Get started

BTCEUR

BTC Giant bull trapTo me 3 things are obvious: 1. The latest BTC spike is abnormal. It occurred for no apparent reason and coincided with bitfinex maintenance. 2. The spike came at a time when bulls are losing steam and someone could argue that it looks like a BIG FLASHING NEON SIGN urging them to re-enter the race. 3. Nothing defies nature's laws, and what goes up will come down. Conclusion: "What you don't know, won't hurt you, it'll kill you. Like if they tell you you're going to shower but they turn out not to be showers." and since it seems that I do not know a lot about the recent events I decide to stay out of the market until things start to make any sense.
COINBASE:BTCUSDLong
by fpunx
11
ridethepig | BTC Market Commentary 2020.02.11On the Crypto side, the market couldn’t make up its mind whether to break $10,000 or take some profits. After a little bit of both types or price action so far this week. Cryptos were generally positive and the dollar offer seems to have returned. Mildly positive headlines on the nCoV front regarding antidotes, combined with reports of some returning to work is also giving a breather to Crypto markets. It’s really tough to find any meaningful reason to take chips off the table so I continue to keep heavy BTC longs. I’m waiting in the shadows to add to LTCUSD longs. The cross traded 75 yesterday as algos persistently took profits. I really think any move lower is unjustified and the strong liquidity injection will see LTCUSD a lot higher once we clear the coronavirus flows. A better start in BTCUSD after a dip to 9750 but it wasn’t long before the bid returned. With Equities once again on the strong side, BTCUSD has been able to spend most of the morning ticking higher. Chinese accounts seemed to add more longs to the move and we reached 9850. There has been impressive demand for Bitcoin appearing at the levels where it opened the week… 9750. The price action is clearly not bearish but I genuinely think this will rocket when the Fed / Whitehouse funding mystery flow is complete.
BITMEX:BTCUSD.PLong
by ridethepig
Some Bad news for Bitcoin Bulls that can take the price to 8800sHi friends, I am back with a new chart. In my last chart I published an idea stating that BTC will hit 8800 in no time but I failed to calculate this tiny pump till 9800s from 9400s. It was pretty natural move and trend traders wont mind but I found out that some of my followers do care 300-400$ moves which I am not fan of. However I am coming up with this new Bearish idea where my focus is to ride at least 1000+$ down from here. You can see from the chart that there was a beautiful symmetry formed that can help us to have a tiny dip before we march into another Bull rally. My Trade : Short from 9750s-9850s Target: 8800s and below Peace and wealth, Budha
BITSTAMP:BTCUSDShort
by UnknownUnicorn6209745
10
ridethepig | BTC Spot Commentary 2020.02.06Another strong bounce for BTC and all major Cryptos given the claims a cure had been found from Zheijan University. BTCUSD marching through 9600 to test 9750 is clearly carrying the solid demand over the past two days. A capitulation leg is cooking in the Long-term diagram: On the fundamental side, we can continue to ride the helicopter money from PBOC & Fed. Despite “solid” US data of course FED are keeping the printers on to help fund Whitehouse fiscal policies. Markets are underestimating just how bad the knock in confidence will be when this catches up and the likely impact this will have on BTC inflows. I continue to see this eventually heading towards fresh all time highs. The flows remain towards: $13,500 => $16,000 => $33,000 It always boils down to the same situation; a complex swing which may look sound, but has one stick opponent. According to the technical rules, the damage was already done on the break. As usual thanks for keeping your support coming with likes, comments, charts, questions and etc!
BITMEX:BTCUSD.PLong
by ridethepig
#BITCOIN | What is next ! Hello dear ! Today we will try to anticipate the next price trend As we previously expected, the price will rise from the $ 8200 areas to the highest, and this is what you have done. You can confirm this at the bottom of the article. Now we notice that the price has reached the regions of 9500 dollars and this is a good thing The next target will be 10300 dollars as shown in the analysis above. Take a good opportunity to enter. Take Care ! Great analysis
BITSTAMP:BTCUSDLong
by SALAH-LH
11
BTC Correction in progress, price will shortly go up >> USDCHFBitcoin trades inside a bullish channel, it's just a matter of time before it breaks outside the descending triangle and goes up. I've also checked the Elliot waves approach to investigate the potential of the price dropping lower but the figures just dont add up. Finally, if this bullish trend breaks, bitcoin will go all the way down for good and believe me, neither bulls nor bears or whales want that. ***IMPORTANT **** bitcoin's pattern is identical to that of USDCHF, I couldn't find a way to upload a picture, but please if you know how tell me and I'll upload the USDCHF diagram asap. Disclosure: Please be informed that information I provide is NOT a trading recommendation or investment advice. All of my work is for fun purposes only.
