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Bitcoin-btcusd

$MITH looks finally bottomed and ready for a new rallylooks like $MITH has finally bottomed out and started to getting strength for higher moves. Mithril is one of the top Taiwanese projects listed on top exchanges with a healthy volume and liquidity, team is also active and working continuously developing the project. Despite all of this facts prices of $MITH has seen a dramatic fall from almost 9 months, where it traveled all the way from 11000 sat to 475 sat. current market cap of Mithril is around 20 mill with 188th rank and listed on top volume exchanges like Binance, OKEX, Bithumb or LBank, prices can easily pump by huge whales to accumulate Bitcoin, but this also a great opportunity to grab a good project for long term with highly undervalued prices, but in short term am expecting 50-60% profits. you can buy on current market price 500-520 sat target 1 - 570 sat target 2 - 620 sat target 3 - +800 sat stop loss - 470 sat
MLong
by Husain_Arkghazi
Beginning of a new Bull market in Bitcoinhello 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 hold, and bulls successfully broke that level with the extended fifth wave and also protected and succeed to keep pushing prices going higher from last 3 days. from here i think bitcoin gets consolidated till the end of Consensus 2019. i've said previously that most likely we're currently in wave 4, but this perspective completely changed when we break 6450 barrier, now i see this as the start of a major bull market, and most likely we've just completed the wave 1 of this cycle and wave 2 could have already started. now going to the second part of this picture, most likely we'll now enter in a corrective wave, which will be a zigzag correction, now the major resistance zone will be the first support level for wave A, which in this case could be between 6000-6450, most likely 6000, after that wave B will not have enough intensity to stop bears and won't last longer, than for the final wave C we have 3 targets, fib5 around 5300, fib618 around 4800 (this one could be the most like bottom for abc corrective wave, or you could say second best opportunity to buy bitcoin, coz normally wave 2 retraces from 50% to 61.8% of wave 1, but it can also go lower than that), and third major support is around 4200 which are also previous highs, somehow if we also break this 4200 level than 3200 is the next target for bitcoin. although nothing is impossible, so we have to expect best but should be also prepared for the worse, so if somehow wave 2 breaks 3200 level, which has now very low probablity, than this complete analysis will be proven false, and you already know what will happen after that, new lows for Bitcoin. but hey, don't worry, you must enjoy the trend for now, this whole process of corrective wave 2 could upto 2-3 months, for now i won't recommend you to move in stable coins, this looks great time for alts to recover their prices, most likely in coming days almost every alt could pump upto 50-100%, so only if you just have patience to hold some good coins you can make some decent profits by just doing nothing. I hope this above analysis will help you and you'll make some good profits with it, for alt signal calls join my telegram channel CoinGuru or follow me on twitter thanks for reading, this is Husain Zabir signing out.
BITFINEX:BTCUSDShort
by Husain_Arkghazi
6000 finally!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 have succeed to keep prices going higher. finally its still not the time to sell your home and jump all in Bitcoin, there's still lots of fear and uncertainty by looking at the charts, we are still due for a correction.
BITMEX:XBTShort
by Husain_Arkghazi
1
Brace for the Impacthey guys, sentiments towards Bitcoin are really getting crazy now and this level looks perfect entry for bears to dump Bitcoin. as you see in smaller time frames prices are getting rejected again and again from 5750-6450 level, this is the major territory for bulls and bears. another bull market for Bitcoin can only be confirm if we break 6450 level and hold it for atleast 2-3 days, and if prices gets rejected from this zone and stays below 5750 than next support level are previous highs 4200, although 4800-5000 is also a major level but probablity of holding this level is low, as we're about to already move in larger wave 5. usually wave 5 goes below the low of wave 3 which in this case is around 3200, but wave 5 could also get truncated ( a situation where wave 5 ends below the low or top of wave 3), so we could expect the end of this bear market at 4200 or 3200 level, somehow if we break both of this levels than situations will get worse than ever. at higher degree most likely we're currently in wave c which is continuing from jan 2018 till now, and most likely this complete correction will end in 2019, so from next 4-6 months we could expect a major bull market in Bitcoin and other cryptocurrecies, thanks for reading and do share this idea with your crypto friends.
