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Bitfinex

Bitcoin Weekly Closes Bullish | Altcoins vs Bitcoin Short-TermThe weekly candle is now complete and we have a bullish close at $59016.39 for BTCUSD. Last week closed higher than the 15-Feb. week where Bitcoin hit its previous All-Time High. The current All-Time High on this exchange (BitStamp) is currently set at $61781.83, hit on the 13th of March. As Bitcoin grows, the Altcoins market is also doing great and showing positive numbers. We stay bullish, always, above EMA10. Bitcoin weekly, BTCUSD (W), hasn't tested EMA10 as support since October 2020. Currently, EMA10 is sitting at $47425. The next resistance weekly is set at $65,000 short-term followed by $73,000 and $80,000 if the bulls can stay on top. $100,000+ is still in the cards... Fiat money printing is set to continue and thus cryptocurrency (Bitcoin/Altcoins) is positioned for massive growth. This is not a prediction of future events, Bitcoin has grown by 14X since last year or more. The altcoins are also growing, some are doing really good with 20X+... This is only a small portion of course, but we don't see this type of action when the bears are in control, we only see this in a bull market. What About Altcoins vs Bitcoin Short-Term? Many of the Altcoins vs Bitcoin pairs had already an initial breakout and a secondary jump, many are ready to print a strong correction/retrace. Please keep in mind that it is completely normal to see this happen. You can see corrections of 30%, 40%, and 50%+... But some of these altcoins have been growing for months and by 100%, 200%, 300%, and even 500% or more. If you are trading, focus on the pair and timeframe you are looking at, let the other things go. Extract the numbers and start to trade... Adjust based on the results. It doesn't matter what really happens, we need to sit back and watch, after having our plan, to see what will really happen with any open trade. Since we calculated the potential risks as well as profits, there is no surprise for us. The cryptocurrency markets are set to continue growing... This is Alan Masters. Thanks a lot for your support! Namaste.
BITSTAMP:BTCUSDLong
by AlanSantana
38
BTCUSD BTCUSDLONGS BTCUSDSHORTSOne thing to always be aware of is what are the long/short ratios. In this chart we can see some normal PA and L/S action. Also evident are Bitfinex hunting liquidity. As you can see longs are more dominant than shorts now so you can expect some liquidation. Things really got to an excessive amount shortly after the ATH. Notice how the longs didn't dominate until recently. A good number of shorts got rekt also. Rule of thumb, if longs are more dominant than shorts, expect a dump. If shorts are more dominant than longs, expect a pump. Manipulation at it's finest.
BITFINEX:BTCUSD
by John_Q_Public
1
SHORT TETHER to zero!? USDT now illegal in the US???? New York.NY Attorney General has deemed Bitfinex and Tether illegal in New York State? And why? ag.ny.gov I'm relatively new to crypto but Tether and stablecoins are a complete scam? It's like a digital counterfeit US Dollar that's beyond the US regulatory reach? Or not? If one carefully reads New York's Attorney General - seems like she's passing the baton to other authorities in the US to deal with the matter on a larger scale with a bigger stick? A national or even international stick? How does one short USDT? Seems like a MUCH better short than the real USD? A fake crypto unbacked USD coin that's not even controlled in the US is a complete and utter joke and yet, its world wide volume beats open source, open code and undelutable Bitcoin BTC? "Houston, we have a problem in cryptospace. expect massive storms ahead and great turbulence..." "yes, I mean, more turbulence!" Tether shows the dangers of closed corporate and unaccountable owned coins. Crypto = don't trust humans or banksters, verify". Tether has zero accountability. You have to be totally clueless to use this coin for legit reasons. Who owns Tether and controls it? If you know the answer to this question, you would not hold USDT or any over unstablecoins. i am truly amazed to see that trillion of dollars is volume is moving around the planet on a worthless Tether crypto backed by a FIAT is already in big trouble.Tether is apparently backed by billions of dollars that have never been audited! Is this a joke on a cosmic scale? This is where the US Central Bank and government need to step in and ban all of the "stablecoins" since these need to be back with real FIAT from the Federal Reserves of each country. The US needs to own all *USD* based stablecoins which means investors and traders, will be fleeing away from these highly toxic "unstablecoin" coingeek.com I am not actually short Tether because I don't short scams. Too unstable. As this long term chart demonstrates Tether has a nice short squeeze. There's safe ways to cleanly make money. If the US can't figure out how to deal with a few digital counterfeiters of the USD, investors can only speak with their dollars. On the plus side, two things will happen with the looming and unavoidable Tether USDT crash: 1. The US will have someone to blame. Specifically, the two characters behind Tether. I hope they have a good army because I would not go up against the US Government even with billions of US funds. There's no place to hide in the world. Ask Julian or Edward! LOL Best to always stay on the government's good side because it might take them years but they can't allow this "st 2. All the "unstablecoins" like Tether and other non-sense "BS pegged" currencies are toxic. Stablecoins should only be issued by the various central banks. So the USD stablecoin needs to be the Fed's CBDC 3. Bagholders of toxic BS stablecoins like Tether USDT will move their money to Bitcoin and Ethereum as the King and Queen of open, unmanipulated, crypto with BTC having the lead because of Lightning L2 and its finite supply of satoshi. Looking forward to truly sovereign government backed, stablecoins from each country. Not sure which one I would trust just yet but it would become clear which countries have their house in order and which are a total farce.
