BITCOIN on possible downside move to the 3200$ per BTCBTCUSD spiked up and touched the resistance trendline for the third time and indicated potential downside move.
I'm expecting excact move with classic behaviour on key levels i highligted.
3200$ per BTC is my longterm target.
Will keep you updated guys. Good luck and wish you best trading week ever.
Bitcoin-usd
IOST - NEXT FEW DAYS LOOKS PROMISING! CUP AND HANDLE FORMED! We are looking at a cup and handle formed on IOST. First long target is 240 then up to 280 possibly for a large cooldown.
Scooped at 175-180.
Stop loss at 170.
Targets:
240
280
BTC: Potential New Support
Depending on how you draw the line since ATH, it seems that we are potentially seeing new support. We may still be going down along this line however. The only thing is that this might hold for a couple days at best since we should pump again if BTC is going to follow the fractals from the last bear market (but it has dumped instead so we're basically in uncharted territory).
Too unclear to make a decision.
Possible break out? There has been really nice bounce and price is now testing the sideways resistance, if we break out and we manage to stay two 1D candless above the sideway line, then we could see rally to the first resistance (yellow line).
If we break more down, then we could see indices that Bitcoin is going to retest the 3.100 USD price.
The market is highly manipulated, especially at this low volume.
Stay sharp, its better to buy BTC with even more discount if possible, however I believe we could go temporary up to 4000-5000 USD if the break out will happen and the price bounce nicely.
Bitcoin could possibly see 4000$ mark againBTCUSD spiked up a big and it could potentialy start sligh bullish movement for BTC. Major resistance zone declined BTC and it can
be on its way to retest minor support and then potentialy go up. I'm gonna be in for some slight buys later in the minor support zone.
My target is around 4000$ per BTC. It also depends on when it's gonna meet the resistance trendline.
Don't forget to trade carefuly guys, good luck.
XRPUSD intraday potential upside movementXRPUSD breakout down the range, but then came instantly back.
It didn't retest and break upside trendline.
Now its coming back to retest trendline, structure and seeing 61.8 Fib Price reversal zone.
We are aiming target of previous big Daily box range and -0-27 fib target zone.
Good luck everyone. Don't forget to trade carefuly
BTCUSD - Drop to 3650 Incoming - H&SHey guys,
As we can see, volume is clearly decreasing. I've checked out any instances when deceasing volume lead to a price increase in BTC, and I could barely find any. Therefore, the chance of BTC going up in this low-volume situation, is very rare. Also, a mini-head and shoulders is forming.
However! This could end up forming a larger greater inverse head and shoulder (highlighted with blue). Sentiments are high, and the noob traders are saying, "oohh! BTC is going straight to 5000!" It will end up going to 5000, but gradually, not this week.
-
Be sure to check out my other ideas,
and remember,
Patience is paramount!
Good luck!
CRYPTO: BTCUSD - TREND - 05. JAN. 2019WELCOME TO DACAPITAL-TRADING!
BTCUSD FOREX BREAKDOWN 05 JANUAR 2018
1 HOUR
Market still in consolidation phase and moving sideways with small waves!
4 HOUR
Still waiting for a clear breakout of any direction
DAILY
Overall very bullish reaction of 3260!! Expecting more pressure shortly
LEVELS
(Follow the Trend and move sl every day!)
BUY BTCUSD
ENTRY @ 3967.0
SL @ 3664.0 (7.6%)
TP @ Open (Around 15.2%)
RR: 2.00
(IMPORTANT: Use small risk, midterm positions with bigger range)
IF YOU HAVE ANY QUESTIONS LET US KNOW IN THE COMMENTS
ALSO LEAVE US A LIKE TO KEEP OUR CONTENT FOR FREE!!
bitcoin will touch 5000 $ as fast as it can in the New year Evesbitcoin will touch 5000 $ as fast as it can in the New year Eves
people are Drinking and shaks are buying using strong altcoin to get into
the market so the volume won't Move that Fast
just keep watching
for more info checkout my crypto news update here : cryptomoneymaker.info
Fakeout confirmed after lower high lower low now also confirmed.As I anticipated in my previous btc idea, the fakeout is now confirmed after we failed to achieve a higher high and we have now achieved a lower low to follow that lower high..always a recipe for a down turn...there is a chance that we could turn around in the 3.4-3.6 range to complete a right shoulder...but it's also very possible that we could just keep plummeting from there...I sold at 4125 so I get the comfort of waiting it out a little bit at that range and seeing if it dips any further before jumping back in...if you haven't already sold if I was in that situation I would probably just have to hold until I saw the price dip below the head and then would sell...although the bottom may only be as low as 2.8 which would make it dangerous to sell at that point too it may be as low as 1120 so if one knows how to set smart stoplosses that are neither too lose or too tight it may worth a risk at that point but much safer to simply add to your position at each additional leg down. I ahve a feeling we wont see a rebound until at least the stoch rsi on the daily chart dips down to the oversold zone and it still has a long way to go yet...Whatever the case this is simply my personal strategy for myself in those scenarios and not financial advice..best of luck to all of you out there thanks for reading and I hope you have a Merry Christmas!
Bitcoin 4hr goldencross has just occurred; Fakeout still in playWe can now see the 4hour golden cross has occurred on the 4hr chart...this may spark a rally and we can see that the stochrsi has reached a good boucne support area with room to go up....however before this downturn, we did not achieve a higher high(which would have been around 4.4k), also this year has been particularly unkind to price action the majority of the times we have gotten a 4hr golden cross. Look left in the chart and you can see at least 3 golden crosses previously that did not get sustained and were followed soon after by a big sell off so it would not surprise me if we repeat history again considering we once again also didn't hit our higher high...howeverwe could for once finally see a real sustainable 4hr golden cross and plow back up above the head and shoulders neckline and trigger the breakout which would give us a target of 5.2k or so....there is also the possibility that that disproportionate right shoulder was really just the head finishing and the recent breakdown is actually the beginning of the right shoulder being formed so thats what the new descending yellow trendline is now representing...if that becomes the new neckline then we still ahve a chance to come up and trigger that which would have a higher price target if it were validated than the current inv h&s we have been looking at. Currently its best to maintain your position until you see obvious signs we are going lower. I sold when we broke back under the neckline but if you didn't right now is a little late to sell if I was in that position right now I would not exit until I saw that 4k had been flipped back to solidified resistance...as long as 4k maintains support there's a chance that this inv h&s brakout can still occur...of course that's just what I would do and not financial advic by any means so you do what you feel is best for you...thanks for reading and good luck!
BTCUSD reversal point?Alright so there ISNT MUCH in the form of technical analysis that could help us here. Only thing I see is that our MACD is still correcting, and that is a natural important move for stabalisation. Also we are reaching a very important and strong support level. Keep an eye out for a green pip sometime in the next few days!