The price currently seems to be moving upwards in a bullish channel. The price has tested the resistance level of the channel on a number of different occasions, all of which have failed, the price has just tested the resistance once again and I believe the same to be true. Over the last month we have saw the price teste the resistance two times, on both of these...
Oh well what she doesn't know is I was sleeping with her sister... so the joke is on her really ;p
Anyway enough of my love life lets crack on with the trade.
As we can see BTC has been respecting a lovely trend line on this 4H timeframe and we are looking at it continue to do so in bullish manor up to our 10k target... And when we reach it you can all buy me a...
Under that heading we publish signals of the indicator called “Ranger”. It was developed by our experts for intraday trading purposes.
This indicator is based on statistical analysis of the data and provides information about possible maximum/minimum values of the day (just right after the day has started) with certain probabilities.
What does this information...
Psychological level of 10k may be difficult to surpass.
I believe this is still a purely speculative market.
I also believe major profit taking will take place, at or just below 10k, bringing price back into 5000s.
Then, rebound and ranging into 2020.
* * * * *
If 10k is broken and holds, then my bias may change.
Now you might think I'm a little crazy... well your wrong I'm a lot crazy ;p
We can see price is at a strong resistance level and we are expecting price to bounce off this level and make bearish movement down to our TP and support zone before bouncing off this and making bullish movement up to that 10000 mark I mentioned a few posts ago... your welcome.
1 day timeframe.
After BTC/USD broke the previous down trendline resistance around 7900, BTC/USD is challenge the resistance at previous high (8930) and looks like it still struggle to get above that level. bullish momentum indeed while if it's managed to close above that level, as long the price action can held the...
Wow look at this chart it is so easy to spot setups... this is the only strategy you will ever need and you will make £1million in just over 2 weeks, so carry on reading!!
All the above is B#llshit if you hadn't guessed already! but this is the type of rubbish so called forex pros will tell a newbie to the markets just to sell his services and believe it or not...
Linear regression is showing strong downward pressure after the prior bull movement. Aligning with the previous closure of the weekly bullish candle price has lost upwards momentum and the final formations of a head and shoulders pattern can be seen playing out with the downward drop about to happen within the next few days. Expecting lots of wick volatility and...
An unregulated entity and traders are trying to chart. (me being one).
If speculators actually had BTC I would consider this.
I have a feeling we may see chart TA be rewritten for BTC.
BITCOIN is back to Bullish Channel , a rise to 8300 is expected within the next few days.
Possible resistance level: 8300, 8600, 8800.
Support level is lifted from 7500 zone to 7900 zone, as charting, the green zone, which may be retested after being rejected by the upper resistance.
BTCUSD , XBTUSD , BTCUSDT
Signals given by 9 Seasons Rainbow...
I previously marked up a bullish opportunity and i have attached the analysis below. Since then, price traded higher and has retraced into what i would see as a flat correction. From this point on, price has the potential to move bearish toward our take profit at 0.70752
The stop loss has been placed at 0.69010 creating an opportunity with a 1:2 risk to reward...
Bitcoin is showing some bearish momentum with potential to move down to $7128. If price does move to this price point, we may see price even trade lower after a retracement.
SL - 8118.16
TP 1- 7128.57
Hit that follow button and follow our free Telegram channel for more educational posts and signals !
Telegram - @thebricklayers
Instagram - @thebricklayer__
Simply put, price can never go straight up, it MUST retrace before a continuation as it provides liquidity.
Bull markets are built on bear blood.
with this being said, we can see that on the weekly time frame BTC has been losing bullish momentum, signified by the doji candle - representing indecision in the market.
I have marked two possible buy zones,
BitTorrent (BTTBTC) has been holding really nice. Our first wave led us to 120% profits (grow from 10 satoshis average buy-in, all the way to 22 satoshis peak price).
The retrace stopped at 16 satoshis on the 30 May, which is ~27% below peak price.
If you follow Alan Masters, you know that we rebuy and reload on the retrace 15-35% below the peak price reached....