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Bitocin

BTC 5k or 19k?Curious chart, it's quite similar in structure to the last run from 3k's to 14k, we started higher this time.. 3.4k, bouncing of a now established uptrend. the point of interest in this chart is marked by the yellow circles, where we were rejected and retested last time to break through and hit 14k's. I'll be watching for some similar action in the near future to present some confirmation. obviously, a failure to break the level could see us take quite a deep retracement coming into the halving. also, let's remember that the last halving event lead to a 30% dump, before the new ATH was achieved, with any luck we'll see that again, and pick up some more discounts.
COINBASE:BTCUSD
by ChasingTheMoon
Will Bitcoin hit 5k or 10k?It's been a rough ride for Bitcoin with the world in upheaval from the virus. With the stock market poised to open lower (at the moment) and with recession everything but imminent, it would seem that we could get a sharp correction here in BTC once/if we get a heavy sell off in the stock market as people are demanding fiat or USD. On the flip side it's also very possible that we could burst up from here if BTC manages to decouple from the market. Whether this is going to happen or not remains to be seen. At this juncture, we can gauge that if we do indeed decouple from the market we could very well hit 10k. But if we don't and move back to the downside we could easily see a retest of $5,000 if not lower. Tread lightly friends. No one has a crystal ball and there is little telling what will happen next. We have a 50/50 chance of decoupling or dumping down again. If you are unsure of what to do and are holding, you can always trim some of your positions down. This way you can still capture upside but also mitigate your downside exposure if something were to happen. anything you decide to do is not an easy choice right now Happy hodling/trading, -Sherem
BITFINEX:BTCUSD
by Sherem
41
BTC/USD -local transactionThe impulse, as I wrote, began with a small block on a chart around $6250. The volume of the candlestick on the first "leg" is a bit confusing, but we can probably say that it is on this impulse that we will break through the range with the main resistance of $6850-7000. All stops above this area are now at risk. The first and the minimum target to exit the $7200-7350 rang, but the final target is $7675. I'm not going to run any further, now the main thing is to break through the resistance of $7000, because until it is broken, it is still the main resistance. All the moves down to $4700 and below are canceled for now, and for me personally the shorts below $7600 are becoming risky. You can put a long foot in the $6200 zone. It is very unlikely that the price will return to this zone in the next week, and if it does, the break-down scenario of $7000 can be completely canceled. If someone didn't make it to the long end, that's how I would trade. If the impulse is not fake, the correction of 38-50% is the most optimal entry zone, the price return at 78% will put the deal into question. This is where you can put a stop. If you're in the $6250-6300 zone, the stop is best kept at 6250. Stop is mandatory. You can partially unload the deal at $6950, more than half at $7300 and close it at $7600, gradually moving the stops to the rest of the position. that's where I wrote about the impulse:
BITFINEX:BTCUSDLong
by mr_kosovskiy
7
[INSANE] Bitcoin can go to 25000-38000 in coming months! This is a forecast of bitcoins future move based on 2 years of data. I have used crab pattern to identify potential reversal zones at 25000-38000. Recently i had heard news about potential moves above 50,000$ and 100,000$. However i don't have enough identifiable patterns to suggest of bitcoins move to those phenomenal level without a valid pattern, be it harmonic patterns or Elliot wave patterns. Keep an eye on 10th Feb and 14 Sept 2020 for any big moves if it happens. As these dates are 61% and 78% of the time based Fibonacci of the complete triangle i.e; intersection of the 2 huge waves of 20k and 14k. Note: Harmonic or any other patterns are used to identify reverse zones once completion of the pattern, anything plotted before completion of pattern is mere assumption. As the old saying goes - Patterns can fail.
BITSTAMP:BTCUSD
by bittuminati
BTC - FALLING WEDGE : BREAK-OUT - BUYPOTENTIAL TRADE: BTC/USDT I am looking to enter long on this currency pair for the following reasons: - Falling wedge chart pattern is very evident. - Re-test of the broken wedge trend line - Overall market structure is bullish in the higher time-frames. - Recent range has been broken to the upside. Weak selling pressure. If you found this idea useful, leave a like and follow me for more analysis and trading signals. If you have any questions, feel free to ask in the comment question. I respond to all comments! You must always use correct risk management when following any analysis. Happy Trading!
Long
by HONEYSIGNALSFX
2