BITSTAMP:BTCUSDShort
by Husain_Arkghazi
1
Bitcoin looks choppyI have chosen this ABCDE triangle wave as my primary count on the daily time frame, which also looks like an ascending wedge pattern wise. Ascending wedges are usually a bearish reversal pattern but can be used within a larger movement. So, technically my downside targets are near the wedge bottom ( USD 3100-3200 level) , where it'll be crucial to watch if the support holds or not. But , my current play on the shorter frame is long position with targets around USD 4350-4400 levels, where my E for this potential ABCDE ends. Although , its a riskier trade but I have a tight SL if the wedge breakdown is in play from right this point onwards. There's no such thing as being sure in the markets. Wedges can break from the upside too and that would be considered as very bullish. In that case, i'll spread my asks in USD 4900-5200 ranges with a tight SL. Still i ain't dreaming of such miracles atm . Count wise i'm banking on a small wave down after this potential ABCDE towards USD 3000 level , which might give us a small Y of a larger WXY down. This is my bullish scenario ofc. My Bearish case would put it around USD 1500 levels before the end of this correction.
KRAKEN:BTCUSDLong
by XtinCt
Bitcoin Price Action BULLISH +Altcoins Market Update -MOST READ!Good Day LOVE... And it is... (Note: This is the analysis that I shared before Bitcoins breakout) Hit LIKE and we start with some phrases coming out of the money people in this reality... And these people have lots of money; let's see what they have to say to newcomers like us (crypto-traders): "Bull markets are born on pessimism, grow on skepticism, mature on optimism, and die on euphoria. The time of maximum pessimism is the best time to buy, and the time of maximum optimism is the best time to sell." - Sir John Templeton "If you are not willing to own a stock for 10 years, do not even think about owning it for 10 minutes." - Warren Buffet "Our favorite holding period is forever." - Warren Buffet (Good thing we agree with Mr. Buffet). And one more... "It's not whether you're right or wrong that's important, but how much money you make when you're right and how much you lose when you're wrong." - George Soros "Markets are constantly in a state of uncertainty and flux and money is made by discounting the obvious and betting on the unexpected." - George Soros Market corrections, although they can be hard for many, specially beginners like us, are actually very healthy if you believe in the future of Bitcoin and Cryptocurrency... Why? Because we have to get rid of speculators and weak hands so that our market can keep on growing. So it can be painful now, but trust that growth is on its way... Namaste. NOW!... Let's to get started with this Bitcoin analysis. Bitcoin ( BTCUSD ) is looking at a falling wedge , we have good chance to break up but certain conditions need to be met first; we need a strong breakout and to start a close above EMA10 (green line). I say we have good chances because many bullish signals are starting to build up... So let's take a look at those. BTCUSD Bullish Signals Showing Up on the chart Decreasing momentum from the bears. Bullish divergence showing up on the MACD. Strong decrease in trading volume . RSI as oversold as it can get. (I once mentioned that Bitcoin would reverse when the RSI hit oversold... Oversold can be 15, 20, 25... But for Bitcoin this is beyond... take a look at the RSI and notice that it is the lowest that it has gone. This doesn't mean that the bear market is over, but it is surely a signal that we are really, really close - this is what I meant by oversold ). We have a 'falling wedge' pattern which is bullish . We might break this pattern "passively", sideways, before the move up... Our main resistance is the wedge trendline as well as EMA10 which hasn't been touched in the past two weeks... I haven't personally seen Bitcoin this depressed since 2014. But just as you have seen on TV, the quote goes as follow, and it is true... "Buy on fear, sell on greed." Chart & Price Action ( BTCUSD ) We find resistance on red rectangles, and yes, we find support on green. If you are on the bull side, you want a break of the falling wedge followed by EMA10 in order to start a meaningful move up. While if you are a bear, you would want a break of $3215 in order to continue this bear run. We also need to consider the possibility of some sideways action in the next few days... Since these markets are highly manipulated (like all markets) then all the signals can easily break, yet we have some really strong bear action, a relief rally is on its way. And what about the LONGS and SHORTS? Even though LONGS are increasing massively, 34% in the past two weeks, we have SHORTS near All Time High it is very likely they are about to get squeezed. (76% up since October) You know how our very simple strategy works... We get to buy low near the bottom, in order to sell high when the price goes up. It is no good idea to SHORT an altcoin/asset when the price is near a very strong support. Since Bitcoin has deprecated massively, the wiser choice is to go LONG. Continue reading below as this article goes on...
