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Bicoin

Bitcoin is at a critical turning point ... The RSI is in the middle of a climb so that would indicate a possible continuation to the upside. But this could just be us bouncing onto the top of the wedge. What will happen ... it is not clear yet, we have to wait for a clear signal breaking either on the upside or the downside. Looking at the wedge it seems like we should have a clearer view by Monday ... Even some news like Genesis and so on do not seem to have a major impact on the market. So we keep on waiting for a clearer signal. What do you think will happen? Long or Short?
COINBASE:BTCUSD
by crypthal
Btcust Wyckoff Accumulation Setup bull run 14k+ or 13.5k+Btcust Wyckoff Accumulation Setup bitcoin also completed Accumulation Phases A,B, so now we are in Are Of Accumulation Phase C .. our spring Area will be 14k or 13.6k+ after retest we can Buy or hold Bitcoin .. PS—preliminary support, where substantial buying begins to provide pronounced support after a prolonged down-move. Volume increases and price spread widens, signaling that the down-move may be approaching its end. SC—selling climax, the point at which widening spread and selling pressure usually climaxes and heavy or panicky selling by the public is being absorbed by larger professional interests at or near a bottom. Often price will close well off the low in a SC, reflecting the buying by these large interests. AR—automatic rally, which occurs because intense selling pressure has greatly diminished. A wave of buying easily pushes prices up; this is further fueled by short covering. The high of this rally will help define the upper boundary of an accumulation TR. ST—secondary test, in which price revisits the area of the SC to test the supply/demand balance at these levels. If a bottom is to be confirmed, volume and price spread should be significantly diminished as the market approaches support in the area of the SC. It is common to have multiple STs after a SC. Note: Springs or shakeouts usually occur late within a TR and allow the stock’s dominant players to make a definitive test of available supply before a markup campaign unfolds. A “spring” takes price below the low of the TR and then reverses to close within the TR; this action allows large interests to mislead the public about the future trend direction and to acquire additional shares at bargain prices. A terminal shakeout at the end of an accumulation TR is like a spring on steroids. Shakeouts may also occur once a price advance has started, with rapid downward movement intended to induce retail traders and investors in long positions to sell their shares to large operators. However, springs and terminal shakeouts are not required elements: Accumulation Schematic 1 depicts a spring, while Accumulation Schematic 2 shows a TR without a spring. Test—Large operators always test the market for supply throughout a TR (e.g., STs and springs) and at key points during a price advance. If considerable supply emerges on a test, the market is often not ready to be marked up. A spring is often followed by one or more tests; a successful test (indicating that further price increases will follow) typically makes a higher low on lesser volume. SOS—sign of strength, a price advance on increasing spread and relatively higher volume. Often a SOS takes place after a spring, validating the analyst’s interpretation of that prior action. LPS—last point of support, the low point of a reaction or pullback after a SOS. Backing up to an LPS means a pullback to support that was formerly resistance, on diminished spread and volume. On some charts, there may be more than one LPS, despite the ostensibly singular precision of this term. BU—“back-up”. This term is short-hand for a colorful metaphor coined by Robert Evans, one of the leading teachers of the Wyckoff method from the 1930s to the 1960s. Evans analogized the SOS to a “jump across the creek” of price resistance, and the “back up to the creek” represented both short-term profit-taking and a test for additional supply around the area of resistance. A back-up is a common structural element preceding a more substantial price mark-up, and can take on a variety of forms, including a simple pullback or a new TR at a higher level.
Long
by BasharatAliMaher
BTCUSD still early to say bullish Hi Traders let's be real. While a lot of those pretending to be gurus specially in social media saying we are on bullish now this is all BS and just getting out there posting their TA for subs and or make money on on whatever they are promoting for their own pocket. So much for that. Let's look at this monthly chart. Price made a pause on a monthly support line and below 62% of the monthly range. We know price doesn't move in a straight line but in waves. Understandably those who shorted will have to take some profits on key levels and could say lots of interested buyers are present on that zone. I would if it is basing as well. Zooming out to daily If we see a bullish break out from the overall consolidation then this would be a good sign for a possible bullish scenario. But we still have to pass through resistance areas marked in red horizontal lines. worst part is if we see an impulsive bearish move breaking out from the consolidated zones then we might see 12k maybe. Let me know if u agree.
COINBASE:BTCUSD
by Junmadayag
USDT.D Holding Trendline Support To Bounce And BTC To Drop?Another great clue in terms of market direction is the USDT.D (USDT Dominance) chart. I predicted this drop to the lower end of this rising channel on USDT.T last week, and while it's unclear looking at the Bitcoin chart, it's more clear to me judging from this chart of USDT.D that we'll see a bounce here. And due to the inverse relationship of BTC and USDT, that would coincide with another push lower on Bictoin and the Total Crypto Market Cap in the short term. Our proprietary ERI (Early Reversal Indicator) -- Green Arrow -- Is also signaling a reversal here on the daily charts. Will see how this plays out end of day and if the daily close holds here, but I am short term Bearish on Bitcoin.
