BTCUSD - best long position ? price ?Hi guys, just did analysis and found symmetrical Triangle and now it's available at best position and can book a good profit.We have indicated targets in the chart. RSI is also oversold around 30) and seems good position for long.
Reminding that, if markets rises a rejection is waiting arounf $3770 - $3820, so try to sell 50% of your trades their.
Btcusd4h
BTC/USD - Will 3k be the end of the bloody year?I really think that we could see a last drop to 3k in the next few weeks, finishing 2018 as one of the worst years for Bitcoin ever. But making 2019 a very good start for Bitcoin. After giving the bears blood for almost a whole year it's time to change directions!
BTC/USD Bitcoin Now Support ZoneHello Traders,
You can see here 1D Line chart after Descending chart pattern break down that time Bitcoin price around $6000 and now price around $3200 so finally wait over and we have seen Bitcoin price now support zone it's Resistance become support if you'll see in chart June-July 2017 that time it's strong resistance after that price hit $5200 and again price drop $3200 Then it's become support so finally we have seen Bitcoin top 20k and now Bottem around $3000-$3200 so wait for now and we need btc stable some time here this support.
If you'll see 4h timeframe so clearly you can see after symmetrical triangle pattern break around $3800 and the target $2950-$3050 area.
See you soon next analysis.
See here our latest analysis.
BTC/USD:
XVG/BTC:
BTC/USD:
Wish you all the best.
BTCUSD - THE REAL UPDATE :)BTCUSD seems to have completed this
Ending Diagonal. it is important to note that
the WAVE E does frequently shoot out.
As at no, it is hitting all the criteria for this.
our next target will be around the $5932 and
$6185.
Ultimately we will be looking higher to around
$8000 - $9600 in the next month or so.
LIKE FOLLOW AND COMMENTS PEOPLE
BTC/USD Bitcoin Cup and Handle PatternHello Traders,
Analyzing Chart Patterns: Cup And Handle,
The cup and handle is both a continuation and a reversal pattern. The reversal pattern marks the end of a downtrend,
Shows the price transitioning into an uptrend. The continuation pattern occurs during an uptrend; a cup and handle forms, then the price continues its rise.
See here our latest analysis chart.
BTC/USD:
VERGE/BTC
SIA/BTC:
Wish you all the best.
BITCOIN SHOWING SIGNS OF A SUSTAINED UPTRENDHere we are same as one month ago with BTC floating around 6400. Some would argue we have been in an 11 month downtrend, but if you look closely we see sustained growth with a new uptrend beginning. We have strength building in the RSI much like August but much more rapidly. We still need VOLUME and we can surely to continue to go sideways for a while before we see any sudden moves up. I do believe we have found solid footing here in the 6200 - 6400 range and it’s just a matter of time until we get back to the 7200 area. On our 4 hour chart, our MACD is flat as a pancake which also usually signifies a move. I think if the RSI continues to our top target circle this will be a nice move up. I predict to see some movement anywhere from mid-November to early December. Extra credit if the price goes through the smiley face. Pls leave a like if you agree!
Top Coin Analytic $BTC #BTC BTC/USDT (29-10)BTC has fallen to 6300$ area and can't go below this area. This is a very good support area to push up. The sell volume is very weak and appear shadow candlestick about 50% of current 4 hour candlestick, that shows a good buy volume in 6300-6350$ area (the mining cost of BTC). So the previous chart is still valid, that means we expect a BIG PUMP now and the top of this wave is in around 2nd November
NOTICE : This is not a MARGIN CALL
Bitcoin Completing 4th Wave - Waiting for 5th Final Wave.We have a nice wave structure here with a bull flag formation that if we break out of will take us to the $7K resistance. This would give us a 5-wave 4hr structure and bring us to a key decision point for the market with the close of BTC futures as well.
If the bull flag fails and if we breakdown we will retest $6200 and need to consolidate again, else we will test $5800.
Short interest is falling significantly on BTC in this range which is indicative of risk to the shorts indicating another wave up. Lots of suppression on Finex in this range showing large short hands are closing here.
Further ALTs are buoyant indicating a test of the $250B market cap.
