At the 1-day chart the Descending triangle which was formed up from the previous triangle which ended in April. Technical analysis of the chart suggests a positive scenario for BTC price upward movement. Nevertheless indicators are still very bearish: Momentum and MACD suggest to sell BTC now, EMA (20, 25, 30, 35, 40, 45, 50, 55) are negative and the conclusion is...
Hello Traders,
We are at the top of two bearish channels. Hopefully everyone recognized it and shorted the safe zone.
For some reason the last chart did not publish correctly, here you go, hope you enjoy your profits. Lately I have not had a lot of time to update tradingview charts.
Everything we provide is free and for the betterment of the community. Please...
Hello guys,
Yesterday I published a chart about Bitcoin's possible reversal possibility last time I went for a reversal pattern it went from sub 6k to 8.8k and now we are going from sub 6k to 8k we have 1d stoch just coming back from oversold area we have a good green wave in ewo so we for now we are on our way to 6.8k then we should retrace and find support and...
These are a set of strong trading signals that can be used for entry and exit points. I have used Bitcoin as my example as it clearly shows strong entry and exit points. Please look at the graph and indicators carefully as it can be hard to follow.
The way it works is that a confirmation buy or sell signal happens when all 3 indicators cross over their respective...
Hello followers and other TradingView users!
Now, over a week lasting down-pressure ended yesterday! We got a nice pullback candle which indicates for a short-term bullishness because we manage to push the price back above the April support and above the round number $6500!
The bounce was supported with trendline which was pulled from daily candle bodies from...
Hello followers and other TradingView users!
I would like to share my thoughts about one good short-term reversal point!
Long story short - reversal point criteria:
1. Fibonacci retracement level 62% (Pulled 24.06.2018-29.07.2018)
2. Fibonacci extension level 141% (Pulled 20.07 - 25-07)
3. Strong resistance area (more than 10 failed attempts to break the...
Hello followers and other Trading View users!
I try to give You some price levels what do You need to watch closely!
1. Red box bounce upwards:
We came down pretty sharply from the top just some short-term price pauses and pumps (luckily we manage to catch this pump) so I expect a little pullback and we may bounce upwards a little bit but I don't trade that...
BTC pump started on 15th of July due to good fundamental news: the first M&A deal using crypto. This significant upward movement brought the price to the major resistance level and finished IHS pattern. This is the first reason why BTC volume grows up and the price goes through resistances so easy and continues its growth.
However RSI is overbought and Technical...
Hello!
Technically a very nice setup!
Criteria:
1. Old consolidation box retest and this consolidation box created a very strong resistance which becomes now a support!
2. Fibonacci retracement level 38%
3. Round number bounce $7500
4. The major trendline retest and bounce
5 . After bounces - bullish "Hammer" candlestick pattern
6. RSI oversold and...
Hello dear followers and other TradingView users!
In the weekend we moved sideways on the very small price range - between the $8100-$8300!
In the last topic, I gave to You some price levels what You need to watch but at the moment those levels are moved a bit lower and there are two bounce level opportunities where You have to watch what the price do! In those...
Hello guys,
I have been staying bullish for the whole time lately even though the market corrected and I could hear 5k predictions again but what I see happening is a reversal and it looks like we get a reflection of what we had before when we corrected from 8400-8500 area so now we are on our way back to 8400-8500 area soon where we would be making the cup and...
Hello dear followers and other TradingView users!
I would like to point out one technically good reversal point (bullish) and one confirmation needed the bearish point!
Bullish Reversal point consist (green box $7630-$7750):
1. 24.07 we had a breakout from the main trendline almost the last down trendline which was pretty significant and now we start to go...
Hello everybody!
Last two days (even week) are been very bullish for Bitcoin! We have broken through the resistance after the resistance!
Now there is the question mark, do the 'big guys' want's to lower the price little bit and jump on the board with all this bullish momentum!
In the 1 day chart, You can see that this down trendline was almost the last correct...
Good morning/evening/afternoon my dear followers and other TradingView users!
Finally, I'm back from my vacation and ready to read the Bitcoin chart! After collecting some bearish/bullish criteria we have had a very nice
predicted moves from the past and at the moment my "Head & Shoulders" chart starts to gain some popularity but let's jump into the...
Hello everyone, i ran out of time on video (its hard do capture everything).
I didn't have time to put elliot wave on impulse but like i said, i dint really use elliots until bullish move up is confirmed.
I would have to see strong pass with nice close above yellow resistance line.
I think We will see a lot of price action between 7775 and 6700 closing triangle...
Hello!
Since 25.06.2018 BTC has formed several higher highs and higher lows which in turn has created different chart patterns. At the moment I have drawn in the chart one widening channel upwards (clean and clear higher highs and higher lows) and the "Ascending Triangle"
We are a very top of the price range, here is the decision point where we want to go in...
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...
A more thorough analysis of the Short term situation is presented on this chart.
If BTC manages to break through the resistance of $6500 and consolidate itself higher, then the price will have the opportunity to test the level of $7000. However the more probable opportunity is a slow and small rise after which there will be a decline to the lower edge of Ichimoku...
