In this chart you see #paxgold / #bitcoin . This charts indicates the power of #xaugold against #btc . Gold has formed an descending pennant and this pattern is commonly ends up with bullish move. And also , gold is now sitting on a major vertical support zone. I expect #xauusd to outperform #bitcoinusd for weeks if this bullish pattern breaks out. If this...
Hey guys. I don't mean to sound ONLY BEARISH lately but Its just what I see and I am trying to give you all a heads up! I don't think BTC has the strength at the moment to get above the 49-50K area. I think a drop lower IS MORE LIKELY than blasting above 50K. For a blast to happen we would need to see a nice increase in volume and I just don't think we're...
Evening everyone!!! Well, here we are - Back at 40K! It's been a good ride & might I add a predictable one - Steamroller, Supply & Demand and even RSI giving us the green light on multiple timeframes! Let us know what you think and you think is going to happen in the comments!
In this video idea, we look at the possibilities for Bitcoin over the next day / few days. We look at what we expect, pending some more information to be given to us in the form of market structure over the course of the next few days!
This recovery is similar to that seen after the corona black swan crash in may. If we can keep the MACD histogram in green we could continue a bullish reversal here. I am not a financial advisor, trade at your own risk. Please leave a like =)
Evening @everyone My thoughts on BTC, that bounce from 8800 was justified and honestly expected. What it did give me is some validation, off a Lower Low in structure. What I'm looking for right now is some form of continuation for this move, in the form of a LH (Lower High) I personally am expecting us to return to the scene of the crime of 8800 for a retest of...
It goes to heaven, son. Alt coins go to hell.
Now that we have a local higher high, I'm feeling bullish on Bitcoin. However, I know better than to FOMO in. There a couple things that indicate we may not be out of the woods yet. Zoom in closely to the areas I have circled in red and pay attention to the GREY 4 hour 10 MA represented on the weekly chart. I outlined 2 of them with blue triangles to highlight...
BITMEX:XBT When we invert the chart, starts to look a little more recognizable. Currently short, looking to long the flip. Please free to post your ideas below! Don't forget to like if you agree! Stop by my free discord to add your 2 satoshis! discord.gg
Pump Bitcoin again next target zone is $11400.00 - $12000.00 Hello everyone. Bitcoin has been flat 3 days, bitcoin is building up strength for further growth. Many people wait correction. Today, having reviewed all the charts, I came to the conclusion that it is more likely that growth will continue, including in altcoins. What do I expect from the current...
Hello friends! Well Bitcoin is having a tough time staying alive, giving just enough boosts for small hopium addicts to stay in this sustained downtrend while big bags make sneaky exits. Looks like bitcoin bulls missed their chance for any REAL upward movement, as demonstrated by my green arrow. Now facing CRUSHING resistance in the 8k - 8.3k region , but almost...
Well we gave BTC a chance but it just wants to go down. Can't fight it forever, shorting 8170 with tight stop above 8200. BTC sinking ship for short-mid term, click like if you agree. First target 8050, looking for re-entry sub 8k, we'll know when we get there Please join my discord. It's free! discord.gg
We have a double bottom, higher highs and higher lows on the hourly. When I first began investing I noticed this stair-step pattern that happens before HUGE moves up. Wanted to burn that image into my brain. This might be it. Worldwide demand for BTC is high at this price. For my pattern to be valid we have to go up fairly soon (within the next few days). Sideways...
The rapid fall of bitcoin is over. Today is the first day and the beginning of the altcoin season, which usually lasts about 3 months. Bitcoin Dominance Current situation (Monthly Chart) 2019 Monthly chart (Bitcoin Dominance) = Jan 2016 - March 2016 Good time for buy altcoins ;) volumes also grow in altcoins and purchases in bitcoin
Previous target was completed: $11800.00 Next target $7500.00 (Global Plan Bitcoin) 1) Bitcoin CME Futures We have one Gap from $8500 - $9000 in 95% of cases, the market usually covers such gaps with the shadow of a candle or the body of a candle. 2) FOMO right now is GREED Bitfinex Longs and Shorts: Longs = 76.15% Shorts = 23.85% when you...
Bitcoin small up trend (For Couple days) maybe target is $11800 Correction zone 0.618 Fibo: $10130.00 --- If you are trading Bitcoin, my recommendation: Buy Limit = $10150.00 — $10200.00 Target zone = $11800.00 — $12000.00 Stop Loss / Stop Scenario = $9040.00 --- After that i see next moving down and use Global Plan $7000-$7500. Global Plan (Bitcoin):...
Bitcoin (H4) - Elliot Waves (July 18, 2019) Exchange: Bitstamp Target is: $10400.00 - $10500.00 Correction.