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Bitcoinbullish

Bitcoin is already bullish but when should we buy?As you can see i determined the correction as a WXYXZ correction because of the internal ABC waves and its formed as a channel rather than a triangle. At first I thought that we need another correction to the downside but it need not to be the case. Because of the break of the trendline it seems bullish to me. I am waiting now for an ABC correction (zig-zag,flat). How can you enter at demand? (green rectangle) Wait for price action on 4h timeframe. Candle needs to close above the box in order to confirm an entry. Furthermore you can verify demand with the volume indicator. If volume is lower than average or it is a divergence you can expect a strong demand. But first you need to be sure that you enter in the c Wave. I will post regular updates for this analysis. If you like my analysis please support me with a like and follow my idea. Thanks for reading, stibo
COINBASE:BTCUSDLong
by stibo
1
Bitcoin Rally 2020BITSTAMP:BTCUSD Bitcoin BTCUSD just breaking out above 9000. It appears to have momentum in the hourly charts, enough to to break above, stay above and to close the week above 9000. This is a very significant level for the next phase as it appears as a confirmation qualification for a major rally to 18000. The Weekly BTCUSD chart is very reliable and captures less volatility spikes. Signals on the weekly chart also allows better and more robust analysis and signals in the long term. At the time of publishing, there is significant and higher than usual probability to indicate a start of the next rally. Note that there is a lead rotation between BTC and Alt coins such as LTCUSD (Litecoin) and ETHUSD (Ethereum). Overall, in summary, this one worth keeping your eye on... HEADS UP!
BITSTAMP:BTCUSDLong
by Auguraltrader
BTC more signs of a bull run regardless of Iran US conflictSince BTC is already digital gold and adaption is just the next step. Considering that BTC was pumping along with January effect and the conflict between US and Iran. Let's consider that I was bearish already during this phase of consolidation from January 8-13 where Iran and US expressed concern to end conflict to not escalate a war. BTC then consolidated and was bound for correction on my analysis. But I was proven wrong and for me BTC pumping was unlikely from here. But it did...So in conclcusion if BTC is pumping even out of the Iran and US conflict which is already fading away...then we can consider this a sign of a bull run. Let's still see
BITMEX:XBTUSD.P
by Limitless-Investor
BITCOIN Breaking point for a bull runSince the chart above mentioned the RSI 14 weekly showing signs of btc on a bull run or not..in a candle stick perspective we're already right exact at the resistance area of BTC and it will show either we have a retracement-pullback then go back up to a bull run. Or...this is alraedy the top and another correction dowanrds to $5,500ish. Call me repetitive but I have been saying since Novemeber BTC bottoming is possible already. Inline with January effect, halving and technical indicators showing up. BTC coming to a bull run this January is possible. Notice on the same China pump before there is a bearish divergence HTC present at MACD, RSI CCI. Now there's no bearish divergence at MACD only at RSI, CCI. It's possible this is just a retracement-pullback only.
BITSTAMP:BTCUSD
by Limitless-Investor
Bitcoin Bullish CaseIf you're looking for a bullish bias for Bitcoin then take a look at the Daily chart. After that massive impulse move to $10.5k price has been slowly grinding it's way lower and lower to where price is chilling out now at $8.8k. If you're looking for a time to buy the pullback of that impulse move now may be you're time. There is a pretty obvious falling wedge that is coming to an apex and price is right around that sweetspot 61.8 region. Buy zone - $8300-8700 Let me know what you think!
BITFINEX:BTCUSDLong
by Chloster
BTC Bull run bottoming likely + Bull Div fractalsBitcoin bottoming from here is likely due to signs of fractals and bullish divergence at the oscillator which are the MACD and RSI. Inline as well with CCI (Removed it so the chart is not congested). Inline with Elliott Wave theory and its subwaves finishing along with Fibonacci golden ratios 61.8 matching it. I see 2 possible bottom. 1st support box is the strongest inline with Wave 4 of the previous impulsive wave. Corrections of Elliott wave likely ends where wave 4 ended. But if not we can see another bottom which is the 2nd green box support which I considered as it inlines with the golden ratios as well. If it breaks support likely we can see another drop and correction is over making this analysis invalid.
