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Bitstampbtcusd

BITCOIN - Range(rs) in action? - Ichimoku TAHello Traders! *Daily* After reaching 6700 zone BTC successfully bounce at near 7500 area... Is it time to start cool off our champagnes? I am not so sure. Price is above Tenkan and it's about to possible break the Kumo but we are not there yet, also this Kumo is rather thick so it tell us about huge net of active resistance zones. Even if we would break thru this Kumo I wouldn't recommend any trades inside the cloud and wait for breakout from the other side. Also the shape and direction of Kumo (which is rather horizontal) tell us about possible range market if we look from daily chart perspective. RSI supports the upward move but ahead we have EMA500 which gonna act as resistance and will tell us for sure how strong is this local upward move. Levels to look for: * 7550-7600 ** 7700-7800 Ichimoku signals: BUY: If you miss the bounce from level 6900 you should wait for Kumo breakout above, wouldn't recommend to place buy orders inside the cloud SELL: Possible rejection from Kumo 7550-7600 can start sell orders but I would recommend to wait with any moves for now *H4* From 4 hours chart point of view we are in range market, compared to Kumo price is still moving horizontally. Ichimoku signals: BUY: none/same as with D1 - based on D1 chart we have not confirmed any trend change SELL: possible rejection from 7550-7600 can be a good time for sell order *H1* From 1 hour chart point of view we are in range/slightly upward market also the RSI tell us that impulse is weakening. Ichimoku signals: BUY: none/same as with D1/H4 - based on D1 chart we have not confirmed any trend change SELL: possible rejection from 7550-7600 can be a good time for sell order ***IF YOU WANT TO SEE MORE ANALYZES LIKE THIS FROM ME RETHINK A SMALL TIP*** BTC ADRESS: 18UkQdq8hNKyxrpDfexU26cQs3DSFzm2bE Roger out.
BITSTAMP:BTCUSD
by ignoranD
Bitcoin bullish into the year endToday we saw the same pattern on the weekly chart as what we saw a few days ago on the 3-day chart: a close above the 21 EMA (yellow line), followed by the next candle opening and closing above the 21 EMA. This is, historically, a good reason to be bullish. Furthermore strengthing the bullish case is the stoch %K getting above 20 again. The last time this happened was in the week of February 25 at 3790; this was followed by four months of bullish price action, taking BTCUSD all the way to 13880. Of course, we can't expect history to repeat itself, however, it does provide clues about what might happen. But first, BTCUSD has to take out weekly resistance at around 9500. If that succeeds, a retest of the next resistance at about 11500 is exceptionally likely. This is an area where I would strongly consider profit-taking. If the bulls can take out 11500, the road to 16K and beyond lays wide open. On the other hand, if BTCUSD slips below the 21 EMA again, we enter the danger zone. I will abandon all bullish scenarios if BTCUSD closes a 12H candle below the resistance line at around 8800. The future is always uncertain. The goal is to find spots where we can enter trades with the odds in our favor. Right now, it looks like the bulls have the advantage.
