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ridethepig | You Know The Drill ... BTFD !Even BTC could not avoid the exodus from risk last week. Positioning isn't the problem in this case as the market is back to Jan levels, a clean sweep of the soft hands to reset play ahead of the halving ...
We can expect to see a broad recovery of Crypto this week on the back of co-ordinated CB policy intervention, I still favour trading BTC from the long side around these levels, for a move higher towards $13,500 and $16,000, as the liquidity punch bowl continues to be refilled. Momentum in the macro community is starting to gain speed as confidence in public sector assets deteriorates, this premise will be positive for cryptocurrencies broadly.
In the medium term, potential Crypto hedges from risk will also come into focus as markets provision for losses in global growth and s/t EPS. Miners are in a bit of a tight spot with prices at these levels, there is a lot of liquidity being taken out the system in LTC at the moment which is help:
I have been arguing that positive BTC fundamentals should see the highs inevitable taken, but it became clear last week that positioning was too heavily loaded on one side and induced the BTC sell-off. Happy to stay long and add on dips.
Thanks as usual for keeping the likes, comments, charts and etc coming!
LONG GLOBAL MARKETS FLOW INTO BITCOIN 2020If a black swan event is in play BTC will become the Sovereign fast safe haven for investors.
The world is switching from analogue to digital so to speak.
50K could be on the cards
cointelegraph.com
cointelegraph.com
www.cnbc.com
finance.yahoo.com
blockonomi.com
bitcoinist.com
www.youtube.com
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BTC USD Bear in play? Test S8400 maybe $8080 Btcnews #cryptonewsBTC looking Bear too me. THe Bull Trap was setup, and for a longer reason the just the TRAP,Traders are waiting for Newbie traders to reset their Stop losses, and then to Short the Market, grab some cheap coins and then pump the Market. The 2 mentioned prices correlate wellon the 2 FIB Ret LONG PERIOD, on right side of chart, and within that chart i have another FIB EXTENSION Runniing with TargetsS SUPPORT AND RESISTANCE that overlay and correlate well.. This is a very technical setup here and may make little sense to not so seasoned traders, so i try and explain and show simple advice , but the charts speak for themselves if you can read clear TA.Little VOLUME coming in and BTC DOMINANCE Bearish recently FALLING, THERE IS A SQUEEZE ABOUT TO GO DOWN? The Bitcoin Halving will arrive and all will be well heading the right way, but right now this is my opinion.
If this report helped you to have an opinion and thought, and you liked my style and hard work then PLEASE like and follow. just a few seconds for the hours i spend following the Markets for you...and its currently FREE, Thanks.I play swing setups and Long Investments in whats trends are current.
I am NOT a FINANCAL Adviser .please consult Professional guideance before making any Trade or investment. Good Luck, Like Thanks im on Twitter.
#btcusd #btc #Btclong #byccomunity #cryptonews
BTC Bullish on The 1 DayAt some point I think Bitcoin will go megataon. I expect us to break upwards from this ascending triangle / (2nd pattern possible) descending wedge. Sure we may come down some and if we do I'd like to see us stay within these pattern(s) and eventually make a BIG break upwards!
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 | The Chart No One Is Looking AtThis is the most likely scenario for Bitcoin (BTC) in our opinion.
DISCLAIMER: Axsonex are not registered financial advisors and no information we provide is intended as financial advice. It is our opinion and nothing more. This report is for informational use only. Trading and investing in Cryptocurrencies is extremely high risk. Ensure that you conduct your own due diligence before deciding to invest in any asset. We have not/will not be(en) paid to endorse this project. You are responsible for all actions you take as a result of reading/viewing this page.
Strong bearish momentum on BitcoinBitcoin is reaching one of the most important resistances that it has, this resistance has been maintained since the beginning of 2018.
Most plausible scenario:
Bitcoin bounces downward looking for levels of $ 3,500. This is the most probable scenario because overall Bitcoin is still bearish, and I will change my mind once I see signs of the opposite.
