Bitcoin-usd
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know that this is going to be a successful crypto project and is one of recommended holds back in early December when it was priced at its lowest against BTC and the US Dollar
link to tweet: twitter.com
i personally sold most of my SALT in January but have started rebuying more recently
A Golden Cross has formed on the daily usd chart recently giving a good signal for more bullish signs to come
RSI is oversold on btc pair and looking to rise up also
check out the supply zone and if wanting a good price wait for thosw important dips to get the best price you can!!
projected targets for SALT this year is $35 USD, which is about a 8x increase
keep an eye on the website for when they will allow more sign ups
Cryptocurrency market is getting healthier The price of bitcoin has mainly shrugged off the bearish news from the U.S. where the SEC shows signs of ramping up pressure on the ICO market. On Wednesday, the regulator issued scores of subpoenas and information requests to ICO-related companies. BTCUSD retraced following the report, but managed to keep above the key $10,000 mark and regained the bullish bias, trading around $10,600 on Thursday.
The cryptocurrency market seems to be gradually getting adjusted to the idea that the industry is going to be regulated globally and that this is positive for its longer-term future as a more healthy market will attract more participants and will be able to build trust among traders eventually.
Technically, bitcoin looks set for another attempt to regain the $11,000 level which keeps bulls in control since February 21st. This scenario will remain relevant as long as the pair keeps above the $9,200 support. Overall, since the mood in the crypto space has improved over the last month, more traders may get attracted to the market and therefore follow a “buy on dips” strategy in the medium term on the back of lower market volatility and more sustainable BTCUSD trading.
BTCUSD Long short term momentum tradeI seems some recovery from correction forming short term buying opportunity. On weekly chart BTC is in pretty strong bullish. In last three weeks price reverting to ist mean 11500 USD where are both ichimoku lines and supply zone. Its good opportunity to take long position with target 14 280 USD ans stop Loss 9 188 USD.
A FALL FOR LITECOIN?!Litecoin was in the last few days one of the fastest growing cryptocurrencies. But now the volume is very low and it seems like it could fall down to its previous levels. At the moment the bulls need to show their strength, otherwise we could see bears taking it down. Bitcoin is growing at the moment and this is the last chance for Litecoin in our opinion. Litecoin should hope, that it will go up thanks to Bitcoin. On the other hand, the RSI levels are quite good and there is still a possibility for Litecoin to go up.
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***This information is not a recommendation to buy or sell. It is to be used for educational purposes only.***
Bitcoin/USD if it's impulse we'll break downtrend line from $19kCurrent move seems to end this few days lasting correction of most probably wave nr 4, counting from $6k. With strong impetus we came back above long trend line ($3k - $5.4k) which can be a possible resistance for currently forming wave 2 of today's impulse. Second attack on confirmation of ATH-down trend reversal is highly possible. If it happens then highs of consecutive waves (3 and 5) may reach higher fibo extension levels than presented - depends from the power of this move.
BTC short to 8.8lI think we could see a retracement to that magic .5 fib level of roughly 8800. Personally, I think that 8800-9200 is a better range to watch and stack orders in. If we break below this level im looking towards that lower trend line to be our next buy zone. Will update when that time comes.
1. Stoch RSI showing that we are coming down still
2. we were rejected at our bear trend line, the last time this happened we dropped hard
Disclaimer: Not financial advice!
Bitcoin ABCDE CorrectionI have used Elliott Wave counts to come to a conclusion that Bitcoin is probably undergoing an A-B-C-D-E correction for a larger degree Wave 2. Currently, I believe we may have begun the E wave down to the predicted $2 - $4k levels. I think we are in the process of a Zig Zag (5-3-5) down for the E wave and at the moment and if this is correct, we are completing Wave 2 down (which consists of a three-wave ABC).
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For the longer term investors, this is a golden opportunity.
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Of course, this is not financial advice nor is it an indication for you to buy or sell. Elliott Waves are based on a probability principle, and nothing is 100% certain. Do your own research!
eth/usd sell opportunityAs we all see is the crypto market currently bearish. I think I found THE two support/resistance lines for the eth/usd atm. In my opinion there's a sell opportunity right now till the lower line is reached. I don't expect it will go through it but just keep an eye on it if you follow this signal.
I'll update this idea when the line goes up again (wrong predicted trend) and when it's around the support line. When we reach the support line I recommend to take 50% profit. With the other 50% we can gamble a bit if it goes through the support line or not.
