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Cyrpto

Bitcoin at Take Profit LevelLast post, I informed you guys in regards to the buying pressure kicking in. Meanwhile, most people were still in selling positions. Push your SL into profit if you took this trade. Risk free trades are phenomenal! We are in a selling zone according to fibonacci. However, I am still sticking to this analysis overall. It is imperative to understand how the laws of market making work. In contrary to that point, if that is too complex then just simply focus on sentiment. What direction is most of the money flowing in. Then, you must combine that with market structure and a couple confirmations that places you on the right side of trades. Last but not least, trading is all about probabilities and statistics. The goal is to have a system and to trust that system win, lose or draw. This keeps your emotions from your trading and allows you to rely on logic, data (A LOT of DATA) and results. Remember, Rome was not built in a day, neither will your trading success. Be sure to like and leave a comment below in regards to what you see happening with Bitcoin. We do thank you so much for checking out our post and remember, we will see you on the other side. Rodrick (CEO) Third Eye Traders
BITSTAMP:BTCUSDLong
by ThirdEyeTraders
Bitcoin Bull Pennant? Can we see 40k and say bye bye to low 30s?Just strictly educational, can this be a dip that may be the one we need for a huge pop to the high side? I have actively traded bitcoin in the summer in the 4-10k range and wish i kept way more from that point now got put around 10k into bitcoin around 18,6-7. I am absolutely LONG on bitcoin, have stop loss set it 28,500 for half of what I have just incase it does want to get run down to the teens again (which I wouldn't mind, it would be a blessing. Lets go Bitcoin!
COINBASE:BTCUSDLong
by ArmaanOG
2
BTC - 140,000+ USD More Than A Pipedream?Some quick spit-balling around the potential cycle trend for Bitcoin (near-term analysis is less useful at this juncture) As you can see Bitcoin's prior peak in 2017 was the 78.6% fib extension from the prior cycle, using this same method the same value (78.6%) is over 140,000 USD, this number that JPM analysts reported several days ago. first move - to the 78.6 fib extension second move - to the 78.6 fib extension Furthermore, there is a clear logarithmic channel present in Bitcoin, we are currently at the mid-point of this channel, and the upper range of this channel in-fact exceeds the 140,000 USD target, the exact point is unknown as the rate of growth for Bitcoin will surely change, either faster (higher prices sooner, but lower overall in the channel) or more slowly (slower price growth, but more sustained and higher overall prices). cyclical channel Nevertheless, Bitcoin will undoubtedly be a 6-figure assets class AT SOME POINT, I do not know when, however with the Democrats set to hold (barring further legal challenges) the executive branch, and both legislative branches (the senate being in question currently), the massive spending WILL continue, which will only facilitate higher and higher asset prices. Do yourself a favor and position yourself accordingly, cryptocurrencies, precious metals and hard assets are set to benefit tremendously in the next few years. -TradingEdge
BITSTAMP:BTCUSDLong
by Profit_Link
AllianceBlock: Newly Decoupled Pairings Shifts Our EmphasisIf Ethereum decides to take a breather after this insane weekend surge, I expect good things for this ALBT pairing. With ETHUSD up 23% on the day at the time of publishing this, a quick look at ALBT shows a decoupling of its USDT pair from its WETH pair. This is mostly as anticipated given the surging ETHUSD and ETHBTC pairings this weekend, but I still felt it worthy to point out how this is setting up. Our job is to identify entry opportunities that show favorable risk/reward around entry timing. The levels I’ve highlighted on these charts will depend on Ethereum bull exhaustion, and in order nail the entry, it would be prudent to map out ETH/USD and ETH/BTC charts in tandem with these ALBT charts. ALBT/WETH pairing on the left: We are remarkably close to retesting the golden pocket retracement (Fibonacci level) of around 0.00029 while we are currently underway with its first re-test of the daily 26 EMA after the 12/26 bull cross. These are key entry levels I like to watch for, so I am keen to see how this plays out in the next 48 hours. ALBT/USDT pairing on the right: The daily 12 EMA is holding up, and is clearly attributable to the strength in ETHUSD this weekend. Whether or not this chart goes back to retest $0.40 will depend on the ALBTWETH pairing, in my view. Bulls are going to want to maintain that daily 12 support if ETHUSD keeps running higher. If ALBTUSDT gets a daily candlestick close below the daily 12 EMA will be a red-flag, and bulls will want to re-evaluate the ALBTWETH golden pocket setup highlighted previously.
A
by cryptochemistry
Three Paths one DestinationRed -10% Green -30% Yellow -60% The log growth chart has been on cue lately calling the last pump to 12500 , the next layer on the log chart would be 14400. With the Fear and Greed Index being so high at 75 there is much higher chance that Yellow plays out for this year but expect and unexpected with bitcoin once in a bubble things move very fast , lets not forget that in 2017 we went from 10000 to 20000 in 14days , once March/April comes the true parabolic moves will start to happen historically those two months have been the start of major moves. alternative.me
COINBASE:BTCUSDLong
by Sporia
1