Target 7.8k Setup on chart.
Hello Traders, As you know we are in downtrend channel for months, this pattern should breakout from our current downtrend channel which is very hard to achieve. If you want to go long position you should check other chart too. Target : 10k Stop Loss: 6050 ( below 6050 invalidating our pattern)
Update. The price in the near future will form a triangle in wave (iv) or a wedge in wave (v).
The price of bitcoins is adjusted in the local wave (iv). We recommend to buy with targets of 8600 and above. Stop Loss 6600.
Hello guys On this Chart, I look at the charts of long and shorts porisitons on the Bitfinex exchange. We can see that a large number of short positions are now on the market, most of which should close when we are reached first resistance. BTCUSDSHORTS There are two reasons for closing the shorts: The first one is closing short trades with a large upward...
Short In Range. OR Long In Range. I will keep guiding throughout the trade. Keep following.
XBT, we are due for a breakout. Picture shown below does most of the talking. Check this chart out
Since my last (from FEB 19) idea regarding BTCUSDSHORTS and LONGS, there has been a lot of psychological manipulation in my opinion The goal is to create a short squeeze thus doubling buy volume to reach a very high (5000 range) btc target. SHORTS seem to be near a critical amount AND LONGS are at a vital last stand for massive opening of positions. This is about...
Just as i predicted!
as per my comments yesterday seems we might see the small reversal i noted. now looking at it it might not be as big i as analysed. either way, any sign of bullish momentum, make sure you catch it. See previous analysis PLEASE SUPPORT THE MOVEMENT WITH YOUR LIKES, COMMENTS AND FOLLOW FOR MORE
COULD THE BULLS FINALLY HAVE THE WINDS BEHIND THEIR SAILS? TIME WILL TELL TRADE SAFE See previous analysis PLEASE SUPPORT THE MOVEMENT WITH YOUR LIKES, COMMENTS AND FOLLOW FOR MORE
BTCUSDLONGS are brake-point high. Expect a Bart move play out. 90% of the people at TradingView are in contradiction to this. In addition, a bearish divergence is building up on the Bitcoin chart.
BTCUSD critical point comes 3354-3215 is previous demand zone. If the seller failed to break new low, we can buy. Good luck all you guys!
BTCUSD looks like it'll soon follow ETH in its bullish moving ways. ETH has broken out of an ascending triangle, after being bullish at resistance. BTC is painting a similar picture, and I fully expect it to do the same. The targets are highlighted above. We're looking good so far. Ultimate Target = $5500
This is what I expect BTCUSD to do to start the New Year off We are still quite oversold on macro timeframes, and this Inverse H/S everyone is watching is painting out like a work of art. This is what I expect to happen. In the event the price breaks through the neckline (~$4300), long the bullish retest and enjoy the gains up to $5500! Happy New Years!
This is a smaller time frame bullish continuation pattern that seems to be playing out. Look for a touch of $4200+ This recent move is extremely bullish. The macro inverse h/s is surely playing out with a bigger target of ($5500). Keeping things simple. Stay safe.
BTCUSD painting a very clear Inverse H & S pattern, on a fairly large time frame. A bull's dream in the making. All eyes on this, to see if it plays out, we're 75% through forming this right shoulder A target of $5500 in sight if this works out. Keepin' things simple Trade Safe, Happy Holidays!