As the world is bullish on bitcoin, I see just the opposite. The pullback phase hasn't died yet and I call for a drop to 8200 support level on a short term(4HR-1HR). And Even further drop to the crucial 6200 support level in until next month(4Hr-1D). In my other post(check it out,BTCUSD long term analysis), I called for 5100 levels as the lowest the bitcoin could...
Is it just me or does this marco time frame set up look sexy as hell?! Bitcoin has been in a massive bull flag set up since hitting the June high of ~$14,000. But after it touched coveted .618 Fib retracement mark, BTC jumped 40% through the downtrend it had been stuck in for 4 months. This large move may be indicative of a reversal in trend and we may be early...
Bitcoin has been trying to break 9500$ resistance for 11 days. Bulls fighting against bears. At last, one of bulls or bears will show us the next move. if bears conquer bulls, the path will be a downtrend and vice versa. so the question is how to predict the winner of this fight? bulls or bears? I have some evidence that shows bears are exhausted. Take a look at...
BTCUSD expected to rise up to 1st resistance at 9751.5 where it could potentially react off and drop down to 1st support at 8302.2. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
Important Support : 9160 - 9060 - 8950 and then 8750 I am eyeing.
I am expecting BTC to drop to the last support zone of $9160
#BTC Locally, we still have room to grow. But while I wait for the decline to the level of support. I advise the strait to buy. Now you can go to SHORT
The removal of the longists was now possible to go down. But there is one thing, a gap that was not blocked by CME! closed in 5 min, with strong take-out and quick return. If we now look at the technical part and the indicator one, then we can rest but grow.
BTCUSD expected to rise up to 1st resistance at 9780.0 where it could potentially react off and drop down to 1st support at 9100.0. *Disclaimer.* Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and...
Bitcoin is moving in the typical algorithmic flow with a Wyckoff template. We had swing high in the larger weekly structure (thick brown borders) which immediately produced an expected downward correction. This corrective move manifested itself into a descending triangle, which ultimately broke down on Sep 24th on a high volume selling day. It dropped to the 61.8%...
I think the next several hours will be mostly bearish. Good time to short.
BTCUSD reversed off its resistance at 9751.5 where it could potentially drop further to 8302.2. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
BTCUSD to reverse from its downside confirmation at 9100.0 where it could potentially drop further to 8575.0. *Disclaimer.* Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments...
Bitcoin was quite volatile on Thursday, October 31 and was trading in the $9,444 - $8,958 range. Surprisingly, we saw almost no change in price as it only lost a few dollars to stop at $9,148. The coin was 11 percent up in October and successfully formed its first green candle on the monthly chart since June. Bulls reminded for themselves on Friday, November 1...
The bearish triangle generated a double top that is now testing the last resistance. The graph is difficult to read and quite different from the one relating to the BTCEUR which I observe by comparison.
Representation of cryptocurrencie in multi time analysis. Take into account that this is a choppines currency so be carafull and dont get too much risk.
2 support lines worked well for now. Hope you added some bitcoin below MA200 Zone (I did). Bullish
BTCUSD: D - BEARISH TP - 5800 - 3500+ Pips #Forex @TradingView Point A: 11500 Point B: 7300 Point C: Entry - 9500 Point D: TP - 5800 SL - N/A