Despite the fact that COINBASE:BTCUSD has fallen 20 percent over the last few weeks. I think the price, at this point, is still bullish and here's why. As we can see on the chart, we have the green support zone which has been touched. This zone has been resistance on October 25 in 2019, Februari 13 of 2020 and in May and June of this year. This implies that...
Bitcoin has just given poll & flag channel breakout. Just wait for some correction and RSI breakout. Remember, 12200 is a resistance and when bitcoin price sustain above 12200 a sharp buying expecting.
Disclaimer: This information is for educational purposes only invest at your own risk !!
BITFINEX:BTCUSD COINBASE:BTCUSD BITSTAMP:BTCUSD 1.Low / decreasing volume uptrend 2.Forming bullish cypher with CD downleg incomplete 3.7hrs kumo cloud resistance on the head 4.The cypher completion expected at traditional S1 support 5.Bounce from the cypher effect to be arrested in the 0.382DC then 0.618DC, Complements Kumo cloud resistance 6.A later on...
enough said in heading.. Period #Ascalper'sHeaven
BITFINEX:BTCUSD COINBASE:BTCUSD BITSTAMP:BTCUSD Rationale for entry.. The reversal from the falling wedge on good volumes , The 5/13 dema cross on the uptrend, The RSi in the oversold zone And finally the Bryce Gilmore classic butterfly with an uncommon AB=CD pattern doing reversal from the PRZ on the back of good volumes... In short, a feast! Take profit is...
COINBASE:BTCUSD BITSTAMP:BTCUSD BITFINEX:BTCUSD OKCOIN:BTCUSD A bearish gartley on the back of a bullish momentum price divergence.. This is a good opportunity to trade..., may trigger a breakout, although the bulls are too weak for the bears in the short term
BITSTAMP:BTCUSD Case for the bulls... 1.A longer term bearish abcd with a bullish CD leg under formation 2.Breakout from the ichimoku cloud on the four hr chart , both lagging line(Chikou span) and price action 3.Fibonacci retracements of 0.382 bokeen on good volume support (although not a clear brekout) 4.A inverse head and shoulder with classical volume pattern...