BTC/USD Update The market is fighting this trend-line and as of yet, a winner has yet to emerge. If the price remains above 7000 for the next day or so, I would be confident that we will see a rally further north.
While the price dropped to the 6500 zone early this morning, it's looking that the dip was just a quick stop hunt as the market responded with a quick uptick in volume, bringing the price back up to the 7000 zone. However, if the price is suppressed back down to the 6500 zone, validating the downtrend started in Feb., then I will be opening short positions. A move to the 7200 zone will have me opening long positions.
Keep an eye on it! The market is gearing up for its next big move.
Comment on what you think is happening next.
Bitmex
BTC Bullish Elliott Alternative almost confirmed!First of all let me kick of with the fact that there are many valid elliott counts to be done on our chart, and this is simply my preferred bullish count.
Secondly, it might very well be possible that the overall sentiment in the stock market influenced the eventual count that BTC might create here, it looks clear to me that DJI will aim for that 0.618 as well... (like I have been saying for a long time already and yesterday charted in an idea to show you clearly).
Last but not least, nothing is 100% certain at this moment, everything is still suspect to change, the bears might still be in perfect control as long as the daily doesn't close above 7100. Having a bullish count doesn't mean it will reach 8k and end below 8.2k, this is simply my view on the bullish potential, DYOR! And most of all check previous activity, you will see that wave 3 of 5 perfectly retraced to the 0.618 (that what rises hard will fall hard...).
Good luck!
Bears are still in control, but what do we know 'for sure'?This chart is still similar to my original Bearish idea posted on the 10th of April:
It is not possible to say at this point if my previous target price (range) is in play, or not. All I can say is that you should have made some very good trades already based on my previous idea . On top of that I am showing you some short term key levels of interest on which you can base further decission making.
I stuck with the short term view on this one, as it has become more clear IMO compared to any other time frame, and the key levels of interest based on Fibonacci are there black on white!
Slow & Steady Bitcoin ContinuesBitcoin (XBTUSD) continues with its slow and steady growth... But still leaning towards the bulls as we've seen shared in our charts.
The trading volume is still weak, so we remain open to see a sudden move take place at any time.
Mid-week is normally when the strong action starts.
As for the chart above, prices for XBTUSD are now trading above EMA200 (brown) and aiming at MA200 or $7050+.
If prices drop, EMA50 ($6850) is the next immediate, strong, short-term support.
Above EMA200 we remain bullish.
Below EMA50 the bears take control.
This is a short-term analysis.
Thanks a lot for your support.
Namaste.
EOS Token Full Lev. Trade (EOSM20 At 8X | 400%+)Below you can find the full trade as promised.
Thanks a lot for all the support.
----------------------
Trade: LONG EOSM20 | EOS @BBLREGBOT
Leverage: 8X
Buy-in: 0.0003410 - 0.0003620
Targets:
1) 0.0003900
2) 0.0004100
3) 0.0004230
4) 0.0004520
5) 0.0004735
6) 0.0005400
Stop-loss: Close daily (D) candle below 0.0003400
Liq. price: 0.0003231
(Buy-in calculated at 0.0003590)
Potential profits: 403%
Capital allocation: 6%.
---------------------------
Please keep in mind that...
This is for advanced/experienced traders only.
Not for beginners.
Don't use this information if you can't take a loss.
Some trades you win, some you lose.
Leveraged trading is high-risk.
This is not financial advice.
Feel free to leave a comment if you have any questions or have anything to say/share, we are happy to help.
Namaste.
ETHUSD 49% and still charce to dump till $125#ETHUSD Profit update:
#ETH finally going towards our Target.
Now hit $146.75.
I cosed 70% my short position.
but if any candle close bellow $148 then I can expect $135/$125.
so guys trade with care.
I hope you all booked profit from short.
I told you TH short when ETHUSD was $161.
hope you all happy with our Analysis.
pleas read my Link idea for check my Accuracy.
Please like and follow me for latest each and every crypto updates.
Thank you
EOS Token with Leverage (8X, 400%+ Potential Profits)We have a beautiful setup here for EOS Token (EOSM20) and we are active with 8X leverage... This is for advanced/experienced traders only.
Prices are moving above EMA50 and EMA10.
We have a bullish cross on the MACD and a strong RSI.
These signals are pointing to a potential bullish move.
We have a full trade active now. If you would like to see all the details (buy-in, targets, stop-loss, and additional information), make sure to hit LIKE.
We will share at 100 likes.
Thanks a lot for reading.
Namaste.
Litecoin with Leverage (8X, 300%+ Potential Profits)Litecoin (LTCM20) is now trading within an ascending channel and is looking ready to go up.
