Hello Everyone, Did you buy the dip? I hope so. I've been calling for the $45,000 area for about a month now and I was within $2,000. I definitely took advantage of this drop. So some people are still bearish since we are technically still in a downtrend. Let me go over why I am bullish and a few things Bitcoin needs to happen to increase in price: 1. Price...
Hello Everyone, Quick post today. So as some of you know I have been saying that the long term charts for bitcoin have been looking weak and we may see a correction soon. Well here's another perspective. Our 4 hour timeframe is looking fairly strong. With that said, there was a huge valuation for the Coinbase IPO and various alt coins are ramping up in price....
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Bitcoin has been on an absolute tear this week, congratulations to everyone hodling BTC. For those looking for an entry/trade, waiting for price to pull back to the 200MAs for a successful retest can be a relatively safe way of entering. While price can definitely continue to run up from here, the risk is higher longing at highs.
Though I believe BTC already topped, it could retrace for a nice long here. - Namnaste SKYLOBSTER The Bigger Picture Idea is attached. If you are curious, my super secret indicator is the MACD ; )
✴️ BTC Update #BTC_Update Hello dear community, let's take a look at the recent development of Bitcoin since the last update, shall we? BTC hit 8700 tails yesterday and has since rebounded to currently trade at 8850. The daily technical situation is still negative while on the 4h horizon the wavetrend has crossed upwards. 📈 Trend follower? Negative on the 1h...
Bitcoin is trying to hold at $9800 and knocking to $10k level. I don't plan to short this pump - better to buy pullbacks, my overall bias is still bullish. The first area I'm watching is $9550, have some bids there. The second area - is the previous resistance at $9300, as well as good for me to buy some coins. Any close below would be invalidation for the...
✴️ BTC Update #BTC_Update It's a new week and a new month starting guys, I hope you all had a great weekend! What's new since then? Bitcoin has been relatively quiet compared to Wednesday's pump. The daily technical situation is now negative with a buy signal given on the WaveTrend. On the 4h horizon, the technical indicators are also negative. 📈 Trend...
I think we see all time high within one year
BITPRICE MANIPULATION The transparency of the blockchain makes it possible to identify the movement of large amounts of crypto to or from the Exchange Wallets. Last night I observed transactions of several tens of millions of USDT mainly to Binance, Huobi. Hours later the price takes off by 8% and cuts a resistance that seemed unbeatable like butter. I have...
✴️ BTC Update This is it, at last! After observing Bitcoin doing nothing at all under its resistance zone, the latter is now broken with a confirmation in daily closing. The zone we are now interested in is very logically the one between 7500 and 7600. The daily technical situation remains positive as do the indicators at the 4h horizon, even if the latter...
BTCEUR - Into Bear Flag, Previsione for a Short Position from 7.150 EUR to 6.080 EUR, (-14,56%) BTC comes out of a very marked flag of about 73 days. The output, about the movement that took place later, clearly defined a FLAG POLE and a fairly marked BEAR FLAG is emerging which is now 26 days. By performing the FIBONACCI tracing on the flag pole and reporting...
Right after the close of the daily candle we have seen bitcoin hit a low of 9857 followed by massive buy by probable campers and bots which saw the push to the current price. Question is was this enough to reverse the falling trend to the uptrend, we have about another day to have our questions answered, nonetheless a great time to stack a bit more BTC even at...
This is the bearish scenario short term with BTC. I will be breaking the chart down through bullet points so that it is easy to understand. Note: My long term bearish scenario is still in play. You can find it below. - Pattern shows what looks to be a bearish pennant playing out. - Critical supports still stand at 6100s and 5800s. - Stoch RSI is showing...
Hello! The TRAIN is unstoppable! In this down-train, we had 7 bearish days in the row a small pause (doji) and three after that! Last time when we got 7 or more red days in the row was 07.2014, so, more than 4 years ago, a pretty significant yes!? To me, to make a new TA. was very hard and I thought this is even impossible because we need to settle down to make a...
A couple of days ago we had a massive move upwards (correction)! The day ends with an Engulfing candlestick pattern and closes above THE MAIN BIG TRENDLINE sine 17.12.2017 which means we broke the main down-trend at the moment! Right now the BTC price forms a continuation pattern - "Bull Flag" . Bull Flag is supported by EMA's and a resistance area which...
I see more probability in the wedge/flag breaking down towards 6350 - 3280 range However the flag could breakout upwards and head for the upper resistance of 6666
BTC just completeed wkycoff accumulation on the 4hr chart. This current dip was the spring in wykcoff schematic, where the retail traders long positions stops are hunted and bear trap for the shorts. I expect BTC bounce from here, this would be the wave B of the zig zag of the Y wave in this whole corrective structure from 20k While everyone was bullish on the...