Get started

Btceth

Bitcoin looks ready to break out of a BULL FLAG!Keep an eye on the RSI, if the price breaks out of the bullish flag & the RSI doesn't break the downward sloping resistance to create a higher high than there will be a clear bearish divergence. The DPO is starting to creep above the red downward sloping line of resistance, potentially indicating there is more upside price action & the price isn't ready to top out. The dark blue line is the price of ETH on coinbase, Ethereum is noticeably taking charge of this bull run, very interesting.
COINBASE:BTCUSD
by ScotianBot
1
BTC/USD (Local trendline break; Bullish Pattern still valid)BTC/USD -Bitcoin manages to break the local trendline resistance -closing the daily candle bullish -new higher low is set at 9.2ks area -upward trendline of ascending triangle still valid -the priority is back to the bulls -we may have a high chance to retest the 10k major resistance -notice the volume decline approaching the triangle apex -it is telling us a large move is about to happen -be ready and always use a strategic stop loss area
BITSTAMP:BTCUSD
by PolarHusk
✌️😁✌️ Bitcoin, Show Me Some Volatility! (BTC)💰 LET'S GET INTO SOME BITCOIN ANALYSIS!💰 1️⃣ First off SMASH that LIKE BUTTON & Give us a FOLLOW for DAILY ANALYSIS! ❤❤❤ (Overall Market Sentiment) 🐻 Bearish - Welcome to a new week Bitcoin & Cryptocurrency traders! 😁 - Now is critical time as the weekly is full on compression of a doji candle. We need some serious bull pressure to step in and break this out soon for bulls to reclaim territory. - The 3 day is still showing red crossover candle, with a chance of average crossover. - The ema dots indicator all 3 continue to fire red as the weekly begins to compress hard ad start to shift towards red ema dots. - I believe that this week will be key for a market move to really start getting the volatility rolling back into Bitcoin. Drop your charts and comments down below, share with us what you think is going on in the markets! ❤❤❤ Thanks for checking out our analysis! 🖖😁 Have an awesome trading week!!! 💰 🥇MLT | MAJOR LEAGUE TRADER
BITSTAMP:BTCUSD
by UnknownUnicorn2319099
10
Whales Went Hunting. (BTC)Hope you're all doing well today. ✌😁✌ Let's talk about the chaos that happened yesterday as we had an edge breakout and then a reversal. Everybody and they baby mama was looking to long the 10k break with anticipation of a bull run. Does anybody notice where the weekly sits on my chart? R e s I s t a n c e The whales set off the breakout to trap all of the people that went long to liquidate them on a short with severe market manipulation. People that bought the 10k break, most probably forgot to use a stop loss and now have married the trade with Hope's of returning. (Bad idea) The breakout is not always a smooth operation, this was clearly a fakeout and now I really want to see how the 3day closes ro walk us into the weekly close since we do still sit back under the key Resistance. Multiple times the last couple weeks we approach 10k and got rejected multiple times and had a fakeout. I'm not convinced. I currently have no bitcoin position, need a little bit more time to determine which way it wants to go. Will look for my next play based off the 3day close. Will play strict rules based off the Crossover strategy and the ema dots. If this Resistance continues to hold, expect a big selloff and a prolonged bear market. Stay on your toes and alert during these manipulated times. Best of luck to you. Will update here. 🥇MLT | PRO TRADERS
BITSTAMP:BTCUSD
by UnknownUnicorn2319099
11
Bitcoins Setting Up A Big Move! (BTC)It's time to dance with Resistance! 😁 Hello world, I hope all are doing very well today. We want to look over bitcoins latest price action. We are now beginning to squeeze and find a consolidation range for bitcoins price in the high 8ks to the highs of 10k. This is a perfect setup for the long term move we have been searching for. This pennant represents price consolidation with price setting higher lows and lower highs as we squeeze for an average price. If we can funnel and continue to squeeze we can play the bounces in between the highs and lows for profits to scalp as we prepare for the big breakout. Currently we sit around 9.5k on the upper downward Resistance of the pennant. We are currently looking for a play on the 6hr timeframe show e won't get a close for about another 5 hours from now. We are going to get aggressive here for a short at 9.528k and stop at 9.676k risking roughly around 1.5% if we go back towards Resistance. My candles are Squeezing red at the Resistance zone and if we close red in the next 5 hours we will have all red align on the Crossover strategy and the ema dots indicators below. If this short can play out we could head towards 9k - 9.2k to test the pennants support. Would'nt be a bad little pay day for the scalp. The major pennant support and Resistance levels we can then look for breakout to the top or to the bottom for the next major direction of the cryptocurrency market as we continue to battle the 10k. Keep the stop tight and cut loss when needed too! Never marry a bad trade. Manage the risk and rise the gainers. We will continue to stay updated on this post. 😁
