Bitcoin Gold (BTGUSD) short.All description on chart.
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USD-BTC
BItcoin - Regarding future growthCool the heat of buyers! Everything is very fast and fast. A large number of eliminated short positions, which are recruited from the level of $ 9,800.
The whole set-up in a pair of BTC / USDT in our closed channel
At the level of $ 13,000, it was recommended to reduce the purchase and from $ 9,800, and what was bought for the corrections at $ 12,200. The purchase balance was 20%, later closed with a stop around $ 12,400. Next was a recommendation to buy from $ 12,370 c targets at 13k + and above (it was decided to buy an asset just because the stop was very short - $ 12028, the ratio SL / Profit is more than 1: 3)
Now out of position.
What are we waiting for next? A further decline, an interesting zone will be the level of $ 10,800.
Altcoins
Altcoin situation - it hurts to watch! Not once mentioned that while it is necessary to refrain from shopping. Now the case does not zalazit assets simply because it is cheap. This is the number one mistake for everyone. The concept is expensive or cheap; it simply does not exist on the market.
Short term Analysis of BITCOIN - Technical ONLYAfter a 2018 marked by an all-time high @19,666.00 followed by a plunge of nearly 85%, Bitcoin consolidated in early 2019 before breaking upside in April 2nd. Besides, the bull trend peaked at @13880.00, marking the current high of the year. A pullback was then followed, dragging down the security to @9,600.00 and marking the supply and demand levels. Furthermore, Bitcoin consolidated tighter pressing the supply and demand levels to a smaller range. The crypto confirmed its sideways behaviour, awaiting a sharp move to define either a bull run to upper levels or a rejection to lower points.
Possible Targets: @13,200.00 (+11.4%) or @9,600.00 (-10.8%) if the bear trend is confirmed.
Advice: Stay Bullish and buy any low points while we don't break @10,800.00 bottom level.
ES1! AB=CD WEEKLYCURRENT LEG SUPPORT A STRONG MOVE DOWN 2700-2500 RANGE
CURRENT DOUBLE TOP
CURRENT OSCILLATION TURNING POINT
WITH A LOT OF HANDS HEAVY LONG SUPPORTED BY CHINA TRADE MEDIA PUMP ES COULD VERY WELL SMACK DOWN INVESTORS 3RD QTR
3000 IS STILL A C>D TARGET
CURRENT MOVEMENT IS B>C
A>B HAS BEEN SATISFIED TWICE WHICH MEANS A DOUBLE TOP
RLC/USD POSSIBLE FALLING WEDGE? LET'S SEE...RLC/USD is a token with low marketcap and, so, high volatility. Try to read a clear pattern is really hard, but if you match the trade the gain could be huge!
This is not a complex example to understand, here it is :
I think that RLC USD pair is drawing a falling wedge, seems that the price is moving sideways bouncing on the 0.37 $ support, that is also the 38,2% retracement of Fibonacci. If this trong support can hold the price until the end of the week, could be started a new bullish wave breaking the falling wedge.
1° Target : 0.44 $
2° Target : 0.51 $
In a bearish scenario the price could fall down to 0.29 $ (next Fibonacci retracement)
See you soon for the next update!
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-- This is not financial advice, for illustrative purposes only. Thanks! --
BTCUSD - Bullish channelThe price currently seems to be moving upwards in a bullish channel. The price has tested the resistance level of the channel on a number of different occasions, all of which have failed, the price has just tested the resistance once again and I believe the same to be true. Over the last month we have saw the price teste the resistance two times, on both of these occasions we have seen the RSI reach an overbought stretched position and the price test the resistance level. Every time this had happened we saw a downward push towards the support level of the channel shortly after, this seems to be the case on the third test of the resistance level. We have saw the price test the resistance and the RSI move into an overbought position, the price is currently fluctuating but looks as if it is soon to move down and test the support of the channel once again!
Bitcoin has been doing incredibly well managing to overcome the 9,000 dollar resistance level, but this channel seems to be lacking the momentum needed to break out the top, I believe the price is much more likely to break out the support level and the price to start moving down. This is not a long term price prediction, as I think that bitcoin has got a fair chance at being able to reach the price it was at before the huge declines in December.
But, again we come to the question that if bitcoin is able to move back to the price it was previously at by Christmas is it just a pump and dump scheme? I believe that this particular crypto needs stability and to consistently and slowly increase in value overtime, rather than aggressively increasing its value with hype and speculation.
Bitcoin (XBT/USD) Buy $5424.00 >>> $5750.00 (Profit:Risk = 5:1)Bitcoin (XBT/USD)
Exchange: BitMex
1) Deal for update maximum price
2) Growth channel is still relevant
3) I still remain an optimist and I believe that we have not achieved our goal and objectives for Bitcoin
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Buy (x3 Leverage) = $5424.00
Take Profit (x3 Leverage) = $5750
Stop Loss (x3 Leverage) = $5359.00
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Take Profit = +6.01%
Stop Loss = -1.20%
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Profit:Risk = 5 : 1
Profit:Risk = 30.05% : 3.6%