BNC:BLXLong
by Limitless-Investor
Bitcoin in wave 2According to my elliott wave count we have completed 5 wave cycle and we have entered a correction phase since btc met 14k. Because of that as wave 2 WE CAN NOT FORM A TRIANGLE and it is not a triangle. Everyone calling it a triangle, may be it's not! So what now? Now we started a wave up and then a retrace to golden ratio and from there a brief appreciation to 10400 level. This is either wave 1 of cycle degree or wave a of another X of possible WXYXZ correction. As a result we should look for a long position and look for volume. If volume increases more than the whole correction phase and this coincides with a price increase we can say wave 3 of a larger 3 is in play and we will be extremely bullish. Right now i cant see any bearish sign except bitcoin overal sentiment that is bullish and as a contrarian i do not like to be with majority. I'm personally Long.
BITSTAMP:BTCUSDLong
by farzinsabbagh
BITCOIN: Looks very BULLISH! #EVIDENCE belowHey cryptomaniacs, I will not talk too much and let the charts speak for itsself. Watch the update-section to see every evidence. And as always, this is just my view in terms of technical analysis. KNOW that BITCOIN is very volatile and risky - TA doesn`t matter sometimes here! ----------------------------- LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me. Any questions? PM me. :-)
BITSTAMP:BTCUSDLong
by Trading2ez
BTC/USD Bullish ScenerioFor anyone interested in chart patterns there's a pretty decent looking Adam & Eve formation happening on the BTC/USD chart. Currently at resistance around 10.8k waiting for a strong move up to confirm the pattern. Expect price to make it to 11.5-11.8k region and with enough profit taking to bring price back down to test the horizontal resistance at 10.8k and into the ideal entry box. Either wait for signs of the resistance to turn into support or throw some bids around in that area. *If you're looking at this as just a cup & handle formation and pullback from here to 10.2-10.4k would be the ideal entry. Please Comment, Like, & Follow! This information is not a recommendation to buy or sell. It is to be used for educational purposes only.
Long
by Chloster
2
Bitcon (#BTC) looks just goodBTC looks good. Currently trading above the $8.2K resistance level. The daily close above this level is highly welcome. It will lead us to Bullish targets $9K/$9.5K/$10K. My invalidation level for bulish scenario is $8050, daily close below this level. On the other hand ... the nearest support level lies at $7.5K. But I would not bet on this level as a strong support. This level already been tested for several times and becomes more weaker. The more interesting support zone is $7250K - $7350. Which has not been tested yet. So, it would be interesting buying zone for mine.
BITMEX:XBTUSD.PLong
by AsBobbyDigital
The Rise, Fall and Rise of Bitcoin : BTC's Possible Scenario'sIts been a good postive year beginning for Bitcoin so far comparing last years market trend. Currently we are seeing Bitcoin in an upward movement with a good bullish trend. In the short run it seems it is having so many different outcomes. When we see the trend created in the past few days its an ascending triangle which is also a good bullish trend indication. This triangle usually appears during an upward trend and is regarded as a continuation pattern. It is a bullish pattern. Sometimes it can be created as part of a reversal at the end of a downward trend, but more commonly it is a continuation. Ascending triangles are always bullish patterns whenever they occur. BTCUSD has broken its major resistance level at around $5735 after such a long consolidation period which comes after a low level at around $3180 USD from its all time high of $19900 point which happened in mid December, 2017. Today in some exchanges we have seen Bitcoin hiting its intraday high of $6130 and is currently trading around $5800. But the overall trend is bullish as long as the support at around $5200 is secured and it is clear that it is in a major trend reversal after keeping above the 300EMA. Our major supports for now are around $5440,$5200 and $5040. If it closes specially below $5040 we might further see a correction which might further go deeper upto the level around $4500 level which is the area of our 200EMA. If confirmed higher than the $5500 buying partial might be taken as a smart move but it still seems risky and couldn’t be taken as a confirmation long postion since it might be a trap made by a small number of whales in the market. Further as it is shown on the 1 day chart we have 3 higher high peak points which seems a strong and bullish behaviour of todays market trend trading above the 10EMA line for the shorter term view. When we come to the short term prediction we may encounter with so many outcomes and scenarios that can happen in the market. From these scenarios we will discuss the bold ones as follows. Scenario 01 : We might see one last downward impulse move to start a correctional retrace movement before we see any further bullish trend to get more strength until the next rebound to break the resistance at around $6200 level. Scenario 02 : We might see an immidiate retrace after seeing a 5 waves elliot upward move. Scenario 03 : We might see a further downward movement towards the $4500 area to see a correctional 3 wave elliots pattern as stated earlier.
