Comparing last year's movement of BTC to USDT and noticed we maybe ready to bust through the 60 RSI barrier, thus signaling a potential bull run, and move to all time highs. Also noting the 428% move prior to 20g's and what a 428% move would look like by end of June 2018. Enjoy,
This is for educational review. This is not financial advice. Wanted to show that a short squeeze can move the price up impulsively on the flip, but doesn't indicate a bull market. More likely just the big boys taking retail heroes money who don't have enough margin to cover shorts. Everyone was eyeing 7500 as a stop loss but the real stop loss is at nearly 9K...
This should be the biggest indicator to any trader in any asset. When lots of people open lots of shorts they are anticipating a large price decline. I would not be surprised to see bitcoin back down to the $4000 area. Will see you down there. This is a friendly reminder from TheCryptALPHA to trade safe and smart. If you like my channel please subscribe and share!
This is my analysis on USD YEN with information on the chart along with tps with further explanation happy trading everyone I see if we hold this level and keep upwards to hit either one of the tps up then back down into our short trend , if we break the dotted line we can see 104 or 103.50 as targets
Heavy resistance met at 8200 and downtrend to 7600 confirmed with a backward trend confirmation. You might see BTCcross the 8100 line due to low volumes or a battle of bots. Anything above that is a good entry price for short selling if your exit point is 7600. The key here is to be patient. Today's bears are tomorrow's bulls. Sometimes, sitting behind your...
Bitcoin's surge seems impulsive for the moment. Don't get too confident (for bulls) or scared (for bears). This is a normal bounce since we bleeded from 12k to 7.2k without retracement. We have many resistances to break before being bullish again. Remember as well (see chart) that these longs will have to close (and thus sell). If BTC 4.30% 4.33% lacks of new...
Bitcoin's surge seems impulsive for the moment. Don't get too confident (for bulls) or scared (for bears). This is a normal bounce since we bleeded from 12k to 7.2k without retracement. We have many resistances to break before being bullish again. Remember as well (see chart) that these longs will have to close (and thus sell). If BTC 4.33% lacks of new buyers,...
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VENBTC possible short, look for confirmations on lower time frames.
Chart says it all. Just an interesting view on whats going on that you might have forgotten you can pull up.
USDCAD A.k.a The Loonie Has some Further Downside Potential. After the 160+ Pip move Last Friday on Strong CA Data and Weak US Data, We saw a huge sell off and a slight pullback. On the Hourly Timeframe we have a MA Cross and A Clean Break of the Trendline. I already have some Short Running and have now added to my positions hoping to achieve the Target 2 which...
Bitcoin: BTCUSD Trading The Breakdown The massive head and shoulders top formation that has been building since the weekend highs has been completed today. Though quite loosely defined and with two potential neck-lines lying 300 points apart at 15814 and 15509 the pattern is undeniably bearish for the next 24 to 48 hours by look of the chart. But in very near...
Entre al trade por lo siguiente: 1. Tendencia bajista 2. Respetó el 38% del Fibo, conjunto al trendline bajista a temp 1H 3. Riesgo 30 pips 4. TP 53pip 5.