Let's take a look at Bitcoin weekly... Our analysis while looking at the weekly time frame/scale; one week per candlestick...
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Bitcoin Weekly Chart Analysis by Alan Masters
Brown dashed trendline:
1) First, let me call your attention to the dashed brown line above. This...
This idea contains the buy and sell signals of xbt/usd in 15min chart.
All the buy and sell signals are delivered by our MAGIC indicator.
This indicator helps you to trade according to the market trend.It means you will get both short and long term signals in one indicator.
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Bitcoin läuft derzeit zwischen zwei Key-Levels - Weekly Open und Monthly Open. Bestätigung des Monthly Open wäre ein bullishes Anzeichen, Abschluss einer Kerze aus dem Higher Timeframe über 10.9k wäre noch bullisher.
Bruch vom Weekly Open wäre bärisch und könnte wieder Richtung Supply & Demand Zone bis zu 9.3k führen
xbt long around 8145 if breakout occur above the parallel channel with volume, next resistance is 8300 and current support is 7550. but we take short term entry now with strict stop loss around 8020. use trailing stop loss if price is going to above the buy price and sell near about resistance zone.
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Currently showing reversal from 0.618 fib level . May break the 0.618 level and retrace upto 0.786 level if break break below that then wave scenario fails but most probably not break the 0.618 level
TAKE ENTRY ABOVE 8200 LEVEL
T1 - 8400
T2 - 8520
3200 dollars is the greatest support ever existed, Currently, Bitcoin is trading near 8000 dollars and a breakout above 8k dollars can take BTC to 10k dollars which is major resistance. We need to break 10K dollars with high volume for bullish confirmation.