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Psycology

Updates: Bitcoin still bullish, but could be manipulated!!!The perspectie of what Bitcoin do is hoping that Bitcoin continue up while the Daily timeframe that we were in the 0.618% of Fibonacci. In the right now in less minutes, Bitcoin was manipulated and it's formed a doji of indeccision of the market But now, taking as a piece, in scalping timeframe 15 minutes, we see that Bitcoin is still bullish, it's a other piece to take in noticed it this volatil movement that was up until the $10,200 USD in less of 15 minutes I continue bullish, and I dint sell Ethereum or Bitcoin, because as we are in the bullish rising wedge, we are to long position!!! And also, in H4 timeframe is very important to know it, I will going to post the Daily piece to see how the candlestick is end, its vey important this timeframe. It's very important to know in less 2 hours how the Daily candlestick is to end, if we see of the 4th day that show a Daily's candlestick a bullish signal, the bulls are prepared to carry the Bitcoin price to the higher leve.
COINBASE:BTCUSDLong
by harisonhbn9718
1
EURO is become more optimistic: Grant News for Eurozone DataHello guys, in this technical analysis. Euro it's seem that is more optimistic. Well, in that case, we analyze EUR/GBP. So, in H4 timeframe we see a possible formation of shoulder head shoulder inverted, that mean is EUR is more optimistic, we could to see a strong bought of EUR, because EUR is have the safe-haven assets ane the best currency of Forex for now. In the past week we are in the bullish rising wedge, that mean a bullish pattern, the possibility that EUR is go back to the bullish channel is so highly. And also, I represent my 3 targets to reach it in the price label. Other coincidence is in Daily that we could to experiment a golden zone in the 0.618% of Fibonacci, and that mean a possible continue in the up trend!!! Now, it's more importan to know if the EUR doesn't break up the bullish channel and appear a candlestick to entry in sell, we could to experiment in this par and EUR more weakness than GBP, because this par is so sensitive in two hears and this par is so difficulty to know what is the movement and it's one of the Forex's curency based in a lot fundamentals. For me my targets it's just 95 pips, in case that EUR is more optimistic than GBP and break up the channel to continue it, we could to see another buy it for EUR in this par until the reach the 0.92. There are important kesy to take in noticed in the fundamentals in this par: 1. Pound terling to Euro outlook could be influenced by the European Central Bank this week. 2. Pound to Euro exchange rates slips from highs as Euro boosted by Recovery hopes 3. Pound exchange rates under pressure as hopes for Brexit Delay Fade. 4. In the last week investors bought the pound in reaction to various global and domestic aspects 5. Euro Exchange Rates steady as markets await evil developments. 6. Euro has been one of the currencies to benefit most strongly from coronavirus crisis. 7. Euro outlook remains fairly strong overall, due to for an European Union recovery fund to be agreed, as well as signs of recovery in Eurozone data. 8. Pound to Euro exchange rate awaits week of Eurozone news. 9. This week could be a key one for the Euro outlook. Many key Eurozone ecostats will be published throughout the week, and the European Central Bank policy decision for tomorrow could be especially influential. 10. Tomorrow's also, we will see the publication of Germany's final June inflation rate results 11. Eurozone industrial production and economic sentiment data from ZEC will also be published. 12. Pound to Eurzo exchange rate dips as uncertaines over brexit increase 13. Sterling Pound falls as only one in four UK companies are prepared for Brexit. That is another bad indicator for UK and their currency 14. EUR could be benefited as concerns linger over a second wave of covid-19 cases. Rememebr that in UK we see a lot cases os covid-19, and if US Dollar is drop, Sterling Pound is too, because the par GBP/USD is more influenced by US Dollar. 15. Euro edged higher against the GBP today as invetors continue to seek out the safe-haven status of the single currency. With fears continuing to grow over a posible second wave of the coronavirus, safe assets like the EUR and the US Dollar are trading higher today. Well guys, all is depend the news for this week, if we see EUR/GBP good news, EUR it's could be benefited in all pars independent which are based in the good news for the Eurozone from today. So, we could see a strong expectative bullish this week for EUR. So, we hope a buy at this level that mentioned!!!
Long
by harisonhbn9718
BTC Little Explanation from mass psychologyThe end is near! But it will not be, what many say about a massive devaluation ... No! It is impossible, the behavior of "rational" individuals will always make their value remain high. Now, why do I say the end is near? Pitifully Bitcoin, is no longer a change merchandise and is now becoming a hoarding merchandise. I give you an example; Today you have a bitcoin, would you buy something with that bitcoin? Knowing tomorrow that bitcoin cost more? Human psychology shows us that when we feel affection towards something of great value, it is hard for us to leave it. That is going to happen with all the Bitcoin holders at the moment. Now what happens if the day of tomorrow Bitcoin falls to 5000? Well, nothing ... There will be people who buy bitcoins, increasing their value once more. Giving back the value. It's like a spring Jjejej Now I consider that the bitcoin is reaching its last period of rise and later the value remained static. Something like a frozen coin. There is no government that freezes the currency, but the society itself will freeze it at a "x" price. Its fluctuations will be slight. What can we do ? Nothing, look at other currencies that are just being born or growing. We can not predict where the price will go currently because we do not have enough information (cycles, waves), it's something totally new. I do not consider it a bubble as many say, but we can not compare with GOLD in the future either.
BITSTAMP:BTCUSDEducation
by ChampitoPro
4
Bitcoin peak potentialHi, I don't usually do forecasts as my strategy doesn't take profit in that way, but the way bitcoin moves is so interesting that i wanted to take a closer look. I am also not advising anyone to use this as exact trading advice. There is a lot more to think about than this and personally I move a stop under the lows to protect profits and to ride out the trend if goes further than predicted. The chart explained: So here it looks like the peaks in the price happen at every 50%-60% increase. Once the price has passed the peak the peak becomes support. Around the 50% point between the peaks there is also an area of buying pressure I also have a go at explaining the reasons behind these moves. Although, it's only really possible to make assumptions about this. Non logarithmic scale: Let's see if it plays out again in the future! Mark
Long
by MarkLudgate