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Retracing A Month UpSide Rally In 2 Days ! Top Longers in shamblUnfortunately Today I couldnt upload a video , it kept failing ONLY on this platform! Bitcoin\4H Had A Capitulation Candle Down (-10%) and will continue to go down after a consolidation After slow bleeding for 2 days BTC finally did what it suppose to do and legged down 10% and caught every hasbullah off guard resulting in Hasbullas getting liquidated left n right We Also filled the gap (20500 to 20k) AS PREDICTED ,Now this dump is just the begining of a bigger dump thats comin maybe with todays news (18.4) then consolidates there or pushes backup to 19.5 and hold there. If you look at 4H candles u see they are getting smaller in size and volume is dropping showing Bears are taking the thumb off the sell button and giving some room for retracement following in another fake bull move maybe ~20800 which eventually end in more sell. On 15Min chart we are doing another Parallel channel but it could change as its low time frame pattern Liquidity to upside around 22.8 is 4M around 23.7 is 11M
BINANCE:BTCUSD.PShort
by pcmonk
Debate 'Safe Heaven' Bitcoins- Skyrocket Coronavirus nCoVid2019Hello my dear traders and friends, As you can see the Bitcoins chart, the value has skyrocket in 2 months after the first major outbreak pandemic coronavirus on January 2020. People start to buy the bitcoins and the value increase towards the sentiment. They thinking this bitcoins will be the safe heaven towards this pandemic. For the reason, if you move towards to other countries you can sell it online anytime. This is their perspective which cause this element to bullish. For most people, they tend to see bitcoins can be really the safe heaven money. In my opinions, the bitcoins is just only worth the credit and it against the fiat currencies towards the major Dollar. While Dollar also has decreased its value as what we can see the central bank trying to adjust so many times the interest rate and clearly they do not know what their doing. It is a bitcoins that digital currencies which the value that something you do not own. It is just a value and with not many countries accepting the change towards the bitcoins currency. For the I put it bitcoins is a new currencies which we do not own physically but it is still a fiat currency that non-physical. I just want to records this as my journal and put my ideas towards this currencies. Yes of course I do trade bitcoins but to the somepoint which I do not agree where this digital currencies is be in the sentiment that people look as describe the 'safe heaven' currencies. As what like we saw on the historical and let the history of the Dollar speak for itself. For the past of bitcoins history, BTC also has got some major crash long time ago and this also happen on the fiat currencies as well. WIll people purchase the BTC as long this pandemic coronavirus in the background ? Or is it just a sentiment only ? Will Bitcoins drop when all the sentiment towards the virus disappear? As what I can conclude, this is just a trend. When the trend is over, people will less demand towards it. The price will drop and more event in the future caused it to be skyrocket as well. It is just a pattern. By Zezu Zaza
GEMINI:BTCUSDEducation
by Zezu_Zaza
2
XTZBTC broke out the resistance | Upto 167% move expectedSince Feb 2019 the priceline of XTZ / Bitcoin Cryptocurrency was moving within a pennant and finally broke out the resistance of this pennant in Sep 2019. The the price correction was started and in Oct 2019 the Stochastic and RSI went in oversold and at the end of Oct the MACD turned weak bearish from strong bearish and Stochastic gave bull cross and RSI turned bullish. The Ichimoku cloud is also turning bullish. We have a new support at 0.00008786 sats after this breakout. Our target should be the projection area of tail to support of this pennant from 0.382 to 0.786 Fibonacci as below: Sell between: 0.00015935 to 0.00023495 Regards, Atif Akbar (moon333)
Long
by moon333
3
PERLBTC formed bullish BAT | Upto 16% potential tradePriceline of Perlin / Bictoin cryptocurrency has formed a bullish Shark pattern and entered in potential reversal zone. This PRZ area should be used as stop loss. We have a 200 simple moving average support above the PRZ area therefore the priceline may only give spike in this buying zone. I have used Fibonacci sequence to set the targets: Buy between: 0.00000412 to 0.00000402 Sell between: 0.00000434 to 0.00000469 Regards, Atif Akbar (moon333)
PLong
by moon333
MDABTC has formed bullish BAT pattern | Upto 408% possibilityPriceline of Moeda Loyalty / Bitcoin Cryptocurrency has formed bullish BAT pattern. The A to B leg was retraced almost 0.50 Fibonacci and also gave a spike upto almost 0.618 so here the MDA had only two choices whether to form a bullish gartlay and make a D leg upto 0.786 fibonacci or to form bullish BAT pattern and form a D leg upto 0.886 Fibonacci. (I don't think so it will go for bullish butterfly the reasons I have below) In previous chart I was expecting a gartley therefore I published a gartley's chart but now the D leg is retraced upto 0.886 Fibonacci so now the bullish BAT pattern is confirmed insha Allah. Now the D leg is entered in potential reversal zone. RSI is entered in oversold zone. Volume profile is showing weak interest of traders here. MACD upto 2 week chart is turning bullish: Upto 2 week chart stochastic has given bull cross: Soon the MACD and Stochastic will be turned bullish on month chart. I am expecting that the next candle stick will be closed sideways within this potential reversal zone therefore if we want to enter in safe and sound then we can wait for next candle stick. I have used Fibonacci sequence to set the targets as below: Buy between: 0.00006993 to 0.00011085 Sell between: 0.00020861 to 0.00035528 Enjoy your profits and regards, Atif Akbar (moon333)
MLong
by moon333