Get started

Bitcoinbear

Bitcoin moving toward $5000As I predicted before this will be a perfect chance for people to make there money back if they have lost some from the start. i am still Bearish because this is just a correction of the FIRST and i expect the price to tank from 7600 to 7700 area. so far this have been staying true to what i have expected and also expect the next wave to fall thru as well. Please keep this in mind your are still in a bear market and we did not have double bottom so YES WE HAVE NOT SEEN THE BOTTOM YET!!!!!!!
COINBASE:BTCUSDShort
by blackopshouston
BTC - Last analysis called the top! Are the bears out?Position: Bearish. Waiting for a buying opportunity. My last call was pretty spot on in terms of where we called the top. I left some of the lines on here so you can see my last call with some adjustments. It shouldn't be a surprise that BTC is coming off of this 12k mark. Reason for my bearish stance: In order for BTC to break up at this point, it has to go back up through a resistance point at 11k, a trendline and MAJOR resistance points at 12-13k. Can it do it? Sure. Do I think it's going to? Eh, not really. My status right now is I am waiting for a good entry point. We have 2 critical points to watch. 10k and 11k-12k range. Depending on what it does here will dictate how quick this moves down. Need a confirm break of 10k for it to move further. Would need a really solid move up to break this 12-13k resistance point. I would be more convinced that this would break up if we got one more test of the 6k lows, and we made a HIGHER low. But the last time we started down in this channel, we made a lower low, which can be concerning and tends to have me think there can potentially be more downward pressure. How am I going to enter to buy? With a martingale strategy of course! With these price moves, we can reduce our risk in our portfolio by doing so. First point is either 9k or 8k depending on what you want to do. The potential downside is 3.5k-5k. place your buys accordingly and be wary! We'll see what it does here! pick your points, don't stress and don't use leverage! -Sherem Check out my last call for more specifics on why I called that top -
BITSTAMP:BTCUSDShort
by Sherem
Bitcoin Technical Analysis. Broke the falling wedge. May Test 5k Hi traders, SO bitcoin has broken a falling wedge pattern and now must gain support from a lower trendline . Horizontal support combined with trendline region comes somewhere around 5500-6000 Dollars. Thats where bitcoin might drop potentially. Bitcoin has been on a major downtrend and may continue it for the next 3-4 days and after gaining the support next scenario will be visible. Note: THis is just my analysis and not a financial advice, You can also watch my detailed video technical and fundamental analysis of bitcoin -1.73% on youtube here: www.youtube.com If you have any questions contact me in the comments section or in the following platforms: Facebook /alikazmi20 Twitter @vitaminhovers Email: alikazmi2259@gmail.com Steemit @mazharkazmi Youtube @exact trading lounge
COINBASE:BTCUSD
by Vitaminhovers
Bitcoin Technical AnalysisHi traders, SO bitcoin has broken a major trendline and now must gain support from a lower trendline. Horizontal support combined with trendline region comes somewhere around 5500-6000 Dollars. Thats where bitcoin might drop potentially. Bitcoin has been on a major downtrend and may continue it for the next 3-4 days and after gaining the support next scenario will be visible. Note: THis is just my analysis and not a financial advice, You can also watch my detailed video technical and fundamental analysis of bitcoin on youtube here: www.youtube.com If you have any questions contact me in the comments section or in the following platforms: Facebook /alikazmi20 Twitter @vitaminhovers Email: alikazmi2259@gmail.com Steemit @mazharkazmi Youtube @exact trading lounge
COINBASE:BTCUSD
by Vitaminhovers
Bitcoin adventures - long or short? Time to go back to the basics and apply the KISS principle. Bitcoin is having great adventures again, but what can we expect going forward - just a quick 5 - hopefully educational - cents to complement other authors' analysis. Here above a relatively basic chart on the daily tells us a couple of things: --> The MACD is nearing quite the bullish cross . Every time this happened in the past, a nice gain followed. --> The RSI is generally aligned with the MACD , it shows us relatively clear confirmations of the buy signals. Also in this case. --> CCI is not shown but is in line with the RSI (currently quite strongly in the oversold region) --> We are at the lower end of the Bollinger bands (but note that the lower boundary of the band is still in a negative trend) So... The daily chart ALMOST tells us to buy (not yet, but we are close). BUT: important remark: we also have to look at the weekly chart, and... that one tells us a different story! The MACD there is currently closing quite the death cross , and we are just above the half line of the Bollinger bands, which would imply more room to fall is not impossible. In general, I would assume that this could more or less be translated into: some more blood, then a nice upward recovery, and then some more blood. Also look at how the Fibonnaccis interact in this story. On the daily, the 50% level was tested yesterday. Today, we see a test of the 61,8% level . Probably the most prudent way would be to start accumulating a position gradually, taking advantage of any further dips (or if the trend starts to show us clearer skies, on the dips in the upward channel), but remain somewhat at the sidelines, keeping dry powder. Especially for the ones intending to hold for some time. Note that this is by no means to be considered as formal investment advice
BITSTAMP:BTCUSD
by A_Cryptastic_Mind
6