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December

BTC roadmap in December,what you need to knowhi guys. yes, my predictions got wrong, when i thought 6k was the bottom for the up move. many commented me for my wrong decision. yes, i humbly accepted the wrong call. yes i stoplossed too, but i wasn't really depressed though. because this is really the price i was waiting for. it is okay. trading, if i get right all the time i am god. at the same time, trading is about corresponding to market volatility, which, i adjusted to what btc wants to do. nevertheless, market chose to come down, like 2014, where weekly 21/50ema dead crossed. this is mostly what i have warned and prepared too, but seeing the price sticking high at 6k area, many traders, including me, was confused. because, many warned of dropping to this level at September after a 6100 touch. at that time was when btc kept making lower lows. but btc chose to stay above 6100, even there wasn't a really good bull divergence. also, after September when we had price moving up, alt coins breaking above downtrend channels, i got caught in the mood of it, and many renown traders too. many traders saw alt pumping as a 'channel', but actually they were all bearish rising wedges! anyway! i understood what market wants to do now, and i believe after some pump in december, market will come back down. after that, i think it will have hard time bouncing a lot, and it can break 3k, and even below to 2k. however, that should be the end, and after months of consolidation, we will move up next year, after summer i think. so maybe, more bear market for next 8~9 months time. but short term in december, i believe we go up to 5500/5700, even 6k maybe, so we should clean up some mess, and minus's at that point. so market is now so simple because, we only have about weekly 200ma left to defend more decline, which is around 3100. i think 200ma can be good support, 3k may even be the bottom for btc, if we go down it can be 1.8k. but, anyways, we are almost at the end of price dropping. btc retraced over 80% from it's peaks, and, even if you are holding minus coins, if you have bought a falling knife, don't feel so depressed, if you have not bought at 9k 10k level in the past. SO, buying over 3k, i think from 3150 range to 3600/3700 is fine. 4hr, and many timelines are making a huge bull div now. daily is even trying to make it. mostly, weekly rsi is amost 30, which, is a support that would bounce hard. 2014 did. i think we should sell until December 22,23rd, before Christmas, after a week of consolidation retrace, btc can go make lower high at early Jan, but fall hard back to 3k support. we should wait around 3weeks then, and buy at late Jan. if we break 6300/6400 level and go up, it can mean something else, but in terms of impulse and divergence, btc should come down to 3k or even below. so realistic sell tp is 5500/5700, in chart, between tp3 and tp4. and, coming week, if price touches 3100/or 3000, prepare stoploss, and under 3000 is stoploss . usually btc price do not touch the moving average, it bounces before touching. so to keep it simple, i think buy this week, sell 3~4 weeks from now. that can be easily put. if, price dips below 3k, i believe that would mean something, that would indicate dip to 1.8k~2k, which is severe, which is even more cruel then 2014. so below 3k is the level you need to be cautious. happy trading!
BITFINEX:BTCUSDLong
by Turningmecard
2
DEATH CROSS COMING TO A MARKET NEAR YOU!As you can see, from the chart that the current trajectory of the 50 and 200 day SMA's are indicating that by mid December we will have us a Death Cross in the Broadest market measure...the S & P 500. This could however happen sooner or later than 12/12/18. This is given that the SMA's stay on their current trajectory through 12/12/18. A larger than expected fall from here could make that Cross happen much sooner, and a rise from here would push it out until mid January or February. Its going to happen either way.
SP:SPXShort
by jasonroy40
1
BITCOIN FOR CHRISTMAS! BITCOIN EXPLOSION DECEMBER 2018!Early prediction for Christmas!!! OH OH OH! Is santa giving presents to good people that waited and didn't mess around with alts, pump and dumps, bitmex and ICOs for fast profits???? I guess only who has Bitcoin will know. Check down the technical analysis below HO HO! Only after 17TH of december we will know oh oh! In the logarithmic scale we are still inside the descending traingle. If we continue in the same historic path of this year of tops and bottoms, now with low volume , we can assume that the fibonacci levels will be respected like before. As we approach the 100 weekly moving average the tension will replace the sideways movement with chopiness and volatility of uncertainty. If the prices continues sideways, its only after the 17th of December that we will probably clash with the 100 weekly moving average and decide where to go. If the 100 weekly MA supports strongly with volume and momentum up, after crossing the 6800 we can be bullish . Assume also that the opposite can occur down the 5800. Only make decisions if the trend gets strong. Otherwise it can trap you on the wrong decision! Critical resistance and support levels are the infamous 800's!!! There is always more probability of bullish movement in any market and also depends if you believe or not in Bitcoin . Check where the smart money is going!! Have a Merry Christmas!
