Get started

BTCEUR

BTC Flirting to Break $50,000 📌 BTC Flirting to Break $50,000 This illustrates the perfect gift for valentines , but also touches on the problem of magical technical targets. An impulsive leg, avoiding the 161.8% target for our wave (iii) because it could lead to it being pinned by sellers. Now buyers are better than the textbook move for our , firstly when you think of development and secondly observing sellers and noticing that the boat is still not fully loaded to the long side. So a capitulation move towards +/- $57,000 is urgently required. Moreover, lets also consider 216.8% to be an easier area to defend than 161.8%. Admitting the weakness of sellers defence, worth considering that the path of least resistance is still to the topside. The threat is hard to find, only regulation will trigger the surrender (not expected to enter in play till summer 2021) and with a positional advantage here we must continue riding the pig . Thanks as usual for keeping the feedback coming 👍 or 👎
COINBASE:BTCUSDLong
by ridethepig
3
ridethepig | BTC Breaking to Fresh Highs📌 ridethepig | BTC Breaking to Fresh Highs Buyers taking the highs after the news, I have my eyes and now it is time to aim for the home run and initial ideal target at $47,500 - see the yearly close chart below. I managed to carry out some nice bids on the pullback although we failed to clear the $27,000 which was the well-known (C) target in our wave 4 pullback . Excellent moves, I hope this has been a healthy exercise for all to follow. The key now is to ride the momentum, here happy to hold longs while looking to add on a test of $41,000 as the most important pivot below should we see it... Unreal to think that $220,000 is in play for Q4 this year . Thanks as usual for keeping the feedback coming 👍 or 👎
COINBASE:BTCUSDLong
by ridethepig
2
BITCOIN HEADING DOWN AFTER MASSIVE RUN!!!Bitcoin has had an amazing run in the last few months, all runs require periods of consolidation to allow more money to enter the market. I am expecting BTC price to drop to the $33-$32k range before breaking past $42k - could this be good for altcoins??? Let me know what you all think Bearish signals - expecting drip to $33,000-32,000 range - Failed to break $42,000 resistance - Macd cross over to the downside - Stoch RSI down - Potential MA cross down
BITSTAMP:BTCUSDShort
by MegaWhale
1
BTC Time Analysis looking at two phases " bull and bear" Bear is when downward movement is favored while bull is where upward movement is favored I have tried to plot some key time events and frames COVID seemingly led BTC out of its bear run and straight into bull mode choreographed by an underlying parabolic trend Bitcoin is showing signs of longevity in a constantly adapting market which is good I still believe Ether owns BTC in technicals and in fundamentals, my advice is go for ETH. I have a secret spot in my heart for ETH, call me foolish, you're probably right. But my bet is Vitalik aint no fool.
COINBASE:BTCUSD
by Bixley
ridethepig | Bitcoin for FED📌 ridethepig | Bitcoin for FED A superb live example of sellers attacking far out on the flank! These are unusual markets to say the least, rarely has the fundamental/macro picture fitted the bill. Now the correct way to proceed is to hammer at the minor support once breached and aiming for a sweep of Jan 4th lows which are now hanging. It is now obvious that our pivot point and trail stops held in the minor ABC inside the (iv) flow after an excellent defence. With the hurdle cleared, any weakness at the lows here should be sold into as a breakdown is quite tenable. Invalidation comes into play now above our latest 'C' at $34,888. I hope tracking this low live has been of some use... thanks as usual for keeping the feedback coming 👍 or 👎
COINBASE:BTCUSDShort
by ridethepig
10