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BTCUSD3M

BTC Trading Signal: Target 40000 BTC currently has a relatively clear trend line. If it does not fall below during the backtesting process, you can refer to this trend line for long trading. The resistance is 29800-30200, and the target can be set near the resistance. If it falls below, short positions will have a better chance to make a profit. The support is 28600-28200. Of course, you can go long near the support. As long as the support is valid, the probability of profit is also very high. The long-term goal is still at 40,000! Finally, I want to tell everyone that no matter how many years you have been trading, no matter whether your trading is losing or earning, if you follow me, you will definitely gain more!
Long
by EagleEyeStrategy
2
$57,000 in the Crosshairs📌 ridethepig | $57,000 in the Crosshairs Satoshi's vision is coming true... Trump impeachment noise going on in the background providing the ebb and flow while the reality beneath the political waves is that the more you clamp down on freedoms, the more the masses realise. There is a significant coming to consciousness occurring, the rate at which shoes are dropping for everywhere for people is remarkable. Tokyo are opening soon, and buyers are flirting to take the $50,000 crown with the leaps and bounds in mathematics. Tech is like.... meh... what underpins the tech is the math and that's what interests me... what we go with has to be decentralised, we need the innovations of Satoshi to take down barriers in a game of adverse incentives. Stay long, if we breach below the recent pivot level we can reassess. Thanks as usual for keeping the feedback coming 👍 or 👎
COINBASE:BTCUSDLong
by ridethepig
10
Note that the QUARTERLY bitcoin contract on Okex increased its p The year 2020 is coming to an end, and I wish you all the best luck and prosperity in the New Year. Okex quarterly contracts today suddenly out more than $1 a, this is the recent position high, also namely later in February 2020, the peak position, we all know that each time a contract position close to the peak, is also the biggest long-short differences, then must face plate, so now we have to be very cautious about the market. Although this year is the last trading day of 2020 and many people are going into holiday mode, Let me warn you not to be careless. Such a large position could not have been the work of retail investors. At the same time, there's a lot of pressure for a multi-cycle technical divergence here. So hold a position of friends, please keep enough attention. Note: The sub-graph may not be accurate because I can't find the position indicator of OKEx on TV, so it is for reference only
B
by peter-l
ridethepig | BTC Market Commentary 2020.01.10It is important now for us to take a retrospective view here on the lows that we have been discussing. After the early stages in the swing, as you shall soon see, my dear reader, it is frequently very difficult to chase breakouts as they force into action. In our sense, you can see our opponents (bears in this case) are fleeing, so we should inflict double the sizings. After the moves: Bulls are fully aware of the dynamic in the structure and where weakness becomes complex (below 6213). So the play was to let bears hang themselves as much as possible on the $7,000 handle or at worst a test inside $6,000. Look at the sharp spike back out, we traded it live here, it was smart money pinging the price; it fits with the circumstances brought about by the long-term wave configuration. Good luck all those tracking the breakout and as usual thanks for keeping the support coming with likes and comments. Jump into the comments with your charts and we can open the conversation for all.
BITMEX:BTCUSD.PLong
by ridethepig
BTC - Marching Troops To The Border...Large hands coming underneath and pushing price straight back out of the lows as widely expected because of how cheap BTC is. This is a gift in this business, you can see BTC finding strong support at the lows in 7000 handle. Those following will know I have been (and continue) to aggressively buy the 7000/7100 lows, as soon as we crack 7500 expect accelerated profit taking from shorts to accelerate through the level. I will also be happy to engage further on a momentum break. The process of " Marching Troops To The Border " makes sense with the market clearly in holiday mode. I will be covering in detail the technicals behind this strategy in the next @ridethepig lessons. So far it is paying out fairly good, a lot of these are one-clickers but I do not worry about this as drawdowns are always very minimal. You see how the entries are always in sync with the lows, they are satisfying my logical desire... wash, rinse and repeat. Overall, I see the case for meaningful BTC strength in 2020, but especially if considered versus USD, rather than EUR or GBP - maintaining longs will require patience and tolerance. Difficult to trade, for sure, but I still feel the bigger BTC risk lies to the topside. Good luck all those buying dips in BTC.
