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Bitcoin-usd

Monero Price Analysis: Could Break in the Future (Neutral Now) We haven’t talked about Monero in a while, but I’m bringing it back up because it had some notable price activity in the last week or so before getting throttled back to its start position. The chart above is on the H4 timeframe. The downtrend line that you see in the above picture stems from July 24th, 2018, which was when the price of Monero was at the top of the traded range that you see in the middle of this picture. As with all traded ranges, once the price breaks out of either the north or the south of the traded range, you can expect either a precipitous decline or increase. In this case, we saw a precipitous decrease as the price broke down below the south of the traded range. Above, we can see the four day stretch before the price eventually depreciated back to a baseline (around the $90 mark). However, even after the consolidation of price, Monero is still up 12% in the last week. Conclusion That downtrend resistance is holding strong, so it doesn’t look there’s a whole lot of upside for Monero at the moment. Since there are no short options for $XMR, this is worth waiting to see if it will break over that downtrend resistance from late July. If it does do so, then it would be a solid investment. However, at this point, this is something that is only worth being observed.
BITFINEX:XMRUSD
by librehash
1
There is a great trading opportunity to buy in BTCUSD..There is a great trading opportunity to buy in BTCUSD.. Midterm Forecast: While the price is above the support 4966.90, resumption of the uptrend is expected. We make sure when the resistance at 8200.00 breaks. If the support at 4966.90 is broken, the short-term forecast -resumption of the uptrend- will be invalid. Technical analysis: The RSI bounced from the support #1 at 26 and it prevented the price from more losses. Price is below WEMA21, if price rises more, this line can act as a dynamic resistance against more gains. Relative strength index (RSI) is 44. New Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (6000.00 to 5460.00). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (6000.00) Ending of entry zone (5460.00) Entry signal: Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons : New Trade Setup: We opened 12 BUY trade(s) @ 6118.08 based on 'Hammer' entry method at 2018.08.14. Total Profit: 462720 pip Closed trade(s): 0 pip Profit Open trade(s): 462720 pip Profit Open Profit: Profit for one trade is 6503.68(current price) - 6118.08(open price) = 38560 pip 12 trade(s) still open, therefore total profit for open trade(s) is 38560 x 12 = 462720 pip New Take Profits: TP1= @ 6700.00 TP2= @ 7075.00 TP3= @ 7682.60 TP4= @ 8200.00 TP5= @ 8800.00 TP6= @ 9800.00 TP7= @ 11600.00 TP8= @ 12700.00 TP9= @ 14350.00 TP10= @ 17095.65 TP11= @ 19704.20 TP12= Free Previous Trade Setup: We opened 11 BUY trade(s) @ 6275.35 based on 'Trough (Valley)' entry method at 2018.07.15. Total Profit: 224590 pip Closed trade(s): 224590 pip Profit Open trade(s): 0 pip Profit Previous Closed Profit: TP1 @ 6415.00 touched at 2018.07.16 with 13965 pip Profit. TP2 @ 6974.35 touched at 2018.07.17 with 69900 pip Profit. TP3 @ 7682.60 touched at 2018.07.23 with 140725 pip Profit. 13965 + 69900 + 140725 = 224590 pip 8 other break-even trades closed at entry price, therefore no profit no loss.
BITSTAMP:BTCUSDLong
by ForecastCity
13
There is a great trading opportunity to buy in BTCUSD..Midterm Forecast: While the price is above the support 4966.90, resumption of the uptrend is expected. We make sure when the resistance at 8200.00 breaks. If the support at 4966.90 is broken, the short-term forecast -resumption of the uptrend- will be invalid. Technical analysis: The RSI bounced from the support #1 at 26 and it prevented the price from more losses. Price is below WEMA21, if price rises more, this line can act as a dynamic resistance against more gains. Relative strength index (RSI) is 44. New Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (6000.00 to 5460.00). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (6000.00) Ending of entry zone (5460.00) Entry signal: Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons : New Trade Setup: We opened 12 BUY trade(s) @ 6118.08 based on 'Hammer' entry method at 2018.08.14. Total Profit: 462720 pip Closed trade(s): 0 pip Profit Open trade(s): 462720 pip Profit Open Profit: Profit for one trade is 6503.68(current price) - 6118.08(open price) = 38560 pip 12 trade(s) still open, therefore total profit for open trade(s) is 38560 x 12 = 462720 pip New Take Profits: TP1= @ 6700.00 TP2= @ 7075.00 TP3= @ 7682.60 TP4= @ 8200.00 TP5= @ 8800.00 TP6= @ 9800.00 TP7= @ 11600.00 TP8= @ 12700.00 TP9= @ 14350.00 TP10= @ 17095.65 TP11= @ 19704.20 TP12= Free Previous Trade Setup: We opened 11 BUY trade(s) @ 6275.35 based on 'Trough (Valley)' entry method at 2018.07.15. Total Profit: 224590 pip Closed trade(s): 224590 pip Profit Open trade(s): 0 pip Profit Previous Closed Profit: TP1 @ 6415.00 touched at 2018.07.16 with 13965 pip Profit. TP2 @ 6974.35 touched at 2018.07.17 with 69900 pip Profit. TP3 @ 7682.60 touched at 2018.07.23 with 140725 pip Profit. 13965 + 69900 + 140725 = 224590 pip 8 other break-even trades closed at entry price, therefore no profit no loss.
