Get started

Btc-analysis

Bit-By-Bit Coin Bearing to $7k Mark BTC has by and by left every one of the financial specialists dumbstruck after a sharp selloff Tuesday as it quickly dropped to 8.5K. Through the span of only 30 minutes, starting at 16:00 UTC on Sept 24, the costs plunged down over 12% breaking the $8500 support against the US dollar. It had been the absolute bottom since June 12 of this current year leaving the mass stunned. What’s more, $30 billion has been drawn out of the crypto advertise over a 24-hour time span as financial specialists tried to close their situations in the midst of a furious auction. Eyes are presently solidly fixed on the 200-day moving normal (MA) that would authoritatively stamp the beginning of another bear market should a solid close underneath $8311 happen. News Source: TheCoinRepublic
BITFINEX:BTCUSD
by TheCoinRepublic
2
Bitcoin bullish pattern target 13800$Hello traders! Bitcoin's 4H chart paints a picture of an inverse head and shoulders pattern with a descending neckline. This is an extremely bullish pattern which IF CONFIRMED by a break of the price above its neckline, would target around 13.8k. Furthermore for the bullish picture, we have bounced off 21 Daily EMA very nicely and have consolidated above the support now with the daily stochastic RSI reaching oversold levels. Keep in mind that if you want to play the pattern, entries could be set at the breakout with stoplosses below the neckline. Even though the target of the move is at almost 14k (20%), always make sure to secure your profits along the way at important resistances. Hope you enjoyed this analysis and if you did, please leave a like so I know to make more of these :) I wish you all successful trading! CLS Disclaimer: This is not financial advice. Always do your own research before investing and/or trading. Cryptocurrency markets are extremely volatile and thus should be approached with caution. Make sure to limit your exposure according to your risk profile.
COINBASE:BTCUSDShort
by MyCryptoMoment
Overlooked Gem - MoneroHello fellow traders! Welcome to Spacepeso's first chart! Lets dive right into it. XMR - Monero has been one of many quiet coins in the cryptocurrency space lately. Whether Bitcoin is bullish or bearish could determine the action that Monero takes in the next couple of days. So on this chart today, we have the 200D EMA cruising just above Monero's USD pair. This could be a bullish indicator if it gets past and holds it. We have also found that there is a massive trendline pushing down the price of Monero for the last 16 months. When this trendline and 200D EMA are broken, it will call for a buying reaction from the bulls. Placing the Fibonacci Retracement from the last high of $147 and last low of $37 shows us that a move from the current price of $69 could move to a cool $100-$104 (The .65-.618). This may be a good trade in a market where a lot of other coins are heavily overbought. I have also labeled some points of resistance at $148 & $88 that may act as resistance on this possible move up. If Bitcoin does continue its sideways or upwards trend, no doubt will the bullish scenario drawn on the chart will take place. If Bitcoin does start to tumble we may see a denial of breaking the 200D EMA and long term trendline resistance, which would send the price down, and leave it to retest a break another time.
XLong
by Spacepeso
2
Is bitcoin ready to close the week with a final push? (update)I previously thought it was an 5 waves structure but now it looks more of an ABC. Two main downward resistance trendlines extending from the 19k region (Red and purple) should stop the progression upward at least for the next week. In the meantime some important EMA's golden crosses should occur and that could potentially mean more upward pressure as Bitcoin will try to bounce off those 19k resistances trendlines (becoming temporary support). I see a correction to the golden pocket (.382 fib region) next week. Expect the $3830-3840 strong support to be tested first.
BITSTAMP:BTCUSDLong
by Jnoiseux25
3
BTCUSDHello bitcoiners it's been a rough year and these last few weeks have been especially bad. I'm surprised that btc fell from the 4000's to the 3000's. Now we are in this range of $3600-$4100. I think we should get a short term pop upward due to the rsi being at ridiculously low levels of 17.5. This a very very oversold sign. That's the good news. The bad news is that our $3000- $4000 support will not hold, the support is just not strong enough. As indicated by my two blue horizontal lines we will probably hit $2400 - $2700 in the near future. There is some strong support at that area. I don't buy the theory that the $3000 mark being is a real support that will last. I'll keep you guys posted as I see things developing. Please comment at the bottom i'll respond to whatever ideas you have. Thanks!!
