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...
On hourly chart Bitcoin has completed H&S pattern, also right shoulder had pushed down by resistance at 50EMA,and volume surge on breakout indicate short on Bitcoin..
SL at breakout 10,400.
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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...
I'm seeing elliott wave wxy pattern but having no clue since I'm still learning elliott wave I can't able elaborate much better. another point is that on the monthly time frame and the weekly time frame there's a strong selling pressure as it goes with the long/short sentiments which is still 80% long and 20% short intact. since the month of jun...
Hope you don't hate me, after reading my conclusion in this post.
I would like to bring a kind CAUTION to the users across the world with my technical analysis.
I wish this wouldn't happen. But I can't deny the facts that I see in the charts.
What-If Bitcoin falls to $ 200 ??
Do the chart tell us a complete different story that...
Are you still worried about the trend ??
Are you worried on deciding whether it's a Bull Market or Bear Market's Bull Trap ??
This post is just give you peace with a simple line, called "Bitcoin Life Saver Line".
As long as BTC price action stays above this line, we are in a Bull Market.
When the price action goes below this line, then it...
Prices have fallen below the 230 level support level,
The fall is likely to continue in the short term.
Near the support level consider going long again.
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I am not going to predict what will happen or what is happening... I'll let stats and algorithms show results.
-I am using SAR Parabolic strategy. It automatically recommends long and short entry based on stats.
Here we see a monthly $BTCUSD chart. By using SAR Strategy tool it shows us that It's Long entry (Upwards trend) and Short entry (Downward) trend has...
BTC.D is currently forming an ascending triangle.One thing most of the people didn't realize is that during the ascending triangle(this week) $BTC.D tested previous strong resistance. And now it is ready to be launched. My prediction is that It's going to break the ascending triangle and move towards first resistance line. Around $16,500, and then it...