BTCUSDT

7 Times in this region and each time we have gone in either direction, RSI looks like we could be overbought recently and we could be ready to test the 20 & 50MA (Yellow Box) - Lets keep an eye out on this but i do believe a retest is the most possible outcome.

As BTC falls, we evaluate the levels we could be seeing, 50MA acting as resistance and looking to reach the Red Zone after we break the Green zone coming up. MACD has crossed aggressively to the downside.

I have marked in some of my 'working' to show you why I placed the modified Schiff the way I have (green lines show the placement). This highlights the possibility that we have already broken out of resistance and could head to the next area of resistance.

In the last idea, we defined for ourselves the framework of a market model, such as a "triangle". The price of bitcoin is moving slowly, which gives once again and a reason to think about the current picture. No matter how much the majority of market participants wish, we are inclined to the side that the price does not fall below 5900. At the moment there are ...

BTC Found support at $6550 and is holding well, If we breach $6500 we could be heading towards $6200 region, but expected to keep the curve moving upwards and possible retest of $6750 (Purple Line) which could send us back down slightly but the curve could make us push on towards $6900 (Green Box).... If we drop towards the $6500 region I would get out of any ...

BTC has reached the end of a descending triangle and is sat at very critical support. The last support in fact, from October 2017. If BTC breaks this support and death crosses the SMA the next line of support is around 4700. BOUNCE OR DIE BITCOIN. I'm long right now but will keep an eye. If BTC follows this idea I will short the arse out of it and then buy as ...

While everyone screams FUD and manipulation, I've been calling this breakdown for days lol. Pretty clear where this is going if we have our MAs crossing. Previous daily analysis: https://www.tradingview.com/x/CV6jQNyu Current daily analysis: https://www.tradingview.com/x/c8Xqombe/ Previous ...

Bitcoin has had its first healthy move up in a very long time. As you can see in our other previous rallies of 2018, each rally has had several $1000 daily candles. Now we see a slow and steady climb up which more sustainable, continuously making higher lows and with each dip getting bought up quickly. The bulls are now approaching massive resistance, which I will ...

One of the most simple, basic and effective trend analysis is the volume/trend analysis. BTC shows the typical and strong exhaustion phase in late 2017, with price surging quickly and culminating in a parabolic blow off of equal proportion (volume). it can be appreciate the the similar action back in 2014, which culminated in a massive blow off followed by selling ...

I'm long average entry around $6600 - here's the kind of thing I'm expecting. Invalidated if low at C is taken out. Will likely manually close before that though. $BTC #Bitcoin

bitcoin bounced off its long term support, there are 2 options, we could be sat in the accumulation zone of 6400 for a while or be continue the trend and slow decline to below $5000 now what is even more interesting is BTC below $500 would open the doors to a huge cup and handle so keep your eyes peeled, this is the best case scenario!

Longer outlook opinion. With little hopium left, i honestly see a 5k test coming within a month, with us hovering around that range untill the 30th Sep ETF decision. If denied(which i believe it will be), 3k BTC support to be tested. I will be sure to play some bounces on the way down though. Both of these bitcoin horizontal supports also line up with nice ...

I am seeing a lot of similarities between the last 1-5move up (April/May) and this move. I think that this 'dump' has been too severe for btc to have ended the impulse already. Generally, from a psychological analysis, the ACTUAL tops have people believing there is more to come. Therefore, the sell-offs don't actually happen as fast, as people keep 'buying the ...

Short term symmetrical triangle. Neutral until broken. Wait for a DECISIVE hourly close above or below these lines!

BTC looks to be finishing up a 1-5 wave structure. I believe it will end at this 1.0 line but of course could extend to the 1.618. If it finishes at the 1.0 line (or thereabouts) it will more than likely form a bearish divergence from the top of wave 3 on the RSI. The bearish divergence will be apparent on the 4-6(+) hour charts. This will either now become 1-5 of ...

After this weeks pump to the $7600 region i do expect us to make a pull back now, or after reaching $8200 max. After this pump i do see low $5000's incoming as a correction, as $5700 BTC support is already beaten up and cannot see it holding again for long. This idea in my opinion will be invalidated if a positive ETF approval for Bitcoin is made. I foresee ...

I have counted a wave 1 down. I have now also counted a subwave 1,2 within the wave 3 down. Let's see how this plays. BTC is also hitting hard horizontal resistance after just hitting Intra-yearly high RSI levels. Time to cool off! These waves are just projections to show the sort of thing that could happen, not actual targets (apart from the 1.618 of subwave 1, ...

Looks like an ascending triangle. This is a bullish pattern. However, when we were still finding our recent lows 3 ascending triangles broke down in a row! So, they haven't always turned out bullish. I'm not completely sure about this one because I haven't seen any of them taken this close to the end of the trendlines before. A break should be very soon. Look for ...