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9seasonsrainbow

Bitcoin - Which side are you on?Has Bitcoin Decided the Next Step? Wait for a breakout, if you preferred confirmed signals. Signals: Red-> Green * 4 Blue in high level time period. Structure: Still in the middle, a breakout of the border is confirmation. BTC , BTCUSD , BTCUSDT ,BTCUSDTP, BITCOIN ,CRYPTO,CRYPTOCURRENCY DISCLAIMER This is only a personal opinion and does NOT serve as investing NOR trading advice. Please make your own decisions and be responsible for your own investing and trading Activities.
Long
by go8686
Bitcoin A Structure Is HereSignals: Blue -> Fuchsia -> Blue * 3 Waiting for Confirmation: Blue -> Green, or breakout the upper border of the structure. Possible Demand Zone: 30000-37000 Signals: Blue -> Fuchsia -> Blue - wait for Green of Confirmation Structure: Watch for breaking out the trendline. BTC , BTCUSD , BTCUSDT ,BTCUSDTP, BITCOIN ,CRYPTO,CRYPTOCURRENCY DISCLAIMER This is only a personal opinion and does NOT serve as investing NOR trading advice. Please make your own decisions and be responsible for your own investing and trading Activities.
Long
by go8686
4
Quickpost: Dash to more than double before next major pullbackGreetings, a lot is shown on the main chart and there will be one more chart in the post. Analysis Nested structures are performing Falling wedge target is Hight of the wedge Triangle target is just shy (measured moved not shown for simplicity sake) Flagpole Target will get us most of the way to full target at the orange trendline 9 Season Rainbow explained on the chart. Deeper explanation found here Wider Shot (monthly) MACD EMAs about to cross bullishly My training and experience leads me to see a rejection/consolidation at the orange trendline Likewise, expect the orange trendline to be broken and then tested as support Closing remarks Money is: Store of value Divisible Fungible Unit of Account Bitcoin seeks to be money with an emphasis on store of value. Other coins want to be money but don't empahsize the store of value, they focus on the the fungible/divisible aspect. These are the currency coins and when BTC slows down they will take off as a replacement currency for failing fiat. Just as the normal pattern is for Gold to move first and then silver to over-perform, BTC moves first and then the currency coins like Dash move later.
KRAKEN:DASHUSDLong
by This_Guhy
30
BTC.D Looks ready to beggar altcoinsThe chart is pretty simple and most the details are already on the main chart. Triangles are some of the easiest patterns to recognize and some of the worst at meeting full performance and are the most likely to bust if they are not nested in a larger macro structure. The pattern recognition is easy, we have three alternating points of support and resistance. Due to the size of this ascending triangle there is no larger structure. At the blue 3 we see that BTC.D is at double support, both the top of the channel and the rising support of the triangle. Triangles are the most likely to bust but since we are at double support I feel we have a good chance of increasing our odds to the upside. Target area is of between the 0.618 and 0.786 fib extension levels but there may be the basic price action behaviors, such as going to a fib extension and pulling back to retest the neckline as support. A zoom in of the channel with the nine season's rainbow shows we are getting some basing behavior as determined by the indicator showing blue. The light red indicates selling is relatively weak. Read up on the indicator here: The standard indicators are showing a massive amount of hidden bullish divergence on the daily. which is a great place to be if we are forecasting BTC.D will go up. MACD very likely to have a bullish cross and the histogram is divergent to price. Generally speaking, if RSI hits over-sold on the daily with hidden bullish divergence there is a strong chance that there will be a move to the upside. Below are the times that btc.d went up while the price of bitcoin actually traded down. Which means that quite simply the alts sold of at a higher rate than bitcoin. It does not necessarily suggest that BTC was used as a store of value because they could have been tethering up or going into fiat. This chart is therefore tagged long only for BTC.D and cannot be used to suggest BTC will go up or down at this time. In conclusion: The chart is suggesting we should stay away from trading alts long in the short term. We might even need to stay away from trading BTC long depending on if BTC.D and BTCUSD diverge from one another again. This is a chart to keep an eye on.
CRYPTOCAP:BTC.DLong
by This_Guhy
4