hello guys, here's a triangle on bitcoin, technically is a descendent triangle so it suggests a short position, however, lets see if close above the trendline or brake the support. stay tuned, best wishes, docCDS
Currently stalking cradle trades and fibonacci booster trades on the mid time frames here
With bitcoin acting a little boring it may be a weekend of sitting out. I will scan the BTC pairs and see if anything is around but as for bitcoin, unless it can break the range I discuss in this video I will be sitting out
Ethereum Is Holding Strong Against BTC, Here I Have Layed Out A Short Term View If Ethereum Decides To Break Up Through The Resistance Zone, The Blue Line Shows Us The Short Term up Trend Support, Bullish View Is Void If We break Down Below It. Chance For A Short Term Entry If We Break Up Through Resistance, And The Potential Target Zone. Follow To Stay...
Ripple remains in a lateral movement fluctuating between a resistance line of $ 0.68 and a support line of $0.65. If the candlestick breaks out the resistance line, we will take a LONG position to reach our 1st Target at $0.70 - $0.71 and maybe the price will reach our second Target at $0.75. If the candlestick breaks out our support line, we will take a Short...
I have been waiting a long time for this move back into the sell cradle zone on bitcoin. There are a number of other markets right now that have short trades on offer but I will be waiting to see how today closes on bitcoin before I look for short trades. Cryptotrading is about waiting for the right moment to pounce, that may be upon us.
Buy here, volume is huge last days, more than the total market cap. I believe this project have huge potential besides from short term gains. Stay tuned!
Weekly volume nodes rejected BTC in the 7550 range once again. Looking for a return to the start of the previous move if there is a failure to gain new high in this entire zone. The failure of this wedge for some diagonal traders might have BTC looking to stop a fall in the 6900's/
Btc reacted upwards as excpected after the 7250 breakout...next resistance 7650-7700 zone
So as you can see on the chart the big neutral triangle + the yellow line shows strong support around 6.9k. Also if you take a look at the RSI, you'll see that we're near of 30... Each time the RSI goes around this level Bitcoin bounce hard. If BTC drop around 7k the RSI should be around 30... Honestly Bitcoin could bounce at any moment but I think if BTC fall...
Currently bitcoin has a way to go to get back to $8,000 but if it does and sets up a small bearish candle on the 12 or 16 hour time frames there could be a great short available. Patience required
BTC continuously getting rejected from daily levels on the way down from $9,900 USD~. I'm personally looking for a move to the 7800~ range before a last leg up to test resistance in the 8500~ area before barting out and finding a new local low. BTC does have a few short-term trends as support in the mean time, but as BTC fails the levels during price discovery,...
My current thoughts on $OMG at the moment. What do you all think? Let me know my good peoples
AION Token has taking a beating like many other alts have over the past week. Although BTC doesn't seem to be done dropping, AION indicators look strong. Here is my trading strategy on Binance. AION on Binance Buy up to 35000 T1: 38500 10% profit T2: 42000 20% profit T3: 45500 30% profit Stop Loss : 29750 Rating : 3 out of 5 stars Volume 491 BTC
Hey Everyone. looking at our expected daily update of bitcoin today and we can see the correction is playing out in tune to our previous charts. I highlighted critical points that would determine if the correction would play out deeper or if we were looking at a potential larger elliot wave playing out in the bulls favors. We saw divergence in the volume vs...
XLM has come back down and is now at a key support level. It also is about to touch the uptrend line it has been following for quite some time. If BTC behaves there could be an entry here for a 9% gain up to previous structure. We need a close above the support at 4344 and a bullish engulfing candle for confirmation. Watching closely.