Buy now under 8400 and get ready for the bump.
BTC inside descending channel in symmetric triangle with bearish continuation - going for actual bottom.
#BTC On the 3-day scale, the candle inside bar is visible; as a rule, we can grow, if on this scale we close above the resistance of the mother candle 3800. If this succeeds, we can observe a more positive market for a while. If you can not get higher, the next month may continue in the side and maybe the price will be able to update the bottoms. Confirmation of...
Overall outlook: SLIGHTLY BEARISH My Bottom = 2800SATS All my indicators are telling me to wait for a another meltdown, BUT SUB has been down 30% in the past 7days so a correction up is still possible. >Stay in USD atm everything seems ready to pop any time. >Price is at the point of being squeezed. >If the price ends up falling may bottom in 2800SATS, but a...
1. Bullish divergence on RSI 4h 2. Falling Wedge that could possibly break up. 3. 10k is nice psychological resistance (which is also the target).
BTC is forming a mix of both HS and a Bear Flag. breaking out the support in red will cause another big dip. watch out and if you are long on btc set a tight stop loss because this may not be the end of the waterfall.
After the perfect shorts on both 17K & 13K (the indicators also gave a perfect signal on 14.3K but I simply missed it !!). Anyway today another signal came in.. allowing me to reduce my stop losses again and afford a new reinforcement on this very nice Sinewave + Momentum trading signal right in a price area I was waiting for. We're one step forward to the...
I previously identified 2 resistance levels for you, which still stand. Whilst we pierced through and closed above R1 the Buyers are struggling to hold R1 as sellers push them under R1 level once again. You all know, I am big move trader who seeks bigger profit runs, with clearly defined moves and clearly defined stop losses. With other indicators telling us that...
As long as this support is holding, the bull trend will continue. If candles start to close bellow this support, a shift in the market could happen fairly quickly.
Got a nice falling wedge here signalling the end of the bloodbath BCY had at the start of October, just worried about the lack of volume. Expecting the price to drop down to the lower support level, where I'm planning to buy around 3k sats. The first target is based on the upper resistance of the wedge, and the second on the resistance from August.
We need to pop and hold the $1,000 physiological barrier, which we´ve done today (Sunday 26th March ´17). Congrats to Bitcoin bulls by the way, it´s good to have you back. The next price level i´m looking at to take profits is around the $1,039, (Fib 38.2 sweet spot) level. This idea is just a quick one I wanted to share. If you have any questions please ask...
There are many bearish signals adding up all at once on the hourly time-trame. Moving averages, recent trend-lines and price structure suggest that the sentiment is "down-trend". On top of that, we find some nice confluence between price resistance zones (yellow boxes) and important fib-retracement levels of the most recent price swing (61.8% and 78.6%, specifically).
China has been described as leading the bitcoin market in trading and volume. I have compared the Shanghai Composite vs the price of bitcoin. As the Shanghai has surged since July, the price of bitcoin has dropped. I have labeled why. CNY 1 trillion of "Pledged Supplementary Lending" PSL to the China Development Bank was announced mid -July. This was later...