Pump Bitcoin and Start AltCoin Season! Bitcoin go up.The rapid fall of bitcoin is over. Today is the first day and the beginning of the altcoin season, which usually lasts about 3 months.
Bitcoin Dominance Current situation (Monthly Chart) 2019
Monthly chart (Bitcoin Dominance) = Jan 2016 - March 2016
Good time for buy altcoins ;)
volumes also grow in altcoins and purchases in bitcoin
Btctusd
Bitcoin (BTC/USDT) Global Plan for Bitcoin Next Target is $7500Previous target was completed: $11800.00
Next target $7500.00 (Global Plan Bitcoin)
1) Bitcoin CME Futures
We have one Gap from $8500 - $9000
in 95% of cases, the market usually covers such gaps with the shadow of a candle or the body of a candle.
2) FOMO right now is GREED
Bitfinex Longs and Shorts:
Longs = 76.15%
Shorts = 23.85%
when you see such a picture the market usually goes against the majority!
3) Fear & Greed Index - 64 right now
Last month = 84 (Extreme Greed)
4) China Hang Seng Index (Chart Like Bitcoin ) = ;)
OMG BTC when will it stop?Thanks for viewing,
I recently heard a quote about gold along the lines of; if you are concerned by dips in price of gold, you don't really understand gold.
I take that to mean; if the dips in the price of a rare and limited commodity with strong and lasting demand are able to panic you into selling - then you don't really understand the benefit of owning it in the first place. That is the way I feel about gold, silver, and now BTC as well. Throughout this year and last year the number of wallets accumulating BTC has increased to record numbers. A lot of people are willing to weather the short-term volatility in order to ensure they hold the amount of gold / silver / BTC they are comfortable holding.
That said, I think the price declines for BTC are showing signs of easing and potentially reversing.
My wave count is one among many - but I will keep this brief. Lots of pretty colours, lines, and boxes was my way of mapping one scenario; If that scenario is correct price will not go below the lower limits of the box. That box is equal to the length of what I argue is a complete wave 3 (of wave (C)) that failed to extend to the 1:1 extension of what is labelled as wave 1. If this is correct, this doesn't invalidate EW but only indicates that wave 5 will be the shortest wave. If this is the case, then we are at or almost at the limits of the price dip.
The MACD histogram is trending up, there are also signs of a MACD MA cross-over immanent. There is bullish divergence on the RSI. If my count is correct there was only a slight and very brief incursion of wave 4 peak into the wave 1 territory - small enough that I can easily live with it. Other counts would show a much larger, longer-lasting - and hard to justify price cross-over.
My feeling is that we may be at or near to a good point to "buy the dip" (often heard but difficult to pull the trigger on in practice) of a medium-term or long-term hold or swing position. That is what I am looking for.
Good luck everyone
Bitcoin small up trend (For Couple days) maybe target is $11800Bitcoin small up trend (For Couple days) maybe target is $11800
Correction zone 0.618 Fibo: $10130.00
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If you are trading Bitcoin, my recommendation:
Buy Limit = $10150.00 — $10200.00
Target zone = $11800.00 — $12000.00
Stop Loss / Stop Scenario = $9040.00
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After that i see next moving down and use Global Plan $7000-$7500.
Global Plan (Bitcoin):
What awaits us about Bitcoin?
- The first stage is $8500.00 — $9000.00 (correction is expected to $ 10,000)
- The second stage of testing marks $ 7000.00 — $7500.00 (global U-turn)
- The third stage (50 on 50) overcoming of marks in $6000.00 (panic) (Testing and closing the gap in the GBTC stock market)
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What about Altcoins:
Good time for BUY :)
Short-term = around +15% — +28% (Couple days)
Long-term = around 200% — 300%
Bitcoin small pump :) for today to $10500 (July 18, 2019)Bitcoin small pump :) for today to $10500 (July 18, 2019)
Exchange: Binance
Time frame: 1 hour
Pattern: Bull flag
Pattern: 1, 2 impulses (same size)
Pattern: Fibo, 0.618 correction.
