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10k

10k Again?Not really a fractal but a general comparison for a potential outcome to this pump. Fractals alone are dangerous to trade off. As recently as our local bottom, there was a fractal that did not play out. Regardless of the validity of ETF hype (personally very skeptical), I think it's reasonable to expect a retrace to coil for another pump to test the 200 MA using the ETF as psychological fuel. From that point, we could fade out in a rising wedge or blast off if the ETF news is positive.
BITFINEX:BTCUSD
by bojinas
BTC Ih&sPossible 3 month head and shoulders forming on BTC. Price currently in right shoulder, reaching the same highs as the left shoulder (~$7.8k). Expect price to bounce off this level for a few days, before a short pull back to 7.0-7.2k. This pullback would make sense given that daily RSI is currently touching oversold. If this pullback occurs, I'd expect a quick bounce off it given that bears have struggled to break the 7.2k support levels in the past week. Price should easily break the current 7.7-7.8k levels then, also breaking the neckline of the ih&s. From this point, bulls will have to break through resistance at 8.4k, 9k and 9.4k. I fully expect that these levels will be broken and price to reach the early May highs of 9.8-10k. Fingers crossed from there that we can have the pyschological euphoria of crossing 10k again for the first time since March
BITSTAMP:BTCUSDLong
by jl1998
10k by august10k by july: Green bar shows strongest long term support, I don't think we will break below it but I could be wrong. Strongest resistance shown in red, over the last 4 months they have been hardest to break. The white lines indicate in theory how early/late we could breakout to still reach 10k based on the move from long term support to 10k in early-mid April. It is very important that we break out of the descending trend from recent highs of 10k at the start of May shown in yellow.
BITFINEX:BTCUSDLong
by tobymortimer
BTC MORE DOWN SIDE?!?!OMG Hey guys so far btc has had a nice drop in price, and i am expecting more to come , because ... 1. On the daily I see resistance at 200 ema 2.Bear flag formation 3. It plays well with Distribution phase of Wycoff's Idea. It Might not play out exactly ,but this is just a sense of direction ,and price action you might see. If you have any ideas that might support or oppose my idea please comment and post you'r idea . stockcharts.com - if you are interested in learning a little bit of what i illustrated.
BITMEX:BTCUSD.P
by jamen.mylion
1
BTCUSD - Same Player Different Story | 10k are you coming?With the breakout of 9.3k (blue region) in 3rd of May we still on our road to 10k. If we see a closure above 10k you can follow the scenarion shown with red arrows, and expect the green region for our next target. Important tweet; Charlie Shem: "May 2018 will be the last time we ever see #bitcoin under $10,000" CryptoCholics is out, peace out! Disclaimer: This is not a trade advice, every trade is at your own risk. Note: You can follow our alert channels and all social media groups by searching CryptoCholics in the Internet.
BITFINEX:BTCUSDLong
by KaptanFantastik
Bitcoin bulls catch the bottom at $8950? Bitcoin bounced right off it's midterm support at $89xx and recovered close to 4.5% of its recent pullback after it failed $10k. 7d MA is on its way back up to cross the 20d MA on the 4h Heikin-Ashi showing a good indicator that this short term bear trend reversal is coming close to its end. If BTC can push back thru $9400, it should be back to retest $10k by the weekend. There is an interesting resistance intersection at $96xx so if BTC fails anywhere from $9400-$10k, we will see a test of the $8750 trend line then $8200
COINBASE:BTCUSD
by TheRealVSky
BITCOIN: expected retrace from the 10k lineAs many predicted.. if we dont break the 10k line we will have a possible retrace down to 9.4 - 9.6k. Im glad the support there did hold for now. If the regresseion trend patterns will repeat, we will observe a 10 to 15° uptrend for the next 3 to 5 days. That means we will break the 10k (psychological barrier) in the coming days. I expect a small retrace down to maybe 9.8 - 9.9k BTC after we saw 10.2 to 10.3k. My target of 10.4k - 10.6k still remains valid for the coming consensus 2018 conference mid may. Check out my other published ideas for this. Im bullish on btc and the crypto market as a whole. I think.. the moment we break 10k and can hold it, will be the signal to go pass 11.6k and close this massive double top (20. february and 05. march ) for sure!
