This is a smaller time frame bullish continuation pattern that seems to be playing out. Look for a touch of $4200+ This recent move is extremely bullish. The macro inverse h/s is surely playing out with a bigger target of ($5500). Keeping things simple. Stay safe.
BTCUSD painting a very clear Inverse H & S pattern, on a fairly large time frame. A bull's dream in the making. All eyes on this, to see if it plays out, we're 75% through forming this right shoulder A target of $5500 in sight if this works out. Keepin' things simple Trade Safe, Happy Holidays!
With all these bear market it seems that bitcoin could be bulish short term. We have clear divergance in the rsi and a channel that seems to be at the bottom. What do ou think about this, do you see something else?
Long Idea look for entry around 3250--3300
BITFINEX:BTCUSDSHORTS
Okay, I will just admit it. Bitcoin was not having much movement today and I was watching the charts and I got sick and tired. So I made a little blue joke to entertain myself. youtu.be
I really think that we could see a last drop to 3k in the next few weeks, finishing 2018 as one of the worst years for Bitcoin ever. But making 2019 a very good start for Bitcoin. After giving the bears blood for almost a whole year it's time to change directions!
"The key to the game is your capital reserves, If you haven't got enough, you can't p*ss in the tall weed with the big dogs." ~ Gordon Gekko
What we are seeing above chart is pure deception, fear and panic sell...This is the time Winners buy. We are ready for another great Bullrun. 20K by mid 2019
I think the consolidation period is finally over, though we might get another retest of the trend line, the general trend looks bullish.
this has started to move now. expecting this to hit resistance soon. if it breaks that i would expect it to move even higher. could this be the start of another 2 month of bull power?? lets wait and see SEE MY PREVIOUS ANALYSIS ALSO SUPPORT THE MOVEMENT WITH YOUR LIKES, COMMENTS AND FOLLOW FOR MORE
THESE ARE TENSE TIMES FOR BTCUSD. PERSEONALLY I THINK THE TIME TO BUY IS NOW. IT ALL SEEMS READY FOR A BULL SPRING. BE IN IT TO WIN IT
Expected: 1st of all i would like to say that i am not trading BTC at the moment. but for those brave enough, here you go i am expecting this to go up and break the resistance line towards the next blue line also Stoch RSI has is recovering from the oversold area so some buys seems to be coming in PLEASE LIKE, COMMENTS AND FOLLOW FOR MORE
important moment Will BTCUSD break down or bounce up i'll be monitoring this closely. a break on either side will give us an impulse to that direction. personally i am not trading this.... yet :) once clearer, might post a smaller time frame happy trading :)
We are entering into an extreme dangerous zone for shorts. Whenever BTCUSDLONGS v SHORTS gets under 1 (more shorts than longs) the chance of a major short squeeze grows rapidly. When the ratio gets to between .6 to .8 the squeeze is virtually imminent, and it is often violent. We are currently at .62, which is effectively the all time low. The reason why this...
About to enter the short squeeze sweet spot zone