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BITCOIN AT 14000|WHAT TO EXPECT?|FUNDAMENTALS AND TECHNICALS| BITCOIN has hit 14.000 dollars! Congrats! It is surging on the fundamentals including PayPal incorporating Bitcoin into its payment system, The Turks and The Chinese using Bitcoin to escape the draconian capitals controls to get their money out of the country, the "halving" of the mining reward etc.. On the technical side, however, we can see a confluence of the resistance levels mounting. Thus I'd be very careful entering any longs right now. Rather, I'd wait for the pullback, and add BTC into my portfolio at the more comfortable levels. More details in the Video! Thanks for watching! Like and Subscribe to never miss a new video! See you then!
BITSTAMP:BTCUSDShort
by ProSignalsFx
7
BITCOIN STRUCUTRE ANALYSIS| SCENARIOS UPDATE BITCOIN has had a bullish rally following the news of PayPal incorporating Bitcoin into its payment systems. Now, on a technical level, there is a buying opportunity from the support confluence of the channel and the horizontal key level. I would not recommend any short, even though a movement downwards is likely too, as the upside is clearly more preferable for the market and your stop will be hit multiple times before the market makes a move in your direction so risk reward wise shorts aren't attractive. Rather, If bitcoin falls to the identified levels, I would be looking at a buying opportunity there, both speculative and as a good level to add more BTC into your long term investment portfolio. Thank you for watching. Like and Subscribe to never miss a new video!
BITSTAMP:BTCUSDLong
by ProSignalsFx
1
BITCOIN TRADING PLAN| DETAILED BREAKDOWN BITCOIN found its first resistance after the PayPal news rally, and is trading in a triangle. There is a double top formed and RSI divergence is also present. Thus, I am bearish biased. However, Let's wait till the markets gives us a hint with the breakout one way or the other. And we go into the trade, in the direction of the breakout, after pullback. Thank you for watching! Like and Subscribe so that you never miss a new video!
COINBASE:BTCUSDShort
by ProSignalsFx
4
Bitcoin Breakout Continues: Road to 17k and BeyondKey Takeaways: - Second highest monthly closein bitcoin history (bullish) - long dotted trendline shows strong support for the second time - on track to make new 2020 highs -follow @Chelle_coin on twitter for market updates Why do market analysis? Price is a proxy for public interest. As public interest rises, it becomes easier for cryptocurrency projects to expand and gain market adoption. While we wait for COVID restrictions to ease, we are opening up our market insights to the public.
BITSTAMP:BTCUSDLong
by fitzpa59
Crypto Untapped Educational Series EP. 2: Drawing S/R LevelsIn today's episode, we review support and resistance as levels. We explain why price action moves the way it does via buyers and sellers and how to enter/exit based off liquidity in the markets. Enjoy! DISCLAIMER: Investing into cryptocurrency comes with inherent risk including technical risk, human error, platform failure and more. Invest at your own risk. None of our content is to be construed as financial advice, we are a cryptocurrency education platform.
COINBASE:BTCUSDEducation
by cryptountappedyct