After a very intensive research and mixing several trading annalists, charts, and indicators, this chart resume the bases of a Concept Idea, with a probable outcome for future price and development of BTC. Tips are welcome for holders with more then 10 BTC - Thanks BTC 3MsB9sD5Dr7dKkGykm22GF5LYUgxabvt57
What's going on? A small update for BTC CME world's largest futures exchange will expire the first batch of BTC contracts today. It will surely influence the price by a bit because the bears & bulls smell some money. CBOE expiration didn't affect the price much because of the low volume contracts of 1 BTC. While CME contracts are 5 BTC each. On this chart I...
Here we see, that price is trading very nice within the Fork. Until we break out of it, there is no doubt that we heading south. Observe! P!
Quick short term update on the CME BTC1! (Futures) market. We can see a magnificent cup and handle being painted, except it is upside down, also deadly is the h&s hidden within this cup. This gives us a high probability that the market will turn south should the market continue on this volume. Support for Bitcoin is still at $9k to $10k on the shorter term and...
stop loss : 14000 take profit 1 : 9300 - 9000 take profit 2 : 7000 - 6500 take profit 3 : 3000 - 1500 good luck
Big volatility not let build trend line older than 1 year. Most useful for next 6 month can made is 'Green" and red "red'. Yellow trend channel is normal bearish movement. Red appendix, is critical, as can see price will move vertically down, just like did move up before end of 2017. Triangle 1- is Gann 1/1 on last 'lowest' touch. Triangle 2 - is 2/1. Purple...
Today, Bitcoin made a low of 9,900 followed by a bull run of 11,427. I'm looking at 1 hour chart and the green candle I'm pointing at resembles a gravestone doji, implying the bulls are tired. Short is confirmed by the following red candle. trade active at 11,294 To support this short/panic whatever you want to call it. In addition to China, Korea, we've now...
BTC is facing a moment of truth where more "serious" investors are getting more knowledge about the blockchain and its capability. Most of them get in to the market through BTC but move sooner to serious projects like Ethereum and its alt-coins / tokens apps. BTC as a "store of value" theory is already past and the future of blockchain (and maybe a better proposal...
So we are still bearish and it looks like we're going to test top resistence once again and if we dont break we are heading down to support line at 11.6k
After the dip in the BTC USD market last week we can see quite a nice little bull run developing in the market. We could be facing a breakout or another selloff on the market here. A lot of new traders might get the urge to fomo into the market here, but lets have a closer look. Short term speaking the momentum is clearly with the bulls however we are hitting...
take profit 1 : 9500 take profit 2 : 9000 - 5000 stop loss : 15000 good luck
Head and Shoulder pattern forming with dip at 9500 on evening of 21 January
Downtrend may continue. Price is near apex of wedge, and at 50% retracement of the down-leg from 14K. Trend is friend.
Bitcoin left the parabolic grow channel. We are definitly in big correction that could be up to 90%
Baseline-gap still not filled. We have to wait for a closed touch or it will possibly fall under. As soon as it's closed we can expect a bullish trend. In the case that it will fall you may grab your parachute...
Looks like we can't hold the 13437 support. If it fails we will drop to 13000. If 1300 support holds we will see an uptrend towards 15000. Enjoy the ride!
In my opinion it looks like after very long run from 1K to 20K BTC reached wave5 and turned into A-B now Im expecting step C correction which could aim down under 10K ( 8,7,6.. ?) Depends when will newcomers to crypto (NOOBS = New Order Of Blood) start buying. Because most of smart crypto money are allready turned into so long called shitcoins/altcoins (...