Bitcoin into 2022, no need to panic, traders paradise!***Please give me a thumbs up and follow along for more ideas and TA on the crypto markets***
It's a bit like the Hitchhikers Guide to the Galaxy in the Bitcoin universe right now, follow the rule, DONT PANIC!!!
Of course, there are cases for a lower bitcoin price and might see over the coming weekend 20th-22nd Nov, drop down to $55k, i don't think it will test the $51-52k area that soon, we're already in the oversold area on the RSI and things are looking very green across the whole cryptomarket's leading coins
Ideally, we would like to see the week close out above $60k so bearish sentiments can subdue, yet short positions (ill get an updated chart up soon showing this) are extremely low and the smart money is on a higher-priced bitcoin as we head into 2022
If the yellow trend support line if crossed then i might start to change my mind on bitcoins direction but as I see it from 11 years watching bitcoin and going thru a few supercycles, id say we have not even started the parabolic move yet
To all my USA frens, have a great Thanksgiving next week, hope the Turkey ain't too pricey but a good way to discuss how inflation will effect the family :)
Big love to all, stay safe, use a stop loss x
If you want cheaper fee on trading please consider moving to FTX, link is below...
Majorlee
DOGE vs Bitcoin weekly - the original meme and sh*tecoin [BTFD]no point in buying and holding DOGE for me, i personally dont recommend it
BUT
use margins and lets find that low again
aggressive traders long at 50 sats or can wait till it comes down to lowest fibs level first for a safer entry under 40 sats, 34 sats being the floor, if that breaks we can go down as low to 15 again
again these are risky coins to hold
using weekly charts to cut thru the noise of the dailys and bitcoin crazy price movements
GBPCHF shorting the British pound against the Swiss Franc [BTFD]a weak British Pound GBP and strong Swiss Franc CHF has potential for a short this week
its bank holiday this monday in UK so not expecting much trading volume but could lead to a good entry for a short
possible we see a small pullback towards 1.272 area which we will be looking to short from
indicators looking bearish
Bitcoins Fibonacci love affair with the 0.618 level... [BTFD]Will 2018 history repeat itself?
In the past few years we can go back through bitcoins history and see many examples of the 0.618 fib level coming into play with its price action with the highs and lows, this is an extremely powerful tool to predict FUTURE movements...
Here are good solid examples of the major swings with BTC/USD and its Fibonacci retracements in 2018 and we are focusing on the current swing towards $7k
we will watch the momentum and volume and if bitcoin cannot get up and over this next projected fib level of 6900-7000 then its very likely to repeat the same patterns and will see price come down to test the lower $6k areas
On the other hand we are entering a very bullish time for bitcoin in the late autum all through the winter months, will this be the last retrace before the year is up? lets see what happens over the next weeks to see if this happens again...
One thing we can determine is that the swings are getting lower as we go further into capitulation and like a winding coil we can see a big break on the horizon, may it be ETF decisions or something else that fuels a late 2018 rally .
any questions or suggestions please join our Free Telegram channel which is also pump spam free too, bonus lol
peace up and safe trades
Simple BTC Analysis for week starting 24th Sept 2018 [BTFD]Bitcoin levels to watch this week....
6600 - at time of posting we are just over this level and need to stay above, we may see it spike down into the 6500 but the support will give us an idea if we can climb higher....
6800 - bull support/resistance, really needs to get over this to flip this to bull support and start making a move up [wards towards the target of 7400 area
7400 - I'm looking at this target area due to previous price and the same for the 8400 level of price and resistance from previous highs
IF bitcoin does fall below 6100, we are back into bear market overall in crypto and will see a test of 6k levels and some dips into high 5k levels, still massive support at those levels as sentiment does seem to be bullish but we have to give u all the most probable possibilities that will manifest here.
there are two powerful trendlines bitcoin has to break above so keep an eye on it around those levels if it starts to push up
Overall looks pretty positive and as per usual just gotta keep re-examining the market daily to make any sense of where we are going next, of course, all this is just educational and in no way intended to be professional trading advice!
have a powerful week traders
AUD/JPY AUDJPY Heavily bearish looking to shortStill very bearish on this pair
pullback hit 21EMA and coming back down
target is the lower weekly trend line, possible to bounce of this and go further down if u want to take this trade further
SL's and targets on the price level in red and green :)
good trades!
