Daily analysis XBT/USD 002Good morning everyone, on todays analysis we will focus on higher timeframes and work our way down to hourly on BITMEX:XBT .
On the daily chart, we are have failed to break the higher high , or the lower low for that matter and are at 7430 High and 7152 Low, we are in an indecisive period or should we say more of a waiting period. Waiting because we are currently in an ascending wedge formation that barely touches the diagonal descending resistance from the big drop on March 20.
The ascending wedge is a bearish formation that forms an ascending recovery funnel after a big drop , but the fact that it might pass over the diagonal resistance line might neutralize this bearish formation and pass to a more bullish approach.
Our recomandation for the day : Stay away until we have a direction , you also win by not losing ! Scalping is possible on lower timeframes but with high risk.
Bonus: Even if decorelated with TVC:SPX , BITMEX:XBT might still suffer from an eventual incoming drop.
Follow us on live stream on Twitch for real time analysis and trading tools : www.twitch.tv
Bitwolf Capital hedge fund : bitwolfcapital.com
Bitmex
EOS Breaks Previous Swing High. Looking Bullish.EOS has just busted out of it's long term downtrend.
Looking at it's BTC chart on Binance, we can see it formed a descending wedge into a demand zone, which has since broken with a strong Impulse move to the upside.
Market Structure has gone from Bearish to Bullish, and now is a perfect time to place entries in anticipation of picking the first Higher Low of the uptrend I predict will be formed.
Ideal Entries at the 4H demand zone around 3500, which coincides beautifully with the 61.8 Fib Line
Volume still unimpressiveSo if you look at candle body closes or lines instead of candles you can see we have been getting rejected in this resistance area above to 7300. We have an ascending triangle on some lower time frames which yes is bullish but i feel personally at this point to side with caution with the current state of the world economics. Please leave any of your thoughts. I am just posting some quick ideas to engage some conversation for market sentiment on TV.
Bitcoin Bearish Divergence With MACD (Support Levels Marked)We are looking at bearish divergence for XBTUSD with the MACD.
Candles closed printing higher highs, while the MACD printed a lower high, giving us a strong bearish signal.
We also have prices breaking below EMA300 and EMA10.
This one is only confirmed once the 4H candle closes.
What these signals are telling us that XBTUSD can test lower support levels.
These support levels are marked and highlighted on the chart.
Conditions for change
If prices move back up and close above EMA300, the above signals become invalid.
Thanks a lot for reading.
Namaste.
$BTC near term bearish setupI know that suddenly entire crypto community turned bullish, but I've spotted near term bearish setup on Daily. Here's why:
- Shooting star grabbed liquidity above monthly resistance
- Successfully retested monthly level
- Clear SFP setup (thanks Tom Dante)
- Not enough liquidity taken from 5000 order block. Need to dip again
- Overall still in process to resolve long term triangle
Near term bearish
Long term bullish AF
Buy Bitcoin and never look back.
Not financial advise.
Daily analysis XBT/USD 001After breaking the 7300 mark yesterday, BTC USD is currently standing at around 7400 and failed to depass the previous high of 7464.5 leaving us in an uncertain period on the hourly chart. Failure to create a higher highh could mean that the market is not yet ready to continue and a reverse might be possible as we also hit overbaught on the daily chart.
Our recomandation for now is : Hold your trades until we have a higher high.
Follow us on live stream on Twitch for real time analysis and trading tools : www.twitch.tv
Bitwolf Capital hedge fund : bitwolfcapital.com
BTCUSD Bybit Chart Analysis april 7th
Hello,
“Make it simple, make profit”
It’s BitcoinGuide.
Don’t forget to
“Follow” me and press “Likes”.
I will begin BTCUSD Bybit Bitcoin Chart Analysis for april 7th .
www.tradingview.com
This is a 30 minute chart created yesterday.
It was , According to the real-time idea comment content,
On the down Blue arrow, finish after entering $ 7014 Long Position.
It was a pleasant rise.
Congratulations to all the profitable people.
www.tradingview.com
It is a week chart.
Yesterday, on the day chart, The upward trend came out.