CRYPTOCAP:USDT.D
by BrettFogle
BTC Analysishello? Traders, welcome. If you "follow", you can always get new information quickly. Please also click "Like". Have a nice day. ------------------------------------- The price of bitcoin will fall more and we will enjoy it more :) ... I dont think I need to write more captions in this regard .. I hope you enjoyed the market downturn and that the stupid words of Plan B. Michaël van de Poppe and the rest of the illiterate influencer analyst who said " TO THE MOON " did not make you miserable. Anyway.... I who had sweet profits in the past months Especially on the Luna deal that I analyzed for you I hope you used it
Short
by alirezanaderiTrading
BTC - Signs of bottomBitcoin is forming its cyclical market bottom. A spike to a lower-low with a v-shape recovery is in the future, IF history is any indicator. Looking at the 2015 market low (left) and the 2018 market low(centre) we can see clearly that the once price crosses above the 1D 12 MA AND 20 MA then the market low is in the past. In both instances that crossing was concurrent with increasing volume until price spiked above the upper-Bollinger Band. These are the milestone proof-points of the market bottom. In the current market, those events are still in our future. I feel a spike down to a new low is imminent, possibly forming a effective double bottom around the $25k level. History tells us we should then see a discernable upward trend in all indicators, with milestone proof-points confirmed in the following week. What do you think, is price about to crash to sub $20k, take off to the moon, or emulate these past bear market lows?
COINBASE:BTCUSD
by Crypto-Swing
6
#BICO/USDT 2HOUR UPDATE BY CRYPTOSANDERSWelcome to this quick BICO/USDT analysis. I have tried my best to bring the best possible outcome in this chart. Hello members welcome to BICO/USDT update by CRYPROSANDERS As we can see from the above-mentioned chart that BICO/USDT created an inverse head and shoulder pattern and broke the neckline and currently retesting. So here we are expecting that BICO can rally for 12% - 15%. Here we can take entry to the green zone. If it retests then the green zone will be the zone to go long for the long term at spot or low leverage. entry:-CMP and ADD MORE AT $1.64 target:-10% to 15% stop-loss:-$1.55 Sorry for my English it is not my native language. Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade. Do hit the like button if you like it and share your charts in the comments section. Thank you.
Long
by CryptoSanders9563
BICO/USDT READY TO PUMP 200%!!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities. Do consider following me for the latest updates and Long /Short calls on almost every exchange. I post short mid and long-term trade setups too. Let’s get to the chart! I have tried my best to bring the best possible outcome in this chart, Do not consider it as an According to this 2days chart, BICO is making this descending triangle . Entry range:- CMP and more up to $1.37 Target:- 150% SL:- If any daily candle close below $1.15 This chart is likely to help you in making better trade decisions, if it did do consider upvoting this chart. Would also love to know your charts and views in the comment section. Thank you
Long
by CRYPTOMOJO_TA
BTC CUP AND HANDLE 1.5k CYCLE ON LOG CHART - LT... --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- If you enjoyed this post and agree with me, a like and a sub would be very nice : ) If you have any other ideas or simply disagree, manifest yourself in the comments ⬇️⬇️⬇️ Stay updated for more content Have a nice Day : ) Bye! ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
BITFINEX:BTCUSDLong
by xtekky
4
Is BTC correction at the end of the path ???Hello dear friends Is BTC correction at the end of the path ??? To answer this question, I recommend that we examine the chart carefully and with a little pessimism We see a valid trend line marked in blue and a static support at the Fibonacci level of 0.618 below the price. Also a downtrend line shown in red Well, I think this support is the last valid support to keep the price in the 40K channel, and if the selling pressure continues, the lower target is in the 30K range. Fundamentally, it seems a little unlikely that the price will fall to that range As a result, I think the likelihood of further correction in the current range is greater than further price declines And in case of breaking the downtrend line, this scenario can be greatly strengthened. So we follow the process carefully and intelligently so that we can make profitable business decisions ******Appropriate entry points for supports and resistances according to the chart******* If you like this idea, Please Follow me and do not forget that your likes and comments are very important Thanks dear friends. Be generous and rich.
Long
by EhsanMalekII
I Draw the Biggest Elliott Wave in Bitcoin Weekly Log ChartAs You can see bitcoin is now in the 5th aka the last wave of 1 to 5 up trend. And it Also in the Rising Wedge Patter which usually a bearish pattern. As we all know the 3rd impulse wave of 1 to 5 Elliott waves cannot be the shortest one of these three impulse waves. wave number 1 is bigger than wave number 3. So the only way the rule can be applied is wave 5 becoming shorter than wave 3. so i measure wave 3 length and put a curve around wave 5. So bitcoin must begin ABC three wave correction before it reach the outline of the curve. and the correction should be the biggest ABC pattern correction we have ever seen in Bitcoin so far ( By numbers of course not percentage ) I am very new to technical analysis and this is my 3rd idea. thank you all for reading. << None of these are Financial advises - Do Your own Research before doing something >> - idk why i put that but i have seen a lot of youtubers put that part for their defence. - English is not my mother language and please ignore the mistakes lol
BITSTAMP:BTCUSDShort
by NuwanthaKumara