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Crytpo

Macro View Technical Ananlysis Challenge/Comptition my entry i believe bitcoin hasn't put in its bottom yet to many people are still bullish as in the way market cycles go i believe it will push up to the top of this channel or wedge depends how you draw it and reverse of it around $8000 to $8500 and in conjunction the bottom of ichy cloud and 20MA witch is the middle band on bolengerbands then bouncing its way down around the key OB levels to wick down and hit the 200MA around $5000 to $5400 mark giving the reply from everyone saying its dead and trying trapping peoples money and then pumping up through the OB levels flipping and making them support testing some not all to go on to hit halving around the $6200 to $6800 and then starting its leg up hitting 2019 high point around October and to new highs january 2021 in the long run after this bull run begins i think we will see over a $100000 bitcoin
BITSTAMP:BTCUSD
by Jesh89
Possible trend shift, 61.8% fib holding, maybe mega inverse H&SLots to talk about with Bitcoin . Most notably, we just broke north of the local downward resistance channel that we established about a month ago, and have begun to make our way back to $8,000. However resistance is proving strong in the high $7,000 range and we keep getting rejected. No surprise given recent performance. However if we stay above the local resistance line it puts in slightly bullish territory. Also, potential big signal, is that we appear to have broken the bounce off the downward channel support line we've held since July and have transitioned to the long-term, upward, support line that Bitcoin has held for 5 years. This could confirm a massive trend shift where we begin to move upward for potentially months now. If you've read my previous ideas you'll see that I'm a big fan of inverse head and shoulders for Bitcoin reversals. We've had two in the past month, but both have failed to send us back to $8,000. But now we may be seeing a massive inverted head and shoulders with the last wick down to $6,400 range being the head. I'd like to see another wick down to sub $7,000, but given the strength of support we've seen at $6,800 I'd be surprised if we plunge more, if we hold, that's a pretty solid confirmation of upholding the long-term upward trend. If we do break $6,800 with force, we may see another re-test of the downward channel support line, taking us into mid $5,000. Finally, 61.8% fib is $7,227, a range we've held fairly well aside from a couple of sub $7,000 plunges (which had near instant rebounds to $7,200), if we maintain this baseline it could indicate that another, mega rally, is around the corner, as 61.8% fib support is generally a key range for Elliot Wave impulses (the "1,2,3,4,5" impulse), from my understanding. In summary. Given the rejection of $7,700 we saw today and the recent market weakness, I expect another test of $6,800. If we hold upward trendline and form big inverted head and shoulders I'm bullish and anticipate 2020 being a great year for Bitcoin and other cryptos. If we don't bounce off $6,800 range and go into mid $6,000 I'm holding off until we test $5,000 range. RSI on the 1D sitting a 50, could go either way. I'm still long-term bullish , but sidelined until we either a) break the upward resistance channel that we've been under since July or b) hold support on the upward support line that we've held for 5 years. Personally, I'd like to test $6,800 and see strong resistance from there and then move up and re-bull. Good luck!
BITFINEX:BTCUSD
by GunMoney
3
BTC: it is recommended to continue to maintain a short strategyIn the four-hour chart, the Bollinger band is getting closed, and each moving average line is glued and bonded. The market fluctuated near it and it failed to break the MA5. Instead, it continued to go down. It can be seen that the short side is more powerful, and as the upper and lower rails continue to move closer to the middle rail, the fluctuation range of the price is continuously suppressed and narrowed. The MACD fast and slow line is sticking below the zero axis. Both RSI and Stoch show signs of downward volume. Therefore, in the medium and long-term trend, the oscillating operation can not be maintained for too long. For today's operation, you can pay attention to the $7,050-$7,350 range. Friends who are expecting a deep drop can focus on the $7,000. Once the price drops below $7,000, it may fall further. At present, it is still dominated by downward shocks.
BITSTAMP:BTCUSDShort
by CryptosAZ
ETHUSD on the moveEthereum is pressing higher on Wednesday, following a bullish breakout above a symmetrical triangle pattern on the lower time frames. The $200.00 level remains the near-term upside objective, although the $250.00 resistance level is the main objective. Only a sustained move below the $180.00 level can negate the bullish intraday sentiment surrounding the ETHUSD pair. • If the ETHUSD pair trades above the $180.00 level, key resistance is found at the $200.00 and $250.00 levels. • If the ETHUSD pair trades below the $180.00 level, key support is found at the $170.00 and $155.00 levels.
