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Btcusdollar

TheKIng Bear or Bull- just a simple analyse on facts, not really a prediction. - Weekly EMA 21: $45k ish - Daily EMA 200: $46k ish - TheKing reached an important momentum zone. this green daily candle was very huge but BTC have to close next weekly candle above 46k$. - After that we can consider to turn in Bullish mod and start a new rally. - For now i am not bullish and not bearish, just a spectator in this kind of areas. - i recommend to not play for now and wait for a strong breakout or a dip before entering any position. - Stay Safe Happy Tr4Ding !
by thecryer
5
TheKing New Year AnalysisEverything is annotated in the graph and simple, so nothing much to say. - TheKing is growing in a Big Triangle (Green triangle Zone). - Attempted 2 times to break 70k$ Zones. - We are making HH and LL in this Triangle. - This triangle is starting to be tinner and tinner with time (retracements have been smaller). - Looks like we are building a New support zone around 45k$. - Biggest support area still 30k$. - Unless we brutally break down this big Triangle, imho we are still in BullRun Mod. - Bitcoin was always Violent and Brutal in both movements sides (Down and Up) to rekt people's using leverages, so try to always be carefull, don't leverage too much.., don't go all in, manage yourself. - Targets are unchanged (see my last analysis in comments). Happy Tr4Ding and Happy New Year to Everyone 🚀🌕🎁 !!!
Editors' picks
Long
by thecryer
143
TheKing still bullishThis is very basic and simple analysis. Like i said many times in my older posts, " more u look from far, more you will have a chance to get the right scheme". i like to post when the fear is coming around after a weak small retracement. - This analyze Starts from 2017 BullRun. - This Analyze is based on 2 Weeks Timeframe and only MACD Columns. - All you have to do is to count the columns and get the idea. 1 column = 2 weeks. - in this bullrun we made 350 Days of Green followed by 125 Days of Red. - Now we just started to make 2 Green Columns ( 2 Columns = 1 Month ) + MACD just crossed up. -So when u saw before we stopped to make green columns after 1 month (2 Green Columns) ? -Don't listen Fuders, Shorters, and Haters, the real money in BTC comes from Whales, Real Buyers accumulate, Hodlers and Miners. -Everything can happen and a FUD can come from a Bad News but don't underestimate the power of TheKing! Happy Tr4Ding !
BNC:BLXLong
by thecryer
15
BTC – silence before the (positive) storm?Hi Traders! So we are in somehow in status quo. The price of BTC got stuck between $6250 and $6450. This is exactly between TenkanSen (red line) and Volume Weighted Exponential Moving Average (VWEMA – orange line). The major volume shows up on Bitmex which means that people just trade there in order to earn a couple of bucks more. This pure speculative so we don’t actually know how BTC will behave. Current data is inaccurate and burdened with a big error. So the only reasonable strategy is to wait now. First of all, we need more interest/volume on common exchanges such as Bitfinex, Binance or Bittrex. We need both individual and institutional money. As many say we also think we have to wait till final decision, regarding ETFs on BTC will be made. As it was postponed in August and price heavily dipped we may expect an extreme reverse of this trend once we get some positive news regarding above mentioned ETFs. So time will tell. Looking at the chart and Weis Waves indicator, we can clearly see there so no interest in buying or selling BTC whatsoever. Simply there are no moves on the supply and demand side. Good point is that we don’t have extensive supply on the table but this is not enough. We need more demand. Right now it is completely arid. As marked on the chart we got stuck between TenkanSen and VWEMA. This is so since a couple of days so we need a stronger impulse to beat VWMA for good at around $6450 level. Bollinger Bands – they show the span of the highest height and lowest low and of course they outline the trend. Good news is that we bounced off from the bottom of this indicator but the bad is we didn’t cross the middle line (brown line) at the level around $6500. So level $6450 - $6500 is really important to break. Not with just one pin, bar or shadow. We need a solid break with a large one candle or a couple of smaller ones. The only positive news derived from the chart is the fact that since a month $6000 level was defended 5 times. We should not go any lower than the price marked by the red rectangle. We also think we should be moving up at the end of this month when public opinion won’t manage to keep quiet and first gossips and rumors regarding ETF will be spread out. No matter true or not people don't want to miss out so FOMO impulse might be the thing. What are your opinions guys? Do you feel the same? Your likes and opinions will be highly appreciated. Thanks for reading. HUGE Hugs! WBM Team
BITFINEX:BTCUSD
by WBM_Team
2
Just the big pictureJust an idea, but don't you feel like the trend is slowing down? The last few stages of the overall downtrend have been playing out between the regions of the last peak before 6th of Feb and the low of the 6th. Since then we've actually been moving nicely in a channel, reaching lows now. A cooling down period after a new ALTH wouldn't be unusual. a 6+k low going to 11k wouldn't surprise me. I'm not a financial advisor and I will and cannot take responability for any trading results. That saud, happy hunting, AndyN
BITFINEX:BTCUSD
by Andy_N
BTCUSD Daily analysis - Short bear. Long bull.A daily and 4hr chart analysis. Daily - Bearish day after a bullish rally. Huge historical resistance hit. Possible retrace to 9-10k. Major support at 10k but a retest of 150 EMA, 9500-9700, likely. 4hr - If the Moving averages cross (Red and Green) expect trend reversal confirmation from 90% of analysts, including myself. My only concern at this point is the upper trendline. - The last time the moving averages crossed (Golden Cross) was October 2017 and a 400% price rise. Opening short to 9700 If we see a 9500-9700 bounce, opening long.
