Monero (XMRUSDT) short.All description on the chart.
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Bitfinex
Bitcoin Daily Important Retracement Support (+Extension Targets)Bitcoin is dropping right now so I wanted to share with all my beloved readers and supporters the different Fib. retracement support levels.
We are looking at the daily timeframe (D).
Each candle goes for 24 hours.
Let's get started!!!
Bitcoin (BTCUSD | D) Fib. Retracement Support Levels
1) $5882
2) $5494
3) $5106
4) $4553
5) $3850
How does it work?
- If one level is broken, the next one follows.
For a level to be considered broken the daily candle needs to close below it.
- If the support level holds, a new setup can develop and a change of direction can happen.
For a level to hold, prices need to hit this level, bounce and close above it.
Pretty simple right?
Thanks a lot for reading.
Namaste.
Bitcoin will blow people awayHey whats up traders/investors my name is Dalin Anderson.
I see a great long term buy down here with cyclical timing in the markets.
nobody knows what the exact low will be for price but I see only 2 wave counts in the correction.
1 = wxyxz correction and wyx correction (bottom in at 3.2k)
2 = Large ABC correction and death wick to 1.2k
I'm investing long term all through this corrective movement and think its a very large bear trap.
if we reach 1.2K I will buy more BTC.
if we remain above critical support my buys will profit further.
If critical support fails 3.2k to 1.2k is a great r/r for small shorts as a hedge in all of this.
These are my thoughts!
Stay healthy and stay profitable
BTCUSD - SHORT - (2020-03-29)Hello and have a good time.
(Now is the best time to buy Bitcoin because it will go up)
I read this somewhere and when I said what your reason was, it didn't even give me a scientific reason to go up.
It is better to speak with evidence
Right now people are investing less because of the Corona virus, which is causing the market to collapse.
We just have to wait for the big whales to get the market out of this situation.
I wish you all the best.
Please follow me.
Thankful.
Move carefully.
Good luck.
Ripple Vs Bitcoin Is Ready For Action (86% Mapped)Ripple Vs Bitcoin (XRPBTC) just printed a higher low on the 25-March compared to the low hit on 6-Sept. '19 for 200+ days consolidating.
The price for XRPBTC made a strong bounce and is now trading above EMA10 while challenging EMA50.
These are bullish signals and can tell us that this altcoin pair is getting ready to move.
We are also on a Friday/Weekend, meaning that this move that is just starting to develop can easily build up momentum next week if the bulls follow up.
Additional information plus multiple scenarios are also illustrated on the chart.
Feel free to leave a comment if you have any questions.
Also, leave us with your thoughts on what will happen next.
What about Ripple Vs the Dollar (XRPUSD)?
Thanks a lot for reading!
Namaste.
BTC / USD - POSSIBLE FAKEOUT ?BTC is stuck between 6550 - 6700 .
We will probably try to take the stop losses above 7k and then make a big drop
There is too much uncertainty in the markets and in this asset right now, but the MAIN TREND is bearish so we follow it.
Trade with a tight stop loss. Dont risk big now, wait for a confirmation.
It Looks Like Bitcoin Can Jump Anytime Now, What's Your Take?
Bitcoin (BTCUSD) has been consolidating while prices remain above EMA10, EMA50, and EMA100, telling us that the bulls have the upper hand.
We can also see the ascending triangle pattern which also leans towards the bulls.
A breakout might happen soon... Where do you think prices are headed?
Share with us in the comments section below.
Thanks a lot for your support.
Namaste.
BTCUSD - Symmetrical triangle (2020-03-26)Hello and have a good time.
We now see the symmetrical triangle pattern in the one-hour time frame.
Not a good time to enter the market right now, until the trend is clear.
If the resistance line breaks, the uptrend will start.
If the support line breaks, the downtrend will start.
So it didn't get into the market until the trend was determined properly because it was a very dangerous job.
I wish you all the best.
Please follow me.
Thankful.
Move carefully.
Good luck.
Monero (XMRUSDT) short.All description on the chart.
Please, don't forget to like and follow.
Thank you.