And In a week, only one main candle is created.
I'm looking forward to this week, up to $ 8,000.
Today I have this part,
I made a Trading strategy.
www.tradingview.com
Today's trading strategy.
30 minute chart.
This is a long position strategy.
With the possibility of downTrend,
The main section was shortened.
1.Blue movement path, finger section, long position entry timing, price check.
When the final, red parallel line breakaway,
Short finish.
2. Red route, long position entry timing, price check.
When the final, red parallel line breakaway,
Short finish.
Good luck.
Thank you.
april 7th BTCUSD Bybit Chart Analysis.
Hello,
“Make it simple, make profit”
It’s BitcoinGuide.
Don’t forget to
“Follow” me and press “Likes”.
I will begin BTCUSD Bybit Bitcoin Chart Analysis for april 7th .
www.tradingview.com
This is a 30 minute chart created yesterday.
It was , According to the real-time idea comment content,
On the down Blue arrow, finish after entering $ 7014 Long Position.
It was a pleasant rise.
Congratulations to all the profitable people.
www.tradingview.com
It is a week chart.
Yesterday, on the day chart, The upward trend came out.
And In a week, only one main candle is created.
I'm looking forward to this week, up to $ 8,000.
Today I have this part,
I made a Trading strategy.
www.tradingview.com
Today's trading strategy.
30 minute chart.
This is a long position strategy.
With the possibility of downTrend,
The main section was shortened.
1.Blue movement path, finger section, long position entry timing, price check.
When the final, red parallel line breakaway,
Short finish.
2. Red route, long position entry timing, price check.
When the final, red parallel line breakaway,
Short finish.
Good luck.
Thank you.
Bitcoin Continues Slowly Growing... Will Continue Up?Prices for XBTUSD (Bitcoin) hit EMA300 and MA200 on the 2nd of April by reaching $7299, a big rejection followed and we ended with a bearish candle close.
After moving lower and testing as low as EMA10, prices resumed their growth and this same level, EMA300, is being challenged again today... MA200 has already been conquered.
Since EMA300 (now at $7239) is a strong resistance level (equivalent to EMA50 on the daily timeframe right now), there can be some struggle before going further up...
What will Bitcoin do next?
It depends on how this day closes.
If prices break and close above EMA300, we have a higher chance of going more up (green arrow).
But if there is no strength to break up, prices will retrace and test EMA50 at $6695 before trying again to go up.
Did you follow our previous analysis?
What's your take on Bitcoin now?
Thanks a lot for your support.
Namaste.
ETH Moving closer to the Supply ZONE!!After a decent 20% move in the last 24hrs can we break this resistance and make it up to the supply zone?
In my opinion this looks like a key level and could be a hard level to break.
we could consolidate just below this resistance for a few days before a re-rest.
ETH/USD 4hr
[Chanolja] 2020-04-07 XBT, Are you crazy??Hello, it's CHARNZA. Let's play.
While on vacation for a while, bitcoin prices have risen a lot.
I commented on the resistance of Fibonacci in the current trend of Bitcoin.
Based on the 4/2 standard bar, when calculating the section of 50%, which is $ 6,630 (intersection) and 61.8%), it will be around $ 7,580, which is currently 1.618% of Bitcoin.
Also, starting on the 4th of 6th, we entered the oversold section of the RSI, and this is simply an overbought, so it is good to note that the oversold section during the upward trend can continue this trend.
In addition, it is dangerous to enter a short immediately because Bitcoin is characterized by going without knowing where the end is during the upward trend, and I think it will be more helpful to trade by focusing on calculating the profit / loss ratio.
Thank you for reading my post today.
Litecoin (LTCM20) Also Looks Promising (Full Trade At 7X Lev.)This is the last one of our successful leveraged trades... This one is just getting started.
If the bullish momentum persists, Litecoin (LTCM20) can continue much higher... Not much is needed when trading with leverage though because high earnings are possible, let me give you an example.
On 7X leverage, 10% of earnings can give be 70%.
Pretty simple, let's continue!
The chart is bullish and prices are now trading above EMA100/10/50 and the trading volume is going up...
