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Kingbtc

Attacking 20k to hit a 13Hey guys, Bitcoin looking tasty on every major timeframe. In the Monthly TD sequential we have a few candles to go till we reach a 9 setup. When comparing the chart to ADABTC there is a correlation, as ADABTC will hit a 9 13 9 Combo Countdown and a massive falling wedge bottom which has potential for a longtime reversal. In the Weekly TD we are in an 11 from the countdown with 13s mostly pushing higher and reversing 20-30% from the candleclose. And know what? That reversal could perfectly match the 20k region, where we will most definitely see profit taking. This could put us back to the 14k region by than. In the Three-Day Chart everything looks bullish. The TD 9 13 9 never reached the last nine, but instead showed a red breaking 9 and therefore this signals that we won't have a reversal here and should move into the next 9 setup (we are at nr. 2). Hence, 18-21 Days of positiv movement equals the 3 weeks of bullishness in the weekly chart. Furthermore we regained the 10SMA and the 21 EMA and the most important RSI region in uptrends was defended. Daily looks like it really wants to move to 13500k. 4H Chart just had it's golden cross overnight. Well from there... In general we had 100%+ gains... Happy trading!
BITSTAMP:BTCUSDLong
by Thierry88
BTC/USD: ONE Chart ONE Trade (7 year trend Test)Just goes to show how the past reflects the future. Chart is simple, click the play button every 5 days and follow your path. I personally predict the blue path will take play. BTC is a year away from testing a crossover of 2 major trend lines that have been active for the past 7 years. As of now we can play scalp trades, I see a short opportunity today anywhere from 7500-8200. I'll be risk trading to short near $8k to re-buy at ~$5500 in the next 20 days. I'd say we will make this landfall around ~ April 21, 2018 From there we will break out of the current log downtrend that started in December that seemed to have been forming a giant pennant, followed by full FOMO to kick it to the $11,700 area. Short there and scalp the channel on the way to the new target zone where we will hopefully test the Trend line from early 2012 (Long Buy Zone). It'll be rejected in that area (11.7k) and BTC will form a new channel as it did in 2013-14 for a downtrend. Scalp trade on our way down there. The target area is critical and if we break out to the upside it can be a new beginning to a new bull run. Check my other posts for daily updates on day trading. -LethalCalls
BITSTAMP:BTCUSDLong
by jovani7919
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