COINBASE:BTCUSDShort
by the200day
BTC Still To Dump More? Long-Term EW At Play?Looking at BTC from the very beginning we can chart a long-term EW at play. From inception to Bitcoin's first rise to $1200 being wave 1. After that we have the Mt. Gox hack and correction that brought Bitcoin back down to $250. From there Began a rise into Wave 3 reaching it's pinnacle at the $20,000 mark that we saw in recent history. This has since pushed BTC into a "Bear market," but is it really just a Wave 4 correction? Additionally, Bitcoin has been following an ascending channel that we can see in the chart. Looking at the potential Wave 4 correction and following the support line of the ascending channel we can reasonably surmise that the corrective wave is not yet over, and still has room for capitulation. This presents an entry target of $4260. From this point, entering a Wave 5 presents a long-term target for Bitcoin at an astounding $100,000. This is not to say that there will not, or are not other EW's and corrections throughout the trend where traders will have the opportunity to make profits both longing and shorting BTC, but from a broad perspective and that of investors the Risk/Reward is in favor of the bulls long-term with a lofty target to reach. Some may say that BTC reaching $100k is not in the cards, but a year ago no one believed that BTC would race to $20k either. That said, I believe that Bitcoin still has room to fall before an entry should be taken.
KRAKEN:BTCUSD
by Ryan_W
Bitoin - BTC Review | 28 July 2018Hello everyone here's a quick look on BTC performance so far, in my opinion, btc has started a movement in a downward channel due to its correction. It's likely that it keeps moving within this channel towards 0.382 fib level. everything is indicated on the chart, so not much to say here. the alternate scenario will be we break the channel resistance to higher highs. my perspective: Short term, next 72h : bearish longer term, within 1-2 weeks: bullish. target range 8800-9200$ Stay cautious traders
BITFINEX:BTCUSDShort
by thats_me
Voice of reason? Common sense? Where are you? IDEA to ponder.BTC to tumble, but it's going to be okay. There are some very skilled and talented TA people out there...That being said, where is the money? Where's it going to come from? I think that's a very fair question. The laws of growth demand it. BTC cannot survive on day and swing traders only - recycling and swapping capital each and every day. Some make profit, some lose, but in all of this there's no big NEW MONEY. We need capital investment, which is smart money, which will only buy at brutally low prices. Until we hit a very enticing low sparking a significant influx of money, there's not going to be anything significant happening. To say BTC is going way up at this time is misguided because most market participants are now smart and experienced/burnt/skeptical enough to know that it would be quite suspicious without first a descension to the 365 day low which would be in the $2000s range. Even I don't accept that but we have to ask, then what will it take? That may be too low, perhaps Sep 2017 levels... The people are not "buying" it anymore. So, we may very well see 4k-3k before this beauty rises once again. That would be enticing for many. And just remember: Sept 16 2017 BTC @ $3700 and by Dec 16 2017 BTC @ $19,700 = 3 months. Just absorb that for a moment... Just a thought Not financial or psychological advice
COINBASE:BTCUSD
by Napoleon_Carnegie
Bitcoin - BTC Daily Detailed Analysis |19 April 2018Here's a detailed analysis on BTC 0.65% from a swing trader perspective. As illustrated on the chart above, we had 5 complete ways upwards, then we have done an ABC type of correction. Based on what has happened, we have two scenarios which I am going to discuss it here. Scenario 1: Knowing that we have had an ABC correction, we can assume this ABC is the intermediate wave 2 and now we are projecting to intermediate wave 3. Targets would be minimum x1 and x1.618 of intermediate wave 1. But this is less likely to happen since in this case, wave 2 would only retrace to 0.382 Fibonacci level. (Statistically, wave 2 retraces to 0.382 on 15% of the time) First Target = 9450 - 9500 $ Second Target = 10400 - 10500 $ ~~~ Scenario 2: The ABC correction could be forming wave W of WXY bigger correction pattern. If this happens, I am expecting wave Y to retrace to 0.5 and 0.618 Fibonacci levels. Price Range = 7400 - 7600 $ ~~~~~~~~~ Make sure to check out my EMA Script which you can have the 8, 13, 21 and 55 Exponential Moving Averages on one indicator for free: author : R.N behind_crypto
BITFINEX:BTCUSDShort
by thats_me
2