For BTC To Go Up, We go Down Hey hey. Happy Halving and to the world. As ever I am going to keep this short and sweet, as quickly looking at the 1 hour chart I see a potential that a short is still in play.
Ok, so to be brief we are starting to see the 200MA and 100MA kiss. If the 200MA starts curtailing above the 100MA, death cross, then we should indeed expect a downtrend and call the last 6 hours or so as capitulation as per the halving and fundamental reasons, with the sideways movement.
ALso, the 15 minute shows what appears to be a bear flag forming, which I shall post. There is much more one could write, and in the future I will, but this is a quick publication to benefit the shorters.
SO far, nearly all charts have been on the money
Good lyck
Bitcoing
BTCUSD - CRYPTO - 17. MAR. 2020Welcome to our weekly trade setup ( BTCUSD )!
-
1 HOUR
Cryptomarket heavily oversold together with most stocks / indices etc.
4 HOUR
Price action slowed down and consolidated pumping buyers before dumping them ;)
DAILY
Market will take another push to the downside forming new lows since too many people
jumped on long positions now, greed will kill them with another -35% drop in value.
Watch out crypto halving in May might push prices back to the upside or even faster,
still a big fan of blockchain technology and looking for all time highs end of this or next Year!
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CRYPTO SETUP
SELL BTCUSD
ENTRY LEVEL @ 5434 $
SL @ 6006 $
TP @ 3500 $
RR: 3.0+
Use 0.5% risk!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
BTCUSD – Sellers are extremly strong by momentumBTCUSD – Sellers are extremly strong by momentum
Trend: Sell/ Neutral
Support/Resistance:
R2: 10028
R1: 9078.50
S1: 8255
S2: 7678
Price action:
BTCUSD is at current level neutral from decisional spot perspective. Overall market is still bullish, but for short term decision we are more bearish. Decision, when is the right time to sell Bitcoin or buy it, is when price will break up and down support or resistance. Once price will break one of those, then we'll know where is our dirrection.
Potencial trade idea:
Bulls targets:
T1: 10028
Bears targets:
7678
NOTE – We are trading BTCUSD via the preferred trading setups
Bitcoin - Learn how to see the signs!Your only winning bet at this point is to load up on high performing alts and keep waiting with more cash on hand to see if BTC will drop more(which more than likely will.) To be clear; NO ONE knows what will happen in the future but what I do know is how to read the warning signs of what is most likely to happen. If we look at BTC on the 12H it shows that we've gone under the very important 200MA. This is a sign of weakness and may send us below the green trendline which may lead to a drop to the $9300 - $9400 hundred area. So the 12H is saying that the likelihood of going down is very real and that a big down move is coming soon. Now let's go onto the next timeframe for more warning signs to read.
The 1D timeframe shows us that for far too long BTC's price has been riding under the 50MA and getting rejected, not to mention that we are running out of room in the triangle which is going to force a decision soon -- to go down (very likely) or range sideways (which is also likely.) The one thing this timeframe is not telling us is that we may go up. Going up is not in the cards.
The 3D shows us more independent info as well. We see that we are at the top of the triangle's downtrend line which has proven impossible to penetrate (not good if you want to go up.) Also, the magnetism of the 50MA is calling BTC down to the $9300 - $9400 area.
So for now in some of the most important timeframes, BTC is telling you that it is not done going down.
THE TREND: Going down still.
THE OUTLOOK: Unsafe to buy BTC but safe to buy top 10 marketcap alts.
Be safe and follow me to stay ahead of the curve.
EOSUSD - CRYPTO - 25. JULY. 2019Welcome to DACapitalTrading, We provide any kind of Technical and Fundamental Analysis
for Forex and Crypto-Currency Markets every day!
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1 HOUR
Break above consolidation zone.
4 HOUR
Bearish market found its support and is turning bullish again.
DAILY
Bearish market need a pullback now and we should see some price action.
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CRYPTO SETUP
BUY EOSUSD
ENTRY @ 4.5530
SL @ 3.9540 (12.9 %)
TP @ Open
RR: 1 : 2-5
Use 1% risk per Position!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
Calmness before next move..soon??? #BTC #BTCUSD #TRADEHello guys,
Today calmness is continue spreading all over the market, maybe everyone are getting prepared for the next move. Still I don't think this is going to last for a lot longer, volatility is around the corner. As we can see on the 1h chart a triangle is formed, this type of triangle usually breaks up and not down when it's keep pushing the upper flat line of the triangle. So it's possible a short rally is on sight but if we can see to a more long term candles we are still in a bearish posture which means either it will be a short bullish rally before bears gain momentum for a new hard fall from a higher price or the bullish rally must be a pretty convincing and long one to reverse this bearish posture of the last 2 weeks.
Let's see how long it will take to make next move and take it from there with an update. Stability won't last much longer.
P.S. Like it if you like it or let's dicuss about it
Yours
Cryptohora
We will get another chance to buy BTC around $3600 in next weeksThis BTC/USD weekly chart is indicating a good point. There will be a correction in upcoming weeks due to strong resistance level of 50W MA similar to 2015. So the possible lowest value will be around $3600 as of strong support level is at 200WMA.
