Bullishbtc
Russia Fears Can Create Buying OpportunityI would say the double top at 45k is extremely bearish. BTC will attempt to make a higher low around the 42k "Bart" pattern but I think it will tank right through due to some geopolitical fear. All markets are impacted by the threat of war but that's just it: a threat. The threat will continue to drive prices down until the 30-35k floor is once again tested. BTC holds this level? Super bullish. BTC breaks this level? Retest of 19k range is the next major support.
BTC/USDIn case the bulls can close the weekly bar above 38.4k, there would be a decent chance to see 42k again this weeks. I'm looking at the current major support as a good entry point this period for BTC , only to resume the bullish move after that. In a period of days BTC is currently +11.92% increase in value without any correction in between. and this is very healthy for the trend 🚀.
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BTC/USD 1st Week of May Markup As BTC continues to surge upwards with little to none retracements. We see that in the past week it has gone down a quite bit but in the same day went up to $57K.
With hitting multiple major support zones and resistance levels. And having the 100 EMA flawlessly being underneath a bullish Haromi candle. Is this the indication of another new ATH?
Let me know what you think...
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Bullish Pennant BTCUSD 9/23/19Looks like the BTCUSD is in a pennant just ready for a break out. It has found support and hasn’t closed below the lower trendline of the pennant. The market has retested recent lows and there has been price rejection lower than 9600. A breakout upward looks imminent although it could still take another week until there is a confluence of the upper and lower trendlines .
This also looks like it may be the formation of a right shoulder of a bullish head and shoulders pattern.
Next steps in confirmation of the move would be that the market continues to make higher lows and eventually close above the upper trendline.
BTCUSD 9/8/19 Bullish Head and ShouldersI am still bullish on the BTCUSD. On the daily chart is is holding support closing above the 21 EMA. It may dip down below the 21 EMA and rebound. Looks like it may be working on creating a bullish head and shoulders pattern. I expect volume to pick up and take out the weekly pivot around 11600.
BTC On TrackHello everybody.
I published a chart here on 11th April when BTC was $5000 and I predicted good days and they all are happening. I predicted all with our own trading methods.
Now I am updating my chart. After about 189 days, BTC is getting back on track to its real bullish channel.I am expecting that it plays the role of a resistance and BTC may experience a retrace here.But there is nothing to worry about. As you can see that the Volume Candle is out of the Kumo Volume, it shows that soon or late, the price will get out of the kumo price and that means the price of BTC is at least $11000. Then you see that I have one pitchfork from A. If the price reaches to 0.38 Fibonacci level, then I will be sure that C is acting as a good major pivot. The first principle of pitchfork says, the price tends to touch the median line so if it happens, then A $20,000 BTC is no far away.So ladies and gentlemen fasten your seat belts.
By the way I am Bijan from Atlas team, we are the developers of Atlas volume candle Ichimoko and Atlas Volume Kumo breaker indicators in the world. If you have any questions, do not hesitate to contact us here or our telegram which is @atlasted.
God bless us
Another shortish ideaUpdated idea! The trend line that was acting as resistance has been broken and is now acting as support. We will see if it holds, I have a tight stop in this trade. Not willing to risk much, but I am starting to feel pretty bullish. Things in the crypto space were pretty dismal for the last few weeks. I think we are just about over this bear market. I believe we will be entering into a slow and steady accumulation phase soon. Time will tell. Thanks for the support everyone! Remember to plan your trade, and trade your plan!