Be patient and trade carefully.
--Shibe
Bitcoin Mixed Signals, Time to be a Turtle!Well since the start of this cycle I have been bullish but now I can see that with the drop from 7.1k area we are starting to get a bearish signals from our indicators also what I can see from my chart is that we have backward reversal building up as the angles of each pump are becoming smaller which means the pump impulses are weaker which indicates that there is a bear market coming. However on some timeframes we have bullish signals such as 1w and 4h we have mixed signals, so we are going to do what we do the best we are going to become a turtle and go tether or USDT now and wait for the price action to decided now but I believe more in bearish action now than bullish action so I will definitely become a turtle now and that is I think the best decision when the market is not decisive ;)
Good Luck, Traders! #moon #mooncommunity
Bitcoin update, 7.3k soon!After my last update I told that we would reach 7.1k and now we retraced a bit from that area and I think maximum we can retrace to 6.8 area and then I see another pump coming where we should finish wave 3 and my target for this pump is 7.3k. We can see on our 1h chart that we are oversold, and on 4h chart we are moving toward the oversold area, EWO is still green and doesn't look like it will finish now, 4h MACD going for bear cross so we might hit 6.8-6.9 area soon and from there I see the uptrend starting as the Stoch will be oversold in most timeframe and price will be moving up so will get a bull cross where we should see the breakout happen.
Good Luck, Traders! #moon #mooncommunity
BTC/USD Back to 8000+ BTC/USD has broke above the 50 EMA on the 8 hour chart and is currently finding support on top of it. The contiuation pattern further down has thus been canceled.
We can see BTC/USD jump high next if the current supports hold strong.
Let's see how this plays out!
Remember, as always, unproper risk management increases your chances of failure no matter how good of a trader you are. Aim for consistency and being the best trader you can. But the last thing you want to focus on, is the money, the reward. The more you focus on it, the more greed takes places and the more you cloud your thinking.
Happy trading!
Tortuga V.2 Indicator BTC 1-4 hour recent successful signalsRecent Successful Tortuga Indicator signals. Not bad.
My indicator is 75% effective backtested on BTC, if you are interested in a monthly subscription for access to my indicator shoot me a DM and follow me for more updates!
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BTC Critical SituationGreetings to anyone who is reading our analysis,
To get right into the chart, we have a couple of levels to consider currently as we move forward.
First, we have the falling trend-line resistance (in red), coupled with the 61.8% fib level, which held BTC down from approximately 8400.
Second, we have the 1200 EMA below (in purple), which held as a supportive level at approximately 7800.
Moving forward, we need to see a confirmed break-out above the 8400 level for BTC to move forward, or otherwise a breakdown from the 1200 EMA, with a potential new downtrend from here.
If we break down from here, it will fall in-line with what we've seen from BTC since our 20k high; A continuation of the downtrend cycle with a lower high as we've been seeing these past months.
This next movement will be critical for BTC moving forward.
Stay tuned for more updates!
BTC:USD 4 hour chart DAILY UPDATE (day 138)Yesterday’s analysis: Wanting a red 9 on the daily (Wednesday) in confluence with red 9 on weekly. Thought that it would pullback to $5,000 by then, is currently much more bullish than that.
Patterns: Higher low on daily. Inverse h&s with neckline at $6,800. Weekly Triangle
Horizontal support and resistance: R: $6,500 S: $6,200
BTCUSDSHORTS: Threatening to break out of channel after breaking through horizontal resistance. Next stop would be 28,000
Funding Rates: Shorts pay longs 0.056%
EMA’s (12 & 26): Testing 12 EMA for resistance. Bullish crossover on 1h, 2h, 3h. Posturing for cross on 4h.
MA crossovers: Resistance from 50 and 200 MA on 4 hour, and threatening to cross back over. Bearish cross on 3h, 2h, 1h. Posturing to cross back over on 1h.
FIB’s: 0.236 at $58.17 | 0.382 at $8,475
Candlestick analysis: daily spinning top and inverted hammer, now bullish marubozu. 3d hammer shows strong supper at $6,240. Tweezer top on weekly.