BITMEX:BTCUSD.PLong
by ridethepig
1
It is very difficult to predict the future trendWhen we analyze the market, we usually give a prediction for the future, but the closer the time point is, the easier it is to make such a judgment, and the farther the cycle is, the larger the error will be. Therefore, most of the time, I don't like to predict the future, because I think the stability of trading on the right side is better, so most of the time I make a judgment based on the technical tips, but most people watch TV, rather than instant communication, so it is difficult to achieve synchronization. That means taking risks to predict the future and giving hints. But I want to make it clear, just for reference, that even going out of a similar pattern in the future doesn't mean it's going to be a stable analysis. Everybody trades or should use more specific index to allow. At present, we see the quarterly contract of bitcoin ok, after reaching $5,000, it walks out of a high volatility trend, and then continuously makes new highs, but this situation does not mean that we must be long, but will have the opposite situation. So I gave a prediction of the future. Strategy: hold spot and wait for an opportunity to short
BShort
by peter-l
Bitcoin crashed - When and where is the bottom?In my previous idea based on 1 day chart, I've told a case that BTC might down to nearly 3000 USD. In this idea I will explain fully how it is possible. This TA based on weekly chart - The first, look at fibo channel uptrend we can see the price has fully upward movement. When it passed Fib channel 2.0, it was began move to bubble zone. - After fully upward movement, it must be correction. We have 2 step for correction. Step 1: Correction for bubble zone. The price was down from ATH to previous bottom, it's 6000 USD level. This step was took on 2 swing: 1-2, 3-4 on the Elliot waves model. Step 2: Correction for normally up-down zone. It works on 4-5 swing on Elliot waves model. The began of this movement is bottom on March 26, 2017 at 887.59 USD and top off this moving without bubble zone is 11800 USD. Make a Fibo Retracement, we might see fib 0.236 is around 3500 USD. That is confirmed by bottom of the candle on, 21/08, 11/9, 21/09, 25/09 (2017). Now look at the downtrend line 2, we can see it hit support zone at this level price of 3600 USD on around April 30, 2018 . So, what to do now? Please note that you can consult this TA but you have to make he investigate carefully. Do follow my TA also have risk, I'm not always right. But if you decide to use my TA, I recommend to put a pending order at 3700-3900 USD and wait to my update. Thanks and sorry for my bad English.
BITSTAMP:BTCUSDLong
by vh6889
Wolfe-Wave $17.2kHi All! Wolfe Wave on Bitcoin materialising! A naturally occurring pattern topping the rankings of success rate. Accompanied by another high success rate pattern, inverse Head & Shoulders which eyes the same target. Right into double-top with SCMR dynamic level $17k . BEST OPPORTUNITY to print money is now:):), ) Bearish patterns have continuously been formed on our steady climb up. The response from the market however, has decreased as we proceeded towards the inverse H&S neckline and a massive trend-line from a month ago ($11.7k level). As an example; today, the bears formed a text-book Rising Wedge and broke out downwards, yet they manage to pull off only a $300 drop. Happy bear, happy Bull and sad pig :( Entry: $11150 Take-Profit: $17200 Stop-loss... No. FA: Bitcoin regaining dominance, from 30% it is now 42% and targeting 60%+ till the end of March '18. Please, check out my previous analysis: Senate Testimony which covers the positive US stand on Crypto. All exchanges are actively supporting Bitcoin & Segwit since last week. This is a HUGE shift from the Asian superheroes Star Xu, Ver et al. who wanted to cause as much damage and were flooding the mempool. Now they filled their bags and friends again, I guess. Numerous Huge Investment Institutions have entered Crypto during the February dip. Bears have run out of time. The breakout is Imminent. Their sacrifice will be remembered eternally. Bulls Lambo / Ferrari? In the comments. Happy trading! ;)
BITFINEX:BTCUSDLong
by MarcelV
32
Bitcoin dropped strongly, now testing another major supportBuy above 15467. Stop loss at 13901. Take profit at 17945. Reason for the trading strategy (technically): Price has dropped strongly and is now testing major support at 15467 (38.2% long term Fibonacci retracement, 61.8% short term Fibonacci retracement, horizontal overlap support) and we expect an intermediate correction from here to push price up to at least 17945 resistance (Fibonacci retracement, horizontal overlap resistance). Stochastic (34,5,3) is seeing major support above 20% where we expect a bounce from. Reason for the trading strategy (fundamentally): We’re seeing Bitcoin drop with investors getting concerned over their network stability and are starting to look towards Bitcoin Cash and Litecoin. Despite this, Bitcoin continues to see strong bullish fundamentals which are in line with the bounce we’re expecting on it today. The latest being Standpoint research forecasting it will trade for $400,000 because of the huge imbalance in supply and demand – 21 million Bitcoin can ever exist in an ever growing number of people who want to get their hands on it.
