Don't miss the great buy opportunity in BTCUSDTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (9325.90). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. BTCUSD is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 40.
Take Profits:
TP1= @ 10175.20
TP2= @ 10994.65
TP3= @ 11803.00
SL= @ 8940.00
Bitcoinforecast
i can trade 50 time in a day based on these trendlinesi can trade 50 time in a day based on these trendlines, PA respecting the trendlines on the chart on small Tf like 1h or 4H , BTC is easily tradeable .
but on higher TF I m not convinced at all of this move until it breaks the resistance with continuity or support with continuity .
but i expect such PA in midweek where trend can be seen in continuity , a long tenure of liquidation -- whether in shorts or longs .
bear divergence on 15 min & hidden bear div on 1h+ bear flagbitcoin having all the symtoms of drop on smaller time frame , check 1h , it's making hidden bear div. with stochrsi & on 15 min regular divergence . ..waiting for 9350 atleast ..a sharp move ...capitulation kindda move towards 9350..expected .
sometimes markets makes the excess in both ways up & downi can say these excesses as check dams ...which slows the pace of downfall or upswing .these r bias changers - even for very seasoned traders . but still they act as strong points of reversals . i still belive $btc will go down & stocks will rise from next week -- as charts r saying so ..lets see ..i m a human , so reserved the right to be wrong . so don't blame me.
i will be covering/closing my shorts when any candle touches ...i will be covering/closing my shorts when any candle touches ... the green trend line , break of upper yellow trendline has confirmed the temporary downfall , will update my view when price touches the green trendline .
needed your likes & re tweets .
if this daily candle closes below 9118 , i doubt this rallyif this daily candle closes on "mother of all resistance" or below $9118 , i doubt this rally for reasons:-
1). volume is decreasing
2).daily candle close on resistance or below 9118.
3). if price trend reverses FROM HERE on HTF , it can make bearish divergence on all HTFs .
4). close of daily candle below upper bollinger band on daily chart .
these all r presumptions till oscillators & price action prove it on charts , next 24-48 hrs will be decisive .
Bitcoin projects to 5200 soonThe price is in the Liquidation price zone for weeks. We have seen the same structure for bitcoin back in 2012 where it came back to 0.618 fib before it started a bull run. Same could happen this time. Before the bull run, BTC will see its low at 0.618( 5200) then back to 10000 .
By November the price will project to 16000. By February 27000 the same will happen like that of the previous bull run. New High 100000 by 2021
There is a trading opportunity to buy in DASHBTCTechnical analysis:
. DASH/BITCOIN is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 53.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.02030600 to 0.01772000). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.02030600)
Ending of entry zone (0.01772000)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons :
Take Profits:
TP1= @ 0.02261000
TP2= @ 0.02491000
TP3= @ 0.02771000
TP4= @ 0.03307000
TP5= @ 0.03686000
TP6= @ 0.04326000
TP7= @ 0.05977000
TP8= @ 0.08646000
TP9= Free
Btc/usd - D1 - LongSupport in the 20 and 100-day- moving averages and the 61% level of the Fibonacci, demonstrating so the beginning of the wave 3 (Elliott Waves) in the daily timeframe. The trend- Based Fib Extension show to us the $5.166,00 price level as our exit target, coinciding with the 200-day-moving average.
BTC move coming...BITFINEX:BTCUSD
Time frame: 4 hourly
Sentiment: Bearish
*This is not an advice to buy or sell bitcoin.
$BTC The bottom is in The average directional index (ADX) is used to quantify trend strength. In many cases, it is the ultimate trend indicator.
It's clear from the chart that the ADX has bottomed and there is no strength left in the trend. This shows that BTC has entered accumulation since Dec 2018 and there's very little chance of seeing new lows






















