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Xbtusdlong

Bitcoin has a buliish divergence on weekly chart!!!I see bullish divergence at macd histogram and rsi on weekly chart. I expect a bullish move to 8157 price level and if breakout comes from channel (8157 price level), we can see bullish move to 9244, 10339, 11042, 12318, 12935. If price decline the yellow line resistance (8157 price level) , we can see downwards move to 6400 and 5560. If you have different ideas, please share your ideas with us below comment section. Have a nice day, Berk.
BITMEX:BTCUSD.PLong
by Mr_Berk
Next stop 7800?BTC Update I was talking to you on Saturday about a possible wedge figure of downward enlargement and a potential partial rotation after a slight correction. Bitcoin will finally have been able to hold its support zone between 7221 and 7275 and is currently trading around 7500 after breaking the wedge structure. The technical situation remains rather positive on a daily and 4h horizon even if the indicators are starting to approach their overbought zone. On a shorter time horizon, 1h, we can distinguish the presence of a bearish divergence between the MACD and prices. A correction after this bullish wave is therefore not impossible and Bitcoin could come back to test the 7275 again before rebounding. If the BTC breaks its resistance before retesting support, then the 7800 will be the next logical target.
BITMEX:BTCUSD.P
by ArnJuDQ
2
XBTUSD buy on 5HPlan : trendline breakout --> wait for prices to bounce off trendline support --> wait for the rejection candle pattern to form e.g. bullish engulfing , pinbar etc --> BUY **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. Traders!! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together. _____________________________________________________________________________________________________________________ Thank you for your support ;) GWBFX
BITMEX:BTCUSD.PLong
by GWBFX
RACEACEACE BTCUSD BITCOIN LOWER T.F + HIGHER T.F CHOP/DUMPWOW choppy waters eh? Here is my lower time frame + higher time frame update for TODAY. Right now, I think all trades should be scalps on the 1 minute time frame or lower t.f. Here is my hypothesis for BTC: 1. Friday December 13 will be a significantly bad day for BTC and will be good for a short trade. 2. Sunday December 15 will be a significantly good day for BTC as it will begin its recovery for a significant move up. This will be good for a long trade. Next, let’s get to the charts! 1. Main Chart (4hr Gann Fan Chart) The price has fallen off of the Gann fan from the pivot low of 7093. The price now has potential to make a pivot here and push up. The next resistance would be 7300, followed by 7500. However, a failure to move up from here would send it down: The nearest significant support is the red circled area which is at around 7000. The price can potentially put in a small bounce there, but I don’t believe it will be anything significant that goes above 7200. A break below 7000, will send it lower to the line circled in purple (this line is currently at 6900). This line is very important because it is the 8/1 Gann fan line from the pivot low of 6550ish. Once testing this line, the price may put in a bounce back up to 7400. However, a BREAK of this purple circled 8/1 line will send the price lower to 6500. Let’s leave it at that and take this one step at a time. Up until now, I have been incredibly accurate in anticipating + trading the possibilities. Let’s keep at it. 2. Lower T.F move (for 1 minute chart scalp trades) This is for TODAY'S 1 minute chart scalps: Support established at 7262 = long Support of 7211 broken and proven as resistance = short Today's daily range = 7262-7211 (Chop Zone) PLEASE SEE 1 MINUTE SCALP CHART S/R POINTS ONCE AGAIN: 7232 IS A HEAVY CHOP ZONE: TRADERS BEWARE!!!!!!!!!!!!!!!! 1 MINUTE SCALP SHORT TRADES ARE THE BEST TRADES TO TAKE IN THIS MARKET! TAKE PROFIT WHEN YOU SEE IT! TAKE PROFIT! TAKE PROFIT! TAKE PROFIT! 3. Super Large Time-Frame (Fractal Chart): I still believe that my fractal play chart is in play. If you haven’t been following me, here’s what that is: This fractal is still in play. I believe that BTC is likely to go down to make a double bottom / a near double bottom / a new slightly lower pivot low. A move down to 6500 before moving up towards 9000-9500. I obtained this fractal through using a unique S/R system that I have independently developed. Instead of focusing on the price, please pay attention to the S/R levels being hit. ignore anything over 10500 - in my analysis that's what I do as I believe that it is just NOISE. Yes, everyone wants to talk about bear / bull, I do not think the market will instantly dump to 3k - if it is going down there (which I believe is likely) - it will happen in stages. Until this play gets invalidated, I believe it is next. Whenever the price falls below the Blue 1/1 of the Gann Fan from the pivot low, it is less bullish . Once it is below the red 2/1 of the Gann Fan , longs are extremely risky. If the price were to make a higher low in the 6k's, it would be below the blue 1/1 of the current pivot low at 6524ish. Here is a recap of my previous idea: "I use a lot of numerology in my technical analysis . I use a unique S/R system, which leads me to believe BTC will dip back down to the 6k region before a potential move up to 9k. If you look at the chart in which I have included the fractal moving up to 9K, compare it to the pattern from May 2018 which I have circled on the left. Ignore the price, but pay attention to the S/R levels crossed. This fractal is currently playing out on the lower TF." + I BELIEVE THAT ALL PRICE ACTION IN THE HISTORY OF BTC THAT IS ABOVE 10500 IS JUST NOISE AND SHOULD BE IGNORED!!!!!!!!!!!!!!!!! 4. Lastly, CELEBRATION: I have launched my Ace Pro Short Indicator + Ace Pro Long Indicator (viewable on my Published Scripts page). Everyone in my Discord is killing it!!!!!!!!!!!!!!!!!!!!!!!!!! I'M SO PROUD OF THEM!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! Stay safe and let's kill it!!!!!!!!!!!!!!