BITSTAMP:BTCUSDShort
by UnknownUnicorn2319099
32
$10,000 (BTC)Happy birthday to me today! 🥳🎂😁 12hr continues to fire green as the bulls strike back with an attack at the most important level, 10k! Currently we have a double top rejection and a break on upward support and currently shooting for the retest to see if old support can become new Resistance. Lots of alts have popped off an ran hard, while still a lot sit in accumulation rock bottom lows. Definitely massive amounts of accumulation on alts and I don't see how anymore of the the alt supply could get shaken out. I can't imagine selling alts here, could you? But, if 10k were to hold I strongly believe this market could stay ugly with anticipation of a massive drop on btc price. If this were to happen btc would just be another bear party in the making. Based off the situation with alts though I have strong hope! Would love to see this breakout more than anything! Very critical times. Currently the weekly, 2 week, monthly are all green. It's just that Resistance slope that is keeping me on a conservative approach. Walk with it, don't rush. I'm heavier with alts vs btc. Best of luck to you all with your trades today, have a great day! ✌😁 🥇MLT | PRO TRADERS
BITSTAMP:BTCUSD
by UnknownUnicorn2319099
19
We Continue The Fight In The Sweet Range! (BTC)Good day everyone, I hope all is going well! Let's talk about the reversal that took place throughout the night. First off on the last turnaround we looked for our short from 9.25k and had a constant battle back and forth. When we entered 9.25k I told you I would set a 1-2% stoploss and as price dipped through last week I continued to move my take profit lower in case of a reversal. Was it the biggest move? No! Was it a win? Yes! It's best to not be a perma bull or a perma bear and to learn how to adapt to any market situation. We got stopped out at 9.05k for a profit of 200$ per BTC over night. A win is a win! You take what the market give you and not try to be so greedy. We are here to be in the game for a long term and not a short term. That's the issue with a lot of traders. Everybody wants to get rich overnight and when a trade goes against them, they don't know how to cancel and cut loss. Bigger than any strategy cutting a bad trade out taking profit on a reversal is where most traders get caught up in blowing accounts marrying a bad trade. Take what the market gives you and walk with it. If we zoom in on the 12hr to see how it's been moving, we have had a perfect doji up top on the Crossover followed by some engulfing movement as all indicators line up. We can step down to a smaller timeframe to look for a more aggressive approach to taking a trade and following it up with a larger timeframe to catch the trends. We are still in a heavy indecision zone. We know where our edge plays are at. 10k is the money Resistance. Right now we are playing a lot of back and forth movement until we catch the next major trend that we can really sit on. Look, most people on here are looking for when to buy and when to sell from other traders. That is not smart trading. If someone calls a trade and goes wrong who's to blame? You or that trader? I would blame yourself since you are trying to find an easy route when you could be learning how to trade. Most people that call a signal are running pump and dump operations and could use you as dumb money and than dump to take profits on you. Do your own research, learn how to trade and don't depend on others to tell you what to do! I'm not here to give you signals. I have a busy life and business to handle. I'm specifically here to show you how my strategies work and how my indicators work to help make your trading easier. I believe in education and not get rich quick signals. Learn to trade, learn how to cut loss, learn to take profit, learn a system to help you make it easier on you as a trader. I will post charts and ideas to show you how I think and operate! Very rarely do I tell you when to exactly buy and sell. DYOR! If I wanted to run a signals group, I would of had one up and running by now, but I don't. I'm not here to let you copy me, I'm here to teach. Have an awesome day! 😁 🥇MLT | PRO TRADERS