BITFINEX:BTCUSDShort
by jackdavidpiney
BTC/USD OPPORTUNITY for BUYHi Seildev here, We have seen bitcoins prices pulling back from highs of 16642 usd to currently 13749 usd. This is a very healthy pullback as we have seen a parabolic movement upwards in the early part of Dececember. Few things that we have learnt, that when RSI hits around 86~88, we can expect a pullback. I have spotted 3 circles in green pointing to areas where we can pick up next time when markets are rising parabolically to close out positions above 82 RSI. Another thing, that tomorrow we have the future market opening. There are really two sides of the story with this. One is that we are going to see a bear market as the future contracts for short will be open for BTC. What we have to realise is that this is a futures market which doesn't have an impact on the purchase/value of the coin itself. However we have to note the volumn of trades that may be less as investors may look into futures market which are triple fold more secure than what our current exchanges offers. Understanding that bitcoin can be put into hardware wallet, we still have many amongst us that don't even know coins can be held in an offline wallet. Given the investors in the banking sectors that wanted to get invovled with bitcoins however couldn't reason to do so now have an opportunity through the futures market. Which makes us question, 'if' the old school minders who are more traditional in the fx market or futures market see more value in securities and their funds being safer then why woudln't they invest into the futures market? Money as to come from somewhere and if they aren't investing in purchasing directly through crypto exchanges then this money will be taken out from our market cap thus leading to less volume, thus leading to potential de-value of BTC. Now I'm currently a holder of coins and am a strong believer that crypto will be the future primary currency however I cannot guarantee or tell you 100% that Bitcoins or 'now' is the time where crypto/blockchain technology will shine. I also find a lot of quotes coming through charts posted on tradingview regarding 'sell when everyone is euphoric and greedy, buy when everyone is fearful'. There's always two sides of the story and the most tricky part in analysis is ones interpretation. We could take that quote and apply to where BTC chart is currently at and say 'We are in a bear market and people are fearful' so should we then buy? Or do we classify this as an upward trend still and look into selling? I'm currently looking at holding few coins (BTC one of them) for long term purposes. As I'm not indulging myself in the futures market, any dips/pullbacks for me are opportunities to increase my portfolio with BTC. I have bought around 3500, 7000, 11150 and 15500. Do I regret purchasing around 15500 on the 7th/Dec? No. Why? Because I've learnt an extra indicator that when RSI is above 86, there is more than 80% chance that there will be a pullback. I myself didn't pay attention to it, more so coudln't control the emotions behind the parabolic increase from 11794 to 16614 in a matter of 36 hours and bought BTC but have learnt next time to not do this again. I also think having futures market and more exchanges around the world accepting BTC as part of their exchange is a positive news overall. I also believe some major brands will adopt BTC like Amazon, Ebay, fast food chains in the next 12 ~ 18 months which will bring more value (non speculative but an actual 'value') to BTC. There is a strong confluence around 12068 ~ 12484 where we can see the following: - 70 day EMA - 61.8 % fib from swing high of 16642 and swing low of 9261.88 - 38.2% fib from swing high of 16642 and wing low of 5873.32 I suspect that the trend line since Nov 30th will be broken however recovered quite quickly once we hit another lower lows to 12068 area and will see a bounce to 14330, down to 12484 area and then for xmas period look at next target between 18538 ~ 19579. As always, trade with
BITSTAMP:BTCUSDLong
by seildev
BTCUSD 1HR UPDATEHi Seildev here Just a quick update on BTCUSD, we have surpassed 61.8% fib overnight. We have identified a rising wedge and our next test is around 7443. As long as we don't pass and close full body candle on daily we are at bearish sentiment. We have just seen on 1 hour, RSI divergence sloping down. If we see a rebound @ 7183 we can see another bullish leg to 7600 however if 7183 is broken then we can look for short to 6415 and re-evaluate from that point. As always, trade with a plan and safe trading. Seildev
