Xbtusdlong
What should happen next for Bitcoin after this move.Bitcoin had a massive dump today.
It looks like the bottom should be around 8k to 7k. In the meantime, it will probably consolidate above 8k.
There is a chance for it to move higher from the current price.
Personally I have placed bids from 8k to 7.1k and have gotten filled for just one order which really made my day. I believe a great place to enter long is ~8300.
However, keep in mind that after such a massive dump, longs are very risky and shouldn't be kept unless it continues looking good. If you want to be safe, just wait a few days so you can see clear support.
The Beginning of Glory (Bitcoin)With Bitcoin ranging in a BULLISH consolidation nearly the whole summer, we are at the apex of this bull flag. The recent shakeouts to ~$9,588 (yesterday) and lower $9k's are nothing more than opportunity to buy and add to longs. Stressing short term movements are signs of weak conviction. Position yourself for the greatest swing in price of 2019. Getting caught on the wrong side in a bull market is gut-wrenching and shameful when in hindsight, it was clear all along. The trend is your friend. Better to navigate with the current than to go against it.
bullish on bitcoinlet me know your thoughts. its going to be a big move either way. if interest rates are lowered tomorrow i believe we rally upward.. otherwise i think we will see some sort of downward action. total formation is not broken until we break 9800 or 9400 area to be safe. or safu lol.. as far as the upside goes I don't believe we are in the clear until we break the previous high of 12k area.. breaking the trend line will be nice but just be prepared for a fake out. because this next trade is so obvious we will most likely see some fishy price action. good luck my friends i hope you all become rich. just remember to be prepared for a move either way. there is money to be made on both sides..
Hoping for new bull run? What signals to look for? This is my first published TA.
In my opinion these are the simplest signals to look for if you're wondering about going long.
I would not underestimate triangle patters as they can be very useful, on the other hand, as it says in the book "trend is your friend" and the "LONG" market sentiment can help the price break through the resistance of an otherwise bearish triangle pattern.
As the triangle resistance level arm can be positioned in few ways I have used two different setups (on the tops of daily candles and on daily closes) thus creating a "bull run resistance (or testing) zone"
Also, I still believe in Fibonacci levels magic so.. yeah.
I have also used the EMA ribbon to show the quite uncertain position of BTC price as its still going sideways leaving an irritatingly neutral sign..
The MACD shows that right now we are in a short term bullish trend and right in the time the price should face the resistance of triangle pattern it should also hit 0 level resistance on MACD chart. Breaking it to the upside would be bullish.
Bitcoin Inverse Head and Shoulders breakout ??From last few days, Bitcoin is trading between 10,000$-10,400$ zone.
This happening could be considered as a no-trade trade zone where market is quite choppy
However, the boost in USD yesterday can show us impact today in crypto
Wait for the breakout, although there are max chances that it will break in upwards direction
BITCOIN - If We Enter This Demand Zone We'll DEFINITELY BounceIf we enter this demand zone, we'll definitely bounce back , Why?, Why? and Why?!
The reason is Because....
...
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Hey Hey Calm down guys, i know that y'all very curious about that,
Don't worry buddy i'm understand that maybe one of y'all want to buy BITCOIN at the price that you'd think this is low price and will make you being rich ..
But in my point of views its little wrong. You should doing some analysis not just by thinking that you will being rich if you buy BITCOIN, but i'm happy that you're reading my analysis.
As we can see on my daily timeframe chart analysis, we approaching the strong demand zone..
Why would i'd say that is a strong demand zone? because this strong demand was formed since before the previous BTC's rally on 17 - 20 June 2019 (around $9000 - $9600 price forming this demand zone) , after that on 21 - 27 June 2019 BTC was fly high from $9000 - $9600 (after formed demand zone) to $13920.
Every BTC had entered this demand zone (dump or correction after the rally), it definitely bounced back as you can see on the chart, that was 3 times BTC entered this demand zone and got bounced.
and it seems BTC also forming this triangle pattern prntscr.com (Sorry I don't know how to insert a images in to the chart) um.. i'm more prefer to look at the strong demand zone price action but why not?.
