Bitcoin Straight Up? Short-Term 1H With TargetsBTCUSD 1H goes bullish above EMA50 (magenta line).
Closing below it can send prices lower.
We have a long lower-wick on the current active candle and above-average volume.
This can signal that the bulls are trying to push prices higher.
Volume is low on the red candles and the RSI is looking good at 46.6.
If prices break below $10850 lower support can be tested at $10600.
The aim of this short-term move is set at ~$11300.
Do your own research before you trade.
This is not financial advice.
Namaste.
Bitfinex
Is BTC/USD bullish ? Current Daily Chart OverviewHi there,
In my last analysis I commented that there weren't enough reasons to justify that Bitcoin was going to have a bearish scenario soon since the price action was still positive.
I wouldn't be looking for facts like inflated action of the SPX500 to justify Bitcoin is holding very well at 9k levels. For me price is everything, i know this can change very quickly to a bearish scenario if price drops. However, I do not have a crystal ball and i cant be talking about bearish scenario will happen until price movement suggest it.
Daily Timeframe
- Breakout of the triangle formation and testing MA50 in daily timeframe. Price should pullback in 9250 area to make another leg up and stay above MA50. If this happen, then we could have a good LONG entry for futures/margin traders and we could be looking for 10k+ price
- CCI next to enter in a green territory
- RSI higher lows + Breakout
- MACD crossing + STOCH RSI upward movement
- Volume is really TINY. I would like to see more volume in order to confirm upward movement.
Any false breakout and price rejected by MA50 could drive price below 9100$ being dangerous for Bitcoin. Be ready for any scenario if price turns!
Mike
BITCOIN NEAR ALL TIME DAILY RESISTANCE- $4000 or $16000BITCOIN IS NEAR ITS ALL TIME HIGH DAILY RESISTANCE (RED LINE).TOUCHING IT HAS LED TO SHARP FALL. DISTANCE B/W PRICE AND RESISTANCE HAS NARROWED DOWN TO LESS THAN $150 ONLY. IF BITCOIN BREAKS RESISTANCE, WITH FIB RETRACEMENT OF 0.618, WE CAN EXPECT PRICE BOOM TO $16000. IF BITCOIN FAILS AGAIN,WITH FIB RETRACEMENT OF 0.618, WE CAN EXPECT A FALL TO $4000 WHICH IS NEAR TO ALL TIME LOW SUPPORT (GREEN LINE).
MY OPINION= BITCOIN WILL BREAK RESISTANCE AND WILL RIDE A BULL TREND.
Bitcoin Monthly Going To $8570 ($6134 Or Lower Is Possible)Hello my fellow cryptocurrency trader, wishing you a great Sunday today and also a wonderful upcoming New Moon.
We've been looking at Bitcoin (BTCUSD) over and over short-term... Which can blur the long-term picture as to what is coming for this cryptocurrency, the King... next.
Hit LIKE now and let's get straight to the conclusion...
Bitcoin (BTCUSD) is very likely to hit ~$8500 on the monthly timeframe.
Prices will be testing in the least EMA10... But there is room for much lower...
Let's get started.
Bitcoin Monthly (Chart Signals & Analysis by Alan Masters)
June 2020 closed with a bearish candle for BTCUSD (M).
At the same time, we have a lower high compared to Feb. 2020.
If you look at the blue dotted and dashed lines, we also have downtrend lines working as resistance.
Trading volume is really low... On this set up a bearish signal.
The MACD is moving below the signal line and also printing lower highs.
The list above is all bearish signals coming from this chart.
The RSI looks solid and strong so it isn't a bearish factor in this analysis.
If we do my classic EMAs analysis, there is more...
After BTCUSD crashed in March to test below EMA50, reaching a low of $4,000, what followed was a lower high in June compared to February...
This is telling me that the next drop will go lower than EMA50...
What does this mean?
Bitcoin (BTCUSD) monthly can go below $6134 on the next strong move, based on this 100% original signal/EMA analysis.
Ok... There are many bearish signals coming from this chart.
We also have some technicals that are bullish, for example, prices staying above EMA10 we consider it to be bullish...
Conditions for change
What needs to happen for these bearish signals to be erased and the bulls to feel good and move back ahead?
Prices for Bitcoin (BTCUSD) would have to move and close above $10,550 for this crypto to enter the bullish zone.
If we continue to see prices trading below $10,550/$10,400... The longer it stays below, the higher the chances for Bitcoin to drop...
First aiming for $8,500 followed by $6,134.
This is my first monthly analysis for Bitcoin in a long while... Hit LIKE if you enjoyed this post and would like to show your support.
Namaste.
NEO/USD Strong potential for bullish movement - LONG!!NEO/USD has developed a strong ascending support on the 2H (dark blue line).
Facing some resistance on the 1H (light blue line), however this is expected as it was previously a support when it crashed from $16 to $3.