BITSTAMP:BTCUSDLong
by MekongMonkey
The Crypto Market Weather Update - Day Trader ExplainsLadies and Gentlemen, Welcome back to TJ's Trade Corner, today we will be taking a look at the... ...Crypto Weather Forecast Today it will be less of a weather update, but much more a weather forecast. The hot and sunny days are here and we are on the verge of entering a very sunny and hot summer. The climate change is real in the crypto market and we can expect performances that we could just dream about. Laying the focus on #Bitcoin with its extraordinary performance for this year and a beautiful call for recovery. We can see a nearly parabollic move, going through resistances like a hot knife through butter. We knew that the previous support of $6100-$6400 had to be re-confirmed and we did just that. After this very quick move, $BTC went now straight back up for the $8000 mark. This weeks candle will be very important for future prices and structure. The lows, the highs, the closes will be all significant. Therefore, lets take a look at the closes first. We obviously want a close above $8000 for the weekly candle to remain the strong bullish hands. Should we get a weekly close above $8200, that would very bullish and give us a very high chance of reaching the next stop on the chart. A simple close above $8000 would give us a nice range for #Bitcoin to consolidate. Altcoins do really love when Bitcoin consolidates and would give us a beautiful Altseason week with amazing returns. This would also be confluent with the remaining bullish levels and structures on Altcoins right now. Should the close above $8200 happen, we would most likely have a very strong and bullish week for $BTC while a few altcoins would be following "the king" and most others consolidating. Looking at indicators, We can see the TJ-Stoch in an oversold condition, yet above 90p which is an impulse move zone. Before the next BIG BIG move, we will have to retrace to the 40p line and get an impulse move there. Yet, that does not come very fast and would most likely mean for #Bitcoin 2-4 weeks of ranging and consolidating, whenever we start that. Ideally we would do that while having $8000 as our new support. TJ-MoneyFlow is confluen with the direction that we are going to, whihc support a next bullish continuation. No divergences sofar. The volume is high and highly significant, even exceeding the volume from last week and coming with current 125k very near to the volume we had while reaching for $20.000 (123k-131k volume). Keeping up with this volume without consolidation, will be very hard. The most significant EMAs are reaching for levels above $5000 while most likely with this weeks close exceeding the $6000 levels. This is a further bullish sign, while having these at and above the previous support. This would simply mean that a fall below these levels would be more than highly unlikely without knowing it beforehand. To close this one up, I see many people talking that we are back in a bull-market and they use that term very loosely or just based on a few indicators. In my eyes, we are at the very beginning and the starting phase. We are still recovering from the drop to the $3000 levels. We are still in a price discovery mode, making new highs, looking for resistance to get rejected at. Just with that mention, we still have very significant levels upcoming, which we will have to break and re-confirm, before entering the everywhere mentioned bull-market. In my eyes, the bull-market will start at the point in time when we close a weekly or monthly above $12.000 in the following weeks, confirm it as a new support. At that point we will be in a bull-market and literally get all of our minds blown away. But before that, we have some work to do and build up a strong and healthy foundation for that time. "Weather Updates" is a common format in my Private Discord "Elite Trading Group". Almost daily I make an Update about what we can expect for the day or next few days, including #Bitcoin #Ethereum and a few sentences about all Bitmex coins. This has been published previously in Verified Crypto News and the Elite Trading Group. The Elite trading group is my home and I share all of my trades, set-ups and ideas to the members. You have premium access to all of my public content and a way for me to answer all of your questions that you might have. Should you be interested in the Elite Trading group or the Indicators that I use, so join the Discord over the link the below and/or message me. Like and Follow me and you will find the space interesting because I am a TA expert and professional day trader in crypto since 2012 that does daily updates and new posts about the hottest and most discussed coins. Cheers TJ
BITSTAMP:BTCUSDLong
by KongTrading
