Get started

Bitcoinforcast

Probable price reduction to the range of USD 7,000 existsTo be able to consider the uptrend for Bitcoin, the price requires to cross the range of USD 12050, but at the moment it does not happen yet, and the RSI does not show enough strength to be able to do so. In the 240-minute chart, also by examining the details of the waves, there is a scenario that the second wave is in the form of Double Zigzag, in which the ascending trend case, which is in the range of USD 11,720 has terminated with 3 waves, which was the X wave. By crossing down to the range of USD 11172(the main confirmation for the price crossing the trend line has been drawn), descending targets of the price could be extended to the range of USD 7100.
Short
by NirmataFX
Bitcoin Dumps as BitMEX Gets Hit by US RegulatorsBitcoin’s price was as high as $10,932 on spot exchanges such as Coinbase before quickly plunging 4% within two hours to as low as $10,427. It subsequently rebounded a bit to $X as of press time. The drop coincided with the announcement crypto derivatives venue BitMEX was formally being charged by U.S. regulators for unregistered trading, among other transgressions. “The news of BitMEX being served with a lawsuit by the CFTC was met with broad-based selling pressure,” said Denis Vinokourov, head of research for crypto brokerage Bequant. “This is big,” said Vishal Shah, an options trader and founder of derivatives exchange Alpha5, on the CFTC’s announcement. However, Shah noted the declining influence of BitMEX on the market since March, when over $700 million in liquidations helped cause the price of bitcoin to dump to as low as $3,854 on spot exchanges.
COINBASE:BTCUSDShort
by danielcawrey
3
Two buy opportunities on this chart for NEOBTCMid-Term Forecast Trading suggestion: ". There is a possibility of temporary retracement to suggested support line (0.00173). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . NEOBTC is in a uptrend and the continuation of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 70. Take Profits: TP1= @ 0.00199 TP2= @ 0.00213 TP3= @ 0.00232 TP4= @ 0.00252 TP5= @ 0.00274 SL= Break below S2 --------------------------------------------------------------------------------------------------------------------- Short-Term Forecast Trading suggestion: ". There is a possibility of temporary retracement to suggested support line (0.00180). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . NEOBTC is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 73. Take Profits: TP1= @ 0.00199 TP2= @ 0.00205 TP3= @ 0.00228 TP4= @ 0.00245 TP5= @ 0.00273 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity
16
$BTC LONG TRADE IDEABitcoin Market Breakdown - July 10th, 2020 Bullish scenario for Bitcoin is that originally I thought that the price would start dumping after losing $9200 support, but it caught a hold of it & this uptrend and is holding respectively Entry point is along the $9200 ($9188) support level with a tight 2% max drawdown SL to be safe and protect your capital With the SPY and other major stocks continuously rising in price, and the fact that Bitcoin & the US Stock market are correlated, we may just see another test of breaking out of this downtrend Bearish case scenario for Bitcoin is that it falls below this trendline and starts falling down to $8650 and below. We could even see a close above this downtrend and a possible nother touch of $9950-$10000 level Entered to a T @ $9188, price of SL is now moved up to initial entry to avoid capital loss.
BITSTAMP:BTCUSDLong
by kyer
8
Bitcoin, huge posiability of up riseYou will learn the best place where we can trade Bitcoin at low risk. Write in the comments all your questions and instruments analysis of which you want to see. Friends push the like button if you like the idea - that would be the best THANK YOU. Thank you for your support, I Love it. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade. Never forget about risk management and never put the whole account into 1 trade. have a good trading.