BITSTAMP:BTCUSDLong
by MEX_Exchange
Bitcoin bouncing nicely, remain bullishBuy above 17541. Stop loss at 16450. Take profit at 20300. Reason for the trading strategy (technically): Price has reversed perfectly as expected dropping to our support area and bouncing as expected. We remain bullish above major support area at 17541 (Multiple Fibonacci retracement, horizontal pullback support, support area) for a further push up to at least 20300 (Multiple Fibonacci extension). First resistance is at 19637 (swing high resistance) to watch out for too. Stochastic (34,5,3) is bouncing nicely off our 20% support and has good upside potential. Reason for the trading strategy (fundamentally): Bitcoin continues to see strong bullish fundamentals which are in line with the bounce we’re expecting on it today. The latest being Standpoint research forecasting it will trade for $400,000 because of the huge imbalance in supply and demand – 21 million Bitcoin can ever exist in an ever growing number of people who want to get their hands on it.
BITSTAMP:BTCUSDLong
by MEX_Exchange
4
BTCUSD look to buy on dips for a push upBuy above 17541. Stop loss at 16450. Take profit at 20300. Reason for the trading strategy (technically): Bitcoin has risen further and is starting to see an intermediate reversal. We expect a drop towards the 17000-18000 area as we look to buy above 17541 (Multiple Fibonacci retracement, horizontal pullback support, support area) for a bounce and a push up to at least 20300 (Multiple Fibonacci extension). First resistance is at 19637 (swing high resistance) to watch out for too. Stochastic (34,5,3) is seeing major support above 20% where we can expect a bounce from. Reason for the trading strategy (fundamentally): Bitcoin continues its strong rise and the latest fundamentals surrounding it is Saxo Bank’s forecast that it will continue to rise during most of 2018 with a target of even $60,000 before a potential collapse. However, the news that the potential of Bitcoin is at $60,000 will drive more speculators to look for good entry prices on this. Hence for today and the coming days, we’ll maintain a bullish bias and look for buying entries at dips.
BITSTAMP:BTCUSDLong
by MEX_Exchange
1
BTCUSD look to buy on weaknessBuy above 11887. Stop loss at 10446. Take profit at 15221. Reason for the trading strategy (technically): Bitcoin’s price has continued to rise strongly and it also continues to obey strong technical as seen in our various Fibonacci retracements and projections. The recent swing low that occurred at 12720 was purely a 50% Fibonacci retracement and 100% + 161.8% Fibonacci extension. We are bullish on this and the key question is where to find a good entry level. We look to buy above 11887 support (61.8% Fibonacci retracement, horizontal pullback support) with first key level of support seen at 12116 (100% Fibonacci extension). Our profit target would be at 15221 (Fibonacci retracement, horizontal swing high resistance). Stochastic (34,5,3) main support is at 21% and we should expect it to drop towards that level which corresponds to our buy entry. Reason for the trading strategy (fundamentally): While it’s important to find out what is driving the mega climb on Bitcoin, it’s likely that this run is very much fuelled by speculation over value as one of the key points is the stark contrast we’re seeing versus the other major cryptocurrencies. While Bitcoin has been rallying, Ethereum, Ripples and Litecoin were all ranging and some even dropping despite being much better and suited for day-to-day transactions – which is what the whole concept of Bitcoin and Cryptocurrencies are meant to achieve. Hence this shows that the appetite we’re seeing right now is not so much for cryptocurrencies and how they would radically redefine the financial system. Based on this, we can expect further volatility and price to obey much more key technical levels as that is the main area the markets would be looking at especially with a lack of key fundamentals.
BITSTAMP:BTCUSDLong
by MEX_Exchange
Get ready to buy the dip... If there is any...Bitcoin has held 9k in the end. It struggled but it did. The following analysis is about what happens if we break below 9k. If we don't break below 9k and we break 10.3k, we are going above 12k. I still believe Bitcoin isn't in a Bubble. It is a unique asset that is here to change everything. 160B dollars isn't that much. Below I have posted a chart from the OKex futures. If the channel holds and it doesn't break, we are going up. If you are long have your stop loss below 9k. If we don't break 10k again fast, this could be sign we are going down. November monthly's R3 is at 8000, which will be support when revisited. Some projections indicate the Monthly P will be somewhere around 8500. Weekly Pivot S1-S2 lie between 7800 and 8200. S3 is at 7200. If it breaks then we are totally oversold and anything below 7200 is cheap coins. My moving averages on the 4H chart show that 9000 was great support and when broken, next support is somewhere between 8k and 7k depending on which exchange you are looking at. The Daily moving averages indicate that support is around 7000-7250 Fibonancci retracement from the 5500 to the 11500 move, also indicates that 50% and 61.8% levels around 7800 and 8500. Bitcoin also doesn't like to move down more than 30-40%. So that's how it would look like if it fell more. Also Bitcoin likes to have 3-4 days of downside and then back up even harder. Something like a harmonic 3 drives pattern and a completion of a 9-13 4H TD or even the completion of a 1D of the 9TD with a 1-4 day pull back. In terms of actual support and resistance, we have support clusters at the following levels 7000-7200 and 7800-8500. I believe 7800-8100 is the best place to buy and 8500 is great for a short term bounce. Below I have some chart to see where supports really lies visually. I have other charts from which I derived these levels, but below you can see the core ones. What is worrying me this time is that both the Monthly and Weekly indicate that this is the top. In November 2013 the weekly was a 9 and the daily was a 9 and 13R... which came right before the bear trend. However, keep in mind that this timing indicator seems to fail more often on higher timeframes. It does very well on the daily, but not on other timeframes. What is worrying me even more is that crazy doji that we had on the 29th and given the fact that 4 years ago, Bitcoin traded in a similar way... After it went 10x in a month... Something that we did in a year... The situation is very different this time though. We went 10x from the ATH in 4 years, and 15x since Nov 2016. We also have a much better infrastructure, stable code, a lot of investment in mining, users, hodlers, merchants, communities (+memes), media coverage, hedge funds getting in, futures, options and many live examples of why we need Bitcoin (banks collapsing, capital controls, hyperinflation, war on cash etc). Also true hodlers, before August 1st, managed to get extra Bitcoins from the Hardforks, somewhere between 20-100% from their Bitcoin holdings due to the Bcash, Bgold and 2x (futures) hardforks which many added to their Bitcoin holdings!
