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Btusdbuy

Bitcoin BTCUSD LONG in 1HR here 2 HR chart NeutralHello to all watching my charts. I am back again with next analyses of Bitcoin in 2 HR and 1 HR charts. IN bigger view 2 HR chart here it is, My shorttime channel shows long setup (green range) My midtime channel shows trading range (blue channel) between 7800 and 8300 So if you missed the long start yesterday best will be to wait whether BTCUSD will climb above my upper channel at around 8320 and the long setup stays or if it stays in these channel and my shorttime channel will shows us this as first. Good trades for all Renkotrade
BITFINEX:BTCUSDLong
by Renkotrade
BTCUSD Longs - Patiently Waiting For It!We've been riding this descending wedge (reversal) pattern for the past 24 hours or so almost perfectly, which should culminate in a breakout (hopefully) to the upside as we near the end of this Elliot Impulse Wave (12345). "Mr. Ichimoko" still says we're still in a downward/bearish trend, which impels me to follow the KS (red line) indicator and be very cautious with any longs (scalping only at this stage). MACD is certainly improving on the 1HR and 4HR timeframes. However, the Daily MACD is still looking awful, which suggests this has a ways to go down before we get bullish again. I'm cautiously optimistic that we will soon be able to break past resistance at 10.2K, as the bulls definitely seem to want to push this higher. That said, I think we drop back down at or slightly below 9K. I'm still patiently waiting to go long(er) when we drop to my ideal buy zone @ 8,800-ish. In the meantime, I'm watching the trend closely, and have cash on the sidelines that I can deploy to play these ranges or go all-in if we breakout sooner than anticipated. As a reminder, I'm a newbie to TA so please take my comments with a grain of salt and do what your gut tells you from here on out. This is not trading advice, just my real-time thoughts.
COINBASE:BTCUSDLong
by CryptoFlier
3
Bitcoin (BTCUSD) wave analysis: 4 hr tfPrice action of Bitcoin (BTCUSD) from ~$6440.10 on April 01, 2018 to ~$9646.80 on April 24, 2018 is identified in this analysis to be a corrective price swing. Price action at the time of this post is possibly in the last stage of a Minute wave ((c)) i.e. last leg of an expanded flat Elliott wave structure. The implication of the above is that a price move back upwards as a 3 waves or 5 waves is next for the price of Bitcoin (BTCUSD), and therefore only long (buy) trades should be placed. Three points of entry (POE) into a long (buy) position are marked on the chart with POE 1 (~$8832.70) being the most aggressive, while POE 3 (~$9977.20) is the least aggressive approach to enter a long (buy) position. POE 2 is ~ $9387.30. Point of invalidation of this analysis (POI) is placed just below the blue horizontal lines which indicate a region of technical support for Bitcoin (BTCUSD). This region forms a price cluster with the 50% ($8043.5) and 61.8% retracement of price action from ~$6440.10 on April 01, 2018 to ~$9646.80. The region of the blue horizontal line is therefore considered in this analysis to be a likely target for BItcoin (BTCUSD) should prices continue to decline.
BITFINEX:BTCUSDLong
by Coin_Analyst