BITCOIN A HEDGE AGAINST REAL , RUPE AND YUAN.WHEN ANARCHY IS AROUND THE CORNER THE COIN OF THE ANARCHY RISES.
THERE ARE THREE REASONS WHY BITCOIN IS DOING BETTER AGAINST REAL, RUPE AND YUAN THAN AGAINST THE US DOLLAR.
FIRST OF ALL IS THE BLACK ECONOMY THAT IS STRIVING IN THIS COUNTRIES AND BITCOIN IS A WELL KNOWN ASSET THAT IS LIKED BY THE ILLEGAL ENTITIES THAT USE MONEY LAUNDRY SCHEMES.
SECOND IS THE RISE OF THE STRONG LEADERS IN CHINA , INDIA AND BRAZIL . THE CREATION OF MODERATELY AUTHORITARIAN REGIMES IN INDIA AND BRAZIL AND THE SLOWLY CREATION OF A FULL SCALE MAOIST DICTATORSHIP IN CHINA IS CREATING A LOT OF INSECURITY IN THIS COUNTRIES CURRENCIES.
THIRD REASON ARE THE TRADEWARS . THE TRADEWARS ARE PUTTING A LOT OF PRESSURE IN THIS COUNTRY CENTRAL BANKS TO LOWER THE VALUE OF THEIR CURRENCIES IN WAY TO BE MORE COMPETITIVE AND ATTRACT MORE INVESTMENTS.
BTCCNY
Bitcoin Will Hit $15400.As you can see the BTCUSDT chart in 3 Day Time Frame
As per my analysis, I have found the Bullish Flag Pattern Market has
Make Bullish trend then consolidation against the Trend
We need to wait for Flag break upside. There Two scenarios of the market either Can upside by holding 21 EMA or Market will Come down as shown on chart My Upcoming After Breakout Target is $15300.
it will take 30 Days to 45 Days or may up-down.
What is Flag
The flag patterns are commonly found patterns in the price charts of financially traded assets. The patterns are characterized by a clear direction of the price trend, followed by a consolidation and rangebound movement, which is then followed by a resumption of the trend.
Credit: Wikipedia
Note: This is only for Educational Purpose this is not Investment advice.
Please support the setup with your likes, comments and by following on Trading View.
Thanks
Adil Khan.
BTC SHORT to 3000 level at leastWe are under the bullish trend line. Banks, Fed pressure as well as countries desire to own this space will short with Strength to collect more coins before the final push into the atmosphere. BTC needs to feel like it's dying before it can actually have a real run into the next halving.
Looking for 2590 USD in next 6 months.
Bitcoin — will the collapse continue? From $12000 to $9000Why?
Bitcoin — will the collapse continue? From $12000 to $9000
1) Bitcoin CME Futures
We have one Gap from $8500 - $9000
in 95% of cases, the market usually covers such gaps with the shadow of a candle or the body of a candle.
2) FOMO right now is maximum and EXTREME GREED
Bitfinex Longs and Shorts:
Longs = 82.70%
Shorts = 17.30%
when you see such a picture the market usually goes against the majority!
3) Fear & Greed Index - 62 right now
Yesterday = 83 (Extreme Greed)
4) Launch Binance Margin 2.0 (x3 Leverage)
People buy or buyed right now Bitcoin and after that can close marginal long positions.
5) China Hang Seng Index (Chart Like Bitcoin) ;)
I do not recommend using marginal positions !!! The best solution is to wait for the fall of Bitcoin or buy altcoins!!!
Bitcoin Latest Technical AnalysisWe are doing Analysis of BTCUSDT on 12 hours Timeframe.
I have Mention Support and resistance levels on Chart
Note: This is only for Educational Purpose this is not an Investment advice.
Please support the setup with your likes, comments and by following on Trading View.
Thanks
Adil Khan
BTC Potential Pattern?Over the week I have seen a lot of manipulation on the decent of BTC, since the 14 K drop.
