Tweaked the CRYPTOCAP:BTC chart. It really needed updating. Fixed the colors too! #BTC is 2 weeks away from the end of what we called, phase 1. In my opinion, it's going to move SOON. #Bitcoin breakdown: The moving avg crossover, yellow circle, is bullish. Cyan circles show bullish signs; RSI above 50 Money Flow is above 0 ------------------------- Bonus...
he price has finally hit the daily resistance DR1 and that triggers my short trade idea from there. I think the price will pullback here towards low timeframe support LTFS1. Therefore LTFS1 is the target of this short trade. Lets see where it goes from here. Let me know what you think in the comments.
In this chart the series of Lower High (LH) & lower Low (LL) breaks with the Higher Low (HL) and we observed a clear inverted head & shoulder Pattern on the one day time frame which indicates that it will move to new Higher High (HH) at 73000 price point. Entry = 66000 TP = 73000 SL = 58000 Happy Trading
Daily Chart: Bitcoin is re-testing the pivotal resistance zone around $66,741 and striving for upward momentum. A daily closure above this zone could ignite a bullish advance towards the $69,466 resistance. Escalating past $69,466 is likely to result in the new ATH above $72,715. A rejection of $66,741 could signal a bearish momentum, exposing the $61,671...
On Monday, we outlined a neutral trend of a lesser degree, as implied by the daily chart. In addition to that, we observed a formation of the inverted head and shoulders on the 3-hour chart, noting the potential for a small price surge if the neckline was broken to the upside. Interestingly enough, in a broad market risk-on move yesterday, Bitcoin (BTCUSD) rose...
Hello friends, welcome to this BITCOIN update from Crypto Sanders. Hello dear traders, we are new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer all, thank you, guys. moving average analysis Moving Average Crossover: 20-day moving average (20MA) and 50-day moving average...
Bitcoin (BTC/USD) has reacted off the pivot and could potentially rise to the 1st resistance. Pivot: 64,518.28 1st Support: 63,145.82 1st Resistance: 66,831.34 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all...
Price is falling towards a support level which is a pullback support that aligns with the 61.8% Fibonacci retracement and could potentially bounce from this level to our take profit. Entry: 63,451.23 Why we like it: There is a pullback support level which aligns with the 61.8% Fibonacci retracement. Stop loss: 61,331.39 Why we like it: There is a pullback...
Simple trading - Cup and handle pattern Watch gold to see if the handle will be filled. I have marked the probable retracement using the FIBB (purple lines) If gold manages to hold above .618 or 2340 we can look to continue buying. With the DXY making its way back up after testing previous support (104.05) it is only a matter of time before GOLD gets the...
Using a bull bear power indicator as stock script I changed the settings to volume and found the following to be true: BTC is only now reaching green levels of Bullish buying power. Interesting. I've done this for myself and the people that read this who are in distant lands and not of the caliber to be heard. #notadeadend
The trifecta of charts featuring Ethereum, BRK.B and this BTC chart image. The BTC image unlike the others is in buying pressure as opposed to the BRK.B and ETH charts. When changing the time frame of the charts to a month Bitcoin is only just now gaining in the Bullish green zone and rising above zero. Super summer coming?
The orange line is a same price % scale of BTC overlayed on top of BRK.B. The long term success of BRK.B is harder done than said. The volatility of Bitcoin is hellish compared to so many years of BRK.B succeeding including stock splits to keep the price down. If marginal shares were available to all people where a person could invest any amount of money they...
Are you getting bored yet? Another week of chop has elapsed, and in short there is not much else to say on the surface. BTC took out it's previous weeks high and then retraced roughly half of the progress made, filling the FVG left behind by the local move up and creating our range low for this week. As it so often does, the range perfectly shows the levels of...
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#BTC had a nice run up and currently facing a resistance at 66676$ 1. For bullish trend continuation we should see BTC breaking up above the resistance at H4 , in this case the price will pump until next resistance zone at 70887$ . 2. Otherwise, high chances to see BTC testing support zone at around 64482 - 63474, where we can look for long position. 3....
A few months ago I was thinking that BTC was going to develop wave 5 towards 180K. But this behavior is not very encouraging. I have this alternative count in mind: A more complex wave 4 where this top is wave B, and we will see a C wave down to have an ABC flat pattern to complete wave 4. We shall see
Bitcoin at VAL - Buyers Must protect it or ... Buyers must protect such are because if they fails to do it - price would drop out of value - which would be a confirmation for a down trend in a video i shared ideas that i would trade on BTC
Bitcoin (BTCUSD) started to rise again, which is very natural as it almost completed a -25% correction (normal during Bull Cycles) and closed yesterday above the 1D MA50 after two straight rejections. The situation couldn't look better on the long-term charts as well, namely on 1W where it is at a cyclical stage (ellipse on the chart) where during past Cycles it...