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BTCUSD-TRADE

BTC short term movesAs I predicted the reversal of Bitcoin in my last TA perfectly on point I want to go a bit in a shorter timeframe I that one. BTC got rejected at the 9.2k range (which I mentioned was a critical resistance point) and is now moving a long in the middle of the upward channel - I can see BTC going back to 8700$ and test test support there (Fib line, Upward channel and previous support) - IF we break that we can again expect lower lows and the reversal wa maybe only a dead cat bounce. I still see more momentum to the upside and see BTC bounce off (or not even get to) the 8700$ range. Good luck!
BITFINEX:BTCUSD
by Greecetom
2
Bitcoin: BTCUSD Next Key Trade Points for Sunday TradesBitcoin Trade Points for Sunday Trades Update: Bitfinex Feed 12:27gmt/07:27est Bitcoin is really trying to break the downtrend here - a bear engulfing green ...can buy or add once it's broken through to upside if we see it. It's tracking a narrow corridor/band of uncertainty right now, trying to figure out he next move - cannot be trusted for sure as a result but it looks to be trying for the upside now, at least. Use a stop and try to run it up if possible if this break does actually materialise from here - it may not be possible except in head, but watch for a failed break - this time last week in 10 minutes'time we got an amazing burst upwards if you remember... It's Bitcoin - anything can happen anytime. That's half the fun, isn't it ? Downside potential still as comments above Sunday 10:32 gmt/05:32est Update Bitcoin Sunday Although Saturday was a slow day again we did at least manage to squeeze 310 points on the first short and then 200 or so on the counter-rally long before getting stopped out. Overnight Bitcoin has fallen to the next downside target at 7547 making a new low for this decline at 7550. If you were up and around for that move too then you've had a very profitable Saturday. Some people still have to work for a living...whilst others play Bitcoin. Those with long memories will know that 7547 was the most likely downside target mentioned back in the mists of time, nearly 2 weeks ago now. But the overall pattern is still bearish nonetheless. If you reversed back long at 7550 you have traded brilliantly and don't need much help or much guidance here any more. But the rally from the downside target has been feeble so far and if long here you'll know already that this is still high risk (but still the right trade as the stop can be very close to entry, just 20 or so under 7550 entry, so low risk but potentially high reward). It can easily come back to the low again at 7550 but it has to hold up here for any failure to do so at any point today by more than 20 points will flip Bitcoin back to negative yet again and force it lower, most likely to the next support line at 7221 and then, once this gives way, back to 5915 on Bitstamp where we will probably look to buy again if price action allows. Returning to the upside Bitcoin is tracking within a small parallel and cannot be bought again from here unless it is broken above - and only then for a spurt back to the bigger dynamic waiting above it at around the 8079 level. As things currently stand this level is the key to the upside for Bitcoin over the more medium term. It has to break and hold above here for the bulls to regain any real control. Once again, even if that looks unlikely right now, we still have to be prepared for any eventuality. It's Bitcoin, after all.
BITFINEX:BTCUSD
by sumastardon
BTC - Decision Time! We have been bouncing off of my midterm Bullish trend line for the past couple weeks now. Couple things I am watching for at this point where we are looking for BTC to make uop its mind about where it wants to go. For Bullish movement I am looking for a couple bullish candle closings positive of the resistance trend line that has been set and not broken for the last couple weeks. We may move down to 10500 area once more before we see what BTC wants to do, however, we are seeing semi-strong support at 11000. Entry point ideally 10600-11200 with a reassessment at 14000 of bullish momentum. I will take partial positions out as I watch this trade progress. For bearish movement I am looking for bearish candle closings below the midterm trend line. I am not looking to trade this as we have been bouncing off of the trend line, we could see price go back the linear regression line or through it so 9000 area or lower. Looking for a possible set up for a trade here if that happens. Let me know your thoughts. Keep an eye on price action this weekend. Looking for movement once way or the other.
COINBASE:BTCUSD
by frenchcottage
ADABTC - ADA Elliot Wave Complete, Ready To Impulse (OVERSOLD)Hi, this is Rafael, from CryptoTwins. This is my view on Cardano (ADA). ADA Chart has just finished an Elliot Waves pattern and may be preparing for another Impulse Wave. Also, RSI is showing Oversold and Stoch RSI perfectly spotted. It's sitting on a support zone begging to bounce at anytime. Buy-Zone: From 4800 up to 5200 Satoshis. Targets: 1st - 6000 Satoshis 2nd - 6800 Satoshis 3rd - 7650 Satoshis 4th - 9100 Satoshis. Stop-Loss: Below 4700 Satoshis. This is a mid-long term view, ALL Targets may hit in the next days. Cardano is a good project to a long term investment on our view. Best Regards, Rafa. t.me - The Best Educated Trading Signals
Long
by cryptogrowing
18