My expect bounce back point from the analysis is around 9600 and target is T1-T5.
Otherwise , IF we breakdown this strong demand zone, the answer is opposite.
Note : This is my personal opinion and it must not be taken as financial advice or guidance to base your actions. It is necessary for you to perform your own research or analysis before you do anything with your money.
Thanks a lot for reading my analysis. Good Luck, Cheers!
BITCOIN - Possible Breakout on Either Direction - Get READY!Welcome back everybody,
Market Trend Caller signalling us a downtrend for today and timer shows no potential reversal for neither direction.
We have shorts around $10,600 by risking above the trendline drawn.
It would be wise for everyone to see which direction we would like to break out. In my opinion, we will see a bullish move for the upside. But, opinions don't matter guys. Trade your SETUPS!
Thanks for the support Megalodons.
I appreciate you all!
Let me know what you think about Bitcoin :) and don't forget to drop a like if you enjoyed the video.
~Bo
Megalodon Trading
Enlightening the modern investors
BTC long setupBTC may head up to 10950 resistance, which is also confluential with the 1.618 fib extension level.
**This chart and information are not investment advice. This chart and information are opinion only and for entertainment/educational purposes only. Please consult a licensed investment advisor before risking any capital as this can create a financial loss**
If you still want to enter a Bitcoin long, you may do it here.Right now I believe it's really best to get a long somewhere and ride price upwards.
If you want to enter, you may place limit orders in the highlighted area. Hopefully 10140 will not be breached and the next few days can all be green.
I'm already long from 9.7k, but will be adding to my position. If you need a stop loss, I might look at a close below 10100.
Just my thoughts right now.
BITCOIN $20,000 PUMP IS HERE?Welcome back everybody,
We are patiently waiting for our first target to be hit. Daily time frame is still looking really good. It should be in everybody's interest to wait for today's candle to be closed before taking any shorting opportunities. The trend also seems to be up trend again. One more update is "$10,000,000" USDT minted at Tether. I believe we are going to see some volatile bullish moves before we close today's candle. It seems like there is not much resistance untill the 38.2% level around $11,177.
Get the Megalodon indicator for free now. Link on tradingview profile.
Thanks for the support Megalodons.
I appreciate you all!
Let me know what you think about Bitcoin :) and don't forget to drop a like if you enjoyed the video.
~Bo
Megalodon Trading
Enlightening the modern investors
Our most powerful tool call the bottom on Bitcoin here.
$10,000,000.00 BITCOIN? F$$K YEAH!Welcome back everybody,
~ Bitcoin Analysis ~
2 things to keep in mind for today's video.
First thing is that, we are leaning towards bullish for today's candle, as we have a green buy signal on the Trend Caller indicator for Longer Term.
We have booked 61.1% profits by buying with green and selling with red.
First support level for bulls at $10,367.63, corresponding with 38.2% fib. retracement level.
We are waiting for the next green buying opportunity, as we are leaning towards bullish for today's candle.
We see a neutral signal on the timer. We should keep having the neutral signal or start seeing a green buy signal on the timer.
We need Bollinger Band Calculator to be below 50% levels.
Second thing is that, we need to wait for this trend line to be broken by closing above $10,534 levels. If we close above, we will buy with any buy signals on the 1 minute time frame on the Megalodon indicator.
Check out our Free Indicator on TradingView.
Thanks for the support Megalodons.
I appreciate you all!
If you are reading this, can you please smash that like button. It really motivates me :) I am looking forward to hearing your opinions on Bitcoin!
~Bo
Megalodon Trading
Enlightening the modern investors
Our most powerful tool call the bottom on Bitcoin here.
Bitcoin UPDATE - Congratulations to you on 10% ProfitsWelcome back everybody,
Here is the trade that we took as shown in the previous video.
This trendline has been broken, so i can also see this trade working away.
Get the Megalodon indicator for free now. Link on tradingview profile.
Thanks for the support Megalodons.
I appreciate you all!
Let me know what you think about Bitcoin :) and don't forget to drop a like if you enjoyed the video.
~Bo
Megalodon Trading
Enlightening the modern investors
Our most powerful tool call the bottom on Bitcoin here.