In my last update for Bitcoin ( BTCUSD ) I mentioned "bearish tendency", because Bitcoin has been moving lower since it hit a peak on the 26-June, we can easily see lower highs being printed...
But since the 28-July, we are also seeing higher lows. This is all a period of consolidation but Bitcoin can still move lower before moving back up.
Now, the...
evidences supporting the conclusion provided in chart..
shortening of buying thrust after the june rally, quickly followed by large severe selling waves
and lack of follow through in the subsequent rallies and at the present position of the trading range
the inability to cross above the 20dma, shows weakness in the price action
unless the supply trendline is...
Formazione triangolare su BTC/USD - il calcolo del target si calcola riportando la distanza del punto a-b nel punto in cui il prezzo rompe il triangolo.
isn't that happen too quickly, i mean just before around 40 days bitcoin prices pumped meteorically from 4200 to 4800 on a rumor of a fake news which was circulated as april fool joke that SEC approves Bitcoin's ETF, and weird thing is that no one panics even after this news was refute. recently we've also seen the tether fud which could have great impact on...
If you've been following Alan Masters (@alanmasters) lately, you are aware that we have been right 100% of the time for our Bitcoin (BTCUSD / XBTUSD) charts/trade ideas for the past few months...
Today is no exception, Bitcoin (BTCUSD) just broke up.
Our targets remain the same, the analysis remains the same... Our vision remains the same... (Bitcoin is the...
Bitcoin (BTCUSD) is showing a low volume bounce while trying to break slowly above EMA10.
We are seeing multiple signals that are pointing to move up but multiple resistance levels are to be taken out first.
The blue trendline is the main resistance that needs to be broken for Bitcoin (BTCUSD) to move higher. If this level breaks, we aim at EMA50 ($10278)...
Bitcoin (BTCUSD) can easily move lower... According to the signals coming from the chart above.
My last analysis showed that the signals were weak and that Bitcoin could move down since it was rejected for the fourth time by strong resistance... You can see the full analysis here:...
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...
BTC Symmetrical Triangle can Breakout or Breakdown ? It will move in either direction , but smart margin trader will earn very handsome income in either case. So this is my advise to take advance orders according to levels as per my opinion. This is not financial advise, profit and loss is yours.
The first cryptocurrency is attempting to recover above the $10,000 level on Friday, after briefly falling towards the $9,600 support level on Thursday. Yesterday’s strong pullback may have formed an important low for the BTCUSD pair, particularly with the lower time frames still showing a bullish pattern. Overall, a continued recovery above the $10,000 level...
With a good enough consolidation on the charts, showing accumulation at the levels of 10200-10500, long targets of 12500/13900 are valid on BTC.
Expect an upside price volume breakout soon enough.
Bitcoin is failing to attract a strong bid above the $10,000 level, with the number one cryptocurrency repeatedly failing around its 50-day moving average. Weakness below the $10,000 level is likely to prompt the BTCUSD pair to test towards the $9,700 support level. Buying dips under the $10,000 level is still the best strategy for trading the BTCUSD pair until...
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