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#BTC/USDT 4HOUR UPDATE !!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys. BTC /USDT UPDATE ! As we can see from the chart mentioned above, BTC broke above the upper trend line of this triangle pattern, and a retest Is likely in the upcoming hours. Retest will be the confirmation to rally above the price level of $22.4k again. Break below the lower green support will lead BTC again to move back inside the triangle pattern. Let's see how it performs in upcoming hours. Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade. Sorry for my English it is not my native language. Do hit the like button if you like it and share your charts in the comments section. Thank you.
by CryptoSanders9563
Bitcoin Elliot wave analysisBitcoin BTCUSD trend is now up, then down Bitcoin is overall preparing to back set go towards south zones on bigger picture's Elliot wave counts, but currently we are expecting very little counter pull back rally towards north near 22500 zones, there after we are assuming good fall again towards south directions. all the possible degree wave counts are shared in snap shots below Possible wave counts on weekly time frame Possible wave counts on daily time frame Possible wave counts on 4 hourly time frame positive divergence in both macd and rsi RSI double breakout on hourly chart. MACD positive crossover on hourly chart MACD positive crossover on daily chart Lower Bollinger also uptick Trigger point is breakout this black resistance trendline Most investors treat trading as a hobby because they have a full-time job doing something else. However, If you treat trading like a business, it will pay you like a business. If you treat like a hobby, hobbies don't pay, they cost you...! Disclaimer. I am not sebi registered analyst. My studies are for educational purpose only. Please Consult your financial advisor before trading or investing. I am not responsible for any kinds of your profits and your losses.
BITSTAMP:BTCUSD
by RK_Chaarts
how to buy/sel gold, stocks or cryptocurrencies at a good price?How to buy gold, stocks or cryptocurrencies at a good price in a bear market? There are usually two trading strategies, it depends on whether the market is in a bullish or bearish phase. The common sentiment of many people in an uptrend, they think that the market will continue to increase so they can buy at any price, leading to fomo psychology and many people losing heavily. Conversely, in a bear market, many people are afraid that the market will continue to go down and will not buy a good price, or when the price drops to a certain level, they will buy because it is a low but realistic price. the market continues to go down How to avoid the above mistakes? These are 2 reliable technical indicators for everyone. it is not bollinger bands or rsi indicator. What is its effect? "AromB Market Index"" One is to help you know if the market is near a bottom or near a top. The second is the market going down or going up. "AromB PL" three is the price at which you can best buy in a bear market or the price at which you can best sell in a bull market The combination of the two indicators above is probably a perfect match. Do not use elliot or wyckoff waves to predict prices, which will lead to subjective errors.
TVC:GOLD
by aromB
Ethereum market analysis It’s been awhile since we’ve updated ya’ll with the current market situation. The crypto market has been moving sideways since the last drop from 30k to 17k, hence we have been quiet on the sidelines. This usually indicates an accumulation of orders before its next explosive move. We currently have been motoring #Ethereum and to give a brief update as follows: #Eth on the daily is currently sideways, neither forming higher highs or lows. A break of $1260 could indicate a movement of price towards $1611-1800. This zone is key supply area and will act as strong resistance. We would be looking at selling our reminder of our holdings at these levels. As the chances of it dropping towards 740 - 200 is significantly high in the coming days/weeks. Which is where should this occur , we will be looking at accumulating aggressively at these levels in play for long term holdings. NOTE: This is not financial advice, please do your own research before investing.
by CryptoBlanco
BTC/USD - Weekly OverviewThe past week's price performance resulted in more skepticism among investors as BTC faced multiple negative breakouts below the crucial psychological mark of $20K. Compared to the previous high of the previous month, BTC is almost down by 37%. On the Fibonacci retracement table, the price level has fallen below the 0.236FIB level and unable to have any positive breakouts since then. The RSI level is constantly facing resistance at 50. Considering the technical pattern, BTC has formed a descending triangle from a couple of weeks of price action. A positive breakout from the pattern in upcoming days might hint at the revival of bulls and vice-versa. The BB has also contracted its width on the chart while showcasing downtrending nature. The price level is having a hard time sustaining above the baseline of BB. Overall, exposure to further downtrend might be a possibility if the world’s largest cryptocurrency stays below $20K. In that case, support levels can be placed at $18K and $17K. On the contrary, if the bulls are able to make a comeback, resistance can be placed at $22K and $23K.
COINBASE:BTCUSD
by TradeDog-Research