COINBASE:BTCUSD
by rtugui
1
The Bitcoin Crash of December 21, 2017Bitcoin price position had gotten so far distanced from the MA 50 and 200 that a correction was due. This even correlated perfectly with the RSI. Bitcoin was very overbought, but has now been corrected. Both the intermediate MA 50, and the long-term MA 200, are still sloped up at this time. However, the short-term EMA 15 and the Volume are currently sloped down, indicating a short-term down trend. We will have to watch this to see if this was just a correction, or if a longer term bearish downward trend will be developing. This bullish pin bar, or "Dragonfly", indicates a reversal, and the end of the "crash".
COINBASE:BTCUSDLong
by Malstryfe
Bitcoin year-endLet's sum up the results of 2017. Bitcoin surprises the whole world, people psychologically break down in front of the rapid growth and start nervously buying. Cryptocurrency is being introduced into our life, blocking is used by the largest companies, countries. Smart contracts lead into action. TECHNOLOGY! Bubble, the machinations of the century, charlatanry, lawlessness, the pyramid .... TECHNOLOGY!!! Even institutional investors have broken down at the end of the year. Further it will be only more interesting. Get on with it, gentlemen and ladies.
BITSTAMP:BTCUSDLong
by PeacefulWarrior
7
BTC in 12,600–15,500 USD by CME adoption (December 11th)Trend predictions based on current market conditions as of November 29th. Using a logarithmic y-axis scale. Strong growth channel #2 (light green parallel channel) indicates that the price of bitcoin will be in the range of 12,600–15,500 USD by December 10th–11th right around the time of adoption into bitcoin futures trading on the CME. The average price of that range falls on ~14,000 USD for nearing that date. This is assuming no massive sell offs, and following the current strong bullish market growth channel. Growth channel #1 as the baseline trend that is overlaid (darker green channel) suggests a similar maximum price range, around 13,000 USD, and an absolute minimum dip around 8,000 USD. This is a counter prediction to the assumption above, because this suggests that a big sell off is actually possible, though from what I've seen is unlikely. It would likely rebound shortly after anyway back to the >10k range after the CME adoption. In short, this gives predictions for the price of bitcoin on December 10th-11th at between 12,600 and 15,500 USD. With a broader range of 8,000 to 15,500 at 95% confidence.
BITSTAMP:BTCUSDShort
by copa1079
81 satoshi mark upcoming for XVGBTC pairmy analysis of XVG and where i believe it will be heading towards over the next 3-4 days. Based on previous retracements, elliot wave theory projections and the wave count we should be seeing 81 satoshi's by 1st of December . Expecting to see this "bottom out" or complete its ABC correction (@15min interval) around the 66-68 satoshi range. So at 67 satoshi we can expect an impulse UP to the ~ 71 satoshi level before it finally completes the ABC correction to a mark ~65 satoshi. Once it reaches this final destination of ~65 satoshi's, and thus completing the correction (after recent impulse up to 73 satoshi) we can expect the next wave to reach as high as 81 satoshi's. Feedback and comments are appreciated - if im wrong, please point it out so I can learn from your input. Very bullish on XVG for LONG term hold, with a new cycle in the marketplace over the next 6-8 months.
Long
by astoinis
NZDUSD Short coveredTalking Point: Technical Strategy: Bearish Elliottwave View: Bear count confirmed Analysis From our last December's analysis on NZDUSD (New Zealand dollar vs US dollar), nothing much changed. We are on bear trend count and able to break and trade outside corrective channel. We are considering as wave 2 wave and counting sub wave 3 for larger bear move. On shorter term wave cycle, we are considering bearish wave3 of 3 will continue and can target 6900 and below. We are now expecting channel breakout or some smaller correction in current price @ 6897. Action We are running short position @ 0.7035 and we closed our position here @ 6897 before we entered into vacation. To get more information on trade, please login into "Trade Signal" area. -- By Hoagtrading.com (Twitter: @Hoagtrading)
by Hoag