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Bill Williams Indicators

Bit.tube was about to close cup and handle. Bit.tube was about to close cup and handle. It's enough to broke up the 0.000016 BTC wall ( 0.1 $ at this BTC Change ) Positive news on technology side ( Antiasics Saber Algo confirmation and the "10.000 uploaded video" counter reached ) could indicate a continuation of this positive trend, but we must be careful about the next imminent wave retracement Bit.tube sta per chiudere la sua tazza con il manico. Sembra che sia sufficiente per rompere finalmente il muro dei 0.000016 BTC ( 0.1 $ a questo cambio BTC ) ? Notizie positive dal punto di vista della tecnologia ( Saber ha confermato che l'algoritmo è completamente antiasics e il contatore ha raggiunto i 10.000 video caricati ) potrebbero contribuire la continuazione di questo trend positivo, ma attenzione al prossimo imminente ritracciamento.
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by funboy
Bitcoin on 4hr rising channel outlook 29th August 18 [BTFD]having a gander at our 4hr bar chart we see a clear rising channel and looking at further gains today and possibly more as we move into September if respecting the channel we could see a small pull back to 6600 area but wanna see it climb back over 6800/7k pretty sharply all in all looking quite bullish but certain not 'tarded yet - alts having some nice returns and loads of scalps from bitcoin price action oh the pump and dump groups are popping up everywhere again, remember its ALL a con, dont buy into it!
COINBASE:BTCUSDLong
by majorlee
USD/CAD - Technical AnalysisAnalysing with Ichimoku clouds has given me the impression bearish sentiment is going to continue on this pair. Strong sell signal from a bearish kumo twist and kumo breakout, labelled in the chart. A TK death cross has also appeared following the kumo break out. Recent low is at 1.28863. My fibonnaci level show price has violate the 50.0 mark and will continue to descend until 61.8. Alligator indicator also show bearish sentiment If Price violates 4H candle low, expect downtrend to strengthen and bearish kumo clouds to expand
Short
by AI_Expert_Advisor
1
BTC:USD 4 hour chart DAILY UPDATE (day 124)Over the past couple days we have been examining the short selling volume as it relates to the price of Bitcoin. I noted that the shorts had fallen off drastically while the price had remained flat/fallen slightly. That told me that the only buyers above $5,900 were short sellers taking profit or getting liquidated. On day 122 I wrote: “I am expecting the shorts to continue to decrease down to 22,765, which is where I have drawn the white horizontal line to illustrate support. From there I am expecting a sharp reversal in short sellers and another drawdown in Bitcoin” The rebound in short sellers led to the lowest daily close since 11/12/2017. That is when I expected to see selling volume increase significantly. Instead we are consolidating into a bear flag (red) at support (white). The measured move for the flag is $5,590 and it would confirm with a breakdown below $5,882. If we bounce from here then I am expecting prior support to turn into resistance at or below $6,072. The stop losses on my short positions have been adjusted based on the Bill Williams Fractals from the daily chart. Those have been move to: BTC: $6,378 ETH: $451 If you are not in a position then you have a couple options: (1) You could wait for confirmation of the bear flag from above and enter upon a breakdown of support. The stop loss for that trade would be the top of the flag at $5,943. (2) Or you can remain on the sidelines in order to start preparing for the next bounce. BTC ETH LTC I currently have orders to buy LTC at $61.75 | $55.51 | $49.76 | $33.60 I think LTC is the best option for a couple reasons: it has been oversold more than the other two and it offers a better potential ROI at approximately 100%. BTC and ETH would have a target closer to the 50% range. $50 is also a very strong area of support for LTC. Bitcoin would need to fall to $4,000 - $4,200 and Eth $290 - $305 to reach the same levels of support. Thank you for reading! Have something to say? Leave a comment! Click the follow so that you don’t miss out on future updates and remember that smashing the like is good karma!
