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Bitcoin-usd

Bottom Officially IN. Final Dip Before TakeoffUsing the Hall and Co trading indicator a BSO (Buy Stop Order) has been triggered indicating a local top. We should've had one for BTC but it didn't rally high enough to trigger one. There WAS however a BSO event for ETH: Looking back to the last consolidation period after the 2014 Bull we can see that there are two BSO Peaks and two massive dumps to confirm support at the bottom: That is what we are seeing currently with the most recent dump in the past few hours. If anything it's happening rather soon, but it does also tie into the idea that we start going up properly in May. Gameplan: buy as much of your favourite crypto once this hits rock bottom at the 3400 support area. If it breaks hard and wick down to 2k then that's a steal of a price. Most traders spread the "never catch falling knives meme" but really the bottom is in and the next final dump is commencing. We could have a third BSO Peak (which would be a never before seen BTC feature) but then it would bounce back to the lower 3000s again and find support. This 3k has been rock solid and I don't really see it breaking down. Literally get as much fiat you have (that can be kept in internet funny money until 2023-2025) and put it all in when the dump finishes.
BITSTAMP:BTCUSD
by bobjames1
Possible break out? There has been really nice bounce and price is now testing the sideways resistance, if we break out and we manage to stay two 1D candless above the sideway line, then we could see rally to the first resistance (yellow line). If we break more down, then we could see indices that Bitcoin is going to retest the 3.100 USD price. The market is highly manipulated, especially at this low volume. Stay sharp, its better to buy BTC with even more discount if possible, however I believe we could go temporary up to 4000-5000 USD if the break out will happen and the price bounce nicely.
BITFINEX:BTCUSD
by Rezonator23
BTCUSD - Drop to 3650 Incoming - H&SHey guys, As we can see, volume is clearly decreasing. I've checked out any instances when deceasing volume lead to a price increase in BTC, and I could barely find any. Therefore, the chance of BTC going up in this low-volume situation, is very rare. Also, a mini-head and shoulders is forming. However! This could end up forming a larger greater inverse head and shoulder (highlighted with blue). Sentiments are high, and the noob traders are saying, "oohh! BTC is going straight to 5000!" It will end up going to 5000, but gradually, not this week. - Be sure to check out my other ideas, and remember, Patience is paramount! Good luck!
BITFINEX:BTCUSDShort
by PatienceIsParamount
CRYPTO: BTCUSD - TREND - 05. JAN. 2019WELCOME TO DACAPITAL-TRADING! BTCUSD FOREX BREAKDOWN 05 JANUAR 2018 1 HOUR Market still in consolidation phase and moving sideways with small waves! 4 HOUR Still waiting for a clear breakout of any direction DAILY Overall very bullish reaction of 3260!! Expecting more pressure shortly LEVELS (Follow the Trend and move sl every day!) BUY BTCUSD ENTRY @ 3967.0 SL @ 3664.0 (7.6%) TP @ Open (Around 15.2%) RR: 2.00 (IMPORTANT: Use small risk, midterm positions with bigger range) IF YOU HAVE ANY QUESTIONS LET US KNOW IN THE COMMENTS ALSO LEAVE US A LIKE TO KEEP OUR CONTENT FOR FREE!!
BITFINEX:BTCUSDLong
by DACapitalTrading
5
Fakeout confirmed after lower high lower low now also confirmed.As I anticipated in my previous btc idea, the fakeout is now confirmed after we failed to achieve a higher high and we have now achieved a lower low to follow that lower high..always a recipe for a down turn...there is a chance that we could turn around in the 3.4-3.6 range to complete a right shoulder...but it's also very possible that we could just keep plummeting from there...I sold at 4125 so I get the comfort of waiting it out a little bit at that range and seeing if it dips any further before jumping back in...if you haven't already sold if I was in that situation I would probably just have to hold until I saw the price dip below the head and then would sell...although the bottom may only be as low as 2.8 which would make it dangerous to sell at that point too it may be as low as 1120 so if one knows how to set smart stoplosses that are neither too lose or too tight it may worth a risk at that point but much safer to simply add to your position at each additional leg down. I ahve a feeling we wont see a rebound until at least the stoch rsi on the daily chart dips down to the oversold zone and it still has a long way to go yet...Whatever the case this is simply my personal strategy for myself in those scenarios and not financial advice..best of luck to all of you out there thanks for reading and I hope you have a Merry Christmas!
BITMEX:BTCUSD.PShort
by DrDovetail
Bitcoin 4hr goldencross has just occurred; Fakeout still in playWe can now see the 4hour golden cross has occurred on the 4hr chart...this may spark a rally and we can see that the stochrsi has reached a good boucne support area with room to go up....however before this downturn, we did not achieve a higher high(which would have been around 4.4k), also this year has been particularly unkind to price action the majority of the times we have gotten a 4hr golden cross. Look left in the chart and you can see at least 3 golden crosses previously that did not get sustained and were followed soon after by a big sell off so it would not surprise me if we repeat history again considering we once again also didn't hit our higher high...howeverwe could for once finally see a real sustainable 4hr golden cross and plow back up above the head and shoulders neckline and trigger the breakout which would give us a target of 5.2k or so....there is also the possibility that that disproportionate right shoulder was really just the head finishing and the recent breakdown is actually the beginning of the right shoulder being formed so thats what the new descending yellow trendline is now representing...if that becomes the new neckline then we still ahve a chance to come up and trigger that which would have a higher price target if it were validated than the current inv h&s we have been looking at. Currently its best to maintain your position until you see obvious signs we are going lower. I sold when we broke back under the neckline but if you didn't right now is a little late to sell if I was in that position right now I would not exit until I saw that 4k had been flipped back to solidified resistance...as long as 4k maintains support there's a chance that this inv h&s brakout can still occur...of course that's just what I would do and not financial advic by any means so you do what you feel is best for you...thanks for reading and good luck!
BITMEX:BTCUSD.P
by DrDovetail