BITFINEX:BTCUSDLong
by MarkiMark_1559
Ascending Triangle forming - Breakout againHi everyone, A quick update on bitcoin. Bitcoin seems to form an ascending triangle. See reference here: swing-trading-strategies.com If you check the hourly RSI you can see that the first dump was hard, the second one was soft. Alot of buyers can be spotted in the second dump - green candles - aka accumulation . You can see that selling pressure diminishes. I think we are almost ready to pump again. Please remmember that this is just an scenario. Do your own research. Humans make mistakes. Greetings, Vincent
COINBASE:BTCUSDLong
by CivilisedWolf
6
Btc no Trade ZoneHey guys , while Btc is trying to get back into the larger trend, so far Btc is facing resistance at 200 ma which is a physiological price level as well '10k' ,for a bullish scenario we need to break high with great force above 200 ma , test the trend line for support and reach 11330 target ,but we are loosing positive momentum on the daily ,and the daily Rsi looks like its over bought, if we get rejected at these levels and fail to hold 9070 level, we can possibly retest the Re accumulation zone.and failure to hold that area, means that we will loose the move that brought us to the high, and that is very bearish signal,.
BITMEX:BTCUSD.P
by jamen.mylion
1
Bitcoin back to 10,000?Bitcoin could go back up to 10k and above if the inverse head and shoulders completes. We also seem to be in the 3rd wave of an elliot wave which could also send us up to 1ok. The cross in the blue and red lines indicates a bearish turn but since its above the cloud its a weak signal. The dmi shows not much momentum but more so to an uptrend and the macd looks like it could cross soon which should mean the completion of the third wave of the elliot wave. i dont really know what i am doing so take this with a grain of salt. any help with correcting my ta would be much appreciated
BITFINEX:BTCUSD
by stickurr
1
Bitcoin should potentially reach $10,600. My first stab at using Elliot waves. But if I have identified the 1st and second wave correctly on the hourly chart, $10,600 is definitely a possibility. The 3rd wave should hit $10k which is a well rounded figure and a psychological barrier. There should be some profit taking around this level. The 5th wave should hit 0.236 fib levels. Then we should see correction waves a,b and c bouncing on top of the upper downtrend line. This should technically end the downtrend. GG This is what I currently see. But please feel free to give me feedback on the waves.
BITFINEX:BTCUSDLong
by GBBBKSA
BTC back to bull, next target 9200-9300Dear Crypto friends, BTC is back to the bulls zone! Out of the mud back heading to the sky, BTC today did to nice green leg providing a very positive +6% to yesterday close. EMA 55 still okay, volume high and probably finishing the 3th wave, BTC is looking well this week!! Let see if it outperforms to the 10k major target to the major resistance! Of course we will have a small correction to 8600 but then the 5th wave should start- *this is just my opinion I'm not a professional advisor! Make your choices wisely and manage your risks!
BITFINEX:BTCUSDLong
by thegio
BITCOIN: CRUCIAL HOURS!The price has broken down the bearish trendline represented in red colour, generating a strong bullish impulse and then starting a lateralization phase. At the moment it is racing the resistence and if it broke the resistence down a bullish movement with a target of 11,000 USD might happen. However, pay attention to the negative divergence between the price and the R.S.I. that is a sign of weakness of the price. If the support at 10,000 USD of the lateralization area was broken down, a further retracement at about 9,800 USD might happen.
BITFINEX:BTCUSD
by CryptoSphere_TC
BITCOIN: CRUCIAL HOURS!The price has broken down the bearish trendline represented in red colour, generating a strong bullish impulse and then starting a lateralization phase. At the moment it is racing the resistence and if it broke the resistence down a bullish movement with a target of 11,000 USD might happen. However, pay attention to the negative divergence between the price and the R.S.I. that is a sign of weakness of the price. If the support at 10,000 USD of the lateralization area was broken down, a further retracement at about 9,800 USD might happen.
BITFINEX:BTCUSD
by CryptoSphere_TC
BTC..YOU SHALL NOT PASS.. under 10k! or shall you?!Just playing with some lines on daily chart and I see some resistances around 10k. Very curious how this will play out in the next days. BTC under 10k or above 10k? R1: a not so strong resistance from the past (blue line) R2: kind of an upward trend resistance (orange line) R3: EMA 150 resistance? RSI looks like it will go above 50.. it has room to grow. MACD looks like it's going above 0.. has room to grow. Just wanna see how this plays out.. BTC under 10k or above 10k?
COINBASE:BTCUSD
by minson