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BITCOIN TO 30KTechnical analysis: a symmetric triangle going to break to 20k then 13k again and then 30k . if you ask when this is gonna happend i"d tell that i dont know when exactly but its gonna happend in the next years maybe. Fundamental analysis : trade war is getting too strong as china sells the u.s bonds and also the devaluation of the yuan. china, russia, U.E is buying gold as a currency for reserve while the fed is cutting the interest rates for the first time in 11 years . Germany had slow his economic growth and is entering on a "technical recession" . China had his lowest economic growth in the last 30 years . Italia is on a recession, argentina had his worst day on history last monday 12/8 . The FMI redefine the world economic growth with a cut to 3.5% , the same level as 2009. Its your decition to be in the side of the looser or in the side of winners...
BITFINEX:BTCUSDLong
by tomiwolf
1
BTC/USD - Either make or breakBTC is currently range-trading between several trendines. The flag we're currently in, is pointing up which statistically is a bullish flag breaking up. If we fail to gain back the previous local top at $4190, price action guidelines say. "Confirmed fail to gain will result in a lower low before it's repeated again". Meaning if we fail to gain $4190, we should be looking at the $3,5k zone for a re-entry for longs. Taking a position where we are now is high risk trading and is not recommended. On the long term, these are two important trends to watch. The top one was the main rejection which caused the BTC dumping from 6k in combination with BCHs fork. If we manage to break above that trend with good volume it's a great indication for bullish continuation towards the 5k area. It's also worth mentioning we got an almost perfect bullish inverted head and shoulders on the 3D chart. The shoulders are having the same candle close, and the neckline is picture perfect straight. Look after this one! If you like it and would like to receive future updates - Please, follow me on TradingView! If you follow me, I guarantee you will receive timely updates to this chart, and all other interesting tickers. This will allow you to stay on top of the current market sentiment and hopefully maximize your profits! For support, sign up to Binance and Bitmex with these links for referral www.bitmex.com www.binance.com If you agree, please, Like this Idea - This would be the best feedback and encouragement for me!
BITMEX:BTCUSD.P
by Pineapple1k
2
ETH is preparing for a bigger move to $200+ On the daily chart, ETH have been forming a big ascending triangle closing in may. Inside this ascending triangle we have also created a small trend line (black) which could accelerated the breakout. The top trend line in the ascending triangle is resting at $162, and all price action below this is considered being inside the triangle for now, unless we break the bottom trend of the triangle marked in blue. Triangles is usually continuation patterns. A descending triangle in a bear-trend is a strong indication for us to break down. A symmetrical triangle/pennant is a little bit more neutral in a bear-trend, but it's also a continuation pattern so statistically speaking it should break down. However, ascending triangle is a bullish pattern which now is appearing in a bear-trend. These sentiments sort of neutralise each other, making it more likely we will break up. Trading between the trendiness can make some crazy good profits! If you like it and would like to receive future updates - Please, follow me on TradingView! If you follow me, I guarantee you will receive timely updates to this chart, and all other interesting tickers. This will allow you to stay on top of the current Ethereum trend and hopefully maximize your profits! If you agree, please, Like this Idea - This would be the best feedback and encouragement for me!
BITMEX:ETHUSD.PLong
by Pineapple1k
1
BTC halving fractal. BOTTOM ZONE HERE?HEY ALL! Welcome to this mind-blowing chart of reversals, tops, bear-markets, halvings, ATHs, FOMO, FUD and fractals! It might seem like a lot in the beginning, but I'll walk you through everything. Without further do, lets jump into it. The first halving happened 28th of November 2012. It happened around 546 days after the top of the first big market cycle. After the first halving it took 364 days to reach the next ATH. The second halving happened mid-july 2012. It happened around 546 days after the market cycle bottomed. After the second halving it took 525 days to reach the next ATH. (actually 546 days if we count from the small peak right before). From the last ATH (19k) its possible it takes 364 days to reach the bottom (see chart) which match up perfectly with 546 days to the next halving happening 25th of may 2020 (give or take a few) This chart isn't accurate, so give or take a week or two as it's using weekly candles. But as you can see, it's the SAME number of days all over the chart! I found it very interesting, and looking forward to see if it's playing out. I added the fractal of the last bottom to the last halving to this time, just so you get an idea on how the price COULD be evolving over time. This is not financial advice, but purely speculation. What do you think?
BNC:BLXLong
by Pineapple1k
2
Bitcoin - Rising Wedge EditionSo, something that's starting to take shape here on the 4H chart is this brutal rising wedge right now. I'm not saying I'd be short from here as if this is a rising wedge, we're likely going to rise once more before we fall. So I'd be looking to short right now at around $4550. It's a good level up there, strong resistance from the last bear flag and would be a good spot to start our decent from. It would also allow for a drop to around $3850 or so to make a higher high off the double bottom and reverse back up from there. There is a chance that we break down from $4220 to around $3800->$4000. The issue with this is I'm not sure $3800 would be enough of a drop after breaking out of a falling wedge. Just doesn't seem like a large enough move. Which would concern me about a potential triple bottom. So we'll have to see how this all plays out for now. I'm not risking a long or short here right now, would rather see how things play out a bit. A break over $4400 I'd long to $4550 probably. A break below this line, I'd open a short to around $4000ish and then scale in on a long from that $3850 area. Lastly however, the 'lean' I'd have is short, simply because the 4H indicators are looking fairly bearish here. MACD is curling and threatening to cross down and TTM Squeeze is currently curling down as well. Will be interesting to see how this plays out over the next 2-3 days.
