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Usdbtc

Bitcoin finding support on the 9-day MAHello, my friends. I believe Bitcoin to continue it's rally in the next few weeks... As we can see, Bitcoin has previously found support on the 9-day MA during it's bull runs, and I therefore, expect Bitcoin find support once again on the 9-day MA. Also, we can see a potential descending triangle... If Bitcoin breaks that, I believe this will be another confirmation of it's bull run towards $12,300 (1.618 fib level), and more people will buy BTC as a result. If all goes well, then I see Bitcoin having a small correction, of -7.50%, and then continuing to $14,000 by April, or even earlier, hopefully. Remember, patience is paramount!
BITFINEX:BTCUSDLong
by PatienceIsParamount
Bitcoin Correction. Are we there yet?Bitcoin Correction. Are we there yet? Complete correction path possibilities. This chart is pretty much the same as our previous one, except with a few extra lines. As stated before, neither of these correction completion paths may come to play, however, being aware of the possibilities can allay any fear, uncertainty, or doubt. The white ABCDE sub waves would represent the completion of an ABC correction. These lines have been altered slightly since our last chart, and the major (C) wave has not been drawn to that end point. The orange major ABCDE correction path is fairly self explanatory. Both paths lead to the same price end point, except this one would take more time. For reference purposes we have also added Major and Minor Fibonacci retracements, with the major one being from the beginning of time, and the minor one starting form the beginning of the last major uptrend. So, why have we chosen approximately 7609K as the bottom of the possible correction? 1. It happens to line up with the major 0.618 Fibonacci. (Strong support expected here.) 2. It also forms a trend line with the bottom of the (B) and (D) end points of the purple major ABCDE bull run. (See orange dotted line.) Key points as to why this should be the maximum correction: Apart from the Mt. Gox era, Bitcoin tends to correct to around 50% of it’s gains. (Two steps forward, one step back.) In this current situation, Bitcoin has already corrected past the 50% major Fibonacci line to just under 9200K. A correction to 0.618 Fibonacci would obviously represent a correction of over 60%. (This would be a healthy correction moving forward.) In this current crypto sphere with more investors, more coins, more reliable exchanges and some Alt coins just waiting for Bitcoin to get it’s sh*t together so that they can spring back into action, a correction lower than this is highly unlikely. (Not impossible though.) What to look out for? 1. In the short term, watch the white ABCDE (E) sub wave. 2. If the price heads up, keep an eye on the orange (D) in the ABCDE correction, 0.382 minor Fibonacci. (Around 14300K.) 3. If it struggles to break this line, prepare for the orange (E) wave. 4. If it happens to clearly burst bullish through this line, you can file this chart away in your keepsake box. Note: The Elliot wave lines may not exactly match the paths, so keep an eye on the Fibonacci price lines. Thanks for reading.
BITFINEX:BTCUSDLong
by C320up
USD V Bitcoin Old Money v New: FIAT v LAMBO Speed of Change USD V Bitcoin Old Money v New: FIAT v LAMBO Speed of Change This is a fractal of a crypto move that we see almost every day in cryto-land. They see it in olde worlde FIAT time every few...years ! Seriously. But it's exactly the same kind of thing we see every day in the growing universe of 12 or so top coins that many of us trade daily. This is a good fractal, no? 1 year in olde worlde money = 2 days in crypo land, roughly, so roughly 125 times the speed of change with 250 trading days per year in the old world. Imagine going fishing a nd one big fish swims by ...per year. Are we not lucky?! The trading opportunities of a lifetime swim by almost every day. All we have to do is catch them. And if we miss one there's no great need for FOMO. there's another coming very soon. All we need is movement. Just so long as we get it we have trades and opportunities aplenty. Or you can take it real easy - and drive a Fiat currency instead. Good to resume service.
BITSTAMP:BTCUSD
by sumastardon
BTC regains momentumBitcoin held structure very well during this retracement. We can see that the initial spike came down to touch the 61.8 fib level with the bulls retaking the price for a few days. Prices dipped once again and held structure at the 50% fib level and has been gaining momentum ever since. A massive increase in the market cap has been noticed. ALT's are starting to dip again as the market cap is moved towards BTC. This is a massive indication to get your money out of the ALT's now and reinvest in BTC. Wait for price to break 17200$ with stop losses at 15800. Profit can be taken if price action bounces off the ATH at about 19700 wait for a medium sized red candle on the 4H time frame as a confirmation of price reversal. To be safer wait for a new ATH before getting in.
BITSTAMP:BTCUSDLong
by tinusbotha
SC plan by Wu prophetBuy in 114~152 satoshi Don't buy all at once, maybe today you want to just get 10k of this coin, that's okay. Tommorow is another day. Will come up with targets after BTC hits the wall. Things we do will contribute to all. Stay patient. All tips are highly appreciated and will be used for good cause (ONLY if you want to do something good for humanity): BTC 13.73% address; 1PgiK1C21jLnDT8aUMMVMtqfJWNmpDPNXv SC 0.16% address; 63c2ced91e6cb41174f7fba6793eee6718df1e8007e2d8cf3a9af14752aa47cf3d36c850be10
Long
by omen5670
Hectic 2 Weeks of Trading Bitcoin [Educational]This is an educational technical analysis of the past 10 days based on the trading I have been doing recently from patterns I have been noticing during price movement starting with our outbreak into the $5000+ pricing. - By creating a trend line it gives us an idea of when an outbreak or a downfall may occur I have done so using swing lows since the dip last month. After we failed to pass 4940, we can create a resistance line, using Volume Profile we can also create a support line based on where volume falls off. To be safe we can also set our stop loss at the swing low (the lowest price on breakout) - With visible higher lows and higher highs I am able to tell this will be a larger move. We can create a resistance and support based off of this and expect consolidation when momentum slows down. During this frantic move we have several options. 1. We can take profit at the two short consolidations on the way up where we see the resistance lines. 2. We can add to our position and raise the leverage we are using and expect the liquidation price to move up just a little bit around the entry price. 3. We can prepare a hedge and short if we are feeling bearish about this strong movement while holding our long position. Before our bounce at around 5125 we can already see that as a potential area for a bounce by creating a support trend line from the bottom of our 3k bounce on 9/15. We can do this by using the low of that candle and finding a correlating candle that has also had a low that matches with the dip we had. Also marks a cross section on the uptrend and downtrend fibonacci channels I had drawn that matched the exact candle open area. We also see what can be basically noted as a inverted head and shoulders or V bottom. Setting our swing low on the right shoulder as a stop loss and buying the breakout to minimize risk, and maximize profits We are now in a consolidation marked with the rectangle, we can break out down which we would potentially want to short or bounce off and go higher creating an opportunity to open long. If we break below we can look at the fibonnaci retracements as potential areas for bouncing but should also pay attention to volume profile for indication of which price we may meet resistance or supports at. -- I have made 1600% just this week trading Bitcoin Futures (Quarterlies & Perpetuals) from trading this what I have shown on this chart. It would have been higher but I accidentally closed 2 trades from my long position on the recent bounce. Feel free to checkout BitMex in my signature for trading Bitcoin Futures and joining my community for Public Help. All feedback is welcome.
BITFINEX:BTCUSD
by mumbojam
3