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BTCGBP

Coinbase accepts fast £GBP deposits [FPS] for Bitcoin...Some progression in the UK at last for buying cryptocoins... the best site to buy crypto in the UK was cryptomate.co.uk (still has WAY more than ANY other!) now Coinbase has opened up the Faster Payments System with the UK banks so you can now instafund your Coinbase account with very little waiting time! ETC will be added on the 7th August you can sign upto coinbase here: goo.gl (fee free trading and withdraws) ------------------------------------------------------------------------------------ BTC/GBP: Going to see some more volume on this pair in August and beyond Charting this so UK buyers can get an idea of levels are targets while the US dollar controls the price still Seems like we had a Golden Cross form on the 22nd July and the COP moved up into the Bull area a week before that and it produced positive moves towards the last high of £6475, selling pressure has forced it down to the very strong support of the 0.618 fib level just shy of 5600 If this fib support holds then we can see retests of the last high and most likely with current market conditions to fake out and rebound back down to the last 2018 major lows of £4100-£4400, if the fib level breaks we can consider these targets without going to test the last highs good trades to all, come join us in our chat or leave questions in comments below....
by majorlee
9
BTCGBP - Coinbase- Simple Strategy: high return, LOW drawdownSame strategy as the related ideas below. ( VERY SIMILAR TO BTCUSD HOWEVER WITH EXCEPTIONALLY LOW DRAWDOWN AND HIGHER PROFIT RETURN ) Currently reading a short signal.. same as BTCEUR and BTCUSD.. no long signal in sight so far Strategy Refer to BTCUSD and TRONUSDT related ideas below for detail into strategy, which works well with only high volume/volatile coins. Summary: All indicators must cross to give a strong buy/sell signal i.e. fibonacci lines, bollinger bands , macd , rsi must be crossed simultaneously. PNL = +42.14% Max Drawdown = 0.89% !!! 6 closed trades in total spanning ~2months (over 21% profit a month!!!) In short: BTCUSD vs BTCEUR vs BTCGBP <----- BTCGBP wins :) BTC-Fiat is signalling short at the moment
by uahmad99
Why Being Bearish on Bitcoin Is Not Worth It (Analysis)While we may have access to a data of more than 6 years, some analysts with a bearish bias base analyses on data from 2014 onwards. There are three categories of such analysts. One that comprises of permabears (permanent bears) who believe Bitcoin (BTC) is headed to zero. Another category comprises of opportunity bears (bears with vested interests) who want to create fear and uncertainty in the market. This group of analysts and traders usually analyze charts on lower time frames like 60 minutes or 4 hours and with those charts of lower time frame, they make predictions for the entire year! This category of bears expects the price to come down so they can buy, but they do not have a long term bearish bias. The third group of analysts with bearish bias is the ones who base their analyses on facts and figures. This is the group whose ideas we are interested in discussing. The above chart shows a 2014 style bearish scenario. Some analysts try to draw lines up to $6,000 or $7,000 because that is where they want it to come down. Others draw a line to $4,000 expecting it to just fall straight to $4,000 and then quickly take off from there. That's what they want and they are mistaken. The market doesn't care about your wants. If a bearish scenario is to hold, it will be followed completely, all the way. This would mean that Bitcoin (BTC) reached a high of $20,000 in January 2018 and is now just getting started to complete a 2 years correction which will drive the price down to $4,000 to complete an 80% correction like it did after 2014 when the price fell from a high of $1,000 to a low of $200. It also means that Bitcoin (BTC) will continue going down till 2022 to reach that $4,000 target, despite all the positive developments in the cryptocurrency markets and blockchain industry. So, if a 2014 style scenario is to follow, it will have to complete the cycle and not just make a mid air trend change. In all fairness, that does not seem likely given the progress that blockchain technology has made over the past few years. Besides, the price already had a major correction. To expect it to go further down and to continue to stay down till 2022 despite all that is going on in the cryptocurrency space makes little to no sense. However, in case the above analysis does hold true and Bitcoin (BTC) undergoes a correction to reach $4,000 by the end of 2022, Bitcoin (BTC) will start a bullish recovery from there, even according to this bearish view which makes you wonder what all this fear and uncertainty is about. Last but not the least, post 2014 was about Mt. Gox. This is another strong argument why it may not repeat. Read Further: cryptodaily.co.uk