BITSTAMP:ETHUSD
by OctaFX_Official
Laters Bitcoin! Looking down! About to take a dive~!Bitecoin about bit off more than it could chew.... Couldnt break out. So many sellers. ALL CRYPTOS ARE DYING. No confidence. Media regarding crypto is just BS no one is buying atm. The were gonna be rich Shaun - Your wife Samantha who bought bitecoin from cnbc coverage is about to get her wishing hat on... Denial to follow. Made a little rally big sellers are in, the fad had another little run. CRYTPO CONFIDENCE IS POOR ATM WILL HAVE TO SAY GOOD BYE FOR A LIL WHALE. GOOD TIME TO SELL. RIP.
CME:BTC1!Short
by SnipingRabbit
XBTUSD: LONGIf we surpass this resistance level, I think 17000 is not so far. Surpassing this line will invalidate both the patterns. This will change the sentiments for existing investors and at the same time, BAKKT may give enough power via institutional and new investors. Also, we need to focus more on FA than TA on the current situation. I still feel it is possible to break both of these levels. LONG when EVERYONE says SHORT! I was long from 9564; which has already been closed. I am looking for a new entry point. Just my opinion, not trading/financial advice. Do your own research. Good Day!
BITMEX:BTCUSD.PLong
by UnknownUnicorn3751972
BTCUSD bearish below $10,600Bitcoin has suffered heavy losses after the number one cryptocurrency was strongly rejected from just under the $11,000 level earlier this week. Bulls need to move price back above the $10,500 level to secure the BTCUSD pairs short-term outlook. Overall, selling technical pullbacks is favoured over buying while the BTCUSD pair trades under the important $10,600 level. The BTCUSD pair is only bullish while trading above the $10,600 level, key resistance is located at the $11,000 and $11,500 levels. The BTCUSD pair is only bearish while trading under the $10,600 level, sellers may test towards the $9,750 and $9,450 support levels.
BITSTAMP:BTCUSD
by OctaFX_Official
XRP or RIPIt is hard to consider whether you should be in the market to purchase XRP. When looking at the current chart, it is clear that price has already bounced off the three months low at $0.39. There was a sharp sell-off at $0.41 on the 4th June which will be the price that XRP will need to break through before you should be looking to buy once again. The current price is below multiple levels of the monthly VWAP, and until we see the current weekly VWAP on Monday, I would avoid trading XRP. The price will need to move into the value area next week and must maintain a price within or above the value area (Green Area). WARNING: With the price of XRP dropping by 20% in the last six days, I believe we will slowly move back into the value area. I have never been a big fan of XRP, but sadly, I am holding a lot from 2017 and will continue to monitor its trend. If price breaks below $0.38, then all hell will break loose as the next real buying area would be $0.30. Check out my blog and remember to like this post :-) LITTLE BIG MOVEMENT LATEST BLOG POST "Patience is the key to any market" - Nathaniel. Thank you for your love and support. Regards Nathaniel - "The value Trader" Little Big Movement
KRAKEN:XRPUSD
by Little_Big_Movement
3
$LTC Runway Being Cleared for $65+The trend continues as the bears fight to maintain dominance over the stock, however it is more than clear now that $3,100 was the bottom for Bitcoin and that the trend towards the Halving date has started. In anticipation I predict alot of movement from all Coins, however, I will not be playing the ups and downs instead this year I plan on actually Hodling and seeing if I do make more this way or if I would have made more from trading the coins. My analysis stems from the fact I could have made $250,000 last year had I held $LTC and sold at the top, however, instead I only made a measly $25K trading crypto. I stark difference. After this experiment I will combine the two tactics for the next period which should start in 2022 The top on this leg will be hard to predict as I expect substantially more FOMO this time around since nearly 30%+ of the world had heard about Crypto and knew what it was and its different aspects in 2017-2018 and 1% or less actually traded it. Now I predict 2-3% of the world to finally jump in doubling or tripling the money flow this and next year. I also anticipate about 60%-70% of the world to finally know and research it. My personal target will be $1000 LTC but I do predict it to keep going to around $1500 based on the money flow that should be coming, I also anticipate BTC to reach around $40,000 I will continue to update as the weeks and months go by.
COINBASE:LTCUSDLong
by StockGuild
1
HAS THE TOTAL MARKET CAP FOUND ITS RANGE?This will be interesting to see, the market cap is dropping into to some massive support ranges from last year. These ranges in my opinion will be were we range for the next few months. The range highlighted is the most supported range on the weekly for a while. If it breaks below this range, alot of coins will go to zero and the weeding out will begin. That is also possible. I really think with this low of an RSI on the weekly almost at 30. We dont see too much more selling commence. I think we sideways range and accumulate here for the next bullrun. Coins are back at some of their bottoms but a lot need to still go even lower. Im not saying the bottom is in, im just thinking were a bit closer
CRYPTOCAP:TOTAL
by PhilupMyBags