0.5 fib level broken, next target on the table very probably 0.618 fib level.
After recend free fall down, Bitcoin find support on weekly 50 EMA.
Bitcoin was hold at 0.382 fib level from 2019 high which btw. confluences and is also 0.382 fib level of the ATH. The pink line being the 12-hour 200 EMA and the yellow line being the weekly 21 EMA, both of them are strong support around those levels. The weekly 21 EMA might probably soon get re-tested as it holds significant value for a bullish asset coming back...
So far the 12-hourly 200 EMA is holding, for how long and will it go down testing the weekly 21 EMA currently around the 9350 level?
History doesn't always repeat itself but it does influence probability. The past has shown that BTC tends to test the weekly 21 EMA during up-trends. This is widely known and talked about. It's yet to do that during this run and has now risen to a level of immense interest and confluence: It's just below the major support of 9450 for the entire formation that's...
Descending triangle inside a descending triangle, showing current trend for support and resistance.
Bull flag not completed. Bitcoin approaching parabola's boundaries. Entry level is 12400$ per btc.
The best bitcoin trading plan is to be always a head of each scenario and plan accordingly for best reward to risk ratio trade entry . we are looking forward for the daily candle to close , if it shape doji or shooting star most properly we will follow my last post and its related out comes if not then we need to consider any of these possible scenario and...
Wedge Pattern indicates a breakout soon. World instability and institutional investors pushing price ...
Bitcoin small up trend (For Couple days) maybe target is $11800 Correction zone 0.618 Fibo: $10130.00 --- If you are trading Bitcoin, my recommendation: Buy Limit = $10150.00 — $10200.00 Target zone = $11800.00 — $12000.00 Stop Loss / Stop Scenario = $9040.00 --- After that i see next moving down and use Global Plan $7000-$7500. Global Plan (Bitcoin):...
I'm sticking to the trend and saying that Bitcoin is still correcting. After looking at the daily chart, I noticed that the price action was catching resistance at the dotted white trend. This acted as support on the daily candle two weeks ago. But since we broke through this support level, we must consider it as a probable resistance level. If the price manages...
Bitcoin (H4) - Elliot Waves (July 18, 2019) Exchange: Bitstamp Target is: $10400.00 - $10500.00 Correction.
Bitcoin small pump :) for today to $10500 (July 18, 2019) Exchange: Binance Time frame: 1 hour Pattern: Bull flag Pattern: 1, 2 impulses (same size) Pattern: Fibo, 0.618 correction. Target zone: $10400.00 - $10500.00 Yesterday Altcoins began to recover. domination index falls.
Bitcoin (for coming days - Scenario) Target 11300-11500 and .... From Limit orders (Binance) All information i'm provided in Public Telegram Channel and Closed Group Target is: $11300 - $11500 Next target for down: $9800-$9500 Strong Support: - $9800.00 (wall) - In Progress - $9500.00 (wall) - In Progress
Why? Bitcoin — will the collapse continue? From $12000 to $9000 1) Bitcoin CME Futures We have one Gap from $8500 - $9000 in 95% of cases, the market usually covers such gaps with the shadow of a candle or the body of a candle. 2) FOMO right now is maximum and EXTREME GREED Bitfinex Longs and Shorts: Longs = 82.70% Shorts = 17.30% when you see such a...
Wedge morfed in an inverted head&shoulder with its neckline leaning to the right. It borke out quite good. Target is mentioned into the chart. You better move your stops fast with this one. Medium term I'm neutral.
Why i see fall price for Bitcoin? 1) Bitcoin Futures CME: We have last one gap on the price $8500-$9000 2) Longs/Shorts - Bitfinex Longs = 68% Shorts = 32% 3) FOMO + Crypto Fear & Greed Index have status EXTREME GREED = 76 4) Bitfinex, Binance You noticed that as soon as the start of marginal positions on Bitcoin bitcoin occurred with 14k it flew down. In...