Everyone on TV is predictably long BTC. So, naturally, here is my short. Supplementary reasoning: Most people who trade BTC will be out trick or treating and partying this week, so big speculators (are there any in BTC?) will run the market to a new low. "The safe way to double your money is to fold it over once and put it in your pocket."
Hello to all watching my charts. No after the big fall yesterday i think we should have a closer look to the big picture, cause in shorttime its all Short , all of my channels show me "short" of cours. So have a look at the picture. Where are we now ? We had a break of the long lasting LONG trendline 4 weeks ago in September. That has ocurred the first big...
Bitcoin did a massive rally from 3200$ to 13500$ in anticipation of BAKKT Trading Launch. Bakkt trading has launched last month, and Bitcoin also broke down from the descending triangle formed on Daily Timeframe. After 2/3 Months of sideways movement, bitcoin broke down from 9400$ and HIT recent swing low at 7730$ Last Month. What to expect from Bitcoin in this...
In general, my view of the situation has not changed, since I still expect a decrease to ~7200-7500$, with a further failure to ~6000-6100$. But based on the current situation, we can mean a scenario with a long of ~9000-9500$. Bottom line: We have a level of $ 8650 which currently holds back buyers' pressure, and have a level of ~9300 as support for the previous...
Hello, Traders! Monfex is at your service and today we overview BTC/USD . Bitcoin in a short-term is able to reach the resistance zone, where the price will meet with MA200 and it will be possible to consider the short position. But an indicator analysis is currently negative. A rejection of this idea will be the surrender by bears of $ 8350 . Resistance...
Hello, Traders! Monfex is at your service and today we overview BTC/USDT . Classic behavior for this flag pattern and we have the target of $ 6900 - 6750 zone. But we can see by RSI a bullish divergence that can push this price to the resistance zone and from it will be supposed a good moment to short! The resistance zone ~ $ 7730 - 7800 Supposed ...
The most popular cryptocurrency opened the new week by climbing above $8,300 during the day. Bulls, however, were once again rejected around the lower end of the mid-$8,000 levels and fell back to $8,208, closing the session in red. A similar thing happened on the next day, Tuesday, October 22 when the BTC/USD pair peaked at $8,323 during intraday, just to end up...
BTCUSD reversed off its resistance at 7578.5 where it could potentially drop further to 6947.1. *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 Commission (AFSL...
Lets see the following few days.
Does volume precede price? Well, let's see how this goes in the long-term. Bakkt was a total failure volume-wise. Bitfinex & Tether risks a 1.3 Trillion $ Lawsuit Binance copy-paste Bitmex then, affirms that Binance accepts AliPay, AliPay denied and signs of government corruption are pretty high. Tether keeps printing unbacked USDT and their project LEO...
At present, we have a lot of longs closed in the footsteps, as well as the liquidation of marginals. The percentage of fear is currently at a high level, and few people want to buy. In the current situation, consolidation occurs, an upward rebound is possible (impulse correction), and then further with the greatest likelihood a repeated wave of decline will occur...
BTC Luego de cumplir HCH en 1D rompió soporte con posible pullback a 7.700 y targets de: 7.200 / 6.800 / 6.600
We are looking at a very critical point of Bitcoin/USD. If it drops lower than 9300 USD, first target is 8775 USD. Than 8200 and 7500 respectively. Long uptrend is badly broken. 9400 USD is a critical horizontal support but I think 8700 USD Bitcoin is imminent.
Everytime bitcoin has came across the Golden pocket also known as the 0.618-0.65 fib we dumped. What is stopping us from doing this time? We hit the Golden pocket these dates where price dumped: 3rd of May 2018 27th July 2018 02st September 2018 And now 26th of June 2019. If this is true, this would Btc to a target og 2-3k.
In Short BITCOIN BTCUSD have been allen below all support NOW 7480 Dont trust and indictaor which tell long Thats NOOO LONG at the moment. Good trades Renkotrade
hi guys, welcome to another analysis of btc. first, i have to say, i cannot explicit how bearish btc has been, having not testing what it should have. most of the times, when btc falls down under 200ma daily, it tests 200ma, closes above, tests upper zone to 50ma, now at 9k areas. however, at the point now where btc has 50/200ma death cross looming, this...
BTCUSD bounced off 8000.1 where it could potentially rise further to 8719.0. *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 Commission (AFSL 414530). Pepperstone...