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Bitcoin (BTC) - June 23Hello? Dear Traders, Nice to meet you. "Like" is a great power for me. By "following" you can always get new information quickly. Thank you for always supporting. -------------------------------------- It is rising above the uptrend line (5) and 9544.5. I think it is important to get support at the uptrend line (5) or 9544.5. If you get support at point 9544.5 (above 9601), you need to make sure you can climb above 9728.5 by June 27 (June 26-28). If you stay too long in the 9544.5 to 9728.5 section of the high volume profile section (9415 to 9728.5), the power may be weakened. Therefore, I think it is important to quickly rise above 9728.5 points and do sideways. I think it will be helpful to check the flow when you do sideways on the long-term uptrend line (4)~9728.5 section and comparing the movement with the current uptrend line (5)~9728.5 section. ----------------------------------------------- (Binance BTCUSDTPERP 1D chart) After June 23rd, it is necessary to check if it can rise above the 9591.11 point along the rising trend line (3). If you follow the upward trend line (3), there is a possibility that volatility will occur around July 3rd (July 2-4). If it falls from the 9591.11 point and falls from the 9204 point around June 28th, there is a possibility of volatility around July 8th (July 7-9). ------------------------------------------------ (OKEX BTCUSDTPERP 1D chart) As it climbed above the uptrend line (1), it broke the 9600 point. It is necessary to check if it can be located above the 9600 point and the upward trend line (1) by June 26 (June 25-27). There seems to be a possibility of small volatility around June 26 (June 25-27). ------------------------------------------------ ** Check support, resistance and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee profit or loss on investment. Description of abbreviations shown in chart R: A resistance point or section where a response is needed to preserve revenue S-L: Stop-Loss point or section S: A point or section that can be purchased for profit generation as a support point or section
BITMEX:XBTUSD.P
by readCrypto
2
Bitcoin (BTC) - June 21Hello? Dear Traders, Nice to meet you. "Like" is a great power for me. By "following" you can always get new information quickly. Thank you for always supporting. -------------------------------------- We need to make sure we can rise above the 9415 point and rise above the downtrend line (3). You should also check if you can rise above the uptrend line (5) and 9544.5 points. If it goes down, you should get support at point 9274. If you don't get support at point 9274, you're likely to fall below point 9080. At this point, the important thing is to get support on the downtrend line (1). ------------------------------------------------ (Binance BTCUSDTPERP 1D chart) ------------------------------------------------ (OKEX BTCUSDTPERP 1D chart) ------------------------------------------------ ** Check support, resistance and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee profit or loss on investment. Description of abbreviations shown in chart R: Resistance point or section, where the counter is needed to preserve revenue S-L: Stop-Loss point or section S: A point or section that can be purchased for profit generation as a support point or section
BITMEX:XBTUSD.P
by readCrypto
4
Bitcoin (BTC) - Can I rise above the minimum of 9481 points?(1h)Hello? Dear Traders, Nice to meet you. "Like" is a great power for me. By "following" you can always get new information quickly. Thank you for always supporting. -------------------------------------- It is falling at the intersection of the uptrend line and the downtrend line after June 18, 09:00 (UTC). We need to make sure we can get support at point 9274. If you get support at point 9274, you must rise above the uptrend line (5), that is, above point 9481. If you drop at 9274, you are likely to touch 5EMA on the 1M chart. Since it is within the maximum fluctuation range (A section ~ B section) mentioned earlier, I think it can rise at any time, and it can fall at any time. (1D chart) -------------------------------------------------- ------------ (OKEX BTCUSDTPERP 1D chart) Located near the uptrend line (1). It should rise quickly and rise above the 9399.8 point. If it doesn't rise, it is likely to fall below the 9148.5 point. -------------------------------------------------- -------------- (Binance BTCUSDTPERP 1D chart) It is falling on the uptrend line (3). We need to make sure we can quickly rise above the uptrend line (3). If it doesn't rise, it is likely to drop below 9204. ------------------------------------------------ ** Check support, resistance and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee profit or loss on investment. Description of abbreviations shown in chart R: A resistance point or section where a countermeasure is needed to preserve revenue. S-L: Stop-Loss point or section S: A point or section where purchase is possible to generate profits as a support point or section
BITMEX:XBTUSD.P
by readCrypto
CME Bitcoin (BTC) - June 19Hello? Dear Traders, Nice to meet you. "Like" is a great power for me. By "following" you can always get new information quickly. Thank you for always supporting. -------------------------------------- Today's gap is 9410~9385. We need to see if we can rise above the uptrend lines (2), (3). Also, it is necessary to check if it is falling to fill the previous gap section, 9325~9425. The upside and downside are shown on the chart. ------------------------------------------------ ** Check support, resistance and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee profit or loss on investment. Description of abbreviations shown in chart R: A resistance point or section where a countermeasure is needed to preserve revenue. S-L: Stop-Loss point or section S: A point or section where purchase is possible to generate profits as a support point or section GAP is the difference in price that occurred when a CME exchange is closed because it is not a 24-hour transaction. G1: closing price when closed G2: market price when opening
CME:BTC1!
