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time for bitcoin to take a breadth?hey guys here's an update on bitcoin, by looking at charts it's clear that we've got a huge parabolic wave 5 in last few days and the more quickly high we're going the odds are getting more likely for the end of wave 5, as i've said in my previous analysis that 6000-6450 was the major resistance level which was also oct 2018s high, but bitcoin completely destroy that wall, after that i've said, ok! now 7400 level is looking the next major resistance which was also sep 2018s high, but again bitcoin broke that level. first thing we need to understated that in trading there's nothing right or wrong, you need to be flexible when things don't go as predict them than you need to quickly change your mind, that one quality will help you to cut your losses. now at current situation we're again in a major resistance zone 8300-8500 which are also another highs of july 2018s. the meteoric growth in prices has achieved this level in just under 15 days after, keep in mind that this kind of parabolic moves are like climbing on a cliff, the more quickly we'll go up the more quickly we'll come down. if prices keep continue to go up and we break 8500 level and succeed to hold it than next major resistance zone will be $10000, previous highs of may 2018. however if we broke from here than most likely this will be the beginning of larger ABC correction move.
BITSTAMP:BTCUSD
by Husain_Arkghazi
1
$MITH looks finally bottomed and ready for a new rallylooks like $MITH has finally bottomed out and started to getting strength for higher moves. Mithril is one of the top Taiwanese projects listed on top exchanges with a healthy volume and liquidity, team is also active and working continuously developing the project. Despite all of this facts prices of $MITH has seen a dramatic fall from almost 9 months, where it traveled all the way from 11000 sat to 475 sat. current market cap of Mithril is around 20 mill with 188th rank and listed on top volume exchanges like Binance, OKEX, Bithumb or LBank, prices can easily pump by huge whales to accumulate Bitcoin, but this also a great opportunity to grab a good project for long term with highly undervalued prices, but in short term am expecting 50-60% profits. you can buy on current market price 500-520 sat target 1 - 570 sat target 2 - 620 sat target 3 - +800 sat stop loss - 470 sat
MLong
by Husain_Arkghazi
Beginning of a new Bull market in Bitcoinhello guys, now this is what everyone is waiting from months, that when Bitcoin will enter in next bull market? and i think that now finally we've got our answers. now we could say with 80% probablity that we're now beginning with the next major bull market. as i've told in my previous analysis that 6000-6450 is the major level of resistance we need to break and hold, and bulls successfully broke that level with the extended fifth wave and also protected and succeed to keep pushing prices going higher from last 3 days. from here i think bitcoin gets consolidated till the end of Consensus 2019. i've said previously that most likely we're currently in wave 4, but this perspective completely changed when we break 6450 barrier, now i see this as the start of a major bull market, and most likely we've just completed the wave 1 of this cycle and wave 2 could have already started. now going to the second part of this picture, most likely we'll now enter in a corrective wave, which will be a zigzag correction, now the major resistance zone will be the first support level for wave A, which in this case could be between 6000-6450, most likely 6000, after that wave B will not have enough intensity to stop bears and won't last longer, than for the final wave C we have 3 targets, fib5 around 5300, fib618 around 4800 (this one could be the most like bottom for abc corrective wave, or you could say second best opportunity to buy bitcoin, coz normally wave 2 retraces from 50% to 61.8% of wave 1, but it can also go lower than that), and third major support is around 4200 which are also previous highs, somehow if we also break this 4200 level than 3200 is the next target for bitcoin. although nothing is impossible, so we have to expect best but should be also prepared for the worse, so if somehow wave 2 breaks 3200 level, which has now very low probablity, than this complete analysis will be proven false, and you already know what will happen after that, new lows for Bitcoin. but hey, don't worry, you must enjoy the trend for now, this whole process of corrective wave 2 could upto 2-3 months, for now i won't recommend you to move in stable coins, this looks great time for alts to recover their prices, most likely in coming days almost every alt could pump upto 50-100%, so only if you just have patience to hold some good coins you can make some decent profits by just doing nothing. I hope this above analysis will help you and you'll make some good profits with it, for alt signal calls join my telegram channel CoinGuru or follow me on twitter thanks for reading, this is Husain Zabir signing out.
BITFINEX:BTCUSDShort
by Husain_Arkghazi
6000 finally!finally we broke the 6000 barrier, now things get critical from here, as i said before 6000-6450 is the major resistance zone we need to break and hold for the next major bull market, usually prices falls back and retests the support levels, which in this case are around 4200 and 3200. fun fact is that despite of having negative divergence as shown by RSI bulls have succeed to keep prices going higher. finally its still not the time to sell your home and jump all in Bitcoin, there's still lots of fear and uncertainty by looking at the charts, we are still due for a correction.
BITMEX:XBTShort
by Husain_Arkghazi
1
There is a possibility for the beginning of an uptrend in GASETHTechnical analysis: . Gas/Ethereum is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 38. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.01593000 to 0.01444000). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.01593000) Ending of entry zone (0.01444000) Entry signal: Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons : Take Profits: TP1= @ 0.01860000 TP2= @ 0.02150000 TP3= @ 0.02503000 TP4= @ 0.02687000 TP5= @ 0.03208000 TP6= @ 0.03778000 TP7= @ 0.04347000 TP8= @ 0.06190000 TP9= Free
GLong
by ForecastCity_EU