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The Spring is tightening, but which way it will unfold?Hi, Traders ! Monfex is at your service ! What is going on with Bitcoin so far ? * The battle between bulls and bears around $8,000 is not calming down, and the spring really becomes clenched. * The price has temporarily stopped by the middle of 1D descending channel signalling that market participants took a break in order to determine a further direction. * On 1H price made a second attempt to break above a minor resistance at $8,250, but yet unsuccessfully. * There is an obvious Volume accumulation area around $8,000, which still stands out in favor of bulls. * The further development of the situation is rather ambiguous and depends on the strength of bulls and mainly the state of the Bull exhaustion. What should we do ? Be ready for both scenario: * You can try a speculative trade from around $8,000 with a target at around $8,500. Tight stop-losses (about 100 b.p.) should be used. * Should the price start confidently breaking below $8,000, be prepared to swiftly reverse your position to a Short with a juicy target in the area of $5,000. Watch for our Updates to get real-time superior signals ! GOOD LUCK AND LOTS OF PROFITS !! Disclaimer This report is for information purposes only and should not be considered a solicitation to buy or sell any cryptocurrency or cryptocurrency product. Monfex accepts no responsibility for any consequences resulting from the use of this material. Any person acting on this trade idea does so entirely at their own risk.
by Monfex
3
BTC Price Future and Gann Fan End Game: ACCURATE!I'm laughing, but this ain't no joke, fool. We all know why April 1, 2019 is considered a significant date in our crypto-world (nudge, nudge, wink wink). I decided to conjure magical ratios to prognosticate future outcomes of BTC based on the triangularly logical patterns developing since April 1 to the cosmically significant day of August 20, 2019. Of course, the 'standard' Gregorian time measurement contraption that your declining society applies with its arbitrary and silly mechanics does not record days of galactic activation, but for now I'll use it, so your powerful brain which for some reason has limited its perspective in how it 'calendarizes' time, can at least peg your location, because you are at least subconciously aware of the fact that your place in the universe matters. Fibonacci Time Zones were used to 'peg' the triangles. As you can see on the first chart, if you would have purchased a bitcoin on April 1 and sold: 1. at Fibonacci Time Zone 1, 2. at Gann zone 1/2 line, 3. on June 26, your return would have been a remarkable 204%. Good job if you did this! When the Gann fan was turned on. It blew the triangles into the electric ether of our noosphere. Numbers then organized and downloaded accordingly to cosmic dates converted best as they could onto the woefully askewed future dates of the Gregorian. Let's say that if you placed a trade on August 20, 2019 when the price was $10,176.13, these are your exact future price outcomes/percentage gains: September 20, 2019 (30 Days - Fibonacci Time 2) High: 21,2333.59/(109.33%) Mid: 12,664.32/(24.45%) Low: 8,345.41/(-17.99%) December 15, 2019 (115 Days - Fibonacci Time Zone 3) High: 29,871.42/(193.54%) Mid: 16,983.23/(66.89%) Low: 10,607.69/(4.24%) June 4, 2020 (288 Days - Fibonacci Time Zone 5) High: 47,147.08 (363.31%) Mid: 25,758.17 (153.12%) Low: 14,926.61 (46.68%) And so it goes... By the way fool, this is totally accurate financial advice, so give me all your Dogecoin. Love/Respect/Giggles P.S. In my world, it always seems to be April 1. Or February 2.
