Bitcoin Inverted Head & Shoulders Setting Up? $4,309 26Aug17 Are we seeing a start of an Inverted Head & Shoulders? Resistance remains at around $4,440 (potential neckline) Expecting a pullback to at least $4,000 from there we will see... Sean Vengan Professional Cryptocurrency Trader and Trading Educator
BITSTAMP:BTCUSD to test 4500$ very soon . Technical BREAKOUT on this crypto currency ..
BitcoinUSD BITFINEX:BCUBTC Retraced from C that is 2.618 of AB . Is Correcting for possible Demand zones of 50% -61.8% fibonacci retracement of BC . But need to wait a while for clear reversal of this correction from 3000 $ Levels. As per Dow Theory , Trend is Intact , till there is a clear reversal .
Seems like BTC just had a breakout from the .786 Fibonacci retracement. Might hit $3,000 by the SegWit2x lock-in.
As the interest in blockchain continuously grows more and more people getting interested in cryptocurrencies. Bitcoin is bound to hit all time high as it is basically the Apple of Cryptocurrencies. Bitcoin after the market day out is again rising at a steady rate, People should start investing as soon as possible as soon it along with litecoin are gonna skyrocket....
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...
BTC is on the verge of making a historic run breaking the 2000 USD psychological barrier with an expected high in the 2200 USD region before a consolidation back to the 1600 USD region. There is expected to be a huge influx of 'New Money' coming into the Crypto Sphere.
BTCUSD just broke out of the symmetric triangle pattern Target 1160 SL 1018
Go long on BTCUSD Target 1000 (Target can be 1040 with trailing SL) Tight SL 939
Its look great idea to invest in crypto currency. I just done background research and its worth look at it once. supports levels: 770 and 460 Resistance level 1140
After over a year of a bull run and 3 distinctive impulsive waves up we may be at the top of the ABC correction with the A to B bull trap run at 1000 closed all longs at $1000 from $930 breakout sitting in neutral position until weekly candle prints above $1000 could mean more upside below $1000 I would look for short opportunity and consider going all to fiat...
Bitcoin CMP - 896 Here, I have drawn the important lines. Now trade their support, break and retest. Have a specific strategy of position sizing and stop loss which suits your trading plan. Personal suggestion - After entering on a signal candle, exit the trade when 2 more candles are formed, the close of it, that is, 2 hours. Thanks.
Long BTCUSD as prices have been consolidating after a significant fall, current mkt price is below the 20 day simple moving average, and a break of the 609.35 level can lead to somewhat of an upward move