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Bitcoinpricetrendanalysis

UPDATE: Revised Lazy Trader for #Bitcoin profit $11,126,800.14Here are the NEW rules 1. We only use Weekly chart for buy and sell signals BUY: Weekly candle must be above the 20MA Stochastic RSI upward but not above 80 MACD at least 3 histogram bars in a reverse swing buyers momentum if all rules are met buy on the week start Sell: Sell 50% if Stochastic RSI has been above 80 and drops below - sell into the 2nd week of it being triggered this changes the outcome to $11,126,800.14 from $8,299,810.26 (buy back in if ALL BUY RULES ARE MET) if the candle closes below the 20MA sell the rest of the 50% or all #NOTE this can be highly more profitable with a bit of tweakingChanging
BITSTAMP:BTCUSDLong
by GlobalTrader_
1
Bitcoin testing $3500 , Bullish or Bearin long term trend line it is getting support around $3500 - $3600 , It tested it 3 times in last one month, Tried to break but bounced back if it holds here then we can see quick bounce back if not then we can se downfall to $100 to $200 more from here & we can see it to $3400 - $3200 Again $3750, it is facing resistance in long term trend line , tried to break but couldn't able to sustain thr for long term and felt, Now its like a Ping Pong game or a kind of spring, getting more and more squeezed to the end. $4000 is a resistance in short trend line and whenever it go thr then get rejected. So need to watch this also and trade, If it breakout after $4k then $4400 - $4850 will be the next resistance It just broke short trend line and felt from there which is not good sign but if compare to the long trend line BTC getting support which is quite bullish.
BITFINEX:BTCUSD
by bitcoinexpertindia
1
BTCUSD been repeating the downtrend retracement at 61.8% fiboFrom the chart, the 61.8% fibonacci level on the downtrend has been acting as the major resistant for bitcoin for the entire year so far. The next 61.8% fibonacci level will be at 6910 which is just around the current downtrend trendline, breaking this resistant could signal a major uptrend move. Currently strong support at 6000 USD so watch out for the entry around there and HODL if it manages to break the next 61.8% fibo at 6910. Breaking below ~6000 USD could signal a continuation for downtrend, but a failed break low could be a signal for a long position. I'll remain neutral at the moment and wait to see the price action for either side which should happen pretty soon.
BITFINEX:BTCUSD
by sanuwat25
Bitcoin might just be relaxing a bit, to continue down further..Bitcoin has shown some strength in the recent days, but it also has no reason to go up, except for a Short Squeeze. Why wouldn't I call it a reversal yet? Cuz we still need to cross previous resistances (as high as 10k) to say we're in bullish territories. Also, the strength if the green candles is quickly sizzling off, and the bears are probably just resting for sometime... I'd look to short in the range of 7800 - 8250.
BITFINEX:BTCUSDShort
by adyscorpius