by readCrypto
Bitcoin (BTC) - Can I rise above the minimum of 9481 points???Hello? Dear Traders, Nice to meet you. "Like" is a great power for me. By "following" you can always get new information quickly. Thank you for always supporting. -------------------------------------- After June 18th, we need to check whether we can rise above the 9481 point, the uptrend line (5), and the downtrend line (3). In particular, it is important to deviate from the downtrend line (3). All of this is meaningful only when it is done in the high volume profile section (9415~9728.5). The movement is slower than the price movement, but you also need to make sure that the 50EMA and 60SMA cross. If the price goes sideways, it looks like it's likely to cross in a few days. I think starting the ascent before crossing and rising above the 9728.5 point is the best trend for now. If you fail to do so, you may touch the 8870~9004 area or less. (1h chart) You must check the movement after the date and time indicated on the chart. ------------------------------------------------ ** Check support, resistance and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee profit or loss on investment. Description of abbreviations shown in chart R: A resistance point or section where a countermeasure is needed to preserve revenue. S-L: Stop-Loss point or section S: A point or section that can be purchased for profit generation as a support point or section
BITMEX:XBTUSD.P
by readCrypto
CME Bitcoin (BTC)-June 18Hello? Dear Traders, Nice to meet you. "Like" is a great power for me. By "following" you can always get new information quickly. Thank you for always supporting. -------------------------------------- Today's gap is 9325~9525. We need to make sure that we can rise above 9470 to get support. You should also check if you can rise above the uptrend lines (2) and (3). If you touch the uptrend lines (2), (3), or rise above and receive support at point 9720, you'll expect a good flow. All of this needs to be done within section A to section B, and since the trend is expected to shift, it is necessary to trade to preserve profit and loss. ------------------------------------------------ ** Check support, resistance and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee profit or loss on investment. Description of abbreviations shown in chart R: A resistance point or section where a countermeasure is needed to preserve revenue. S-L: Stop-Loss point or section S: A point or section that can be purchased for profit generation as a support point or section GAP is the difference in price that occurred when a CME exchange is closed because it is not a 24-hour transaction. G1: closing price when closed G2: market price when opening
CME:BTC1!
by readCrypto
Bitcoin - Seizing a BreakoutThe healthy retrace in Crypto markets clearly over. Crypto buyers leaping forward, this time rather than with that distinctive youthful arrogance and energetic flow we have a far more gentle and modest approach. To avoid any room for misunderstanding, we absolutely must dig deeper into the importance of flanking . In this position, note how sellers would be loading to their positions in disaster territory while smart money notices that they get caught out of position in rough terrain: Once buyers stepped in (we are with smart money flanking price out from the lows), this leaves total control over the channel in play. Our opponents (in this case sellers) should never have given us the chance to seize the momentum, thus with a decisive breakout over the Christmas Holidays I began " Marching Troops to the Border " ... The theory of our opposition is totally caught off balance with just a simple technical break; previous sellers fighting for role as leader of the channel flows by using offers into resistance areas are forced into covering. Notice how the advance has taken place from a position where sellers have not been able to mount strong barriers. The bear is condemned to die for the common good. Well done all those riding the pig, a very clean and straight forward swing so far. The entries are going to start becoming more complex as we advance into no-mans land. Another example of the break would be as follows in LTC: Secondly (EOS): We shall wrap this up on the demonstrated accumulation and breakout strategy. Good luck all those in Longs across the main Cryptos. Thanks as usual for keeping the support coming with likes, comments and etc.