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by Jefe
35
Bitcoin Nice EMA CrossOver On The 1hr chart In Trending Channel Well i have no idea why i broke the house rules my bad :) but if the admins would like to give me a msg and explain as i see people like 'MAGIC POOP CANNON' can do whatever he likes when they are out shilling :D..Seems strange but anyway here is my quick chart lots of things i need to do today so will try and update later. Wow these boards are strange here we have a nice 10/21/50 ema crossover that happen a few hours ago i did post but for some reason the admins took it down.Anyway here it is again adjusted its looking good and we are also seeing the 2hr chart show the same crossover but we need to wait a little longer for better confirmation. Not sure why this did not go up the admins would like to explain it would be great things are looking good for now let's wait for further confirmation as you can clearly see on the (1hr) chart we have a nice 10/21/50 ema cross over this doesn't happen that often especially since we changed trend although we still have to wait for better confirmation could this be the change in trend we have been waiting for. And even looking promising on the 2hr chart time will tell im still sitting on the fence but it is looking better than it was :) a lot of shilling going on on this place :D..Don't let others pursued you what to do with you btc and why is MGPC getting away with all kinds of stuff..The Shilling going on within this platform is disgusting stop the shills and stop promoting shilling on here new traders will lose a lot of money. Good luck all not sure why my last post was taken down but Oi Oi !! will update in a few hours 10 /21 /50 Ema about to cross on the 2hr chart ??Time will tell wait for further confirmation.
BITFINEX:BTCUSDLong
by chase4fun2018
5
BTCUSD Trend Line indicating bullish Trend Acending Triangle$8000 - $8100 heavy Resistance possible good place to have an alert ready :) and see how the market plays out from there MACD And EMA look ok for now Still Looking Bullish Shorterm,Lets see what happens when we meet the apex and also if it can stay within the ascending triangle. The Volume also looks promising. Fingers crossed every one HooooHA.. Please feel free to help someone who is trying to get into trading one step at a time guys keep up the great work.And thank you for any support offered. This is not financial advice this is only an idea its up to you when you buy in. BTC 5.34% === 1LuVYASn75HZeLeKksExKTNwZpF59zXWk7 ETH === 0x6C4aa3B856D167977d39b4AB49aC66D967Edd9F2 BCH ========== qrd904m4v4k4mz0r4xk2dajkunt02jtg2gw8m8f57t
BITFINEX:BTCUSDShort
by PewPew2018
BTCUSD What Now ?Inverted Head And Shoulders Break Out Bullish ?I wanted to get this out there its on the 4hr chart all details are on the chart the 100 ema is crossing over the 200 ema would that be a bullish signal ?Also the 16 EMA is near vertical..We also look like we could be on the 5th wave and maybe we go to abc or do we go all the way up now add your thoughts and ideas below. ?There is also a wedge creating. Just plop your ideas below. Im looking at this short term maybe a chance to sell and buy back in on the retracement if there is one. ?I do see 17k easy long term but i can take some profit now to put back into the market maybe its time now to start take a little cash and buy back in ?I can get back in next week or i can sell and buy back in and take the profit to put back into bitcoin back in. Risk to reward im thinking about. If you feel flush and want to help a new trader please feel free to buy me a cuppa. @_@ This is not financial advice this is only an idea its up to you when you buy in. BTC 3.98% === 1LuVYASn75HZeLeKksExKTNwZpF59zXWk7 ETH === 0x6C4aa3B856D167977d39b4AB49aC66D967Edd9F2 BCH ========== qrd904m4v4k4mz0r4xk2dajkunt02jtg2gw8m8f57t