20K Next? Yes or No?BTCUSD D BITFINEX
Welcome happy Followers to more good news on BTC.
The last few hours have been important for BTC, with the top channel or trend line being broken on the 4H Chart, and tested from above before price has moved up. Its another ABC pattern at an important moment and does signify a significant break in the bear run that caused so much angst.
Those who follow the Dollars and Senses will be becoming familiar with the ABC patterns and its two of these on the 4H chart, that tell us clearly we are in a good spot. Firstly note the red arrows as Price ADVANCES through the 200EMA (Green Line) and then pulls BACK perfectly to retest it from above and then straight after the touch CONTINUES in the original direction up. (This was a great trade, I must have been sleeping).
So we have an ABC confirmation at the 200 EMA, and another on the top trend or channel line on the 4 H Chart. That’s good, Very good.
It will be interesting watching everyone high-lite there articles about Bulls and ignore all the stuff they wrote about Bears and retests of lows until the next pullback. Personally, i would be more convinced in this as long term move if we had put in another low on the way back up, but for now i will trade what i see and put that to one side.
With the channel broken and conformed on a 4 H chart does it mean we are heading straight back to 20K? No i'm afraid not yet. We have significant resistance levels to break yet, and still need to close above the line on a daily chart. Once we close above on the Daily chart don’t be surprised if The daily traders also want to see an ABC and retest the line again. At least if they do you will know what’s happening, that’s why you follow Dollars and Senses. Less Hype, more TA.
Its been bullish, and positive but its another battle won and not the war.
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Bitcoin! Should I long or should I short now!?Bitcoin is having quite a nice rally against the US Dollar since we hit the lows on the 5th and 6th, earlier this month.
We are reaching another critical stage as we approach the longer term down trend line, which is also the top of the channel we currently find ourselves in.
The resistance zone above 12k – 13k is the signal that I want to give me confirmation that we are indeed entering another bullish market.
In the markets we are faced with contradicting signals and we need to consider all possibilities when analyzing the technical.
There is quite solid support around 10 500 and should that fail I would expect more traders to book profits on the medium and short term.
Should we fail to consolidate above 12 000 it is confirmation that we are still in the bearish longer term channel and a retest of the lower levels would be quite possible.
Feel free to discuss this trade idea with me in Discord, safe trades .
BTC headed to $14k beginning of March 2018.The markets were waiting for the giant of BTC to awaken. In recent days, it has. Add a few hundred million to the market capitalization of the cryptomarket. Once the beast awakens, then usual practice is to shy away from the altcoins. But that hasn't happened this time around. The rest of the coins are going up and down in tandem with it. This could be an indication that investors have balanced out their portfolios. I see BTC reaching $14K by March due to altcoin HODLing frustration.
BITCOIN - $5,000 / $20,000 Trade OpportunitiesCurrency Pair: BTC.USD
Time Frame: Weekly, Daily & 4hr
Predicted Direction: Short
Live BTC.USD updates will be available in the comments section below.
The brief trade analysis presented above is my predicted direction and requires multiple different indicators and confluence factors prior to validating a trade opportunity.
Bitcoin 10k accumulation phase.Weekly chart shows us huge impulse (3610 - 19800). Main support level is around 6900-7500 area. We have almost hit 0.38fib level and bounced from MA 200. Now we are going to climb near the trend line to 8681-98633 area. Consolidation here. Then correction impulse to 11724-12800 (december's impulse trendline). After this bitcoin will be in accumulation phase till ~march-april. First target: 33k area.
This will end badlyFrom now on, I would like to begin to reflect my ideas in a structured way. I would like to apologize to those who found my ideas too chaotic. Also, I will not guarantee anything. Anyone who wants to follow my trades can do it and whoever does not want to do it can go.
Now we come to the idea. Here you can see how fast a trend can change. Many think that just because they see a bullish formation like the inverse H&S, Bitcoin is rising. But in truth we have not received any confirmation yet. If it were that easy, everyone here would become millionaire instantly. In my opinion, the bulls do not have the strength to gain the upper hand. For me a bull trap.
Here's an example:
In addition, you can currently see a bearish breakout in the 1h and 4h charts.
In a bearish breakout you can see in the examples below, he starts a downtrend. Of course I believe that the current structure has not yet been formed. According to my estimations, we will form a triangle. It's just my opinion, I would not count on it.
Currently I would leave the hands of Bitcoin. Let's see what will happen next.
By the way: If you are new in crypto and you just want to invest, then you can do it, because long term Bitcoin will go up again.
For more I keep up to date.