Target zone: $10400.00 - $10500.00
Yesterday Altcoins began to recover. domination index falls.
Bitcoin (for coming days - Scenario) Target 11300-11500 and ....Bitcoin (for coming days - Scenario) Target 11300-11500 and ....
From Limit orders (Binance) All information i'm provided in Public Telegram Channel and Closed Group
Target is: $11300 - $11500
Next target for down: $9800-$9500
Strong Support:
- $9800.00 (wall) - In Progress
- $9500.00 (wall) - In Progress
BTC Road to 20k - V4: Trend reversal on the daily?
The red trendline is a key level, if we drop below 11k, most likely will see lower lows for the next few weeks.
Most recent doji showing indecision, could lead into a reversal or more down trend. Watch the 1,2,3,4 hr charts for hints for the next daily.
If the next daily candle printed is green, put on your moonboots - 13k and beyond.
This is not investment advice. Counter trading me is a good strategy :D
Bitcoin — will the collapse continue? From $12000 to $9000Why?
Bitcoin — will the collapse continue? From $12000 to $9000
1) Bitcoin CME Futures
We have one Gap from $8500 - $9000
in 95% of cases, the market usually covers such gaps with the shadow of a candle or the body of a candle.
2) FOMO right now is maximum and EXTREME GREED
Bitfinex Longs and Shorts:
Longs = 82.70%
Shorts = 17.30%
when you see such a picture the market usually goes against the majority!
3) Fear & Greed Index - 62 right now
Yesterday = 83 (Extreme Greed)
4) Launch Binance Margin 2.0 (x3 Leverage)
People buy or buyed right now Bitcoin and after that can close marginal long positions.
5) China Hang Seng Index (Chart Like Bitcoin) ;)
I do not recommend using marginal positions !!! The best solution is to wait for the fall of Bitcoin or buy altcoins!!!
Bitcoin from $12000.00 fall to $9000 and $7500?Why i see fall price for Bitcoin?
1) Bitcoin Futures CME:
We have last one gap on the price $8500-$9000
2) Longs/Shorts - Bitfinex
Longs = 68%
Shorts = 32%
3) FOMO
+ Crypto Fear & Greed Index have status EXTREME GREED = 76
4) Bitfinex, Binance
You noticed that as soon as the start of marginal positions on Bitcoin bitcoin occurred with 14k it flew down. In the coming days, start up marginal positions on finance. And it seems that all the people who buy them will be liquidated and the exchanges will earn again, then the news and discussions will begin that we are going to 3k again.
5) China Index Hang Seng (Same chart Bitcoin)
Index outperformed to rise to 0.618 and did the same bitcoin and then fell. The index fell 30 days to a value of 0.236 fibo. If you look at all sides, then this scenario starts to coincide with me and I will wait for the target points and make purchases in two places.
0.236 for Bitcoin is $7100.00
My targets:
1) $9000 = 50% Buy Limit Order
2) $7000-$7500 = 50% Buy Limit Order
Bitcoin a small correction to remove Margin buyers May 31, 2019Bitcoin a small correction to remove Margin buyers (May 31, 2019)
A quick rollback and purchase low major player doesn't want to derail the price. Here rather is the removal of marginal positions of buyers.
- Before that, we had a market overheated purchases of about 70%.
- Now after helicopter 58% of buyers on BitMex.
- In General, it was possible to make a correction and eliminate buyers for a major player.
- We have an upward triangle and according to the rules we have to climb up in percentage terms with the breakdown and consolidation.
When will a major correction is only to guess. I still believe that after this growth, we need a correction of 30% and in the area of $6000.00
This area is around $9500.00-$9600.00
Bitcoin setting up shooting star candle on the weeklyCiao Traders,
I would keep an eye on the weekly chart of BTC, it looks like a shooting star candle is forming on the weekly.
What is a shooting star candle?
