Get started

Btusd

Bitcoin's next move? Pump? Dump? Whales? Let's find out!Hey, what's good homies! I feel like its been weeks since I posted, but I finally got it done. In my previous article, I did say I have a big article coming up, and this is it. This post in particular has many things to cover, so let's get started! Let's quickly summarise some key points throughout this post: - Ascending triangle - 6k support is now a 6k resistance - The forever downtrend resistance is now a forever downtrend support. - Whale manipulation - Theory: Once it touches 6k for the first time in a long time, the price will most likely fail to continue, thus dumping back onto 4k support. - Finally entering the consolidation phase, we're currently neutral with the 3 planes of existence (I'll show you what I mean) A few things in this first screenshot. It's on the daily or 12 hour which is almost the same thing. It will take a few weeks for it to pop, if its actually a triangle. There's like 2-3 wicks that broke the form which might contradict this ascending triangle, maybe something to look out for. If it does pop, it could trigger a 6k retest, which all falls into the whale's plan, something I've been theorising for a while. So if we look back a bit, we noticed that the price broke past the forever downtrend, that's already a huge sign that the market sentiment is turning. We've been slaves to this bear for long enough, and we've finally broken free from this bearish oppression, all thanks to that massive 1k pump back in 2nd of April. BTC's overall state is bullish, no question about that, there's plenty indicators that point that direction. This may sound silly but just like any other market, its only bullish until its not, I believe there needs to be a stronger pullback from the 1k pump back in 2nd of April before reaching higher highs which is still bullish but just needs time to cool down. If there's actually a dip coming, its only temporary before surging up to 6k, it stops at 6k because we know that it was once a strong support line that held for a whole year back in 2018, since we're retesting it, its now become an insanely strong resistance. Since the 6k support was so strong, its only make sense for our new resistance to be just as equally strong. So here's the secret plan, the whales will be dumping at the 6k resistance, mainly because the resistance is insanely strong anyway, so it makes sense to dump at that point in time. I can't guarantee that, but there's plenty of evidence to suggest that happening. So we pumped from 4k to 5k, so what's the price doing now? Did it run out of fuel? Well, I don't have an answer for that. However, there's something I and many others are certain of, we can expect a pump to 6k within a few weeks, no exact timeframe but it is inevitable. Here's the crazy part, when that does happen, the price will change market structure and fall back to a hard support in the 4k area. Just remember, when we see the next pump, the main stream media will start reporting this, and give false, misleading information as always, bait their viewers and fill their minds with junk. As a result, retail investors will see this and they'll repeat the same mistakes as always, and buy BTC very very late at 6k, and then get dumped on by whales, its very dirty I know, but this is how the game works. Its all fun and games when the price is up, until the whales decide the make a move. Its important to realise that this was all planned and schemed by the whales, as always. History will always repeat itself in these markets, or any financial market for that matter. People don't learn, sadly. However, people like us who chart everyday and keep updated with accurate and authentic information do learn, thus the market rewards us for understanding the game, and punishes those who don't understand the game. (Screenshot by D4rkEnergy) "Lastly if we take a look at the Weekly Chart, you can see that the Bullish Momentum is getting bigger and bigger (even though the pace is not as great as before - but that is normal during a correction). Also the RSI is holding above level 50." -D4rkEnergY You see, the whales have been accumulating BTC since 3,300 USD which was back in Jan. They bought at 3.3k and will dump at 6k. That's a total profit of 90% (1.9x gain). They pretty much 2x their money without any guessing or gambling, they don't need to do any TA either. Whales have the power to plan and calculate these moves, which is why their always being blamed for market manipulation. Whales are not stupid, I wish they were, but they're not. To avoid getting destroyed in these markets, it's up to us