BTC/USD more upward movement with a risk of bearish divergenceseems btc/usd keep resilient and get a support from 20 EMA as a trajectory after fall from recent rising wedge pattern.
indicators giving a slight shift into buy trend though keep in mind the volume is not so convincing as it's will start a rally, yet.
in order the rally will continue, volume plays an important part as to avoid a clear divergence between price and indicators.
green: bullish
Red : not so bullish
though some pattern that concern me is a possible H&S, triple top, ascending broadening wedge in near future.
or might be just a bull continuation flag
or bart head movement.. lol
please take this idea as a grain of salt as reality always differ from what i expect as this post merely just an opinion.
and please feel free to share what your thought on comment section.
peace.
Beginner
Fractal pattern before 2015 and 2019 LTC/BTCOn 6 august 2019 is a date to keep in mind for ltc holder to expect for upcoming 2nd halving hype, approximately around 98 days to come before it happen from the time i write this post., it is the event when mining fees become reduce into 50% in every 4 year for ltc - may different with other crypto - to increase its scarcity more valuable and avoid inflationary supply in the future...
This is 25 august 2015 chart when 1st halving approaching ;
Somehow the price is rising prior the halving event month away before the acctual halving do happen..
let see what recent chart for 2019 halving chart
if it's combine.. we will have a look like this chart..
well, it's not so similar but keep in mind the indicators is almost looks the same way before it's actual halvening happen.. but we will find out about 2019 halvening later.
anyway.. set aside from all this fractals for a while. for the recent chart, all i can said is if 200 EMA didnt broken. we will be fine and vice versa..
important level to watch : +- 0.121 satoshi
from indicator prespective, i think it will test 200 EMA soon or later in my opinion.
please do take this as a grain of salt as this merely are my own opinion.. please feel free to share what your thought..
peace..
XLM/BTC potential plunge downward??doesnt looking good for Stellar/btc as the btc keep rallying/btc dominance rising..
broke a longterm trendline is a bad sign for str/btc ..
though the indicator is flashing a good buy. in term of past support/resistance..
Stellar didnt have much support nearby.. the nearest support saddly around 1500 satoshi..
but we will see what happen...
Overall View for Total Market Cap Excluded BTC Still following a trendline (yellow line) after being overbought past few weeks ago. let see if the trendline can hold the 2/1 line in the future..
Still in bearish area.
Still have more room to go down in my opinion,
please take this idea as a grain of salt and feel free to share your idea..
peace..
Last line of support in ETC/BTCif it cant hold around 0.001 satoshi... expect downward into the unknown as there are not support below that level and it's look bad for recent chart.. it did create a higher high slightly but still creating higher low..... create a double top formation.. if this price action do broke down,
hypothetical support based from double top formation would be around 0.00055 satoshi.. we will see what happen.
Please feel free to share your thought about this chart.
peace
LTC/BTC will it hold above 200 EMA ? After broke a recent price channel. it seems the price action trying to test 200 EMA around 0.012 satoshi.. let see what will happen when the price action try to consolidate around 200 EMA.
Indicator mostly remain in bearish area and still continue dropping in price. while stochastic RSI is bottomed yet still a possibility a minor rally before a continuation into retesting 200 EMA.
please feel free to share what your though..
peace.
ETH/BTC is in Position Either Hold or FallIt's already broke a long term bullish trendline from wayback december 2015.. after being rejected 200 EMA, The price action going downward eversince and death cross is already in play. Volume also being decrease every single day which something major movement will happen.
in present they are testing the support around 0.03 satoshi which will define it's future if it's could bounce back and regain it's ground above the trend line or risk a dumpage in price around 0.025 satoshi as the descending triangle pattern do play out....
please feel free to share what your thought..
peace,
My Concern for BTC/USD rallyDont think a wrong idea about this title and please do take this as a grain of salt. Please, also dont think about this post a 'rant' as i felt left out by not buying the previous price dip as the fact that i already did accumulated BTC around january 2019 if the price did rally upward to the moon and i dont mind it as my BTC will be a rising in value over long term.
I do love the the rally for BTC/USD as it's will affecting most cryptocurrency in future price. I'm sure anyone to see the price rising for any crypto we hold or we believe in - except for short trader and tethered crypto - .
First of all. let see overall BTC/USD chart.
Now i draw important point support/resistance from the past history of of bitcoin. May not be accurate but you will get my point.
