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...
We are doing Analysis of BTCUSDT on Daily Timeframe .
I have Mention Support levels on Chart
Note: This is only for Educational Purpose this is not an Investment advice.
Please support the setup with your likes, comments and by following on Trading View.
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.
Hi, today we are going to talk about Bitcoin and its current landscape.
We observe at the hourly chart a interesting confluence of Gann and Fibonacci. Gann establishes the key points of the bullish bias and Fibonacci the possible targets to these trades. All possibilities are highlighted at the chart above.
Thank you for reading and leave your comments if you like.
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...
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.
Enter in trade if your analysis matches mine. Please Like for Alerts.
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.
Feel free to contact me if you have any questions!
Follow Me !
Show U The Money !
------------------------- 2019.07.15 in