Bitcoin trading volume has come to a halt basically after the low on the 25th of November was set. SUPPORT Now, BTCUSD is trading around support. If this support range holds, $6900 - $7100, then we are very likely to see the next move develop to the upside, but what happens if the support breaks? There is strong support around $6700 - $6850, so if the...
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (0.0039). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . ZECBTC 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....
I am of the belief that Bitcoin would start to grow when the altcoins start to retrace strong... The altcoins market is having massive bullish action and growth for the past few months and now we are seeing some altcoins correcting having a strong retrace... The majority continue to grow, the market remains bullish while Bitcoin is now ready to continue growing...
Bitcoin (BTCUSD) is now challenging and breaking above another resistance level without much consolidation or effort... It is simply growing slowly and easily... I shared multiple charts for Bitcoin regarding this move, as well as a full active leveraged trade which will be shared below. The charts remain bullish. Bitcoin looks strong. We expect...
Bitcoin ( XBTUSD ) printed the classic iH&S pattern and is now producing a bullish breakout. The neckline is being broken to the upside... If the current 4H candle closes above the iH&S neckline, we can see so much more growth... We have been tracking this move since the 21-Nov. You can take a look at it here | Bitcoin Going To $10K December | Will It Go Lower...
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (7412.60). 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...
Bitcoin (BTCUSD) is following perfectly my chart from the 21-Nov., where we spotted the potential for a bounce at $6500 and saw Bitcoin going to $10000+ next month. You can see it here: Now, Bitcoin is printing the classic Inverse Head & Shoulders pattern, with the right shoulder being formed on increasing volume. To provide additional and useful information,...
Bitcoin (BTCUSD) starts to bounce and we have good volume coming in. Our last trade idea mentions a $10,000+ Bitcoin in December 2019... You can take a look at it here | Bitcoin Going To $10K December | Will It Go Lower First? BTCUSD Early Bullish Chart Signals Above-average volume coming in for the bulls (Needs daily closure for confirmation). Hidden...
Bitcoin is very likely to move to $10,000+ in December 2019, but before we go there, can it go lower now? Bitcoin (BTCUSD) printed a full bearish candle to break below $8,000, reaching a low at $7394. Now, this candle is still active today so the next move really depends on the daily candle close since we are looking at this timeframe. We are likely to see...
1. Looks like BTC is forming H&S Pattern over smaller time frame. 2. Pattern is not yet completely formed but keeping an eye over this. 3. Will Take small long position on right shoulder & add more on breakout.
Trading as per information given in the chart
The above chart shows my analysis of bitcoin's future move. I will be posting my analysis daily. P S - I am not a financial advisor.
Kava is on its way for new high, in the wake of successful mainnet launch and staking and coin swap. New support levels have been emerged. Kava market volume has grown over roughly 180% since yesterday. This is a great buying time.
In a bullish market/bull cycle, altcoins go down while Bitcoin goes up. Let me show you something that you are most likely very familiar with... The chorus goes like this: When Bitcoin moves up strong, the altcoins tends to crash. When Bitcoin moves down, the altcoins tends to crash. When Bitcoin goes sideways, the altcoins tends to crash. Lately,...
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (0.001300). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . NEOBTC 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...
Technical analysis: . KOMODO/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 64. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.00007270 to 0.00005355). if so, traders can set orders based on Price...
Technical analysis: . Ripple/Bitcoin 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 43. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.00002950 to 0.00002400). if so, traders can set orders based on...