Trading suggestion:
". There is a possibility of temporary retracement to suggested support line (54580).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. BTCUSD is in a uptrend and the continuation of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic...
BITFINEX:BTCUSD COINBASE:BTCUSD BITSTAMP:BTCUSD
1.Low / decreasing volume uptrend
2.Forming bullish cypher with CD downleg incomplete
3.7hrs kumo cloud resistance on the head
4.The cypher completion expected at traditional S1 support
5.Bounce from the cypher effect to be arrested in the 0.382DC then 0.618DC, Complements Kumo cloud resistance
6.A later on...
The Large Cycle of Bitcoins >>: 8 February 2018
The first Dl Circled Region is the set-up for the start of momentum for Wave 3 up, and the second Dark Orange Circled Region is the set-up for the start of momentum for Wave 5 up. Wave 4 correction for the Bitcoin had been done using a Brown Bullish Wedge in capitulation style. This had been a cunning set-up but a...
BTCUSD SHOWING A GOOD DOWN MOVE WITH 1:10 RISK REWARD
DUE TO THESE REASON
A. its following a rectangle pattern that stocked the market
which preventing the market to move any one direction now it trying to break the strong resistant lable
B. after the break of this rectangle it will boost the market potential for break
C. also its resisting from a strong...
The market has been playing the same since the last chart. MA 200 has been a major support, did not let BTC price to cross it. Also sent pushed it up however as discussed in the previous charts " once a support is broken it becomes a resistance ", hence our level 2 which was previously a strond support has now become a strong resistance.
MACD shows a loss in...
The chart is showing a lot of positive strength today.
-On a 4 hours chart we can see the price has retested the support multiple time and has accepted it well.
-100 MA is going to cross 200MA to upside which is also a positive sign. Small MA crossing a bigger MA and going up is always a good sign of momentum.
- MACD showing decreasing bear power and should...
Btc could test 📉 58500
if closing sustains above that in hourly then could bounce back to 📈 61600 level
Disclaimer:
It's a personal view not a financial advice and I assume no responsibility and liability whatever outcome arises.
25200 level is imp if sustains then possible bounce to 28300 - 29400
If 25200 breaks and becomes resistance than 📉 📉 📉 17150 ( 21 -28 Sep )
Disclaimer:
It's a personal view not a financial advise and I assume no responsibility and liability whatever outcome arises.
UPCOMING MOUMEMT for btc is a best for and best opportunity. Market is very choppy right now so u can see big move in market watch on eyes on trend line and when this trend line give break its give very good relly in market
What Price Did Bitcoin Start At?
Bitcoin was originally worth next to nothing.
The transaction that first gave Bitcoin monetary value was in October 2009, when Finnish computer science student Martti Malmi, known online as Sirius, sold 5,050 coins for around INR 414.65, giving each Bitcoin a value of $0.0009 each.
The exchange took place on PayPal. That can be...
BTC is still in bearish structure on 1H, on daily it is in the range between 20117 to 18125 and showing bullish signals in weekly, so we can expect a lil down movement to below till 18125
market is in the range and btc created a eq low and on that orderblock there is our demand zone on which btc just landed and made a low on their after taking the above liquidity, so there is high chances that now it can go up!
In previous 2020 starting btc broke the head and shoulder pattern the same way it is doing right now if it broke the pattern downward we might see btc price easily on 37000 or below but as per rsi we might see some good buying in the $40000 zone.
BITSTAMP:BTCUSD
📌 To Trade on This Chart, You Should Have Reversal Trading Knowledge. As Harmonic is One Of The Best Reversal Trading Strategy, But Always Remember That Harmonic Patterns Also Can Fail (there is no holly grail In Stock Market). That's Why One Should Must Have Knowledge Of Reversal Trading To Trade On Harmonic Patterns.
📌 That Dash Line Is Called...
Do you believe that we have a chance to go to the moon? Well, we might! It is all thanks to the proponents of Dogecoin or DOGE. It is a Cryptocurrency that began as a random joke but is one of the top coins today.
We are going to the moon. And that sums up pretty much everything you need to know about Dogecoin. In a way, this statement can be correct. There is...
