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Btcusdbullish

BTCUSD is consolidation over?From our previous analysis and its updates it was clearly seen that BTC went out of the triangle and now is preparing for the next wave of growth. After it was pumped above Fib 0.786 level the price started to consolidate and now it has bounced back from the mentioned Fibonacci level which is now strong support. Nevertheless, uncertainty about BTC price movement is going to end only in the beginning of April. Till this moment there are still 2 scenarios: 1. Price continues its bounce and moves higher to the next level around $10 800 2. Volume goes down and bounce stops, the price follows Stoch RSI forecast and moves back to the triangle and decreases till its lower edge around $6 400 Conclusion: BTC will obviously grow up and reach new ATH in the long term, however in the short term the price may retest 6k level before it starts a new wave of growth
BITFINEX:BTCUSD
by Skyrexio
BTC not out of the woods yet...Parallel lines are powerful. See them here. Trendlines on indicators marked at the points of the two strongest uptrends. Current strength is in the Bollinger Band mid line turning higher and may be powerful enough to punch through the price and indicator resistance trendlines, must do both to confirm a breakout. Another positive is that we are entering a traditionally strong time of year for upward momentum. In my opinion, get positioned in BTC long and other valid cryptos that have traditionally followed BTC price moves. Be sure the valid cryptos are still tracking BTC movements percentage closely without too much lag on the up moves unless you are confident that they are a contender in this race in the long term like EOS. EOS will take over the crypto space... a lot going on there.
COINBASE:BTCUSDLong
by SteveJ
BTC/USD 1st leg to NEW YEARS LONG TARGET INITIATED!!Hi Seildev here Today we’re looking at BTC/USD pair. Right now it’s at 15825 and we can see some key elements: - Breakout of downward wedge - Respected horizontal zone 13075 has been respected (full body stays above discounting the wick) - Full body candle close above 50 and 100 day EMA - 1 Hour chart current bull flag forming for another leg up - RSI divergence bullish If we see full body candle close above 15288 then we are heading for another bullish leg taking us to our initial target 1 of 19617 and target 2 of 23019. As always, trade with a plan and safe trading. If you enjoyed this chart/analysis, please send me a PM and I’ll be glad to help you further.
BITSTAMP:BTCUSD
by seildev