as traders and investors to figure out their game, and play along with their rules. We're simply passengers getting on and off the train, we can't control the train. Once they dump, most people will lose their minds like always, yes its depressing to look at, but its not the end of the world. However, it does begs the question, once the market dumps from 6k, what can we expect now? This is where it gets fun, because I honestly believe we're at a very interesting stage in the market, now you've probably hear that line a million times a day but allow me to explain. It's interesting because we're literally stuck between a rock and a hard place. The strongest resistance right now is the 6k one, and we have 3 levels of support. Support #1 is at 4925 USD, Support #2 is at 4K-4.4K, and lastly Support #3 is currently at 3k-3.2k. The last two are specifically is a trend line supports. This means that the market can't bounce upward or drop downwards either, the market wants to stay sideways until the it feels like doing something. My screenshot has defined 3 areas, or planes of existence as I call it. Heaven, earth, and hell. Heaven means we're bullish 100% if we break the 6k resistance, I'd confirm a bull run 100%. Earth means we're neutral, we're stuck in the blue area, bouncing between support and resistance (consolidation). And lastly, we have hell, the red area, which was a stage we just recently passed, we can literally say "We went through hell and back." Something definitely worth celebrating, because we earned it folks! The price has found itself a stable place to stay, but for how long is another story, it can only rest and take a vacation to recharge itself for the next bull run, also known as the "consolidation phase." The consolidation phase is simply a stage in the market where it needs time to rebuild itself, it needs to time rest before changing cycles. In other words, its basically a bear hibernating, once the bear finishes hibernating it wakes up and starts wreaking havoc. So in market terms, when the bear wakes up is exactly when the market wakes up and decides to start a bull run. The reason I say this is because the 6k resistance is too strong at this time to break through, and the forever downtrend has become an extremely strong support that it can't go back into hell again, this means we're stuck between a rock and a hard place, which leaves us with only one option, to consolidate. The market is trying to say "let me hibernate." Its been a long night, market is tired, and it just came back from a hard day's work, literally going from 1k to 20k and then from 20k back to 3.2k. I hope this post sparked some ideas, and gave some value once again, let me know what you guys think in the comments, I reply to all of them! And don't forget to like and follow me on TradingView! I lots of spent time researching and discussing ideas with other traders to gain some insight and clarity, which lead me to write my own article with my own twists. Shout out to D4rkEnergY and his recent posts for inspiring me to write this. Thanks again, and as always, have a fantastic weekend everyone! Optional donations! All funds would directly support my personal finances, and most importantly, my mission and vision of building an online brand :) BTC Donations: 1AuZiofHSqM5gV1ttxUddNovDhEtHgMUgA
BITFINEX:BTCUSD
by CyberStocks
BTC - Reloading on the pull backThe BTC price is currently in a rising wedge with the RSI trying to break its trend. I am waiting for pull back below $5K before adding to my long position. How much lower? Mid $4Ks. Fibs at 50%, 61.8%, 78.6% not shown on this chart. If we rocket higher from here no worries, I already have my long position. If we go lower no worries I'll just add to it. I'm just posting this chart to see what it looks like in a few days. Next week should be interesting.....
COINBASE:BTCUSDLong
by BitcoinBearSlayer
BTC bulls Battling ResistanceSame chart as yesterday but the bulls have taken a step forward. We still see bears defending resistance and pushing the price down hard as we reach key levels. The daily uptrend remains intact, so the bulls remain in short term favor. A break of $4,037 will have us looking at the potential for a weekly resistance break and trend change. LTC and ETH have faded a bit compared to BTC, but are still healthy on the daily chart as well. Before this weekend we will either see a clear resistance break, or a loss of 4 hour support indicating a daily higher low is needed on BTC. GBTC had some bullish clues yesterday during trading, so we will keep an eye on the premium trades in the stock market are paying, for potential clues.
