BTCUSD next HIGH, LOW (7 market/avg), NEW YEAR -> NEW DOWNBEFORE HIGHs, LOWs
Top HIGHS range 558 days
Bottom LOWS range 454 days
NEXT HIGH, LOW
NEXT TOP HIGH 23'785.39$ on 2021.01.01
NEXT BOTTOM LOW 12'242.04$ on 2021.06.12
Market: average of 7
CEXIO
BITSTAMP
COINBASE
BITFINEX
GEMINI
BITTREX
FOREXCOM
COMING SOON
I will add analysis with FIBO
next Butterfly
Cexio
Bitcoin shows higher lows in these days (Swing trading)This is just short term analysis to do swing trading in this bear market to make few bucks in cex.io. Just watch trend lines and RSI levels ~30 (buy) and ~70 (Sell)
Wait for the breakouts.All the news articles are saying that crypto market is going down, but the price is not showing that much willingness to go down, most likely it will hit the 10,000 level. Most of the exchanges have high number of short orders, if the price hit the 5800 level the price will brake the strong resistance level and go to the 4000-3500 level and they will have profits, but if the price go above 7000 level they will start covering the positions and it will make the price go up with extra speed. wait for the breakout.
Possible BTCUSD pull up. Bitcoin is currently in a convergence setup with a strong support at level 58500. Note that the market sentiment is not much positive. The green and red grap (the second graph strep) is the bittrex short and long position orders, note that the short ordres have resen in the past days. If a price increase happens, the short orders have to by to cover, this might kik the price a bit higher with a high speed. Whait till price hits the strong support level, since the market sentiment is low their is a possibility that the price might cut through the resistance level without any slowing down. If the price start to climb give it a bit space to go up rather than placing orders on the resistance line.
We are currently making a huge IH&S pattern.If the pattern workers out we will have lots of things to be happy about, at the same time their is a possible double bottom situation, lets hope the required support level is good.
I know that the last time the IH&S did not work as we expected but lets see what will the future holds.
If you think the Idea is likeable a like would be nice.
Som thing is wrong, wales arn't selling.As you can see this dump is lacking the huge volume spikes that can be seen at the privies dumps, it is most likely that small traders are selling to the the big wales, and why the hell would wales do that ?
The answer is that every one knows that this is not the end but the beginning of the second coming.
start making a plan and buy according to that. most likely at this dip i don't think BTC will hit $5000.0, hope it dos.
If you think the Idea is likeable a like would be nice.
Be on your feet. FOMO 10,000.0 might kill you.You can see that we are in a double top condition and the current resistance level has never been good for a bull prediction. Everything has a limit even repetition so be patient and wait for a brake out.
If the flag pattern works out we will have a double bottom and that is a level that we can brake the down trend channel with confidence, and there wouldn't be much of a challenge since to have any upward move wee need to break the channel and it will start the true bull run of 2018-2019. If BTC goes down its not the end.
My gut is saying it is going to go to 10,000.0 and more but the charts are saying "NO WAY".
$ 10,000.0 might not be that esey. Be aware now on BTC to reach 10,000.0 we need to brake the main down trend line. Before going long aiming $10,000.0, wait for a brake out. This point will decide the price behavior in the coming days or weeks.
BTCUSD CEX.IO Head and ShouldersHello, people!
We can witness a formation of a head and shoulders pattern. Since we are still insider descending channel I would expect the price to drop to $8,100 (CEX.IO). My previous post explains why we can still touch $6,000. We tried hard these days to break through this channel but failed on every occasion. RSI and MACD both show on smaller time frames that we should go down. Might be a good opportunity for short with a stop loss at previous highest point.
Hope this amateur analysis can help you see the opportunity.
BTCUSD, CEX longJust my observation as a new trader carefully observing the trends. THis is my first published analysis so any help or tips is appreciated. Bearsh downtrend still in effect. Already hit FIB retracement near 38% of $21,283 Dec 18 high to $10,800 low November 30 . MACD and RSI confirms. 1 hour chart 50 day below 200 day and nearly below on 2 hour chart. I expect a new low soon. Wait for break of bear trend to buy. or if you like risky trades and quick profit some buy in's on the swings if you observe the 15 minutes candles. Cex.io is always higher on all currencies than any other exchange, good for selling. Not so good for moving crypto since your buying higher .
BTCUSD cex.ioFutures.
In easy speak. Its a legal way for big money to put up buy and sell walls as they please because they hold all the stock. |
Thanks.
BTCUSD cexAnd there we go ladies and gentle men. Let the sell off begin. If it trends it might go as low as 8200 and if it bounces were heading for 13K..
Personally I am hoping for a bounce but im kind of expecting a sell off trend to start. as Chrismas gets closer. lets see.
BTCUSD CexioListening to the news. It;s quite hard to believe that there is a correction in the charts. and with the ATH being broken every day. We are reaching a buying friendzy, If there is en-masse on boarding daily. We may not see a correction soon.
But looking at the history. It's the nature of the coin. High highs. and Low. Really damn lows.
ETHUSD Cex.ioThis is not advice, Right now I'm just practising.
But perhaps.
We might see below 200 very briefly. Blink your eyes and you miss it.
Perhaps.
ETHUSD -CEXioIm Applying some strategies that I am learning, Im not making any forecasts just yet. these are practice. Lets see hoe they progress.
Inverted head and shouldersH&S formed, volume is up, ETH is back in the bullish channel. Next target is near ATH (485eur). Beware cryptos are unpredictable.
ETH ready to ride top of the channel or break downSlight correction in the next few days. We will see if 300 support level is strong enough.