BITSTAMP:BTCUSD
by UnknownUnicorn2319099
11
BitcoinSymbol: BTCUSD Time to get aggressive. She looking juicy. Which way you wanna go? Show me the money!!!!!! 🤑 ---------------------------------------------------- Want to level up your trading skills? We just realesed our new course! Follow our tradingview page and visit the link in our bio if you are looking for new strategy to add to your arsenal. --------------------------------------------------- Thank you for your continued support, God bless. - Major League Trader
COINBASE:BTCUSD
by UnknownUnicorn2319099
10
Bitcoin DominanceStock Symbol: BTC.D Currently we are seeing a shift to the downside on a monthly time frame. Almost to a crossing point for a strong drop in dominance. Not quite there yet but I have been posting charts on this showing we would come down. If we can break down with strong distribution than we can look for an alt run. Diversify and use 5% stoploss ---------------------------------------------------- We just realesed our new course! Follow our tradingview page and visit the link in our bio if you are looking for new strategy to add to your arsenal. Use Promo Code: FIRST100 to receive $50 off of your course! First come, first serve / Code valid for first 100 buyers. Normal price $99 --------------------------------------------------- Thank you for your continued support, God bless you though these times. - Major League Trader
CRYPTOCAP:BTC.DShort
by UnknownUnicorn2319099
2
BitcoinStock Symbol: BTC I see a lot of post of traders chasing the intraday moves. Let's zoom out and look at bitcoin from a monthly perspective with my setup. Currently we are seeing the same crossover to the downside as we did on 2017 top to come down. The thing with day trading is when the market hits hard overnight many tend to forget the outlook on overall market trends on large timeframes. Sure we have been pick up some steam coming up but let's not forget how fast the market dropped when the market crashed last. Chasing gains on small timeframes is cool if your consistent with winnings and cutting losses. But most I think fail as daytraders because they forgot to identify the higher timeframes. I'm a position trader I take in account to what the overall trend looks like. If you are constantly being beat in the day trading game and are sick of chasing it, than you should consider to move up In time. Trust me, when i started trading i was a day trader and i tried to capture every opportunity i could. Ultimately it never was consistent. I believe diversifying and finding the big shifts in markets is where the real money is made. Why scalp something when its geared for a major trend that you are fighting? The weekly on previous bitcoin post is still red even with the recovery we have had and is a at a critical price of indecision. One thing I like to take in strong considerations is, look how exhausted the alt coin market is. That is what is giving me fuel to btc maybe resuming upward momentum but we are really starting to see some serious accumulation process for alts. We dont control when the big boys show up to really move the market. Money inflow and outflow on a short term perspective can damage you quickly. I'm indecisive on bitcoin right now and I will follow up in a week to see how it is doing. But for the most part, I'm liking the alt coin market for accumulation. Diversify and use 5% stoploss ---------------------------------------------------- We just realesed our new course! Follow our tradingview page and visit the link in our bio if you are looking for new strategy to add to your arsenal. Use Promo Code: FIRST100 to receive $50 off of your course! First come, first serve / Code valid for first 100 buyers. Normal price $99 --------------------------------------------------- Thank you for your continued support, God bless you though these times. - Major League Trader
BITSTAMP:BTCUSD
by UnknownUnicorn2319099
7
BitcoinStock Symbol: BTC Proceed with caution, we are still not seeing a strong confirmation yet for a long term hold. Need more time to show what this chop wants to do. Diversify and use 5% stoploss ---------------------------------------------------- We just realesed our new course! Follow our tradingview page and visit the link in our bio if you are looking for new strategy to add to your arsenal. Use Promo Code: FIRST100 to receive $50 off of your course! First come, first serve / Code valid for first 100 buyers. Normal price $99 --------------------------------------------------- Thank you for your continued support, God bless you though these times. - Major League Trader
BITSTAMP:BTCUSD
by UnknownUnicorn2319099
5