COINBASE:BTCUSDLong
by cryptotalk_et
BTCUSD A chance to hit Moon or another fall after Fib 0.618BTC has had an unexpected and sharp rise last few days the price went up to $5 275. Usually such pumps end within few hours or a day consequently, we had a first sell off wave yesterday and the price went back to $4 750 level. Nevertheless we see a confident trade volume growth, currently BTC is still in bullish mood. Price moves above EMA 50, 100 and 200. There is a high probability of breaking through psychological resistance level of $5 000 again. However in case of success within a week the price will meet the most important resistance level of Fibonacci 0.618. Our analysis is based on 0.618 Fib Symmetry Intact. Fractal structure can be seen at the 1-day timeframe chart. The first formation starts on the 4th March 2018 when the price went down to the Fib 0 support level, consolidated and grew up to Fib 0.618 resistance. It didn't manage to break it and decreased to a level around previous support zone. It happened two more times and now we have the same situation the price touched 0.618 level and correction started. It is not a short signal, the volume grows confidently and the price is still above EMA200 level. The next week is very important for Bitcoin. Its price will either solidly consolidate above EMA200 level, which will inevitably allow to break through 0.618 resistance and trigger a massive “bullish euphoria”, or will again bounce back to Fib 0 support zone around $3 172. There were many good fundamentals last month and more come out each day. This is a 4th time Bitcoin price tries to break through Fib 0.618 and change the global trend. Our opinion is that BTC has chances to start a new bullish run. Overall we should carefully track price movement and open short positions once the price moves below EMA200 around $4 600 level
by Skyrexio
Back To Bullish on BitcoinBitcoin has found itself right on top of long term support starting back in November. With the Squeeze looking to fire long on an 8 hour chart, I would expect this move to take place over the next couple of days. First target comes in around 8150 and the second target coming in at 8500. Over the last couple of weeks the volume has really dried up during the sell-off; it will really need to pick up to sustain a long term move higher. I'm placing a pretty tight stop at 7330.
BITMEX:XBTLong
by TheCryptosaurusRex
Btc Bullish 2h 10/20/50 EMA CrossOver Possible Change In Trend As the title states we have a bullish crossover on the 2h chart even the 50 EMA was crossed over now i will update a little later we need more data on a longer time frame i will update the post below tomorrow once we get a little more data we are about to cross over 10/20 ema on the 4hr chart things are looking rather bullish.(Wait for confirmation) If you read my posts during the week and mainly the past 2 days you would see the bears are just about done look at the long term MACD i mean really long term since this bullish momentum started believe it or not the bears have mostly been in control. Well it looks like they have really ran out of steam they have had too much control over this market for a long time now and the bulls have been patient in how they played this one i have watched it every day for the past 6 months if not longer. I know we have been up and down lately and i don't want to explain myself over and over but looking at all the indicators and trending patterns we should have full confirmation of a change in trend soon maybe a day or two depends on how much sideways movement there will be, i think this is going to be a game changer and the main reason being is we have started a small uptrend and it looks strong the RSI looks good the Macd is good there are multiple crossovers coming up on many of the charts, one more thing to note is the lower low eventually happened and this is what most traders have been waiting for. Now i did say that my bottom was $7200 along time ago we may have breached that a little but if you look where people bought in you will see that most sold for a profit to buy back in they where all talking about it last night mostly the whales. Now you see the shilling that is going on that alone is good news do not let people make decisions for you do it for yourself use your own TA patients will pay off do not listen to people bashing btc because it retraced more than everyone thought it would. And good luck i will keep this updated over the next few days.But it is a good sign trust me there are people that were starting to lose faith even me for a few hours last night but i can see this being a good sign.We need more data so wait for confirmation and wait for longer time frame cross overs people are buying and it is restoring faith in the bitcoin market again.don't let the 'SHILLS GET YOU DOWN' they only arrive when a change in trend is coming MGPC will be posting soon.
