Good morning ladies and gentlemen and welcome back to my daily look into the crazy world we call Bitcoin. Today I have the 4hr time frame pulled up after retaking some support lost over the last week. We will see the weekly close tonight in around 9 and a half hours or 10 and a half. That daylight savings time always messes me up. Regardless of what time the...
Good morning again ladies and gentlemen and welcome back to my daily look into the world of Bitcoin. Today I have the 4hr time frame pulled up after rebounding a bit yesterday. I saw a few reasons for that and one was quite interesting. More on that in a few. The bulls have drawn the line at 17600 and told the bears that is as far as they can go. We have started...
What we saw recently for Bitcoin (XBTUSD) was a fake breakout. Prices moved above support just to quickly fall back down. Our previous view/analysis remains valid. Prices are now trading below MA200 and also below the purple trendline. Additional information: Thanks a lot for your continued support. Namaste.
Net short but going to ditch the short on successful breakout of 9500 and potential retest! Hedged for now.
BTC-USD Breakout Coming.... ( Short )
We are of the same view here with Bitcoin (XBTUSD) printing a lower high and now closing below EMA10... Prices can drop lower. The immediate support is sitting at $9333 or EMA50, this is the next level to look at if Bitcoin moves lower. Followed by $9174 or MA200. Additional support levels are marked with blue dashed lines. The immediate resistance is now at...
This is 100% original content/analysis... Please hit LIKE to support this post. So, what is going to happen next with Bitcoin (XBTUSD)? Now I share analysis of the EMAs that I learned through experience... Here is the sequence: 1) XBTUSD (Bitcoin) breaks below EMA50 on the 9-May, by the 13-May XBTUSD is back above EMA50. In this case, EMA200 was hit (brown...
Here we are SHORT now with XBTUSD (Bitcoin) and we are going on 8X... Let's have a quick description of the above setup. 1) First, we have the higher low which we mentioned in previous articles. 2) Prices are now trading below EMA10 and we have decreasing trading volume, going lower and lower. 3) A recent rejection of prices while they tried to move and close...
Here I've mapped the Bitcoin (XBTUSD) chart for you. First, notice the trendlines... We have a lower high. EMA10 being challenged as support. Indicators trending down. Bounce completed. This setup can easily lead to lower prices. Make sure to have a plan if you decide to trade. This is not financial advice. Namaste.
TD Sequential green "9" on a daily time frame. Worked like a charm during the last 10 months. The price is still growing though, so the confirmation is needed. Not a financial advice.
Bitcoin (XBTUSD) continues with a slow but consistent recovery from the strong mid-March drop, prices hit EMA50 ($7302) today. EMA50 is an important level in the daily timeframe, breaking above it can send Bitcoin higher up. Right now prices continue to increase but the trading volume is still low, so we need to be cautious as things can turn fast here with...
Bitcoin Dropping (Short-Term) Bitcoin (XBTUSD) recently closed below EMA10 and now also EMA50 has been broken as support... With this break, prices can easily move lower and hit $5660. If $5660 breaks (red arrow), then prices can go even lower and hit $5250/$5300 short-term, depending on how this level is handled we can look for the next move, at that time we...
Bitcoin (XBTUSD) just produced a higher-low compared to late January and is starting to show early signals of a bounce... Let's take a look. 1) Marked with light blue we can see the higher low (HL). 2) Prices are now trading above EMA10. 3) The RSI is above 50. 4) Prices are starting to move higher... We only need some additional volume to confirm this move. ...
XBTUSD (Bitcoin) is now trading below MA200 and EMA200 on the 4H Timeframe, signaling that the bears are now gaining control. Prices have been slowly dropping since a peak was hit on the 13-Feb. There is the possibility that this becomes a strong correction, the biggest one before the halving but this is yet to fully confirm. So far we have a normal retrace and...
Our 2 buy orders at 9750$ and 9550$ were filled. This is the best opportunity to accumulate more BTC to catch the big Altcoin season. Here is our plan - If you just want to trade BTC/USDT, BTC will back to above 10000$ in next 2 days and will try to test 10500$ zone - If you want to earn money effectively in this period, let you give BTC a safe range above 9000$...
XBTUSD (Bitcoin) is now looking full bearish with multiple bearish signals in the making... Let's take a look at those: First we have a break of EMA10 and EMA50 as support. Prices are now trading below this level switching our potential from bullish to bearish. Bearish cross between EMA10 and EMA50. Bearish RSI, trending lower. Bearish MACD. Monday's...
$BTC Latest Update 🚨 ( ZOOM - OUT ) 1 DAY BITSTAMP:BTCUSD As we mentioned Before when $BTC was at 7000$ that will Go around 9200$ for sure & We touched Nearly around 9200$ & bears havely dumped it for around 8550$ ( formed Rising Wedge Pattern in 4 hrs ) If not be able to holds above 8600$ than we expected to comer down around 8000$ - 8200$ in any cost for...