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Is Bitcoin GOING to 100K in one month ?💎BTC/USD🌴FREE UPDATE🌴 - Yello ladies and gentlemen😎🍷 💎After our previous FREE update, #Bitcoin exactly as predicted, started grinding to the upside, to test the pivot at 12200$. 💎$YAM failure pushed BTC down from that area and BTC retraced, to the weekly open (11,000-11100$), which is now acting, as a great support. All the panic sells got absorbed and bought back up. 💎However, a breakdown + daily candle close beneath 11000$ would likely result in an extended correction towards ~10,500$. This would put a lot of fear to the market but it wouldn't change our long term trend, as that would still be considered as a healthy retracement. 💎On the other hand, a daily close above 12k would be very bullish. This would confirm our next leg up, towards 13-14k. In general, ParadiseTeam is still quite bullish on BTC.
BITMEX:BTCUSD.PLong
by MyCryptoParadise
XRPUSD, This Formation Will Validate The Further Outcome!Hello Traders Investors And Community, welcome to this analysis where we are looking at the XRPUSD 4-hour timeframe perspective, the recent events, the current formations forming, what we can expect the next times and how to possibly handle the situation to not fall apart to high volatile movements in the cryptocurrency market. As mentioned in previous analysis XRPUSD build this huge descending S/R-level which was formed by the highs in the previous price-action where it now bounced already stronger than other important cryptocurrencies in the market, the big question is now if this bounce from the long-lasting level is sustainable and XRPUSD will move on to visit higher levels or if it shows up a smaller when not bigger correction before it. When looking at my chart you can see that XRPUSD just builds this huge descending-channel-formation marked with the blue channel where it currently tests the upper boundary and forms a triangular-cluster which is marked in orange together with support in this range. As XRPUSD showed some upmoves since its drop and test of the remaining support, it can build up here and move beyond the channel to confirm higher which will be a bullish signal for more possible upside to come, otherwise when this not happens and XRPUSD increases with bullish weakness again it can also fall below the triangular-cluster and test firstly the middle-line and EMA-structure of the channel formation before either stabilizing or moving on with bearishness. Taking all these factors into consideration and the fact that XRPUSD has still strong levels of resistance the bearish scenario B which you can watch marked in my chart is more possible as the bullish scenario A because XRPUSD is also overbought on the higher timeframes the bearish breakdown is more likely. It is important to take note that this established bearishness is currently only on the short-term but when corona increases again and other factors moving the price to the downside this can also turn out in the middle-to-long-term perspective, therefore it is important to prepare for this scenario as what rises strongly can also fall strong which the market has proved several times in the past already, therefore, we need to trade what we see and not think. In this manner, thank you for watching, support for more market insight and have a good day! The doors of wisdom are never shut. Information provided is only educational and should not be used to take action in the markets
BITSTAMP:XRPUSD
by VincePrince
9
BTC - Almost cleared major resistance - Levels to WatchAs you can see we have just (tentatively mind you) closed above the 38.2% fib retracement of the major cyclical bear market in 2017-2018 on the weekly timeframe and outside the overhead trendline i identified as the first hurdle Bitcoin would need to overcome, this is undeniably bullish for Bitcoin. BUT... We are also smack bang on the 61.8% fib level of the most recent move higher to $14,000 in June 2019, i will be looking for a decisive close above this level on the weekly, before i look for further continued upward pressure. Should Bitcoin clear this area, the logical place to visit is the 78.6% retracement of the June 2019 move, which coincides with the 2017-2018 50% fib retracement, currently around the $11,500 -$12,000 USD mark. A decisive move higher from there would target the full retracement to $14,000 USD, after which it is my belief that FOMO may very well begin to feed into itself and from there prior highs (with pullbacks along the way) are the next target. BUT REMEMBER, we are still looking for a weekly close above the 61.8% fib level to confirm the more macro close above the 38.2%. P.S. I strongly suggest you go back and read my earlier piece "BTC - No Longer in an Uptrend - What Now?" as this was a rather apt description of the impact that the margin calls within the stock market had on crypto, as well as an accurate forecast that due to the severity of the selling, that this was actually BULLISH, back when Bitcoin was testing the 200 weekly moving average (an excellent entry point i'll add). -TradingEdge
BITSTAMP:BTCUSDLong
by Profit_Link
BTC; SHORT TERM TARGETSHello fellow traders! These are my thoughts on potential short term BTC price targets. Looking at 8k short-term (possibly sometime next week) Pretty strong resistance here as it is the .618 fib retracement and as well as where the 100 ma and 200 ma are located. if we can hold support there, looking for another leg up either to next fib level or the top ADX and DI shows bulls are taking control! The trend is your friend until the end. Use proper risk management, good luck, and happy trades!! Tell me your thoughts below!