BITSTAMP:BTCUSDShort
by Sawcruhteez
BTC:USD 4 hour chart DAILY UPDATE (day 122)Yesterday I added to my short position after the hanging man candle on the 4 hour combined with the bearish crossover on the 12 and 26 period EMA’s on the hourly. I have been expecting the breakdown of $5,900 support since last Saturday and am viewing this current bounce as the final short squeeze before the sell off. The amount of shorts has fallen significantly over the past 5 days. I would expect to see a rise in price to reflect the short sellers covering their positions and/or getting liquidated, however that has not been the case. Bitcoin has remained stagnant while the shorts have been getting rekt. I am viewing this as a bearish divergence. I am expecting the shorts to continue to decrease down to 22,765 which is where I have drawn the white horizontal line to illustrate support. That could happen in the next few hours or days. From there I am expecting a sharp reversal in short sellers and another drawdown in Bitcoin. The previous 4 hour candle closed in the shape of a hammer or a hanging man. It is very hard for me to decipher this one. Hanging men come after a rally in the price and a hammer must follow a sell off. This candle followed a very small rally and that is why some would view it as a hanging man. Prior to the small bounce was a significant sell off and it could be argued that this is a hammer. Which one do you think it is? The 15 minute chart is painting a pretty clear picture of support turning into resistance. The bulls are fighting hard to keep the price above $5,900 however they seem to be losing the fight slowly but surely. The number of traders that are still bullish on Twitter and Reddit is the primary reason why I am certain that we are yet to find a bottom. The profit target for my short remains at $4,950. That is due to trendlines and previous support/resistance. One last thing to note is how well that lines up with the 0.382 FIB Retracement level which is showing up at $4,976. The stop loss remains $6,876 and that is due to the most recent Bill Williams Fractal on the daily chart. If you are not in a position then you can start to build a short at the current levels and plan to max out your position upon a breakdown of $5,900. If you have the ability to short alts vs BTC or USD then that should be the safest bet. I am currently short BTC:USD | ETH:USD | ETH:BTC and I sold my spot positions in EOS and LTC. Thank you for reading! Have something to say? Leave a comment! Smash the follow so that you don’t miss out on future updates and remember that clicking the like is good karma!
BITSTAMP:BTCUSDShort
by Sawcruhteez
BTC:USD 4 hour chart DAILY UPDATE (day 117)Yesterday I pointed out the resistance from the 12 period EMA on the daily chart, the double top on the 4 hour chart, the resistance cluster coming from the trendline and horizontally, and I also noted the shooting star and hanging man candles on the daily chart. Needless to say a strong sell recommendation followed and as usual I lined out exactly how I would set up the entry. Start with 33%-50% and then add upon a new low of $6,300 or a continued rally to $7,000. That trade is now well into the money for anyone who took advantage of the opportunity. Now it is time to review the stop losses and adjust accordingly. I mainly use Bill Williams Fractals on the daily/weekly chart to set my stop losses. Those have been adjusted as follows: BTC:USD - $6,825 ETH:USD - $551 ETH:BTC - 0.0815 (unchanged) The stop loss for ETH:BTC is unchanged mainly because it has yet to pull back like the USD pairs have. I also feel comfortable giving it some room due to how likely it is to pullback. The volume behind today’s selloff has been convincing and is not indicative of a bear trap . We are fast approaching the yearly low of $5,975. A breach of that level will lead to significantly more selling volume. I fully expect that area of support to breakdown over the weekend. It provided a very nice bounce the first time around, a much smaller one on the second and now I feel confident that it has been exhausted as an area of support. I have an order set at $5,974 to add to my short as soon as support breaks down. If not currently in a position that is the safest bet IMO. Now that we are gaining momentum and the price picks up velocity it can be helpful to watch the shorter time frames. I am a firm believer that moving averages will paint the clearest picture about short term price movements. Choosing the right time frame is often the most important variable. I am watching on the 12 period EMA on the 10 minute chart. I do not use this to make entries/exits, it is simply a tool to help me understand where to expect short term resistance. If you are not currently in a position then I have listed some possible entries below: Entries and profit targets Sell BTC:USD below $5,975 | $4,975 target Sell BTC:USD if bounces to ~$6,300 | $4,975 target Sell ETH:USD once it breaks down below $450 | $360 target Sell ETH:BTC once it breaks down below 0.0749 | 0.055 target Thank you for your time! Have a question? Leave a comment! Smash the follow so that you don't miss out on future updates and remember that clicking the like is good karma!
BITSTAMP:BTCUSDShort
by Sawcruhteez