Get started

Crytpocurrency

Bitcoin lead to EthereumHello, in this analysis, Ethereum show a bearish signal, we have the same situation of what Bitcoin do. I see a bearish BAT, also, more interesting to make it. Ethereum is into this descedent triangle in formation It's seem a possible reversal of the trend and then, we could see an Ethereum on the $338 USD in short-term. So, I put another short position in this cryptocurrency. I'm in short in Ethereum and Bitcoin, because we could see a drop, more important is to watch about more Bitcoin price action
COINBASE:ETHUSDShort
by harisonhbn9718
Updates: Bitcoin show a momentum change of sentiment: Bullish!!!Hello, in this updated we see that Bitcoin show a support at the levels of $11,100 above, that mena that boughters are here defend the zone to make a Bitcoin continue in this trend. Also, as updated in my technical analsyis, I identify a formation of ascendent triangle in H4 timeframe, that in the pass was a bearish rising wedge, now a bullish channel, also, there will be a possible formation of bullish divergence so positively and double top, that is a bullish signal to buy and then, closed up shorts position to put long order above of $11,300 USD, I put my buy order limit at $11,320 USD. As we are in this little descendent channel, the expectative is so bullish of then Also, there are a good signal in the Hourly timeframe, that is H4 and H1 timeframe show us a bullish divergence so perfectly!!! Well, in conclusion I believe that Bitcoin want to make a up of $12,000 USD, and then, we need to look out if Bitcoin could to pass above of $!2,000 USD, that is a indication of bull signals. I zoom out, buf if you want, you can to zoom up to see so nearly in your eyes, I put it to watch so better for you!!! So, the short position I will closed up manually!!!
COINBASE:BTCUSDLong
by harisonhbn9718
4
Bitcoin: Tripple Top: Bearish Movement!!!Hello, the latest analysis was cancelled to take other confirmations, for now, we see that bears want to sell Bitcoin, guys, that is another point to take noticed it, tripple top it's mean a change of trend, in tat case is for micro-trend. So, we see a tripple top in H1 timeframe with a possible entry in short in the $!1,870 USD, its confirmed. So, beware to put longs position in Bitcoin The trend could be influence in Daily that we are overbought and bears want to sell Bitcoin at below of $!2,000 USD as key resistance in weekly
COINBASE:BTCUSDShort
by harisonhbn9718
2
DXY Falling out of Broadening Structure (Bullish for Crypto)From the period of 2017 to 2018 you could see a large drop in DXY (which occur ed the same time as the crypto bull run of 2017). This caused the crypto market to increase in market cap by hundreds of percent. We are once again in one of those situations today (see the obvious broadening structure that DXY has recently fallen out of. It is my believe that as long as the dollar continues on a downward trajectory this should serve as a bullish indication for dollar denominated assets. Watch for a bounce towards the end of the year 2020 (we should get a significant bounce in the dollar at some point; which would cause money to leave the crypto market in that scenario. THIS IS NOT FINANCIAL ADVISE, ASSUME YOUR OWN RISK; Y'ALL ARE ADULTS.
TVC:DXYShort
by DuubDigital
4
ETHBTC Still Testing Top Of Significant Channel Trading is a game of risk management.... and lots of patience. The low time-frames are compelling because we have the instant gratification (or despair) of seeing our positions win or lose. Higher time-frames visible change much more slowly. Days ago we alerted you to ETHBTC reaching near the top of a trading channel (as shown in pink). The picture still looks the same. The price structure does not suggest a decision in the market yet. Up or down. Fast or slow. So we wait... patiently, observing, checking different indicators, considering scenarios.. and yes, checking lower time-frames for clues of momentum. The scenario remains... a drop of 14% from current price ratio down to the significant horizontal (shown white) to re-load Ethereum for a continued bull run against Bitcoin in the coming weeks. Why are Ethereum and Bitcoin significant, even when altcoins show higher price volatility? Because the rest of the market is very much influenced by the big Gorilla's in the room. If only there was a platform to help navigation the volatility with proven fully backtested signals? :) Note: SparksterSignals (including our technical analysis and our algorithmic backtested signals) are not provided as financial advice.
by Sparkster
1
Ethereum at historical significant levelHi Traders.. Ethereum seem to be breaking out of a historical significant level that sparked the last parabolic move to the upside and was also significant when the level broke on bear market and ether lost 79%. At the break of this level we could see Ethereum leading a bull market. The breakout seems to have happened already but to confirm anything I'd wait until this week's weekly candle close above the level and search for good trading opportunities. What do you think? Comment, LIKE and Follow.
BITFINEX:ETHUSD
by TradingWithTheTrend
DASH / BTC - an expected breakthrough but to where?I've been monitoring Dash the past weeks and I see a huge potential, especially as it seems a bit left off from the rest of the alt rally that we have been witnessing. The diagram shows a very weird progression since the last impulse and I've been pondering where the fuck to place the abc correction so there are 2 possibilities in the short term: 1. Either we have set the C wave and we should expect an upwards impulse or 2. We are in the C wave now and after it finishes above the start of A wave, we would have a down impulse to set the bigger C wave from where we should shoot up. So either way, I had entered previously at about 75k btc and will ride to the circled zone from where we should scrutinize the price action and determine whether we continue up or go down to complete C wave. External factors: BTC/ SPX correlation seems to have cooled off and BTC is a big boy again doing its own thing but still - I am short Nasdaq for a while which means that the overall market may tank, if it takes BTC with it, confidence in alts could go away and we will go in the red. So keep it a quick trade with a bit more looking after the position.
Long
by badbeatnuts
2
BTC (Y20.P3.E21).Macro.Why I am still bullishHi All, As time passes, we get more clues to the probability of the price action. Here I have summarized the main reasons apart from previous posts due to new perspectives from a number of sources. a) Elliot wave theory 1 -5 (as per main chart of this post) b) SP500 recent price action \ correlation c) BTC historical evidence ======================================================================================================== a) Elliot wave theory 1 -5 ======================================================================================================== Observations: BTC price action correlates well with the Elliot wave theory for the impulse wave between 3 to 4 as a complex correction wave which is a shakeup of week hands, as shown above. There is an another probable complex correction wave for 3 to 4, which has a dip followed by a strong rally\bounce to point 5 (this could equate to 8500 range) Note: Weekly Phoeix RSI is poised for a leg up with bullish energy rising while price action was sideways (ref X.Charts) ======================================================================================================== b) SP500 correlation ======================================================================================================== In past posts I have extensively covered the correlation between the two with their pivot points or key levels with BTC price action, so I'm not going to go over that. However recent price action on the SP500 gives us clues to the bullish nature and hence BTC correlation, it seems perfect timing. Here, let me explain. Note this chart of the Sp500, how price action was rejected x3 times at the weekly resistance level. Now look at the 2nd chart where SP500 future contract (CMF) chart and the gap, which was filled last week. When price drops to cover a gap, its seen as a bullish move. Combine these with the current level, we also see a bullish pattern ======================================================================================================== c) BTC macro TA (ref A.Charts) ======================================================================================================== Observations: ** Monthly candles with large sell off (as per chart below), then finding the bottom, and when we have a event with a large monthly rally, the next bull market\phase starts. ** Lead in trend line with the additional HALVING and followed by low volatility ** Price action above the Weekly 21 EMA and\or Monthly 10/21 EMA Note the 10/21 EMA ribbon and how price stays above it, in conjunction with the other information, it gives amble weight to a bullish perspective ======================================================================================================== BTC support and resistance levels based on monthly charts Previous post Please give me a tick or like for this post. Regards, S.Sari
BITSTAMP:BTCUSDLong
by ssari
7