Btceuro
One more Push!Looking to a 30min chart, we can see that the bull run is confirmed. We are starting the 3rd wave of the larger degree. Let's look to a smaller degree, we are finishing the V wave of the smaller degree to complete the 1st wave of the larger degree. One more push to the 7600 will make me even more confident. Pushing to challenge the ii wave pivot, of the down trend ( in green ), would bring more confidence to the bulls and less to the bears Market Cap is growing steady, although we need way more volume to take us to the moon. After that, we expect an ABC correction. A good entry would be between the 50% to 61.8% fib Retr of the entire move, to start a long position. BTC is still finding some resistance breaking above 75 RSI.
I'm just sharing my analysis. This is not an advise for buying or selling.
To the moon !
Peace!
Bitcoin BTCEUR Eagle perspectiveHi Traders,
I'm looking on Bitcoin in a larger perspective - would love some input and thoughts about it from other traders, so please comment.
If I take the larger count of Elliot Waves, I get this chart as you can see. In this scenario, the C ends up being a bit trunkaded. (I'm no expert in EW!)
But reading the impulse waves up, I see that the 5th wave was huge, so is it fear to expect a huge A correction as well?
When I look at it this way, I cannot see that the C wave is finished yet..
Love to hear from you
BTCEUR update - correction phaseHi all,
Here's a quick update on the BTC EUR on a 4 hour chart.
Still leaning a little bearish personally, but let's see what happens. If this really was the turn-around point for btc or not.
I am very cautious at this point with my tradings, and are waiting for some solid confirmation of direction of the market.
Happy trading to all
BTCEUR updateAnd when the Bulls, come running in, and when the Bulls come running in..
Finally some bullis action..
Here is some scenario's and possibilities, looking at a 30 min chart.
Let's look out for follow through bull action, and building of momentum.
No rush in trading ;) always new possibilities.
This is not financial advice. Trade at your own risk ;)
Short position on BTCEUR short term?Hi guys,
It looks soo bearish right now. Anyone know how many bearish flags going down is normal? LOL Really, I'd like to know :)
Possible to - at least very short term - to play short positions with tight stop loss orders.
Again, not finacial advice, just my own ideas I'm sharing - they are not to be taken as signals to buy or sell. Remember to make your own decicions and analysis ;)
Possible BCTEUR bouncesMy TA and thoughts of BTCEUR
Looks to me that BTC likes to retrace to the 0.78 fib. level.
If this holds up for this Elliot C wave as well coming down and are about to finish,
we're looking at approx. entry points for long position at EUR 5761
If the major support is spiked/broken, we're looking at EUR 4638
This will create a double bottom, and might be a clear reversal point
Let's hope in this case that Major Support trendline is just spiked, and not broken for further Bearish momentum and lower prices...
This is only my thoughts and analysis, and are not to be considered financial advice. Please make any buys/sells at your own risk and analysis.
Don't miss this Buy trading opportunity of BTCEUR!!Trading suggestion:
There is possibility of temporary retracement to suggested Buy Zone (7508.30 to 6384.70), if so, we would set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
Beginning of entry zone (7508.30)
Ending of entry zone (6384.70)
Technical analysis:
Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
Relative strength index (RSI) is 58.
Take Profits:
TP1= @ 8620.85
TP2= @ 9236.95
TP3= @ 10740.80
TP4= @ 12166.75
TP5= @ 14229.35
TP6= @ 16780.00
TP7= @ Free
Great Long-Term Hunting Opportunity in BTCEUR, Don't miss it!!Trading suggestion:
There is possibility of temporary retracement to suggested Buy Zone (6384.70 to 5110.00), if so, we would set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
.Beginning of entry zone (6384.70)
.Ending of entry zone (5110.00)
Technical analysis:
Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
Relative strength index (RSI) is 47.
Take Profits:
TP1= @ 7196.80
TP2= @ 8620.85
TP3= @ 9636.20
TP4= @ 10548.45
TP5= @ 11574.40
TP6= @ 14229.35
TP7= @ 16780.00
TP8= @ Free
Buy at 6947 Euros - New support line formedPrice was stagnant the last couple of days which made trading pretty boring, but we are now seeing some movement. Over the next day I expect the price to fall to around €6947 where it will find support, and then bounce back higher giving traders the opportunity to take profits.
Excellent Long-Term Hunting Opportunity in BTCEUR, Don't miss itTrading suggestion:
Price is in the support zone (9015.20 to 7950.00), traders can set orders based on Daily-Trading-Opportunities (Price Action) and expect to reach short-term targets.
Beginning of entry zone (9015.20)
Ending of entry zone (7950.00)
Take Profits:
TP1= @10406.40
TP2= @11574.40
TP3= @14229.35
TP4= @16780.00
TP5= @Free
Technical analysis:
.Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
.Relative strength index (RSI) is 39.
.Current short-term is range bound, but resumption of uptrend is expected.
Excellent Long-Term Hunting Opportunity in BTCEUR, Don't miss itTrading suggestion:
Price is in the support zone (9729.4 to 7950.0), traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
Beginning of entry zone (9729.4)
Ending of entry zone (7950.0)
Take Profit:
TP1= @10406.40
TP2= @11574.40
TP3= @13788.50
TP4= @15020.00
TP5= @16780.00
TP6= @Free
Technical analysis:
.Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
.Relative strength index (RSI) is 39.
.Current short-term is range bound, but Resumption of Uptrend is expected.