Bitfinex
Our signals instruction. Bitcoin Trading.A small tutorial of what the lines in the signals mean when we give some levels of crossing that you need to buy or sell. The graph clearly shows how and when you should buy and sell relative to these lines
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my opinion but Bitcoin is at its most critical point in yearsso there it is, just my opinion, the curve needs to hold or at least be a loose marker to progress
bakkt - are institutional investors really into bitcoin and the twitter freaks make out?
imo its no!
i am still in the thinking CME do not want Bitcoin over 20k ever again and the last ATH where whales buying up on the futures news and shorting for a year on the first bitcoin trading date, the facts are there to be seen. we mooned and dropped on the very day they launched.
#bitcoin in the next month is going to show us i guess
i am waiting, not trading.
PS- twitter maxi's are idiots- Pomp's company does not even hire a market analyst ,
youtube crypto zombie is good viewing but the rest to be honest are just after your clicks!!!
XBTUSD Long TR Day:TR Day: Open is magnet all day and Especially Late in Day
A trading range day often oscillates around the open all day. If the market is near the high or low of the day in the final 2 hours, look for a reversal toward the open. Most trading range days end the day around the open.
Día Rango de Trading RT: Abierto es imán todo el día y especialmente tarde en el día
Un día de rango de negociación a menudo oscila alrededor de la apertura todo el día. Si el mercado está cerca del máximo o mínimo del día en las últimas 2 horas, busque una inversión hacia la apertura. La mayoría de los días de rango de negociación finalizan el día en la apertura.
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Ethereum About To Move Up Against The Dollar (ETH To $235 Next!)Ethereum has the same chart as Bitcoin (BTCUSD) basically.
Here we are looking at a bullish RSI with a bullish MACD cross.
A double bottom and increasing volume with a clear break above EMA10.
We've marked our targets on the chart.
What's your take on where Ethereum will land next?
This is a short-term analysis.
Namaste.
THIS IS NOT FINANCIAL ADVICE.
0034 - Short LTCUSDPrecio de Entrada: 70.14 USD
Stop-loss: 75.86 USD
Objetivo Mínimo: 56.34 USD
Objetivo Máximo: 32 USD
Razonamiento:
- El precio rompió el soporte ubicado en los 70 USD, por lo que se buscan operaciones bajistas.
- La entrada esta en el posible test al soporte que fue roto. Se estaría operando el test al nivel invertido.
- El stop esta por encima tanto del nivel invertido como del nivel Fibonacci 61.80%. El retroceso Fibonacci se calculó usando el mínimo y el máximo del 2019.
- El objetivo mínimo se ubica cerca de los 55 USD, nivel en el que confluyen varias cosas: (a) El nivel Fibonacci 78.60%, (b) un nivel invertido que se formó en Marzo 2019 y (c) un soporte mensual antiguo (Nov. 2013). En ese sentido, espero encontrar algo de demanda allí.
- El objetivo máximo queda reservado para el caso en que el precio rompa el soporte que se encuentra a los 55 USD. De ocurrir esto, lo más probable es que veamos la reversión completa de todo el movimiento alcista que inicio en Feb. 2019 y vayamos a testear el mínimo del año: 30 USD.
Bitcoin: $16000, mid-October.Main cryptocurrency chart BTCUSD has been in a bearish correction since the end of June. Asset has tested the medium-term downtrend line (red line) several times and is currently trading relatively closely. The structure of movement itself, if you look closely, has a large number of local Fibo patterns.
To analyze them, let's introduce following symbols:
point A - annual maximum of June 26,
point A1 - local minimum in the segment AB,
point B - local maximum of June 10,
point B1 - local minimum in the segment BC,
point C is the local maximum of August 6,
point C1 is the local minimum on the segment CE,
point E is the moment of a local trend breakthrough,
point D is the moment of a medium-term trend breakthrough.
I Let's apply Fibonacci retracements to downtrends AA1, BB1 and CC1, in order to interesting pattern be revealed. Each subsequent local maximum on the correction trend reaches the Fibo level of 78.6%. This is point B for AA1 and point C for BB1. If we assume that the regularity is preserved, then point G - correction for CC1 should be located in the area of $11600-11700. Thus, a medium-term trend line should be broken at point D, which should be the beginning of a new upward movement and completion of current consolidation.
II The very structure of medium-term consolidation is a triangle. This triangle is already formed by more than 75%, which, according to the rules of technocal analysis involves its breakthroughin the near foreseeable future. It is believed that after breakthrough the range of movement in this direction should be equal to the figure size. The height of the triangle is about $4800. If breach occurs at point D at the level of $11200, then BTCUSD should grow up to 11200 + 4800 = $16000 .
Before consolidation began, Bitcoin was trading in a strong parabolic bull trend (from $4000 to $13800). Together they form a figure called pennant, which is a figure of trend continuation.
III Let's denote the segment AB by one and apply the Fibonacci time periods indicator. Then point C will be on time interval No.3, and point E on interval No.5. Next interval No.8 is located on October 12 , so at this time it can be expected next important point at the price chart (local maximum / minimum / breakthrough of the trendline).
Summing up, a number of factors, local and global patterns indicate that BTC will finish consolidation in the nearest future and begin a new growth phase with a target of $16000, and new important point of interest will be formed in mid-October.