Alternative scenario:
Bitcoin breaks resistance with strength and continues to maintain an upward trend. But attentive to the weekly chart that shows a moving average (25) very close to the current price that will very likely be a strong resistance as well.
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Slowly adding sell positions in the above blue zone is what I will be doing these upcoming days, if Bitcoin surpassed that resistance it would mean the start of a bullish momentum so we must look carefully what the market has prepared for Bitcoin.
I will be replying every comment, so feel free to publish here your own analysis or ask any questions.
BTC Looking to rally and complete IH&SHi One and all to my first BTC analysis of 2019. I hope you all had a wonderful new year.
Without further ado, BTC.
I have removed my IH&S pattern to aid clarity, if you want to you can go back to my previous publication to read what I had to say there about the formation.
A word before we continue though, as you will no doubt see BTC slid a little into the downside before just making a push through the trend line i have drawn here, I believe if BTC can keep this momentum we will see the formation complete.
As of writing this BTC has tested the old line of resistance and looks to be using it as support, that bounce may be used to propel BTC to test £4000 before attempting to go further.
I will continue to monitor BTC and look for conformation of this break out, or alert for a potential break out.
I am leaning more towards being bulling at this current time due to the MACD starting to curve upwards as well as the 200 MA looking healthy.
Post your thoughts and question below guys, ill answer any points you have and am always open to debate if you disagree with anything i have written here.
Remember though folks, this is not financial advice and any trades you take are at your own risk.
I, like all traders will be watching BTC and will take positions accordingly.
Stay frosty,
[BTC/GBP] Bitcoin supply & demand zones for GBP [BTFD]Greetings members and guests PLEASE hit the Thumbs Up button on the right to show some support and love ------------------------->>>>>> ^^^^^^^^ <<<<<
Comments and questions are welcomed below, please feel free to ASK anything!
HOW TO TRADE THIS CHART?
First like/thumbs up the chart then read below.....
This is a plan for GBP users looking at bitcoin prices to buy sell in the next months
use the coloured areas to get an idea of where we may bounce and rebound off
we are approaching a key area of $3k on the usd charts and want to show in different major currencies where these levels are in comparison to the leading usd charts
please leave comments below or join our BTFD trading group, we have current off to join VIP for only 0.01BTC p/m until end of 2018
disclaimer: this is for entertainment purposes only
BTCUSD: A tough battle lies ahead. However, do not be dismayHi All,
Hope all your trades are going well, It's All in the Chart.
"Be Brave, Be Deterministic, Overcome The Odds, It can be Done." ― Stephen Hawking. Both Time & Change will occur with or without us. Start today by preparing to do what is necessary & by the time you realize it, you're doing what others perceive as impossible, due to their self doubt of their own mental fortitude. And remember procrastination only leads to failure instead of success. Fully understand that 2018 has been bear market And a lot of people over extend themselves in the market. However it's no reason to be dismay nor feeling despaired.
Never forget its Mind over Matter. Start by changing how you think, act, react, how you treat others, how you treat yourself & letting others know your intentions. Then you can start responding to different obstacles in a positive manner, instead of reacting to life obstacles. Only then, will life start responding to you (you).
You can do it with different variance of your life not just crypto or investing. You are somebody, you do matter, you can make the necessary changes which are needed to change your life for the better, you can accomplish your dreams by setting goals and creating plans which prepares you for all unforeseen obstacles. You are the master of your destiny. Lose your victim mentality, by never blaming others for what is out of your control.
“Watch your thoughts; they become words. Watch your words; they become actions. Watch your actions; they become habit. Watch your habits; they become character. Watch your character; it becomes your destiny.” ― Lao Tzu.
Focus on what you can control and be repetitive so it becomes second nature to you. Take responsibility for your words, acts, or your actions, and take ownership of your mistakes and apologize. "Strengthen your confidence to be your true self in a world of people who don’t know who you are, where you come from, or what you know. " I firmly believe in you all.