The shooting star candlestick is a chart formation consisting of a candlestick with a small real body, and a large upper shadow. This pattern represents a potential reversal in an uptrend especially when followed by red candle. It is also one of the four reversal candle types in candle theory: morning, evening, doji, and shooting.
So this is not a short signal as yet but it may become in the near future, lets wait for the week close and next week candle, a pull back to moving average support can be on the way.
BTCUSDT Update and Profit TakingBTCUSDT has hit it's first target of $5600. We take partial profits here in anticipation of a retrace to the bottom of the channel $5200 and to the strong support at $4800. Make sure you have free capital for a retracement! If BTC continues to move up the next obvious resistance is 6000-6100. Set targets for your remaining BTC at this point.
Our ETH Signal is still active from $155. It typically lags behind BTC. Set sell targets at $182 / $196.
Alt coins always suffer as BTC dominance increases. We will monitor for good buying opportunities on across BTC pairs.
Better Days Ahead- BTC trading within an ascending triangle
-Using 13 EMA as support
- Have been trading and holding above 55 EMA
- Current resistance is the top of the triangle and the .236 retracement mark. (4200 area)
- If we break and hold next target should be .389 retracement mark
-NOT Financial Advice
TUSD is going down, so what bitcoin does?On this chart you can see the mirror quotes of BTC and TUSD ( BTC - yellow thick line, TUSD - blue thin line).
On the smaller time-frames - there is a clearly visible rising wedge on TUSD, which tells us about an upward movement for bitcoin near time.
Various oscillators shows the same way, on the other hand - MACD on BTC shows strong bullish convergense.
So while everyone panic , we're buying ..
I hope you enjoy this chart.
BTCUSD OVERBOUGHT once again :D
BTCUSD at 3D timeframe don t look very well because stochastic RSI it s overbought which is a huge sell signal. At the moment BTC can sitting at 3662$ which is MA support at 3D but if will close below 3662$ after a retracement we will going down hard.
Macd show us a buy signal but i will not entry in this trade till stochastic RSI will cool off a little
BTC bounce endingI am sounding like a bear lately... this move is ending, that one is ending blah blah.
Red box was my prediction for the end of the 5 waves up since the 15th. It was done near the end of the move and my orders filled near the top of it. Ok that's a win.
I didn't expect BTC to then only retrace between the 0.236 and 0.382 fib levels. I saw a bounce coming and bought ETH below $100 today for a quick 6-7% (so far). Because I have become accustomed to multiple zig-zag deep corrections in 2018 I didn't buy in as much as I should and only used 30% of the amount I used on the recent week-long bull move by BTC. Anyway, I'll take it. Actually after a year of more losses than wins in crypto I appreciate ANY gains... that aren't negative gains.
So what's my point? I'm taking profit because this may be an expanded flat but also based on my (highly speculative post recently) that the 15th to 19th of Dec gains were actually just wave 1 of a larger correction to retrace a much larger proportion of recent declines. So, wave 2 normally retraces deeply (0.5 to 0.786 levels are normal) and I don't buy it that we are ready to go again after such a small sell-off. Still, it might be the Christmas rush - so anything can happen.
Very interested to see where this goes. My money is on bull-trap (for the short-term) before a larger rally.
Protect those funds and thanks for viewing.
BTC ending impulse move and short entryThank for viewing,
Just a quick one to note that the present impulse move seems to be drawing to a close. The red box represents the area where I will be exiting - I don't imagine much will be left on the table.
I didn't go long on BTC but went long on ADA, ETH, and XRP a few days ago, and managed to nab most of this move (so far). But, when big daddy BTC corrects, so will everything else.
Don't call me a bear, bears don't go long. This isn't FUD. After exiting, I will be looking for a new entry point as I believe the impulse move (from $3200 to present) may only be the first move of a strong wave C correction that will retrace a significant portion of the price drop since mid November. While this bounce is good to see, I would expect bigger bounce is called for as the shorts get liquidated. I am not shorting BTC - except in a paper trade on Think or Swim (the re box will be my short order laddering zone).
Preserve those funds and enjoy.