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Time to be bullish on BTC? For my previous analysis, I thought BTC will reverse before hitting 50k. But seems like it's hanging strong at 50k now. I think the 0.618 fib level, which is at 50k, is the important resistance level. Normally I think it will reverse from here. But I don't think so. Maybe it's the reverse psychology when logically it should reverse here, but the the price goes in different direction. That was just my wild speculation The chart is in the ascending channel, which I have no doubt it will still do the move upwards unless it breaks off from the channel. The RSI seems to be at 69 which I think still has room for it to go up. I don't think shorting it at the moment is a good idea. But I can be wrong. However,, I am strong on my stance that BTC price will go up, overcoming the 51k to reach 57k.
Long
by V12bull
Bullish on COINBTC has hit 50K, which is the fib resistance of 0.618. The price might reverse from here but I think it will still go up Hence, coinbase which is sensitive to the price of cryptocurrency, mainly BTC, will continue to rise Like my previous post of COIN, we managed to hit 288 target and soon reverse to the support of 0.786. The RSI looks good and chart has been doing higher high. My TP one will be at $344 after passing the resistance between 290 to 300. Reaching there, I think it has the potential to reach $431 as long as BTC remains bullish. Hell might break lose.
NASDAQ:COINLong
by V12bull
2
RIF/BTC { RSK INFRASTRUCTURE FRAMEWORK } - BULLISH SETUPANALYSIS 🔎 - RIF/BTC is printing an ascending triangle pattern. - This is a bullish build up pattern. - There's a breakout potential. BUY ENTRY ⬆️ - Market entry: current market price. - Stop limit entry: breakout above the ascending triangle's horizontal resistance (@0.00000521) - Limit entry: test of the ascending triangle's inclined support. TARGETS 🎯 - Fibonacci extension levels. SETUP INVALIDATION ❌ - Breakdown below the ascending triangle's inclined support.
Long
by Chibuike_Odoh
BTC Short Short Squeeze into the May CME Gap - 14 August 2021Lots of interesting stuff the swing fail didn't play out and instead got short squeezed this leg up took us right into the old CME gap from May what this means is that anything we do in here will probably cause a quick move to fill by monday the last few stops are just above us from 49.8 to 51.5 after that it's a straight shot to the April/May Monthly Open Whatever we do in here what matters is the market open. Still long from 38 and looking for the high timeframe move to see BTC go up and swing fail the May/April monthly opens.
by TrendmasterOfficial
2
ADA/GBP 4HCardano (ADA) / Great British Pound (GBP) 4H time frame As you can see Cardano is going in a bullish direction. I believe there will be a tiny resistance that will lead to a short downtrend towards the 1.1000 mark before turning around back into its bullish direction towards 1.3000 - 1.3500. If you have any questions, tips or opinions about my analysis please feel free to comment below or send me a direct message. THIS IS NOT FINANCIAL ADVICE Thanks guys The Crypto Planet
ALong
by TheCryptoPlanet9