BTCEUR trade ideas
Bitcoin Volatility incoming BTCThere are a lot of parameters they call BTC for moving faster in one of my painted Boxes... so let the Magic begin !
#BTCEUR: Probably #uptrendAs you can see in my chart, we can find this elliott count in the highlighted rectangle. Thuis can be confirmed also by the head & shoulders in the bottom and, at the probably end of the count, we have a maximum. let's see!!
Batman head and shoulders, be wary!Ha, well after my last prediction there was an immediate jump instead of a drop but there was some correlation with my idea until we had the Coinbase dump, lots of build up for an anticlimax, engineered that way? perhaps!
Well, for a laugh, here is a Batman head and Shoulders, my feeling is this support line is going to tease us, shall we see how radical this theory is, you got to admit it does look like batman. Happy trading people.
Not financial advise btw :) Just having some fun.
BTCEUR short If price breaks weekly vwap further short to levels on chart.. Good ceiling on the daily vwap. If this pair listens to the bear divergence were good.
Professional forecasts are bullish so it's a stubborn risk.. Good luck..
Its just an idea :) In this chart i recognise a patter rising wedge so i will stick to my opinion of shorting bitcoin! Maybe we can expect one more swing up but i think that is all :) Bitcoin in is war zone RSI and BSI shows nothing abnormal but i think can come to oversold.. moving average also show weak direction.. for me its bearish pattern in bull run.. i expect that circle to continue till summer.. :) what i will do? i will short my bitcoin to buy BCH cause BCH its cheaper and had a lot of room to grow :) some bitcoins i will hold of course :)
Bitcoin still holding on a supportline.Bitcoin still holding the blue line.
If it breaks we go down !
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Bull flag for bitcoinBull flag for bitcoin
Price target : 50265 level
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Bitcoin shall retest the 39000 line.Bitcoin shall retest the 39000 line.
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BTC resuming mid/long term bullish trendNot even Bitcoin can go up in straight line.
Resuming Main Bull trend after healthy correction.
Keep safe
BTC resuming mid/long term bullish trendNot even Bitcoin can go up in straight line.
Nice correction was needed.
Broke bearish rising wedge pattern and completed the projected and healthy correction to resume the Bull trend.
If it´s not enough and i´m partially wrong, maybe more downside ABC pattern to previous supports (35500€/43000$) and resuming the Bull trend anyway.
Keep safe and healthy.
Hash ribbon shows a capitulation signal for bitcoin. Hash ribbon shows a capitulation signal for bitcoin.
After the capitulation signal we shall have a buy signal for bitcoin.
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[UPDATE BITCOIN] BTC maybe stops at 39k€ for the VPVR! Then pumpQuick update. If BTC does not stop at that 39k euro target, the next targets are the ones I explained in the previous update.
BTW, we have fully reset the RSI on the daily. That is sooo goood.
I confirm 84k euro (100k dollars) at least for the first week of June.
Third opinion where bitcoin can go down :Third opinion where bitcoin can go down :
Fibonacci level : 0.382 target : 34824
Fibonacci level : 0.5 target : 28802
Fibonacci level : 0.618 target : 22780
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Second opinion that bitcoin can go down to.Target that bitcoin can go down.
To the moving average 21 on the weekly timechart.
Target : 35789
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The level that bitcoin can go downMaybe bitcoin go down to the Fibonacci level : 0.618 or the 0.65 level.
Target : 35351 or 34310
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Horizontale triangle for bitcoinHorizontale triangle
Break out to the downside : 38257
Break out to the upside : 45113
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Take a deep breath!Hello beautiful person!
Hope you had a great weekend even through this harsh weather in Crypto.
There is much FUD (Fear, Uncertainty and Doubt) even though we have still an amazing run upwards from just January.
I know that the 2017 sentiment is still strong and everyone is looking for a potential bear market like we saw back then.
This time might be different, it might not be.
We are in a very volatile period with the pandemic and printing of money and Stock market bubble and just unrest amongst many.
This will impact Crypto one way or another regardless on how strong the fundamentals are on Bitcoin.
Just want to stress that do over extend your investment, meaning: "invest with money you have, and are OK with losing".
Please be careful to the notion and feeling of trying to take back the loss you have endured so far, that is a slippery slope.
Stay safe out there, and do not panic!
[UPDATE BITCOIN] BTC to 35k euro in the weekend and then pumpQuick update:
The fib retracement at 0,38 is telling us we can go down until 35k euro. At that point, the new pump cicle can start. Let's see.
BITCOIN - 90K/100K within the 10th of June (and then......CRAZY)Here an obvious BTC fib analysis with exponential growth and increasing weekly returns for the end of the bull.
Notes:
- Check that red line that crosses the price line multiple times starting from March 2020!
- Check the fib levels! WOW
- The prices are in EURO
- Pay attention to the timeframe!