At key points, I have seen at first hand whales orders coming in and directing the pattern, with massive orders on BTC (5000 BTC orders at some point), and seeing the path it takes.
My own opinion at this point is F... holding BTC, go in and out for they will dump it when its convenient.
I will go long when they are done pushing the prices and leaving it to its natural flow.
Volume tells alot, and volume has dropped and yet prices are refusing to go.
Volume from the 14K drop was the high and yet we see another attempt for a rally with much less volume.
I'm personally waiting on the DAILIES to go above the 12400 (closing above) before I will go long.
Note\Observation,
On the Daily chart:
RSI declining, MACD lines are closing in, all signs of bearishness, yet the price refuses to go down and if anything goes upwards.
ADX and DI bearish,
4 Hourly chart, ADX and DI indicates bearish momentum.
Cheers,
SS
4 HRLY Chart
DAILY Chart
Bitcoin Pump Or Dump Cumming SoonWe are doing Analysis of BTCUSDT on 1 Day Timeframe.
I have Mention Support and resistance levels on Chart
Note: This is only for Educational Purpose this is not an Investment advice.
Please support the setup with your likes, comments and by following on Trading View.
Thanks
Adil Khan
$BTC + CBOE = Curiouser and Curiouser Check this out
I've labelled everything for you so you can easily understand it.
We've got a wedge in price, which just means higher lows (green circles) and lower highs (blue circles) since we reached $9,100.
And from our previous run up to even get to this level has left it's own trend line (yellow circles).
Now I know some people dismiss sloped trend lines because they're subjective, but ~ they work. You'd never trade off them alone, but they definitely add confluence when helping to make a decision!!
Now check it, all 3 trend lines overlap at a single place.. and then if you run the Fibonacci tool from the low to the high, it places the 61.8% fib (golden pocket - marked in gold) right on that wedge centre. (marked in red).
Then guess what happens just after that? CBOE Futures expiry.. Which I've marked also, which will be 6-7AM 20th June 2019 for us (AEST - VIC/SYD)
cfe.cboe.com
So while everyone's out there making silly predictions, know there is more at play than just 'up or down'.
This is no prediction of price post, but just a heads up on what's going on and why the market feels like it's shifting from bullish to bearish every few hours. It's because it is by constantly making a higher low, or lower high. but until we get a HIGHER HIGH or a LOWER LOW, we have no clear direction.
Pay attention!
You can watch this chart play out here:
www.tradingview.com
HOW TO TRADE A PERFECT SHARKThis chart is being posted for both educational and technical reasons!
On shorter time frames, Bitcoin has created a perfect bearish shark setup.
My Stop/Loss and all profit points are shown on the chart above.
The ideal setup:
Entry : $8000
TP 1: $7700
TP 2: $7450
Final Target : $7135
Stop/Loss : $8060
Bitcoin Could be Due for a CorrectionCorrections are needed for more upward movement :)
Bitcoin is currently grinding the top of the channel which has taken weeks to form.
One would think that gravity should pull us down, however the news articles, forms and chatroom's seem to be full of people believing that this is a new bull era.. (which it could be)
Looking at the TA:
Bitcoin is currently sitting at TL resistance within the channel and wedge that it has been forming over the last several weeks.
The chart also shows us sitting just above the 2.618 fib resistance level created by most the recent swing at the bottom. This level marks the completion of a bearish bat which if Bitcoin does not smash through, then
we will likely be dropping south out of the wedge and maybe even the long term channel.
My plan:
I have already sold my holdings and opened several small shorts from 5800-5900.
I am hoping to close these near the TL support which is around 5200 USD.
IF the harmonic bat holds true, then Bitcoin could get a retest of the breakout around 4300.
The major pairs in the market have seen nothing but upward movement for weeks. It is only a matter of time before we get a healthy correction. So just trade carefully and try be prepared.