BTC: Oh BTC, Oh BTC, Whatever Shall Your Next Move BE?Good day to all money makers!
If you find my charts useful please consider a follow and a thumbs-up as it motivates me to share and grow with you!
- The future has never been this hard to tell.
- This is just my current idea.
- I am not a financial advisor!
- There is always a huge chance of different patterns taking shape in these ever-changing charts.
- I can be 1000% wrong!
- Trade responsibly.
- Be focused.
- Have a plan.
- Stick to the plan.
- No FOMO.
- Take the time to study YOUR own charts and come up with your own ideas as you are going to trade with your money.
- Never trade what you are not willing to lose
- Remember Stop-loss is your friend.
- Smile!
- Good Trading and Good Luck
If you Find my Charts useful please consider a follow and a thumbs-up as it motivates me to share and grow with you!
Btcchart
BTCUSDT: Can We Repeat History?Good day to all money makers!
If you find my charts useful please consider a follow and a thumbs-up as it motivates me to share and grow with you!
- Could history repeat itself?
- Very similar pattern so far. we need to wait and see how this plays out.
- This is just my current idea.
- I am not a financial advisor!
- There is always a huge chance of different patterns taking shape in these ever-changing charts.
- I can be 1000% wrong!
- Trade responsibly.
- Be focused.
- Have a plan.
- Stick to the plan.
- No FOMO.
- Take the time to study YOUR own charts and come up with your own ideas as you are going to trade with your money.
- Never trade what you are not willing to lose
- Remember Stop-loss is your friend.
- Smile!
- Good Trading and Good Luck
If you Find my Charts useful please consider a follow and a thumbs-up as it motivates me to share and grow with you!
BTC Dropping to 40K 42K? Maybe1 Hour Time Frame
Good day to all money makers!
If you find my charts useful please consider a follow and a thumbs-up as it motivates me to share and grow with you!
- We have Hit every target of my previous ideas with extremely high accuracy
Possible head and shoulders forming.
- If this is the case expect a further downtrend to R1 followed by R2!
- I would recommend being prepared for the value to drop to the range of 40K-42K (Fib levels of 0.58 - 0.618 ).
- This is just my current idea.
- I am not a financial advisor!
- There is always a huge chance of different patterns taking shape in these ever-changing charts.
- I can be 1000% wrong!
- Trade responsibly.
- Be focused.
- Have a plan.
- Stick to the plan.
- No FOMO.
- Take the time to study YOUR own charts and come up with your own ideas as you are going to trade with your money.
- Never trade what you are not willing to lose
- Remember Stop-loss is your friend.
- Smile!
- Good Trading and Good Luck
If you Find my Charts useful please consider a follow and a thumbs-up as it motivates me to share and grow with you!
Watch this for BTC's Sake...here's the summary:
1- Do not rely on BTC profits right not...
2- While BTC has no trend, you can trade in altcoins and gain massive profits...
3- BTC is bullish, so any drop is DUMP and will recover fast...
4- manage your risk by changing your BTC and altcoin assets in your portfolio...
5- do not sell your assets because of a dump, do not engage with fear...
Stay tuned, follow and share the posts
BTC Dominance at MONTHLY RESISTANCE Sorry, Guys! I was busy, that is why I was unable to post any analysis.
Okay, Today's Analysis are very very very IMPORTANT, as it dictates the crypto market.
Bitcoin is the mother of all cryptos, if it moves, let's move accordingly.
First, let me give you the concept:
CONCEPT:
When the dominance of Bitcoin increases, the dominance of Altcoins decreases having mid to low cap. More bitcoin dominance means more people are investing in bitcoin. This means that market is investing in bitcoin and withdrawing their assets from altcoins which causes the altcoins to drop.
Let's understand the supply and demand concept.
For Bitcoin:
Supply = No. of bitcoins
Demand = No. of buyers
Now, currently is a demand for bitcoin has increased means more buyers are there in the market which directly pushes the dominance of bitcoin and ultimately leads to an increase in its price, and supply is becoming less.
For Alts:
Supply = No. of Altcoins with there supply ( More than 1000 alt cryptos with billions of supply )
Demand= Again the buyers
Now, as the Supply is immensely huge in altcoins but the buyers have shifted from altcoins to bitcoin causing a decrease in demand of altcoins, which lead to increase supply, and that caused the price to the dropdown.
That's why the price of ALTS has gone down.
Big Alts Like ETH, XRP having large Market Cap follow Bitcoins, but Mid to Low cap coins have a reverse effect of bitcoin dominance.
I have tried to educate you guys, I think you have got the idea of how Crypto Market works.
Chart Analysis:
Right now, Bitcoin dominance is between the Weekly Zone 61.98 and Monthly Zone 64.40. From 13 July, three candles have been into this zone and have been rejected by the support at 61.98.
Also, see how the Trend lines T1, T2, T3 are being respected. We might see some retrace back to 61.98, in that case, Alts are gonna PUMP BACK, if anyone holding the alts can exit during the retrace of bitcoin dominance.
Those holding Alts, don't panic, wait for the btc dominance to retrace back a bit.
BTC dominance is converging, so right now it's not stable. Let it find the support and resistance and be stabilized, then the alts will be back.
If next week the btc dominance candle breaks the monthly level 64.40 and a new candle is formed above this level, then BTC gonna pump more and Alts are gonna DUMP more.
If Btc retraces back from this level, we gonna see the pump of Altcoins.
Thanks guys,
I hope you have got the idea of how Bitcoin and let's work in this crypto market.
BTC - WEEKLY - Strong Resistance @ $10000!!!Hi All,
Just sharing the weekly view of BTCUSDT.
