Again Higher High in Price and Lower High in MFI Clear Sign of at least a Pullback or Reversal to Lower Red, StochRSI is Overbought and Price is at Important Cross of Two Significant Lines.
Big dump from 3015 and now retracing that dump, it'll retest the structure, fail and drop. Once it begins to drop, depending on market sentiment it could floor to 2800 or bounce at 2850 support. After ~2 days consolidation from the point it hits, it will fly up to resistance and test for the third time with a breakthrough. Shorting the bounce then longing the bottom.
Pushing daisies, retest bottom support, succeed and sky.
Long position opportunity with BTCE:PPCBTC also with OBV Profile Trending Upwards Breakout approximately around beginning of 2017.
2016 Bitcoin Bubble Mirroring 2013 Pre-Bubble Formation
Actually, if the US Markets crash, Bitcoin, while following GOLD trends, will likely rise when the US market crashes this year. Be prepared. I have a feeling even the long term US Bond Market will be crashing. Trust your gut.. buy some Bitcoin if you can afford it. The handle is still forming, expect Bitcoin to rise around mid-May to mid-June. Bitcoin to rise...
I think if we look at higher lows since october 2015 we can clearly see slow and steady rise in bitcoins value. Market is very calm those days but overall prediction is long. I think at January 2016 we can expect price 480-500 according to this steady appreciation. If you are interested in buying bitcoin, you can do it for sure on bitstamp.net or at eToro ( ...
LTC is currently heavily oversold. It is at the bottom of the multi year linear trendline at the moment and history has shown that it moves in concert with BTC when it pumps. Buying at this level and setting stops below the linear trendline makes alot of sense, Conservative buyers should wait for price to rise above 0.009 which was previously support from...
18cny possible soon, if not, to 30cny in any case, then bullish rally continuation or the last correction to 8cny before going up
Zooming in my last weekly chart to day-timeframe it is possible a triangle formation to complete the "b" wave. If we are into a bull trend since january then this correction should break down to continue a bullish rally thereafter. BUT if we were still into the bear market it would be very possible to see the price below 1500cny. Anyway in both cases it seems we...
Looks like we are in another infamous Bitcoin triangle. We had a nice short squeeze to $465, followed by a brutal long squeeze into the $350s. I suspect once this triangle resolves we should get a juicy move out of it. Personally I am leaning (and hoping) for a push to the downside. Simply looking at the Open Interest levels, I just don't see us having the buying...
Head and Shoulder Formed in MFI Which Signals Moving Down, it Also Shows a Bearish Divergence, and The Last It was at This Level was the Previous ATH. MACD is About to Cross Down. While I Remain Bullish in Longterm as Always, I'm Bearish for Now Because if it Wants to go Higher from Here it has to Gain Momentum Which Obviously Doesn't Have it for Now
Bitcoin is a failed project. 15%+ Downturn in BTC doesn't mean Bitcoin has failed. Does anyone remember 2011 or 2014? Bitcoin still works. Bitcoin is still evolving and Bitcoin is still facing difficult challenges. But If you've lost faith that. You lack a brain. no matter the currency exchange, I can still use BTC! Unlike a broken stock (You have to hope the...
Litecoin has a very interesting signal in the weekly chart. After faking a move to the downside and margin calling everyone and their mother down, it's highly likely that we see a strong uptrend emerge from this zone. You can see my reccomended entries on chart. As many know, I'm running a trading group, sharing signals for Bitcoin and Litecoin traders, mostly...
I dunno.. it kinda looks like a massive C&H with the recent C&H as the handle for our insanely huge C&H.. and after we hit $800, it will be the completion of an even larger one.. but I don't know anything.. don't listen to me.