Ichimoku Cloud: Weekly starting to c clamp. 3d C clamp resolving itself. Tenkan support on daily.
TD' Sequential: Red 5 on monthly. Close below $6,442 will give us a 9 (unperfected). Red 2 on 3d after 1-4 candle correction. Daily under $6,382 to get a red 6.
Visible Range: Resistance stacked up from $6,500 - $7,200.
50 & 200 MA’s (calculate % difference): 50: -5.97% 200: -41.34%
BTC Price Spreadsheet: X
Bollinger Bands: M: MA waiting at $5,000 W: bouncing off bottom band, MA is at $7,945 3D: Bouncing off bottom band, MA is at $6,886 D: Currently testing MA
Trendline: Could draw bull trendline from 9/14 low through 6/29 low. Downtrend from triangle will be at ~$7,500
Daily Trend: Bullish since 7/13
Fractals: UP - $6,816 DOWN - $6,095
On Balance Volume: Brokedown major at 1,255,729. Will current rebound turn that area into resistance?
Buy/Sell Sentiment on Trading View: RSI - 46 Stoch - 26.3 MA’s are a sell across the board (save Hull MA)
“As for me, I have no desire to carry the football from end zone to end zone. Just give me the territory between the 20 yard lines.” @PeterLBrandt
Yard line of trend:
Top: $19,776
Projected Bottom: $4,000
Field: $15,776 in length
87.15% of expected bear market is complete, therefore we are on the 13 yard line.
Conclusion: Still keeping a close eye on the TD' Sequential. If we close a 9 on the weekly then I would expect a 1-4 candle correction to the upside. If this higher low can hold then I expect a rally to $7,500 - $8,000 over the next 1-4 weeks. Interested in building a long, but hesitant at current price levels. BTC is currently at resistance ($6,375), just closed a hanging man and is currently on a green 9 on the 4 hour chart. The 50 MA is also hovering right above the price. Not a time to buy imo'. I currently feel like ETH:USD is in a stronger position for a bounce and will be posting an update on that chart here shortly.
BTC:USD 4 hour chart DAILY UPDATE (day 137)Outlook:
1-5 days: bearish
6 days - 1 month: bullish
1 month - 6 months: bearish
6+ months: super bullish
Yesterday’s analysis: Waiting on the weekly 9, wondering if we will grind downward slowly, or get some capitulation
Patterns: 4hchart: Rejected bear flag. Bullish A-B-C-D pattern. Inverted h & s invalidated with move below $6,260
Horizontal support and resistance: S: $6,150 (do not expect it to support another retest) R: $6,250
BTCUSDSHORTS: Supported above trendline, currently going for a retest of 23,000 resistance where horizontal and trend lines wait. If it breaks through that area then I expect the next major sell off to follow. Would recommend keeping a close eye on this chart over the next few days.
Funding Rates: Shorts will pay 0.0229%
EMA’s (12 & 26): 12: 2.88% above price 26: 4.57% above price. Recent bullish crossover on 1h, posturing for crossover on 2h.
MA crossovers: 50: 8.66% above price 200: 45.60% above price. Bearish crossovers 15 min - 1d
FIB’s: 0.236 fib is at $5,817
Candlestick analysis: 3dchart & weekly: bearish engulfing and tweezer top 4hrchart: multiple dojis as bears attempt to turn $6,250 support into resistance.
Ichimoku Cloud: W: Price recently fell below green cloud. Recent bearish kumo twist. Bearish TK Cross. LS recently fell below price. 3D: Price below green cloud. Bearish kumo twist. LS below price. C Clamp is resolving itself. Daily: Price below red cloud, bearish TK cross, LS below price. Recently closed below Tenkan after it served as week support. 12hchart: recently fell out of red cloud and had a bullish TK cross - it is clearly confused. 6h: failed to stay inside cloud after getting a bullish kumo twist. Bullish TK cross, LS below.
TD Sequential: Monthly: red 4 Weekly: red 9 3d: red 1 1d: red 4 (threatening price flip)
Visible Range: heavy resistance at $6,500, wearing out support at $5,882 - $6,490
BTC Price Spreadsheet: 12h: +/- 0% 1d: +1.35% 1w: -5.54% 2w: -2.11% 1m: -4.86%
Bollinger Bands: flattening out and tightening on daily. 3d and weekly on lower half of band.
