BTCUSD Buying Bitcoin for 2 possible profit targets ! Buying Bitcoin for 2 possible profit targets after the break of trend line and resistance !
Bitcoin-usd
Bitcoin Weakening? Can It Push Through?As it stands Bitcoin looks weak. If you look on the longer time-frames. It looks pretty weak and within a channel. We feel it is due a correction which could tie in with the Bakkt Announcement. Buying rumour selling the news.
BTC/USD, 1D. OVERVIEW 19.08 by @SupernovaEliteEvery low are higher near S-support line and then rising impulse
This move shows that price more likely in traingle pattern
with S-support line.
The BTC price is approaching to the end of pattern, I think,
we will see culmination soon.
More possible it will be ascending move.
Near the end of traingle and near resistance zone 11200-12000
we need to see more volume for real rising impulse.
Pay attention for action in this zone!
BTC Potential Bear Flag? Short Hello Traders,
Update on BTC's recent developments,
Points to consider,
- Sharp advanced decline into pattern, - Key characteristic of a bear flag
- Price is in a narrow range
- Major support broken, support was in confluence with the .618 Fibonacci level
- RSI recovering to neutral zone
- Stoch's on downwards momentum
- EMA's providing price resistance at current given time
- Volume is below average, signalling a move is incoming
BTCUSD has been trading in this narrow range after a sharp decline in price, forming this potential bear flag pattern. This consolidation is a breather in the current trend (Bearish) as a bear flag is simply a continuation pattern. The flagpole formation gives us clear targets which is around the green support zone...
What are your thoughts on the potential bear flag ? Please leave a like and comment
and remember,
“Take your profits or someone else will take them for you.” – J.J. Evans
BTC TO $20K! 2017 was a hype's year. Market cap reached +$800 billions and for some reasons -$600 billions have been disappeared. ICO projects fails and scammed investors, Exchanges closed for anonymous reasons, Exchanges hacked, USDT (Tether USD) rates down to -$0.88 and other rumors in press. Do you remember the beginning of 2017? Ok, flashback with me. Binance didn't exist, Bitfinex suspended USD withdrawal, Tether USD printed, Jihan and Roger promoted BCash, BTC-e closed (It was a good crypto exchange at that time), Jihan (Co-Founder at Bitmain) stopped lots of miner from mining Bitcoin and enforced to mine BCash, John Mcafee (Bitcoin to $1 Million) , New ICO projects created quickly, Roger (BCash is real Bitcoin) and more... Back to the news from Q4 2016 to Q1 2018. That propaganda pumped Bitcoin to $19,890. It was a hard plan and have been achieved. We got a propaganda, but not for building crypto community. It was holding for more $$$ and getting new investors in crypto world!
Now, we should uptrend to $13,700 in organic buyers not bots or pumping from whales to see a new ATH.
TARGET 1
If we does uptrend to $13,700
We will see $18,600 and $23,300
TARGET 2
If we doesn't uptrend to $13,700
We will see $8,350 and $4,600
Advice: If you can't handle your trade without losing, don't buy!
BTC Dominance...I Wonder How Much Of It Matters To TAI often wonder how much this actually matters, as an investor it is always good to keep an eye on the dominance, but does it actually stick to the technicals?
Be interesting to see if it does. Other than trends, could we use it for even more data and a head start on our trading decisions...
BTC/USD - 1H RiseWith 1000 SMA on the support side, Its' Strong Support. Taking decision around there would be a good Idea.
BTC/USD - LONGNow consolidation is formed at the top of the range and it indicates the continuation of the long trend.
BTC/USD - LONGNow consolidation is formed at the top of the range and it indicates the continuation of the long trend.
BTC/USDT Binance chart LongHourly chart for BTC USDT looking promising for the next few hours.
Plan entries carefully as there might bit a 5%-6% drop before rebound.
We have 40% chances to have a channel created between 13k and 9.3k.
Optimistic outcome: 8%-10%
Pessimistic outcome: -3.5%-4%
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New Zones Of ResistanceLooking at the Weekly Chart, I think we can see a potential resistance zone in yellow, we can see we bounced off the red zone, I think if we can clear the yellow zone and close above we could see some ray trace and bounce off the top of the yellow zone and go to the green zone.
I am just following my old post and I hope I am right.
BTC - So LONG Suckers! We need to surpass *this* price...BTC has broken out again!
Don't go clicking the buy button without hesitation, we need to surpass the PRZ (Potential Reversal Zone) derived from a previous resistance in order to guarantee an upwards trend within the pitchfork. There is also a possibility that it uses the PRZ as a resistance and uses the lower fork as a support.
3 Possibilites:
1. We surpass the PRZ and head straight to the upper fork.
2. We bounce off the PRZ and use the lower fork as a resistance.
3. We bounce off the PRZ and use the previous resistance as support and cry :'(
Please let me know what other possibilities you foresee my fellow analytical psychics!
<(*^-^)>- *.-*.
My verdict: GO LONG or find yourself with a long face after you miss out...
Good luck and happy trading!
Sebastian Klopfer O_o
BTCUSD LONG DAILYThis market can make you rich is less than you might think!
There will always be a risk with any kind of investment out there.
Stop losses and look for new opportunities.
Never but never stay with the same mindset.
We all traders invest our money depending on our beliefs.
We won't be always right; however, when we are right, it pays off any effort we've made.
prepare for any buy below 8700$ in coming weeksyou can see on chart.
trader cashing now out.
btc will see 8600-8990$, optimum range before pump up tp 15k.
alts can gain in coming weeks.
BTC Double Falling Wedge CONFIRMATION TO BUY/SELLBTC PRICE MOVEMENT - WEDGE PATTERNS
Once the wedge pattern completes, the Rising wedge that follows provides evidence for an increasing rate of buyers surpassing the increase in rate of sellers.
We have two potential reversal zones. If the price breaks the first wedge, then the price will break support. If it uses the wedge as a support, then we have a firm buy signal as it breaks resistance.
Please leave your comments below
Patience Required For BitcoinPossible consolidation period for Bitcoin. Now is the time for patience to see where it goes next.
We feel possible down movement is more likely when you look at the weekly close meaning 2 red-candles which might indicate some selling pressure.
As it stands it has been a quiet weekend. Possible break out over 10677 might get some interest.
Breakout Imminent! Short Term Target 11.320$Buy: 10.940$
Target: 11.320$
S/L: 9.980$
Leverage: 10x
This is for my personal record. All trading strategies are used at your own risk.
BITCOIN CAN UPDATE HIGHER BORDER OF CHANNELWe can BUY BITCOIN because:
- BTCUSD shows us a Mirror Level 9614.0 and the price is above it at the time.
- It's possible to rise up to higher border of downward channel.
- Potential profit in 3...5 times bigger than risk.
Bitcoin Support & Resistance LevelsGreetings all,
Been tweaking my method for predicting support & resistance levels with a variation of the Fib Sequence I'm calling a "Fib-Flip." Its been a method I have been putting to use for sometime now to make price calls. I saw the 13850 level a few weeks ago as a place to take profits. On the monthly, this price was obviously resistance as neither Dec '17 or Jan '18 could close above it. Thus, this is what I see as the true inflection point in this market. We have since corrected but have managed to close above the 10580 level I was looking for to confirm these prices. If we continue further down, I'm expecting these prices to act as support-levels. I am not saying we will continue down though. I think our odds of breaking through the flip-point are still good based on the support near 10580. There is the new down-trendline that has formed from the peak to the recent highs, but I don't see it as much force of resistance.
Thanks for reading. Be sure to share your thoughts & in the comments.
No_L
