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Bitcin

$APE $APE $APE BEARISH BULLISH BEARISH As we can see the market is currently bearish on the 4hr. BINANCE:APEUSDT After creating a double top @24$ and stochastics making a lower high. The market dumped hard. Thereby failing to break the highs of 28$. The trendline got broken and now we are expecting a good pullback this neww week to form a new lower high. Then a new low. Before that happens, it will be best to see price first tap 15.55$. Then we would look for exhaustion around that area, when we see it, Entries will be on lower timeframes. 16.25$ is also another level to watch out for reversals. Wish us a successful trading week ahead. #$KC #Meekhillacademy #RICHMMDT
Long
by RICHMMDT
10
3angel pattern comesdont fear to put buystop ,sellstop but 100% put SL in otherside last low,high 80% breakup will happen 20% down crash will comes dont forget on bitcoin 50.000$ is very important price 100% put buylimit on 20.000$ too for hold longterm until new high(new record can take 6 month) secret= in trade fibo 61% (for pull back) and 161%(for target) is very important predict=we belive bitcoin must back to 50k then back to down 20.000$ then will start new trend to 100k (W shape) keep monitor AC indicator (or stoch 7.4.4) on 4 hour chart
BITFINEX:BTCUSDLong
by ramin_trader2006
Update on Bitcoin: decision level is approaching I am still expecting the price to test monthly open at $7500 as we have outlined earlier. If we will close H4 above $7500 it's bullish and we can target $8000. If we will reject H1/4 at $7500 I am expecting to take lows (sell-side liquidity) at $7000. Plan: 1) If hourly can close above $7550 it is a bullish sign and price will expand to $8000 level 2) We are approaching big resistance which caused rejection at $7500 level and still, we have un-tested two key supports at $6900 and lower. So if there will be hourly rejection or not enough strength to push and close above $7550 then I will take shorts down to $7000
BITMEX:BTCUSD.P
by UnknownUnicorn6034472
11
A rare look at the weekly chartHey all, just wanted to show you guys a chart that I rarely use but can come in super handy when long term patterns emerge: The 1 week chart. Here we can see that another much larger descending wedge has formed with enough touches on the top trendline and bottom trendline to validate them, odds are very good it will break upwards just like the last descending wedge we had on the 4hr/1day time frames. The potential upside to a bullish breakout like this is rather massive so buckle up. We should know which way this wedge is going to breakout no later than the 23rd...Just in time for my birthday! I am anticipating a very happy birthday indeed! On the way there we may experience some minor retracements at which point I will simply be buying the dips and don't plan on shorting anything unless it takes a dive in the enxt day or 2 all the way back to the eve trendline. I am only going to short fractional amounts if it starts treating the 4hr 200ma consistently as resistance. and will buy back around the 4 hr buy sell line and dipbuy anything more that dips below it. You of course choose your own path as this is not financial advice. Thanks for reading and good luck!
BITFINEX:BTCUSDLong
by DrDovetail
7
BTC hits ascending wedge drop target, flirting w/ h&s breakdownBTC has just reached the target price drop of the ascending wedge breakdown shown by the purple dashed line. WWhile it doesn't surprise me it hit this price, it does worry me, because now we are in real danger of breaking below the neckline of this current head and shoulders..we have already sent a wick below it. In order to break it we will need at least 2 closes below the neckline on the 4 hour chart. Even then its not a guarantee that its not a fake breakout but the probability and odds are then at that point greatly in favor of a successful breakout. However 2 closes on the 1 day chart under the head and shoulders neckline will indeed signal a valid head and shoulders pattern. If this happens we may possibly plummet below my grey ascending trendline and possibly dip even lower than februarys low which is a very scary thought. So these next few candles are clutch. I'm still hoping we will eventually find strong support and a huge bounce back up from either the grey ascending trendline or just under it at the same price as februarys low thereby creating a massive double bottom pattern. The latter would probably be preferable, as it would have greater potential to take the price far higher. Anyways be careful out there if you aren't already still short, and you see 2 confirmation candles below the hea and shoulder neckline it may be wise to go short at least until right above the grey ascending trendline or possibly right above it if you are fishing to trigger a limit with a wick. A more adventurous trader may try to put their limit buy back in just above the low of february. As of right now technically the inverted head and shoulders pattern is also still in play because we haven't gone below its head but I have taken it off the chart currewntly as to not muddy up things with overlapping h&s patterns.
BITFINEX:BTCUSDShort
by DrDovetail
4