Get started

Cryptowolfsignals

BTC rebound is comingOn a 1-day scale, the market is too oversold: Stoch RSI has pushed its lower limit and is already starting to rebound, RSI in the oversold area, where it can also unfold. Below meets tight support near the level of Fin 0.786, within the cost of 4800-5000, but to decrease further to these levels without a visible correction of the fall (rebound or flat), the market can not, Bitcoin lost 29% of the value in just 17 days. In addition, the price is not the first time approaching the 6000 mark, it is very important that it does not go lower, which indicates good support at current levels. As long as the daylight candle did not close below this level, we still have chances for a further positive development scenario, otherwise closing the candle below will indicate the possibility of further decline.
BITFINEX:BTCUSDLong
by CryptoWolfsTrust
2
BTC after roll back can move higher#BTC The market still needs correction of the growth. On a 1-day scale, overheating is noticeable: the Stoch RSI is ready to drop, and RSI concerns the overbought zone. The decline may occur no less than the 7400 area, where we will be met by a tight support of the downtrend line (which in the recent past was a decisive resistance, the breakdown of which determined the further bullish mood of the market). Larger scales also look positively and demonstrate the possibility of continuing growth. On the weekly chart, all the same bullish flag is actual, Stoch RSI is very bullish with a good margin for further growth, MACD can only begin to intersect and go up. Those. the market looks good for a longer term, but in the medium and small scales it needs correction, we need to cool down and find dense support before moving on. To consider a positive scenario for further development, we need to fix above the resistance of 8500 (for which now the forces are not enough), then we can consider the scenario of further growth, it is quite possible to psychologically significant 10,000. Most alts on this background demonstrate a good opportunity to open long-term investments, but for the medium term, there is a risk of decline along with Bitcoin, as for a short-term positive most of the markets should have already rebounded noticeably. This did not happen, which also indicates the likelihood of the continuation of the rollback of the BTC. At the moment, Ethereum looks safer for both medium-term and long-term investments. Altcoins are ready for the new season of growth, most of them made a corrective rollback of more than 78.6% (which corresponds to the Fibonacci sequence around the resistance of Fib 0.786), as a rule, reaching these marks entails a further turn and buying from the current levels is as safe as possible. In addition, we recommend that you pay attention to new coins that have not yet shown themselves, they can also show good growth during this year.
COINBASE:BTCUSDLong
by CryptoWolfsTrust
2
New Bull Market For Bitcoin?MACD on the weekly close to crossing RSI breaking the 50 level SAR indicator under price for the first time in 2018 Price above the 50 ema We are currently at an important turning point. Either we break higher from here or we go longer. Although not shown we are at the .618 fib level relative to the previous peak. All rally's in this bear market have reached the .5 or .618 level but no higher. This could be the peak and we could continue the bear market. Or this could be the turning point and we return to a bull market. Bullish sentiment is growing and the weekly chart is looking good. There is going to have to be a lot of power from the bulls to pull us out of this bear market. In my opinion it may take a while. We may rally higher but we might struggle to break some of the upper resistance levels, so the new bull market may not be as explosive as the run to 20k until investors are convinced we are entering a bull market.
COINBASE:BTCUSDLong
by Yo_adriiiiaan