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BTCCNY

bitcoin :: para bowlic fool play every day (read description)dont let them wicked bowls squeeze you (be it daily, weekly, quarterly, decadely) Cryptocurrencies are expensive compared to the past and in a parabolic hypecycle. So most people expect relevant decrease in the following few month The bitcoin fork news arent that heavy positively or negatively. many developer's eyes may be watching bitcoin code so bitcoin may be set to run most stable If it wants. Even a failed fork will only cause a very temporary downtime. Dirty politics try to manipulate. But We decide. Nothing grows exponentially up in the sky, why build the tower of babel every day again? is such nonsense really any characteristic, rational - or just proof of gambling and poorly/un-regulated markets? - Of course it is confirmation of interest and potential, but not smart persistent/sustainable one. Exponential price movement simply also signals something wrong/shady. aka. "They want a lot - but they have to hurry" why? to fool you. (im selling some bitcoin but this chart is not high leverage trading advice, because it is short term and im not sure what the highest price today will be. )
BITSTAMP:BTCUSD
by fineregex
7
A tough road, for the way up, before SW2X.As you can see the downward trend is getting slowly with the support of the purple track between Fib 50%~61.8%, aslo the technical indicator is showing the bear is out of it's power, so, if we can got a big green candle with large volume, that would be a perfect signal for trend reversal, and I will see if I can find some good chance for long. The small flags is showing the important resistance during way up, some of them is from the MA, Fib level or early support. So, let's wait and see. Good Luck.
B
by bamboodian
LTC - Moon or moon later?After several hours looking into why I didn't see the Litecoin pump, I came to the conclusion I was looking at the wrong charts. LTCUSDT and LTCBTC are not really that important anymore (and those were the ones I was looking at). The important chart is really LTCCNY, considering China is exploding in volume and the Technical Analysis trend is quite easy to predict there. Check out the rising channel here. It looks hyper bullish. Right now there are two options. It either continues to go up and reaches a resistance in the upper line of the ascending broadening wedge, or it goes down and bounces to then continue going up. There is a smaller chance that it ends up breaking down to 235 CNY. I haven't bought into the current rally yet (although I bought the pump three weeks ago and sold near 350 CNY / 46 USDT). Waiting to see if this goes up or down to decide if I should buy now or wait for the bottom to buy in. Good luck :) Check out my signature for my Free and Premium Groups/Channels.
L
by CoinMajesty
34
Bitcoin Long Term Trend Analysis..A near term clue? (BLX Update)(Updated For BraveNewCoin Liquid Index as requested to show this trend actually dates all the way back to 2011 and earlier!) This chart illustrates long term extrapolation of the log chart trend for Bitcoin , with key Arc trends which could hold a clue to the near term future and longer term trend. In Summary there has been 4 periods of 'mean' bullish growth / consolidation in the lower arc range with one period of hype and one period of bear market. Following the updated version for 2011, we can also add a one year micro period of Hype, Bear and Bull Based on this historical trend, any break of price above the white line pushing toward the pink average arc line has either resulted in a slam back down to the yellow support range or blasted off into the hype territory. This would therefore suggest that the top of the current move is likely to be somewhere around or just above $2k, however a break of this and a repeat of the previous moves could see bitcoin having the potential to make a push towards max $20 - $30k over the course of a year, with the current move simply being the start. i.e. $2k breaks and we could see much, much higher after which a long term bear / consol period would ensue. Pressing into 2020 we would likely resume the moves proceeding the 2016 halvening around 4-$10k and quite possibly another hype phase, again following it, much higher towards $70k. While this is an extrapolation of a back trend looking towards forward price discovery,the market conditions fit and hey... its all i have to work with. As an investor it would appear there could be great gains to be made both based on the supply halvening fundamentals and increased demand. The yellow line as a floor indicator for a break of long term trend will be key to my bag holding decision making. Within this trend, even an investment at $2k (should it be the top), may yield a return of c.5x based on this trend around 2020. As a trader, the current market condition suggests a real make or break as to wether we enter a short term shorting opportunity or a really awesome period of volitility for two periods. Whilst this is not financial advice and is only evidence of a clear trend it represents to me awesome opportunities and exciting times ahead both in the short and long term. Hope you found this of some use. (Update) More evidence for us being either at the top of the current move, or at the foot of a huge run up in my mind came with bitcoin getting caught up in the global hack towards the end of this week. I see one of two scenarios playing out; - a 'china bans bitcoin' event where governments wage war on crypto. This will probably cause a run off in price similar to that seen at the start of this year - a realisation that bitcoin is not going to be going away.. governments and institutions will have to buy bitcoin as insurance against these hacking events which are going to occur regardless of whether they try to ban bitcoin, (which of corse they can't) and therefore it will be necessary for BTC to be held as an insurance to bail out. As they say, any publicity is good publicity and I would imagine that the second senario described will inevitably cause the next hype style period at some.. the question is will the price have a shock before it occurs.
