Bitcoinmoon
Entering A Trade. Lets ride with BitcoinLooking back at the 47 day range before the last run-up, there is clearly a pattern to creating a new high. We could see something around 825-920€ if this goes something like the last time.
BTC Weekly Candles Shows Upcomming CorrectionWeekly Candles have stopped making big wicks,
we are up for a correction ?
Jurik's RSI (smooth rsi) also shows overbought levels and
after every bull phase, btc has correction so i guess we are going to go sideways
and then a dump maybe and then form support and hit 6000 levels.
Bitcoin the FutureBitcoin is heading to 1000$ everybody knows this, thats why this trade is risky.
The cloud is my protection; my stop loss
Hope you enjoy the upcoming fun.
[BTC] Short termHope that this will help decision making. All TAs and FAs welcomed in the comments as always. My previous 5 month old noob EW wave count was aiming for 900 USD region and then changed to 800 USD. CHEERS !
Continuation/Revision Idea: Are we about to enter next Cycle? My Forecast for Bitcoin ( 6 months -1 year ):
We will finish completing this fractal around the beginning of September.
The next price ranges for the next few months will be around 600-680 followed by a 680-770 range.
Around December to January we will start the next phase of this cycle, which is the Spike Phase and start to see new highs.
This will continue until we hit the next cycle target/top is around $3750 or 25000 Yuan.
Hey how, let's go! BTC to the moon!For more info and a comparison of the 5 mayor cryptocurrencies of this moment, please see steemit.com
And go long. Very long. :)
Downtrend from 4000CNY top broken?Good chance bitcoin price can go up/sideways from here. Price crossed resistance from 4000CNY top earlier today and thoroughly tested new support. With the last 30min candle price even crossed a minor resistance up. TRIX and RSI also crossed the resistance line from 4000CNY top.
BTC Bitcoin two day forecastBased on my experience, bitcoin market very often pumps and then corrects itself. Usually there are moves in like 20-40 USD and then correction half the way. I see the price rise for last few days, I expect it to reach like 425, maybe 430 and then I expect correction to like 410-400 range. I think this cycle will happen until sunday/monday. You should prepare yourself for short then. BITSTAMP:BTCUSD