#Bitcoin and its friends the MAs - Day Trader ExplainsWelcome back to TJ's Trade Corner, today we will take a HTF chart of Bitcoin. There are many similarities between the last bear market and this one. Yet, most people like to see on the bullishness, over-leveraged positions might get into some problems. We have the 50 Week MA, the 50 Week EMA and the 100 Week EMA. Right now, the 50 MA and EMA are the current resistance and gave us last week a doji candle with slightly significant sell volume. This week is not even near a significant volume, which reminds me of the similar situation in 2015 as shown above. TJ- Stoch is showing an overbought condition, yet no cross-down for now. This lets me to believe that we will test the 100 Week EMA which is currently at 5548, get there a significant rejection on the daily and then head down. Head down to which point? Well, looking at the similar example in 2015, we had a 30% with a good 10-15% wick. As for now, it would be a drop to 4.2k with a nice wick to the ascending support (or the less dramatic option would be a drop to 4.8k with a wick to low 4.6k). The important notice would be that we close above the previous resistance (which led to the 5k breakout). That again would be a nice S/R flip, as we saw on $ETH and then we would be ready to head more up and finally into the old accumulation zone of 6-7k. Little addition to the TJ-Stoch, going into the zone of 90p + is very attractive for small impulse moves, which would give the background for the 100EMA test. Overbought conditions are not always bad.. Moreover, the S/R flip, with the next big impulse move, would be very beautiful if we could get once again the ~~40p rejection, as you can see on $BTC is really a very strong zone. This trade has been published before in my private learning group "ETG". We are going over many observations and possible trades very frequently. It is meant for only those who are really interested in becoming a self sufficient trader and learning about all the secrets of trading. Should you be interested in ETG or the indicators I use, join my discord channel and say hi in chat, then I will give you a free trial for which you might be interested. Like and Follow me and you will find the space interesting because I am a TA expert and professional day trader in crypto since 2012 that does daily updates and new posts about the hottest and most discussed coins. Cheers TJ
BITSTAMP:BTCUSDShort
by KongTrading
1
$BTC #Bitcoin "what happened last night?" - Day Trader ExplainsHello Lads and Ladies, Welcome back to a TJ TA Session. Lets take a look at XBT for today's update. We saw yesterday a nice rejection at the upper bands, breaking the little uptrend that we have had. This rejection went exactly into our expected 3.6k region. Nevertheless, we closed on the trend as if nothing would have happened. This lets me to believe that we will see another leg down towards the same region. 3640 is a nice point and target to reach, yet not a very significant support level. >We are in a small symmetrical channel with the same angle of descending. >We are still very near the upper bands and need at least a nice close at 3728 and there have a "close double bottom". This is all just a chance and possibility, which is why we need to cap our idea with a stop. Here the easiest point would be at 3888, if we significantly break this point, it would break our idea of continuing downwards and we would return into a nice long position. Moreover, a possible pump after such a "weak retrace" would most likely just provide a nice shorting opportunity. Yet, if we come down naturally and in a healthy manor, we can get ready for the next big and significant move upwards. With this we are still expecting a small pump or small reaction upwards, yet not breaking the key levels of invalidation for us. This trade has been published before in my private learning group "ETG". We are going over many observations and possible trades very frequently. It is meant for only those who are really interested in becoming a self sufficient trader and learning about all the secrets of trading. Should you be interested in ETG or the indicators I use, join my discord channel and say hi in chat, then I will give you a free trial for which you might be interested. Like and Follow me and you will find the space interesting because I am a TA expert and professional day trader in crypto since 2012 that does daily updates and new posts about the hottest and most discussed coins. Cheers TJ
BITMEX:BTCUSD.PShort
by KongTrading
$BTC - #Bitcoin-Daily-Update #23 - Day Trader Explains Hello Lads and Ladies, Welcome back to TJ's TA sessions.- The Daily BTC Update #23 What happened in the last 24h? In the last 24 hours we saw quite some movement. Especially after the last few days being very bearish, we saw and see still more downwards movement and expect it to continue. Nevertheless, we saw on altcoins and btc a mini bounce from its daily lows, failing to break important supports, yet turning the previous uptrend into resistance. This is going to be a very important topic today. Most important S/R right now? 2939 3030 3100 3160 3200 3250 3333 3434 3550 3666 3730 3812 3929 4077 4123 4169 4382 4658 Gained lost %? Since the opening of the new daily, we wicked down -2.44%, but gained 0.20% in $$$ down 84$ but up 7$ MarketCap? Total MarektCap is 113 Billion - -7 - Of which BTC is 60 Billion - -3 - With a Dominance of 53.4% - +1.2% - Volatility? The 30d avg Volatility is 