It is also breaking out of a larger triangle on the weekly.
The fibonnaci retracement and expansion levels match perfectly, and are useful when helping us decide our take profits.
TP1 = 11.91 (always take profit before strong psychological numbers, or even numbers, as this is when other holders are likely to cashout, and your take profits will not be met).
TP2 = 14.20
TP3 = 16.82 (recent high plus matches perfectly with our analysis).
TP4 = 100+
With an ATH of $198, Neo is not even close to reaching its potential. As long as Btc stays stable or rises, Neo should follow suit, even pulling ahead, to catch up to its past.
Due to the strong support created, the accumulation zone right now would be around 9.50-10.8, perfect time to buy to get maximal returns. Going long could yield some serious results.
As always, any comments or advice on the analysis used is greatly appreciated, and encouraged.
Bitcoin (BTCUSD) 1H | Quick UpdateI just shared the 2H timeframe chart for BTCUSD... Here is a quick update.
We now have a second rejection at resistance and/or the EMA100 blue line.
The trading volume is really low so anything can happen here...
As for the chart signals and technicals, prices are aiming lower and can easily pick up momentum.
Conditions for change
Same as with my previous analysis, prices would need to go above EMA200/MA200 for our view to switch from bearish to bullish short-term.
Previous chart from earlier today:
Thanks a lot for your continued support.
Namaste.
✳️ Verge [XVG/BTC] on July 17 (#XVG $XVG #XVGBTC)XVG is in a fairly strong price adjustment phase and I think the selling pressure is very weak and XVG is almost ready for the upcoming pump.
You could consider buying XVG in the 57-62sts zone for a rally to 80-85sts or possibly breaking up to 120sts or even 150sts by the end of this year.
It will be dangerous if XVG falls off 55sts
Bad 4 Bitcoin, Analyzing EMA50 (Going to $7.1k But $8.5K First)Start by hitting LIKE now and let's do an analysis of the EMA50 indicator on the daily timeframe for Bitcoin (BTCUSD).
Back in April 2020, we predicted a "price jump" for Bitcoin based on the fact that EMA50, which was working as resistance at the time, continued to be challenged over and over.
When a resistance level is constantly challenged, it makes it weaker giving us a bullish signal.
Recently we have the contrary scenario...
EMA50 has been working as support and Bitcoin continues to challenge this support level over and over... Giving us a bearish signal.
When EMA50 (magenta line) finally gives in, we are going to see prices hit the low $7000, but first, we can see ~$8500 being hit.
Today, BTCUSD is trading below EMA50 once more...
We can see additional consolidation before the drop but the trading volume is now ultra-low.
Seeing how we have a lower high compared to the last time Bitcoin bounced after moving below EMA50, this tells me that the next drop we will have a lower low.
The next immediate target is marked with a grey dashed line on the chart... We will see how it goes!
What's your take on this analysis?
Will Bitcoin move lower or will it continue to trade sideways while the altcoins grow?
If you would like to know how the market will behave when this drop comes, which seems to be pretty soon... Take a look at the trade idea below:
Namaste.
Litecoin Super Bullish. Don't Miss Imminent Journey. 50%+ ProfitLTCBTC is on strong support from last days and started to move upwards. Trendline is broken which indicates bullish move. Daily RSI started moving. Weekly RSI is at bottom.
Easy targets are on chart. Don't miss the journey for assured profits 50% +.
Easy Trade Easy Targets.
stop loss : below 0.004300
Like and Comments are highly appreciated.
Vechain price may drop sharply.Vechain is a quality blockchain project.
It is a project that is in cooperation with many companies and is suitable for the needs of the age.
The news that the Vechain team will participate in the World Artificial Intelligence launch in China; vechain over-priced its price.
Of course, it is important to make a vechain presentation against world giants leaders, but is it important enough to leave 2x profit? This subject may vary from person to person.
Here is the long-term technique of vechain price.
Red zones are horizontal and sloping trend areas.
The price of vechain, which could not exceed the red area, includes the potential for falling.
BTCUSD Bybit Bitcoin Chart Analysis July 6th
Hello,
“Make it simple, make profit”
It’s BitcoinGuide.
Don’t forget to
“Follow” me and press “Likes”.
I will begin BTCUSD Bybit Bitcoin Chart Analysis for July 6th .
This is a 30 minute chart created last week.
Without much movement, the sideway move was finished.
Overall, there was movement within the red parallel line.
Since the purple section could not be touched,
The drop was strong, And rebound came again.
12 hour chart.
Today's new, weekly candle chart / daily candle chart
Was created.
Each major section was classified into three categories,
Focusing on this part,
I made a Trading strategy.
30 minutes chart, long position strategy.
Overall, the downtrend is strong,
There was also a rebound in the weekend gap difference.
