Bitcoin-btcusd
BTCUSD analysis 19/11/2019Summary and additional points:
In the video I talk about the current TA and QA, talk about all the narratives as to how we got here, the current landscape of the market and many other things.
Bitcoin should be bouncing here but looks too weak. Too many longs... Funding, open interest and premiums agree with that. The market could get to 8400 but that's as far as I can see it go. Definitely don't expect any new highs and time soon. New highs and ATHs in Q1 or Q2. Currently all I see is potential capitulation in Nov-Dec with a change occurring with the new quarterlies in mid December
As I've been saying Bitcoin has been bearish for a really long time. Personally was bullish on alts for quite some time and got a few decent plays as I mentioned on twitter, but now I am out of most alts. Have separated my accounts in Trading, Hodling and 'investing' where investing consists of gems in which I have 5% of all my coins.
Alts are suffering too as there are too many ALTUSD longs and there is an Adam and Eve formation on BTC.D. Imho there are still plenty of good opportunities in alts if you look at mid-low caps as large caps with leveraged show high correlation to the downside as BTC goes down.
Key areas to the downside : 7500 - 6850 - 6400 - 6100/5900 - 4900 - 4300
Bitcoin Bulls ~ Take a deep breath & Zoom OutGreat news! Our enTHUZed TradingView channel has been selected to take part in beta testing for the next video feature - live video streaming on TradingView. This feature will allow us to broadcast in real time and the audience will be able to engage live via chat. Think of it as Twitch for traders.
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Bitcoin - Crypto Market Carnage ~ BTC, BCH, ETH, LTCGreat news! Our enTHUZed TradingView channel has been selected to take part in beta testing for the next video feature - live video streaming on TradingView. This feature will allow us to broadcast in real time and the audience will be able to engage live via chat. Think of it as Twitch for traders. We are just days away!
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Bitcoin - Imminent 30 min Equilibrium Break ~ Live UpdateGreat news! Our enTHUZed TradingView channel has been selected to take part in beta testing for the next video feature - live video streaming on TradingView. This feature will allow us to broadcast in real time and the audience will be able to engage live via chat. Think of it as Twitch for traders.
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Bitcoin - The Bear Hammer ~ 50% RetracementsI focus on providing live education and support to those interested in trading, Cryptocurrencies, and Blockchain technology. You will learn charting techniques, technical analysis, and the most popular cryptocurrencies for trading. My content is ideally suited for beginner to intermediate level traders.
Bitcoin Still Bullish, But What Can Go Wrong?This is a bearish chart, but let me clarify that I"m still bullish, still long at $7800 and still looking for bull market to re-ignite. But is important as a trader to understand what can go wrong and adapt. What if this rally and cycle fails, what happens if mid December is the yearly cycle low?
The simple answer is that we would have some very bearish market structure and be well below major MA's. The consolidation would be too long and chances of going into a long term bear market would be much higher. I would no longer be looking to enter a long swing trade. I would shift to more short term trading and eventually look to swing trade major resistance short.
Victor Cobra's Crypto Update 11/4/2019 My weekly update on the market. Hope you enjoy! For some reason I can't stop doing this accent, but oh well. In this video I discuss Bitcoin, Ethereum, XLM, NEO, Bitcoin Dominance, and the market trend as a whole.
This is not financial advice. This is meant for education and entertainment only.
-Victor Cobra
Bitcoin - Back to the Future I focus on providing live education and support to those interested in trading, Cryptocurrencies, and Blockchain technology. You will learn charting techniques, technical analysis, and the most popular cryptocurrencies for trading. My content is ideally suited for beginner to intermediate level traders.
Bitcoin - Weak Price Action Continues ~ Quick UpdateI focus on providing live education and support to those interested in trading, Cryptocurrencies, and Blockchain technology. You will learn charting techniques, technical analysis, and the most popular cryptocurrencies for trading. My content is ideally suited for beginner to intermediate level traders.
