Tradingbtc
ETN/BTC looks ready to break to the upside!Our Proprietary Oscillator is showing a positive divergence to price and suggests a big move coming!
Binance looks poised for a nasty correction!Binance recently announced a hack but the price chart had already started to become vulnerable to a pull back. Our Proprietary Oscillator is showing a negative divergence in the 2 grey boxes so price looks vulnerable at this point. The dots on the oscillator are starting to widen to the downside which means momentum is started to accelerate to the downside so price should follow.
We did a video last night on BTC, Eth, ETN, BNB, EOS, LTC and more coins and also explained a little bit about our chart overlay and what we look at to help determine price movement. You can take a look at the video on our twitter feed @tradingbtc1 or on our videos page on our website.
EOS looks ready to breakdown from uptrend!Our proprietary oscillator is negatively diverging from price as well as the previous low in the oscillator and this would suggest that a big pullback in price is coming in EOS.
Target price may be as low as $3.80 if and when the price breaks down below the uptrend line.
Bitcoin ondas y canal alcista, BTC waves and chanell up.Hola, te comparto mi análisis para el BTC -2.71%
Del mismo puedo decir que:
En estos momentos el btc -2.71% se encuentra tocando el piso de un canal alcista al igual que un soporte temporal y debajo 2 soportes antiguos.
Se encuentra dentro de una onda(WXYXZ), creando la segunda(12345), son así 2 ondas:
La primera desde los 6670(0), 7817(X1) y 8650(X2)
La segunda se confirmaría con el rebote: 8650(0), (2)=9140-9170 esperando la continuación de la onda buscando un precio cercano a los 10560 donde esta el techo del canal(3).
En caso de romper el canal e invalidar las continuidad de las ondas lo esperan 2 soportes: a los niveles de (1)8870 - (2)8150
En ambos casos puede ser un movimiento brusco, por lo que las altcoins llegan a sentir el efecto del movimiento en sus precios. Calma y colocar stops-loss seria un buen consejo ;)
Recuerda que es una opinión de acuerdo a mi analisis, comparala con la tuya.
Que tengas un buen trading y muchos profits!
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Hello, I share my analysis for
Within it I can say that:
At the moment the btc -2.71% is touching the floor of a bullish channel as well as a temporary support.
It is inside a wave, creating the second (mini) are like 2 waves:
The first from 6670 (0), 7817 (X1) and 8650 (X2)
The second would be confirmed with the bounce: 8650 (0), (2) = 9140-9170 waiting for the continuation of the wave looking for a price close to 10560 where is the roof of the channel (3).
In case of breaking the channel and invalidating the continuity of the waves, 2 supports await: at the levels of (1) 8870 - (2) 8150
In both cases it can be a sudden movement, so the altcoins come to feel the effect of the movement in their prices. Calm and place stops-loss would be good advice;)
Remember that it is an opinion according to my analysis, compare it with yours.
Good Night. Have a good trading and many profits!
Does someone know something or is the tree being shaken?This is a chart of the amount of shorts that are opened on Bitfinex exchange and you could see that in the last few days there have been
a lot of shorts opened on BTC. Seems a bit funny that we get all the FUD recently and then today's news about a subpoena being issued
to Bitfinex but not (today's news) it was issued last month on Dec 6th. BTC has been holding the 10k level for 2 weeks now and if the 10k level
does not break now then these shorts are going to get flushed out and that will take BTC up to 14kto16K. The shorts have reached the same level
they reached back on Nov 6th of 2017 which was right before the surge to the upside so we may see the same reaction here!
Worst is over for Bitcoin (BTC) time to accumulate 01/17/2018Here is a WEEKLY chart of BTC (Bitcoin) and price has come down to the 20 day moving average as well as approaching the uptrend line that started in September 2017. Both will provide support for this downtrend
and will stop the downfall. You can see the 20 day weekly moving average has stopped 2 other downfalls back in July 2017 and September 2017. BTC will need some type of double bottom (high low) to confirm that the downtrend is over and will launch to new highs. Trading is not only looking at a chart or looking at an indicator and buying or selling. Trading has everything to do with sentiment of the crowd. Just 2 weeks ago Ripple was going to rule the world and now it got shredded because everyone who was going to buy had already bought. Now we hear about "This is the end" of BTC (Bitcoin) and everyone who was going to sell has already sold so now is the time to look at the
opposite side of sentiment of the crowds.
This is not financial advice, please do your own research!