Nice opportunity to short BTC/USD down to 23k usd. The resistance level shown at the chart, stoploss a little bit above the resistance. Anyway waiting for couple more retests on 4h
Many of you say 'to the moon', some say 'it will fall to 1k'. Here's my opinion about BTC and all the crypto. There are many ways to draw a channel on BTCUSD log chart. I drew two channels just to show the difference: blue and black. The blue one has a huge potential to go very high, the black on the other hand - to go very low. The moment Bitcoin was invented...
ADA is correlated with BTC and already breaking daily structure. Next support can be found at 0.82 USD, if broken the fast drop will go down to 0.40 USD.
BTC failed to break the 40k lvl and after third bottom retest can easily break down to 22200k. Fib levels align perfectly.
BTC USD could start providing a correction now, so trade with minimum risks can be opened.
ADA as well as BTC is trying to test double bottom, and it is a great opportunity to grab some coins on the bottom. 1.278 USDT seems a good entry point with a stoploss a little below 0.786 fib. Take profit at 1.69
BTC is currently testing double bottom which might be at around 33444 area or lower, after which it should reject up to 49500 USD
Nice shorting opportunity for BTCUSD, the trade can be triggered at test of resistance at around 59500 USD. Stoploss and take profit as shown on the chart.
Doge/BTC didn't provide last massive move to the upside, which will definitely follow by a huge drop.
Bounce off the bottom of the triangle will resume with at least 0.618 correction, up to 0.5 correction.
Perfect place for starting a short for BTC/USD is around 38800. We should break the triangle DOWNWARDS until 21 Jan. Target #1 at around 26400 Target #2 at around 24000
BTCUSD will NOT make any correction lower than 28k until 46k target is reached. Shorters will be punished.
Ripple potential dip (short term drop) down to 33.3 or even 25.7
BTC is in bullish long term trend at the moment and just tested an all time high resistance, which followed by a back up to the last point of support.
The longest downtrend seems to be turning upwards, slowly forming a cup inside another cup will be managed to hit over $20k in the second part of May 2018, going up to $45k - $50k with significant correction down back to $23k. In July 2018 news will massively 'bury' the bitcoin 1.36% once again, after what it goes up significantly making up to x5 from the lowest...