Long
by UnknownUnicorn5219320
Adjusted Prediction for BTC (more bullockishness than before)Who am I to make such predictions? Nobody. Just a molecule of the collective intelligence gathered in this tiny galactic location. I was in a bad (and weird) mood last week, but this week they must've loaded up the chem trails with happy protons, because I cannot explain the random ebullience I am feeling. The triangles have been adjusted from last week to represent a bit more bullish future predilection. This thing, this bit of coins, this amazing digital piece of cryptic 1's and 0's, that for some reason in my mercurial mind has more future value than gold, will triple by mid January for its new ATH. In between that time, all the good traders will be a scalpin', and QFL'n, and Trendin', and the biggy's will be a manipulatin', and some will win and some will win less because this game is not zero sum; it is zero to one. It's clearly a win, and a win, and an exponentially cosmic win in the long term. The only losers will be those still beholden to debt and fiat which is a negative sum game on the wrong side for most of the people most of the time. It's never too late to start winning. Love/Respect
Long
by UnknownUnicorn5219320
#Bitcoin Price Prediction ( Daily Update 22/8/2019) Good morning dears bulls & bears this is our daily update for btc , Please read these details we mentioned below this chart carefully. Thank you for your support. What the Different between the expectations and trade with market movement?! Expectation means the feeling or belief that something will or should happen !! In the market, you read chart and from the time frame, movement, cycles, etc, you extract expect for something will happen in further, this not means you have crystal balls of course not, It's just a conclusion from the current movement of what will happen in the future and with that you set marks and limits support what your prediction if movement achieve it you keep your prediction active until price do opposite what you looking for During this moves, you trade with movement and synced your mind with it and that what we doing from $13750 we set as a critical resistance with analysis for drop from it then we set a retracement plan , from $13750 to $9100 we were trading with movement and price was following our plan very well, then from $9100 to $11500/12500 we kept trading movement and with that kept our retracement plan, then from $12500 to $9500 once again , time to continue our plan but btc show price action from $9500 we traded it until $10950 and this was the last update for us about bounce from $10950 (prntscr.com) then btc dips again to $9750 So during this whole movement, we kept our retracement plan active with updates for limits, and the most important thing we synced movement and traded it as we did in end 2017/ and during the whole year 2018 from $19200/15500/12200 called drop to 4500/3600 many times but with that, we were trading with market movement !! until calling rebound and open our signals from $3150/3200/3350/3750/4040 We hope you know now what the difference between the expectations and trade with market movement!! everything we mentioned here already posted on TV you can review them closely. Current movement!! Daily Frame Shows H&S Pattern Symmetrical Triangle Price moves above Lower Trend line Next Hours is very important for btc Breakdown $9100 = selloff and that what we looking for Show a reversal candle with rebound will help bulls to dominate again!! in the end, the market movement will decide everything during that we try to extract buy and sell levels by using TA Current Action: we already setup scalping from $9960/9750 with Risk 2% as a trading for current movement due to this stability above $9750 !! TP1 Achieved during writing this update But after all our view still remain, as long as bears keep btc moves below $10950 Daily in short term In midterm as long as btc moves below 13750 daily/ weekly Ps: Since 15 Aug we set 7 Days for breakdown $9100 time up and BTC move above $9100 ( This time prediction fails) as we mentioned good results we can`t skip false one. $9100 still strong support, yeah we expect breakdown it this time, but if bulls hold again and show another rebound from it, Allah willing we will try to sync it and trade with movement as we doing always. Here is a list for most important resistant support levels for btc for the current range between $5500/19500: Resistances levels 10350/10550 (Local resistance) 4h TF $11150/10950 (Mirror levels) $12000-12500 Daily resistance ( Psychological resistance) $13500/14200 weekly resistance ( breakout weekly confirm more growth ) $16150/19500 Monthly resistance ( Very strong, Fomo levels) Support levels $9500/9100 Daily support ( Breakdown daily = selloff) $7400/6600 ( Strong support Reversal zone) $5500 ( Strong weekly support, Psychological level of the market) Ps: This update for short/ mid-term movement between $5500/13500 to avoid confusion Also, during this movement between $13750/9000, we shared many signals for movement and traded it, as you know we trade only long positions without leverage, so even if we expect dump, we keep trading with the market movement! Ps: we don`t short btc but we analysis bullish and bearish movement to extract the best long entry levels for btc !! also we don`t use leverage in our signals never!! About long term: About our prediction Since breakout $5500?! ( Long Term) Btc moving in a critical range, the whole movement can be a trap or real recovery, but as we said before close above $7500 means btc takes first recovery step, but to confirm more bullish steps, btc still need to move, so putting prediction, with current movement!! it's like gambling, But anyway as long as btc hold above $5500 Monthly we expect more growth for btc and the bullish view will confirm by breaking $13500 monthly (was 11500 we changed it to 13500) due this bad performance on monthly frame After all, you need to know The expectation does not mean imposing what you want on a fait accompli, It's just a conclusion from the current movement of what will happen in the future and not necessarily mean the success of that conclusion, anyway..., the reality and what happens, is the movement on which we sell and buy based on it, not the expectation, so we trade and care about movement more than expectation!! but if btc follow what we expect this will be nice, but if fail to do that we care about movement and how to trade it no more. Our analysis contains two types of updates: 1-short term updates In these updates, we talk about current movement with support and resistance for it and conditions to complete the main trend like this update about movement between $$11500 $13750 2- Mid&Long term updates In these updates, we talk about the main trend and major support and resistance and best buy zones for trend, and retracement levels and ATH targets also we add perdition for the next movement To avoid confusion As a daily trader, you should care about short term updates only As an investor, u should be looking for Mid&long term updates For us as analysts, we care about these two types due to all of them running into one cycle!! Good luck to all. The Wild Crypto™, We ask Allah reconcile and repay
by HamadaMark
6
BTC Short-Term Outcome BTC Looks to be hugging the red ichimoku cloud bottom and on a downward channel trend. If a bullish engulfing candle into the red cloud occurs, set stop loss to slightly below the cloud bottom, and enter a long with a target of the top of the red cloud, or slightly below it. If there is no strong cloud entry, and a breakdown happens of 10350 (teal), look to the support levels of the fib retrace, particularly 10077 or so (pale green squared line) and the breakdown of the arc as confirmations of a downtrend.