2.77% - -0.8 - Shorts/Longs? Shorts - 25.5k (pretty low) Longs - 29.8k (high but solid) - S +1.7k/ L +1.1k - Funding? The last 3 funding rates added -> +0,03% - +0.0840 - Momentum? The TJ-Momentum is showing us a red cloud again, which is indicating us a drag and pull down. This might be important for the next days. -303 - -101 - Volume? Today and yesterday we are seeing a beautiful volume. Exceeding the MA and confirming our down-trending direction. Sure, very interesting to get into a short? - BOUNCE!!! TJ-MF/TJ-Stoch levels? TJ-MoneyFlow - Today, such as a few days before we are seeing red candles but a green money flow. This is making me wonder why and letting me expect a bounce to confirm previous support as resistance. TJ-Stoch K(blue) - 10.3 D(orange) - 21.6 Divergences? We are seeing an uptrend on the TJ-Moneyflow which is an important divergence against the down trending market structure. The shorts are increasing drastically. While the chart has not seen its full influence yet. Market Structure? We are currently in a descending channel. This channel has 3 important lines. Its support, resistance and its middle line. Right now we are moving within the lower half of it, leaving a lot of space uncovered and need to be closed. We are seeing today as well a little red bull-hammer which might be indicating our next wick or move upwards for tomorrow. Overall? Overall, we are still bearish. We are still going down and this close below 3434 is really a doom. At least for this week and the next days. Nevertheless, we can't be jumping on the short hype train too fast and shoring BTC to the ground. We have to expect a wick upwards and let it confirm, giving ourselves confirmation, that the previous support of 3550 and 3434 is now resistance. This area that is being opened in the lower half of the descending channel is quite big. Yet, 19 days without confirmation will not create us magically a 500$ candle which then will confirm the resistance. This will have to wait until the MF divergence is done and or we see a double bottom on the low 3k levels. What do we want? We want a test of 3333 and then a rejection at below 3.6k bringing us back down to low 3k levels. Position? Considering a small short position with staggers to the middle of the descending channel. Like and Follow me and you will find this page interesting because I am a TA expert and professional day trader in crypto since 2012 that does daily updates and new posts about the hottest and most discussed coins. This is as always a delayed post, if you are interested in first hand news, feel free to join our group, Cheers, TJ
BITMEX:BTCUSD.PShort
by KongTrading
$BTC - #Bitcoin-Daily-Update #11 - Day Trader ExplainsHello Lads and Ladies, Welcome back to TJ's TA sessions.- The Daily BTC Update What happened in the last 24h? The last 24 hours have been quite interesting and informative. We saw a nice breakout from the bullfrog on lower timeframes but as many times seen on bitcoin a clear rejection from the top and a dump back to where we started. Finally we are seeing a little more volume and indicators showing us clearer signs. Altcoins have been taking a day off from making significant moves and as we are seeing things evolve right now, it looks still like a small cool off from the pretty string days before. The iHnS is still very talked about and looking at this scuffed version we are sitting right on the verge of making a clear decision. Most important S/R right now? 2939 3030 3100 3160 3200 3250 3333 3434 3550 3666 3730 3812 3929 4077 4123 4169 4382 4658 Gained lost %? Since the opening of the new daily, we wicked down -1.59%, but gained 3.18% MarketCap? Total MarektCap is 136 Billion - gained 1 - Of which BTC is 70 Billion - no change - With a Dominance of 51.7% - -0.2 - Volatility? The 30d avg Volatility is 4.31% - -0.01 - Shorts/Longs? Shorts - 24.5k (pretty low) Longs - 33.6k (high but solid) - S +0.2 / L +0.5 - Funding? The last 3 funding rates added -> -0.0112% - -0.0112 - Momentum? The TJ-Momentum is still blue and still rising above the 0 line, which is indicating us a bullish momentum and no change in the direction. Volume? Today, we saw yet again a bigger volume candle, while looking at the previous week. Currently while writing this the candle is still red, would be indicating us a negative movement with a higher volume, YET looking throughout the day we saw most of the volume in the higher prices not the lower ones. TJ-MF/StochRSI levels? TJ-MoneyFlow - As just mentioned on the volume section, the money flow is green today and showing us exactly that we had surely more buy than sell volume. StochRSI K(blue) - 88 D(orange) - 80 Divergences? We are seeing RSI divergences on smaller timeframes like the 4h, yet not on small scale but from the last high above 4200 and todays high. Small scale divergences are causing the rejection from todays pump, if at all to be considered. Market Structure? On the daily timeframe bigs Cale inverted head and shoulders sitting right on the neckline and smaller scale still going by the bull-flag (with fake-outs). Overall? Overall, we are still on the uptrend, still