COINBASE:BTCUSD Based on Simple technical Analysis, it seems that the market is in uptrend condition. The idea is to buy, following the major trend formation.
we reached to critical zone for bitcoin.. every thing is still fine unless the break out form the bottom happen support is still intact.
We see BTC trading in an ascending triangle. Very Bullish seeing that its been a slow and stead climb to the EPIC 10k resistance. As most of us know, a parabolic positive move into resistance typically will follow by a dump. BTC has been climbing since the massive sell off to the Mid-Low 3ks. While respecting the Diagonal support and 10k resistance there has been...
Hey, friends!🕊 Until Bitcoin didn't made a strong movement, I wanna show you a possible forecast. On the chart we can see two channels. You have an opportunity to compare them. 🧐 ✍🏻What can you say looking at the chart? What is your vision of this situation? Write me any thoughts🙌🏻 Stay with me💋 Your Rocket Bomb🚀💣
Bitcoin 20 week ma is at 8,000 USD. We should come back down to 20 week ma in the near future and test it. If we can hold then we are in for another uptrend. If we break back below. Look for 200 week ma. The corona virus drew bitcoin down to the 300 week ma on a capitulation wick but has since rebounded nicely.
BTC Shorts VS. BTCUSDT Let´s get started correction structure!
waiting for acumulation inside the triangle. Then probably will go to 7.800 $.
Hello Traders, fe Keep in mind this isn't a professional and well thought analysis, but it seems like it could be following this pattern :) Trade Sa
We are about to witness a creepy sell off on stocks and derivatives, economy is going on a free fall globally talking and COVID-19 has not created this, COVID-19 was just the needle that pops the BUBBLE. 1000 trillions in derivatives will be exposed and wiped out, just saying. www.investopedia.com A NICE BOOK TITLE CAN BE NAMED ''The monster that FIAT has created''
If the trend of more triangles continues, the bitcoin chart may become to big one triangle from end 2017 to first quartal 2021. It will end about 6 000 $ . If the forecast will be right, will be advantageous short position with small leverage (to 2.5x). Lately long and this will repeated several times
BTCUSD broke a strong resistance line at 6660. The price is on the support line. I expect growth to the upper line of resistance.
HI guys -Due to the collision with the middle line of the canal, the probability of a high return and, of course, the price has reached 0.5 Fibonacci, and its first target is currently 6100. -Due to the growing population of people with corona and the world's economic inflation, the likelihood of a Bitcoin crash increases. Thank you for liking my posts and...
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