*red dot = resistance being tested
* green dot = support being tested
BTC chart at 2013
BTC chart at 2013-2016
BTC chart at 2017-present
There's upcoming resistance being tested in future before start upward into moon. With a high probability it's going to be hard to break around 6k-7k level without any single retracement to form a higher low.
There's many sign of bullish pattern such as descending triangle already executed, MACD begin to switch into buyer momentum for a short time rally.
www.tradingview.com
If the rally keep continue. it would be great if accompany with a massive volume that higher from previous highest volume level. in order to avoid divergence between price action and the indicator as it's a sign for trend switch into bearish or bullish, in this present case, could switch into bearish trend.
RSI is being tightening with a continuation trend line and level 70 within RSI, momentum into upside movement become limited and higher change for each rally in price create a divergence or overbought territory(above 70) which prone into a retracement or slow upward movement if the rally keep continue.
[https://www.tradingview.com/x/jx1X0rWT/
This recent Indicator must be familiar to you as this weekly Stochastic RSI already in the rooftop. i know it's not a main concern for a while but i do fear the afterward effect here's recent stochastic level on the weekly.
in the end, i didnt know how the future price action will be, It can be just rise up higher and with high probability a devastating fall/retracement will followed soon.. i just provide information that being as a main concern for me if the rally didnt pause or atleast retrace to find a higher low in price action for a sustainable rally toward to moon.
Expect alot volatility when price approaching the 6k-7k level.
please feel free to share your thought and i love to hear a feedback about this topic as i'm still beginner.
peace..
Overlook for Total Market Cap ChartFor TOTAL, it's been a bullish trend lately, volume is rising,
from stochastic RSI it's pointing upward from oversold condition ;
from RSI it's still manage to hold 70 level RSI and it's seems try to get abpve 70 level again
Although MACD seems supressed in seller momentum despite the total market cap increased
OBV still indicate a continuation of the bullish trend and also a bullish divergence is sighted
EMA 50 + EMA 200 almost crossing each other (golden cross)
please feel free to share what you thought..
peace
My Outlook for Crypto.com/BTCMost of my Indicators are flashing overbought and the potential resistance and support in near future... if it's correction do occurs. i keep an eye around 0.682 and 0.5 fib on fibonacci fan as if the trend is following the previous retracement from 0.5 and continue it's bullish momentum, if not following the fibonacci fan.. i keep an eye for a potential support from horizontal level potential support.
peace..
Using Fibs and basic indicator for STEEM/BTC After it break the channel from 9k satoshi,
followed by latest Fibonnaci Spiral. acting as a potential support and upcoming resistance.
So far it's pretty bearish movement for Steem/BTC with Fibonacci resistance fan after being rejected by 200 EMA but looking at Indicator such as RSI, Stochastic RSI and Macd seems give me a signal that it's a good time to accumulate.. notice a small buy momentum begin to appear in Macd and lower level of RSI also Stochastic RSI.
will it hold 8k satoshi line or fall further toward 7k satoshi? who know what might happen especially if the crypto that didnt have big liquidity as top 10 cryptos anything could happen, especially during btc dominance is rising could affect most of alt-coin , in my opinion it's a good time to accumulated toward this level.
please feel free to share what your thought/idea about Steem/BTC.
peace
BTC/USD potential swing momentum/ resistance and supportUsing the fibonacci spiral and retracement i find out there's a upcoming swing while price will approach the yellow fibbonaci spiral, If i draw correctly it will be interesting it will happen..
please do share what your thought about this idea and let me know how i draw fibonacci spiral as i am also learning how to draw with it.
peace
BTC/USD Bullish and Bearish Pattern in the Same PlaceIn 4 hour candle.. interesting where this price action will go... either drop in price action and form H&S and more confirmation for descending triangle to form or continuation of ascending triangle while there's also a possibility to form a rising wedge... or side way between support (5k ) and resistance (5.3k) channel.
Hmm.... please share what your thought about your chart/idea.
peace
BTC/USD Still going upIt's seems still moving upward in price though volume is decreasing and it's moving within the potential rising wedge area. or simply just test the resistance and sideways along resistance or fall toward support +-5k.
reason is for personally for me is the Stochastic RSI in the moment is able gain it's momentum in order to push the price higher..
RSI and MACD seems show a possibility to go up again
Ichimoku Cloud seems fine in bullish area so far..
also 50 EMA and also 200 EMA begin to crossover in not so distant future creating golden cross. interesting to see how it's play out.
keep in mind also the BTC/USD short is in lowest point since 2018 and ready in strike at any moment if the btc/usd show weakness.
please let me know what do you think..
peace.