Bulls are struggling to push and hold above $10000 mark.
If the weekly candle closes below those 3 red resistance levels we may go down to $8000 or even lower - to the green trend/support line.
Please give this a thumbs up if you like the idea.
Thanks!
New HIGH on Bitcoin or price fall quickly!!!Everything is fine in CORRECTIVE WAVE then, Impulsive wave will price up-to new high.
plotted HH,HL,LL and LH.
Breakout on parallel channel:
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Bitcoin, where are you going?Bitcoin has shattered the expectations of recent our recent charts. The bulls are in, and proof is in the chart and history. Taking a look at the 1W chart, the MACD is showing that it just began a long bullrun.
Second, take a look at the green boxes. Whenever Bitcoin started moving up.. it kept going up. There is no time in its history where Bitcoin moved up which was interrupted by a massive sell off.
Shorts vs Long: There are two ways of making gains here. You can short, buy back in with more capital for even greater gains (by percentage) or you can long this. It seems like we are heading into another summer bull run. It seems like Bitcoin is more and more of a safe haven, specially since China is trying to digitize their currency more and more. 3rd world nations are also going into Bitcoin as well, but as great as Bitcoin is, it will never replace Gold as THE safe haven asset.
Targets: $15,000-20,000
Disclaimer: Bitcoin is a relatively new investment. Bitcoin like every stock, future, commodity is manipulated. With that being said, there is nothing stopping a massive sell off without warning. This is the risk to cryptocurrency. You can foresee stock market, fiat declines based on the health of the economy. The same can not be said about crypto.
This chart has completed the bear market. It is showing a great bullrun, correction, and continued bull market.
Decision Point for Bitcoin! Can Bitcoin push above this solid resistance area to kick start the bull run!
The next few days are critical as the upcoming area has a confluence of the below three levels of resistance:
1) 200 day moving average line.
2) Fib level of 0.382, if you take the move down from (approx $14K) top in 2019 and the recent $6.5K bottom.
3) The multi month support level just over $9K which acted as strong support during the summer of 2019, until finally breaking down with an epic downward action - this would now qualify as strong resistance as per technical analysis theory.
The current positive signs for the bulls are that it has tested this area many times over the past week and is showing some healthy consolidation near it, rather than just bouncing down. Lets not forget about the upcoming halving event in May 2020, as per previous halving events, the market does tend to boom.
BTC at Key SupportWhat Key Support?
We are again at the 0.618 - 0.65 FIB retracement zone, which is the MOST important FIB zone for BTC. Whether this zone holds is crucial to where BTC could reach in 2020.
When to enter?
1. Timing: Now - Christmas
Historically, we often see better market performance in December compared to the other eleven months. Why?
- It's time for big sales as traders ditch losing positions for tax write-offs
- Portfolio managers bid more aggressively in the market to end the year with better performance reports
2. Use RSI MAs
We are still a big fan of using RSI holding/failing its MAs as signals for entering heavier positions. And this type of pattern is always magnified when it happens at MA crossovers.
What could 2020 BTC halving do to BTC price?
We all know that the next halving will happen in May 2020. Given the still heated discussion around whether 4k is the bottom or we are going to drop below 1k, we do think the key resistance zone at 14k needs to be tested before we break to the upside. This will lead to several months of consolidation in the 7-14k zone. Similar to the 80% price pump before the July 2016 halving, we may see a speculative effect in March - April next year, breaking above the 14k resistance. (The less of a speculative effect before the November 2012 halving may be due to the digital asset’s lack of media attention at the time.) This same type of "buy the rumor, sell the news" behavior has occurred numerous times in the crypto space, leading by the BTC future trading launch on CME and CBOE . BTC price increased more than 300% prior to the actual launch, followed by the 2018 and 2019 crypto winter.
Goodluck Trading!
BTC chart updateWe should see one or a few days flat for BTC price (between support and resistance $5000 / $5200) then BTC will have enough power to break $5200 resistance and next stop should be $5600 resistance which lead us to $6000 price zone, than we think correction will be started and how much exactly BTC will dump - very interesting question. This is unlikely that BTC will reach $7000 zone before dump, but as you guys see on this overhyped cryptomarket still possible miracles.
Eleven More Weeks Till The End of The Year $BTC All The Way Up!Eleven more weeks till the end of the year.
1. With the recent pump, the cycle should restart to a new cycle, but we can see it making another high, we will wait for confirmation.
2. Still calling last bottom since months ago is $5700 - $5800
3. Big money accumulating offline, they are not buy in the market because it affects the price.
4. Play safe, accumulate your biggest bags regularly.
If all of these ideas I posted helps you, give them thumbs up, shares, comments and follow me. If you have a suggestion, just fill in the comment sections or message me. Looking forward to hear from you all. Thanks a lot!
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BTC/USD : Lower low? Bullish or bearish? Hi guys,
Where is the Bottom? That is a good question, we need to have the best probability for the Bitcoin :
BULLISH SCENARIO :
- Low volume = next movement will be very strong, so be careful, but if it's bullish, big profits will coming!
- We have lower low since a few weeks, as you can see, we need to breakout the bearish trend line to have a good bullish Momentum
- We also need to break 50% RSI on daily chart and then, 53% RSI (previously resistance)
- Final objective : 7400$ (last high) to confirm the bullish start
BEARISH SCENARIO :
- If we broken down, the first step will be the bullish trend line about : 6300$
- Second step : 5700$ (the big red support)
The daily chart give goods signals and real probability, stay tuned because this will happened really soon for me.
SORRY FOR MY BAD ENGLISH GUYS :) TRY TO DO MY BEST
BE CAREFUL, BE SAFE