Bitcoin (BTCUSD) retraced strong... We caught the last peak, now we are seeing that a new low has been set... ----- Before we get started we would like to thank all of our readers, supporters, and followers, and Trading View as a company, its staff, and support, for ranking Alan Masters now as the #1 All-Time Top Cryptocurrency trader and analysts... I am deeply...
Bitcoin (BTCUSD) has been aiming lower since reaching a top on the 6th of August. We warned about an imminent retrace and this is now happening... Let's take a look at the chart: BTCUSD is now trading below EMA10 ($11,300). In my previous article, we mention that any trading above this level is bullish, but below this level, we go bearish. The daily candle is...
Here is our full trade for Ripple (XRPU19) on BitMEX. We are using 7X (high leverage) for high ROE. BitMEX (leveraged) trading is for experienced/advanced traders only. This is not financial advice. We are sharing our views and opinion for learning and entertainment purposes only. A trade setup can do good just as it can go bad. Some we win others we...
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...
that said i think this trend line is strong resistance until proven otherwise . on HTF too btc is just revisiting the broken support as heavy resistance . RR is favorable towards shorts .
check the daily & weekly - bearish trend reversal , if weekly .... doesnt close above 11890-11920 , seems improbable bcaz DJI forming hidden bullish diversion on daily, i m considering DJI as an inverse poarameter . ..in btc price action . not only this daily is closed below 11880 giving price action more bearish tone .
if this resistance zone holds & price retraces from here ..we will see 9200 -9300 for sure , but if this resistance zone got broken prepare for 10800 . i m shorting this zone with a stop of 10450 .
PRICE HITTING MAJOR SUPPORT AREA WITH SMALLER TIME FRAME OSCILLATORS R IN OVERSOLD AREA ALREADY , GOOD TO MAKE LONG TRADE HERE ,BEST RR HERE .FIRST RESISTANCE SHOULD BE TAKE PROFIT AREA FOR 50% QUANTITY . 50% BECAUSE HAVE TO WAIT TO SEE BREAKUP OR BREAK DOWN FROM THERE .
gettin out of shorts & longing $btc - hidden bullish divergence on 4h & 1h , that is too on support . little late to spot it , but i think this time $btc will make new high 11500 atleast , stop loss @10740.
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 .
major trendline resistance @9820-9860 zone , also weekly resistance zone @9830-10000 horizontal . any down ward price action on 1 day from here will confirm bearish divergence .
horizontal support on 15 min & hidden bullish divergence on 1H with stochRSI , can give another nice push upward
hey guys, bitcoin price charts in small time frames are one of the most tricky things in technical analysis, seriously trust me, ive personally experienced this thing as an elliot wave analyst. but there're some patterns which appears again and again in bitcoin's chart, for example like the upper one. i've seen this tricky pattern a lot of time in bitcoin...
hey 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...
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...
hey guys as expected we see a heavy sell off after breaking the 8100 level and close below it, i've said earlier that 8100 was a key level and if we close daily candle below it than we could see a heavy dump in prices and as you see we saw a heavy sell off upto 7500 now from the charts wave b has retraced upto 78.6% of wave a and now wave c could extend upto...
If u notice XRP -BTC making classical hidden bullish divergence on weekly ,with forming a triangle on long term support zone ...most probable outcome would be out burst to upside in coming 10-15 days . its a buy on dip scenario for XRP/BTC in coming day as i expect upside upto 10000 sats in next 2-3 weeks .
ok guys so for now things are really uncertain for Bitcoin, although oscillators are screaming for more bullish movements but some reversal indicators and by elliot wave theory we're likely really close to the top. from the above chart you'll see that bitcoin tried 3 times to break 161.8% level which is around 8170 and succeed in 4th attempt and hit the 200%...