BITMEX:XBTUSD.PLong
by ridethepig
1
ridethepig | BTC Destroying The DefenceA quick update here to dissect the possible motives behind the exchange and cast some light over the possible technical targets in the sequence. In order to dig deeper into the pursuit of position exchange, we shall in what follows highlight the occupation of zones for strategical importance and the apparent desire to exchange sides will fall into our lap like a ripe fruit. The simplest example would be as in the following diagram - The Waiting Game: Bears wish to occupy the zone, in order to deliver a breakdown on the lows; but as they tried the move from an overextended and crowded position, buyers had time to prevent them doing so. The correct move in the lows was always to get long, leaving sellers no time to protect against the squeeze, because he will have to overcome the psychological feeling of retreat and recapture. In the latest chart indicated via " Marching Troops Towards The Border " you will see the exchange: We also now destroy the sellers because we recognise the importance of geopolitical risk entering back into the room. In the simplest case it is a technical defence of material value; every defender can be seen handsomely rewarded. From the Bakkt lows, we have come to recognise various resistance above preventing the momentum; these following levels will aid to an impulsive leg and trigger a breakout etc: 7500 => 8400 => 13600 . It is worth striving to destroy these levels in any case, but the concept of "risk" via US-Iran goes much further. You can also defend a hedge against governments (e.g People vs Establishment narrative) or defend yourself against risk-off flows on the approach. See attached Gold and JPY ideas for "Protection" the plays as follows: Gold: JPY: Because of the current themes, the macro protects and secures a wide stretch of the flows and territory. Your urge to destroy the resistance above in BTC should extend with Geo-political risk, in the narrower or broader sense. Eyes on the momentum breakout coming in 2020. Good luck all those buying dips in BTC.
BITMEX:XBTUSD.PLong
by ridethepig
2
ridethepig | BTC Market Commentary 2020.01.10It is important now for us to take a retrospective view here on the lows that we have been discussing. After the early stages in the swing, as you shall soon see, my dear reader, it is frequently very difficult to chase breakouts as they force into action. In our sense, you can see our opponents (bears in this case) are fleeing, so we should inflict double the sizings. After the moves: Bulls are fully aware of the dynamic in the structure and where weakness becomes complex (below 6213). So the play was to let bears hang themselves as much as possible on the $7,000 handle or at worst a test inside $6,000. Look at the sharp spike back out, we traded it live here, it was smart money pinging the price; it fits with the circumstances brought about by the long-term wave configuration. Good luck all those tracking the breakout and as usual thanks for keeping the support coming with likes and comments. Jump into the comments with your charts and we can open the conversation for all.
BITMEX:XBTUSD.PLong
by ridethepig
ridethepig | BTC Market Commentary 2019.12.20BTC volumes are impressive and longs starting to follow through notably more aggressive ahead of CME. Even if the Global reflation theme materialises next year, as many are outguessing, while this artificial USD devaluation would help support growth in the short-term, the erosion of confidence in the establishment and monetary system will have significant consequences. When markets realise the Fed has been funding the Whitehouse BTC will effectively become a hedge against governments. Look to buy on dips towards 7100, while a break of 7500 would trigger momentum and further encourage the view. Overall, I see the case for meaningful BTC strength in 2020, but especially if considered versus USD, rather than EUR or GBP - maintaining longs will require patience and tolerance. Thanks all for keeping the support coming with likes, comments, questions, charts and etc. As usual jump into the comments with your ideas and views to open the discussion for all!
BITMEX:XBTUSD.PLong
by ridethepig
7
bitcoin analysisWe are about 50~60% level compare to recent high 14k dollar level. It mean if we are uptrend, it must hold this level to continue up trend. However, this doesn't seems like before because we need much stronger bounce or come back. This chart must scary chart for many people because it looks same as 6k to 3k chart last winter. Yes, we might fall like 5.5~6.5k area but I think this time it could be fake pattern. Just wait for a big candle with volumes and join the party, it won't be that late to get on the rocket once it reaches 10k level
BITFINEX:BTCUSDLong
by DecryptoINC
XBTUSD, BTCUSD, BTCKRWBTC thinks it is highly likely to form a box segment to break out of the downtrend line. The box segment is expected to provide the force needed to ascend. If we roughly judge the period by the position of the downtrend line, it will be around October 14th to around October 27th. BTC is likely to reorient between these periods and is expected to rise. I think we should pay more attention to Altcoin's movement than to see how much BTC will go up or down. H: $ 8931 (MP: $ 8757) L: $ 7740 (100MA of weekly chart) M: $ 8335 H: $ 8800 L: $ 8215
BITSTAMP:BTCUSD
by readCrypto