Moment of truth for BTC/USDOn closer look. there's not a signal to confirm to enter a bearish trend. yet....
Macd is already clear it will crossover between buyer and seller line for bearish trend that ready to occur.
though it's a great support within 200 EMA + 20 EMA is will be a hard line to break, my indicator is already tell that change of trend will occur at some point..
MACD
STOCHASTIC
RSI
www.tradingview.com
Could the price action can escape from the jaw of bear? or it can perform a miracle by bouncing from 200 EMA and resume it's bull trend?
We will see how this is plays out...
my support line that i give an attention..
hard support around 200 EMA +- : 4750
minor support around 50 EMA +- : 4350
previous support +- : 4150
please share what your though as i also eager to learn about your idea..
peace,,
STEEM/BTC Broke the channelAfter being rejected by 200 EMA and broke the channel in my previous chart. it's clear a prolonged bear trend is continue + broken trend line that already established since december 2018.
using ichimoku cloud Stochastic RSI, RSI and Macd is also continuation of downtrend while ichimoku cloud still not closing in into a bearish cloud/trend yet and stochastic RSI is lower level, there's expectation for some minor bounce in near future to test bottom channel level and if possible to get inside and resume the continuation of the movement within channel..
i keep watching 2 support line at ;
- 8200 satoshi
- 6500 satoshi
while EMA 200 closing in toward the 2 support line.. i expect a major move either way to downside or upside in couple of months...
BTC/USD SHORT Bullish Divergence ?? or Descending Triangle ??i dont to often see btc/usd short chart but in this current time it might be a good idea to have second idea that against majority current market right now, which is bullish..
also the current Macd; seems have positive signal to long. only need a significant buyer volume (or short) to justify good entry to short.
and RSI currently neutral. nothing interesting..
please share your thought what do you think about this idea.
peace
BTC/USD Bullflag and what i think the afterward price actionHello,
If the price action keep persisting the bull momentum and the bull flag is in play... i think it will come into meet with a high resistance around 6k area and i think there will be a high possibility of retracement into support area provided by 200 EMA to test it's a valid support for continuation of bull momentum (around 5k) ; the reason for me is the all indicator i have beginning to shift into sell momentum..
please take this idea as a grain of salt as i do love to hear what your thought or chart.
peace...
Quick Shorterm outlook for XRP/BTCit seems already breach the bottom line of descending triangle.. if it's still continue. expect price action to move into supports in short term outlook chart
although it seems stochastic RSI still move around the bottom level expect some possible momentum sudden move upward in price action.
support #1 : 7000 sat
support #2 : 6900 sat
support #3 : 6700 sat
keep in mind this is 1 hour chart. i will update for larger timeframe later.
Please share what your thought or share your chart for XRP/BTC
peace...
ETH/BTC would go ?? i see a symmetrical Triangle in recent price action, undecided which will it go. as far i concern is the volume that is very weak.
from the MACD it self
i dont know about you but it's not looking so good for eth/btc price in near future but who am i?? i could be wrong..
if you have something to add.. please leave a comment..
thank you...
Where will BTC/USD go next?Hello,
this is an update from my previous BTC/USD chart
didnt notice a sudden volume spike in less than 2 days resulting into upward price.
while the rally still continue, keep in mind BTC/USD still in bearish trends.
Ichimoku Cloud (weekly chart):
MACD:
Stochastic RSI:
Possible Scenarios:
Resistance #1 : +- $ 5000
Resistance #2 : +- $ 6000
Support #1 : +- $ 4100
Support #2 : +- $ 3100
Yellow Line: Price action could go side way on support #1 then slowly move toward support #2 or resistance #2
Red Line : Price action could go downside to support #2 after being rejected either from resistance #1 or #2, while there always possible sudden rally occur because certain event.
Green Line : Price action go toward resistance #2 and probably will sideway along resistance #2 until it can break toward bullish territory
Please take this idea with a grain of salt, i do love to hear your feedback in the comment section about this idea..
peace.
STEEM/BTC Moving Within Channel rangeAs the Title said, i think it's move to meet it's next touch point inside the channel around 0.00009 satoshi - 0.00010 satoshi. worst case scenario if it's goes down and break the channel in 0.00009 satoshi potential to go down retest previous hard support around 0.00007 satoshi.
hope it doesnt happen..
love to hear your thought about this chart and steem in the commment.. thank you.
peace :))