Bitcoin (Cryptocurrency)

After all the hype at the beginning of this year, price has kept going lower. A very bearish descending triangle is still forming and together with the rejection of BTC ETF (which will not happen any time soon) this could crash hard! Be aware! Trade carefully and don't risk anything you're not willing to lose! GL all

EURUSD Short setup, price bounced off resistance.

CADJPY looking very bullish, looking to breaking yellow box and continue to the resistance area marked in red.

Dear reader, Market trends and cycles are a direct function of human psychology and the varied emotions during each phase. Bitcoin has been following the classical market cycle since its inception and there is no reason it won't follow it in the future. Charles Dow was the first to make thorough effort to express the general trend of markets. Enjoy the analysis!

Indicators: Fibonacci retracement with extensions (downtrend 2013 - 2015) Pattern: Descending triangle 2018 (measure rule): TP $1700 - $1900 Confluence between Fibonacci extension 161.80% and descending triangle target point

like i have said, last years all time high was manipulated ( see last posts) futures was rumoured in november and a date givin to start trading. the price flew up to ATH where it was sold and people shorted it untill july/august. twitter is shocking , macafee and Max Keiser are deluded. if they cant see this they have no business as BITCOIN spokesmen BTC is ...

This chart shows the Long/Short ratio in the daily timeframe.

Technical analysis: . LOOPRING/BITCOIN is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 37. . While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue. Trading suggestion: Price is in the ...

STOP - 0.37823 Full Target - 0.30753 Be cautious when trading alts right now. This is somewhat dependant on the actions of BTC.

Breaks down from the rising wedge. STOP - 158.60 Full Target - 139.80

Introduction Elliott Wave Theory was developed by R.N. Elliott and popularized by Robert Prechter. This theory asserts that crowd behavior ebbs and flows in clear trends. Based on this ebb and flow, Elliott identified a certain structure to price movements in the financial markets. The article serves as a basic introduction to Elliott Wave Theory. A basic 5-wave ...

This is the Elliott Wave count that I'm trading on Bitcoin. After successfully trading the 5 waves up, Bitcoin saw its correction down to the bullish support of the 0.328, which from a smaller time frame for me was the Y wave coming down after seeing a flat ABC, followed by the X failed impulse. This Y corrective wave hit the 0.382 Fibonacci retracement to the ...

The Cryptocurrency market closed on a high last week with all major cryptos finishing the week on a green candle. A reasonably strong close for the first week of November has many analysts once again facing the question if the bottom is in. Here we take a look specifically at the market leader, Bitcoin (BTC) $6427.78 +0.14%, to see if an end is in sight for the ...

Technical analysis: . STRATIS/BITCOIN is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 50. . The price downtrend in the daily chart is broken, so the probability of the resumption of an uptrend is increased. Trading suggestion: . There is a possibility of ...

Unfortunately I was out so did not publish this in time. STOP - 129.97 Target - 122.01 (Sold 30% of my position there, fully closed at the 117 support level) ETH has been great to short recently. The target was 122 but it hit the 117 support, which was my real target for over performance. Interesting to see what happens next, only a matter of time before we go ...

#bitcoin #SELL SELL SELL MAYBE. Check yourself. Construction mark all consecutive Williams Fractal highs both must show MACD Histogram in green >0 boxed yellow. When next flip red 0< box with purle from there to the low. Then with stats work out your strategy. NOT ADVICE. DYOR.

BTC will test lows at around 3200 dependant on exchange, possible play for a higher low but that seems to obvious... Looking for a fake out to the downside with a wick hitting around $2984 on the exchange Bitmex, but around 3k is the bottom for most exchanges then a move to test 6k (previous market structure).

entering this with the expectation to shoot straight back up and past where we've just come from. Giving this room to breathe, so reduced position, and possibly could take days or more to play out, which is opposite to the scalps i've been taking lately