BTC/USD Today's Movements !!!Bitcoin apparently respected possible support near a bearish channel bottom zone.
To think about buying moves, and to be more optimistic, we cannot miss the yellow line, which is between U$ 31,000 and U$ 31,500
In case we lose this important zone, we will spend a few more days in this lateral movement.
Or resume the bearish movement.
I believed that we would start a sharper downward movement, but with the call together with Elon today, prices were stronger than I expected
in your opinion we will make a move like the one plotted in bullish green or bearish red, leave your opinion in the comments.
I hope to be able to contribute to the reading of friends and if you have any suggestions below in the comments, we are here to always learn. I'm not the owner of the truth, this is just content based on my rationale.
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Disclaimer: The above comments reflect solely my opinion, this is not a buy or sell recommendation. Just a series of published studies, so that together with the community, we can discuss operational tactics and techniques.
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Bitocin
BITCOIN CONFIRMED THE 30800 + ZONE - WE ARE INTO FULLY LONG TA.Hello trading friends,
We did add into before trend that if we break the level of 30800 that we could get confirmed this trend and enter a new uptrend, and we can say depending on TA and market trends Uptrend activated - if you want to be read before view check here below
We are into the long trends - and with time we will follow the trend - as long trends are into uptrend there is no reason for a breakdown trend.
Have a good coffee time!
Like follow for more BTC updates, thank you
EU 10% today ! Over 40% on Friday! As Forecast last week. We knew Eurusd was going to make a new daily low. We could have a bit of pullback at the start of week to hopefully push down and fill the weekly gap slip and IMB . Friday afternoon was a great trading day I entered 3 trades with the three wins. All entries were on the 1min and 15second chart! Today, I made a quick 10% in 20mins. I entered on the 15second chart. I will post below. Consistency is the KEY!!!
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BTC death cross is mostly just fud.The last time we had a ema cross, was a golden cross (bullish) all the way at the start of the bullrun.
This "death cross" will give an opportunity to flip back into a golden cross and build up momentum.
Look back just before the covid black swan event in march and check the double deathcross we had, The price did not even drop much on the first one.
What im saying is do not be scared of this event. This is a great situation to be involved in considering the bullrun is no way near over.
Stay calm. Do not panic sell.
Critical time for Bitcoin aheadBitcoin has completed 5 wave pattern and now it is at a very critical stage.
Luckily after point E, lower part of the triangle manged to hold selling pressure and bounced back up.
Now on the chart it is very critical for Bitcoin to break above the upper part of the triangle which will be decided the marked critical zone.
If bitcoin manage to break and stay above that critical zone, it will continue in an upward trend.
However if fails to break or hold upper part of the triangle then Bears will be in control and Bitcoin might potentially fall back to 29K level.
Next couple of days are critical for Bitcoin.
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Note - These are my personal notes and in no way a financial advice. Do your own research and Trade wisely
Internet Computer (ICP) Have We Finally found the Bottom?Internet Computers chart is looking very very juicy from a technical standpoint. A front page cryptocurrency in the top 11, has Coinbase listing, has over a $10 Billion market, was recently dumped, and now going sideways. These kinds of chart setups don't come too often, usually after a cryptocurrency is released, pumped, dumped, then flatlined.
It' seems like ICP is holding a sturdy support of $100+ in this Elon Musk engineered bear trend. When Bitcoin temporarily traded at a low of $29,000 from the flash crash; Internet Computer (ICP) did hit an all time low of $89 but it was quickly bought up.
But can we go lower? Yes depending on how Bitcoin feels, but so far on Bitcoins worse day ICP traded at an all time low of $89. I do believe ICP will get picked up from these prices in this overall bull market. Like I said I'm keeping a heavy eye on this project and this chart.
Cheers! Much peace, love, health, and wealth.
BUY THE SMALL DIP BEFORE 56K - BITCOIN ON LONG WAY TO BREAKOUT!BUY THE SMALL DIP BEFORE 56K - BITCOIN ON LONG WAY TO BREAKOUT!
MD1919 shows great trends into bitcoin ( ETN TOOL)
NO SMALL WHALES HOW MUCH YOU ALSO TRY BITCOIN WILL INCREASE!Hello trading friends,
There are a trend of small whales try to break down the price, but how much they also try bitcoin will come strongly back, as the big whale trend still active, that's the reason of this title NO SMALL WHALES HOW MUCH YOU ALSO TRY BITCOIN WILL INCREASE!
For traders, use good stop limit, and trade safe!
55k is our golden target.
WHALES CAN BRING BTC INTO SHORT TERM TO ATH - AND THIS ARE WHY..Hello trading friends,
I hope you have a great time. and for those that trade not go as they want i would say never give up and learn from your mistakes. there are always changes.
Bitcoin did show some increasing trend, and 1 of the reasons that they happened are also the buy order of Michael Saylor what gave some effects. we did add this before that Monday are a possible Michael saylor investment data.
What is next target?
61500 are the very important targets, if we break this point, we can go to 66K trend.
We see last time this trend
When the market go into a dipping trend, whales buy directly back, so it means there are a plan for more trend into long term.
On another side, we have the ETF
Grayscale publishes the roadmap for turning its products into crypto ETFs what can make some changes to the price of bitcoin for next time
We have also the coinbase to Wallstreet trend what can bring new orders into BTC. and we not talking about PayPal,credit card, or tesla.
Our ETN tool still shows a long trend and with possible ATH in short term.
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Discipline are the key to success - Take profit - Learn from your mistakes and never give up!
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SHORT POSITIONTECHNICAL FORECAST FOR EUR/GBP: BEARISH
EUR/GBP DAILY PRICE CHART
EUR/GBP ATTEMPTS TO SET FOOTING AFTER TUMULTUOUS SELL-OFF
The normally sleepy pair of EUR/GBP has been abnormally active so far in early 2021 trade, driven by a growing divide between the UK and Europe around vaccine progress. The pair did finally start to probe some support a few weeks ago that’s since helped to hold the lows, and this plots around the 78.6% Fibonacci retracement of last year’s major move.
But sellers have remained very persistent, and this opens up a couple of interesting possibilities given that support is still, as of this writing, in place. First, traders can approach the setup with breakout potential in mind, looking for a breach of Fibonacci support to lead into a possibly new bearish trend. Or, alternatively, a pullback to find resistance around a prior area of support could re-open the door for bearish trend strategies. This could be sought around the 61.8% Fibonacci retracement of that same major move that had helped to set support in early-February.
This can keep the focus for the pair on the bearish side, looking for the British Pound to continue to outperform the Euro.
We are looking at sell position for a target @ £(0.83011) with our stoploss above £(0.8838) Fibonacci Retracement
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