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BTCPAX

BTCPAX Binance 4H EW trend-, fib- analysis mid-termOne potential scenario for BTCPAX in the mid-term based on EW and sub-wave, trend- and fib-analysis. BTC may be in a mid-term wave 4 correction (ABCDE), possibly forming a downtrend channel with buy opportunities at 4700 (0.618) and 4400 (0.5) fib levels - reaching 4400 in early May. After touching mid-term uptrend-line at that point potentially price may conclude in a wave 5 and may top at 1.272 fib - approx. 6300 - which zone is a massive resistance and mid-term correction is expected afterwards. Price may hold the short-term trendline and may peak to 1.272 fib without further correcting to 0.618 and 0.5 fib levels however based on previous daily RSI divergence and expecting that we are in a wave 4 with potential ABCDE correction 2 further legs down have higher probabilities. Any comments are more than welcomed! Please trade carefully and with money only you can afford to lose! Thank you!
BLong
by drgorogbalazs
BTCUSDT Update and Profit TakingBTCUSDT has hit it's first target of $5600. We take partial profits here in anticipation of a retrace to the bottom of the channel $5200 and to the strong support at $4800. Make sure you have free capital for a retracement! If BTC continues to move up the next obvious resistance is 6000-6100. Set targets for your remaining BTC at this point. Our ETH Signal is still active from $155. It typically lags behind BTC. Set sell targets at $182 / $196. Alt coins always suffer as BTC dominance increases. We will monitor for good buying opportunities on across BTC pairs.
by CoinAndCrypto
Bear Break ImminentSince my last BTC update I've been feeling more and more bearish. It could be good old market mind games, but right now the price is hugging the lower end of the range. Usually when the price gets dragged like this towards a trend line, a break of the trend line is imminent. So I'm watching for a break to the downside, and I'm still watching the volume looking for a spike. If we do break down I don't think we'll go all the way to the bottom of the bigger range, because that would be too predictable. And if we do test the bottom of the range I think we'll break it and go even lower. Make sure you have your target and your stop price in mind before opening any positions. Anyways this was just a quick update. Good luck! I do technical analysis because I enjoy imagining what could happen. I like sharing my ideas to help others improve their own unique approach to trading. I personally don't put real money on the line based on this. Please see my signature for info about how I make actual trading decisions. If you appreciate the insight, let me know by leaving a thumbs up and following me. Cheers!
COINBASE:BTCUSDShort
by Nitra_Bots
Bitcoin - Weekly View Of Price ActionThe price action facts * We have big bearish candle week ago with small rebound it tell us that market not ready for quick recovery * The past week shows outside bar that tell us doubt and confusing moods - means more possible retest lower levels * We have technical good support around 3000-3200 with Weekly 200 MA support (long term support) that not already tested Conclusion From this fact we can conclude that bearish momentum too strong now and market doubt to go up and more possible retest lower levels. We need to see full bar with huge volume and more $1000 growth to think that this market ready for any reversal signs.
BITFINEX:BTCUSD
by artgen567