Top and Bottom Analysis +4hs Trade idea on EOS by ThinkingAntsOkOn this post, we have made a full analysis on 3 timeframes of EOS and we developed a trade idea that is not confirmed yet, but we will wait for that formation
Let's start on the Daily Chart:
a)The ascending trendline was broken
b)Currently, the price is below a Support / Resistance zone
c)We can see a Flag pattern against the Broken trendline and the Resistance Zone
d)Flag patterns are considered continuation structures
Now let's take a look to the Weekly Chart
Trade Idea on 4hs, this is what we will be waiting for, before taking a short setup
Btc-short
Bitcoin forecast for next daysHi, I haven't been here for a long time.
I was quite bearish on my last few analysts, as we everybody saw BItcoin have rise very high. I didn't expect that BTC could go up so early. I was expecting long accumulation and start of a new bull season at the end of 2019. But this is trading, price is not always go in the same direction as we have in our minds.
I have start comparing Bitcoin chart from the beginning of the 2018 and it's look very similar with Btc chart today. Bitcoin looks like it's staying in a typical distribution zone. If yes, we could easily see 7000 usd in a couple of days, I trust in that analyst so I set my shorts on 10450 usd with a stop loose because Bitcoin can make us a little suprise, and start his way to the moon as we all wishing.
Have a good luck everybody and make some dollars :)
SHORT SETUP - BITCOIN Hi guys, from now on I'm going to share some interesting setups with you. I will share only market opportunities. On this way, I think it will be more useful. I do not like the predictions of the market very much. We are traders and what we want is to make money not to guess the next movement.
I hope you like it and let's go
Alt season here we come?
Hey guys.
So... in both of those charts we can see my prediction for BINANCE:BTCUSDT
and for CRYPTOCAP:BTC.D
After our massive rally to the 13k~14k areas and the rise of BTC's dominance, we could face a correction (which is a good thing after such an amazing jump (that you can see I told you would happen in an older post that I will link here )).
This correction could lead us to the 10k areas and even down to around 8k again if the momentum is strong.
Also, we can see that BTC's dominance reached the same resistance that it had back in December.
So my bet here is that IF this correction turns out successful, and the dominance will go down, especially after so much money entered the market.
It should and probably would spill into alts. Taking the big ones up first and the rest after them.
In the chart here you can see how I personally think things would go.
Hopefully we'll see 8K range again for a chance to accumulate even more BTC , because I done think we'll see those prices anymore in a year or two from now!
Bitcoin: Short trade when the price drops below EMA 100 on 1h!Good day everyone,
Again I post a very good setup, when the bitcoin drop below the EMA 100 on the 1h chart there is great potential for a short.
When we drop watch the target areas. As you see from my idea history, I'm one of the best and probably one of the most profitable traders on Tradingview. So don't forget to agree the post and follow me, I do it all for free!
BTC Short term Bearish BTC was rejected hard at the Golden pocket area around $13,800 region. Now seeing a retest of the important $11,800-$12,000 area that is significant in these past bullish weeks of btc. Notice how we are now getting rejected at the .382 from swing high to low of this structure. Popular are for shorts to enter Again off a relief bounce.Appreciate any support.
Declining Strength & Increasing Supply --> take a guessFunding still up near .52% for the current session ending in 50 minutes & estimated .8% for the following. After a failure on 3 attempts to break the 9400 resistance, buying volume keeps decreasing & selling pressure is staying the same at worst. Would expect at a minimum, 9200 to be retested but more than likely we head to the top of the old TR around 8950. Would like to see a strong volume bounce there to have faith in this rally extending, but would be surprised if we get it. Meanwhile, all major indicators showing bearish divergences, confirming the signals supply and demand are showing us right now.
Given sentiment and bullish parading after blasting up above $9k but on rather "squeezy" price action, max pain theory (market will move in whatever direction causes the most pain for the most people) seems to indicate a short term down trend as being most likely.
Lastly, all the major alt charts vs usd still look like death. much lower highs on very weak volume during the last btc run. Not finding a lot to be confident on in this market right now, despite btc being up 25% in the past couple weeks here.