Bitcoin Investigation of SidewaysSo far bitcoin following same price action like in May, my prediction is based on the possible market run near 11000-12000 zone for next month and will continue to pump up to 14000 level or higher.
Take a look at patterns which occurred in Inverse Triangles during up-moves, they look quite similar. Triangles developed with 4 inside patterns:
💥 Pennant (green)
💥 Triangle (flat gray)
💥 Cypher (magenta)
💥 Rising Triangle (gray)
After breakout from inverse triangle price followed with Sideways action, notice the sequence of Lows and Highs in June-August. Next pump followed with same Inverse Triangle and same patterns.
Bitcoinfutures
Bitcoin weekly analysis COINBASE:BTCUSD price just below an important resistance on the weekly time frame.
Even though, i wouldn't be surprised of a large wick attempting to break decisively the 12k, and even finding support above; it's likely, that eventually, we will come back to the 9k-10k area, where we find confluence of a couple of trend lines and the 25 july CME futures unfilled gap.
Wouln't be surprised neither, of a retest of the weekly pivot point.
BITCOIN EMOTIONS STRUCTURE — $100 000 per btc +644% Potential!!!Hey! Reading market emotions could be pain in ass ¯\_( 👁️ ͜ 👁️)_/¯ But what you can do about it?
M arkets always flow in ups and downs, every minute emotions change so the market following well known sequence of emotions: ... Optimism — Believe — Excitement — Thrill — Euphoria — Complacency — Denial — Fear — Desperation — Panic — Capitulation — Anger — Depression — Hope — Relief ...
This emotions sequence happen on all timeframes, you can find it every day and on every market/assets. Moreover this emotions people feel over and over during day and regular business and activities.
I find 3 tips how to see market emotion stage:
1. Be Cold Mind — Check Twice
2. Take a Guess, but Control Risks
3. Watch Your Mood — Ask Opinions
These steps can improve overall market feeling, but you have to train intuition and spend time on markets to find it's patterns. This require experience, so spend time to learn and try different things. Do not rush "all-in" if you are newbie, small is big in the trading.
Peace and have good profits. Stay tuned to Artem Crypto.
P.S. Bitcoin next stop could be near 100K, not joking.
remember this chart?
Good luck :)
BITCOIN IN DANGER, PRICE PREDICTION FOR 2020Here is compare of Bitcoin with high chance of the similar plan for the current stage.
In April 2020 we have (1) base line with purple triangle. This market showing first signals of strength (1) after sharp drop of COVID-19 panic in March. In 2018 we have seen the first signals of the weakeness after sharp drop from 20k.
In May we've got pre-Halving euphoria stage 1-(2) , market flooded with new traders and investors in the desire of fast profits. 2018 market start sloping down to 6k in after-crash euphoria, ppl start shorting bitcoin in the desire of fast profits, expansion of futures markets (bitmex, bybit, binance futures, etc)
June-July showed some consolidation pattern 2-(3) with exhausting price action where bulls turned bears and visa versa. Similar outlook market have in the 2018, exactly before breakout from 6k guardian.
Now in the beginning of the August we have a sharp breakout from consolidation and 10k guardian and this autumn I am looking at entrance in the Q3-Q4 Distribution of 2020.
In conclusion I notice the 3 phases of the move: RUN-PAUSE-RUN:
2018 3 phases of the move: RUN-PAUSE-RUN:
So the current market still have chances for good move up, and according to all years as always market activity in Q3-Q4 is higher than Q1-Q2, so fingers crossed for bull market :)
Stay tuned to the Artem Crypto and have good profits!
Bitcoin CME Futures (Closer look at the latest CME GAP)Here we are looking at Bitcoin CME Futures (BTC1!) to take into consideration the latest GAP.
This is a $260 GAP sitting near EMA10.
Bitcoin can easily fill this GAP and we still remain 100% bullish.
Nothing to worry about since the GAP is now above EMA50.
We could easily see a retrace and test of EMA10 as support, which would fill the gap followed by additional bullish action.
If Bitcoin goes straight up, then the GAP will be filled later.
Surely not a game-changer.
Thanks for reading.
Namaste.
Bitcoin Futures (CME Gap?)Bitcoin CME Futures
-After the trendline breakout and support retest last 22nd of July
-Bitcoin started its uptrend move to 10400 region
-If there is still left in the tank, it might even break the 10.5k resistance
-But everyone is currently looking at the CME GAP down to 9.6k area
-We all know Bitcoin likes to fill Gaps most of the time
-It would also be healthy to have a minor correction before another leg attempt
-Let us all look at both scenario if BTC will fill the Gap or move higher
-I don't recommend Shorting Bitcoin after a fresh breakout
-But instead, look for a good risk to reward trade setups
-Warning don't use high leverage because the volatility is back
BTC: Institutions Not Convinced of Bullishness YetFirst of all, please support our work by smashing that like button or following! These really help us to reach more traders like you!
BTC’s recent lack of market interest is leading to a concerning drop in the CME open interest money flow index. The last two times this index dropped below 30 is correlated with at least 3 months of BTC corrections.
