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Btcusdprice

Bitcoin trading planBitcoin corrected from the highs by about 15%, you and I have been tracking all this movement, with constant monitoring of trades, and we managed to make good profit on it. At the moment the price is consolidating in a narrow range with the upper boundary where sales appear at 27600, and buy back the price at the lower boundary around 26500-26700, from this zone there are possible exits up and down. Trading inside this range will not bring any profit, and one has to wait for the exit of the price from this range, till this time buying or selling will be just a guessing attempt. Therefore, I will monitor the breakout or false-breakout and the appearance of volume for the entry set-up and try to make updates of this idea. Of the important events that may influence the price is the release of US macrostatistics data - Tuesday 23.05 - PMI, 25.05 - GDP data. Support the author subscribe ✅ and start rocket 🚀. Good luck and profits to all.
by Kirill_Gaitan
Bitcoin Bottom SoonFrom the start, I thought 27k was unlikely to be a real bottom. And with real bottom I mean the bottom that would kickstart a new uptrend that would take Bitcoin back to 30k. So knowing that Bitcoin takes roughly 65 days to complete a daily cycle, the bottom of April 23 was not the real bottom. However, I believe that the next one is near. I expect it will happen around mid of May. Now at what prices can we expect that bottom? I think the worst case would be 25k. Because we're so close to the new bottom, timing the market at this point seems unwise. Especially if you do not have any Bitcoin yet.
BITSTAMP:BTCUSD
by FetchTeam
BTC to see a slight uptrend(4Hr)! | Bollinger Band squeezes Market in last 24hrs -BTCUSD saw a sideways movement -Price volatility was relatively low. The market moved ~2.17%, between $11.85\\94k and $11.69k Today’s Trend analysis -BTCUSD expected to see a slight uptrend as Bollinger band squeezes and price trading above the midline band -Price at time of publishing: $11,887 -BTC’s market cap: $218 Billion -Oscillator indicators are mostly neutral. RSI at 56 -Moving average indicators are biased towards an uptrend. Ichimoku Cloud is neutral -Volume indicators observed were very low somewhat around the same value Price expected to see a slight uptrend as Bollinger band squeezes and price trading above the midline band. Most of the Oscillator indicators are neutral. MACD crossed below the signal line with histogram increasing in size in a negative direction. RSI at 56, above the midline still in the neutral region. CCI at 60, in the neutral region. Another interesting point to notice here is that the volume has been very low in recent candles. ---------------------------------------------------------------------------------------- The analysis is based on signals from 28 technical indicators, out of which 17 are moving averages and the remaining 11 are oscillators. These indicator values are calculated using 1 D candles. DM to get details of the above analysis and list of indicator & their values used to arrive at the above conclusion. Note: Above analysis would hold true if we do not encounter sudden jump in trade volume . ---------------------------------------------------------------------------------------- If you find the analysis useful, please like and share our ideas with the community! - Mudrex
COINBASE:BTCUSDLong
by Mudrex
8
BTCUSD expected to see an uptrend! | Bollinger Band squeezes Market in last 24hrs -BTCUSD moved sideways below the midline Bollinger Band -Price volatility was high. The market moved ~4%, between $11.44k and $11k Today’s Trend analysis -BTCUSD expected to see an uptrend as after squeezing of Bollinger Band it is followed by expansion and breakout -Price at time of publishing: $11,404 -BTC’s market cap: $210 Billion -Oscillator indicators are mostly neutral. RSI at 56 -Moving average indicators are biased towards an uptrend. Ichimoku Cloud is neutral -Volume indicators observed a constant volume in the recent candles. Price expected to see a sideways movement as price got rejected from midline Bollinger Band. Most of the Oscillator indicators are neutral. MACD histogram is negative, size decreasing in the negative region about to cross up zero indicating an uptrend. RSI at 56, above the midline with an upmove indicating an uptrend. CCI at 151, in the overbought region increasing upwards. Another interesting point to notice here is that from last few candles Bollinger Band has started to squeeze. ---------------------------------------------------------------------------------------- The analysis is based on signals from 28 technical indicators, out of which 17 are moving averages and remaining 11 are oscillators. These indicator values are calculated using 4 hr candles. DM to get details of the above analysis and list of indicator & their values used to arrive at the above conclusion. Note: Above analysis would hold true if we do not encounter sudden jump in trade volume . ---------------------------------------------------------------------------------------- If you find the analysis useful, please like and share our ideas with the community! - Mudrex