COINBASE:BTCUSD
by TheChartGuys
2
XRP – Ripple – is it about to explode? Here is what to do.Hi Guys! The time is tough. We know that. We all struggle with negative emotions . We have to withstand that. The good time is about to come. SOON . When the global crisis comes we expect an influx of the money into the crypto market . Check out our comparison SP500 dip and money influx into BTC . It was the same when the banking crisis on Cyprus appeared. We observed a peak on the BTC price. And the Republic of Cyprus is a really small country (1,2 mln people) so it couldn’t have a massive influence. This time might be different. When investors in large countries such as USA, UK, Japan, South Korea struggle with another global financial crisis, they will look for a chance to earn money . Cryptos are much undervalued now. It will be a natural way to invest in them. XRP technical analysis details: • The support lines are at 0.00006 and 0.00007 and 0.000077 • Ichimoku Cloud -we are right underneath KijunSen (blue) and TenkanSen (red). The price chart can break them up rapidly . • Sentiment Zone Oscillator – we observe one of the lowest levels over 3 months. Actually, this is time to buy. Look back on the history chart. It has 80% accuracy . • Set your stop-loss on 0.000075 Don’t panic . Trade along with the market as it allows you to trade. Set your stop-losses. Even 5 % profit is better than a loss . Keep follow us in order not to miss the update. Thank you for your time and reading. MASSIVE Hugs! WBM Team
by WBM_Team
BTC – be wise, be like John – 90% gain effortlessly in 5 weeksHi, my dear friends. Just to remind you. I am working as an accountant . I like numbers and analysis . My hobby is music, concerts, kite surfing, and new technologies . I am an ordinary guy . I have learned technical analysis from my colleagues on trading view , from multiple courses and books . Within a year I was pretty good at this . Here is another crypto story: 1. I bought my Bitcoins for $45 000 . 2,3,4. Within days the sell signal showed up. The price didn’t cross EMAs so I decided to keep this position. I am so glad I did it. After another couple of day,s I took my 30% profit . I am not greedy nor fearful . 5. Wow. Oscillator says BUY . I am optimistic and patient . 6. That is a safe sell signal. I don’t hesitate and take my small profit . 7. Another buy signal. That is awesome I thought. I always remember to set my stop losses . 8. Ups not this time. Stop-loss fulfilled . I am remaining calm and emotionally stable. I don't want to feel stressful. 9. Another BUY signal. I am consequent and I am buying . 10. 3 days letter I am taking my profit . It is small but safe. I don’t forget to be cautious. I missed one trade possibility. I had to spend some time with my friends and family relaxing and chilling out. 11. On January the 10th there was a heavy dip . Let’s wait till it gets calmer – I thought. 12. Ok on 14th of January it looks like a safe buy signal . I am buying but as usual, I don’t forget to set my stop-loss . 13. Within hours large green candle appears. I am selling even though there was not a signal to do it. I took my small profit. Still, it was a good day . 14. On 18th of January another buying signal comes. I am in. 15. All EMAs are broken in just one day . I am deciding to sell. Don’t want to miss such an opportunity. I have to use such opportunities . 16. Another buying opportunity. Again I am in . 17. Not much money earned but still in plus. I am a happy guy . 18. This is real-time info . Signal says it is time to buy . Additionally, we are about to touch local support which is 10 days minimum. The supply has been falling down for nearly 2 months. All we need is more demand. I am buying not forgetting to set my stop loss . So guys. This was another crypto story to give you better insight into how patience and persistence can influence your financial situation . Both greed and fearfulness are equally bad . John also has a PERSPECTIVE . He invests in technology, ideology and what is also very important he does it with a long-term perspective. How are you feeling after reading this? Please leave your comments down below. Have a wonderful weekend. MASSIVE Hugs! WBM Team.
BITFINEX:BTCUSD
by WBM_Team
10
DGB – Digibyte – rebound possible soon – 182 % to be madeHi Guys! Let’s have DGB on our radar. The price is heading to the local min from April 2018. From that point, we had a very nice bounce back in April and in June (although the start level was a bit higher). Of course, it all depends on the sentiment on the crypto market. These two coins are truly convergent. Let’s hope we will observe bounce off of the BTC then we can count on the nice profit on DGB. So here are technical analysis details • Entrance level at around 0.00000240 • RSI – the lowest ever since a year • We are heading towards local support which was marked in April 2018. • We can reach as high as 0.00000688 • Weis Volume Waves – the supply is slowly decreasing. All we need is the demand showing up. • Stop-loss – 0.00000200 So Traders. Let’s wait for the levels of 240ish satoshi. This might be a safe and profitable trade. Keep watching our updates! Thank you for being here. Remember patience and staying cool are the key factors. Don’t panic and don't sell your assets hastily. MASSIVE Hugs! WBM Team
by WBM_Team
