Bitcoin Strong Bounce, Going Higher? | $11,300INOur 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 - $10,200 as main support.
Feeling the market: Bitcoin can easily move higher.
Namaste.
Bitcoin-btcusd
bitcoin , getting heavy at weekly tops- beware . regular bear divergence in making on daily, weeklly still in bear divergence .... not a single weekly candle close in 2019 has happened above 11920 , tomorrow is decisive (sunday) if weekly candle doesn't closed above 11920 & price action starts retracing , eventually it will lead to confirmation of bear divergence on daily , which in turn trigger the bear signature on weekly PA .
in simple worlds tomorrow is decisive , with multiple factors against price rise ... i m biased toward shorts on BTCUSD .
LSK/BTC - Golden Cross & Momentum ShiftLisk to Bitcoin pair is showing some serious momentum shift in the price actions.
Oscillators are indicating a strong upcoming momentum swing high what might be round the corner.
Golden Cross is right around the corner, buy pressure is building up across a lot of exchanges.
I'm going to keep a close eye on this one.
This thing is going to pump hard in the mid term!
again a shit PA on small TF, EXITING LONGS AT SMALL PROFITagain a shit PA on smaller TF, EXITING LONGS AT SMALL PROFIT, 15 minute to 1 h & 4h struggling to break even the first resistance , not a good sign ... seen like more corrections till 9250-9350 is pending . will short it instead from @10280 .
Bitcoin (BTC) Update 04-Jun-19Hi all!!
Good day! In my previous post , I explained about how the bitcoin parabolic move could end and mentioned the targets and now the target 1 is reached which eventually gives the good Short opportunity.
Find the short position targets in this chart.
Let me know what charts to be analyzed in the comments.
For more updates, follow me here .
~RPS~
Bitcoin wave A forming an ending diagonal, more dump to comehey guys Bitcoin continues to drop and from charts looks like wave A is forming an ending diagonal formation, which appears in normal zigzag correction, from current position it looks that we're now in wave 5 which could end up around 6900, which i've clearly mentioned in my previous XBTUSD analysis
although if we get an extended wave 5 than we could go even lower, but 6900 could be the key level for a major turning point or the beginning of wave B, so be cautious from here, personally am expecting that wave 5 will extend upto 100% of wave 3 which is around 6750.
hope this analysis will help you to make profits thankyou
Bitcoin (BTC) Update 06-Jun-19Hi 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 in the chart.
For more updates, follow me here .
~RPS~
Bitcoin 2020 Going To $82,352 (Simple 12345 Elliot Wave)We've seen Bitcoin (BTCUSD) predictions for the future that range from $100 to $1,120 all the way to $1,000,000 and beyond.
We would like to be more conservative and use some known tools for a long term Bitcoin prediction... Let's take a look...
But before we get started, feel free to hit like now if you want to show us some love and support.
We are using the 12345 Impulse wave structure from the Wave Principle Theory by Elliot Wave.
We used Fibonacci proportions to reach our top target of $82,352, which matches perfectly the 5th Wave.
The MACD supports this move.
The RSI hit its lowest point, is now bullish and can also support this move.
What's your take on Bitcoin long term?
Leave us a comment in the comments section below.
Thanks a lot for reading.
Thanks a lot for your amazing and continued support.
Namaste.
#DLT hidden gem from traders accumulated sielently#DLT looks something like that has been accumulated heavily in past 20 days by whales coz from the chart it has already completed it's abc corrective pattern and rsi making higher highs indicating for bullish divergence, now completely set to make a blast, it has seen heavy buying 30 days ago but prices simply didn't hold the levels, probably due to growth in bitcoin, but now #DLT looks completely ready to start a new impulse wave.
Buy 1300-1450
T1 1700
T2 2200
SL 1150
Bitcoin (BTC) Update 21-May-19Hi all
Good day! In my previous post , I mentioned Head & Shoulders Pattern was forming. But the pattern was invalidated by breaking the shoulder line.
