BTCUSD Daily. I'm seeing this graph is so convincing. I'm seeing this graph is so convincing than anything else available in the market.
Btcusdforecast
BTCUSD 4h. All in expecting to see 7597.Since BTCUSD follows the parabolic trend and leaner support hope this strategy would work out.
Btc Buy Short Term @ 8550 for 8800btc is making a correction pattern after the long downside rally.
thus it will complete its a-b-c formation.
Also testing the resistance.
for further downside of 8200.
BTCUSD - and what?Morning Traders,
If you take position after price breakup trough TL2 that that was outstanding and easy position.
I have created Channel but the price did not reach upper line of the channel.
I just waited for candle to be closed. On the lower TF momentum slows down.
But we have wait until price either break trough the TL of the channel or rises higher.
And that perhaps is price doing right now. Look like price is loosing momentum pay close attention what is happening on chart.
But keep in mind that this is four hours candles anything can happen in that time.
Thank you for like it my analysis.
BTCUSDT 4h. Rsi divergence and a inverse H&S#BTCUSDT 4h.
one thing I've noticed is that btc doesn't care the rule of where should an H&S form and if it's valid or not. it will work out certainly leaving you fool 85% of the times. if you can recognize it on time you can have the real advantage.
Reason and Confluences:
1. Bullish Rsi divergence.
2. There's inverse H&S **BUT it still not confirmed.
3. Following daily time frame, there's a bull pennant ready to break upside.
@in_tradingview
#TradingView
Distribution might be going on in bitcoinsevidences 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 decisively taken out, price action on bullish expectation
is better taken with a pinch of salt
even then also, traders should be cautious of a upthrust formation at the level of the high made in june
support as mentioned at the 200 day wilder moveing average and the zone of previous reaccumulation
should be considered - 8000-7500
happy trading guys!
Disclaimer.... not an investing/trading recommendation
BTCUSD 4h time frame. there are three H&S and one of them failedBTCUSD 4h time frame. there are three H&S and one of them failed. watching current one if it does hold right shoulder then possibily target 11364 can be achieved and if not holds then downside 8443 for initial low.
Just a thought process.
btcusd forms as usual right shoulder always smaller then left. so pull may happen small and then zomed up.
BTCUSD formed inverse H&S 4h, short term target 11129, 11788.BTCUSD formed inverse H&S 4h, short term target 11129, 11788.
BTC/USD(COINBASE)As stated in the previous article last week, if the resistance level $4200+ is not broken then we would hit the price around $3500 range.Hence it tested the $3478 price level after a drop of 15% this week.
Bullish Case:
It needs to hold the $3400-$3500 support level and break the $4200 level in the coming days to confirm bullish momentum otherwise we might see the <$3000 level in the coming weeks.
Bearish Case:
It has tested the $3500 price level recently and bounced to $3670 level due to the news from the Russia investing into Bitcoin.
The bounce(surge) looks weak(less buying volume) and we might see <$3000 level in the coming days/weeks if the $3200 support level is broken.
Note:It can also range between $3200-$4200 level for few days before making significant move up or down.
XBT/USD Short term viewBitcoin has been showing strong uptrend and has bounced strongly from the demand zone of $3100 level.
Bullish Case:
If it manages to break the $4100-4200 level in the coming days then it will continue its bullish trend till next resistance $4700+ level.
Bearish Case:
If it doesn't break the $4100-4200 level then we might price see price dipping to <$3500 level.
It can also range between $3200-$4200 level before making significant move up or down.
With Bakkt launching BTC contracts on 24th Jan'19, we might see a price jump but not necessarily.
BITCOIN/USD - PUMP and DUMP Movement Can come Very soon!!as you can see in the BTC is making a pattern which shows that we can see upward movement or downward movement very soon and just look at the RSI , it clearly shows that we are about to see big movement from. Most probably am expecting a Downward movement within 3 days from now. (maybe esrlier). DYOR before taking any positions on Bitmex
you can also check me out on Youtube - Crypto Bhai www.youtube.com
Long BTC and be a millionaire BITFINEX:BTCUSD BITSTAMP:BTCUSD COINBASE:BTCUSD A bearish deep crab in formation...
Potential target in the prz...
Clear case of long on the BTC/USD house!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
5.Bullish trendline being respected
6.Money flow converging with price
Potential reversal zone starts at 12884 to 14416..