KRAKEN:USDTUSDShort
by UnknownUnicorn2413721
FEB23 WEEKLY UPDATE BTCUSDWith a new frame added today in the cryptocurrency world, at this time, we've traced a new weekly route based on the pivots for taking advantage of any long/short positions in the markets. With this strategy, the range and results have been clear and enough in terms of conservative risk management. If you are a risky person or running without leverage probably can go ahead with a closest range. It is up to you. Still, We personally do not recommend you set the most immediate ranges if you are not going to be in front of the screen slaved all day long. If you like this, support this channel and follow us on social media. / Con un nuevo marco agregado hoy en el mundo de las criptomonedas, en este momento, hemos trazado una nueva ruta semanal basada en los pivotes para aprovechar cualquier posición larga / corta en los mercados. Con esta estrategia, el alcance y los resultados han sido claros y suficientes en términos de una gestión de riesgos conservadora. Si eres una persona arriesgada o corres sin apalancamiento, probablemente puedas seguir adelante con un rango más cercano. Es tu decision. Aún así, personalmente no recomendamos que establezcas los rangos más inmediatos si no va a estar frente a la pantalla esclavizado todo el día. Si te gusta, apoya este canal y síguenos en las redes sociales. _ DeFi | A·vant-garde @inteleth
BITFINEX:BTCUSDLong
by inteleth
FEB23 WEEKLY UPDATE ETHUSDWith a new frame added today in the cryptocurrency world, at this time, we've traced a new weekly route based on the pivots for taking advantage of any long/short positions in the markets. With this strategy, the range and results have been clear and enough in terms of conservative risk management. If you are a risky person or running without leverage probably can go ahead with a closest range. It is up to you. Still, We personally do not recommend you set the most immediate ranges if you are not going to be in front of the screen slaved all day long. If you like this, support this channel and follow us on social media. / Con un nuevo marco agregado hoy en el mundo de las criptomonedas, en este momento, hemos trazado una nueva ruta semanal basada en los pivotes para aprovechar cualquier posición larga / corta en los mercados. Con esta estrategia, el alcance y los resultados han sido claros y suficientes en términos de una gestión de riesgos conservadora. Si eres una persona arriesgada o corres sin apalancamiento, probablemente puedas seguir adelante con un rango más cercano. Es tu decision. Aún así, personalmente no recomendamos que establezcas los rangos más inmediatos si no va a estar frente a la pantalla esclavizado todo el día. Si te gusta, apoya este canal y síguenos en las redes sociales. _ DeFi | A·vant-garde @inteleth
BITFINEX:ETHUSDShort
by inteleth
Bulls ready for $66000 ?Bitcoin did fill the 78.6% fibonacci retracement. In most situations, a fib level should be tapped twice. And that's exactly what Bitcoin is showing right now. We saw the first spike towards this fib level. Followed by a second spike ( so far ). What if the price goes below the trendline? If price is going below the trendline what's currently holding, than we must watch out for a BARR pattern. ( Bump and Run Reversal ) This means we could see a major reversal in the days after the trendline failed. What if the price stay above the trendline? If price can maintain the trendline, than i expect a rally towards the $66000 region. This level falls inline with the -0.618 fibonacci extension (target). Conclusion: " I think the bulls should be able to hold this level, they have confluence with the fibonacci, the extensions are inline with the targets. If the trendline fails, i will be anticipating with shorts. Thank you for checking my analysis! Do you have tips or other comments? Tell me please! I'm open for feedback!