If you want additional details, buy-in, targets, and support, visit the link below:
Thanks a lot for reading.
Feel free to leave a comment if you have any questions or would like to share some support.
Thanks again.
Namaste.
Bitcoin 10X Lev. Trade Still Available (180%+)Our 10X leveraged trader for Bitcoin (XBTUSD) is on... Based on two simple signals, we believe that XBTUSD will jump.
It can also breakdown of course if support fails, so make sure to have a plan if you decide to trade.
Our full trade has over 180% potential profits... Make sure to hit LIKE for the full trade details, we will share at 147 LIKES!
Thanks a lot for reading.
Namaste.
Ethereum Starts To Gain Momentum | 18% or 59% Jump?I would like to share this trick with you that I've been using, I mentioned it recently in the PAXBTC article... See how clear the bullish bias is can be seen on the above chart.
Ethereum (ETHUSD) and Bitcoin (BTCUSD) are moving together.
If you cannot get a clear picture when charting Bitcoin, you can also take a look at the Ethereum chart, sometimes the signals are easier to read here... Back to the chart.
ETHUSD is now moving above EMA50 on low volume... The RSI supports this move as it is looking strong.
Until more volume shows up we remain cautious as the chart can easily change... Nonetheless, we go with the flow and we continue bullish all the way.
Our trade for Ethereum with leverage (ETHUSD) can be seen below (122%+ with more to come):
Note: If prices drop, we remain bullish after unless the last low is taken out on the weekly timeframe.
This chart analysis is not intended for trading.
All of our trades contain buy-in, targets, stop-loss, and additional information.
This is not financial advice.
Thanks a lot for your support.
Namaste.
Ethereum Can Easily Move Higher, Gaining MomentumIf ETHUSD (Ethereum) manages to move and close above EMA50/EMA100 (~$132), we are likely to see some additional bullish action.
This is due to the fact that we just had a "fake breakdown", marked with a green square on the chart.
If prices close above resistance, it is highly probable that Etherum will move up.
Conditions for change
If prices drop and close below $128, the above signals become invalid and a new analysis is needed.
Thanks a lot for reading.
Namaste.
Ripple Prints High Volume, More To Come (Trade Inside 7X)Ripple used to get a lot of bad rep. from us cryptocurrency lovers... You know, the whole centralized stuff... Well, now the feeling is completely different, Ripple has become part of the market and we take it for what it is... Another altcoin that can be traded for profits for those who have the knowledge, patience, and experience to do so.
I also believe that the more choices we have the better it is for all of us...
Now, here is the full trade that you can use as an adjunct to your trades toolbox.
This is not financial advice, of course, all the information shared here is intended for educational and entertainment purposes only and can be used to help guide you find the important resistance levels and support on a chart... Everybody can use this information in whatever way they see fit, hopefully, to improve your trading skills and produce better results... See below!
After May, the altcoins market will start a process of sustained long-term growth.
Feel free to buy now and reload all your favorite altcoins... What is coming is a great opportunity if you prepare yourself before the action starts.
When everything starts moving, if you are not prepared, it is hard to make the right calls.
Always remember to take your time before taking any actions, buy/sell... Always wait/hold when in doubt... Build a plan/strategy before buying any coin.
This is Alan Masters.
Thanks a lot for your support.
Namaste.
Tron (TRXM20) Hits Our First Target, Can Do More! (Trade Inside)We also shared for you a chart for Tron (TRXM20) with leverage... For advanced traders only since leveraged trading is super high-risk and requires lots of experience.
Also, if prices drop a trader can get liquidated and lose all funds.
If you are a beginner, stick to the altcoins, only after 1-2 years successfully trading altcoins, or if you have a good and stable life, you can try the higher risks options... Trading altcoins is super easy and low risk... Now, we are done with the tips.
Let's get to the chart!
Tron (TRXM20) broke above resistance and has chances of going higher... Of course, there can always be a retrace after a break of resistance, but if support holds we remain bullish.
We are LONG with Tron... Here is the full chart with the trade details/numbers...
THIS IS NOT FINANCIAL ADVICE.
Thanks a lot for reading.
Namaste.