6000
BTC TO 5500Hello lads. BTC is most likely going to 5500. I am not sure as to why people keep thinking 6000 will hold. 6000 is not support. BTC overshot the parallel channel from 3k to 14k. BTC will probably do the same to the downside. On the way up from 3k to 14k, BTC did not respect the $6000 dollar range. So why would it respect the $6000 range on the way down? Food for thought. BTC respect the the 5000 to 5500 range. Set your buy orders in that range with a 5% stop loss. Thank you.
- TRUEPXTRICIXN
Just as I predicted - Whales want out of Fools GoldThe big 40% pump in a few hours by the whales has all been faded, as predicted. It was all a stunt to get the little bitcoin bulls excited to unload their bitcoin at a higher price. The whales totally control this market and they want out of the fools gold. Of course you already know this if you saw my last bitcoin update. We are in the process of forming a lower low below $7300. The levels to watch are $6000 and $5500 for another bear market rally to form a higher low below $9500. As stated before bitcoin is going to $1000.
BTC TO 6000$+ or Major crash ? ALT-COIN ready to BlastHi guys, Hope All are you well. I am sorry for being late. These days I was hunting Market. Ok< Lets talk about main topic.
If your search BTC.D on Tradingview , You will get a chart of btc dominance calculated by tradingview. I will attach a PICTURE too here
So, As you can see here we reached Btc-dominance of 58.18, for me I think market will reject the level and we will reach Dominance support at 55.86. If this happen we will see huge growth in ALT_COIN ( Approx 1.5X--2X ) In this mean time Our market-cap should increase. If dominance are decreasing and market cap not increasing we will see approx 700$--1000$ drop in BTC. But if dominance deceasing and market-cap increasing we will see healthy growth both in btc and altcoin.
Now what will happen if Market cap does not increase and dominance still continue increase ? The next resistance for 61.51 if we reach there you will see btc stable near 6000$ but altcoin will crash heavily( Approx -40% ). Why ALTCOIN crash when BTC dominance increase ? Because the rest amount in ALTCOIN get out from ALTCOIN and come to BTC. Hope you undersstand.
Stay tune....I see you tomorrow
There might still be some fuel left for the Bitcoin bulls!The recent price action of the bulls defending support levels both in the Ascending Triangle and in the daily RSI show us that we are probably going to test the 5800-6000 level (forming a bearish divergence at the daily RSI ) before a big correction (I expect at least 20% from the top in this case).
BTC long @ 6000/6250 -> 6849I think Bitcoin will be heading up again soon, after testing the 6000/6200 support creating a buy opportunity. I strongly believe yesterday's dump was coordinated by one or a few players. I'm looking for a long in the 6000-6250 range. If you can scoop up some below 6k I think you would be lucky. A closing candle below 5800 could mean we will be heading to test 5000/3000 support. In general when BTC moves, alts move. Trade with care, I could be very wrong. We would dip below 200B market cap to quickly recover above it.
BTC mid 6000s stil in playThis is the same chart as published previously and I believe mid 6000s could still be in play. Just a slightly longer timeline than originally proposed. June 6th is over and we did not double bottom....yet.
Will it play out? Let's find out! What are your thoughts?
Not intended to be financial or psychological advice.
Think YOU ALL NEED THIS more then me!Great news, yesterday my followers made 30%+ On Alts! We also had instructions to prepare for this! Cash is King Is here for you with instructions to earn cash! We see everything coming 3 steps in advance!
This chart is colour coded so its easy to read.
Let me run you over it, red line at $7693 is our next support down we are bouncing on this now…….
Blue line is the start of the BUY ZONE and the purple line is the bottom of the buy zone. This range is $6,952 and bottom of $6655. This area is shaded in red.
You don't have to sell and rebut BTC I am not I will hold through but I will probably buy more BTC while we are down there but I won't be risking shorting my own stock I hold as its too much of fast action down there I am a relaxed trader and don't like the hype I just like the cash.
The purple line is also your .786 fib which is quite a strong support and we may not even cross here for more then a few minutes.
The black line at the bottom is the famous $6,000 bounce zone somewhere we would hit and bounce back from at some world record speeds.
The yellow circle above the last 6K crash is something very important to have your eye on these are the previous closing prices after the 6K bounce and this is at the top of our buying range, very safe position to enter, not the lowest but you will get an easy entry.
The Green lines at the top are targets that within 10 days will all be beaten, once we cross the top green line at $9495 This is also the .618 fib this is a very safe zone.
This entire event is good for the market we have lost $500 billion dollars from the crypto market you imagine how many billion dollars will be pouring in for the cheap BTC.
I did a post 2 days ago saying 40% sale off BTC and I got loads of messages saying what a silly post it won’t happen, I would just like to add it’s not so silly today is it. Some of these people are in denial thats cool with me.
Now all my followers 12 hours ago we set tight stop losses on all our trades, well thats the instructions I sent out. The reason for this is we have been making 30% a day on our alt trades successfully being the only or very few people posting alts trades and having 100% success we protect our profits.
If you want to trade with Cash Is King please do we make money daily regardless of whats happening with BTC and if BTC crashes I can guarantee that if you follow my instructions when alts drop you will still sell at a profit on your stop….. Stop losses go above entry.
We buy low and sell high in all markets.
Cash Is King, hope this chart hopes with targets and levels, for me BTC is background noise I will still be trading and making cash! I seriously think your all great and I want to be great together!
I love cash and want you to love and earn it with me!
By the way if you’ve been earning with me and profiting drop a comment below :)
Peace out Peeps.
BTC to 6000 / Daily Candles (TK Cross and Fractals)Piggybacking on @FatihSK87's observation about TK 0.33% lines on the daily. Overlaid some fractals onto a chart and called out the TK 0.33% crosses, including the one that is pending that we could see soon. Once we get the cross, it could kickstart a hard drive up to 5K, a new ATH 1.29% , and 6k.
Maybe even beyond.
– @BrightGoldCrab
Keep care! Chinese manufacturing PMIThe Chinese manufacturing PMI will influence the market direction. If the PMI will be lower then the last time then we will have a breakout above the upper side of the triangle. The volume should increase around 28.11.2016. If the breakout to the upper side of the triangle fail we will retest the 4600-5800 yuan support zone which is also at the 50% Fibonacci retracement. RSI perfomed a bullish bounce, which indicades a bullish breakout by time.
