Get started

BTCEUR

The Holy Flex Chart: BTC Top Still To ComeCongratulations if your computer can handle this chart. We are looking at the holy flex chart, ladies and gentlemen. And the top may be close on a short time frame, but here on the daily we are looking at the previous 2017 run in comparison where the 2-year MA was blown right through and we are far from it. On a long time frame, this is looking like the top is going to be far higher than current ATH ($64,829.14 USD) unless an unprecedented change to this bull run occurs. However, we are expecting the bull run to continue for a few more months, likely ending around September, 2021.
INDEX:BTCUSDLong
by e0sin
BTC: Might be forming a bat patternFirst of all: Don't ever try to trade based on prediction of a harmonic pattern. Second: Don't ever forget the first tip. Based on this Bar harmonic pattern 61500 is a strong pattern. After reaching it a dump is probable. Additionally, the next Fibo time cluster is 4 days away, which leads us to the drawn pattern. This is just the beginning. Guess if the pattern forms what will be the pattern of higher timeframe? !!!A REVERSAL HEAD AND SHOULDER!!!
Long
by bmohammadh1
Trading Bitcoin For Dummies : THIS IS WHAT WILL HAPPEN Give me my damn likes and follow me you damn noobs. Never short bitcoin. Or i will see you at the entrance of a freeway 🛣 while you envy my lambo and i give you a little bit of u.s coins. I stare at you deeply in your eyes and tell you....”you shouldnt have shorted” as you nod.... you log into kucoin and put a 10x long position of 30 days and make what you lost when bitcoin reaches one million dollars a coin. Ill see you at the ferrari race track.... dont short or youll lose your shorts 🩳
Long
by UnknownUnicorn19607214
4
Bitcoin Simply Thought - BTC Price AnalysisHello dear readers, I am a big fan of keeping the chart simple and clear. I think there is a common thread in every chart. Of course, there are hundreds of analyses and approaches for one and the same situation. But the intersection, that is, the overarching direction of the market participants is particularly interesting. It is like a primary trend (not individual), with the corresponding outliers in the secondary trend (individual opinion). To recognise this intersection, a clear analysis is often better in my view. The obvious factors will have the most influence, and not a swing in one of x indicators. That is why I have kept this BTCEUR analysis very simple but relevant: - The primary trend continues to move bullishly in an uptrend channel. It is always more likely that a trend will continue than that a reversal will occur. . Accordingly, there is no good reason for this corner to believe in a trend reversal in BTC as long as the trend channel with the D-Close can be held! - On the contrary, the price is currently at an entry point from the perspective of the trend channel. - Resistance becomes support! After Bitcoin first failed very frequently at the horizontal resistance zone marked, it finally managed to break through. A resistance that can be overcome becomes a support. As this resistance was very strong, I also estimate the support to be strong. Conclusion: - The market structure remains intact. - The price is at an exciting entry point. Support here is provided by the trendlines and the horizontal level. - The price target looks realistic, a sensible SL enables a trade here with a CRV of over 4. - If the trend channel is left with the closing price, I end the trade. As always, it is "do your own research" - I am not an investment advisor and this analysis only reflects my personal opinion and is not a call for individual action! If you want to support my work I am happy about a Like & Follow 🙏 Best regards & success! Chartdigger
Long
by CRV_Trader
1
BTC: Obstacle ahead....will go throughAlright, so the ultimate target is 125000€, but before that, BTC has a challenge to overcome. We're in the final wave of a cycle started in 2011 (I know, this Kraken data goes back to 2013, check Bitstamp) and there still is room to rise. However, this summer should see a chaotic time with a drop from an expected top at 66700€ down to a first support at 38000€. A word of warning on this expected obstacle: - wave 2 of (3) was shallow...so wave 4 of (3) could be deep and that leads to an intermediate trough at 29000€ minimum. Humm, I don't like it, don't want to believe in it! Anyhow, current trend is in a wave 3 of (3) of so higher highs are expected towards the end of 2021. wave (4) of is expected by mid-August.
Long
by djahma