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HAS

Is bitcoin painting a Head & Shoulders pattern ?Hello everyone, nothing serious here. Not even a "real" technical analysis but a bunch of speculation, because TA doesn´t work anyways :D I think that Bitcoin is currently forming a Head & Shoulders pattern on 4h and we can see a further correction. Very offten a bull trap happens after such formation before the real sell off starts so this chart is just for paper trading / tracking of such situation. Lets wait and see how this will play out in upcoming days. Do not hesitate to leave a comment what you think is comming next or what are your thoughts about current H&S pattern formation. ChaChain ------------- Disclaimer: I´m not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature, and therefore I´m unqualified to give investment recommendations. Always do your own research and consult with a licensed investment professional before investing. This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only. KEYWORDS stellar , lumens, xlm , trading, bitcoin , bitcointrading, profitable trading, profittrading, profit trading, secret, divergence, bull divergence, bear divergence, divergencetrading, divergence trading, trading strategy, how to trade bitcoin , bitcoin trades, bitcoin trading, make profit, take profit, trading strategy, trading technique, successful, successful trader, successful technique, successful strategy, successful secret, how to trade, trend analysis, technical analysis , indicators, rsi , relative strenght index, let it rain, successful life, easy strategy, easy trading, easy technique, make money, crypto investing, investing, crypto, cryptocurrency, cryptocurrencies, mentoring, money, chartart, beyond technical analysis
BITSTAMP:BTCUSD
by Anoinvest
7
BTCUSD DOUBLE BOTTOM + INVERSE HEAD N SHOULDERS + ADAM AND EVE LEVIATHAN CAPTAL PARTNERS BTC/USD Technical analysis 31 march 2019 BTC is inside a uptrend channel. BTC is about to break the inverse head and shoulders resistance. BTC is bouncing from the fibonacci supports. BTC closed 7 green weeks, technicals indicators shows some strength. TECHNICAL ANALYSIS : The inverse HAS have an important role in this uptrend and will probably push BTC out of the bear-market once confirmed. The resistance is around $4200 and once broken BTC should spike up to $4800/5000, this target match with the fibo projection (1.618). On the short term the fibo resistances worked well and we can expect to hit the $3980 zone before breaing all the resistances. On the technical indicator side : the MACD is bullish on the daily graph, The RSI is strong, the ichimoku cloud is bullish, volumes are ok but we’ll see more very soon, BTC tried to break the BB resistances but haven’t really yet. we’ll see this movement as soon as the IHAS is confirmed. BTC is now above the 150ma line which play as a support for now. BTC will hit 5000 before it hits 1600$ ;) support/resistances : support : 3980, 3860, 3650. resistances : 4200, 4500, 4800, 5100. alt market is strong, coins of the month : ZRX GRIN DGB STRAT ETC GNT NANO SNT LISK this analysis has been made by Mena’hem SULTAN from leviathan capital partners for the paid channel ©BTCSMARTCONSULTING
COINBASE:BTCUSDLong
by jchaker
BTC potential H/SIn this post I compare potential HS now with HS which was in June. You can see reactions of MA77 and 231. Now we should make ABC correction down and by the past golden pocket would stop the move down and after that should finish RIGHT SHOULDER of HS pattern. Potential target for this pattern would be 5400+ (BitMEX price). Who want agressive entry should place buy orders on 0,5, 0,618 and 0,65 fib. retracement. That means entry between 3400 and 3600 USD. Your target can be 5400+. And stoploss? Under 3300 USD. I think RRR 1:6 is great.
BITMEX:BTCUSD.PLong
by taserface
DXY Dollar Index Update Finally the Dollar hits Key SupportDXY Dollar Index DXY has rallied from lowest blue line (just out in fact, but close, considering how far it has fallen now) and rallied to the next line pretty much spot-on. So it's now vulnerable again at this point....it has to push up through this next line right here at 89.42 and hold above here for the dollar to go up any more and therefore for EUR and GBP to go down any more from lows hit today. That is a good spike though, for sure. It could be the low...but we will only know for sure when the next move back lower begins...but bulls will take cheer from today and try to push DXY higher now if they can. This is line therefore the next key level on DXY right here, and so too therefore for the pairs
TVC:DXY
by sumastardon