BITMEX:BTCUSD.P
by Yuriy_Bishko
15
#BTC/USD READY FOR $40K? Extensive Analysis.#BTC/USD Extensive Analysis You don’t wanna miss!! Hello friends, Happy New year to all of you. As Tonny Robins said The secret to wealth is simple: Find a way to do more for others than anyone else does. Become more valuable. Do more. Give more. Be more. Serve more. I’ll do my best for you all. Not just because wealth is what I want, I want you all, my friends, to be wealthy and make the most of this financial revolution. I believe we’re in the best time of the century were we have the ability to control and change our financial life. All that we need is a bit of passion, burning desire, hardwork, dedication and discipline. Please support me with you likes , shoot me a follow and share this important chart with your friends. I’ve been watching the fractals for a very long time and I see them repeating over the time but is it possible in the long run? Yeah might be, we have had many of them already. Now let’s come to our Chart reasons why I see a rally is imminent. REASONS: 1. BULLISH CHANNEL/ FLAG / FALLING WEDGE PATTERN: When we see a weekly chart it shows the sentiment of the people with a long term perspective WHICH MAKES THIS CHANNEL VERY BULLISH and in the same time important. All that we need is a breakout which will be bullish, what matters is when. Well as the chart shows I see this happening soon (within April). 2. 200D MA: We’re trading above the 200D MA which is itself a very bullish indication. 3. FRACTALS: When it comes to TA, fractals are every important and you can’t ignore these, since they’re very important to be kept in mind. It’s not a guarantee that it will repeat but we need to be ready for every probable move right? 4. HALVING AS A CATALYST: We know this right? We’ve read many articles on this and we know how it affects the growth in price. Supply goes down 50% and the demand is increasing everyday when we’re witnessing more awareness and adoption. 5. RSI: We had the bullish divergence already when we hit the lows around 3k. Since then RSI has been positive and we are well above the support line. Unless that support line on RSI indicated by an arrow breaks we are good. 6. LONG TERM SUPPORT LINE : As you can see I’m the chart the orange support line which indicate the long term support since feb 2013 which previously acted as a Resistance around sep 2011 to Feb 2013. So a support line since 7 years !!! And we touched and had a very bullish move to the upside and when did we touch that trend line? Twice! Observe in the chart, around $3200 and recently around $6400. So I speak what the chart says no bias. Keeping in mind all these reasons we see the most important indicators are pointing towards a rally which is imminent. I’ve been saying in my updates that a breakout is incoming. A short message to new traders: Take it as a word guys if you’re not pro or even an average trader you shouldn’t trade Btc margins or short term trades. Even holding a single BTC could bring you fortunes in the future. With this update I want to let you know be ready for the best year of your life. 2020 is gonna be great, keep following and supporting me. I’ll be coming up with the ideas regarding Alts soon. If you find any faults, errors or things that I must have missed please share your ideas and comments. Stay tuned and have a look to my other charts (links given below). Till then Happy new year to you and your family.
BITSTAMP:BTCUSDLong
by Cryptorphic
8
Bitcoin - Learn how to make money 100% of the time!Yesterday I found the immediate battle zone, and we left BTC fighting to go over the red trend line. Right after my post BTC got rejected back to the support line which is growing in strength with every time BTC rests there. Where do we stand right now? BTC clearly keeps getting rejected at a very strong place, the struggle is at the $7420 area (depending on your exchange), this is where the 50MA the 100MA and a very influential resistance line meet, however, BTC is not backing down it keeps getting up and at this time it is actively fighting to go over these 3 points of resistance. It is in times like this that you just step aside and wait, either BTC will get rejected so strongly that it will melt below support, or it will be triumphant either way you don't have to be part of the battle, you can just come in and clean up after confirmation. If we go over the red line BTC is making a point that we have the strength to keep conquering obstacles. If we melt, we may do so to the $6800 area to retest support. Hitting the "Like" button is like a tip, please don't forget to do so after reading this is your way of paying me for my time. Follow me and you'll know exactly which coins to buy and when to buy to maximize your profits. NOW, THE LEGEND; Support trend-lines are green Resistance trend-lines are Red Horizontal support lines are white, the thicker the stronger the support 50 Moving Average is yellow 200 Moving Average is white THE TREND: Going Down but finding stability THE OUTLOOK: Beginning to see the end of the downtrend a rally may be coming soon.
by cryptoGats
13
Bitcoin Rally Alert - 28 Day Cycle Rally AlertBitcoin Rally Alert - 28 Day Cycle Rally Alert Bitcoin did Retest the Strength of the Most Recent Low when we dropped down to 7,830, but unlike the last Retest I called Two Days Prior, we did not drop lower than the Previous Low and we are Currently Up-trending in the Same Exact Location of the Bitcoin Frequency Cycle Band that we were in 28 days ago when we Rallied after dropping from 10,951 down to 9,324... We are Repeating the Same Exact Pattern and we are likely to Rally just like before... If we Rally will likely reach 9,705 and possibly as high as 10,205, which would likely happen over the next 2 to 3 days... You can clearly see these Specific Points if you Compare the following Screenshots from the Current Location and that of the Previous Rally... Bitcoin Rally Alert - 28 Day Cycle Rally Alert Bitcoin did Retest the Strength of the Most Recent Low when we dropped down to 7,830, but unlike the last Retest I called Two Days Prior, we did not drop lower than the Previous Low and we are Currently Up-trending in the Same Exact Location of the Bitcoin Frequency Cycle Band that we were in 28 days ago when we Rallied after dropping from 10,951 down to 9,324... We are Repeating the Same Exact Pattern and we are likely to Rally just like before... If we Rally will likely reach 9,705 and possibly as high as 10,205, which would likely happen over the next 2 to 3 days... You can clearly see these Specific Points if you Compare the following Screenshots from the Current Location and that of the Previous Rally... Look Closely and will see we are in the same exact location prime for a Rally!
OKCOIN:BTCUSDIDX
by BAmos63