BITSTAMP:BTCUSDLong
by ForecastCity
Bitcoin - USD Daily Falling Wedge Still in PlayFALLING WEDGE (FW)... per Bulkowski's textbook "Encyclopedia of Chart Patterns": A Rare Bullish Consolidation, upon upside breakout, prices usually rise to the top of the formation (88% probability), at a minimum, in this instance a target of about 11800. Failure to meet target is only 10% out of 125 formations studied & is even a lower 2% if price closes more than 5% above the upper trend line. A significant resistance is now the 200 MA, since price has turned back from it five times since March 21st. Moreover, the 200 MA is converging closely with the upper trend line, which itself has rebuffed advancing price five times. A simultaneous bullish move through both these resistances would be interesting. Since the Falling Wedge is well defined now, I also explored the possibility of using Awesome Oscillator for identifying swing trades within the formation. Secondary swing trend lines can also be useful for confirmation.
BITFINEX:BTCUSD
by Coininator
6
Approaching the edgeAt the moment, the price has reached an important psychological mark at the level of 6.000. It is the minimum value in the current year. Technical indicators currently point in different directions and we expect a clear signal from the market. Investors also held their breath and expect to overcome this level. Then the price may move to the marks of 5.600 and 5.200 which were reached before.. We believe that the price will go down, but in the alternative scenario we are considering a return to the mark of 6.400
BITFINEX:BTCUSD
by SuperForex
Bitcoin's inverse cup and handle possibility [BTFD]with some solid buys currently we might be forming a handle here for the inverse cup and handle pattern to form lower red trend line is target if it breaks the purple neckline after a rebound from fib levels at 6800 supply zone down towards 5800-5600 being the final destination after the buys/bids at NY open taking bitcoin up over 6400 we need to see good momentum in volume to break 6800 and get above 7k before any bull ideas again will be shorting at 6800/700 area if it fails to get above 6900/6800
COINBASE:BTCUSDShort
by majorlee
2
BTCUSD Morning UpdateTechnical Analysis Hey Guys what up! Sorry i wan't available for long but now i'm back and lets talk about our favorite Bitcoin. Lot's of news we saw ETF got rejected, Starbucks and many more. So let's start with the bull run we saw a week ago we bounce from $5700 To $8500 very good run but we got rejected again at heavy 61.8% Fib levelhttps://www.tradingview.com/x/qR3UhVo3/. SO where we headed to ? its on the chart we still didn't broke important support level which i mentioned on the chart. Indicators 1. MACD - Bearish On Daily 2. RSI - Bearish(Below 50 Level) Conclusion So what is the conclusion, well it depends on this level if it got broke we will continue to bleed but if it took support we may moon soon Thank You For Your Support Previous Analysis
BITFINEX:BTCUSD
by im_sng
1
BTC approaching a hard resistance levelBTC went back into quite a hike in the last couple of days (+20%). Most of the hike was due to three "price manipulations" that made BTC price jump. As of speaking BTC approaches 7800 and this makes 7833 come into play. That level, highlighted in red in the chart, represents quite a strong resistance, rejected twice over the last couple of months. Third rejection? it could be. I think a correction will happen. Anyway, if BTC manage to break up from such a level, I would revert into bull since this level could easily revert into support.
BITFINEX:BTCUSDShort
by SteveEnnom