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Btctether

Bitcoin/Tether (19 May) #BTC $BTC #USDT $USDTYesterday, BTC spent a lot of time going sideways and trying not to fall off the support around 7200$. And finally, it was really successful and our plan to buy cheap BTC at 6400-6500$ went with winds Todady's price increase is something that few people think of. And this is a sign that BTC will continue to move sideways for 2 days to find the next direction BC is forming H&S formation and high probability will be completed soon. Price targets were written on the drawing In my opinion, the high possibility of BTC will continue to increase after completing this formation Stoploss if price falls off the support line below the right shoulder
by CryptoStation
1
Bitcoin Cheshire price growthGreetings from Benice team! Bitcoin's price increase impresses with its ability to appear and disappear at the most unpredictable moment, leaving only a smile or disappointment behind. Currently, the market has turned green, and this is good news. The current situation is as follows: The SEC postponed the decision on the ETF's fate for an indefinite period, which caused a wave of positivity. The market often sets up negative scenarios in advance and plays them out in the opposite direction to the news. So, we see now that the wind of hope has reached the market, and it can be a predecessor of a serious correction from the general 2018 trend. Technically, we'll be able to talk about the reversal of the general trend only after the Bitcoin price settles above 7500. The price of 7200 may be the goal of the current impulse move. This level is a cross-target of several patterns. The 200-period moving average and the 22-period upper Bollinger line are situated at this level. At the same time, the 50-day moving average has already been crossed. The boundary of the descending channel also passes through this level, and a break thereto is very probable, especially since it does not contradict the global descending movement, and even, on the contrary, it will complete the picture pegging the boundary of the channel. Let's hope for the best, but we need to be prepared for the worst. This scenario assumes a breakdown from the boundary of the descending channel and a further dip to the main support levels. These are 5800, 5380 and, if it comes to the worst, 4800. Those who are in a long position, are recommended to place stop losses based on 4-hour chart low. We regularly update recommendations on this tool under the review. Subscribe and follow updates of the idea.
BITFINEX:BTCUSDLong
by benice_trader
A long-term trading opportunity to buy in BTCUSDT. Wait to hunt!Technical analysis: BITCOIN/TETHER is in a Range bound and Beginning of up trend is expected. The price is above the 21-Day WEMA which acts as a dynamic support. The RSI is at 59. Trading suggestion: There is possibility of temporary retracement to suggested support zone (7875 to 6048), if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (7875) Ending of entry zone (6048) Entry signal: Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Hammer" or "Trough" , in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons: (We have started to prepare these lessons in TradingView. If you want us to continue, give us feedbacks!) Take Profits: TP1= @ 9053 TP2= @ 11149 TP3= @ 12688 TP4= @ 17160 TP5= @ 19850 TP6= Free
Long
by ForecastCity
4