Btcxbt
XBT Adam Eve Pattern !! 16,000$ mark confirmed?Adam Eve pattern is often seen at the market bottom, here the classical formation of this pattern shows the market is quite bullish
Moreover, 3days golden cross played out which shows a strong uptrend, however, on the weekly side market has not touche the 21 day EMA which makes the possibility for the downside along with the gap remaining in CME futures.
Now it's going to be weekend time so do expect long spikes, with strong fundamentals news, in coming days if it breaks the 12,000 $ mark we will son see 16000$.
Many Vip members open short here but due to stop-loss about 10,200$ we have seen market touched 10,400 within minutes.
Hope this pattern plays out well.
NOTE- DYOR before investment, this chart is for educational purpose only.
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Possible Bearish Bat Harmonic 5800 3750 8000 (TEST)Top is 5850, above 5850 will deny this harmonic.
Add Shorts 5400 to 5800, Target 3750.
BITCOINBitcoin repeating same patterns along whole summer and now at autumn, we moving in triangle (White) and direction of breakout will show us the way.
RSI and StochRSI are in overbought zones.
BTC - BitmexHi guys!
Im back here..
i wanna update BTC
i'm only trading in BITMEX.com (www.bitmex.com) i found it usefull because we can Puts Shorts or Longs, depending our estimation...
from last week i made an idea of BTC.. btc changed and doesnt know the way where is going..
I find easy to say it has to go down much more.. but how much? when? now?.. do you think first it has to go up?
Well.. i will prefer to tell you the things with the newspaper of tomorrow, but is not like that.. and it is no easy to estimate the way where BTC will go nexts days..
My only recomendation is: If it goes down any time, or if it goes up, it has to consolidate.. so, take advantage of that with leverage in Bitmex..
Im open in Short on bitmex, because i think it has to go down but not with much Leverage, only with x2,5
Hope you enjoyed it.
Facundo - ARGENTINA
BTC learning Fib extensions and Fib levelsBTC analysis of the retracements and current position of BTC and what levels we should look for. Goodluck
BTCUSDBitcoin is in a full bull mode since the resistance at 4550 (Bitfinex) has been broken. It has currently 51% cryptospace domaninace! TD setup favors the current rally. RSI and several other indicators are still not overbought on the daily chart. Several scenarios are possible shown as (blue, dark gray and light gray).
BTW almost all alts are bleeding, LTC and BCH according to my prediction are tanking. I must admin I was too positive towards security focused coins like XMR and ZEC which are rather a long term bet.
It seems that most of us are dumping altcoins for the ongoing BTC rally, which seems to reasonable since in the alternative scenario (BTC crash) alts will crash too.
Everyone knows that the coming fork is a joke (BCH was a failure). The coming forks will not be taken as serious as the BTC/BCH fork was.
Bitcoin Hold$1,000 level holding strong, watching for a reversal back to the highs. Patience is key, holding with a core wallet & trading on kraken.
$1000 support levelWatching for a reversal on the 4hr since its now looking oversold, as always set your stops and take profits to ensure your risk is managed.
