I am left rather confused about this pair in regards to direction. I would like to think the massive sell-off stopped out the majority of support buying but there is always a possibility that price may come down again to tackle the previous low marked. I am more bearish bias than long but I have marked out both targets for those who are interested.
Right now Bitcoin is making the last correction before starting a new uptrend. Bitcoin correction finishes at 29300 or THE LEAST at 26300, which is the next Fibonacci level. I hope you're prepared to earn some money in the near future!
Btc price action for hodlers ( laziest way to get rich ) set orders at 25k-20k-14k 20k-30k price are reachable and safe and also logical for LONG HODL (months-years)
I said it touches 30,000 / now it goes up to 36,600 and goes down again / My sister and brother, proceed with knowledge.
Been a while since I posted anything as had unmerciful short I was hedged in to get out of which, due to such an amazing bull run, worked out very well in the end. Alas, moving on simple retest of local highs here and looking for a reaction from mid range support. If we are to head towards previous ATH or maybe slightly higher, I think this might be it. So I am...
Looks like an inverse H&S to me!
BTCUSD Long Trend | Buy Signal There is a resistance in the price range of 34100. i suggest that if you enter this trade, move the Stop Loss to the entry point of the trade when the price reaches 34100.
This peaceful looking man, AKA Mr. Inverted Head And Shoulders, is a stark reminder of the meditation I keep telling myself I'll start doing to deal with my PTSD. In the meantime, I'll just stare at his adorable lil face until I feel something. Life is long and hard, and I hope this helps at least one person turn their $200 stack into $300. Good Luck Nerds.
Would be my guess, I'll be watching this channel and selling at the top of the channel. Many won't be able to time the exact top, myself included so the best is to just go with the chart, ignore the FOMO and euphoria and sell the extremes.
Trying to get support of the 21MA on, the resistance made from the bearish trend is holding BTC down, but probably ETH will affect it going higher, if otherwise. After breaking resistance at 31700 heading towards 32500. Not financial advice. DYOR. Cheers!
Reasons- Downside fakeout Overall trend up. Retailers hunted down.
Hi everyone, I've done the latest bitcoin update now and I'm going to share this with you. As usual we have designed two ascending and descending plans. The first common ascending and descending target is 35,900.If this section is broken, we will leave the channel and wait for targets such as 39000 and 41000.But if you stay in our channel, we will be ready for...
According to my previous analysis on BTC () we tracked the BTC in a very nice uptrend channel, however, it couldn't resist and the channel is broken down last night... So, now we need to watch on supports and figure out the next moves... Please consider that the Supply of BTC is short and the demand of it is HUGE... So, I believe BTC is still in a major uptrend...
COINBASE:BTCUSD Pivot Point: (65 Weekly EMA) $14296.43 The long-term trend is considered up when BTC/USD is above the 65 Weekly EMA Our view: Long positions above (65 Weekly EMA) $14296.43 Comment: BTC/USD remains Bullish above the $14296.43 level—Buy on a pullback into the value zone (area between the 13 & 26 Weekly EMA) Stop-loss: (26 Weekly EMA)...
Hello Together, Attached as always is my update on the BTC price. We saw a breakout from our large Symmetrical Triangle yesterday. We are currently trading at around $31,800. Congrats to all who opened a short position on the breakout to the downside! :) Right now it seems like the psychologically important $30,000 level is holding. We are also beautifully...