcoin / Dollar, BTCUSD, 12hrs, Short. The goal is to have slight consolidation (after bloody shorts killings last week both directions). Target close to 11K.
we are now retesting the uptrend line that was broken out(29th Mar.) 1Hr chart with bearish harmonic pattern RSI bearish divergence. on 1Hr & 4Hr chart 1D chart. based on wave analysis, it seems like a upward corrective movement. I see 8200~8300 as a heavy resistance, but bullish movement from 7900~8000 level is still strong.(on 15m) short term...
i think now we have good opportunity to open long position with tight stop loss. I already have long position. And this idea is update of my previous with new take points. btcusd.
idea for next movement of price btc usd. again it's risky but i'll try. i think we can dive a little bit deeper. i signed this on chart (be ready for this movement).
A 1D overview of Bitcoin's recent history against the US Dollar on Bitfinex. Put simply, I'm not making any entries until price is back above the 21-day MA. This is my master chart layout and includes all of my frequently used indicators and conventions.
Bitcoin appears to be at a critical juncture. Up, Down, Sideways? Those are the questions. Many believe, or hope, Bitcoin is preparing for the next springboard up above the top of the resistance channel. (Top Pink Line) Of course from the beginning of this correction / decline this is the 3rd major attempt that has been rejected so far. All previous...