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Bitcoin-usd

BTC: Fun is over...or is yet to begin!As the title says, "fun is over" but mostly it depends on where you want BTC to go. Bears will have fun, Bulls likely not. There is no moon here, at most you can si back on the ground, it all depends on how you get back to mother earth. Will you fall down from the top or will you just land safely? We are in a downtrend and I've been telling you so consistently. The crossing of 50 and 200 EMAs (Death Cross) gives yet another signal. If you still think the moon is near you're likely blind...or you're simply a fanatic. Both things might get you in danger in the financial market. Macroeconomically speaking, India banned the dealing of cryptocurrencies to its financial institutes (www.cnbc.com). This could definitely "cut" the fuel by roughly 1,3Billion people (2016 data). All those information summed together doesn't give a bright future for Bitcoin (or any other cryptocurrency to be honest). As usual, merely my idea and analysis. Not a trading advice. Stay safe out there!
BITFINEX:BTCUSDShort
by SteveEnnom
BTC | Boring DownTrendWe have tried to analyse 3 different time period chart. 1 D, 4 Hours, and 1 hour. Analysis of Which is : for 1 Day, BTC is yet to complete its target of inverted cup n handle, so we expect it to South. But if we see 4 hours and 1 Hour Chart, we see inverted wedge which is Bullish pattern, but don't get fooled by this. Crypto Currency doesn't honor this particular pattern, it can swing either way. No Matter what happens, we expect it touch the cup n handle pattern's target : which is near to 4500. In b.w we might see many HnS and inverted HnS, those patterns will last for very small targets, unless u r not a day trader, u should ignore it. Because Possible HnS pattern is not having momentum. In 4 Hour chart , we can see it has completed its wedge's range movement, its time for BTC to break the wedge, but in whatever direction is moves, it is yet to touch 4500. Hence, For long term: Short 4500, SL 8000 If you like the TA, do hit the like button and dont forget to subscribe. Thanks Krypto Times
BITSTAMP:BTCUSDShort
by kryptotimes
EURAUD bounced nicely off its support, potential to rise furtherEURAUD bounced nicely off its support at 1.598 (61.8% Fibonacci extension, 38.2% Fibonacci retracement, 23.6% Fibonacci retracement, horizontal swing low support) where it could potentially rise to its resistance at 1.6185 (61.8% Fibonacci extension, horizontal swing high resistance). We have also identified another support at 1.5833 (100% Fibonacci extension, 61.8% Fibonacci retracement, L T 38.2% Fibonacci retracement, horizontal overlap support). Stochastic (55, 5, 3) made a corresponding bounce off its support at 1.65% where it has a lot of upside potential.
Long
by ICmarkets
IF the 2014 Scenario Plays OutRecently there are many rumours-doesn't matter if right or wrong- that we are having a crash similar to 2014. Although I'm not a true believer of it, we had similar waves until now. The action inside those waves were almost identical, what mattered was the speed-as seen from the 2nd wave on the chart comparison. And I think that since we could make it through this 2nd wave much quicker than the 2014 one, the whole bearish scenario won't really take that long too. I'm still in the trade of my previous idea of bullish cycle, but if this bearish scenario plays out; it looks like we'll have a bounce here and slowly going further down to: 4750$ with a repeated semi-long term bounce from that point. (From some personal calculations, I think the next bottom will be 4750 OR 4100)
BITFINEX:BTCUSDShort
by candlesticker7
GBPJPY tested its resistance, potential to drop further!GBPJPY reacted off its resistance at 150.852 (61.8% Fibonacci extension, 50% Fibonacci retracement, horizontal overlap resistance) where it could potentially fall to its 1st support at 148.888 (100% Fibonacci extension, 61.8% Fibonacci retracement). If it breaks past this level it could fall to its 2nd support at 147.926 (100% Fibonacci extension). We have also identified another resistance at 151.679 (100% Fibonacci extension). Stochastic (89, 5, 3) had a corresponding reaction off its resistance at 96.3% where it has a lot of downside potential. A bearish divergence with price has also been identified, which contributes to our bearish bias.
