More possible to go Down!! who knowsI'm Rookie(Warning) :D
it will raise to 100K at the end of 2019 But now going down.
Usdbtc
BITCOIN HUGE MOVE INCOMING NEXT 24 HOURSThe HVP indicator is signaling a move incoming.
we are in an ascending triangle and it looks mature to break now. im bullish on this one but i have my stop loses ready if this breaks hard down.
hidden bullish divergence on 4H and in general looking strong
24HOURS for the break
BTC huge move coming BITCOIN huge move in the next 24 HOURSHUGE move coming in the next 24 hours
HVP is low on the 2H and that is a sign of a big move!!!
decide on your own analysis which direction we will take
but im bullish if you want to know why send me a message.
i will be watching and updating it if the indicator will gave us false alarm
good luck
BTC an opportunity for 2 bullish patternsim not a big fan of trading patterns but if one of them will play out i wanted to show you how it could be.
the first one is the cup and handle pattern which we are missing the handle, we might test 8600$ again to create the handle lower than that will be bearish.
the next is the big ascending triangle which is even more bullish and its target is higher than the cup pattern.
i will look closely to see if one of them will play out and will be updating here.
BITCOIN cup and handle patternhere is a possible scenario which could take place the next move of btc
we got the famous cup and handle pattern. now i took the Fibonacci and putted from the bottom to the target we ''should'' get if this is the case of the pattern. now we should have support at the 0.618 blue line at 8578 which will possible create the handle.
target 10400$
keep an eye on this one
just did 45,000$ on BTCHey guys i just did 45K on BTC
Bought at 7400$ and is still holding in 8600$
follow me and check my post to see i have been right
BITCOIN move huge move incomingAs you can see the HVP indicator is low nearly at 0 this is indicating that a huge move is incoming the next 24 hours
hard to know which direction it will take but more bullish sentiment now
BITCOIN huge move incoming next 24 hoursas you can see here everytime the HVP has been low we had seen a big move, now the indicator doesn't show us which direction but we know it is coming in the next hours.
we are on the edge of the support i drew plus we are still holding on the 200 EMA on the 4H. we are makong bullish divergence on the OBV.
the 1 HOUR MACD just crossed bullish.
so i put more on the bullish move
BTC TO HIT 9500$. i have made 80000$ last monthI have made 80K in May only trading bitcoin and i have to say that we are going to hit 9500$ in a matter of time.
we are inside a ascending triangle and it is about to blow.
look on my history and charts and see i have called this from the early stages
BTC, Bitcoin Historical Bear Market Fibonacci Historical bear market Fibonacci illustration comparison.
BTC, Bitcoin Timeline as Compared to 2014To those who believe in historical PA repetition and fractals, my analysis.
SOONsoon the new movement will indicate our prices. we are at the end of ascending triangle. there is a better chance that we go up but you must wait till conformation.
All that glisters is not gold.Today I have taken time to zoom out and take a look at Bitcoin from a larger term scale. I go into this analysis with zero bias of how I expect Bitcoin to behave, and solely acknowledge truth from the chart.
Firstly, Bitcoin is being held down by the trend line resistance resistance established on the 29th of November, and then confirmed from the touches on the 24th of December and 8th of January. This is a valid and strong resistance trend line, which until broken keeps the macro trend bearish with continuous lower highs. The lower highs have been a theme for Bitcoin throughout 2018 and now continuing into 2019. A metric for helping me decide when we may be reaching the end of the bear market will be the first higher high and higher low become pained on the weekly chart. Although this metric alone cannot determine the end of a bear market, it is needed for the start of a bull.
Secondly, I have taken a Pitchfork from three significant pivots on the Bitcoin chart. The twenty thousand dollar high, the five thousand eight hundred low, and then the eleven thousand six hundred high. From these three pivots, and modifying the pitchfork, I have worked out a channel Bitcoin has been respecting for the last eleven months; currently finding resistance on the .1 from my Pitchfork.
Lastly, price is now ranging between two Fibonacci levels the .786, which is resistance, and the .886, which is support. A break below the .886 I would expect the horizontal supports to be tested and held. If Bitcoin breaks the .786 a test of the old support of six thousand should be tested quickly. The reason why I believe a swift rise would be seen is that above the .786 Fibonacci level there is little resistance between that and the old support.
I would like to add the 200 simple weekly moving average has acted as support twice now for Bitcoin, therefore it is a support that is currently being respected. I hope you have enjoyed this write up about Bitcoin and given perspective of what is happening on a macro time frame. It is important to remember that a market trends only ten percent of the time, so one should be looking to scalp or swing trade these ranges until important supports or resistances are penetrated.
- Idea I posted about Bitcoin finding support at the 200 weekly moving average on its second touch, which happened.
