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Kraken

some are bearish others bullish ... i say we must go sidewaysall TA on TV are either bullish or bearish but i really think that btc has to go sideways for a while without big bounces. if btc doesn't go under 6k and goes sideways almost in a straight line for a while we will se ATH again this year (maybe until summer). As long as btc will bounce hard after a dip traders will be tempted to take profit and will make it dip again. for now the bounces are smaller and smaller following the scenario from 2014. let's hope it stays in this price range 6-8k for at least a few weeks then we can hope another bull run will start.
BITFINEX:BTCUSD
by pakardel
1
btc still looks good ... this is just a correctionright now btc is not bearish at all, as i see on some apocalyptic TA's. right now it is consolidating and creating support for the next jump. the longer btc is trading sideways, the lower and closer it will be to the top of the downtrend channel so the next jump could boost it above it. if btc follows the behavior from the last drop (from the double top) it means it will go as the red line indicates and will bounce from the support created at 7.6-7.7k, otherwise will continue the waves inside the bull flag then jump to 10k i think in about 8 hours will finish the correction, then jump out of the downtrend channel and catch another jump tomorrow morning (GMT Europe time) LIKE if you LIKE or agree ;)
BITFINEX:BTCUSD
by pakardel
this is how i think btc will go within the next few days first step is to break up from the bull flag, test the 0.786 (blue line) which now acts as resistance but after btc will break it, it will be support. next step is to test the top of the downtrend channel (dotted falling line). it will test it a few times so the inverse head and shoulders will be completed. a break up from the neckline will boost btc back to the double top area (the 0.618 ... around 11.5k). a fail to break up from the downtrend channel will most likely make btc to go down to the green rising trend line. this line acted as a support for a very long time. i personally think it will go up because there are a lot of money on the side waiting for an uptrend confirmation, also i have reasons to believe that whales got their bags full on this downtrend and now the market will be pushed up. this is just my ideea not a trading advice. hit the like if you agreee ..... or not :)
BITFINEX:BTCUSD
by pakardel
the invers H&S plays out as expected ...the current correction seems to draw the right shoulder perfectly. shorters are posting apocaliptic TA's but btc is not going to to drop to 3-4k ... at least not in the next few days. still has some space to struggle between the top of the downtrend channel and the strong support line. for now we are following the scenario from the end of feb (26-28 feb). i guess we wil not go lower then 8.4k comments like ... "anybody can draw some lines" and "TV is full of H&S" are welcome ... just hit the Like button :))
BITFINEX:BTCUSD
by pakardel
1
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by MVPMC
4
Back out from under my rock, ready to get a position inWell, I'm back and looking for enough reputation to chat again. My last few posts were calling for shorts right before starting the run to retest, and temporarily pierce the downtrend channel. Needless to say, I shut my mouth as my inexperience proved I had no idea what I was talking about. Well, I'm back, and I'm feeling short again. So, maybe it's the time to buy. Or maybe, third time is the charm!! Either way, I appreciate any likes that can get it so I can chat. I always have so many questions that I can never ask, and instead have to watch trolls comment on people's TAs like they deserve to be little shits more than I deserve to ask an honest question. Questions such as - What is the significance of specific moving averages. I see well-respected pros being like, "As you can see, the price respected the 200ma" as if it means something. Why is a 200ma any more significant than a 197ma? It makes no sense to me. Yet I've put them on my chart. Thanks, and good luck trading. PS - don't make a trade unless it is YOUR decision. I've admitted my incompetence so any ramifications of following my advice are laughable.
KRAKEN:BTCUSDShort
by vig06002
DASHEURHello all, It has been a while for me to update Dash against the euro. However there seems to be an exciting (short/mid term) opportunity ahead. As Dash consolidates further into the end of the triangle, it could break in two different ways. Red bear line: if we break the triangle bearish, expect fall back until at least 454 euro However, I think Dash will break through bullish based on several reasons. 1. If it is the first bullish wave after correction,most likely we will see 5th wave. 2. RSI is in favor of bulls 3. MACD mouth is open (in bullish way) First bullish target; 602 euro Second bullish target; 660 euro
by kerstjens