BITFINEX:BTCUSDLong
by stannieb
6
BTC targets hit. Would like to see confirmation of channelTitle explains the whole thing more or less. Just another quick update from last video. WE had targets hit. No surprise. Like i mentioned, there's only one real way to have a supply crunch and that is to get rid of weak hands. otherwise people will just sell at *tops*, therefore no supply issue. I just mentioned targets I would like to see, and how I would be more bearing if we just continue to push up and get rejected at ~56k. Though like I said before. I'm not too worried unless we drop under and find resistance at the pink line. Skip to the end if you want see my opinion on vechain.
BITFINEX:BTCUSD
by TrendLINEBoys
2
BTC ramblings: Update on standard channel movement and hopesRambling update, but some nice content i think anyway. I'm pretty much continuing off the linked chart. no big surprises on resistance seen here. I would prefer bigger drop about 6-10% to give nice room to consolidate on a movement back up. Like always, I mainly do not want to see a rejection under the pink line for mid term btc movement upwards. We didn't see the selldown I wanted for super easy call options, aroun the 16th, but at this point not sure if it matters. High chance we would have seen resistance all the same at red line. Also I do not like btc getting bought before ~51.5k and ~49.5k. I think it just creates more resistance on the way back up. ~20 minute video
BITFINEX:BTCUSD
by TrendLINEBoys
1
$65000 is closer than we think!?If i look to the bullrun in 2017, i see some When I look at the bull run in 2017, I now see some similarities. Look at the break of the ath, the 1st consolidation after that, and then the run up. So following the previous cycles, I really think this could be the road that Bitcoin is going to follow. In the chart below, you can see the Bullrun from 2017. Let me know what you think! Thank you for checking my analysis! Do you have tips or other comments? Tell me please! I'm open for feedback!
BITFINEX:BTCUSDLong
by stannieb
2
Btc and crypto state chart analysisI don't know why i cant replicate my schiff pitchfork, even when I use the values I see on the main chart. Ill keep trying to figure that out. ----------------------------------------------- Mid term, I am bearish on Btc. The bounce spots can be seen and there will be a link to the pitchfork chart for future reference to it. It def appears to be rising wedge motions, but we keep hitting the support trend-line underneath. Some may find it more advantageous to just trade alts instead of Btc due to the nature or the market and alt movement. I don't really think there is too much more to say. its a 20 minute video, i get into doge at the end and mainly show how high up targets were already hit and how i can see a potential downside. But if you just buy the bottoms, then it really doesn't matter what happens in between. I see a possible upside of around 55k and possible downside bounce around 30-35k. Though with 4hr hull averages, a bounce at the blue line and the averages would be about 43k. Though, after a 43k bounce, I could see the pink line or about 46k, providing decent resistance and pushing Btc further down. TL:DR I think Btc has more downside than upside because alts have already hit big targets and rising wedge possibility. The 4hr hull averages give me hope, but i do not like falling under the pink line (1.75).
BITFINEX:BTCUSD
by TrendLINEBoys
1
LTC Big Correction Could Be Underway BITFINEX:LTCUSD We are all waiting for this big BTC correction to happen and start the real alt season. If LTC is able to climb above 0.5 fib. retracement level before btc corrects, it is possible for LTC to then also climb above touching the 0.618 level and then go for a bigger deep. This correction could potentially be the last big opportunity to buy ltc this cheap. Any of the 0.5 or 0.618 retracement levels could reverse the price in a short term, but 0.618 level will probably be the one that will reverse the a price for a correction. I am not a financial advisor so don't buy anything that a say. Wish you all successful investment.
BITFINEX:LTCUSD
by AVA37
3
BTC/USD - Schiff P-ForkRedid the chart in order to remove trend lines that did not need to be there. Not much to say. Its pretty straight forward. Just targets for buying and selling. Its not only called the top almost perfectly, but also the subsequent rejections at 38k and 35.6k If you want to use it. You MUST goto 30 minute timeframe and enter values for schiff pitchfork: Price/bar #1:11939/-4283 #2:12673/-3515 #3:14550.5/-3803 I'm using .25, .5, .75, 1, 1.75, 3.618, and 4.618
BITFINEX:BTCUSD
by TrendLINEBoys