Long
by KYLEKILLJOY
5
great opportunity for ethereumhello guys, i believe eth could make a massive drop to the downside. it had a very good upswing but is no facing a lot of resistance on the upside of the previous high. Also ethereum likes to test areas again. so on the downside we have a untested area where the whole run began. also the volume is declining If you look for confluence, i believe bitcoin just made a big short squeeze and the gap at 7290 on the CME futures gap wants to be filled, after we probably will go down. Than is ethereum a great short opportunity, because such a run is not sustainable. I think if you ladder some shorts than you can have great returns. Dont forget to like,
Short
by hendrik87
2
XTZ/USDT TEZOS BINANCE:XTZUSDT I know absolutely nothing about this coin so there are no fundamentals based on this trade. Clear nearly risk free trade if support is held from what i see, Potential 38% Double bottomed on the daily marked in golden circles, Bullish engulfing candle on last daily pushing through key support now just waiting for a retest at $1.70 ish, there is nil structure to stop this from gaining momentum to the next resistance. Trade setup is marked will but re-asses trade is trend is broken or market structure flips.
Long
by ryanbest01
2
Bitcoin | Is the volatility over? 7900 or 3850 again?A short Bitcoin analysis of the bigger time frame. Bitcoin had in the last few weeks, a lot of volatility with a move, all the way down to 3850. At the moment of writing Bitcoin is back above 6k (fighting for the 6700 level) and is up 73,18% from the current low. Something i noticed is that nobody is talking anymore about the upcomming Block Reward Cut. This will bring the mining reward back from 12.5 to 6.25 a block. Maybe to keep in mind if you trade..? We are below the 20 Monthly Moving Average (currently at a price of 6991) and for now that will keep the price of bitcoin bearish. Of course we have the death cross at the moment, but since everyone already spamming tradingview with charts of that, so i don't want to talk about that again. In my point of view, the current resistance is at 7147. Once we can close a weekly candle above that price and hold that, i expect that we will get a move to 7800/7900. If we can't hold our current support at 6343, we will have a big change to see the current lows again. A short overview: We are below that 20 Week Moving Average Bitcoin block reward will cut in half in less than 50 days Death cross on the Daily Support at 6343 Resistance at 7147 Thank you for reading and let me know what your
BITSTAMP:BTCUSD
by CryptoUpdateCom
6
Bitcoin quick update 22Feb2020Hey guys welcome for a fresh crypto update -------------------------------------------------------- A request from all of you to please like and follow our Hard work to keep encouraging us, there's no fee for likes and followings :) -------------------------------------------------------- So as you can see that we have completed ABC corrective formation and now started for the next impulse wave, which will probably take us to the 105xx resistance zone, here's some important FIB levels in higher degree charts -------------------------------------------------------- you see prices are currently moving in this channel and most likely wave 3 has started now, a major move above 9700 or the mid line of this channel will confirm for a major breakout and this whole wave will take us to 105xx or previous highs -------------------------------------------------------- That's all... Thanks for reading... -------------------------------------------------------- this is Husain Zabir, signing out Thankyou...
BITSTAMP:BTCUSDLong
by Husain_Arkghazi
7
BTC Testing ResistanceAn update to an earlier analysis on BTC. We are right up against the major resistance now dating back to end of June on the daily chart. Watching for a breakout later today as an entry point for longs. If the resistance test fails then it could quickly turn to a short and there would be potential for a significant price drop within the range of the descending channel. This could be compounded if the price were to drop below key price levels for mining operations.
BITSTAMP:BTCUSD
by bryanmc650
ONTBTCLooking at ONT on the daily We have bullish divergence in W%R Histogram is showing us a bullish divergence OBV is healthy and showing us a bullish divergence Price is trading at the POC (Point Of Control) Price is in location sitting on the .786 level Bulls need to step in on volume and essentially all I need now is a nice "W" in price and im in. So in a nut shell, all indicators are looking bullish on ONTBTC and all I need now is structure in price ("W") and I will trade the break out. Make sure to subscribe and smash that like button for more chart analysis
Long
by Cryptonite_trader
Time to put attention on Stellar (XLMBTC)Hi, Guys! In this new study by Stellar, we looked at the established high channel and increased volume. At the moment, despite the widespread drop in cryptocurrencies, there is a good chance of maximum support at 0.00000780. And we are close to that point. By reading the bullish channel, it is still possible to go a little further down to 0.00000750. If support is confirmed, a new bull race will take place this holiday season, a great profit opportunity to start 2020 well. Thanks! Shaman
Long
by gabaonogueira