As we all know that in my last BTC forecast I predicted a swing trade which paid off well, Looking at the current scenario BTC has to hold the current position for any bullish trend to form. The psychological 10,000 level is still intact but a price more towards 11,500-12,000 is more reliable for us to believe that it has strong resistance down below and will...
Chart shows that taking into consideration the bullish trend and drawing out parallel trend lines brings us to the conclusion that the next couple of hours will show us whether BTC will drop to possibly $8,000 or witness a bullish reversal and return to last week's position. BTC needs a reversal confirmation, be it a double bottom or inverted head & shoulders, to...
Strong resistance created on Bitcoin weekly chart with two bearish engulfing patterns, room for price to drop to weekly demand around 7377. Longs at weekly demand imbalance or new daily demand levels.
Bitcoin COINBASE:BTCUSD is currently forming a symmetrical triangle. We expect a continuation of the A,B,C,D,E correction. As currently pictured, we are on wave D, the corrective wave E is expected next. Side note: We do not need to complete wave E to breakout to the upside as momentum can carry us to a bullish continuation of our previous trajectory. Wave D...
Right now, it is testing what has become the major support line, which was the major resistance line for all last year. It should hold, or at least, it won't break easily. The numbers we're seeing right now are normal, and it's tested that support multiple times now, and not been able to break it. If it does hold, the implications are staggering. Bitcoin...
Price Prediction For BTC USD Trading Pair using Moving Averages. This is the 1-Day Trending Chart for Investors. Here I am talking about "cyclic patterns", which means averages like to oscillate above and below each other at a frequency. To better see this, scroll back in time. 1) You''ll notice the MA 50 oscillates above, and then below the MA 200. 2) You'll...
As explained in the chart. Fib retracement of 0.618 extremely strong support level, almost perfectly hit by BTC price. Strong signs of reversal with high volume spike, RSI oversold, market capital of entire crypto market rapidly going back up. What a ride. Still expecting a parabolic rise after this correction. Corrections in a bullish wave are healthy and...
After this drop it will go back to 20k fairly quickly but it's hard to predict what the timespan will be.
Did Christmas come early for BTC Traders? You see here on the H4 chart that BTCUSD is still in a pullback. But...It's stalled at the 50% Fibo extension. The buyers and sellers are in a tug of war but I think the buyers will come out victorious. Once i see a nice break above the 50% fibo line It may be time to go long. Let me know what you think! P.S....
Bitcoin had finally retrace back to the 50 EMA which alway been holding it well . I see a HUGE buying potential at the moment . With the first target of 20k and than to my 2nd target of 25k . DONT MISS THIS BUY OPPORTUNITY . Let's ride it guys <3
For selling we need break of the recent structure and LL > LH and then wait for solid candle pattern. For buying there is strong conflucence of EMA 200, S/R and round psychological number at 8000$ If you have a request reach me. I have been trading purely with technical trading since 2013 in currency market, but because of high demand for cryptocurrencies...
Bitcoin is still consolidating around level 8200$ (7000€ area). Based on the 4H timeframe we see an MACD divergence that has formed. Bitcoin bulls try to keep on pushing up yet a decent retrace to level 7500$ (6600€) or 7200$ (6300€) (area lower ascending trading channel Trendline) or at least further consolidation around 8200$ (7000€) area into the next day or...
PERFECT BUBBLE short at 7192 at i see he attemps many tie to pass 7250-7300 and reject so a least if the bubble not finish now i expect a good pullback on 6200 !! entry 7212 target 6195 1018 pips gains is very good opportunity in two lot when 1 will reach 300pts i wll cut and let eh other with a stop at +150 and up down it every 50$
Currently, we are seeing BTC test the $6000 resistance which was attempted and rejected earlier this week. The upcoming Segwit2x fork is definitely in play here as we are a little over two weeks away from the 494784 block being mined (fork block). Current projections have that happening as of 10/16/17 (Thursday, November 16, 2017, 5:53 AM - per respective...
Hey Everyone, For all the ones that care how much their Bitcoin will be worth until the end of the day or for the ones that want to trade on the Cryptos, it's an opportunity for market entry. Bitcoin may go down for a short term of 1D and will make a recovery afterwards, pay attention in the graph I published, you can see a rule that market analyst with a...
Watch out, as history tends to repeat itself. I'm BULL until proven otherwise. DISCLAIMER: Please note I am only providing my own trading information for your benefit and insight to my trading techniques, you should do your own due diligence and not take this information as a trade signal.
i short the Bitcoin for this reason South Korea bans all forms of initial coin offering in the country, just today China do it Already so if some country like that were have the most bitcoin activity startto ban it. i think fear will coming that other country will may ban too... BIG TRADE 1200 PIPS TARGET = 4000$ STOP LOSS =4750 RR= 1/2.5