COINBASE:BTCUSDShort
by DealerBTC
BITCOIN BTC Bullish Crossover EVERYONE Is Overlooking!While many continue to focus on Bitcoin’s price, its network has set a new record in its hourly USD transaction volume for the first time in history, the network processed a total of $8.9 billion in on-chain transactions in a single hour on Dec 4th. In the last two years, Bitcoin’s daily transaction volumes have seen massive growth, increasing from a mere $200 million in 2017 to more than $1 billion at the beginning of this year. Not only is there increased transaction volume, but the transaction fees on the bitcoin network remain impressively low partly due to lightning network adoption amongst major exchanges which helps avoid network clogging. BAKKT real BTC futures continue to see new records while traditional markets begin to see an overstretched bull run, things are looking good for storage of value hedges such as Gold and BTC in 2020. An eye-catching 11 million Bitcoins haven’t been moved over the past year, hinting that holders were not ready to sell at 2019’s bottom nor at its highs which only brings the value higher as demand increases. Bitcoin is a peer-to-peer network, and its strength ultimately derives from its users. In a parallel financial system, Bitcoin is proving to be a highly resilient form of money while other currencies and economies see more uncertainty than ever before with world powers in trade wars along with the separation of massive unions. Generally, when the economy is in a contracting phase, the central bank acts as the lender of last resort. The institution steps in to save banks from falling behind in meeting their debt obligations. Drawing a comparison to Bitcoin as a financial system, when its price starts dropping, buyers disappear and the selling activity accelerates as investors panic sell. When the negative feedback loop of a crisis of confidence occurs, there are two groups that contribute to a reversal of sentiment – holders of last resort and buyers of last resort. The buyers of last resort will be critical to stop the prices from falling and break the negative cycle. At what price level buyers start stepping in is unknown, but judging on past cycles Bitcoin has proven to be extremely resilient with every cycle more users joining the group of last resort holders. It has been seen that the US Federal Reserve is not shy to print billions of dollars in a day. Still, the current economy and the business of money printing is actually showing just how outdated this is as a form of payment. Cash, although a staple of money and payment for hundreds of years, was never going to be the final solution. The world has witnessed the evolution of money in the past few hundred years, and it appears as if the next revolution is upon us. BITSTAMP:BTCUSD COINBASE:BTCUSD For daily updates join our discord. If you agree then LIKE this post, but if you disagree then I'd love to hear your thoughts in the comments.
BITSTAMP:BTCUSDLong
by TradersProfitClub
59
#XBT - BTC [BITMEX] SHORT & LONG Hi all ! When we look at the XBT chart for a SHORT TERM. trade we saw SELL pressure around $95xx'ish ! And we can say we gonna see same pressure till next Supply-Demand zone ( It's around $84xx-85xx'ish) ! Because of that; we are keeping our SHORT position till that zone ( $84xx-85xx'ish). When we touch our target we gonna back to the LONG position for LONG term. Our target will be between $12.3-13.5k! Thats the our Trade Plan for XBT, For SHORT term And LONG term. P.S.: PLS DYOR! If you've any idea or analysis for XBT you can share with us at the comment side! Don't forget touch the LIKE button! Thanks!
BITMEX:XBT
by Binansman