Trendline: Downtrend from triangle will be waiting at $7,500. Could drawn bull trend by using 6/29 and 7/12 on the daily chart.
Daily Trend: Bearish since 7/9
Fractals: Weekly - UP: $9,945 DOWN: $5,788 Daily - UP: $6,843 DOWN: $5,788
On Balance Volume: Large bull div in weekly. 3d shows flat volume since 2/6
Buy/Sell Sentiment on Trading View: Moving averages are a strong sell. Oscillators are neutral
“As for me, I have no desire to carry the football from end zone to end zone. Just give me the territory between the 20 yard lines.” @PeterLBrandt
Yard line of trend:
Top: $19,776
Projected Bottom: $4,000
Field: $15,776 in length
87.15% of expected bear market is complete, therefore we are on the 13 yard line.
Conclusion: The TD Sequential is the most important indicator for me right now. Want a 9 on the daily to come on Wednesday the 18th and the red 9 on the weekly to close this Sunday. This is why I am bearish over the next 1-5 days.
I expect the price to fall to $4,500 - $5,000 by the 18th. If all three of those boxes get checked then it will be time to build a large long position. This is why I am bullish over the next 6 days - 1 month.
I do not believe this market has found a bottom and that is why I am still bearish for the next 1 month - 6 months.
BTC:USD 4 hour chart DAILY UPDATE (day 136)Continuing with the new theme please see the checklist and notes below. Conclusion is the same as yesterday .
Outlook:
1-6 days: bearish
7 days - 1 month: bullish
1 month - 6 months: bearish
6+ months: super bullish
Yesterday’s analysis: OBV consolidating, Weekly 9, Daily amended countdown, resistance from 50 day MA. Expected downtrend through Sunday and then a bounce off the weekly 9.
Horizontal support and resistance: S: $6,150 R: $6,289 $ 6,200
BTCUSDSHORTS: Shorts at horizontal and trend support levels as they continue to diverge with the longs. BB’s show plenty of room for shorts to build.
Funding Rates: longs pay shorts 0.01%
EMA’s (12 & 26): Bearish crossover from 1minute - 1week
MA crossovers: bearish
FIB’s: Expecting 0.236 to breakdown this week
Candlestick analysis: Weekly and 3d tweezer top + bearish engulfing
Ichimoku Cloud: 1W: Price below bullish cloud. Bearish kumo twist. Bearish TK Cross. LS recently fell below price. 3D: Price below very thin cloud. C Clamp seems to be resolving itself D: Price below bearish cloud. Bearish TK cross. LS below price. Just broke down below Tenkan
TD Sequential: Weekly 9 seems very likely at this point. Red 1 on 3d following a 3 candle correction. Red 3 on daily after a completed count
Visible Range: $5,775 as the major local support level. $4,000 as biggest area of support over last year
50 & 200 MA’s (calculate % difference): X
BTC Price Spreadsheet: X
Bollinger Bands: 4h - 12h hugging bottom. 1d has some room to go as does 3d.
Trendline: Hyperwave at $5,000 (green). Downtrend from triangle at ~$7,500 (purple)
Daily Trend: 3 day bear trend is starting to form a descending triangle.
Fractals: D: up - $6,800 | down - $5,778
On Balance Volume: Daily coming for a 125,800 retest which has been a big level of support over the last month.
Buy/Sell Sentiment on Trading View: Oscillators are neutral and MA’s are a sell across the board.
“As for me, I have no desire to carry the football from end zone to end zone. Just give me the territory between the 20 yard lines.” @PeterLBrandt
Yard line of trend:
Top: $19,776
Projected Bottom: $4,000
Field: $15,776 in length
87.15% of expected bear market is complete, therefore we are on the 13 yard line.
Conclusion: Expecting down trend to continue for another 5-6 days. Interested to see if is is a slow grind or if we get capitulation after breaking down $5,775. Feeling like it is too late to open a short and am planning on a large long position position from $4,500 - $5,000.