BITSTAMP:BTCUSD
by seildev
4
BTCUSD OpportunityHi Seildev here, Today we're focusing back on BTCUSD. From our all time high double top on the 6th and 9th of November we have seen the market drop by almost 2000 points in a space of 4 days. Although we have recovered we are now at a crucial zone of 61.8 % fib which also coincides with psychological number of 7000 dollars. If we are to surpass and daily candle body holds above 7000 zone, then we can look for long targets between 8072 ~ 8319. For a safer way to trade long, we can see the price break above to 7500, wait for a retracement for long entry. If our candle does not hold above 7000 for daily and we see: - Divergence sloping down - Long Exhaution red candle - Doji Candle - Long Bearish candle then we can look for a simple way to trade short using ABCD legs and target: - Target 1 @ 5862 - Target 2 @ Between 5150 ~ 5300 I'm confident at this point that the bearish candle must be full bodied and maintain below 6600 in order for a bearish sentiment. I will keep a close eye out on this pair this week. As always trade with a plan and safe trading Seildev
BITSTAMP:BTCUSD
by seildev
3
BTCUSD UPDATE **Hi Seildev here, My previous post predicted that we will reach our target 2 @ 7831.59 and we have this morning (or evening in your region). We now plan to see what is the next move and see if there are any opportunities that are lying around. Here are some facts to consider: - In 4 hr timeframe we can see our long wick candle surpass the previous all time high of 7579 however the body candle has not surpassed 7579 as it closed at 7501 - RSI Divergence has been broken and we can now see a sloping down RSI Fundamental aspect: - We have heard the news couple of hours ago about 2x segwit fork being cancelled with only 8 days from launch After the news broke out of 2x forklift cancellation: - Why did we see a rise in the price of BTC? Initially it may have been a a great news for anti 2x campaigners that 2x won't be implemented and saw a rice in price action - why did we see a fall in price of BTC there after? It may be from learning the news that their 'free money' ideology from holding onto BTC is not happening As long as we don't see our daily and 4 hour candle closing full body above 7579 we still have a bearish bias and look for buy opportunity around 6627 ~ 6855 which also coincides with our base trend line we've had from 11th of October. If in the case that our base trend line from 11th of October breaks, then we can look for a confirmed bearish forecast of a major correction to 4732.25 As always trade with a plan and safe trading Seildev
BITSTAMP:BTCUSD
by seildev
2
BTCUSD UpdateHi Seildev here Our recent bull run of Bitcoins is nothing short (sic) of amazing. Many authors on trading view have taken the stance of shorting this bull run in which my opinion is to never guess or place a cap on when the bull run is going to end unless you have confirmation that the bull run has finished. None of the indicators or signals give a 100% confirmation on where the market is headed. It is there to give you a guidance or higher probability of your chances of being successful. All the EW traders or Fib or pattern/harmonic traders 100% know the next move to any markets. However there is a thought process that you want to be part of the same movement that majority of the traders are in. And if majority of the traders look at the chart at the same way then your chances of higher successful probability will increase (let's not talk about the IB or the gremlin whales that push/dive the markets at this point). We have a nice 2.414 target at 7861.41 from leg X to Z high and low back in September 2nd to 14th. We also have 1.618 fib level from horizontal resistance at leg point 3540.19 to leg point 6192.48. At this point we are not predicting the market will turn around at 7861.41 but we can mark it as a point of interest and make a decision once we get there. RSI divergence also has a little more room to push up before seeing a move down. I'm in no way disrespecting any EW, Fib,pattern/harmonic traders. They have worked on models that works for them and if they month on end walk out with profit then they are doing something right. Much respect to the traders. As always, trade with a plan and safe trading. Seildev
BITSTAMP:BTCUSD
by seildev
4