the bitcoin market will experience an uptrend, because we have squeezed the sellers in the signal surrounded in the charter, it is the end of the downtrend and the start of a rise because of the large volume combined with the candle that there a wick above the body and also the breakout of the Vwap indicator with a large volume, this means that the market is...
As much as the last couple of days were bearish Bitcoin is showing strength to day breaking the downward trend at least momentarily. A move over $18.625 would create a very bullish signal and generate strength for attacking $20k again (see related idea "Bitcoin Bears are Forcing a Retracement - $17.5 test likely") It appears traders are happy with just a...
After Bitcoin break through the disjoint triangle. It will test the support line $4810. If it can successfully break through this line, it will directly go down to $4000
The Bitcoin in support pattern at $ 7800 and resistance at $ 8220. You can see in the graph above that there is a start of a green Ichimoku cloud that appears after a long time we had a red cloud. The candles above the average line move 100 but still below the average line 200 move. The recommendation is to Buy in the area 7800-7900, Sell in the price area $ 8180.
When the price will pass first line number 3, it should be an increase to 3739 $. On the other hand, if the first numbered 1 is cut, the depth of the drop can reach 3625 $.
bitcoin hit 23.6% fibonacci "5200$". there is no bounce anymore, there is bull season incoming.
Hi Traders! We hope you are doing well. Seems like BTC is getting better. After many bad words from the prominent people from finance, BTC not only didn’t go down but also managed to grow up a bit. Taking into account the fact that major cryptos are sluggish we may think many investors sold their coins in favour of BTC. Let’s look at the chart. We have a couple...
BTC is currently trading at a very important level. Things are lining up for a potential trend change, I would like to see a clear break of $6,800. Don't be so fixated on the bull run because Bitcoin can still very easily go down but things do seem to be taking a shift.
$BTC there is a possibilities that we are starting to make a falling wedge. looking at the bounce on those green lines. which are the most confluent level of supports. if breaking those line then we are going to test the lows of (2018-06-29) again.
Expecting a bitcoin Fall soon in the next hour or so. Price is at the end of a rising wedge. Good luck if you make it out in time
BTC has broken bellow channel support (green) trading below monthly VWAP. Wider channel (Orange) has solid convergence with trendline support (yellow - alternated resistance from all time high trendline), neckline of HnS pattern, and the 0.618fib retrace at 7830. This also fits the criteria for Wave 1 and 2 retrace for bullish continuation of wave 3. Possibly...
Bitcoin - the report, closing of month, week and forming of day. Good afternoon, closing of monthly March bar was very negative, and the movement of the price is comparable to closing of February bar down. The last week of March for the price was very negative. Meanwhile the price moves in the range of a descending channel. On week levels: the price was closed...
I wasn't convinced about the crypto bubble till recently. I went and looked at the last few summers and there's always a bubble when students get out and then it fades as school becomes more serious. Fits some of the crowd I think. Anyway. I looked up the stages of a bubble and felt these looked pretty accurate. What do you think?