The 'Wildcard scenario'- BTC log scale revealing incoming dump?Remember that big rising broadening wedge that BTC broke down from but not really that hard and then came right back into it?
Well it turns out that it still hasn't been violated in the logarithmic price scale, and its support (now resistance) is really really close to where we are holding right now..
What does this mean?
Well at the very least it means that btc will probably have a descent amount of sellers at that line, but it also means the a downwards rejection from that line is a very likely scenario.
What do you think about this pattern?
Could BTC get rejected so hard that it could break 10k to the downside again?
Is this just the beginning of a big bear period that takes BTC all the way down to the 2k-6k levels?
Is none of these things going to happen and BTC will just ignore that line and pump to 19k?
I honestly have no clue, but you go ahead and write your opinions in the comments!
Btc-short
The 'Wildcard scenario'- BTC log scale revealing incoming dump?Remember that big rising broadening wedge that BTC broke down from but not really that hard and then came right back into it?
Well it turns out that it still hasn't been violated in the logarithmic price scale, and its support (now resistance) is really really close to where we are holding right now..
What does this mean?
Well at the very least it means that btc will probably have a descent amount of sellers at that line, but it also means the a downwards rejection from that line is a very likely scenario.
What do you think about this pattern?
Could BTC get rejected so hard that it could break 10k to the downside again?
Is this just the beginning of a big bear period that takes BTC all the way down to the 2k-6k levels?
Is none of these things going to happen and BTC will just ignore that line and pump to 19k?
I honestly have no clue, but you go ahead and write your opinions in the comments!
seria una jugada maestra. si o no? BTC me gusta la manipulacion Esto es solo una proyeccion de lo que los Sres ricos podrian realizar, para hacer caer al publico.
es probable una figura tipo hombro cabeza hombro invertido, al pasar los 11 000 la gente empezara a comprar, esperando ir a la alza, se conseguira ir a los 12 000, si llega a cruzar el soporte que se ha formado a lo largo de este rally, eso creara una euforia, y se comprara mas por parte del publico y traders, y luego, nos vemos hasta la linea de soporte principal que se ha formado desde 3100- 4000 usd, asi el rico se lleva a TODOS!, fin, volvemos a empezar, , solo una probabilidad de las mil que hay, gracias!
solo mi humilde opinion, comenta!!!!!!!!!!!!!!1
Elliot waves BTCEven if i don't like using Elliot Waves on BTC, i Will leave you here this case where BTC returns to april values when in my opinión, had much more sense since there were no fundamentals (except Facebook^s new coin) to give the boost it got throughout these last three months.
If people called me crazy because i see BTC returning no 6k in the short term, now im sure ill be called stupid for saying it might even go lower in the middle term (of course, new fundamentals aside)
Top and Bottom Analysis +4hs Trade idea on EOS by ThinkingAntsOkOn this post, we have made a full analysis on 3 timeframes of EOS and we developed a trade idea that is not confirmed yet, but we will wait for that formation
Let's start on the Daily Chart:
a)The ascending trendline was broken
b)Currently, the price is below a Support / Resistance zone
c)We can see a Flag pattern against the Broken trendline and the Resistance Zone
d)Flag patterns are considered continuation structures
Now let's take a look to the Weekly Chart
Trade Idea on 4hs, this is what we will be waiting for, before taking a short setup
Bitcoin forecast for next daysHi, I haven't been here for a long time.
I was quite bearish on my last few analysts, as we everybody saw BItcoin have rise very high. I didn't expect that BTC could go up so early. I was expecting long accumulation and start of a new bull season at the end of 2019. But this is trading, price is not always go in the same direction as we have in our minds.
I have start comparing Bitcoin chart from the beginning of the 2018 and it's look very similar with Btc chart today. Bitcoin looks like it's staying in a typical distribution zone. If yes, we could easily see 7000 usd in a couple of days, I trust in that analyst so I set my shorts on 10450 usd with a stop loose because Bitcoin can make us a little suprise, and start his way to the moon as we all wishing.
Have a good luck everybody and make some dollars :)
SHORT SETUP - BITCOIN Hi guys, from now on I'm going to share some interesting setups with you. I will share only market opportunities. On this way, I think it will be more useful. I do not like the predictions of the market very much. We are traders and what we want is to make money not to guess the next movement.
I hope you like it and let's go
Alt season here we come?
Hey guys.
So... in both of those charts we can see my prediction for BINANCE:BTCUSDT
and for CRYPTOCAP:BTC.D
After our massive rally to the 13k~14k areas and the rise of BTC's dominance, we could face a correction (which is a good thing after such an amazing jump (that you can see I told you would happen in an older post that I will link here )).
This correction could lead us to the 10k areas and even down to around 8k again if the momentum is strong.
Also, we can see that BTC's dominance reached the same resistance that it had back in December.
So my bet here is that IF this correction turns out successful, and the dominance will go down, especially after so much money entered the market.
It should and probably would spill into alts. Taking the big ones up first and the rest after them.
In the chart here you can see how I personally think things would go.
Hopefully we'll see 8K range again for a chance to accumulate even more BTC , because I done think we'll see those prices anymore in a year or two from now!
Bitcoin: Short trade when the price drops below EMA 100 on 1h!Good day everyone,
Again I post a very good setup, when the bitcoin drop below the EMA 100 on the 1h chart there is great potential for a short.
When we drop watch the target areas. As you see from my idea history, I'm one of the best and probably one of the most profitable traders on Tradingview. So don't forget to agree the post and follow me, I do it all for free!