Long term bitcoin outlook Many much smarter people than me believe that as banks intensify their quantitative easing and rates go to 0, bitcoins case as a new new international monetary system stands stronger than ever. With futures going in backwardation and derivatives funding rewards longs, we could see bitcoin reaccumulate and bounce strongly towards a...
With the 2020 halving just around the corner, expect BTC to make some wild moves! Anticipating a retrace back up to 10K
& Handle pattern, and is just breaking out! A very reliable pattern, and technicals are setting up in support with MACD and OBV coordinatedly crossing up. System Buy Signal should be along over the day or so, and BTCUSD needs to be closing above 9000 decisively. This breakout of the C&H pattern projects a target of 11800, by March 2020.
possible mitigation of bullish order block to futher upside movement
The last 3 years the trend happened to reverse all in mid December. Maybe a coincidence or could be more. Any comments welcomed!
BTC showing several bullish signals going into the turn - up into halving. Cross of 10WeekMA will confirm bullish trend upwards to retest previous highs $11K+. Buy zone is getting smaller which is a good sign. Bullish RSI Divergence and next trend showing bullish confirm we are in a turn. Capitulation dots show we are towards the end of the downtrend - almost at...
BUY BITCOIN AT THE CURRENT MARKET PRICE... $9500 IS THE MEASURED TARGET FOR WAVE 3
Bitcoin made a huge drop today but is it time to panic yet? The Crypto Fear & Greed Index is showing there is extreme fear in the market, which is typically a good time for the smart money to look for a buying opportunity. Looking at the charts we can see a several areas of support converging on the $6,700 range: 1.) The price has already touched and bounced...
smaller time frame analysis of the long position with a 1:54 r:r bitcoin long position
this is as per the completion of a possible retracement in anticipation to the next bull run ,with a possible payout of 1:54 ,remember stick to money management.
XBTUSD: The chart says it all. (Not a trading/financial/investment advice. Do your own research before trading any cryptocurrencies. Trade safe!)
BETTER BUY SOME BITCOIN NOW BEFORE NEXT MOVE, I HAVENT SEEN ANYONE SHOWING THE 21 WEELKY MA. LOOKS PROMISING, I KNOW THE MACD LOOKS BEARISH BUT IF YOU ZOOM IN ON THE MACD IN LAST BULL MARKET ITS DONE THE SAME THING, IT BARELY CROSSES THEN CROSSES BACK OVER WHEN BOUNCING OFF THE 21 WEEKLY MA. LONG TERM CHART ON THE WEEKLY BUT MORE PROMISING ON BUYING OPPORTUNITY....
$BTC #Bitcoin Price Update 10.09.2019 Bitcoins Price is now a hot topic and I want to give my technical perspective on current Price action. On The Makro point of View Weekly Stoch still heading down, but we are now trading above the 10EMA but lost the 10SMA. Locking into the lower TimeFrames currently the Daily Candle is now trading below yesterday`s...
After breaking resistance,looking for the possible 2 profit targets.If the resistance turned support breaks then it invalidates the idea !
Bitcoin up again. Created support levels to bounce off, that's my bias anyways.