Hi Folks, You might be worried about Tesla's move on BTC, this is just a temporary news, no need to panic. I think BTC has completed it's 5th wave ABC correction. All other coins were due for correction and this price action is ensuring that. I expect BTC should lead the next rally on cryptos for making new highs after stock market specifically Nasdaq touches...
Hello guys, we are forming a bearish rising wedge on the daily timeframe. along with weekly RSI On bearish moves. well, correction is healthy to keep intact the uptrend but bitcoin is famous for not respecting the rising wedge and they most often break up rather than breaking down. so manage your risk accordingly. Disclaimer : I am not a financial advisor and...
Technical perspective : In regards to Bitcoin we have two daily demand areas and we expect BTC to retrace before the continuation of his massive bull move. On the Weekly timeframe we have an impulse that still need some momentum and some growth , Going down on the daily it would be perfect to see a retracement to grab some liquidity and continue it's massive...
The sellers reached the first target of our previous BTC idea . Buyers were unable to turn regain control of $18500-18700. The prospect of continuing to fall to $17200-17400 remains the main scenario. While a big buyer is waiting for a better price - we will not fear the previous manner of raising the price of BTC. _______________________ We create both ...
Bitcoin Is in Head And Shoulder Pattern if bitcoin broke neckline than Bitcoin might be go to 18100
Hello friends hope you are doing well and welcome to the new update on Bitcoin. Today we will have the Bitcoin analysis on short term, the midterm and on the long term as well. And we will watch different chart patterns that BTC has formed and the support and resistance levels and also the different moving averages. The formation of harmonic BAT: In my previous...
Bitcoin, which was experiencing a sharp decline before halving, recovered in a short time, and now it seems to keep its eyes up.. On 4-hour chart of #BTCUSD; we can state that some price movements are similar from past to present,just watch the fractals.. In technical indicators; #BTCUSD is priced on ma50, and the gator has also produced a buy signal, beside...
Short term run for Bitcoin is likely to be over. Similar to the equity market. The price failed to break the 50 moving average and it is likely to retract to the red line. Therefore, I am not expecting a new low at this stage. below $4000 is likely to be the bottom ahead of the Bitcoin halving.
The World's No:1 ranked cryptocurrency Bitcoin (BTC) is forming bullish BAT pattern on 2hr chart and expected to enter in bullish potential reversal zone soon. Lets have a look on the BTC price action's move: After initial leg (X to A) the A to B leg is retraced between 0.382 to 0.50 Fibonacci and then B to C leg is almost projected between 0.382 to 0.886 of A...
The price action of leading cryptocurrency the Bitcoin has found a parallel channel and moving within this channel. The resistance of channel is at $7772.71 and the support is at $6550.00. The formation of the channel was started since Nov 25 2019 and sofar the priceline is not able to breakout the resistance or breakdown the support, this time after hitting the...
The leading cryptocurrency is currently being traded at $7221 as per Bitfinex, which shows more than 100% move from the starting of the year upto today's date. BTC's price action took bullish divergence from $3500 to $13764 in the first six months after that we can see the price correction around upto 0.618 Fibonacci levels. During this bullish move Facebook’s...
Priceline of Bitcoin / US Dollar cryptocurrency has formed a bullish Shark pattern and entered in potential reversal zone. This PRZ area should be used as stop loss point in case of complete candle stick closes below this area. I have used Fibonacci sequence to set the targets: Buy between: 7150.23 to 7015.36 Sell between: 7264.54 to 7528.54 Regards, Atif...
The price action of Bitcoin / US Dollar has formed a bullish BAT and entered in potential reversal zone. This PRZ area should be used as stop loss point in case of complete candle stick closes below this zone. I have used Fibonacci sequence to set the targets: Buy between: 7478.80 to 7428.98 Sell between: 7597.58 to 7775.97 Regards, Atif Akbar (moon333)
The price action of Bitcoin / US Dollar is forming bullish BAT pattern and soon it will be entered in potential reversal zone. This PRZ area can be used as stop loss point in case the complete candle stick closes below this area. I have used Fibonacci sequence to set the targets: Buy between: 6947.6 to 6887.3 Sell between: 7090.4 to 7304.9 Enjoy your profits...
Priceline of Bitcoin / US Dollar cryptocurrency is forming bullish BAT pattern and soon it will be entered in potential reversal zone. This PRZ area should be used as stop loss in case of complete candle stick closes below this zone. I have used Fibonacci sequence to set the targets: Buy between: 8758.52 to 8740.52 Sell between: 8801.44 to...
Priceline of Bitcoin / US Dollar the leading cryptocurrency is forming bullish Butterfly pattern and soon it will be entered in potential reversal zone. This PRZ area should be used as stop loss point in case of complete candle stick closes below this area. I have used Fibonacci sequence to set the targets: Buy between: 8924.74 to 8739.71 Sell between: 9068.34...
Priceline of Status / Bitcoin cryptocurrency has formed a bullish BAT pattern and entered in potential reversal zone. This PRZ area should be used as stop loss in case of complete candle stick closes below this zone. I have used Fibonacci sequence to set the targets: Buy between: 9179.6 to 9147.8 Sell between: 9255.4 to 9369.2 Regards, Atif Akbar (moon333)
We have broken through the main Fibonnaci resistance level at 9831 and been pushed back. Another breakthrough would indicate a push towards 11385 again. This would be the ultimate proof of a long term bullish reversal for the end of 2019. Meaning 2020 would be the year of the new ATH. The daily and weekly EMA crosses and the daily RSI divergence show a strong...