BTC / USD Previous MACD crossover has produced 36% return. MACD crossover has happened now. Expected level around $15000.
BTC - Charts reveal a retest of $ 11,000. 1 hour chart 1) Reverse Head & Shoulders pattern formation. 2) Price well supported by 200 period ema. Has crossed past 30 period ema.
Bitcoin pitchfork We could see Bitcoin bounce from resistance at +0.618 line in the upper half of the pitchfork
evening star is one of the powerfull japenese charting techinque . 1st day ndcale green 2nd day star + DOJI which shows buying pressure is reducing and 3rd day red candel penetrating in 1st candel showing selling pressure is taking over the buying pressure. levels shown in chart
Sell BTC on parabloic breakdown,CMP 7200 Target 4500, SL 7800
Bitcoin(6398): As suggested in previous post negative divergence visible. Closed @ Rising wedge support Going forward Immediate support @ 6300, break below with volume will witness further profit booking upto 6000-6100 levels. Till 6600-6850 is not crossed lower levels of 6000-5600 is likely to come.... In case 6300 holds bounce will be upto 6600-6850...
0.618 is an important level. It found support at this level last time before it began the upswing. Will it find support here this time?
I am not looking at trading out at the moment, but looking to see if it'd hit the resistance between 7952 and 8075?
If BTC climbs over $7300 - new bull run up. We need to look at volume.Big green candle looks bullish though.
Break below 6900 will open for further profit booking upto 6500-6600 where buyers will try to take control with rising wedge resistance turning to support now, also 23.6% retracement of 2970 to 7600 coming around 6500
Honours 150 EMA support & jumps about 80% from there...next impulse could take BitCoin towards $ 8000 by end of 2017.
BTCUSD Inverse ascending hns setup breakdown or breakout??
1st lag- hike from $1000 to $3000 mark followed by 50% retracement as shown in chart. retraced level $1900 2nd lag- from $1900 to $4900 which was again followed by 50% retracement. retraced level $3100 current lag from $4900 to $6590 but their is a negative convergence(see chart) which i believe can be the start of the corrective phase in coming days.
disclaimer: viewers are advised to trade at their on risk. . Positional trade steup Btcusd formed a nice CUP & HANDLE pattern on hourly time frame. breakout was confirmed with increase in volume & surpassing crucial pivot line. buy @ 5810 - 5860 target 1 = 5999 target 2 = 6181 target 3 = 6419 sl= 5680
COINBASE:BTCUSD AB=CD pattern is almost done in BTC/USD in daily candles. $6300 area is where "D" wave ends. But BTC may see 1.618% extension of Fibo i.e near 6800+. Satying neutral here & just watching price action @ these levels. Next immediate resistance is 8000 (2.0 of Fibo ext).
BTCUSD is set to test 6000-6100 $ , if reverses from demand Zone
Short Bitcoin below 4320 T1: 4260 T2: 4225 T3: 4150 SL: 4360
Shrort BITCOIN at CMP(4300) T1: 4100 T2: 3820 T3: 3700 SL: 4410