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Btcsell

BTCUSD: Analysis using Ichimoku 08/07/2020H4 On D1, the cloud is directing downward, indicating a downtrend. The price also reached a downtrend line on H4. Conclusion: Locally, we recommend selling when the RSI reaches an oversold level on the H4. H1 At H4, the cloud is directing upward, indicating an uptrend. The price also reached a downtrend line on H4. Conclusion: Locally, we recommend selling when the RSI reaches an overbought level on the H1 near level of 9450.
BITFINEX:BTCUSDShort
by QubitLife
Bitcoin: Analysis using Ichimoku 23/06/2020H4 At D1, the Ichimoku cloud is directing upward, indicating an uptrend. Also, on H4, the cloud is directing upward, indicating the movement within the framework of the trend on D1. Conclusion: Most likely, a triangle correction model is being formed on D1. We believe that the price of Bitcoin could rise to $ 10,000. RSI is overbought. We recommend selling from a key Fibonacci level of 38.2% and 23.6%. H1 At H4, the cloud is directing upward, indicating an uptrend. Also, on H1, the cloud is directing upward, indicating the movement within the framework of the trend on H4. Conclusion: Turning to a more significant time period, it is worth considering the sale from the level of $ 10,000. Locally, we recommend buying from the Ichimoku cloud. As a result, the RSI may form a divergence, which will be confirmation for lower of the price on H4. Good luck!
BITFINEX:BTCUSD
by QubitLife
1
⬇️⬆️ Honestly, Still a 50/50 Range For Bitcoin (BTC)💰 LET'S GET INTO SOME LONGTERM BITCOIN ANALYSIS!💰 1️⃣ First off SMASH that LIKE BUTTON & Give us a FOLLOW for DAILY ANALYSIS! ❤❤❤ (Overall Market Sentiment) 🐻 Bearish - We have been trapped under a major key level of resistance at 10k - 10.4k. This resistance level is the main level that will determine what happens next in the bitcoin market. I have labeled it as (King Of All Resistance) at the top of the chart. - Notice in total that we have 7 wicks that have followed with the last 7 weekly market closes! When their is a lot of wick action at a critical level with no solid body close, this can indicate weakness for the bulls to breach to continue an uptrend. - The last 3 weeks including the current one have all had lower bodies form with lower lows. This can be a bearish sign as we see price start to step back down. - We currently are in a price range of 8.72k - 9.76k to develop the next major trend. Once we sustain a solid body of price price movement below or above these key levels, then we should have our idea on the next trend continuation to follow. - Inside of this range we do sit around the 50% mark and are compressing with a DOJI candlestick pattern to indicate a lot of indecision. I do not recommend to play this candle here. Wait for a sold breach confirmation. - Take into consideration that the red brick for our Crossover Strategy now sits above the current DOJI which can also represent bearish signs. - The EMA DOTS indicator on the bottom does have an alignment of all 3 dots firing the same color. We use this to help identify trend reversals in any market. - Remember that all of this is still in motion and will not close till (June 22, 2020) You always want to make sure that the timeframe closes for a more solid trade opportunity. So overall we are just waiting for a breach on key S&R Levels as we sit at the 50% mark in the range consolidation. We are leaning bearish for now. Don't forget to use your tight stoploss on the breakouts and to never marry a bad trade! Cut loss when needed. Stay patient and let the trade come to you! Enjoy your weekend and stay safe! Thanks for checking out our analysis! ✌😁✌ 🥇MLT | MAJOR LEAGUE TRADER
BITTREX:BTCUSD
by UnknownUnicorn2319099
6
BTC (Bitcoin) still range-boundThe most popular cryptocurrency opened trading on Monday, November 4 with a 2.3 percent increase and a green candle to $9,423. It peaked at $9,597 during intraday and successfully broke above the 38.20% Fibonacci level. Bulls, however, were not able to hold their territory and retreated to $9,311 on the next day, Tuesday, November 5. We saw the BTC/USD pair trading as low as $9,174 during the session. On Wednesday, November 6, bitcoin was trading lower around noon but managed to recover in the evening closing with at $9,347. BTC still ranging in the $9,500-$9,000 zone as $9,500 also is covered by the Fibonacci 38.20% Expecting a drop below $9,000 in the coming days mainly due to the relatively low volume - between $22-$28 billion since November 4, still lower compared to the peaks in late October, and low volatility. Bulls seem weak and out of steam.
BITSTAMP:BTCUSDShort
by FutureBlockchain