COINBASE:BTCUSD
by astronautdotgg
Multiple Reversal Possibilities Showing on BitcoinWe're at a zone for a lot of trend reversal possibilities. Many indicators show that we can flip to a bullish trend, including a potential Inverse H&S Patter on 1D StochRSI, floored 4H StochRSI, multiple Bullish Divergences on higher time frames, J-Hook Reversal Candlestick patterns forming on 4H, Ichimoku Cloud Support about to hit on 4H, Fib Retracement 0.382 Level hit, 4H TD9 count soon ... also... lower timeframes showing potential reversal patterns such as a potential reversal Broadening Wedge, or a Falling Wedge being made if it drops a bit lower. These 2 short-term reversals can lead to a bigger Inverse Head & Shoulders ORRRR a larger Diamond Reversal (aka Bart Simpson) pattern being made. Funding has also dropped and gone away for shorts which means there will not be as much sentiment towards keeping shorts open. My market sentiment tool ( Ask me about it via Twitch or my Discord, I cannot post links here ) shows that Longs are being accumulated while shorts stay flat. My position : >> Keeping short open to catch funding. >> Opening longs in Futures as a hedged position. Overall sentiment : Long -Wolfie
BITFINEX:BTCUSD
by TheWolfofPoloniex
6
Recharge before next breakoutNotice how in each of these channels, the bottom line breaks after the third touch (or shortly after). The same should probably happen again here. I think could be potentially explosive as its hung out in this accumulation zone between 6.2 and 7.5 for several weeks now. I think this could potentially ride up to about 7.9k-8 in this channel before coming back down to one of the blue boxes. POA is on the verge of a big break, but it needs a little more time to accumulate. Above 9.5 is really uncharted waters, but theres a decent amount of hype surrounding this project and its new dimension to blockchain. This project should present great upside in the immediate future. If youre looking for a flip and scalp, I have targets listed. Otherwise, id say its a good buy now. Current market cap is $150M so a lot of room for growth. POA main net launches 5/10, so expect a pump over the next several days. Honestly wouldnt be surprised if this 2 or 3xs before then. I dont wanna shill, but alt season + new project + new type of blockchain tech (poa)= massive upside SL - 5.5 P1 - 7 P2 - 6.3 Note: I filled my bags earlier last week, but I like where this is headed.
PLong
by CPA4PAY
2
Only GOD knows? I don't think so #rainingLambos #BitcoinI'm back brothers and sisters. If you got the clue in my previous idea, you would have known the target of 6666. After going over the btc chart 6666 times, I found what's in my opinion most likely to happen. It looks like everything lines up. Especially when a lot of 'specialist' are predicting a W- bottom followed by a moonshot. Yeahhh right, it will be funny how they will say they predicted it until it starts falling again hehe. This is in my view a big WXY(XZ) correction that will be finished in the next month. Right now we are in a wave 4 of 5 I believe. This current wave will most likely not go over 7300-7400. 5th Wave will fall to 5800-6100 (6006.66 is my target). Target for B wave is 7777.77 Final target for C is 4367. It could temporarily go lower but I don't see us staying there or going under 3.5K (not saying it's not possible!) We broke our major support that held us for quite a long time and we will test it again, I will post a daily chart under this so you can get a view of the bigger picture. The biggest support will hold us around 4k. If this breaks I will call RIP BTC. Questions and comments are always welcome! --This is just my opinion, take it with a big bucket of salt--
BITFINEX:BTCUSD
by kingjardan
Tiempo de Partiro My horizontal support line and upper bound of the July Channel is being broken as I write this - not surprised and was expecting at least a wick below it. W What I wasnt expecting is such low volume on this break. I think most of the community is somewhat surprised by the lack of volume, but maybe people are getting smarter. This means lower lows are to be expected - we're gonna break the 2/6 low. I suspect we hit 6.2k on 4/13 (blue arrow), with a wick going into the 5.5 (green). If a wick breaks that trendline, then I think we will see more bear market down to 4k.
BITFINEX:BTCUSD
by CPA4PAY
BTCUSD OFF TO THE RACESWe have witnessed a great battle in recent times, and much to the relief of many, saner heads have prevailed. 1) In a textbook breakout pattern, we have recently broken out of the downtrend line and came back to touch it before taking off again. I waited for the recent bounce on the line as there was the possibility of reentering the bear channel as price did on Feb 20th but it seems we are good to go! 2) 4H Ichimoku cloud has just crossed bullish with the price already on the upside of the cloud. This is one of my favorite bull trend signals due to its trending reliability. (The price wasn't very high above so it is not something to bet all your eggs on but noteworthy regardless). 3) The 26/02/2018 12:00 4H enormous volume candle is the primary signal I was awaiting for the shift of tides from the bearishness to bullish again (see attached bearish chart), coupled with this successful breakout, that candle is now a confirmed bull trend turnaround candle. As indicated by the green arrows, this bottom happened on a powerful support that sent the price rocketing back up previously on 17/01/2018. This recent volume spike at that level has confirmed the recurrence of such strength which is what was needed to get through and stay through the downtrend line. 4) As you all may see the 0.382 fib has been strongly tested multiple times and is set to break considering it was broken the last time it was tested on 20/02/2018 weakening its strength and now we're coming back for more. 5) Upside target of this move after the 0.382 break is the next order block at 13800 at the red median line of the 2 1/2 year pitchfork. *As shown by the Volume by Price for the Visible Range indicator on the right hand side, there are no order blocks that will provide resistance until 13800. It seems we are off to the races, may march bring great bullishness to all! Act now or fourth ever hold your peace. -FF (SEE COMMENT)
BITFINEX:BTCUSDLong
by FenixCapital
10