BITFINEX:BTCUSDLong
by BitcoinNews24
BTCUSD Finaly Found a uptrend :) Can We Say Bullish Hey all bullish signs again at last ??going too let the charts do the talking since the 50 ema crossed over the 100 - 200 ema in a bullish uptrend we seem to be entering the bullish stage im hoping all we have to do now is break the $11,065 resistance and we can them move to $12,150 This is not financial advice but just an idea to share, make your own mind up what you decide to do i wish you luck but this seems to be turning bullish to me now the bears may have finally lost the war, but always set you buy in and get out quick stop points. Fancy buying me a cuppa tea today Btc address bellow. 32j6cU8RXK9A5EqCPoPU5u5GTpVt1Pu8Vh
BITFINEX:BTCUSDLong
by PewPew2018
BTCUSD I Am Staying Bearish Until Resistance Is Broken I know the pump for BTC this morning is looking promising but you also have to look at the order books and see what is actually going on , are we being manipulated again and forming a pattern that to me looks very bearish, the red lines represent the resistance zones and we have a triangle pattern forming. I think its best to be safe than sorry have your stop points in place and your buy in places ready, many things could happen but i see the bears wining again they will lose eventually but there is no sign of any let up yet. Im holding long and waiting for a position but i will not put my cash in until im satisfied we are out of the downtrending channel, i hope there is enough steam left in the tank for the bulls to pull through but they have a lot of resistance ahead and we are going to test the trend lines again now. Im still learning so don't take my word for it do your own research keep and eye on twitter for people like Magic PooP Cannon see what decisions they make there far more advanced at TA than i ever will be im looking at this as an long term investment so a few hundred quid don't make much difference i would rather be in a good position when i invest. Good luck to all the investors Long short Bull Bear :) Personally i would like to see the main trend line broken properly before i make any investment..I think being patient is going to win the game in the long run check out every ones TA and make your own mind up. I've had my buy in places set and they have been reached many times then we pullback so until we break this trend im sitting on my cash. This is not financial advice this is only an idea its up to you when you buy in. BTC === 1LuVYASn75HZeLeKksExKTNwZpF59zXWk7 ETH === 0x6C4aa3B856D167977d39b4AB49aC66D967Edd9F2 BCH ========== qrd904m4v4k4mz0r4xk2dajkunt02jtg2gw8m8f57t
BITFINEX:BTCUSDLong
by BitcoinNews24
1
Bitcoin the king is coming back.***TRADE WITH YOUR OWN RESPONSIBILITY, THIS IS NOT AN ADVICE.*** My previous analysis pointed out the giant falling wedge on BTCUSD 9.30% . Store of value is the real usecase for BTC IMHO breakout happened already and we are about to climb back up. Trading BTCUSD 9.30% is much more tricky than trading other altcoins but a giant chart pattern will have bigger chance to play out eventually. I went long at around 10,000 and get caught up on the way down to 6000-ish, I was too biased and that caused my failure. *LESSONS LEARNED! Always ZOOM OUT. Fortunately, the price has bounced back. I have laid out my trade plan on the chart, as always I focus on finding good risk-reward ratio trades. Trade with care fellas. ***TRADE WITH YOUR OWN RESPONSIBILITY, THIS IS NOT AN ADVICE.***
BITFINEX:BTCUSDLong
by JoE
1
Store of value is the real usecase for BTCLike the previous analysis on BTCUSD, I successfully caught the top by comparing Bitcoin with Gold. Although they share some similarities but I do NOT think Bitcoin will go sideways from here. BTC continues to act as the 'base currency' of the whole crypto market. Some exchanges already adding ETH pairs, that's why I am bullish on ETH too, maybe even more bullish than BTC. Technically BTC could fall to as low as $8000 like many people suggested, but think about this, let's say it does go down to that low, you'll TEMPORARILY lose 20%, and what if it doesn't and shot up instead? You'd have to be FOMOing back into BTC or miss out this 75% gain opportunity. Again, as always.***TRADE WITH YOUR OWN RESPONSIBILITY, THIS IS NOT AN ADVICE.***
BITFINEX:BTCUSDLong
by JoE
1