Elliott Wave Video: Btc Moving Into 8300-8800 Support ZoneBTCUSD made strong and significant bounce after we noticed a completed wave (v) of »c« of Y, even back above the channel resistance line. So, bulls are probably here, just be aware of a temporary pullback down to 8800 – 8300 support area, from where we may see a continuation higher. If from any reason price goes sharply and impulsively back below 7300 lows, then we will start observing an alternate counts.
Trade well,
GH
Bitcoin - So you are saying there is a chance...Great news! Our enTHUZed TradingView channel has been selected to take part in beta testing for the next video feature - live video streaming on TradingView. This feature will allow us to broadcast in real time and the audience will be able to engage live via chat. Think of it as Twitch for traders. I am told we will be one of the first channels going live next week!!
I focus on providing live education and support to those interested in trading, Cryptocurrencies, and Blockchain technology. You will learn charting techniques, technical analysis, and the most popular cryptocurrencies for trading. My content is ideally suited for beginner to intermediate level traders.
Bitcoin - Spine Tingling... ANTICIPATION ~ Trade Set-upGreat news! Our enTHUZed TradingView channel has been selected to take part in beta testing for the next video feature - live video streaming on TradingView. This feature will allow us to broadcast in real time and the audience will be able to engage live via chat. Think of it as Twitch for traders. I am told we will be one of the first channels going live next week!!
I focus on providing live education and support to those interested in trading, Cryptocurrencies, and Blockchain technology. You will learn charting techniques, technical analysis, and the most popular cryptocurrencies for trading. My content is ideally suited for beginner to intermediate level traders.
Bitcoin - Shorting the lower high ~ Quick UpdateGreat news! Our enTHUZed TradingView channel has been selected to take part in beta testing for the next video feature - live video streaming on TradingView. This feature will allow us to broadcast in real time and the audience will be able to engage live via chat. Think of it as Twitch for traders. I am told we will be one of the first channels going live next week!!
I focus on providing live education and support to those interested in trading, Cryptocurrencies, and Blockchain technology. You will learn charting techniques, technical analysis, and the most popular cryptocurrencies for trading. My content is ideally suited for beginner to intermediate level traders.
Bitcoin - Bearish or Bullish? ~ Quick UpdateGreat news! Our enTHUZed TradingView channel has been selected to take part in beta testing for the next video feature - live video streaming on TradingView. This feature will allow us to broadcast in real time and the audience will be able to engage live via chat. Think of it as Twitch for traders. I am told we will be one of the first channels going live next week!!
I focus on providing live education and support to those interested in trading, Cryptocurrencies, and Blockchain technology. You will learn charting techniques, technical analysis, and the most popular cryptocurrencies for trading. My content is ideally suited for beginner to intermediate level traders.
Update on Bitcoin Long and Key LevelsIf you followed my last 2 videos, I mentioned that that green zone under $7400 would be a good long, that most people were too bearish and putting too much emphasis on being below the 200 DSMA. Also, explained why time/cycle analysis showed this to be a good time to buy. Also, when bitcoin turns, it becomes a fast moving train that has a tendency to leave everyone at the station and thats exactly what happened.
Still, its only 2 days and while its a good start for igniting a new bullish trend, we need to see bulls come in and stabilize the market. We want to see some good daily closes over key levels. Then start to become dip buyers and build the position.
Bitcoin - Give me a Squeeze! ~ Still BearishGreat news! Our enTHUZed TradingView channel has been selected to take part in beta testing for the next video feature - live video streaming on TradingView. This feature will allow us to broadcast in real time and the audience will be able to engage live via chat. Think of it as Twitch for traders. I am told we will be one of the first channels going live next week!!
I focus on providing live education and support to those interested in trading, Cryptocurrencies, and Blockchain technology. You will learn charting techniques, technical analysis, and the most popular cryptocurrencies for trading. My content is ideally suited for beginner to intermediate level traders.