neutral on btcusdin this chart i want to show how btc breaks resistance and then circulates around it and then it may drop... lets see
BTCEUR trade ideas
high potential PRZPrice has reached to a high potential PRZ which counts as a resistance in current uptrend.
Formation of multiple bearish patterns as well as reaching to a PRZ, a price fall is accepted. Considering the chart's behavior in the past, I would suggest the next target would be 0.618 ab @ 7324.
I would be happy to have your comments.
The Bearish Bat Pattern is completed.Das bärische Fledermaus Muster ist abgeschlossen. Ich würde mich sehr über Ihre Kommentare freuen.
BTCHello
In latest BTC chart we can see that each indication of our Strategy No.2 (either long or short) would make a profit. No cherry picking here, but just worth noting that with proposed RR rules we can make a decent equity curve on our account.
Stay humble and stay safe.
Regards
BTC BULLISH SOON!Btc is into a bullish channel.
Wait for the RSI break to open long positions on the purple zone.
Target: 11000 euros/ 10300 dollars
Are we currently in a huge Bear Flag?I'm a rookie so correct me if i'm wrong, butit is looking like we're in a very big bear flag(30min chart)! we might reach for a top bounce, also is there a such thing as a bear flag fakeout(saying if we were to break out from the top)?
Also its looks like a red storm is brewing on my heat map indicator!
Let me know what you think!
Bearish Reciprocal AB=CDBearish Reciprocal AB=CD is going to be completed after correction of the wave. I would be more than happy to have your comments on my analysis.
Probably re-test previous support lineHello again Wonderful person!
Hope you all have had a great time since last time, and still take it safe even though the lock-downs are easying up (at least in Europe).
It has been some time since my last article due to heavy lifting in my current work, and had no extra energy to spend on the charts.
Very interesting move for BTC the last couple of days, and to be honest, I did not expect this sharp incline and quick break of the upper triangle resistance line.
So now what?
I have included a new indicator on my charts: Commodity Channel Index, and still tweaking its moving average index (so not in the publish chart yet).
My thought is to compare this CCI with the RSI and Stochastic to get a better comparison.
It looks like the indicators are showing some weakness in the momentum, but overall still strong.
I wish I could give you guys and myself a better reasoning, but I think we will re-test the support line: 8500, do a small "dead-cat bounce" and further re-test the support line at 7777.
Also, I am open that BTC might go up a little more before the re-testing, but I am willing to take the risk and rebalance my portfolio and hold more cash to see if I can buy at a better price the next coming month.
Hope you all are still sane in the lock-downs and keep safe, until next time!
Idée court terme BTC -- Chart 30 minIdée court terme, trading de continuation.
AB = CD.
2 creux ascendants présents sur la chart 30 min, en attente du 3 avant une montée vers l'objectif de continuité.
MACD et RSI qui ne présente aucune faiblesse contre cette continuation possible.
Petit HIC... Aucune figure chartiste présente sur la chart là, ni de divergence sur les momentums.
Ratio risk/reward énorme de 14.
En attente du scénario.
[BTC] TO 22k! this June '20--- Please if you find this informative and/or agree with the idea don't forget to give a like. Thank you! ---
After a lot of consideration, this is meant to wake up.
But maybe it's just an early reflection of a downturn. Do not worry because we've been here already.
A lot of profitable things coming either way.
What are your thoughts? Do you really thing this asset will outperform itself in two months with that growing or not?
Thanks for your time.
