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BTCUSD BULLS NEED TO HOLD PRICE ABOVE $6,700Bitcoin continues to trade towards the $6,650 resistance level in early Monday trading, after finding strong technical support just the $6,400 level on Friday. BTCUSD bulls now need to break above the $6,700 level to validate the bullish inverted head and shoulders price pattern across various time frames. BTCUSD sellers will attempt to break the key $6,400 level for a technical test of the $6,220 level. The BTCUSD pair is strongly bullish while trading above the $6,700 level, further upside towards the $7,000 and $7,400 levels remains possible. If the BTCUSD pair moves below the $6,400 level, sellers will likely test towards the $6,250 and $6,058 support levels.
BITFINEX:BTCUSD
by OctaFX_Official
Selfkey (KEY) EXPLODES! - This is just Fun to watch!This is just fun to watch. Selfkey (KEY), now available on Binance, is going wild. This coin has gone up like nothing else and it just keep on going up. I can't remember how many times I was told about this coin and definitely an opportunity not to miss. This is what we all love about Altcoins, the alternative cryptocurrency markets, the incredible and amazingly huge growth potential. Anyways, the question is: Is there still room left to go up? Well definitely yes, but a risky trade. It can stall just as it can keep on going up, this is a crazy market after all. I wouldn't rush and I would never join a trade based on FOMO and hype. So unless you know something about this coin, I would wait and think before going in... As patience is key (this is advice for beginners of course). Also, never think that you "missed out", more opportunities will always come. --- I can set up some targets for those already holding this coin, but I cannot and will not recommend a buy in since there is no buy set up for me here. Let me know if you want targets for the KEY, based on the Fib., and I'll do it for you... In the meantime, enjoy the crazy ride and growth. Thanks for reading. Thanks for your amazing and incredible support. Namaste.
K
by AlanSantana
63
$BTC #BITCOIN - BIG MOVE - why did I expect that?Hello Lads and Ladies, today we are looking at BTCUSD and there was a reason why I did not do TA on it until now. I was waiting for it to make its classical move up with the 4h candle. This $500 tall green candle was a move that we see quite often with BTCUSD. I personally expected a even taller candle up to the region of $6800 but that one might still have a chance. Right now we are sitting right in between two very strong uptrend support lines, which are playing their game now as resistance. The relieving part about this is that we actually broke both of them and are locating ourselves in the middle right now. Furthermore, we have touched and shortly broken this resistance a few days ago and we came back, even with making a very new low at $5800. The thing about supports and resistances it, the more you touch them the higher is the possibility to break it the next time. I am trying to keep this short. So what might happen next? As the next movement I see BTCUSD forming a wedge by keeping this resistance at $6250 with a possible low at $5950. As I believe more in the bullish situation, we would have to break this wedge going up and with that breaking the yellow downtrend resistance. The best scenario of doing so would be with a second big green candle up to $6800. By doing so we would reduce the chances significantly of seeing $5200. As much everyone would love seeing this bullish scenario happening, there is a second bearish possibility. Again after forming a wedge, failing to break through resistance and falling down to to the next level of support at $5650 or concerning that movements downtrend to break through important supports, even $5200. To get this straight out of the way. We need to turn that $6800 resistance into support to be in a RATHER safe region and reversing the trend. To do so, we would have to see push towards $7200 or at least $7000, this might happen very fast and within a few hours as we have seen BTCUSD pumping 1.5k within one hour before. ANYHOW, until this does not happen, we are NOT safe at all and could fall down ANYTIME, please keep this in mind.