bullish, still longing. We are still awaiting a decision and looking at a possible impulse move. TJ-Stoch is one day away from the 90 point line (which is the impulse move zone; mostly upwards). Sitting on the same line like yesterday, awaiting a nice big candle (an engulfing). The volume is rising and might still get a green candle in the last few minutes of the daily close, but even then it was quite a bullish day for Bitcoin. Altcoins seem to have a dragging effect on it as well, yet with a. little delay. We are looking to get to at least 4200 and see there what happens. We are as well seeing an increase in longs over the shorts, which is still confirming the bullishness for the next day as well. What do we want? Obviously we would love to see even with 1 dollar a green candle and get that nice volume confirmation on normal candles. We want to see tomorrow a nice pump as well towards the 4200 region and preferably pump through it. OR should we experience a small retrace in the whole market, we would love to see confirming the uptrend once more and closing above out yellow line at 3812$. Position? Still keeping the long position open and taking profits at 4240. Same stop loss as yesterday. Like and Follow me and you will find this page interesting because I am a TA expert and professional day trader in crypto since 2012 that does daily updates and new posts about the hottest and most discussed coins. This is as always a delayed post, if you are interested in first hand news, feel free to join our group, Cheers, TJ
BITMEX:BTCUSD.PLong
by KongTrading
4
$BTC - #Bitcoin-Daily-Update #10 - Day Trader ExplainsHello Lads and Ladies, Welcome back to TJ's TA sessions.- The Daily BTC Update What happened in the last 24h? Finally back! Being able to work on my passion is really motivating. I hope everyone had beautiful days off and we are jumping straight back into the Bitcoin chart. We saw in the last 24 hours almost zero to none movement and just small pumps and small dumps but after the big pump, nothing significant happened. Altcoins are dumping today a little, obviously retracing right now after nice rallies but as well nothing to be scared of YET. It seems to me as if the market is just taking some time to react to the pump. Most important S/R right now? 2939 3030 3100 3160 3200 3250 3333 3434 3550 3666 3730 3812 3929 4077 4123 4169 4382 4658 Gained lost %? Since the opening of the new daily, we wicked down -1.7%, but gained 0.93% MarketCap? Total MarektCap is 135 Billion - N/A since we didn't update for a little while - Of which BTC is 70 Billion - N/A - With a Dominance of 51.9% - N/A. - Volatility? The 30d avg Volatility is 4.32% - N/A - Shorts/Longs? Shorts - 24.3k (pretty low) Longs - 33.1k (high but solid) - S N/A / L N/A - Funding? The last 3 funding rates added -> -0.0244% - N/A - Momentum? The TJ-Momentum is still blue and still rising above the 0 line, which is indicating us a bullish momentum and no change in the direction. Volume? The volume over the last weeks is pretty whack. Nothing important and nothing indicating at the first glance, but the previous days the buy volume is increasing and since it has been so low for so long, it will be easier too hit the Volume MA for a trend confirmation. TJ-MF/StochRSI levels? TJ-MoneyFlow -Almost a pity to see the spike down today, we need a similar spike above the 0 line to really continue to rise and get to test next resistances. StochRSI K(blue) - 86 D(orange) - 78 Divergences? Nothing that is worth mentioning in our daily updates. Market Structure? Currently on smaller timeframes we are printing a pretty obvious bull-flag, yet on the daily we might be getting a double top at 4200. Overall? Overall I can still see a nice uptrend on the daily, following the ascending dotted line. As long it is not broken, I will not be looking at any shorts. We had a nice flipping between shorts and the longs which is making it easy for us seeing any big moves on that level. The volume is low and still needs a clear confirmation, where as the cards are more played down for a long position. The TJ-Stoch is heading nicely towards the high 90 point region where we mostly seeing upward impulse moves. What do we want? We want this candle simply to close as it is, insignificant and leaving space for the next move. We want to see over the next days at least a test of 4200 and obviously connected to a nice Money-Flow spike and volume above the MA. Moreover, we don't want to forget that THE TREND IS OUR FRIEND and we shall not trade against it. A close above 4k or exactly at it, would be nice to have today. Position? Staggers down to 3725 and the stop loss below it, going with lower leverage, since the spread is quite big. Like and Follow me and you will find this page interesting because I am a TA expert and professional day trader in crypto since 2012 that does daily updates and new posts about the hottest and most discussed coins. This is as always a delayed post, if you are interested in first hand news, feel free to join our group, Cheers, TJ
BITMEX:BTCUSD.PLong
by KongTrading
8