BITSTAMP:BTCUSDLong
by Mudrex
3
BTCUSD at Level 5 of Livermore Accumulation Cylinder: Send it!"When price and volume move alike - up up or down down - the market is bound to post higher price levels... The rationale for this is obvious: an INCREMENT in price should rarefy the buying power... But it does not: hence higher prices. a DECLINE in price, on the other side, should stimulate the SELLING PRESSURE... But it does not: hence higher prices." -- Jesse Livermore See Livermore's Speculative Chart: i1.wp.com
BITSTAMP:BTCUSDLong
by corn_trader
BTCUSD: 2019 Repeating 2018 Bump and Run Bottom?BTCUSD: 2019 Repeating 2018 Bump and Run Bottom? - Bump and Run is the #1 most bullish chart pattern Per Bulkowski (thepatternsite.com) - To identify a Bump and Run, look for a frying pan base with a downward sloping line with a rapid drop then leveling out with a rotated turn. - "The bump height, as measured from the trend line to the lowest low, should be at least twice the lead-in height. Strict adherence to this rule is not required, but it serves as a good general guideline." - Lead In Height = 13500-9800 = 3700 - Bump Height = 12641-9175 = 3466 - This is our current situation, so it could lead to a throwback (maximum throwback level designated on the chart). This could form a second bump before breaking out to the measured target of top level of the lead in at ~13.8k and likely new all time highs after that.
BITSTAMP:BTCUSDLong
by corn_trader
BITCOIN - Breakout Confirmation Areas!As said previously in my analysis, the BTC price has drifted between the $3,950-$4,000 level more than 8 days with some small exceptions. The price has printed a nice consolidation area around the $4k (yellowish box) but it starts to show some weaknesses inside of this box. First of all, it is below the major counter trendline and if the 4H candle gets a close below of it then this would be the first bigger bearish sign but as you noticed then this is not the full confirmation because the price is still inside the yellowish area. The second, the third and the final bearish confirmations come as 2in1 and it comes after the 4H candle (4H candle close confirms more securely than the lower time frames candles) gets a close below the $3,940. Let's start from the beginning - after the close below $3,940 we get three breakout confirmations: 1. Break below the trendline/counter trendline: Currently, this black trendline has held the price multiple times and if it gets cracked then those counter trendline breaks have usually worked pretty nicely as short-term trend indicators. The overall and the bigger trend is still downwards (we have some signs that this could be over but not yet) and if this up-trendline gets cracked then the market starts to follow that bigger trend for a while - it depends how strong this trend is. Recently, BTC has made pretty nice movements and I could assume that this correction can't be so deep but we have to take step-by-step after the break. 2. Breakout from the consolidation ar ea: Usually, after the downtrend or after the uptrend price takes a pause which is called as a consolidation or a ranging market. Bulls and the bears fighting each other, no one can't win any bigger battles and that's why this area occurs. Now, if the price makes a breakout from either direction, currently downwards, then it will show that bears have won a battle around the area and they continue trying to push the price downwards. 3. Breakout from the bearish chart pattern called Head and Shoulder: H&S is a bearish chart pattern and it occurs at the end of the uptrend. The pattern gets valid after the candle close below the neckline. Currently, this neckline matching exactly with this consolidation box lower line and that's why I said that we get 2in1 confirmation after the candle close below $3,940 (and if it occurs right away, then we get even 3in1, because of the trendline break is also involved with this candle). On the 4H chart, EMA's 8 and 21 have made a death cross which will be a confirmation after You have seen a breakout. So, almost everything starts to line up to make a throwback (movement down) after the breakouts. The short-term targets are those blue areas below the breakout area. The price movements on the consolidation area are usually pretty unpredictable and that's why I would like to give you a bullish scenario/confirmation area. First