BTC Sept 24 | 6800 top? | Weekly price flipping | 6120 tar.Topics discussed:
Price and OBV 15m sideways movement. Sideways ranging here. No trade zone.
4h sideways block in price (horizontal 6575 s/r). If this breaks, look for $6400s next
\u2028If price drops further, look for $6120 to be touched again, buyers clearly sitting there but is that area weakening?
4h td top on 13 and ic cloud\u2028Big demand pool under $5500 (new buyers, new demand), terminal shakeout\u2028 could be incoming
BLX chart, price flipping on the weekly. Weekly time frame is telling you for the last month there is no buy signal
Weekly chart 200MA tells you that it has been significant support back in 2015 and price caught floor there and moved on up. Currently that lies around $3000 levels
$5500 would be my next target as that is where the last weekly support was in 2017 before price took off to $20k + 100MA weekly is right at that area currently
If you have any questions, shoot them my way. Always happy to help!
Btc-bitcoin
Current Bitcoin Price Action and Trades to Take.Whats up fellas.
Alex Copenhagen here back with a BTC Update. Ive been away for a couple of weeks travelling, but back on the charts now. Check out this video for trades that I took and am taking so you can make money with me. Check out info in my signature for other cool videos and please remember to leave a LIKE.
Will keep this thread updated.
Inv. H&S neckline support | 5500 targetHope you enjoyed my analysis! Let me know if y'all have any questions or you don't understand something. I'll be happy to explain it. I want everyone to understand how basic price action works so you can educate yourself and make better decisions for your own capital.
Cheers!
Bitcoin bulls tired? |Target 8500 | ReversalMy analysis showed the ending my this bull structure ending around 8400-8600 area and a potential reversal back down to the $7000 and then $6000 range. This would continue our overall bearish pattern for the last few months. I am totally ok with us going higher but I would much rather wait to break $8900 to see if this is a real bull rally or a fake breakout. This current area has the 200 MA on the daily giving us resistance, the 618 fib from the previous corrective wave resistance, the weekly 50 MA resistance, and the slope down of 50 MA on the daily from last month. All these factors tell me that we may head down again. Again, I am more than happy to be wrong. It is much easier to be a bull in this market so I want to make money the easy way too and not just short the market and keep waiting for the next bull run.
We are all in this together. I provide content to help everyone make informed decisions regarding their investments. I hope you make money, I hope you do your due diligence and utilize proper risk management strategies. Happy Trading!
Crypto-Review / May 29th : Taking Profit pattern > Range !Hope this idea will inspire some of you !
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Polymath POLY is uncertain! Short gains insight POLY looks neutral to me right now.
There might be some short term upside where it will hit old resistance.
However, the MFI suggests the prices moving up as there is more money flowing in and people are buying more.
We have to watch the coin closely before making any moves so that we have enough information to revisit the technical analysis of POLY.
#polybtc #polymath
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ETH Ethereum is clearly forming a Head & Shoulder Pattern! Hi Guys,
ETHUSD on Binance is forming a classic head & shoulder pattern, with the second should completing.
Initially I had ETH as a buy around $644, however I think there is a possibility it may test lower levels at $600.
The MFI suggests people are starting to buy, and the Accumulation/Distribution is still quite high and trending up which suggests ETH is set to go higher that the current levels.
I would keep a close eye on ETH at $650-$670 and check the price movement. If ETH breaks from the $650 range, its next resistance may be around $800! $$$
I hope this helps you.
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Disclaimer: I am not a financial consultant nor should you make any financial decisions based on my analysis. This is simply for learning purposes.
BTCUSD Let's get some perspective at the beginning of this weekIn this video, I'll take a look at the different time frames from the weekly to the 1h charts to review and understand the possibilities that are ahead of us.
When you read my charts in the 4h and 1h, you need to understand where it comes from and also that alternatives are totally accounted for. In other words, if my charts show 5,920 as a support for now and that in few weeks, bitcoin breaks lower, first I would not be surprised, second, my capital will not be hurt and the charts will be adjusted.
Again, I repeat that I see the chart analyst to the trader as the co-pilot to the pilot in WRC. The co-pilot studies the terrain and proposes his best option, and the pilot drives but if circumstances changes like rain, mechanical anomaly, the pilot adjusts his driving and consult the co-pilot for alternatives that are already known.
Trade safe, take care
Every week, for one particular cryptocurrency, in addition to the charts that I upload on TradingView, I will put the full comments and trade setup for different time frames:
- Daily on Sunday,
- 4h once a day during Asia session and
- 1h twice a day in Asia (post US) and Europe sessions.
This week 29/04/2018-05/05/2018, I propose BCHUSD
Disclaimer :
This content is provided for educational purposes only. The Trader's Corner is not registered as an investment adviser and the information shared on the website or any other medium is not meant to be a solicitation or recommendation to buy/sell any instrument. Any trades placed based on our content are at the own risk of the viewer. Trading include risks and loss of capital. Future trading results can never be guaranteed.
BTC CLEARLY EXPLAINED-- Fundamental + Technical April StoryWe waited until BTC showed it's hand...we broke 9200 definitively and we are on our way to checking off big milestones on the way to a BULLISH MARKET.
We're not there yet but for the full story in less than 10 min, this video might make life easier for you :)
The Trend: EP9 -- Remaining SensibleHowdy Yall!
I know I've missed you guys for a bit now. I feel bad about that. I'm back! I shot this video this morning, having to give my hearts best to hold back my ABSOLUTE DISGUST! ... There are people in that chat giving out advice that will really break your portfolio. I'm not going to stoop to dropping names. I think you guys will see the goodies from the badies. Its awful when the chat collapses to that level. I don't like it.
Enough of that. Lets talk about some BTC. Lets talk about the MACRO picture. Lets talk about The Trend, and talk about what way the market is flowing. Then lets flow with the market, and not flow with the sentiment of the crowd.
I love ya'll!
BTCUSD: Can we trade C D leg of BAT??Bitcoin is giving an idication of some strength and a potential move to the upside. A very shallow ABCD patten has completed at 1.272 ext and we have 50% retracement ( A B leg) and a pullback to 23.6 (b C leg) and we could be a the very beginnings of a C D leg of BAT pattern.
It's a little early to get too excited so I will wait for some cofirmation, once I get it I will update with entry, stop & take profit.
If this plays out it will be very good news for other coins.
Watchlist Update 23 (Vid) | BTC | Fractals & Ichimoku? Why not!Hey guys, I wanted to get a video out today, despite the technical problems earlier. I just wouldn't be able to sleep tonight if I left you guys hanging! Here's a highly condensed version of what I recorded earlier, and I'll elaborate on it all as we move forward. You can ask me questions as well, of course. I'll provide relevant links in my status updates ;)