Get started

Xbteur

Bitcoin: Short term idea for XBTEUR 15 min + 1 D Fibonacci price extensions are similar to Fibonacci price retracements. It is also support and resistance indicator that is used to determine possible support and resistance levels. Again Fibonacci retracemnt, Fibonacci price extensions and Fibonacci price projections. Left side is just a zoom in to 15 min and right side shows a bit bigger picture. I am looking at 15 because the fight before the massive R level is interesting and it can give hints to what will happen, when BTCEUR hits the R area (yellow box). I like Fibonacci because I can use it for really fast short term trading and also to look at bigger picture for much slower but usually more massive moves. Don't get stopped out.
by alskdj
2
Bitcoin XBTEUR Kraken - Short term S and L clusters *Previous chart (), with exact same data had strange problems, where some values are double or not visible ) A short term outlook for XBTEUR ( Bitcoin ). Pale pink boxes show are Fibonacci price extensions looking for possible support if move is to south. Green'ish boxes are Fibonacci price extensions looking for possible resistances when moving upward. Fib retracement is a pale grey on the background (number are on the right side) I have not added Fib time zones so I am only looking at horizontal S and R. Possible slowdown at 8722, if smashed, next interesting cluster sits at 8859 (pale blue arrow)
Long
by alskdj
BTC Grinding Support - Prepare for the Next Level DownFor the last several days BTC has been grinding on the support line that has been generated by a pitchfork that connects the 2017 highs to the 2018 lows. This pitchfork was generated in the same manner as the one from the start of the 2015 bull run which precisely predicted the top. Then in turn was used to accurately calculate the bottom of $3300. chart will be posted below If the pattern from 2015-17 bull run continues to repeat itself and the current pitchfork support line breaks, I would expect a drop to either the 6800 or 5900 pitchfork support levels. From there we should be able to continue up to the next target of ~$13000. I myself have exited the market and am waiting on this dip or a clear signal in either direction. Think of support as a brick wall. Every time something slams into it, the mortar becomes weaker and weaker. 2018 Bottom Prediction:
BITSTAMP:BTCUSD
by oh92
2
Important R and S levels for XBTEURThis is actually a 15 days old but I was unable to post it here so I posted it to Here are some interesting R & S levels for #XBTEUR After 15 days, those levels are still in play and as important as ever. As of now, 4784.6 level is something worth mentioning. Added EMA's using I'll keep posting to gab.com so I do not have to deal with ban-trigger happy drama queens. ;) Don't get stopped out and steer clear from future predicting "gurus" selling you T e le gram memberships to magic crap channels
Long
by alskdj
1
It's not rocket science - Master BTC EditionFractals can be misleading, we see many of them from both bulls and bears. Trusting a fractal is always tricky, but this here sure looks like the best weekly BTC fractal in a while. 1. BTC breaks the downtrend line with a rally to the 50MA 2. Price reverses at the 50MA and goes down to retest the downtrend line 3. The downtrend line now acts as a support, we make a higher-low and it all begins again P.S. IMO The BTC cycle seems to accelerate itself (either linear or exponential), so I suspect that the fractal will complete faster and the new ATH would be lower than the one suggested on the chart!
BITSTAMP:BTCUSDLong
by jollyjoker747
5
Bitcoin - The Bigger PictureAs BTC continues squeeze, many like myself are stuck wondering when the next move will happen. Looking at the daily chart of Bitcoin on log scale, you will notice that it is inching its way closer to the long term trendline. It appears that if the price remains stable, within the next day or two we will come into contact. Once contact is made, I believe a large move in either direction could be possible. IF Bitcoin is able to break up from this trendline, I likely enter a long position. However, must keep in mind there is possible resistance at the next trendline up around $7200 that we must also pass for there to be any significant upward movement. IF Bitcoin is once again rejected from this TL, I believe the 6000-6200 range could still serve as support. This would leave BTC to continue squeezing to a point. IF 6000 support fails, there is also the yearly horizontal support line at 5800 which yet again could produce a bounce. IF 5800 support would fail. It would be a huge setback from the crypto market, and would likely mean that this downward trend is far from over. What I am expecting: Looking at the VPSI on the daily, it shows that both bull and bear volume pressure are reaching the charged zone. However looking closer, it shows that despite the Bulls currently maintaining minor control, the Bears have reached their reversal zone. Meaning that they have a higher chance of reclaiming control at the moment. Looking at the daily MAs. It also appears that Bitcoin is having a very difficult time reclaiming even the 13 daily MA. With those two points in mind, and Bitcoin nearing trendline resistance, I believe a move down is slightly more likely. If you have been following my past ideas, I believe that the 6000-6200 zone could provide an excellent spring that could push up over the trendline. This all being said, with this lack of movement any prediction could turn out correct. So don't overtrade this chop. Just set tight, and let the market show us the way.
BITSTAMP:BTCUSD
by oh92
4