The BTC price is currently in a rising wedge with the RSI trying to break its trend. I am waiting for pull back below $5K before adding to my long position. How much lower? Mid $4Ks. Fibs at 50%, 61.8%, 78.6% not shown on this chart. If we rocket higher from here no worries, I already have my long position. If we go lower no worries I'll just add to it. I'm...
Hi dear Traders and Hodlers! Everyone is wondering whether it is now or not. But what? Crypto and bitcoin rally! :) So we think the market, although is very low, is stable right now and we shouldn’t go any lower than $5800 - $6000 as marked on the chart as a “Massive support”. This will be the lowest so don’t worry. We can see 3 possible scenarios. 1. We will...
Bitcoin has formed an ascending triangle after holding the 786 of a trend based fib I have on the chart. If we are able to break 6900 with conviction then 6800-6900 should hold as support, and I am targeting 7155 and 7320-7400. If bitcoin breaks down on 6k I am unsure if 5750 will hold again, and I think its more likely we see 5560-5460. Trade Safe!
BITCOIN/EURO New trading suggestion: *The price is in an up trend and we forecast the uptrend would continue. *There is possibility of temporary retracement to suggested support line (6299.85) , if so, traders can set orders based on Price Action and expect to reach short-term targets. Entry signal: Signal to enter the market occurs when the price comes...
Stop at redline, TP at blueline Bitcoin touched 23% of the rise, short stop and high gain, Fibonacci for the win
Strong support at 5900 triangle pattern being formed. Neutral for now. more corrections ahead. waiting to see when we are going to break this formation.
Okay community of crypto, many of you are excited about the last uptrend we are seeing in Bitcoin. However if 5800 was the bottom wouldn't you expect higher volume; Major investors putting skin the game? What a great opportunity with the projection of bitcoin to 35k - 50k. The reason is we are still not finish I cannot maintain bias towards one spectrum of the...
Remember to check your own charts! This can change in a blink of an eye!
Hi everyone so what I see if this pair moving a bit , my projected levels are in orange: I see bitcoin hitting either one of my orange targets and possible bits of condensing in small range : Overall downtrend as we are looking for areas of support to me the nearest support lies where the double orange is indicated
Get ready for growth in the number of buyers
The news background contributed to the breakdown of the level of support. Correction can lead to a decrease in the area of 6000. In the area of 6000 one can consider the option of opening a long position.
Do you remember when $BTC hit 3K? Any parabolic move comes with a nasty correction/crash. I see this testing the trusty support near the 3250's in a few days.
Bitcoin reached multiple key resistance levels: - Channel resistance line through the highs (Jun-2016 to Now) - 23.6% Fibo extension from Nov-2013 to Jan-2015 - 3.618 Fibo circle extension from Jan-2017 low to Mar-2017 high Bitcoin is likely to correct short term and could test the 1250 level...
drawn from zero line, and squaring off, btc running into 1x1 line on weekly, a break above, btc goes much higher, but below on weekly we can see 800 btc, 1x1 is 45 degree line, its pivoting up and sequence states that a low will follow
BTC price quoted via GBP shows perfect price action at each 0 level. Hey, Brexit is just around the corner!!