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we wait for a short sell as pattern shows a sell pattern see old analysis tagged below
I can see a short Opportunity in BTC in mid time frame,
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We missed MA 21 weekly by a small margin. It could be concluded that we have tested it although we did not touch it which we could still witness but it is highly unlikely for BTC to break down from that, I see everybody calling it for months now but here is some more evidence from history where we stand in the above given chart. I believe we will have side ways...
If we are unable to hold here for the next week and then attempt to push through 8k. Expect a possible mid-long term bearish trend.
Finally bitcoin successfully closed above $3600 on weekly if it not sustain there then it might test short term support at $3400 $3200 and even $3000 , once break $3000 then can hit $2500 to $2700 by jan 2019, But good news is it is trying to break resistance at $3800 once it breaks then it can test $4100 and above in short time
Hi guys. Welcome to this update on the most accurate Bitcoin Technical analysis on TradingView :) Hit LIKE to enjoy and profit from the following free trade signal. Along with fundamentals and indicators we do have very clear situation i would say (regardless of hair stylists and taxi drivers write 3000$ BTC, 1,700$ Btc and so on. They don't understand a...
As shared in our last chart and as expected BTC is trying to test $4000. Btc come down to its 2nd Pivot Support If it breaks from here then $3800 will be the next support. full chance for bounce back from $3800 to $4000 as if you see long term trend it is trading over trend line. If it breaks 3rd support of $3800 then $3500 to $3000 possible
Bitcoin is clearly attempting to break through and make new highs and continuosly failing to do it . Starting from January 13.th, we have obvious downward tendendcy (after making all time high), continualy had lower and lower rebounces like 20.000/11.700/10.000/8500/7400/6800. With all that said, Bitcoin as failing to breach 6750 in 4 attempts (while making...
Who knows when BTC will stop bouncing between the top descending diagonal downtrend line on top of the MASSIVE downward wedge that many expect to pop. I think this is a fair play, you get two choices of entry depending on BTC, ( stop losses in this chop go 2-4% ), the targets are based off previous value zones that price has encountered stuck around by. There is a...
Bitcoin is slowly entering it's demand zone. One should start investing in chunks. 5330 is the the final zone to buy and with a SL placed 100-200 dollars below one should expect a breakout on the upside for new all time highs
COINBASE:BTCUSD Chart shows weaker and shorter bounces after peak in Dec '17. Combined with fading volume and low volatility leads me to believe we could see more downward movement. However, I am currently sitting flat and waiting for a better long entry as r/r for a short is not ideal at this level. ^ Here on BITMEX:XBTUSD I have marked my initial...
As you can see above, the small rising experiments in the big falling channel fail and come back. In this case, the decline will continue. ***This information is not a recommendation to buy or sell. It is to be used for educational purposes only.*** I'm sorry for the impaired expression..Just watch the chart, not what I write. :) PS make sure you give me a...
When the price was on the hill, I mentioned in the graphs that price will falling to (6.5K usd) with graphics. Price is 7.2K usd now. I think price will continue to fall. I draw red lines for supports at the bottom. However, these supports just constitute reactions. BTCUSD will continue to fall. ***This information is not a recommendation to buy or sell. It is...
Same LOG theory with additional indicators. All explained on graph.
Hello Tradingviewer, Thanks for your subscription and Likes. Let's take a look at the bitcoin. Here the correction should be almost completed. In my opinion, the low should be in the range of $ 6800-7200. Due to the wedge, I still currently expect another low, whereby there is already a bullish version in the 5 min. Range. For this, however, prices of $ 7,680...