The lower trendline of the channel has been activated, and as we can see from the past, this can lead to a bullish jump.
If prices drop below support (blue dashed line), we remain bullish after...
We have a full trade active now. If you would like to see all the details (buy-in, targets, stop-loss, and additional information), make sure to hit LIKE.
We will share at 100 likes.
Thanks a lot for reading.
This is not financial advice.
Namaste.
Tron with Leverage (6X, 333%+ Potential Profits)Last but not least is Tron (TRXM20), this one has been consolidating for very long.
Here the chart is fully mapped.
We can notice a bullish channel with resistance and support levels marked.
We have a short-term uptrend with higher highs and higher lows.
We are looking up now, but if prices drop (move below blue dashed line) we still remain bullish.
Remember to have a plan/strategy if you decide to trade.
We have a full trade active now. If you would like to see all the details (buy-in, targets, stop-loss, and additional information), make sure to hit LIKE.
We will share at 100 likes.
Thanks a lot for reading.
This is not financial advice.
Namaste.
[Chanolja] Bitcoin Check Point Hello, it's CHANoljA. Let's play.
In this analysis, we are going to point out a few checkpoints in the current bitcoin situation.
1. Bitcoin is on a downward trend.
Depending on your point of view, Bitcoin, which has been going down from about $ 7500 per hour on an hourly basis, is clearly downtrend. Therefore, you can resist the downward trend line.
2. In the small Fibonacci, it is crossing between 38.2% and 61.8%.
When we draw Fibonacci based on the most recent volatility of $ 7,200 and $ 6,600, we are trading between $ 6837 and $ 6973, which is 38.2% in recent days. It hasn't been oriented yet, so it's a good idea to look at it until it becomes clear.
3. Several disparities are converging.
It is based on an hourly wage, but you can see that it converges while gathering from the short-term bi-linearity to the long-term bi-linearity. This is the same as saying that the horizon will unfold and imply the possibility of expansion and the direction of the price will come out.
4. The RSI and MACD indicators are moving exactly in the middle.
It may not be as important in some ways, but both indicators are also moving in the middle, without any direction or trend. I interpret this as a lack of direction and I think it's right to keep looking.
Thank you for reading my post today.
Please everyone! :)
Daily analysis XBT/USD 007Hi everyone, back with some new insight.
On the 30 Minutes chart things are looking more to the upside , we have a gravity line that seems to pull everything together (marked in this image), this line also "helps" with the squeeze we are now facing between the downtrend line and the bottom of the upward channel.
For positions in higher timeframes this basically is a no trade zone , we can prepare some entries near key points of the chart.
On the daily chart let's not forget the downtrend channel we are in, an important aspect to take into consideration
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Bear Trap? XBTUSD 1H TimeframePrices for XBTUSD dropped and moved below EMA100 but found support at the 0.786 Fib. level, now we see prices moving back up.
Is this a bear trade?
We also a bullish divergence with the MACD and RSI.
As long as prices stay above $6635.5, XBTUSD can still go up (bounce).
If prices move and close below $6635.5, Bitcoin is likely to continue lower... Let's see how it goes.
Namaste.
Daily analysis XBT/USD 006Hello everyone.
Intraday analysis for the day .
Daily close in yet to come, and if it closes above $6750 we have a possibility or a retest of the trendline. If it doesn't , we can expect to go down to the $6600 levels.
In a more broader view, we are being squeezed out of the general pattern, many factors can intervene as whether we get out of it in the short side (and if we do it might be a very quick and brutal short and back to the mean values of around $6750 )
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Bitcoin Now Aiming At $7200/$7400, Followed by $8000+?XBTUSD (Bitcoin) continued with a slow and steady growth process after the strong 3.5k drop... Now we are getting signals that prices can move higher up.
This is what I am seeing/reading from this chart:
Prices reached EMA300 as resistance and couldn't conquer it (yellow square).
After a try at resistance fails, we normally have a retrace before another try at this resistance. Prices retraced down to EMA100 and are already bouncing and moving towards EMA300 once more. Bitcoin is now going for $7210.5 again.
If this level can be conquered, $7210.5 or EMA300, we will see a nice jump and Bitcoin going higher.
If this level can't be conquered, we will hit $6415 (MA200) or lower on the next drop.
Looking at the MACD, the RSI, the EMAs, the candles, the volume and how Bitcoin just recently closed above EMA200 on this timeframe, we are going back to $7200 - $7400, after this level we know what happens next.
We've been bullish short-term but we always have a plan when we trade.
Don't be too convinced by this call, make sure to build your own plan before you trade any coins.
Bitcoin can jump again here, there hasn't been much strength on the drop.
Thanks a lot for your continued support.
Leave a comment with your charts and thoughts.
Namaste.