The video provides a look at three indicators and technical analysis methods used to evaluate price trend and strength. It seems $BTC is shaping up for a hard decision over the coming weeks or months within a falling wedge of a breakout to the upside (re-igniting the bull trend back to $20k) or downside (breaking through 2018 lows of $6k). For those of the...
buy zone : 7500-7600 tp1:7770 tp2:8000 Don't forget Asset management / and please trade on your own risk and this chart is as my opinion about BTC/USD 4H regards good luck
Bitcoin is consolidating as predicted, as it does that ETH and other alts will start to rally
BTC going to make a wave 3 soon. Stay tune. Going to be bullish.
We are really just in a large bull pennant. Within this bull pennant we have seen a repetitive 'M' pattern with the neck line forming the tops of the subsequent smaller 'M'. If this pattern repeats one more time then we will see a break to the upside of the bull pennant to start us on our merry way back up (drawn in green). On a side note we may already been...
BTC is about to break Long Term Resisand Line. If it would break and can stay on it for a while 8K and 9K is very soon. Twitter: @zobiyen Steem: @zobiyen
Bitcoin dropped to lower 7500 USD price range which is what I predicted in my private chart for my followers and came really close to hit one of its uptrend channel and we should be expecting a bounce and get close to 8k value however I expect a big resistance at this price level so we might stop at 7950 USD. STOCH RSI oversold area bullish signal And please...
This chart shows bitcoin including the earliest trading data from MtGox when bitcoin was worth a few cents. Large channel encompasses all the moves so far. Reveals last spike to 20K plus was small compared to other peaks (bubbles). Also bitcoin is not far off the bottom of this channel. If the channel holds, bitcoin could rise to possible unfathomable new...
- Rising wedge formed - Broke below critical trendline again Market sentiment is mixed and we're getting loads of chop. Bear : If the wedge validates, breaks down and closes, we could be heading down to next support zone (blue box). Bull : If we break back above the long term trendline, for more consolidation in the wedge, could build up energy for another alt...
Hello,friends :) I hope this Idea never accomplishes,otherwise we're doomed. 1)Check the weekly RSI,below 50 = downtrend. 2)We are below 50 EMA,very bad sign. 3)We struggle to go above 0.61 Fibbonaci. If we fail to breake this triangle up,it is " Finito la comedia" I hope the Bull gods won't let that happen but be carefull about your long entry or purchasing...
First long entry on bitcoin and some other altcoins. Every -$ 1000 level on btcusd I will buy a piece of bitcoin and altcoin too. Good luck.
In chart 4h Only BTC breakout zone 7700. It can go up to 8000 - 8300 soon. This is good time. We can buy a lot of bitcoin or altcoin. If BTC - haven't breakout zone 77xx in the next fews hours.It can go down to zone S1 : 7280 and 6900. In two zone : 7280 - 6900 BTC can bounceback a little.If BTC breakout blacklinear after down. We can accept BTC doing...
So far the price is trading according to our plan as a Three Outside Up rejection on the 5H 7,756.3 High is pulling the price down to the Rectangle's (RSI = 52.174, ADX = 19.563, CCI = 16.3127, Highs/Lows = 0) support zone = 7,373.10 - 7,437.20. I do not expect this Rectangle to hold on much longer as the 1D Resistance (MACD = -220.100) should continue pushing...
2017, 2013. Different crashing structures for different reasons (diff. market cap size, diff. average investor profile, diff. reason of crashing), but a same post peak market behaviour. It seems that buyers and sellers are printing the same marks in this market when a peak is reached and the asset starts to be sold, following the break of the uptrend parabolic...
Bitcoin - The Bigger Picture (Re-upload) If you have any questions feel free to drop them in the comments. Thanks for all the likes and follows guys, I appreciate it!
(Re-upload) - I will keep charting this pattern until it is over, if bitcoin breaks either of the purple lines I no longer believe in this pattern. If you have any questions feel free to drop them in the comments. Thanks for all the likes and follows, I appreciate it very much!
Today's 7,756.3 session high on a strong Three Outside Up 4H bullish candle (highest volume in a week) restores some Channel Up bias on 4H (RSI = 57.450, Highs/Lows = 85.2339, B/BP = 163.1428). However we can only expect a continuation if the June 3th = 7,777.4 High is broken. The most important test are the two Resistance points: 7,828.80 and 7,923.60 (0.50...