BITFINEX:BTCUSDEducation
by MasterAnanda
Struggle of 6000.0 Again?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 functioning, so I'd like to think about trade by attracting it to either up or down. << tactics >> 1-1) It got up and reached around 7000. It acted as a resistance short. The first limit is on WePP (P) 6607.1 The second limit is on WePP (S1) 6374.9 1-2) It got up and reached around 7000. It is doubtful whether it acted as a resistance I will start considering the long. 2-1) Although it decreased, it came back without reaching near 6000 We will observe it because there is a possibility that it will range or be rebounding. 3-1) It fell, it reached around 6000. It served as a support. I do not long because I'm thinking about shorting. I will observe. 3-2) Go down, penetrate 6000 down. It then acted as a resistance line. short. First limit is on WePP (S3) 5818.5 The second limit is MPP (S1) 5504.7 3-3) go down, penetrate 6000 down. It plummeted as it was. Observe until a line acting as a resistance is found. I would be grateful if you like it idea,give me follow or agrees! ------------------------- -------------------------- Brown thick line: Yearly Pivot Points (YPP in the text) Light blue thick line: Monthly Pivot Points (MPP in the text) Green thin line: Weekly Pivot Points (WePP in the text) Indigo thickLine: Horizontal line or Trend line seen by weekly or monthly Indigo thin line: Horizontal line or Trend line seen by 4hourly or daily Indigo dotted line: outstanding round number. Red curve: EMA 20 close Indigo curve: EMA 200 close Green curve: EMA 800 close Black curve: EMA 1600 close x mark: Line which may not function ------------------------- --------------------------
BITFINEX:BTCUSDShort
by fondiea
Bitcoin in a critical rangeHey guys, It looks like bitcoin is inside an ascending channel - which is bearish. Looking at the recent past, see how both patterns (ascending channel and rising wedge) played out as expected - bearish. Following are the key levels to watch for: a. For Bulls : A break above 6855 would be very bullish if we can hold that level. b. For Bears: Bears would face following support levels: i. 6425 - 6430 : Bitcoin has bounced 3 times from this support in recent past (4 hour chart). ii. 6263 iii.If the above 2 levels are broken, the next level to be watching for would be 5700-5800. Please do your own research and share your views about the analysis. Love from your friend. ;)
COINBASE:BTCUSD
by cryptonitin
Is the set sequence of downtrend applied?The rate once went back through the double zero 6000.0. Currently it is a situation to receive resistance at around MPP (S1) 6353.9. Judging that it is a down trend, if you apply the set sequence, I'd like to have a short position well. <> 1) Resistance MPP (S1) was judged to work. Short entry. The limit is above double zero 6000.0. Or if you assume double zero 6000.0 penetration, it is above the nearest low of 5800.0. 2) it can not be judge that it is functioning, or penetrate above MPP(S1). As long as the intention to lower the price move is seen, I do not do long entry. I will observe. I would be grateful if you like it idea,give me follow or agrees! ------------------------- -------------------------- Brown thick line: Yearly Pivot Points (YPP in the text) Light blue thick line: Monthly Pivot Points (MPP in the text) Green thin line: Weekly Pivot Points (WePP in the text) Indigo thickLine: Horizontal line or Trend line seen by weekly or monthly Indigo thin line: Horizontal line or Trend line seen by 4hourly or daily Indigo dotted line: outstanding double zero Red curve: EMA 20 close Indigo curve: EMA 200 close Green curve: EMA 800 close Black curve: EMA 1600 close x mark: Line which may not function ------------------------- --------------------------
BITFINEX:BTCUSDShort
by fondiea