simple trade plan based on recent price action...we havent gotten a FULL BULLISH CONFIRMATION, yet....
but we're pretty close and the long term BULLISH POSSIBILITY AT THE END will make you :))
Follow up to my video from a day and half ago and price action did play out as expected. We saw a pull back to the 200EMA and bounce back up to rest recent highs of around $11,300ish.
The main point of the video is to talk about how I determine targets based on trendline breaks and measuring those moves. Long term... looking like 25K is in play if what i...
BITCOIN JUST SURPRISED ALOT OF PEOPLE AND BROKE THE TRENDLINE AT A VERY STRONG RESISTANCE LEVEL.
THIS MAY BE THE NEWS THE BITCOIN BULLS WERE LOOKING FOR...11,700 here we come!
We have a great level to watch here on BTC, right around the $11,500 area it's either headed higher on a break out of the channel or headed lower to retest some of those lower missed levels. Technically it's still in a downtrend on the longer term, we'll see how it plays out.
Happy trading!
Here's a technical video presenting a Bear and Bull scenario for today's Bitcoin chart.
Bear Scenario ==> We could be in a Bull Flag which could bring us down to 4k area.
Supporting Data :
(1) Historically the shortest retracement period for Bitcoin has been 75 days or 2.5 months. The average retracement is much more proably about 90 days. From 20k to 6k we...
Bitcoin just double topped at a massive resistance trendline and seems to be rolling over...
This video explains what might be next for the leading cryptocurrency.
After many requests and very nice price structure on BTC and ETH I decided to make a new video update.
It looks like cryptos are turning, but to make sure we go higher it would be nice to see NASDAQ100 turning up as well.
Check out video for more details.
If you see value in video please like this video or leave me a comment below.
thank you.
Grega
Oh, and...
I have been previously bearish on bitcoin but now the market has a different tone.
We are now looking for progress on it's movement in the coming days as it has hit a resistance + 32.8% Fibonacci retracement + -61.8% projection.
This is from a purely technical standpoint so any players who are willing to take the risk should always follow strict risk management rules.
Hey Guys... Quick updates on BTC/USD and my opinions on what price action is currently doing. So in my last video, I mentioned I thought we would hit the 11K mark and would likely see a pull back from this level. 11K was hit and we are now seeing that pull back shape up. The ? is how far back will price move.
While price can always keep moving up, I do...
Hello Trading Maniacs
Bitcoin is approaching the resistance line from the previous downtrend channel - Now, what to do? This video explains what will happen when we touch this line. The people who are still waiting for BTC to fall to 4000 soon, are the ones waiting for the Rolling Stones to make a comeback. Somethings just don't happen in the near future. (It...
In this Video Chart I just wanted to introduce new traders to another shiny tool they can add to their toolbox. I think for even the smaller time frame traders, looking at trend direction on the higher time frames like the daily is important to give bias to your positions. Because Renko bars are based on price and not on time this helps clear up all the noise of...
Well, after many weeks in agony waiting to see what Bitcoin actually does, I believe today is the day for me to pull the trigger. On this video you will hear about all the indicators yelling bullish signals. This inverse head and shoulders was confirmed for me and completed when it broke the neck line resistance on Valentines day Feb 14th, 2018, indicating a...
BTC finishing out the week quite nicely... above 10k at the moment, which is overall positive for BTC in my opinion and hope that upward price action continues.
However, in looking over some depth charts on exchanges, I think we'll see some decent selling pressure at the 11,000-11,300 are that may push price back down to 10k-9.5k before we see price action...
Howdy Yall!
Today's episode is special in that its the first time we talk about any other asset other than BTC! We go over LSK and XLM in the short term, and we talk about the medium term for BTC. We do take a few moments to talk about short term trades with BTC; and how we should plan our attack for that. I'm not convinced today looks like a promising day for...
![BTCUSD: [BTC/USD] BITCOIN-ALL INDICATORS LOOK BULLISH NOW! BEARS LOST!](https://s3.tradingview.com/m/Mc19wUwj_mid.png "[BTC/USD] BITCOIN-ALL INDICATORS LOOK BULLISH NOW! BEARS LOST!")