BITFINEX:BTCUSDLong
by chase4fun2018
1
Bullish Spinning Top Candle 1day chart Retest of Resistance Line'BOOOOOLISHA' Sorry im back quick update i thought i would quickly fire this up i see a bullish spinning top candle on the 1 day chart i will look into this more in a few hours and throw some more charts up and see if we can see any change in trend any time a bullish spinning top candle shows up it normaly means the start of something big. Now i do not want to get peoples hopes up too much as im not out to do that im here to try and help some of the newer traders im new myself but im learning just like a lot of other people on here im also busy programming a project for the btc community. The chart i have thrown up jst in case anyone missed it especially new traders this candle normaly means a big change in trend we see this a few times, i saw one of these back when bitcoin went to 20k it was at the very beginning of the bull run near the beginning.. I want to take a much closer look in a few hours so expect some more charts and updates along the way good luck all i will obviously include some TA in the charts with a update on news and anything else i feel relevant, i think it is obvious why there has been so much SHILLING going on and people are starting to see it now, which is great news as new traders wont fall for it so much.. Social engineering is one of cryptos biggest downfalls you can make any chart look bearish or bullish even if there not in a bearish or bullish state by the Time Frame.Enough raviting from me i will leave you guys with the knowle we have bounced off the main bottom support zone in blue and now we have a daily bullish spinning top candle. Big things are coming this week end most of you would have seen the massive sell offs that happened today and yesterday i believe these where whales dumping there btc to buy back in there only waiting for confirmation this is my opinion so don't forget to use your own TA im out to try and help. I will keep this updated but definitely a massive booooooolish sign.I want to check the EMA and RSI and also try some new indication methods.I will be back with an update in a few hours. Thank you to any one who supports our work we have alot of projects on the go at the moment and we are trying to fit this into our schedule
BITFINEX:BTCUSDLong
by chase4fun2018
1
Bitcoin The Bigger Picture Oversold Bears Running Out Of Steam Hi all just a quick update i believe we hit the bottom of the support yesterday and could be looking at a bounce from this level..I've thrown this chart together quickly so we can keep any eye on the bigger picture, we are still trending in this triangle on the 4hr chart it looks alot cleaner.Im really busy at the moment programming but i will try and keep the charts up to date i will also check the EMA 10/21/50 in a post below good luck, I stll stick to what i have always said we will pick up from now and over the weekend. I see us going bullish again short term / medium term bullish / long term Vbullish people are still holding on for the $6k pull back which i find very unlikely and the time of year we are in, people are still taking their profits and looking for a place to re buy back in i believe, people are saying where are the buyers some have been ladder buying on the way back down.. This is my belief we will be bullish over the weekend i would like to see a new re test for the 9k - 10k region even if we hit $9200 it would break us out of this trending pattern above.. Time will tell good luck all if you want to help sponsor me my btc and eth address are below.Also check the news the shills are back out and trying their best to convince people like last time bitcoin is done for they are absolute full of B$..And i truely believe people are going to wait until its too late to even buy back in some people think its going to $5k i doubt that very much..My bearish price was $7600 and $7200 rock bottom this is my own price you should have your own TA that supports where you are buying in and selling.. Good luck to the bears bulls and the whales the whales are still there looking to get as much btc as cheap as they can i belive and this is where i think most will miss the opportunity, it will eventually go bullish and the price will go up so fast it will leave some big key players out of the market. ==================================== BTC 1LuVYASn75HZeLeKksExKTNwZpF59zXWk7 ====================================== ETH 0x6C4aa3B856D167977d39b4AB49aC66D967Edd9F2 EMA CHART BELOW
BITFINEX:BTCUSDLong
by chase4fun2018
6