BITSTAMP:BTCUSDLong
by KongTrading
1
2019 BTC/USD Target LevelsOverlain various EMA curves, indicating the stability of consolidation and lower volume. In this bear market, we expect to continue consolidation, to even as low as $5400 (maybe not!). Furthermore, we are beginning to see the cryptocurrency recovery and massive adoption for various technological reasons by big money in the coming years. This chart is consistent with a previous post of mine on BTCUSD and I was able to accuratley say that BTC would have a bottom no higher than $5400. We'll see whats next, but in the meantime, checkout these projects, if you haven't already: Elastos (ELA) Cardano (ADA) BTCUSD TARGET 2019: $35,000
BITFINEX:BTCUSDLong
by copa1079
THE END OF BITCOIN? - The Truth revealed about the FUD and FOMOHello Lads and Ladies, We are going to cover here the WHOLE BTCUSD 4.84% TA, understandable for ANYONE. Starting from the fundamentals, ending with what happened and why things happened that happened. Read it once and you will know and understand everything - loose any panic and have a beautiful day. Today I have been remembered why I am doing this and why I started posting my TA publicly!!! It is very simple. I am sick and tired of people doing CRAPPY TA and FOOLING people who do not have enough time to do their own TA - spreading FUD and complete NONSENSE. HERE you see the TA the "top authors" should be doing. I got so angry when I saw so many people calling 4k or 4887.8.. If you look at the YELLOW LINE in the left of the chart. This short line from August to October last year is now the new indicator for the 4k BTCUSD 4.84% price. How many time after that did it get confirmed? NONE. So here to this chart and I am going to do step by step so EVERYONE understands it and I will do everything in my power that EVERYBODY is going to see this. Starting with the bottom blue support line. If you look even more left, this was the very healthy and steady increase of BTCUSD 4.84% got confirmed many many times so I will never move or delete it again from my BTCUSD 4.84% chart. Looking at the chart right now, this is a crucial point where we can confirm it again and basically already did. Now, take a look at the dotted blue line, this was the resistance from waaaay back, which also got confirmed many times ( 25.05/12.06/02.09/13.10/23.10/29.10/13.11/06.02/10.03/23.03/24.04/05.05), check it!! Quiz question.. The next breakout will have a strong deciding point where? AT EXACTLY THIS LINE!! The next one is the second blue line, above the first blue line. It has been playing a crucial support since September. Confirmed at (02.09/13.10/23.10/13.11/06.02/almost 03.04/ right now). This is a line that we will see in a year as the last possible retracement, since it is also increasing, not as much as the dotted line though. Now the red lines, the very bottom dotted red line is the super worst case scenario world war 3 breakout support line, AT $3000 NOT $4000!!! If you set the bottom, do it right, not as you wish. The bottom straight red line is the bottom of a channel that we MIGHT come down to, this is the absolute most we will see this pullback happening and I am saying it ONLY as a 5% chance seeing a daily spike drop down there line we saw on February 6th 3.13% . The red dotted line above was the daily support of the last months but was not very healthy for the chart as we will cover soon. The red straight line above the dotted is constantly turning support and resistance line at $8000, the big pump started here (24.11), afterwards the big scale double bottom happened at $8000 (12.02 - 18.03), getting broken down straight (26.03) and following back up in a straight line to it again (12.04). The big yellow line from the very top is the ONLY right resistance line that you can use from the very top. Not very top confirmation and then last week.. That is simply wrong. The thin yellow line is its support line during the downtrend, but actually pretty insignificant. So, what happened to BTCUSD??? We were in such a nice and healthy channel between the bottom blue and the dotted blue line. This is the channel that had a healthy increase and everything was very positive. Then on October 28th we left this channel, said hello to $8000 and came back pretty quick. Since this was the time the news were very positive and people were talking about the BTC 4.84% Futures , we started a VERY HUGE BULLRUN, all the way to $20.000 this was literally an insanity and the whole market completely overheated. The range between the very top and the dotted blue line was at that time $13.000! Of course a pullback had to happen and all the FUD and shitstorms and all the negativity brought us back to the $5975 within 2 months.
BITSTAMP:BTCUSDLong
by KongTrading
19
Bitcoin AI path 2Hello again my friends :) Hope you are enjoying the nice summer days. As I had predicted in my previous analysis, we had a very ‘’boring ‘’ market for some time now. The market movement got close to the Path 2 of my analysis, and now it’s time for a new update. I see two possible paths ahead; in my opinion there is a 70% chance for bitcoin to rise to 10,000 USD, and 30% chance that the market can break the 6900 USD support. As you can see in this figure, we will be having an ‘’action’’ period in the market soon.
BITFINEX:BTCUSDLong
by HamidFarhadi
86