BITSTAMP:BTCUSDLong
by BitcoinMacro
1
Bitcoin - 2 Signals point at $9k & $10k targetsInverse head & shoulder is completing, likely tonight. This will be followed by a rise to $9926 or better within the next few days or possibly overnight after the rally begins. Also, black lines denote the current Bull Flag, showing a target at around $9200. Inverse H&S looks stronger and I believe if we actually break $9000 in a rally, we'll be pushing up to touch on $10,000 per Bitcoin. After hitting the $10,000 target, we may see a retrace to my earlier 61% Fibonacci lines, will give us a potential buy price at around $5700, before we bounce back and push beyond $10,000 with a target of $13,000 by Jan-20th. See my earlier 61% Fib lines here:
BITFINEX:BTCUSDLong
by Tin.Foil
BTCUSD / First and Last Test Run.Strange Huh. Me posting an idea on BTC. Let me be clear with one thing this is first - the only - and last chart I am posting on BTC for Testing Purposes. I just like to research things, and test different stuff! As well I will not trade this myself and I never will trade Cryptos. Gold is the only real money and has been for 5k+ years, and when the real Fear comes to the world this is definitely not a chart that will be UP in most green, that one will be Gold. That is just my subjective opinion. As for anything that I trade, I looked for Frequency base level. For Gold, it is not a secret it is - 28. I have mentioned a lot of things in my - Dynamic hint - idea about it. Turns out it was not hard to find it for BTC. So I gave that Base number to my great friends over at Xino Corp Software we spent 3 weeks on the development and made a quick BTC frequency trading tool with good old High,Low,Close inputs. prnt.sc As of now, I don't even consider making better design or improving this piece of calculator because this is just a test run, so I can see should I really invest more effort in it. For example, For Gold, I have made stable and serious tools during years. One example Intraday trading tool / prnt.sc So to start off with BTC I just want to see how the FRQ trading works, because that is the simplest thing to start/test for everything out there. Those following me on Gold know that I produce target's based on Breakouts, intraday breakouts and big breakouts. Big Breakout mostly ends up with a turnaround and is not a false breakout but a Target that will be reached later. So based on Frequency trading what we have two roots giving a target of 2067$ In theory, a quadratic function such as f(x)=x^2 which only touches the x-axis at one point, that root is said to have a multiplicity of two. This is more obvious when you write the function as f(x)= (x)(x). Either x can be replaced by zero to make this function work, so technically there are still two roots. Any time the graph of a function curves toward the x -axis, touches it, and then moves away without crossing over the axis, this situation occurs. For example, a 4th-degree function where the graph touched the x-axis at x=2, bounced off and then curved back and touched again at x=4, and then veered off again, you would have four roots: X=2 with multiplicity 2, and x=4 with multiplicity 2. Basically "touches" are double roots. So one touch at 3524$ then the second one at 3533$ gives a target of 2067$ because that is considered to be a breakout. So next, In terms of the fundamental theorem, equal (repeating) roots are counted individually, even when you graph them they appear to be a single root. You have to consider the factors: x^3(ax^2 + bx + c) If x^3 = 0, this is the same thing as x * x * x = 0, or x = 0, x = 0, x = 0. Even though they are equal and repeating, they are still 3 factors of x in the original polynomial. That being said there should be a continuation. Target 2067$ is given and I will be keen to see can BTC achieve it.
BITSTAMP:BTCUSDShort
by TheZabisyu
9