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Btcpattern

BTC: ABC Still Valid?Good day to all profit 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! - If we do not break above 58000 a further bearish downtrend can be expected - Possible ABC Correction Wave. -Possible that we can break out into new ATH - Consult the chart for more information. - Note: - This is just my current idea. - I am not a financial advisor! and this is not financial advice - There is always a huge chance of different patterns taking shape in these ever-changing charts. - My views and charts can and most probably will change! - 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!
by dstvst
BTC: Support Is KeyUpdated Fib Fork 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! - It's very important for BTC to maintain support above Key Support A (44900). - Key Support B (42700) will be our last defense before further downtrends could continue. - Consult the chart for more information. - Note: - 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. - My views and charts can and most probably will change! - 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!
by dstvst
What is Bitcoin's Long Term Pattern?This idea is made for educational/long term investing purposes. It tries to prove that #BTCUSD , on the log_10 chart, is following a similar pattern to the to graph produced by the y=Log_e (x) +1 function. The gray lines are the support resistance lines with their angle lines on the side. The purple lines are constructing a potential trading zone. With light blue I have highlighted the the bull markets, with red the bear markets, with orange the consolidation and last with green the time you need to get back to your money assuming that you bought at the pick. Now y=Log_e (x) +1 function rises quickly at the beginning and then it gradually slows down. From this chart it is obvious that btcusd is following this pattern. The bull markets are getting longer in time and lower in ROI. Similar pattern appears to be developing with the bear markets and consolidations. Also from an Elliott Wave theory perspective and in a macro level it looks that we have completed an impulse wave and we are already in the correction. According to that, we should expect an extra long bear market + consolidation period
BITSTAMP:BTCUSD
by WiseTraderIO
3
BTCUSD: A tough battle lies ahead. However, do not be dismayHi All, Hope all your trades are going well, It's All in the Chart. "Be Brave, Be Deterministic, Overcome The Odds, It can be Done." ― Stephen Hawking. Both Time & Change will occur with or without us. Start today by preparing to do what is necessary & by the time you realize it, you're doing what others perceive as impossible, due to their self doubt of their own mental fortitude. And remember procrastination only leads to failure instead of success. Fully understand that 2018 has been bear market And a lot of people over extend themselves in the market. However it's no reason to be dismay nor feeling despaired. Never forget its Mind over Matter. Start by changing how you think, act, react, how you treat others, how you treat yourself & letting others know your intentions. Then you can start responding to different obstacles in a positive manner, instead of reacting to life obstacles. Only then, will life start responding to you (you). You can do it with different variance of your life not just crypto or investing. You are somebody, you do matter, you can make the necessary changes which are needed to change your life for the better, you can accomplish your dreams by setting goals and creating plans which prepares you for all unforeseen obstacles. You are the master of your destiny. Lose your victim mentality, by never blaming others for what is out of your control. “Watch your thoughts; they become words. Watch your words; they become actions. Watch your actions; they become habit. Watch your habits; they become character. Watch your character; it becomes your destiny.” ― Lao Tzu. Focus on what you can control and be repetitive so it becomes second nature to you. Take responsibility for your words, acts, or your actions, and take ownership of your mistakes and apologize. "Strengthen your confidence to be your true self in a world of people who don’t know who you are, where you come from, or what you know. " I firmly believe in you all. For the past couple of days I have read many articles making claims such as the King BTC is Dead and so are the other cryptocurrencies. These articles shared their views and provided reasons as to why these publications believe the industry as a whole is very risky, creates a gamblers mentality, or self identification to the underline assets. And that is perfectly fine because we as investors and traders within the Crypto sphere, should be objective and open minded when reading or listening to counter argument as to why we maybe wrong in our assessments of the overall market. By no means does this give us the right to call their articles or podcast bias, uninformed or FUD. Because I want us all to remember these news publications, economist, central bankers, authors, and so on and so forth currently govern our reality via different publications & media outlets. So it becomes extremely easy for these companies or individuals to investigate our market to understand the market dynamic and or to manipulate it. One thing I would like for all of us in the Crypto sphere to always keep in mind, decentralization fight maybe lost in the short term due to governing bodies, scams and ICO. Remember crypto movement is not a quick get rich scheme, nor a short term adoption process by the masses. When investing never invest any amount you are not okay leaving and forgetting about for 3-5 years or even longer. Also when investing into a newer asset, the risk factor surpass even long term speculative markets such as bonds, mutual funds, housing, stocks, or even fiat. Hence never invest more than you can afford to lose. Never leave yourself susceptible to manipulation. Crypto as a whole as a great deal of work ahead of each project I.e., scaling solutions, custody, Dapps for the masses to utilized, easy on and off ramp without the masses knowing they're using Crypto, governing policies, regulations for ICO & STO. Reason why I remain a firm believer in long term investment in this market. Regardless if I'm wrong or right, because until there are fully functioning Dapps we are just speculating. As someone who works in the IT industry, I understand website and application development are already tough enough. Developers are now trying to Implement Dapp Utilizing cryptographic keys on a peer to peer basis. These task is currently unfeasible for scaling because the larger the node count the more decentralize the network becomes. However, these projects are sacrificing scalability for centralization. Mainly, because the more node count the slower the network becomes which is why most projects are starting to Implement side-chains. Decentralization network does not require every transaction to register on to the blockchain for a successful throughput. This is why it becomes Imperative for the creators of this projects to start focusing on fewer Implementation of the Dapps which are being created. Instead of creating a jack of all trade Dapps. Developers should instead focus on creating two to four utilization for both Dapps and Platforms. White papers are simply fantasies unless implemented and products a build from them. Please remember this is technological revolution which will take time to develop. Only focus on price action if you are trading. Be sure to follow me and like this post if it was helpful, and thank you all. Like the Phoenix we will rise from the ashes Happy trading People....
COINBASE:BTCUSD
by letsgetit