Bitcoin Indepth Technical Analysis on weekly, daily and 4 hour chart. Bollinger bands Trendlines MacD RSI - note above 70 rsi is overbought - below 30 is oversold
Technical analysis bitcoin euro. elliot waves - when is correction due? Oversold from 6h time frames and on the lower time frames
BTCEUR Elliot waves analysis 2 scenarios presented.
BTCEUR update!
Possible short play right now on the correction of 1 EW. Remember tight stop loss / risk management if this is a play for you as a trader. Not a buy/long positions plays right now as I see it.
Hi traders, An update. We now reached last target of 5775, and next target is between 4500 - 4700 euro. It corresponds to the golden pocket and is the fib area of 0.618 and 0.65. We might even get lower then these levels, but I think we'll make a stop at these levels. It has been a turmoil last weeks and days, so please be safe placing your trades - or stay out...
Hi traders, Hope you're feeling great, even though btc is going down right now. Remember it's not forever and that we will hit a point of return at a lower price level, and hopefully break the bearish trend/correction of ATH. Right now, next target is approx EUR 5775. If you'd like an overview of the situation of bitcoin as I see it, please see my post on BTC...
Hi everyone, Moving Average Analysis We see that on the daily chart, the 50 day moving average has crossed the 200 day moving average today. The day is not closed yet, but so far we see the crossing. This is called the Death Cross, and is NOT something we see often in the history of Bitcoin. Generally facing a Death Cross, we are heading for a down trend or a...
Hi, Update of Bitcoin EUR Eagle perspective, and where btc can correct to. It is a possibility, that the impulse going on right now is a Bull Trap. Based on this Elliot Wave count, we can go all the way down to 4700 euro and 2800 euro and then start the overall uptrend. The 50 EMA is just about to cross over the 200 EMA, and are called a Death Cross, and...
Hi Traders, I'm looking on Bitcoin in a larger perspective - would love some input and thoughts about it from other traders, so please comment. If I take the larger count of Elliot Waves, I get this chart as you can see. In this scenario, the C ends up being a bit trunkaded. (I'm no expert in EW!) But reading the impulse waves up, I see that the 5th wave was...
Hi all, Here's a quick update on the BTC EUR on a 4 hour chart. Still leaning a little bearish personally, but let's see what happens. If this really was the turn-around point for btc or not. I am very cautious at this point with my tradings, and are waiting for some solid confirmation of direction of the market. Happy trading to all
And when the Bulls, come running in, and when the Bulls come running in.. Finally some bullis action.. Here is some scenario's and possibilities, looking at a 30 min chart. Let's look out for follow through bull action, and building of momentum. No rush in trading ;) always new possibilities. This is not financial advice. Trade at your own risk ;)
Hi guys, It looks soo bearish right now. Anyone know how many bearish flags going down is normal? LOL Really, I'd like to know :) Possible to - at least very short term - to play short positions with tight stop loss orders. Again, not finacial advice, just my own ideas I'm sharing - they are not to be taken as signals to buy or sell. Remember to make your own...
Cleaned up my chart a bit ;) Here are my thoughts and technical analysis on BTCEUR on a 4 h chart. I find two possible endings of the C wave, and possible reversal points right now - see chart. If the Major Support trendline is broken with conviction, we might see that the bearish momentum continues to push the market to lower lows.. Not financial advice, sell...