Short
by ICmarkets
Bitcoin / U.S Dollar BTCUSD Trade Idea 30 March 2018Quick weekend update on the Bitcoin market. Bitcoin failed to maintain its bullish momentum on the short term vs the US Dollar, however it seems that there might be some buying support on the longer term bullish trend line. Prices dipped below $6800 this morning (mentioned in my previous report), we saw some good price action at that level quickly pushing prices back into the $7000 zone. It could be possible that the bulls are trying to build a foundation below the 7k zone. It is important to realize that we are still in a bearish trend and that most trades on the market should be considered higher risk. $7000 is a critical support level for me and should prices fail to consolidate above this price zone, I will take it as more bearish confirmation and trade accordingly. Should we fail to stay above 7k I feel the price action could lead us into the 5k – 6k zones, as we have now rejoined the previous down trend channel. On the flip side of the coin if we consolidate above 7k and perhaps above 7600, we could see some nice buying pressure going into the month of April. As usual be patient and wait for the market to show the way, the safest entry at this point would be after price action consolidates above $9000 – $10 000. For a higher risk entry look towards 7600 – 8000 for a play. Safe trades and Happy Easter to those that are celebrating the holiday. Chat to real crypto traders here.
BITFINEX:BTCUSD
by saintbitcoin
1
BTCUSD 1million in 2023 IDEA (Monthly Chart)Heard people saying BTC has the potential to hit 1 million so I decided to take a look at the monthly chart. It seems like there is a rising wedge pattern forming out and inside this wedge BTC has the room to go to 1 million. But as we know that the rising wedge is a bearish pattern the price will probably go down on some point. This is just an IDEA. Time will let us know what will really happen. Until then I would like to see some thoughts on the idea of BTC hitting 1 million dollars.
BITSTAMP:BTCUSD
by minson
2
Becky on Bitcoin - $6000 WARNINGHey everyone! This is Becky, your favorite Crypto Trend Analysis ^_^ ! Today I am analyzing the BIG MAN. So let's get into it. Bitcoin just broke the $8200 level and is going down, we are looking at $6000 midterm. There is not much resistance down there and the momentum is looking like it's gonna be strong enough to go down super fast! This is a good shorting opportunity for you guys! Your stop loss should be over $8200 and move it down as the price goes down to lock in your profit! Who's Becky? What's her background? I am a crypto enthusiast and have been since early 2015. I have already made millions in the crypto world and am financially set for the rest of my life. I recently decided to start helping other people get rich. Let's share the journey together! Follow me NOW! <3
BITFINEX:BTCUSD
by BeckyDD
4
FIRST TIME BULLISH AT BITCOIN? $13000 TARGET! -I know YOU BTC-Finally, I'm almost sure what Bitcoin will do next. In the few days, my view has changed very quickly, which is common in trading. So I do not think we'll drop much before we see an upmove as suggested in the last idea. So I expect, as you can easily see on the chart, a small drop before we start a good run. The drop is expected to go as high as $8,000 before we rise to $13,000. So, if we bounce at $ 8000, I recommend you to wait for a flag before you buy. Otherwise I will post another possible setup. By the way: The crash will come. I am still bearish mid term. Good luck.
BITFINEX:BTCUSD
by E557
83
BTCUSDBitcoin has had another struggle this week with the price falling back to this week’s low ahead of the weekend.Upside remains limited with resistance around $9,260 acting as a strong barrier, while the downside target of $6,000 remain intact after BTC broke the 78.6% retracement level at $8523. The stochastic level has also turned lower from its current extremely overbought level, leaving further downside on the cards. Bitcoin is also in the process of forming a very negative ‘death cross’ formation which would add extra credibility to calls for lower prices.
COINBASE:BTCUSDShort
by FxGalaxyPremium