CRYPTO: BITCOIN - TREND - 22. JAN. 2019WELCOME TO DACAPITAL-TRADING!
BTCUSD FOREX BREAKDOWN 22 JANUAR 2019
1 HOUR
Bullish daily breakout, expecting market to rise
4 HOUR
After a short bearish wave market turning after the break.
DAILY
61.8% Pullback of previous bearish X-A Wave, Good long entrys now!
LEVELS
(Follow the Trend and move sl every day!)
BUY XBTUSD (Bitcoin)
ENTRY @ 3578.2
SL @ 3402 (5%)
TP @ Open (Around 15%)
RR: 3.00
(IMPORTANT: Use small risk!!!, midterm positions with bigger range)
IF YOU HAVE ANY QUESTIONS LET US KNOW IN THE COMMENTS
ALSO LEAVE US A LIKE TO KEEP OUR CONTENT FOR FREE!!
BITCOIN: The big issue - South or North?There is an almighty squeeze in momentum in the last month after price has contracted into a powerful zone of support.
So - the big issue is South or North? There is tension in the air. Everybody know that something is about to happen! When is the big question for everybody. Well, we cannot predict the future.
For me it is about a strategy to catch BTC on the way up or take controlled acceptable losses.
Bitcoin. Anatomy of a financial bubble.Warriors!
I'm bored, nothing to trade.
Might as well make a little chart showing how Bitcoin is following the usual bubble pattern - textbook.
1- Displacement
2- Boom
3- Euphoria
4- Profit taking
5- Panic?
There have been many signs, but the real panic hasn't happened yet, for example there hasn't been the volume.
It could look like this:
-42% in 2 days, probably slowed down by whales that took profit and wanted to buy back cheaper, could have been way way worse.
So watch out traders! It could fall alot with no bounce at any time!
Smart money's job is to keep distributing as long as the price is very high (9000$ compared to 200-300$ during accumulation phase is 3000-4500%)
and let the bagHODLer delusional top buyers sell as low as possible after they distributed as much as they can.
If I am correct the whales still have 1-3 million Bitcoins to dump on fools.
Something like this can also happen, and very very often happens:
Just use maths and cut your losses/take profit to reduce your exposure when possible.
People that buy because Taurus is aligned with Uranus (this can't be real... but I know it is sadly) don't do well unless they are extremely lucky, and even then they end up losing anyway.
www.washingtonpost.com
I copy pasted some text from here :p www.investopedia.com
Crypto spam box 6. Whales have 5 weeks left to cash out.Warriors Bitcoin started moving Aaaaaaaaahhh I want to fight!
Want to know why 2018 looks like a copy paste of 2014? Self fulfilling prophecy.
The whales that went throught a bear market know what to expect. With or without them it will happen, but since they control half the supply and have this past experience, their actions follow what happened last time, just like all the crypto guru's that joined in 2017 keep calling for BTC bottom because "it always goes up" and that's all they know. Like Pavlov dog experiment... Pretty depressing than most human beings are no smarter than dogs but whatever I'm used to it now.
For the whales thought, following a path just like 2014's is the least risky choice.
I set short orders in the first box around 10300, I feel this is riskier than usual lol.
The whales are trying to cash out and they'll push the price if they have to to be able to do so. Today we saw a large move up with no volume.
They don't even need to risk that much to push the price.
In june (mid or late we will see) I will enter shot positions with great confidence, but until then it's rather risky and have to be babysitted, I'll have to take profit and always be careful the price doesn't move back up hard while I'm looking away.
10300 is a good short area for me for several reasons, they are secret. Ok it's a monthly level and there's some fibo's that are there.
+ RSI getting high.
Update: BTC Cyclical Correction close to completing first legHere's my latest view of the BTC correction.... which I now view as almost done with the A, a diagonal triangle. I expect the B to be a substantial retrace up that should last several weeks (possibly 2+ months), followed by a drawn out C later in the year.
Bitcoin. Bounce soon or wat?We're getting close to some supports.
I don't see Bitcoin just rushing below with stopping first or bouncing.
If the log trendline and ~7600 support area doesn't hold, next level I see is 6900-7200 area which is also supported by the linear trendline (since July), here:
Going to have to pay attention if we get close to these lines.
+++ I am not a financial advisor (good luck finding one in crypto). I only post for trollertainment. Trade at your own risk +++
Bitcoin BAD TIME to enter.The question is: What is a good entry point?
Wait until Bitcoin pulls back or consolidates and breaks out. Right now it is in no man's land. If it goes up you make a little, but it if goes down you lose a lot. Wait for a better risk to reward opportunity.
On this Hourly chart, Bitcoin has already broken out from it's flagpole at 3260, and Bitcoin continues is strong run out of the flagpole formation that formed after the strong breakout from 3000.
I think we're heading to 3500 / 3700 / 4000 in the coming days and weeks, but when to enter??
Entry Points: A pullback back to the 3300 level flagpole breakout support, a pullback to 3000 big support, a consolidation and breakout of 3500 to 4000.