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Longbtc

VOLUME ON THE BEAR SIDEHi guys! As you can see since we broke out from the trinagle on the 26th of May with low volume, we always had a big sell volume followed by a small buy volume. What I am looking for is a big sell volume, bigger than the previous buy volumes. We found resistance at the 0.382 fibb. level, which is a great sign for a continuing correction. If we have a look on the weekly chart, we can find further confirmations of a potential correction. First: Reversed Hammer green candle - LOW VOLUME Second: Followed by a doji candle - LOW VOLUME Third: We are currcently forming our RED reversed hammer - LOW VOLUME Low volume with these candle formations favours for the bears. Of Course, anything can happen, but it highly more likely to break downwards, than upwards. ***It is not a financial advice, it is only my own opinion*** If you liked the analysis please leave a like, if you have any quesionts leave a comment below!
BITSTAMP:BTCUSDShort
by KryptonuQ
BTC PULLBACK TARGETSHi guys! If you read my previous analysis, you know that I preticted that we gonna have a fakeout to 9K than immediately pull back. I do not think it is gonna be a very short-living pullback, I think the 8K will not act as a support. It would be a way too small pullback compared to our parabolic run. The 21 EMA (blue line) should also not hold. What I will be looking at is the 50 MA (purple line) and the 100 MA (green line). If we look at the price of bitcoin in the last parabolic run in 2017 you can see that when we had a move up we pulled back to the 50 or the 100 MA. We can also see that at the start of the parabolic run we pulled back to the 100 MA and than as we got higher and higher the 50 MA was the one that acted as a support. Since we are only at the start of a bull run, I would say that it is more probable that we will see a pullback to the 100 MA. At the time we get there it will be around the 6.4K region what I also mentioned in my previous analysis. ***It is not a financial advice! It is only my opinion and you should always do your own research!*** If you liked the analysis please leave a like, and if you have any questions feel free to leave a comment.
BITSTAMP:BTCUSDShort
by KryptonuQ
Ready For The Next Wave To 10K?Hi guys! As you can see on the 4H chart we are forming this bullish triangle. The volume is decreasing we are making higher lows. The 7500 USD level acted as support, so the next target is the top of the triangle at around 8200 USD. According to VPVP we have a quite strong resistance at 7950-8000 USD which is not surprising, since it is a round number and also a psychologically important level. Both the Stochastic RSI and simple RSI looks healty, so the move upwards could be probable. On the picture below on the daily time frame you can see that 10K is a previous top which should be our next target in case we brake upwards. In case we brake downwarsds I would except move down to 6400 USD which is a 0.382 Fibbo level and VPVR also shows strong support there. ***It is not a financial advice, it is only my personal opinion.*** If you have any questions leave a comment below, and if you found it helpful please leave a like!
COINBASE:BTCUSD
by KryptonuQ
BTC 3D RSI Notes / ThoughtsWanted to take the time and point out what may not be the most obvious aspect of the BTC RSI right now - Ive noticed a growing 'beginner' follow base so if If unfamiliar with the concept, I suggest looking at investopedia or other online resources to familiarize yourself. Looking at this 3d chart shown I have 4 indicators on the chart - MGv6 PRO (visit my website, www.marketgod.trade), Log-based BBands (better for crypto volatility), Keltner channels, and RSI. The candles are heikin ashi candles, which I prefer for how effective they are for visually identifying trends in price movement. While the majority of the media/coverage on the matter is looking at the clear bear-divergence RSI set-up, few are strategizing on what it means, based off of what we already know. Illustrated on the RSI chart, you'll see the in 2018, the RSI was boxed into a tight range that boucned price back and forth until our breakdown to the current trend low in November. That said, this motion downward broke the RSI trend and eventually gave the bulls the momentum the needed to continue onward, get back into the previous RSI box, and now rocket out of it at a rate that any would notice as bearish. The main point being, there is a new RSI trend, and we are in the top range of it. According to several sources and studies we've all seen around, RSI trends to the bearish side tend to stay below 60(ish) while rsi in bulltrends stay above. The result we see here is now we've got price knocking on the door of a major resistance, and knowing that LTC broke its resistance before consolidation above what is now support, I cannot see BTC getting rejected here. infact, even if it is rejected, I would expect the ralley in the low-mid 4's be similar to the Buy surge we saw in 2015, inwhich BTC went 4x-5x in the span of a month. Gameplan: IF BTC breaks $6.2k first try - Ride to $6.7k / until Mgod gives sell signal. Rebuying at $6k region at the newly found (refound i guess) support. IF BTC doesnt break $6,2k first try - laddering buys $5.7k, $5.3k, $5.1k and $4.6k. Will sell my truck and trade for more at any level below that. All in relation to my longterm plan, from Aptil, which is linked here.
BITSTAMP:BTCUSD
by kingthies
3
Everything is going to plan - BTC price predicted perfectly!Come and check out my existing big set of BTCUSD trades As you can see my plan is going purrrfectly so far. Loading up here with more than I probably should - 6k the target for a successful time As always these are my trades, my risk, my bacon, not direct trade advice just looking to share and gain some banter. Make sure to like/share some feedback, let me know your plan for BTC and your plans for trade the next few days and weeks. Happy hunting to all, may your trades be smooth and your profits be huge! *snaps fingers and disappears* XOXO MysticCrypto
COINBASE:BTCUSDLong
by UnknownUnicorn4504015
BTC chart updateWe should see one or a few days flat for BTC price (between support and resistance $5000 / $5200) then BTC will have enough power to break $5200 resistance and next stop should be $5600 resistance which lead us to $6000 price zone, than we think correction will be started and how much exactly BTC will dump - very interesting question. This is unlikely that BTC will reach $7000 zone before dump, but as you guys see on this overhyped cryptomarket still possible miracles.
BITMEX:XBTLong
by bitconsul
Bitcoin LONGBitcoin shorts on bitfinex are approaching their all time high, what does this mean for the price of btc??? I think we are going to have yet another short purge. I expect a big green dildo to 6,620 at least. Not your normal fractal, but trading against human phycology is an indicator on its own. Like do the opposite of what cnbc says do lol. If you follow the herd, youll end up like the herd. 90% of traders lose money, right? So why would you follow them??? Thank yall for reading, more analysis to come :)
BITFINEX:BTCUSDSHORTSLong
by bthechad