The bottom indicator in the chart above shows the net position for CME institutional traders over time. This includes both the leveraged fund positions and the asset manager positions on CME. Even though CME displays other trader categories, we find the institutional traders’ behavior most reliable.
Currently, CME institutional traders’ net position remains similar to the level in mid-February 2020 (the BTC price peak before "black Thursday" 40% drop), and it has been dropping significantly since BTC attempted 10k. For a short-term break above 10k scenario to work, we would like to see the institutional net positions reversing to an increasing trend.
Are you currently a bull or a bear on BTC? All thoughts and critics are welcomed!
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🌐 We believe in the power of blockchain data analysis!
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BITCOIN breakdown is here than you think(shorting to 8400 Next)Bitcoin is about to go south from 9220 to 8400, My video will tell you more why I am shorting BTCUSDT from the current 9220 to 8400 support. I know that bulls can push it to 9300 still because of the current consolidation but I won't test faith as bulls are too weak to be trusted and I am allergic to red bags so I will stick to where the bag looks more green(Bears)until otherwise. so yes I am bearish at the moment.
Thanks for your constant support and likes.
☆ BTC / USD — Bitcoin Simple Trade Setup ☆Hello dear Tradingviewians!
In this June 30 Update we can see the price breakout from FLAG pattern.
🏁 The Flag:
This pattern was spotted by me earlier, I have used 2 entries for this Flag, one on the support of FLAG other on the breakout from resistance.
So entries was at 9020 and 9120:
🏋️ Speaking about targets:
Depending on the way of your trading, and the trading style — you may choose different targets. For swing traders this possible good zone for entry in middle-term for one or two weeks.
Scalpers can take profits at Flag Target Zone near 9300.
🛑 Best place for Stop loss
Well it sometimes hard to get good stop loss price. You know market sometimes make fast moves to wash your stops?
So in this setup I am using SL at 8960.
It located below lower entry and protect from sudden dump.
💚 Thanks for your attention, white your questions and reviews
This is
Artem Crypto
☆ BTC / USD — Bitcoin Price Prediction for End of Year ☆Hello People! I want to share update for Weekly chart, explaining the trend and what the trigger for price growth.
Long term Moving average strategy explained for investors and long term holders.
If you want say "Thank you" the best way is to send 💛 and write a little comment about your trading and price expectations.
☆ BTC / USD — Bitcoin Trading 18 June ☆Hello guys!
👉In this update i explained how to trade btc for tomorrow. This is what i am doing with my futures trading and spot as well.
🐻 - Why I am not bearish on price action
🛑 - Important Stop loss level
🎯 - Target zones
I would appreciate your like below this videos and post, this drives me to make more useful content.
Cheers!
Stay tuned, this is
Artem Crypto
☆ BTC / USD — Bitcoin Price Prediction ☆Hello!
In this short video, I want to explain what to expect from the price of Bitcoin!
NEXT MOVE OF BTC!
WHEN 8K?
LONG OR SHORT?
Inside video:
— Support and Resistance
— Elliott Waves
— Bitcoin Price Prediction
Trade safely, use proper risk management!
This is Artem Crypto
☆ BTC / USD — Bitcoin Forecast ☆👋Hello dear followers and Tradingview Community!
Welcome on the Bitcoin Price Prediction forecast. I want to share with you what I have found on the chart.🤓
In this 7m video, I am explaining what is happening with the price and why the price of BTC is very possible in continuation of bullish wave.👀
In this video explained:
✔️ Triangle
✔️ Bullish Divergence
✔️ Bearish Divergence
✔️ Elliott Waves
✔️ Expected breakout price level
Previously I shared the EW vision with you, and mark up still right, unfortunately waves can't predict exact levels, but it gives us opportunity to have vision:
Bitcoin Futures - CME Group - Triangle Pattern - Elliott Wave
So you think that the BITCOIN move is insane right? "Trip to Moon" ?
Everything goes according to plan. I hope that this tops out finish soon.
Technically speaking, we are not done with the CME GAP yet. This is an important point, just saying! CAUTION!
GAP 1 - $6210
GAP 2 - $7595
GAP 3 - $10225
GAP 4 - $11945
#BTC #BITCOIN #CMEGROUP #HALVING
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.
Houston, we are going downtown. Bitcoin "break down".Hello friends,
Enough of the nonsense with people posting about nothing.
This chart is clear as day.
People were "bullish" on this ascending channel.
The channel has broke down and is trading as resistance.
Which we are still in the same descending channel as shown above.
The move is down. The low is not in.
Do you smell the blood yet?
Thank you hagd :).
Disclaimer - This is not financial advice - pure chart speculation.
BTC Futures On Huobi Creeping Up or Down?Hello everyone! 👋 Last week was less volatile in Bitcoin, despite the price climbing 10.61% from its lows at $6,750 to reach as high as $7,466. However, the weekly close hinted at weakness by only closing 1.91% higher than its open - leading to an immediate dump.The altcoin market cap saw a brief surge from $68 billion to $76 billion by mid-week, before dropping back to $71 billion to finish the week.While waiting to see if Bitcoin has set its highs and will continue to plunge.
From @tradeprophet on Twitter