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Bitcoin Stop Loss Hunt... Or Bearish Downturn?Good afternoon traders! This is why you don’t long into resistance or short FA bullish. For the last 3 days I have insisted we stay flat and I’m extremely glad to say this is the only bitmex group root :tm: Bitmex Gains that has not been impatient to get into any plays that are clearly not there. And still if you didn;t join the group message me and i will help you out over the Telegram @SID_CySec I have been uploading daily analysis and market breakdowns for what the current market sentiment in premium while staying flat. If you are in a bitmex group that has been calling plays the last 3 days, I recommend you see yourself out of that group. They do not care about risk management and your capital.
BITMEX:BTCUSD.PShort
by God_Of_Profits
BTC Positive. Bull charged.Everything looks positive right now for BTCUSD as far as the technical indicators go. Beginning of "E wave". (ABCDE) 50day MA about to cross 100day MA. MACD turns bullish (Orange crossed blue). RSI uptrends. 8900 and 9800 are important levels to keep an eye for in the next few weeks. 8900 if broken confirms long-term bullish signal. (By 16-20th June) 8900 if bounced 5400 is in range. (By Mid of July) 9800 if bounced down can result in short-term correction. (By 2-6th July) 9800 if broken prices can reach ~12250 (By Mid of July) Thanks for your time. Happy trading. Personal Request. Hi guys, I am a crypto enthusiast and a Data Scientist(underpaid Indian) I have been active in crypto space since last August and I have been active on tradingview for more than 6 months now. I have recently quit my full-time job to pursue my higher studies which starts in September. I have been struggling with my finances required for it. I kindly request you all if possible please do make donations to support my education. Every drop helps. Please do make even if it is as less as a dollar. I am in a shortage of about 3700 Euros. You can reach me at sandeshgds@yahoo.com Thank you and I promise to post technical analysis and share my knowledge atleast once every week. Please accept my apologies if the above personal request was inappropriate. Donations: BTC - 34kiRPBp6pa71NUmr8NUfKuTqZk6fZPjHm ETH - 0xbacc83435b5576683fa151b6b794287fdf98a80e LTC - LWoRHbfL4CGgmeBQ1cMjsWFwthECKbtWWW This analysis is solely based on my knowledge and understanding of the market and not to be considered as financial advice.
COINBASE:BTCUSDLong
by Kingler
4
End of Consolidation. Next cycle underway.It was a crazy run downhill for Bitcoin this year. Most people(New investors) thought this could be the bubble and BTC will stumble and bleed. Things like these are said and proven false for over and over again. Especially, by the important financial figures out there. Looks like this is the end of the cycle from accumulation to crazy momentum uphill. Recently, BTC has failed to breach $9800 fib. But, A sweet triangle has formed and it is also the end of D wave (ABCDE wave). The Bull run is imminent at this point in time and the next cycle is about the get underway and the time is ripe for the new investors to step in. With the amount of attention crypto has received lately next cycle will be massive. However, There are 2 possibilities going forward. 1) It can drop to $7800 mark again and the steady rise follows it. 2) As it has already shaped up with 2 green candles straight could see a day or two of red and rise after that. For both the cases. We could see the top of around $12250 - $14260 in a matter of 10-15 days. Happy trading, Thanks for your time. Drop a like if you liked my analysis. I accept donations: BTC - 34kiRPBp6pa71NUmr8NUfKuTqZk6fZPjHm ETH - 0xbacc83435b5576683fa151b6b794287fdf98a80e LTC - LWoRHbfL4CGgmeBQ1cMjsWFwthECKbtWWW OMG - 0xbacc83435b5576683fa151b6b794287fdf98a80e This analysis is solely based on my knowledge and understanding of the market and social network patterns and must not be considered as an investment advice.
COINBASE:BTCUSDLong
by Kingler
3