COINBASE:BTCUSD
by fpunx
Bitcoin Weekly New All Time High ChartBTCUSD Technical Analysis Chart: #bitcoin now Trading at $9290. ( when I write this post.) what Say Chart: According to chart BTCUSD now looking fully bullish mode. And at now we are at Resistance Level at $9555. and this is very Big resistance. and strong Trendline resistance also. if We hold price above $9555 and also any weekly candle close above $9555 then we are extremely Bullish. now BTCUSD rejected 3 time this Resistance level so I can expect Some Retracement. retracement would be 1000$ also. so keep an eye on Chart. Support 1: $8720 Support 2: $8540 Support 3: 8150 Resistance 1: $9555 Resistance 2: $12500 Resistance 3: $118971 please like and follow me guys for Each and every updates of Cryptocurrency and Bitcoin.
KRAKEN:BTCUSDLong
by CryptoPatel
Bitcoin Current Exclusive Update#BTCUSD Technical Analysis Chart: BTCUSD Now Trading Bellow $9400. according to TA we can say We are bearish for Short Term. only we are bearish because we want retracement of Bitcoin. And Retracement is good for long Run. now we are Watching Current Resistance Level $9555. If we can break above this Resistance Line then We can see BTCUSD $10000+ within few weeks. but If we can't break above and now two time rejected this resistance line so I can expect some short term Retracement. My Key point is $9075 and $8336. Resistance : $9555/$10000 And $8540 is CME GAP also. 4 , 6, 8 hours MACD also Bearish. So guys keep an eye on every updates. and please like and Follow me for Crypto updates. Thank you
BYBIT:BTCUSD.PShort
by CryptoPatel
3
BITCOIN Bearish Mode vs Bullish ModeBTCUSD Technical Analysis Update: BTCUSD Now Trading bellow $9250. What TA Says..? according to technical analysis We saw now Bearish Engulfing in 2 days chart. If This currently 2 days Chart candle close bellow $9300 then I am bearish . and My Target will be $8700 and $8205. Support1: $8720 Support2: $8203 $8540 is also CME gap still not filled. MACD also bearish . I am Looking for Long Opportunities . Please like and share guys And also follow me for crypto latest updates charts.
BITSTAMP:BTCUSDShort
by CryptoPatel
2
ridethepig | Transferring the attackBeing overly defensive is not an act of religious charity, rather a strategic advantage to flow from the demand zone that we established with the Bakkt Floor. There is only one exceptional case in which a weak swing has any justifiable claim to be over-protected, that is when it is being nursed through the function of a growing giant. For example: The base of the swing was formed live here when we traded the overprotection. With this we said farewell to sellers and presented another sad case of "the last offer". Here after the break we are no longer required to talk so much about the technicals. BTC is benefiting from the risk-off sentiment and after trading above $9,500 earlier in the week the Crypto board is turning to the next chapter. A little higher this morning as more risk comes off. Remember BTC also has the fundamental driver via halving entering back into play which I would expect to continue finding demand on dips towards $9,000, while also keeping a close eye on the $10,000 window where we find some further profit taking. The flows remain towards: $13,500 => $16,000 => $33,000 It always boils down to the same situation; a complex swing which may look sound, but has one stick opponent. According to the technical rules, the damage was already done on the break. I will continue to trade the buy side for now and actively looking to add longs on the day in BTC, LTC, EOS and other major Cryptos. If we get enough interest we can start to open up the faster intraday flows for Cryptos on Hourly and H4 charts. As usual thanks all for keeping the support coming with likes and comments!
BITMEX:BTCUSD.PLong
by ridethepig
5
Bitcoin Exclusive Update $422000 within 2 Year..?Bitcoin Now Looking Very Bullish in Weekly Chart Frame. If we see last Past DATA then we can see Next bull run is very Near. I calculate all data after My analysis Research. First Time 30MA crossed 50MA which is Bearish and After this Bearish Crossover Bitcoin Dumped hard and decreased 71%. mean $588 to $166 ( approximately -71% dumped. after this bearish crossover Again 30MA crossed 50MA upper Side (which is very Bullish. And We get new All time High of Bitcoin which was $20000. Mean after This Bullish crossover Bitcoin Low Was $300 and High Was $20000. Mean 6530%. again We saw bearish Pattern at 3 July 2018 that time bearish crossover again happened 30MA crossed 50MA downside. and we saw bitcoin low $3215 after this Bearish Crossover. But main good thing is this 30MA again Bullish crossed Upper side 50MA. And this is very Bullish. if we calculate past data then after bullish crossover low was $6477 and if we calculate from this low and 6530% then we can see Bitcoin Price in Next Bull circle $422948. I know this is very high but we calculate from last DATA. So I am extremely Bullish on Bitcoin. Halving: Before Halving we can see Bitcoin Price Max $15900. After halving its can go to the Moon. and Our Target would be $422948. Do your own Research and This is Not Financial Advice. This is My Own Research.
BITFINEX:BTCUSDLong
by CryptoPatel