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So, what is going to happen next with Bitcoin (XBTUSD)?
Now I share analysis of the EMAs that I learned through experience... Here is the sequence:
1) XBTUSD (Bitcoin) breaks below EMA50 on the 9-May, by the 13-May XBTUSD is back above EMA50.
In this case, EMA200 was hit (brown...
Here we are SHORT now with XBTUSD (Bitcoin) and we are going on 8X... Let's have a quick description of the above setup.
1) First, we have the higher low which we mentioned in previous articles.
2) Prices are now trading below EMA10 and we have decreasing trading volume, going lower and lower.
3) A recent rejection of prices while they tried to move and close...
Here I've mapped the Bitcoin (XBTUSD) chart for you.
First, notice the trendlines...
We have a lower high.
EMA10 being challenged as support.
Indicators trending down.
Bounce completed.
This setup can easily lead to lower prices.
Make sure to have a plan if you decide to trade.
This is not financial advice.
Namaste.
Bitcoin nous reforme potentiellement une structure de TOP avec arrêt temporaire de la dynamique haussière avec des Higer high suivie de Higer low qui se transforme petit à petit en une structure de Lower high et lower low.
Invalidation de ce setup si clôture au dessus des 9.800$ selon moi.
Souvent les grand mouvement de marchés se font le week end et celui-ci...
HI guys
-Due to the collision with the middle line of the canal, the probability of a high return and, of course, the price has reached 0.5 Fibonacci, and its first target is currently 6100.
-Due to the growing population of people with corona and the world's economic inflation, the likelihood of a Bitcoin crash increases.
Thank you for liking my posts and...
Bitcoin (XBTUSD) continues with a slow but consistent recovery from the strong mid-March drop, prices hit EMA50 ($7302) today.
EMA50 is an important level in the daily timeframe, breaking above it can send Bitcoin higher up.
Right now prices continue to increase but the trading volume is still low, so we need to be cautious as things can turn fast here with...
When looking at the daily we see 3 dojis all of the same size, this happens very rarely on the daily and weekly, the last time we had this pattern was at 10.4k (tip of the last bull leg) Other times I saw this on the daily for Matic (had huge dump) and also on ETH, at around 310, (ended up dumping to 110 shortly...
Bitcoin (XBTUSD) recently closed below EMA10 and now also EMA50 has been broken as support... With this break, prices can easily move lower and hit $5660.
If $5660 breaks (red arrow), then prices can go even lower and hit $5250/$5300 short-term, depending on how this level is handled we can look for the next move, at that time we can share a new analysis if you...
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stop loss: 127
target: 148
profit: 9.8%
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Here we are looking at Bitcoin (XBTUSD) on the 1H timeframe (Short-term).
Prices are moving lower within a broadening falling wedge.
Trading volume is still low so this move is yet to develop.
The indicators are trending down/lower (RSI and MACD).
Prices for Bitcoin (XBTUSD) can drop (red arrows) before moving up (green arrows).
Multiple scenarios are...
