BTCUSD Consolidation triangle0.786 and 0.886 is an important level for price to bounce making the next HL and get out of triangle. Watch to enter for long between 7139 - 6787.
Btcusdviews
BTCUSD Mid-Term Short Play to $7000Looking like some viable entries Mid-Term shorts down to $7000 as BTCUSD continues its steady downtrend.
BTCUSD BUY BITFINEX:BTCUSD BUY IDEA
Hello traders
I post before buy idea for btcusd, there was forming HSH pattern, but its not confirmed so thats why i post before screens from where i will buy btc i buy from strong support zones so here my idea how will develop next waves targets on the chart
please post your charts ideas in the coment section
BTC at crossroads We can bounce at 11100 and probably bounce up to 11925 or 12174 Res. Now If 11100 breaks we will go down to test the 50% fib for sure at 10000 and the panic could push it down breaking those blocks to 8000 . Let me know your thoughts on this please love to here your opinion www.tradingview.com
Bitcoin - Feel it Coming.. But When? I think I am not the only person on the site expecting some kind of big correction. It's in the air but nobody can really say when and at what price.
-I am interested in that upper channel line. It interest me because of that last big correction.
-$8500 is also another area that is of interest because it is a round # and we know what tends to happen with those.
Feel free to post up charts of your own or some type of fundamentals in the comments.
Let's see what happens.
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
BTCUSD OpportunityHi Seildev here
What an insane morning/evening has it been for Bitcoins.
Our previous analysis has taught us that if we don't close above
our long wick at 7515 on November 8th then we are confident that
we are entering in our bearish trend.
Right now as we speak we are hovering around the major resistance around 6200
which i expect a flag formation to happen and we can then expect our final target
down to 4730 which is our 61.8% fib where we can find another opportunity to long
the market.
We still have room for more divergence to break down without breaking line.
If we also expect a flag formation forming then we can also expect a simple ABCD leg
completion denoted by leg 1,2 and 3,4. This also lands nicely into our short target
of 4730.
I'll be keeping a close eye out on this currency this week.
If you have any questions, please pm me.
As always, trade with a plan and safe trading!
Seildev
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
1-Hour] Current Traders Dynamic Index personal Strategy useEntries according to my set strategy, seen precisely at 1-Min chart & checking the importance of indications according to my strategy throughout the higher timeframes.
Black vertical lines are the closes of positions when 'future' was not known at the 1-Min chart and saved/locked-in profit.
Will show: Other Time-Frames to see coordination and because the smaller time frames show closer entries.
BTC ViewsBtcusd Views
Btc Trading around 765-770 level after making a huge high of 1175 and see its done around 0.23% now it can bonce from current level or from 700 toward 880-950 where if breaks 675 Which is 100% then may call for 580-550 Level
We expecting its can bounce toward 850-900 then we can see it below 675 .
Its our Views Working on BTC 1st time.