BTC's sideway shuffle. Breakout imminent?Good morning, traders. We have made it to Friday once more and Bitcoin continues its sideways shuffle. However, I don't believe that will continue for much longer. During the live streams you have heard me say that I feel like we could see a move as early as this weekend, but if not then the most likely outcome will be to see it within the upcoming week. I continue to see more bullish than bearish bias at this time in the charts. That doesn't mean that my opinion won't change if differing, stronger info reveals itself as price action plays out. Traders must always remain pliable. This nonsense about someone's opinion being wrong is a bad thing only makes sense to the person trading on it. But we don't trade on opinions and neither should you. We create trading plans, complete with confirmation levels and strong risk management. If you fail to do so then you don't understand that all trading is mere speculation -- nothing more. As such, risk management is the name of the game since the only thing you control in the market is how much you lose. For today, we are zooming out to the daily chart once more to note the larger picture. This time around I have drawn in the green zone which is working as resistance. Price continues to print higher lows toward that zone as volume decreases. CMF remains well above zero at this time, OBV is printing higher lows, MACD is nearing a bullish cross of centerline as it continues printing higher lows, and RSI is near bullish at just under 50 while printing its own symmetrical triangle. We can see triangles within triangles printing as consolidation plays out. If you are the type to draw your trend lines at the bodies of the candles rather than the wicks, you can clearly see the blue pennant playing out. A successful breach of the resistance should provide a target of around $7245. If price follows this route, my expectation is to see it drop back to the green zone to test it as support and then bounce higher. If price breaks down instead, we should be watching for the other ascending lines to provide initial support. Gold continues to increase upward pressure and the DXY bounced against the $95.93 level then dropped hard in response as mentioned was likely to happen during our live stream yesterday.
BNC:BLX
by Chris_Inks
3
Bitcoin Bottom of Channel? | See what may be NEXT!Is BTCUSD finally at the bottom of a channel? Is it time for a big boom to 20,000? Probably not.. But, based on recent history, it looks promising that we may see an upward move.. If you saw our last post that I linked, we mention how we are using our big three strategy to trade BTC. Same rules still apply as right now bears are temporarily in charge. If BTC dips around 5800-5900 range, this will be a great range to keep an eye on if you are a BTC buyer. I will keep this updated throughout the day, let me know if you have any questions or comments!
BITFINEX:BTCUSD
by Tradingstrategyguides
2
BITCOIN, Is It NOW - Or BULL TRAP? (SECRET CENSORED)There was upon a time when D4rkEnergY was Top Trader. He was number 1 every where - on THE DAILY, WEEKLY and MONTHLY list - he stole MagicPoopCannon's first place after only making public charts for 2 months! Was it a surprise? Of course not - D4rkEnergY is the stuff in the Universe that makes space expand and even accelerate - The dark unknown force is unstoppable... But then something happened... VIOLATING RULES :) Not allowed to mention why I have been away.... LOL Please give this one a LIKE again please, since TradingView chose to remove my other post! ------------------------------------------------------------------------------------------ Let's now take a look at the 4h BTC/USD chart! It has been a while - First of all let's take notice of how we have been ranging between 7,000 USD and 5,800 USD for more than a month. It's pretty safe to say, that the market has been horrible since we slammed our head into 10k USD back in April. The Global Crypto Market Cap is still under 300 Bln USD, and we have BTC -0.44% Dominance at 42,6 %. Looking at the last 24 hours BTC -0.44% has gained almost 5 %, BUT we are not seeing that altcoins are making those huge jumps anymore. The simple reason is, that people don't have faith in the market at the moment - we need to see Bitcoin -0.44% move above 6,800 USD. First of all we have a not so pretty, but still very valid, inverse head and shoulder formation, which is a bullish sign. Right shoulder is pretty big, which makes it less bullish though. Also take a look at our Class B Hidden Bearish Divergences, which normally predicts, that we will continue our downtrend. I choose not to put too much weight on this though. Here are the 2 most likely short term scenarios, which both are bullish: 1. Looking at the RSI it's pretty clear, that Bitcoin -0.44% on the 4h chart is overbought. So what we might see is some consolidation (maybe a bit to the downside), and when people less expect it, we will witness a Jack in the Box-pump. We can hereafter expect to go to around 7,100 USD due to clearance - look at the Volume profile - before we will meet new resistance. 2. We might get that needed retracement, which will make us go down to the EMA200 at 6,5xx before we again will go up and complete the inverse head and shoulder pattern. That was all for now, my friends! D4 Loves You <3 PS. Please do me a favor and give a BIG LIKE, and I will keep you updated. Thanks in advance! :)
BITFINEX:BTCUSD
by D4rkEnergY
178