Now we are forming the "Inverse Head & Shoulders Pattern" in the chart. The neck line should be broken to confirm the pattern.
As you can see in the chart, the head and shoulders top is used to predict reversals in downtrends. This pattern is identified when the price forms left shoulder, head and right shoulder inverted with a neck line connecting the head and the shoulders . The target is equivalent to the height of the head from the neck line.
With this, we can project the target price 9640 for the bitcoin parabolic move, which will be followed by huge correction.
Hope you find this useful.
Follow me here , for more updates.
~RPS~
MFTBTC ready to take offMFT 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 upto 50 sat after that mainframe is prepared for wave 3 upto 90 sat, probably more higher and can go +100 sat.
buy 40-45 sat
T1 65 sat
T2 90 sat
T3 +100 sat
Stop loss 38 sat
Bitcoin update 24.05.19hello guys, from the charts most likely Bitcoin has now entered in ABC correction wave, in which wave A usually made of 5 waves and most likely we're now heading towards much deeper correction of wave 3 which could bring us to 6200 level, but at present situation we're in a leading diagonal formation, so from here we could see a drop towards 7400, and then a false breakout could take place to push the prices around 8000, and then huge shorts could take place to rekt longs, so i would recommend to go short from here until we hit the lower trend line, and be cautious with longs. we could grab wave 3 which can give us massive profit opportunity, but we must play safe, i would recommend to stay neutral until we break the 7200 level.
hit like if you find this analysis helpful and do follow me on twitter and telegram.
thankyou
#THETA moving in wave 2, great opportunity to buy the dipalthough i've already signaled Theta on 1330 sat through my channel, but those who missed that opportunity, can get a second chance to grab the dips. at present level theta is going in a correction wave 2 where it can retrace upto 50-61.8% of wave 1, which can push the prices between 1400-1330 sat zone, if wave 3 starts from this zone, which is most likely, than am expecting it to go upto 2200 sat, you can also buy on a breakout when prices will cross 1700 sat, as there's no guarantee that we'll reach under 1400 buying zone, so better not to miss the opportunity, when prices start rallying.
buy 1330-1400 sat
buy when prices breakout 1700 sat
T1 1840
T2 1980
T3 2200
Stop loss 1100
Monaco #MCOBTC Join the 3rd 56wave #MCO looks prepared for the 3rd wave, 2nd wave normally retraces 61.8% (upto 100% in some special cases), here we can see that 2nd wave has retraced almost 68.1% of wave 1 around 63k satoshi, and looking for the next impulse wave, make sure to join the ride coz wave 3 will have high intensity and will go up quickly. a normal wave 3 could go from 100-161.8% of wave 1, so make sure to take profits on each level.
Target 1 79700 satoshi
Target 2 90k satoshi
stop loss 56k satoshi
time for bitcoin to take a breadth?hey guys here's an update on bitcoin, by looking at charts it's clear that we've got a huge parabolic wave 5 in last few days and the more quickly high we're going the odds are getting more likely for the end of wave 5, as i've said in my previous analysis that 6000-6450 was the major resistance level which was also oct 2018s high, but bitcoin completely destroy that wall, after that i've said, ok! now 7400 level is looking the next major resistance which was also sep 2018s high, but again bitcoin broke that level. first thing we need to understated that in trading there's nothing right or wrong, you need to be flexible when things don't go as predict them than you need to quickly change your mind, that one quality will help you to cut your losses.
now at current situation we're again in a major resistance zone 8300-8500 which are also another highs of july 2018s. the meteoric growth in prices has achieved this level in just under 15 days after, keep in mind that this kind of parabolic moves are like climbing on a cliff, the more quickly we'll go up the more quickly we'll come down. if prices keep continue to go up and we break 8500 level and succeed to hold it than next major resistance zone will be $10000, previous highs of may 2018. however if we broke from here than most likely this will be the beginning of larger ABC correction move.
$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
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.
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.