BNC:BLXLong
by filbfilb
23
Bitcoin move incoming this week!Hello I would expect a big move from BTC in the following week. As you can see on the chart we have been compressing for quite a while and both MACD and RSI are nearly neutral at this point, so before you guys jump in to take a trade we should look for some clues off the heading of this move. 1 Lets take a look at the order book, is quite heavily filled with sell orders so it would be much easier to push BTC down and up at this time. 2 We need to wait for MACD to give as a clear signal. 3 We want to see the RSI trend line break upwards before jumping in long. 4 Also we don't to close inside the cloud, this is not good as close inside cloud will mean breakdown from upside to downside. At this moment we are on the support line of the cloud and we want to see that this support holds on before go long. - At this time 09-07 for me it looks like we are going down... BUT hopefully we can go up. I will update post when the signals gets more clear. -Tedy
OKCOIN:BTCUSD
by TedyTrading
1
Bullish or Bearish? Wait for the triangle to breakIt's starting to look like the plot of a movie. Half of the market seems to try to convince (themselves) we're bullish. The other half is trying to convince (themselves) we're bearish. Everyone looking for validation everywhere. I'm currently out in USDT and sold the three tops. Really not convinced this is going higher so I'm more on the bearish side. But I know I could be wrong, so I'm ready to turn sides at any time I see this going up. 1. First reason I'm still bearish is the 3D MACD line. It has just crossed down and I think there is a lot of room to go lower. 2. It does look like a Head & Shoulders formed. 3. At this precise moment, BTCUSD is within an ascending channel. These kind of channels tend to break down. 4. Yet another one, BTCJPY is within a rising wedge and 1H MACD wants down. 5. We're currently at the last pitchfork resistance. ______________________ There is something I see bullish though, which is the current triangle fractal we're in, resembles the one just before. If this plays, we should dump one more time, bounce, and then go up. ______________________ Currently, my advise to everyone who is anxious to buy back in, or doesn't know for sure if it's a good idea to sell now and take profits for a three month bull run, is to wait and see the direction where this triangle breaks. If it breaks up with volume, buy in and sell around 3800. If it breaks down, well, don't buy. If you're holding use these key levels to get an idea about what to do. Good luck!
BITSTAMP:BTCUSD
by CoinMajesty
39
BITCOIN : no party lasts forever in this worldi may participate if there will be another bitcoin party later later / another year but Half the people went home already. Decrease/reversal also happens exponentially. "party" - i mean secondary, third, fourth hype cycles: now it may looks less crazy than2013. But parties are also not rational. you still cant defeat the time. i dont feel like giving exact trading advice today. any suggestions in comments will be appreciated. If you will like this idea i will appreciate if you tell whether you are personally neutral, short or long. (i believe a like in one's favour is less remarkable than a like against one's current positions.)
COINBASE:BTCUSDShort
by fineregex
6
BTC Bullish with significant line for supportJust wanted to highlight this RED line that has maintained support for the last 4 month The Green line was the previous bullish channel we broke out up from previously Reversal signs with Candlestick patterns and indicators should confirm a continuation of the current trend The line is significant for all the crypto market not only for BTC Note the last 2 circles on the right side were trials of reversal with no success If breaks, It might be 2000 Mark support The red dotted line is significant as it is round number Provided support in the past lies at Fibonnacci level of previous price movement trade according to your taste best of luck everyone
Long
by dr.ehabaziz
BTC short term, SHORT? or buy the dips!?Hello everyone! Below I have some logarithmic and some normal charts with their potential support levels. The main chart is my logarithmic BTC-e Chart, which last night held support perfectly. However if that support breaks, we are going to need other charts to get some entries/exits for our longs/shorts. My belief is that we are going to hold at 2200$ for a bit and that this could be good buy point or exit for your shorts. Like I said in my previous idea, the altcoin/ico bubble going down and the uncertainty (in a smaller extend) over Segwit and the Hardfork are the main reasons for pushing the price down at the moment. Until the situation gets more clear in about a month and we have a resolution in less than 2, the price might already be above 3000$. In terms of oscillators/momentum and moving averages, what I am seeing is that we have plenty of room to the downside, yet we are oversold. Even if the trendlines break, the first break is a buy the dip opportunity. The main trendline since March of this year is clear support near 2000$ and I consider that a great buy. Not a long term buy, but a buy that could give a nice 200$ run. Bitfinex should hold around 2150-2200$ Kraken - Short term 2200$ BTCC - Support at 17000CNY, but has broken all strong support. My exotic pairs index shows that we already broke short term support and have another 230$ to fall. My USD index shows that we are flirting with the support and we are about to break it. If we break 2300$, then we could go to 2150$ and and then 2020$
BShort
by BitcoinMacro
1
BTC forming Head and Shoulders Pattern The Daily Chart shows a pretty obvious Head and Shoulders pattern. I will play this long from here on out until we form the right shoulder. Once it hits its previous high I will sit out and wait for the bearish reversal and play it short on the way down. I will announce my trades --- I will use longer term swap contracts with small leverage for the way up and big leverage on the way down. I placed a Fibonacci box on top of it to show the key retracement levels as this plays out I will zoom in and update with 30min or 1 hour charts. P.S. I am also going to check this out in the Yuan and the Yen and see if one of them looks more attractive for the upside or downside relatively speaking. Happy Trading -The Wolf
BITSTAMP:BTCUSDLong
by shayk47
8
BTCUSD: UpdateI think we will see a sideways range in $BTCUSD, as anticipated in my last publication. Having bought a position very close to the recent correction bottom, I can comfortably wait it out until the weekly trends are ready to rally again. The timing for this event interestingly approaches August 1st, so, it makes me think the market will grind sideways for longer. There are two targets I came up with, after processing information from weekly and daily charts, which indicate that we can hit prices between 4000 and 6000, so, it won't surprise me to see prices rally rapidly, once fundamental risks are out of the way. I aim to build a 20% position in $BTC by then. Longer term charts imply a rally is likely all year, which is even more interesting, since the SEGWIT2MB date for a hard fork would be by the end of the year, this could be a cause for a correction or consolidation, cooling off after a 2 year rally. Cheers, Ivan Labrie.
BITSTAMP:BTCUSDLong
by IvanLabrie
8