$BTC - #Bitcoin-Daily UpdateHello Lads and Ladies, Welcome back to TJ's TA sessions.- The Daily BTC Update What happened in the last 24h? Looking at todays chart, we see a lot of indecision in the market. We are seeing a doji as a possible close for today, same as the weekly that we will be getting. Yet, even if this shows indecision in the market, there is something hidden good/bullish things behind it. We saw again normal weekend low liquidity and volatility, not many pumps not many dumps, but still tightly holding the support. Most important S/R right now? 3550 3666 3820 3950 4123 4169 4382 4658 Gained lost %? Since the opening of the new daily, we wicked down -2.62%, but gained 3.26% MarketCap? Total MarektCap is 136 Billion Of wich BTC is 73 Billion With a Dominance of 53.7% - nothing changed here since yesterday - Volatility? The 30d avg Volatility is 5.45% - +0.09 - Shorts/Longs? Shorts - 33.0k (danger-zone) Longs - 27.5k (solid) - S -0.5/ L +0.1 - Funding? The last 3 funding rates added -> -0.06% - -0.218 -> lost a lot - Momentum? The TJ-Momentum is still red but very low. As soon as we see it green, it will be a rising momentum and it will be a bullish sign for Bitcoin. Volume? Still waiting for that bigger volume to come in, YET today we are above yesterdays volume, which is already a nice sign, for the start of the week and first Monday of the new month. TJ-MF/StochRSI levels? TJ-MoneyFlow - blue(trending down), yet still below the 0-line. StochRSI (still trending up) K(blue) - 62 D(orange) - 34 Divergences? Everything is moving up, no divergences to see here at this moment. Market Structure? The Market structure has not changed much. We are getting a weekly close with an increasing volume green doji. Daily might close as a red but preferably as a green, still indicating a possible bullish move soon. Overall? Trend is still up, we are waiting for the TJ-Indicators to turn really bullish until we have a confirmed trend up. Right now, the shorts are still high, a little amount dropped off but they are still in that rising wedge and most likely breaking out soon. YET, they might still gain, if we don't break the 4.4k and then let us the impulse move we have been waiting for. What do we want? Right now, we simply want that green close. Even though, 4.1k is still good. We want that TJ-Stochastic to enter above the 40point line, really giving it some speed and confirming the uptrend. Position? Keeping yesterdays position -> As we saw that the 3820 is a solid intermediate support and we are overwhelmed with bullish signs, I am in a long position, with staggers down to that level and a SL below 3800. TPs are right now set every 50$ 5% of my position. On S/R is also good but rather riskier at this moment. No TPs filled today, snagged that nice funding rate again, leaves me with enough profits rn and we are still keeping the staggers below. Entry at 4.1 is ok Entry at 4 is good Entry below 4 is very good Let me know in the comments and leave a like if you like the infos and want to see it daily. Like and Follow me and you will find this page interesting because I am a TA expert and professional day trader in crypto since 2012 that does daily updates and new posts about the hottest and most discussed coins. This is as always a delayed post, if you are interested in first hand news, feel free to join our group, Cheers, TJ
BITMEX:BTCUSD.P
by KongTrading
Next bear wave incoming til end november?No-trading zone for me, I will simply wait for a breakout, considering this could be solved sideways, downwards and upwards. What I would wish for is a weekly candleclose tomorrow night above the historically important weekly EMA200 which is currently our strongest support. If we close underneath by next week´s sunday close (capitulation in a big wick down to $2.9k possible), it will probably take a long long time to recover from that. I am still learning Elliott so please don´t judge too hard if the waves ain´t fully correct...
BITSTAMP:BTCUSD
by Gl4diator
2
$BTC #Bitcoin - ETF hype temporarily over. What is awaiting us? Hello Lads and Ladies, I have called the inverted HnS as one of the first, I also want to share this yet ambitious idea of a normal HnS for BTC. There are actually two scenarios that might happen here. The first one is a more tilted HnS which would not look very nice. This one might have a bounce on the daily towards 7.2k and after that go for a re-test of the ascending support, if that one breaks then we might expect a really big cliff dive. The second one, which as well looks nicer by the text book, would be now a further dive over the next few days towards the 6.2-6.1k line. Then a bounce to 6.8k a rejection there and then a big cliff dive towards 5.8k or even lower 5k regions. The trigger for this second option would be a close of the next daily candle below 6.6k At this moment everything is possible, so trade carefully and don't forget to take profits!! Like and Follow me and you will find this page interesting because I am a TA expert and day trader that does daily updates and new posts about the hottest and most discussed coins. Cheers, Tomas
BITFINEX:BTCUSDShort
by KongTrading
2