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
Buy the break-out of downtrend resistance + resistance zone & sell 50% on touch of first resistance line and raise stop-loss. Sell 100% of position on highest resistance, set alerts and re-open trade on break of resistance, ride to 19-20K & beyond ATHs. Simple. Risk: Medium Risk:Reward: 2+
Bitcoin price correction and this so called "levels of artificial price" lasted longer than expected while being hold by sharks 'n' wales. When Bitcoin makes his next second retracement (which happened already yesterday), and rebounced (but not strong enough, because rebounce slightly from 9300 $ (which is "additional support level" ) You should all cashout...
As a cryptocurrency investor, one of the most frequently asked question is "(when) Should I buy bitcoin?". For me, the answer is always YES and NOW. However, for a deep understanding and analysis of the market, we should strive to find a better entry point with the information provided by the market. After a long and suffering price dropping accompanied with so...
Its a double bottom pattern... Looking for bullish now.
Buy above 14126. Stop loss at 13247. Take profit at 15391. Reason for the trading strategy (fundamentally): Bitcoin has been dropping strongly largely due to an SEC pushback that has led to several ETF proposals being withdrawn. There were several firms which were looking to list ETFs tied to bitcoin but the SEC “expressed concerns regarding the liquidity and...
BTC is sucking the life blood out of alts, and NEO is no exception. Heavily oversold on the cyclic adjusted RSI indicator. The cyclic smoothed RSI indicator is an enhancement of the classic RSI , adding * additional smoothing according to the market vibration, * adaptive upper and lower bands according to the cyclic memory and * using the current dominant...
We are on pretty solid swing low point for buy. Also D1 candle confirms that. H4 break EMA 36 and resistance acts as a support.
IMO BTC is looking stronger today, it has broken above my short-term trend line and is just starting to break above my long-term trend line. I would really like to see BTC get above and hold the 100 period SMA.
On the 8th of this month, I published a chart for Bitcoin showing how in my opinion Bitcoin had pushed way too far above the moving averages and also the long-term trend line. I explained what I thought the price of Bitcoin would do in the short term, I expected either a sharp pullback or a sideways consolidation period which would give the moving averages time to...
Someone say that btc is dead, someone that it is going ATH. So for myself looked through btc-usd timeline. As you see, every time - same things happens.
We saw a sell off and drop of over 1.5K usd value of btc in 2-3 hours, it has stopped the entire alt-coin rally, so it is essentially that we look at and watch this pair. we are looking for bounces from support level and possible market exit if falls under 16k, as there is not much support until 13-14k and things can bleed deep. then we will look for reentry.
Buy above 17541. Stop loss at 16450. Take profit at 20300. Reason for the trading strategy (technically): Bitcoin has risen further and is starting to see an intermediate reversal. We expect a drop towards the 17000-18000 area as we look to buy above 17541 (Multiple Fibonacci retracement, horizontal pullback support, support area) for a bounce and a push up to...
Hi Seildev here, We have seen bitcoins prices pulling back from highs of 16642 usd to currently 13749 usd. This is a very healthy pullback as we have seen a parabolic movement upwards in the early part of Dececember. Few things that we have learnt, that when RSI hits around 86~88, we can expect a pullback. I have spotted 3 circles in green pointing to areas...
Sell below 15995. Stop loss at 16612. Take profit at 14739. Reason for the trading strategy (technically): Bitcoin has dropped perfectly from our selling area. We now close off our position in profit and prepare to sell on the break of 15995 support (Fibonacci retracement, horizontal overlap support, bullish price action) and if price closes below this level, we...
Sell below 17459. Stop loss at 18770. Take profit at 14739. Reason for the trading strategy (technically): Bitcoin has reached our selling area and is reacting off it nicely. We remain bearish looking to sell below 17459 resistance (Fibonacci extension, bearish price action, bearish divergence) for a drop towards at least 14739 support (Fibonacci retracement,...
The price action of BTC on Wednesday and Thursday was crazy and unsustainable, BTC over the last two days has been pulling back, this chart shows my thoughts on where BTC may be heading.