by bgeraghty
2
Biktcoin: More or Less Forseeable Personal PredictionWho am I to make such predictions? Nobody really... I'm just a negative ion riding crypto waves in an open sea of positive profits and energy. I see things. I pick up on signals. Many others feel the same signals. Some would categorize it as noise, perhaps they are right because technically it's all noise, but it's the noise that resonates on my frequency. That's the noise to which I listen. Are you diggin' my vibes? And my triangles? I will win a contest at the elementary school I attend for the most radical and colorful and accurate chart ever! I do believe that about mid-January, BTC will be witnessing another ATH, mostly because many more people will recognize it is an immutable store of value, in essence replacing gold. It's use as a currency to me seems limited, and won't be implemented for the main reason that nobody in their right mind would spend it. If you had a 10 kilogram ingot of gold, would you spend it on gum and a couple of books on Amazon? Would you spend BTC on something like that? (Side note: About 4 years ago I was buying mushroom spores with BTC. Oh man... I wish I could have that back. Or maybe not, those spores grew into some of the most amazing fungi I have ever seen. And experienced.) BTC, like gold, will be used as a store of value, as a safe fiat flight haven for wealth, and as a standard of value for all other alt coins, of which a few are actually not at all shit. Bitcoin: The new gold! In new and improved digital crypto! When transactions occur with BTC they will be larger, sometimes immense. Take for example the $485,000,000 transfer that took place a couple of weeks ago. Once the majority of the people recognize this, and realize how much easier it is to accumulate and store BTC than gold, and that basically with BTC you'll have a timeline compression of exponentially incredible growth within 30-50 years (of which we are 10 years into since 2009) of the growth of gold which took about 6-10,000 years to be a standard of wealth. Bitcoin is the new standard, and is ushering a new golden age of economic prosperity and world peace. Reliable sources of information about Bitcoin: If you haven't read it yet, do so now, "The Bitcoin Standard" by S. Ammous, well researched and well written; a great podcast is Bitcoin Knowledge hosted by Trace Meyer; and whenever you can listen to Erik Voorhees, do so. During the holidays in the United States, the biggest topic of conversation outside of Aunt Sally's gender confusion, will be BTC, and more Americans than ever will be (again) exposed to it by their economically knowledgeable tech savvy relatives who will undoubtedly help open a Coinbase or other centralized exchange account to ease them into the crypto world of investing. Most of the new people will probably be HODLR's, which is still the best investment/trading philosophy as HODLR's have a daily average of .33%. It will be a nice pump come January 2020, especially also when by that time there will be a good chance of a 2008 economic meltdown scenario. It's inevitable. Might even happen sooner. Who knows when exactly? But we all know it will happen, an inevitable (predictable?) Black Swan event. You can't print fake money forever that's not even backed by faith and trust anymore, only debt. Fiat is clearly doomed. Bitcoin isn't disruption. It is dynamite. And of course, institutional trading will be in full effect y'all. Fidelity and TD Waterhouse will bring how much volume by then? In the shorter to mid term though, I'll be catching those sub-support dips and the alt spring in the fall of '19. Don't call me Nostradamus. Call me Negative Ion. See you on those waves! Love/Respect
Long
by UnknownUnicorn5219320
1