For the past couple of days I have read many articles making claims such as the King BTC is Dead and so are the other cryptocurrencies. These articles shared their views and provided reasons as to why these publications believe the industry as a whole is very risky, creates a gamblers mentality, or self identification to the underline assets. And that is perfectly fine because we as investors and traders within the Crypto sphere, should be objective and open minded when reading or listening to counter argument as to why we maybe wrong in our assessments of the overall market.
By no means does this give us the right to call their articles or podcast bias, uninformed or FUD. Because I want us all to remember these news publications, economist, central bankers, authors, and so on and so forth currently govern our reality via different publications & media outlets. So it becomes extremely easy for these companies or individuals to investigate our market to understand the market dynamic and or to manipulate it. One thing I would like for all of us in the Crypto sphere to always keep in mind, decentralization fight maybe lost in the short term due to governing bodies, scams and ICO.
Remember crypto movement is not a quick get rich scheme, nor a short term adoption process by the masses. When investing never invest any amount you are not okay leaving and forgetting about for 3-5 years or even longer. Also when investing into a newer asset, the risk factor surpass even long term speculative markets such as bonds, mutual funds, housing, stocks, or even fiat.
Hence never invest more than you can afford to lose. Never leave yourself susceptible to manipulation. Crypto as a whole as a great deal of work ahead of each project I.e., scaling solutions, custody, Dapps for the masses to utilized, easy on and off ramp without the masses knowing they're using Crypto, governing policies, regulations for ICO & STO. Reason why I remain a firm believer in long term investment in this market. Regardless if I'm wrong or right, because until there are fully functioning Dapps we are just speculating. As someone who works in the IT industry, I understand website and application development are already tough enough.
Developers are now trying to Implement Dapp Utilizing cryptographic keys on a peer to peer basis. These task is currently unfeasible for scaling because the larger the node count the more decentralize the network becomes. However, these projects are sacrificing scalability for centralization. Mainly, because the more node count the slower the network becomes which is why most projects are starting to Implement side-chains. Decentralization network does not require every transaction to register on to the blockchain for a successful throughput.
This is why it becomes Imperative for the creators of this projects to start focusing on fewer Implementation of the Dapps which are being created. Instead of creating a jack of all trade Dapps. Developers should instead focus on creating two to four utilization for both Dapps and Platforms. White papers are simply fantasies unless implemented and products a build from them. Please remember this is technological revolution which will take time to develop. Only focus on price action if you are trading.
Be sure to follow me and like this post if it was helpful, and thank you all.
Like the Phoenix we will rise from the ashes
Happy trading People....
BITCOIN REVERSAL IMPENDING!! (BULLs time to shine)OKAY. Although I am currently studying for exams on monday - couldn't miss on this opportunity to post about this.
There has been a strong ascending trend-line in place since 2015 (Point A). The price has bounced off this line 5 times in the past 3 years. This is stronggg okay. I predict it will slowly climb above $5,000 and then drop down to $5,000, coinciding with launch of the bitcoin ETFs.
We can already see slight rejection of this line with a bullish pin-bar. "Buy when others are fearful"
GOOD LUCK!
Bitcoin's bloody aftermath update USD, GBP, EURO & JPYSo we got a new ATL for 2018
here are various fiat charts for reference on the weekly timeframe
no-one can really doubt we are now in a full bear market
to get OUT of bear market we need to move above these red trend lines of resistance which will not be easy!!
having huge success in our VIP prem group, join our free channel for more info
big up and peace be with you
Desicion time for Bitcoin, $10,000 or $4,150 ?*** THIS IS NOT AN ADVICE, DO YOUR RESEARCH AND TRADE WITH YOUR OWN RESPONSIBILITY***
Right now bitcoin is inside a Symmetrical Triangle Chart Pattern, we still don't know where it goes next but one thing we know is that soon the directional decision will be made.
If it breaks upwards the target would be $10,000, otherwise will go to $4,150 based on the Symmetrical Triangle Chart Pattern.