Bitcoin / U.S. Dollar BTCUSD

Expecting a pullback before another fall in BITCOIN

IF BTC NOT BREAK 12K THEN BTC CYCLE WILL BE DONE AS 4 YEARS CYCLE, as matched with 2012-16

disclaimer.... not an investing/trading recommendation

BTC ELLIOT WAVE GRAND SUPER CYCLE

Midterm forecast: There is no trend in the market and the price is in a range bound, but we forecast resumption of uptrend. Technical analysis: . The RSI bounced from the support #1 at 26 and it prevented the price from more losses. . The RSI downtrend #2 is broken, so the probability of resumption of uptrend is increased. . Price is below WEMA21, if price rises ...

Midterm Forecast: While the price is above the support 4966.90, resumption of the uptrend is expected. We make sure when the resistance at 8200.00 breaks. If the support at 4966.90 is broken, the short-term forecast -resumption of the uptrend- will be invalid. Technical analysis: The RSI bounced from the support #1 at 26 and it prevented the price from more ...

If BTCUSD forming using three drives pattern then we will go for downward support

Hello Traders, After the rally to 20,000 and a deep correction, completed Wave I and Wave II of Bitcoin and potentially started a new wave of which Wave 1 and Wave 2 is potentially complete, which then makes the next wave which is going to start soon or started just now Wave 3 of Wave III which is considered to be the longest and fastest Wave.. And given the ...

We have a move form 6500 with good increasing volume, i am looking forward to a test of 8800, which would be a good short entry. Conditions for a short entry: Move should be low on volume. Bearish div will form on daily rising wedge will form Entry: Look for entries around 8150, with 7980 as SL

Currently BitCoin has started to show up Signs that it might crash back to $1150 very soon. Their are couple of patterns in charts that i look for which are probably best for reversal indication and they are forming up in higher time frame charts of bitcoin. but there is more.. 1- BitCoin Has recently broken above a long term curve at 1500, but there is very less ...

Creating another short position here after 6k target reached. 5500 target. Very strong 4h bottom BB band breakout through the tightened squeeze. Breakdown on the 1D chart looks imminent with 5500 lower BB. Confirmation of the breakdown trend shown through low RSI, MFI, and volume levels. 1W outlook: lower BB hits 5100. Also compare also with ichimoku cloud. More ...

If BTC going for 4th wave then we are in bear market till march 2019 as 4 year of cycle

FOREWORD In this thread, i would try with the best of my knowledge to explain the following questions as easily and briefly as possible. 1. What is a support level? 2. What is a resistance level? 3. What is their importance? 4. When and where to place Buy/Sell orders? INTRODUCTION Support and resistance levels are a critical part of trend analysis because they ...

Short BTCUSD between 7700-7800 T1: 7250 T2: 7050 T3: 6800 SL: 8010

We shall not regard bitcoin as a special one. In that case, even if it change to uptrend, the range is included once. If the current situation is that part, Currently I think that we can look at Long: Short = 50: 50. Most recently, I aim at trading using MPP (R1). << tactics >> When MPP (R1) 7613.0 functions as a resistance line, short entry is done. The ...

i think a short term bull run is near where the highest price it can go is 7755 dollar , not more than that,and then it will fall again. the current support level is 6111 dollar and a better support level is at 5700 dollar as per my analysis, so btc will not go down below 5700 level for sure. i have done this analysis using trend lines , support levels , and fake ...

with favorable indicators favoring a bull confirmation

Was the reversal signal based off yesterday's hammer confirmed? On our 1d chart: MACD crossing incoming, potential hitting of our last E Wave mark, low RSI, low MFI, low volume, STOCH RSI near 0.