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Btc-trend

Good time to enter the marketIf at the beginning of the month the community of investors in crypto-currencies received a message from the authorities of some states about intentions to tightly regulate the scope of the crypto-currency, then towards the end of the month the events began to unfold more positively. - The recent meeting in the US Senate on crypto-currencies gave investors a reason to view the further development of events in a positive way, as it was more in the form of discussion of the issues on the crypto-currency market in general and what risks there are in investing. -At the roundtable with representatives of the EU authorities and shareholders of private companies, the vice-president of the EU Commission Valdis Dombrovskis told the press about serious prospects for financial markets and the need not to impede the development of technology blockades. - The Swiss Financial Markets Regulator (FINMA) published recommendations for ICO in which they disclosed the plans for applying legislation to tokens and how the organizers of ICO can receive feedback from the regulator. - The new head of the Central Bank of Taiwan, Young Chin-Long, made a statement that the Central Bank will carefully study the possibilities of blocking technologies to improve the existing infrastructure. All these events increase the likelihood that the meeting of the G20 on the topic of crypto-currency can take place in a positive manner for the crypto-currency market and at the meeting, there will be discussed more opportunities for the development of the sphere as a whole than options and tools for its prohibition and restrictions. The main coin of the market is cryptocurrency and concurrently the index on which it is customary to determine the mood of bidders - bitcoin, is trading above a strong psychological level of 10,000.00 which recently stopped the price from falling and became a strong price support level. This formation is considered by us as a serious reason to predict positive moods in the market and expect that the downward trend will be broken in the near future. It is worth noting that the markets are cyclical and if you analyze the results of trades on bitcoin over the past three years, then there is a certain pattern that can tell investors time to enter the market. In 2015, bitcoin after a decline from the beginning of the year in February (from 322.3 to 182.0) formed a strong support level at 215.00 which during the year was repeatedly tested at the price, but was not passed. As a result, for the year, bitcoin closed at 429.00 with an increase from the designated level of 99.5%. In 2016, bitcoin repeated the scenario and also after correction at the beginning of the year (from 458.8 to 359.2), the price was found at the beginning of February already at $ 370. During the year, bitcoin from this level increased by 169% to 996, 6. In 2017, the same situation: bitcoin from the beginning of the year is markedly adjusted (from 1139.6 to 779.5) and further on the results of trades for February new support is formed on a strong psychological level of 1000.00 and the year is closed by the growth of 1276.9% at the level 13769.0. Despite the rapid price jumps, now we can observe a similar formation. Bitcoin started the year with a decline (from 13769.0 to 6000.0), after having played a part of this drop and now trades above 10,000.0. This corrective growth continued just up to the upper boundary of the downward channel in which the price moved since December of last year. As a result, on the one hand, the price has support from the lower boundary of the long-term trend and support for a strong psychological level, with a pattern that has not been repeated once. On the other hand, the price tests the upper limit of the downlink. In sum, these facts give a high probability that the downward trend may be over, and the statements of high-ranking officials of states to promote the development of blockchain will signal the bidders to invest in promising and promising
BITFINEX:BTCUSDLong
by Pricemann
SALT/BTC - quick easy analysisSALT is currently very near red resistence line. Im watching, if SALT will breaks this line and continue uptrend. Or make reversal & with probability falls lower . I guess,very close to green support line. In these case, difference between good and bad buy mightn be easy about 15-20% : ) But nobody knows future and we will see, maybe by few hours verdict :) STOCH/RSI shows market OVERBUY = potential downtrend. Clever is wait : ) Especially if you are new in crypto, exactly like me. This was my beginner easy-quick education. * For educational purpose only.
S
by EmVi
2
The Trend: EP1 -- BTC Prepares to moveWelcome to my new "series" I'm calling this The Trend . I intend to make a video a day for this series helping our traders keep up with the current state of crypto, and what we need to be prepared for that day. If you like the idea of this channel, please leave me a comment to let me know! I intend on having a second series as well -- which will be geared towards helping traders learn indicators and basics of the market. This series will be called The Support Line so keep an eye out for it and let me know how you feel about that production when it hits the block! If this is a stupid idea - let me know what I can do that would be better. But most importantly just leave a comment!! How about them new colors!?!?!
COINBASE:BTCUSD
by blessmywork
38
Litecoin still HIGHLY undervalued EDUCATION: What is a Falling Wedge ? We can observe a bullish pattern here, a Falling Wedge, that begins wide at the top and contracts as prices move lower. The price action forms a cone that slopes down as the reaction highs and reactions lows converge. Each high is lower than the previous high, and each low is lower than the previous low. We need the price to break the upper resistance line to get a buy signal, which could be seen soon as the RSI broke the resistance, but we have to wait for a breakout and can’t make any speculation - very important . If it occurs, just watch the next resistance which is the previous uptrend line (red dotted line on the chart) that formed in november / early december. Once it breaks that, it’s going bananas. If it doesn’t occur, we’ll stay inside of this Falling Wedge (bullish pattern in case you’ve already forgotten) and eventually bounce off the main uptrend, which nicely coincide with the end of the pattern. We can see also see others bullish signs in this chart: 1. The price formed a double bottom 2. It did it on a very important support line: the 0.786 Fibonacci line 3. And finally if you zoom in, and take a look at the 4h chart… You can see it performed a nice bullish divergence. EDUCATION : What is a bullish divergence ? As shown below, it occurs when prices reach a new low, but an oscillator (The RSI in this case) reaches a higher bottom than it reached during its previous decline. This kind of divergence is often the best signal of an impending sharp rally. I’ll close this idea saying that I’m bullish on Litecoin not only based on the technical analysis I just showed you, but mainly based on the fundamental analysi s: it’s a very good payment option, fast, with low fees, and way more convenient that Bitcoin (not difficult I agree). In more, there’s a lot of positive news with Litecoin, with the release of Litepay, futur atomic swap with Bitcoin in 2018, network continually growing, more and more commerçants accepting it, etc etc etc. I believe it is still very undervalued, and will not be surprised to see a huge rally this year, with more adoption from the mass. And finally, why couldn’t I contradict myself and end with some speculation to spice up even more things… Could Starbucks starts accepting Litecoin? theusacommerce.com
BITSTAMP:LTCUSDLong
by victor_tlm
2
BTC POTENTIAL BUY ZONE 200 DAY MABTC is approaching its main trend line which has acted as a support and resistance in the past. Along side this we are also approaching the 200 day moving average which is a key support level to hold. We have support in the range between 8500-7500 USD value which could potentially along with the other two support's mentioned above give us a nice point to make an entry and a nice point to make a trend reversal for 2018 Lets watch this space.. :)
BITFINEX:BTCUSDLong
by gillman_hugh
1