Recently, sidewaly move,
It is advantageous to run only "long" or "short" shots.
stoploss is essential.
With a 4-hour chart and overall position
I put the weight on the long position.
Instead, some conditions are required.
1. Check the blue route and major sections.
(It should not touch the pink line.)
Touching the maximum smile section will close the long position.
2. If you touch the pink line,
Red finger section check.
(After checking the movement that touches the pink line, vertical drop is dangerous.)
At the bottom, "i dont' like" saction Breakaway It is very dangerous.
Good luck.
BTC/GOLD TECHNIQUE MAY SUPRISE YOU! POSSIBLE 6X PROFITHi everybody. When I analyzed bitcoin as gold parity last night, I noticed that it had a very clean chart. I was quite surprised at why Bitcoin's gold chart is so clear. I think whales trade bitcoin buy and sell by comparing with gold. If Bitcoin continues this technical relationship due to gold, its possible support and resistances are as in the chart.
In the event of a possible rally, bitcoin can yield around 4x-6x.
What are you thinking?
Did Bitcoin's relationship with gold sound very interesting?
Loves..
warning from bitcoin history.NVT going green signals massive bull runs,
as you can see we get a triple top trident red pattern on NVT then a drop into a green bull signal that launches Bitcoin past ATH.
There's no reason why it should not do the same this time. It looks to me if this is the case that we could go sideways bouncing between 6 and 9 until at least September next year and if the NVT shows a green buy signal then its will moon past ATH. remember bitcoin never had futures and options influence in the last bull runs. everyone was screaming for big money to come in from them and now they may have to deal with it being correlated to the big money in every market
it COULD happen sooner, there are no rules, it could go to zero !! there are no rules, and of course, the alt's may keep taking chunks out of the BTC market cap if people like grayscale keep buying all the new mined bitcoin.
conclusion NVT has done the Tripple top trident and coming down bu way off a green buy signal. there needs to be more selling before it reaches the green buy
do me a favour. copy and paste this to twitter and see how long some of the youtube arseholes take to say this chart is their idea
Watch out for Xrp. It can give 3x profit.Hi everyone.
Although many xrp investors constantly complain about the Xrp not rising, a very clean bull pattern has formed due to the selling pressure on it.
If xrp price holds on to the current support and breaks the falling logarithmic trend with upward volume; I think an xrp bull might come.
Bitcoin halving, bull run, bear market , cyclesBitcoin Halving in red lines, then the bull runs, followed by the bear market and then the accumulation into the next halving
as you can see they are pretty similar.
if the past repeats, we are not far from a gradual uptrend!
how ever, the last market cycles did not have futures, options etc involved so it could be interesting.
Bitcoin is now in the hands of hedge funds and whales. my concern is there is no ICO craze like 2017 which we all have to admit was most of the hype and pushed the price. Also, remember that CME futures news was broken in the summer of 2017 which brought in outside big traders in who started to buy up like crazy and when the date of futures was set, on that very day they sold and shorted. they could yes do it again but with most BTC being snapped up by greyscale as soon as its mined, id be surprised if we see 10x. they would be happy to see 5x before they sell.
as for Defi, like every other FOMO , It's not going to do what everyone is saying!! just another experiment by very clever people
Link looks good, but theres lots of tokens and the projects they are joining up with need mass adoption!! cant see that happening with facebook bringing out its blockchain soon.
Energyweb looks super interesting. research that $EWT
GOOD LUCK MY FREINDS...
IMO THE BEST WAY TO SEE WHERE THEY PRICE IS GOING, LOOK AT BITCOIN LONGS v SHORTS, IF THE LONGS ARE MORE THAN THE SHORTS... SELL!!
Bull Dragon - The Tri Scenario. This is it Bullish or Bearish!?Hello
its been a while, congrats to all who shorted the last 10k to 3k ride from few months ago.
now it is happening again?
are we riding to the hell again?
should we short or long?
As you can see in the chart.
The possible scenario for me, depends on the price action is.
Green Scenario - we should stay at 9100-9200 level
Yellow scenario - break of 9k level or below 9100 level
Orange Scenario - continues downside of breaking the 9k
i wont need to explain this three scenario,
the price action will give you a hint,
we need to watch this level and price action for this upcoming weekend!
will we fall into weekly view ? Btc Weekly ViewGreetings friends here I have a view and analysis in weekly temporality where we will analyze their possible movement in short according to these 2 indicators
1) Rsi
2)macd
Where we can see a retracement according to the history according to the RSI pattern in the last 3 corrections were
1) -30% until you get over-purchase
2) -27% is followed in copper purchase
3) -46% coming out overs selled
in this weekly analysis we can see a pattern similar to the past where it is coming out is oversteer to look for a liquid to rise again more strongly after breaking the trend line (yellow line )
key points and observation points
pivot point $8134$
possible correction pattern by analyzing past $6845
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