BTC has been moving within this apex, and I don't see it breaking out of it very soon.
We already had 50% retracement of whole impulsive upward move from $6.5k, also we came back to the previous channel and bounced from its bottom. On 1h, 2h, 4h intervals we have Hammer candles formations which are bullish signs and my led us above the solid red line from where we have big chances to crash yellow line. This scenario has bigger chances for me...
BTC failed to find the steam even with Consensus - to push up past the $8700-$8900 USD level yesterday and this morning (EST, anyways). What now for the monolith? Previous violence at and around the 8k level - April 12-18, 2018/March 14-26, 2018 albeit a little less obviously - tells me that the next support line will be at that level. I suspect that, given the...
One of my possible counts for BTC This is my bearish count where BTC is forming an expanded flat Projection roughly: $8300-$8550 Let me know what you think!
For last 12 days, Bitcoin has been moving in a triangle. I think chances of having a bull run to at least recent high (9750) are higher than a drop. When we study volume, clearly sell volume is fading. This is especially obvious in 1 hour time frame. I suspect soon bears will run out of steam. Resistance levels : 9754 10235 10961 (major resistance) 11718 (major...
Some easy to read levels and targets for Bitcoin for next week or so expecting some sideways action be good for alts but more money going into bitcoin will should see 10k broken and move onto higher targets and resistances RSI and MACD look loaded and great position for some steady movement towards the upside profit taking recently has been tight so expect good...
I think Litecoin is obviously due for a breakout. But it could also fall back down to $145 if it doesn't retain this momentum
Current correction in eth is giving us a good trading opportunity. Based on recent activity in volume of eth, I think we will see a bull run after current correction finishes.
After almost reaching $10k ($9980) today bitcoin dropped to $9409, now sitting at ($9598) it seems that is currently forming a bear flag, the volume is also diminishing. If this bear flag breaks down it can send btc to the range of $9100 - $9200 So, keep an eye If you like the analysis please press the Like Button
I don't want to short the market, why? I want to see blockchain thrive. This industry has the ability to not only solve issues with the information age's main problem, security, it, in addition fixes the financial sectors conundrum of manipulated inflation. When a lot of people will have you think USDT is the best move, I won't. Even if I am the bull in the China...
Bitcoin bulls continued to dominate. The 9,156.4 level - now recast as support - plays an important role given a retracement to get there. The next resistance area is defined around 11,706 (Feb 20 peak, Mar 5 high). We watch for pullback setups to enter long. Alternatively, a breakout failure may re-target the support threshold at 7,820.1.
This level had resistance twice on the daily in late April - and March, really - needs high volume, overwhelming positive sentiment and a bunch of confident investors deciding to hang around into the 10k range as opposed to cutting their losses at that level. We shall see.
If the curve comes out of the triangle on the upper side, the next Fibonacci level is $11500. 11500 is a strong resistance level that acted as a double-top the 20th Feb and 5th May.
I Think we have some correction to 8300 , then we move upward this scenario invalids after break the 2 triangle
My philosophy with trading is, up or down, lets make money. I love shorting, and I love bull markets. Most importantly, I've taught myself how to make money in both markets. Its allowed me to be unbiased, and its allowed me to be more adaptable. First look at bitcoin and all the research I did, the analysts had vague interpretations and recommended larger plays....
Hey everyone...Hope you're all doing good and you're feeling great. Yeah, market is acting weird, and lots of these trading view ideas don't help. What I mean by that, is they're very stressful, extremely bearish, or extremely bullish and huge hype behind it. I believe we are bullish for quite some time...probably the next two weeks I would say with certainty. ...
BTC price is currently being supported by 100 day EMA. Also large support exists given the price volume profile visible range around 8800. CMF looks to have hit the top and will now see more selling pressure as it declines. We are not seeing spikes and dips in the OBV so volume has been relatively constant. Ichimoku Cloud is in the red zone with the Base line...