Is the Bitcoin (BTCUSD) chart changing?
Have we gone from bullish to bearish short-term after we hit 3 targets for our last BTCUSD trade?
Let's take a look...
Feel free to hit like if you want to now show your support.
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On the chart above we have the 'UPPER TRENDLINE' and 'LOWER TRENDLINE'... This is the range in which Bitcoin is trading right now....
Our next target remains at $11,150 - $11,300 based on my previous analysis, which is playing it nice.
Right now we are seeing a strong bounce for Bitcoin (XBTUSD) after hitting EMA10. We can see good volume and momentum building up.
Above EMA10 we aim for our next target at $11k+. If Bitcoin moves lower, we look again for $10,500 (EMA10), followed by $10,100 -...
Hi all!!
Good day! In my previous post , I posted a possible Short opportunity in bitcoin.
Any professional trader should have two scenarios to watch: both Bullish and Bearish.
So, here's is my alternative scenario which is bullish. And I'm sticking to the same target where I mentioned in my previous posts .
Find the Sell Target, Sell Zone and the Stop Loss...
MFT Mainframe looks completely prepared to take off, currently the only low satoshi altcoin which has not pumped yet. by looking at charts its clear that bottom has formed, you're getting bullish divergence and its getting accumulated from last few days. from here i was expecting the first wave to hit upto 65 sat or higher, and then a deep correction of wave 2...
hello guys, now this is what everyone is waiting from months, that when Bitcoin will enter in next bull market? and i think that now finally we've got our answers. now we could say with 80% probablity that we're now beginning with the next major bull market. as i've told in my previous analysis that 6000-6450 is the major level of resistance we need to break and...
finally we broke the 6000 barrier, now things get critical from here, as i said before 6000-6450 is the major resistance zone we need to break and hold for the next major bull market, usually prices falls back and retests the support levels, which in this case are around 4200 and 3200. fun fact is that despite of having negative divergence as shown by RSI bulls...
In 2018, John McAfee put his prediction for bitcoin $500,000. I just made the path. how it will go to john mcafee $500,000.
Not a investment advice but it will happy to Bitcoin longterm hodlers. May be in 2028 bitcoin will become Global Money as an Assets.
First you should focus on $100,000. $100,000 Path link below.
happy Holding, Hodlers
There is a neckline of irregular head & shoulders of the daily scale.
The place is 6000.
daily
Looking at daily, the raise after the neckline 6000 touch is not strong.
It retries again to 6000, and if it fails it is long trader dominance, but if it reaches around 6000.0 it is considered to be a short continuation.
Most recently, MPP (P) 6641.8 is not...
The price reached $ 8,438 or 38% Fibo. Possible slight corrective drops. Support at $ 7,506 must withstand the pressure of supply so that the gains are still in play.
As you can see, we have already been through a similar fall int he past from $11,500 all the way down to $8,800. To those of you who think BTC is dying, please remember that everyone thought Bitcoin was dying during this time too, that's why they sold.
Closely watching Bitcoin in 15 Min chart to see how it breaks the pattern bearish or bullish.
My expectation is it will be bullish break out, what are your expectations guys? Comment below.
In 4H chart Bitcoin is following currently a falling wedge pattern.
The yellow line is the major support line, I hope it wont break that and it would retrace and start an uptrend soon. Fingers crossed though!
Reasons for BTC downtrend could be?
1. Chinese NEW Year
2. Facebook banning all the ICOs and Bitcoin ads (Though it wont have larger impact but it is...
For better understanding I have marked resistance lines in Blue color while the Support lines in Yellow color.
Currently we need to see how the resistance and support holds
My expectation is if it created double top then it has to break the Support line.
Please find the updated chart analysis of Bitcoin, I am still bearish on bitcoin until the CME futures expiry on 26th Jan.
Lets see how BTC wants to break out bullish or bearish.
But considering the Total Market Cap and Bitcoin dominance I dont see any huge volume for Bitcoin to be bullish.
PS: I am not your financial advisor and these analysis is only for...
Though Bitcoin broke out in 15 Min chart its not a strong break out!
Should wait and see how it behaves, as CME contract expires on 26th many are expecting bitcoin to be bearish.
