Bitcoin-usd
BTCUSD - Bitcoin USD short term trade optionsHourly chart formed a flag which had a false break out and stayed in a flag. There is fairly strong resistance/support lines forming a channel inside the flag. I would be willing to risk a trade on a strong break either side of the channel or pennant depending on how the chart develops. I see these to be short term trades with very tight stops due to the current market climate and don't want to be in a trade if it returns to the channel.
Long: Entry; $5833.3
Stop-Loss; $5775
T1; $6013.5
T2; $6513
Short: Entry; $5420.3
Stop-Loss; $5526.8
T1; $4992
These trades are risky assess your own risk, place stop-losses and be confident.
BTCUSD trading idea 10/10/2017Another update on my trading idea
We may be heading towards all time high "5k" with possible local correction
If it breaks through resistance in $4982 area, we will be looking at further up movement
Alternatively it may fold back in $4680 support area if resistance holds.
#btcusd #btc
#SmartInvestmentTeam
BTCUSD set to fall 30%This crypto pair may be set to drop 30% through Oct. Its previous rally, which failed to produce a new high, only pushed RSI to 60 and the support before that makes the range from 40-60, very bearish. Price action/volatility has been decreasing. I'm not saying there's no value but right now would be a good time to look for a short or sit on the sidelines. The DXY is also gaining strength, bad for this pair.
USD a leading indicator for Bitcoin?USD has broken its downtrend line....I would think this will lead to lower prices for Bitcoin and all other Cryptos in terms of USD for the foreseeable future.
Is USD a leading indicator? We shall see. Long USD...Short Bitcoin right now.
BTC/USD Short-term Downtrend on M15Doesn't get any clearer than this. Short-term trend is down, swings getting smaller and smaller.
Just a happy Bullish BTC Scenario - A Manifest for Holders : )In a world of FUD, believe in the Bull.
ETHUSD Buying now..Textbook setup, impulsive wave, breaking of downtrend and consolidating in form of a bullish flag.
Using a tight stop because watershed falls are still possible.
Blessings to you
BTC/USDT (Bittrex) – 4hrOn the 4hr charts we're in an ascending channel. Currently we have descending volume profile, a lower high within the channel and descending RSI indicate it may break to the downside to test support once again and then possibly continue the uptrend.
If we break downwards from the channel, we have fib support at 3820 and then major support between 3500-3600. Given we've already tested lower support levels at around 3000 and it was strongly rejected in spite of the China ban, I don't see us going back there. If we do make it to the 3k area for support we reevaluate the short-to-mid-term trend.
If we see continuation of the ascending channel, the next major resistance point to be retested is 4100. If we break through this it will form support and push us back to 4500 and 5000 to the end of the month.
Right now, my bet (bar any unforeseen FA events) would be on a pullback to 3600 slingshotting us back to 5k by the end of the month.
Bitcoin Top between 5100-5600Bitcoin isnt done yet, i expect 1-3 days more bounce in the 4400-4700 area, after that it should try to break 5k again, and within 2 weeks from now it should reach the top before correction (2 possible scenarios mentioned)
Trade with care :)
The scenario could be the same as june-july, october would be the second july with a selloff due to the coming hardfork.
Could bounce off from first channel or fall into it
Possible Lows for Correction:
4k
3250
2550-2850
BTCUSD IS A SHORT NOWSell with a stop above last swing high.
Bears should now be able to create an extended period of lower prices.
Bitcoin BestBest Scenario (???)Could Bitcoin repeat the previous pattern, brake the trend-line and and go to the moon!?!? :)
Q3 2017 -> 10k$-15k$
Q2 2018 -> 30k$-50k$
???
Volatility is Normal to CryptoCurrencies and Currencies alikeOne analyst opined that the recent 28% fluctuation in Bitcoin's price basically invalidated the cryptocurrency as a store of value. If that were true, as this chart shows, most of the world's money would be likewise invalidated. It goes without saying that there are plenty of other currencies that experience much MORE volatility than those shown here. Bitcoin may not yet be as stable as some, but price fluctuation, in and of itself, clearly does not invalidate something from being a store of value. While investors and speculators can argue about the quality of Bitcoin as a store of value, the market has de-facto dictated that it IS a store of value of some kind. Over time it may prove to be a much better store of value than any of us ever imagine.
BTCUSDBTC 1HR chart. Parabolic SAR longterm long, GANN longterm long. Look for pullbacks before entering.
BTC USD - levels trading ideaBTCUSD
Waiting for MY Support and Resistance levels.
If trend breaks up or down, follow them!
www.tradingview.com
Bitcoin July 10thI think it will either dump out if the light green triangle or it'll break out of it upwards,
Bitcoin is going higher, but be careful.Bitcoin is showing a strong uptrend and is forming a bullish pennant. It could move up by a lot soon but be careful, it is also prone to dumping. The entry point in case of a breakout would be $2580.