bullish confirmation comes after the 4H(!) candle close above the $4k. So as H&S has a neckline, so other patterns have necklines as well. There starts to form a bullish chart pattern called Double Bottom: ...not a perfect one but it is readable, and it becomes valid after the neckline break which is exactly the round number $4,000. Here is also the 2in1 situation, firstly we get a breakout confirmation which triggers the bullish chart pattern and secondly we get a break above the round number. You have to watch also what the altcoins do, currently, they are all on the minus 'side' and if they start to climb above the daily zero points and BTC makes a breakout upwards above the $4k level then it would be another confirmation from altcoins - the whole market gets pumped! SUMMARY: Consolidation area is a risky and unexpectable trading area so, that's why is necessary to wait for a breakout which will guide the price into the short-term direction. Bearish scenario: A 4H candle close below $3,940 triggers 3 bearish criteria, plus we have EMA death cross. Bullish scenario: A 4H candle close above the $4,000 triggers the Double bottom chart pattern. Do not forget to support my idea post by hitting the "LIKE" button! Thank You! Have a nice day, Cheers! *This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
COINBASE:BTCUSD
by VaidoVeek
25
Bitcoin 7.1k soon!Bitcoin has recently tested 6.8 and bounced back to where it started the wave from, the pump was created by Bitmex being down and many of us are calling it an exchange manipulation and the dump was due to ETF rejection by the SEC. But we all was know that there are technical factors which indicate all this moves, and if you look at my chart from 14/08 you can see that there was a reversal pattern and Bitcoin has already confirmed this reversal, so the bounce from 5.8k area to 6.5k was the first wave and we had our retracement after that so we started the next wave which tested the 6.9k area but due to exchange and news manipulation we got dumped back to the start of the wave and now we are looking for move up again and if this wave was to be cut down to smaller waves, wave 1 was testing the 6.9k and then wave 2 which can retrace full of wave 1 already took place which took us back to 6.2-6.3k, and now the third wave should take place which should be the biggest impulse so I see this impulse taking us all the way up to 7-7.1k. We can see bullish signals not only in the pattern BTC has made but also in the indicators which are EWO, STOCH and MACD. EWO we can see the red waves coming to and end and the big green wave we had after the retracement indicate start of a new cycle upwards and the red waves we had were just the retracement or wave 2, and the next green waves are expected to be larger so wave 3 is coming and is coming hard! MACD bullish divergence is shown on the chart since the end of the retracement! 4h,1h STOCH moving from oversold area up which is another bullish signal ! Good Luck, Traders! #moon #mooncommunity
BITFINEX:BTCUSDLong
by farhadjafarov7
#Bitcoin #Btcusd When to go long or stop shorts ?When to go long? Three choices on my 2 hour chart. They are all points which had great significance in my thinking to go short. Williams Fractals (50% $7,367.6 H =$8,120.2), (50% $7,037.3 H=$7,509.7), (50% $6,991.5 H=$7,189.0). I cancel all my thoughts about shorts with a stop $7,189.0. Review going long. Can always short again later. Those 3 points on the 2 hour chart would also apply to the 4 hour. Bollinger Bands also narrowed on 2 hour chart to indicate that a touch of the bands either way would signal direction of market (sometimes can be false and you need a strategy to deal with). It's already done that once on the 2 hour chart indicating a possible break higher. If it did that again or broke beyond the previous touch could use that as a closer stop. The 4 hour chart also has bands close enough that if price touched would indicate where price was heading next.
BITFINEX:BTCUSD
by Felix000
1
More Big Picture Williams Fractals Mashed Into Daily BarsInteresting observation. I created two yellow bands for the two William Fractals mentioned in previous postings using the high and low and what's interesting for those who like counting is that price closes in and out of the bands between 4 to 9 days. I'd say the odds of Bitcoin dropping out the box are increasing by the day. I've marked with two big fingers one interesting pattern where price failed to hold on to the 50% mark inside the bands. Blue up and down arrows relate to where on the 2 hour chart price touched upper or lower Bollinger Bands (see previous postings). Fib extensions relate to high low of Williams Fractals within the bars circled but on the 2 hour chart (see previous postings).
BITFINEX:BTCUSDShort
by Felix000