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Bitcoinforecast

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 .
BITFINEX:BTCUSDShort
by sachin81ksd
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
Long
by ForecastCity_EU
This is my last post !! Bad news ,FUD , dump - What next ?My Dear friends & followers I am using a different trading view profile ( trading view profile id - cryptoanteg.com). Please follow me there as this will be my last post from this trading view ID ! I WOULD ALSO SOON TEACH YOU ALL HOW TO PUT TRADES DIRECTLY FROM THE TRADING VIEW TO YOUR EXCHANGE ( BINANCE /BITMEX) WHEN IT BREAKS A MAJOR TRENDLINE REDUCING YOUR SCREEN STRESS WHILE TRADING SO KEEP FOLLOWING ME ON THE NEW TRADING VIEW PROFILE - CRYPTOANTEG.COM The reason for switching was to promote my website www.cryptoanteg.com Welcome to a new profitable trade ! Usually bad news follows after a dump which indicates its time to buy as a big green candle may be around the corner for a MEDIUM TERM trade ( 3-5 days) What we see from the charts using both classic & modern TA , Divergence - Bullish between MACD & Price Action TD trendline ( green line has been broken ) indicating market move in upward direction . I have put targets as per both modern TA & classical TA which are coinciding to approx 3600 previous resistance level. Stop loss is 3300 levels. Risk to reward is 1:3 for this trade . Dont go for more than 2 % risk and select CROSS on leverage . Always remeber money management precedes TA skills . Please remember this is a BITMEX perpetual trade prices only . Love to all of you ! Dont forget to follow me ! Ed
XLong
by edjunkmailbox
BTC BULL RUN ???Disclaimer: The content in chart is NOT investment advice. I’m NOT a financial adviser. These are only my own personal opinions, ideas, charts, technical analysis (TA), insights, news and price predictions. Always do your own research and only invest solely based on your own findings and personal judgement. Trading and/or investing in Bitcoin ( BTC ), Ethereum (ETH) or any other type of cryptocurrency or altcoin is extremely high risk and the market can crash at any time! Cryptos are incredibly volatile!
Long
by GODFATHER711
BITCOIN LONG-TERM VIEWBitcoin is going through massive pain areas as compared to the other cryptos, as it has been affected the most in this bearish time frame. We have given here the technical analysis for the long-term scenario and short-term scenario, with all of its possibilities. The price is volatile enough to move in any direction- up, down or sideways. Bitcoin USD Live chart states that currently, Bitcoin is trading at $4140.28 with a market capitalisation of $62,477,511,147 and circulating supply of 17,429,512 BTC. First, let us represent the long-term monthly time frame chart of Bitcoin live ticker- XBT/USD (BitMex) as per Bitcoin stock price, which covers both resistance and support levels with Bitcoin candlestick charts as well. Long-Term Analysis (A Month Timeframe) Bitcoin Long Term Analysis Scenario 1: Bullish (Uptrend) If the Monthly candle (December) closes with price above $3430 with decent buy volume then we might see the price the testing the "Resistance Zone 2" ranging from $4207-$4700 within few weeks. Few other factors in confluence with the bullish scenario: 1) Stochastic RSI is in the Oversold Region (its a region where asset price is likely to rebound or bounce). 2) Selling Volume (red bars at the bottom of the chart) is declining i.e. sellers are getting exhausted. Scenario 2: Bearish (Downtrend) If the Monthly candle (December) closes with the price below $3430 with decent sell volume then we might see the price, the testing, the "Support (Buying) Zone 1" ranging from $2400-$2900 within few weeks. If that support doesn't hold (no buying interest) then we might see "Support (Buying) Zone 2" followed by last "Support Zone 3". Factors in confluence with Bearish Scenario Support Zone 3 ranging from $1100-$1300 is the High of the previous Bull market cycle (2013) and might get a retest to follow market cycle rule (not mandatory but likely). Scenario 3: Ranging Scenario Bitcoin Ranging Scenario One of the scenarios which people often ignore is that an asset ranges between two boundary zones for some weeks and months before moving into strong trends (Upward or Downward) just like Bitcoin did between price levels $5800-$6400 for 3 months (September-November'18) before making a major move downtrend to $3100 price level. There are permutations and combinations you can apply between different zones (Resistance and Support) on the chart to form Ranging Zones. These are areas where major market participants (Institutional Investors) accumulate before a big change in direction of the price. Note: Monthly time frame charts illustrates the movement of price over a long-term horizon and are most often used by long-term investors. Short-Term Analysis (Daily and Weekly) Let's take both the bullish and bearish scenario for the short-term time frame. Bitcoin Short Term Analysis Scenario 1: Bullish (Uptrend) If BTC close above $3650 Daily and the weekly frame shows a reversal pattern (Green Engulfing candle) we might enter at these levels ($3600) with a target around $4000+ which eventually might restest Resistance Zone ($4400-$5400) in the coming weeks. Scenario 2: Bearish (Downtrend) If BTC couldn’t break the previous support ($3600) turned resistance in the coming weeks then there are two Bounce(rebound) zone for Bullish reversal ranging from $1800-$2400 and $896-$1200 for coming weeks and month. Now, we have reached the last segment of our analysis where we will mention the news and event analysis Institutional bodies are getting interested in cryptocurrencies. One such example is the U.S. state of Ohio accepting tax payments. Merchants like Overstock, eGifter, Expedia, Shopify accept Bitcoins as payments and several people are testifying on social media how they purchased goods and services with cryptocurrencies such as BTC, ETH, and BNB. The supply of Bitcoin is finite and limited to 21 Million hence the demand is not going down. Second, that the number of Bitcoins generated per block is set to decrease by 50% every 210,000 blocks. For example, if today each miner receives 12.5 Bitcoins for solving (mining) a block, after the next halving event they will receive only 6.25 BTC and so forth. 2018 was filled with rumors of institutional investors buying into cryptocurrencies, especially Bitcoin. Several times, the Bitcoin ETF has been rejected in 2018. But recently an SEC commissioner has started a Bitcoin ETF is definitely possible. In 2019, NASDAQ is going to work with the US Commodity Futures Trading Commission (CFTC) to launch Bitcoin futures in the first quarter of 2019. Conclusion While bull and bear markets are nothing new in the financial world and Bitcoin has been through the bear cycle before and recovered well from it with given time. Bitcoin is here to stay, it’s worth exploring the drops in value and equally fast recovery the currency has experienced. History shows that the top cryptocurrency has sustained much more rapid losses during a shorter period of time over the course of the past several years, and has not discouraged long-term investors.
BITMEX:BTCUSD.P
by coinswitch-trading