Ethereum Classic 24hrs before the Coinbase listing [BTFD] So big moves on ETC today regardless of BTC price
listing on robin hood exchange today and tomorrow is the coinbase listing
we can see already ETC coming up to fib levels and might need to scroll out for bigger picture
be happy if we get to $26 and above but obviously it could dump after the coinbase listing so keep good stops just incase!
Ethereum Classic Dual Chart Bitcoin & USD [BTFD]looking here at longer term targets for ETC
we all know why its pulling weight with a pending coinbase listing and renewed interest in the project
still not out of Coldharbour lane yet tho, so much depending on bitcoin as per usual :P
ETH on the other hand might be looking to go short the down trend and will do a TA on that soon
fanks 4 watchin and plz adhere to proper risk management
ZeroCash [ZEC] Dual Chart vs Bitcoin and $USD [BTFD]Super keen for ZEC and its future here at BTFD
ZeroCash has been showing some very good signs of life as the BTC dominance rises, ZEC has been surviving well and making good gains for this very important crypto coin
it might not be in the top 10 yet but it still needs to be mined more and with support from the new ASIC's will ensure zerocash will be a top 10 player by 2020 when we have more in circulation
personally not selling my horded ZEC until over $5k a coin, still see a very important and bright future in the crypto-sphere
plenty more charts were posted today in our Telegram feed only, please join below to check them out...
good trades to you all
major
Vertcoin [VTC] Dual BTC & USD Daily Chart [BTFD] VTC saw some bids today
some simple levels to take profits if u bought in
more charts on our telegram feed
Bitcoin and the Euro Daily Chart Booms & Busts? [BTFD]As bitcoin is traded in EURO now quite a bit more thanks to many EUR and crypto friendly banks on the continent.
Been seeing some bigger ranges on the BTC/EUR pair
put in some supply and demand zones and use the fibs for further targets
we just blew thru the RSI overbought and will carry on up to a possible high of 8300EUR if it breaks current resistance at around 6600eur if we do break up and out to these levels im expecting it to come back down in correction to the previous lows of 5,000-5,200 and rebuy into the btc profit cycle there...
Price action has put us up into the 3:1 area of the Gann Fan, again a bullish sign if it can stay up in that dark blue area
Cycle of Power indicator is well bullish too, so expect some gains and take profits where and when u can, no reason for losses from this...
Bitcoin Daily - Inverse H&S + signs of reversal? [BTFD]lots going on with this chart so please ask questions, this was a new personal chart and] im happy to start sharing....
As in previous charts on bitcoin we got above 6600 and 6800 which is looking to be support now, these are key levels for bulls to take control
pretty obvious inverse H&S with the right shoulder about to form meeting the grey 55MA line after support from the 500MA from the previous day
Was hoping to get a green bar on the Vix Fix indicator this may come in the next few days if we get some momentum and solid buying over 6800+
Also with the new LT CoP indicator, we want to see it the purple line go grey and move up into the green bullish area
gann fan levels if broken up, we go into the 3/1 area and targeting the red trendline for targets.
Make or Break for Bitcoin in week of 16th July 2018 [BTFD]Looking at four hour chart on Bitcoin/USD we see over the weekend it good bounced from around the 0.618% fib level...
The new Cycle of Power Indicator is showing a change from bearish to bullish conditions and the RSI coming into the overbought levels - this is shown by the change of colour of the line to grey
We also have a Death Cross on a 55/100MA that has just formed
So very mixed signals for bitcoin starting this week, if the 0.618% fib level holds and some buying momentum takes us up over 6800 during the week, then we may see some gains and be good for longs, firstly 6400 need to be broken and established as a floor support and solid buying action as the week starts and then going up to 6600 and above....
IF the 0.618% fib level breaks (currently around 6180 area) then most likely we will be back in power with the Bears and price will come down to touch just below $6,000, even going as low as 5800 area, now if buy support is strong and this does play out we will examine the market after we see the moves that start the week
weekday markets open 10pm GMT +1, so get used to checking the price and movement once the institutions are back on the board and moving pieces around, expect a few squeezes along the way
i'm calling neutral for this chart but im kinda leaning towards the bearish scenario, the psyche levels of 6300 and 6200 are pretty important, so keep eyes peeled on these levels of support and watch for opposite from 6600 & 6800
Bitcoin's Bear and Bull Fight 10th July 2018 [BTFD]Quick fib levels for retracement on the 4hr chart
So far in the FREE Telegram chart we have got bitcoins direction and levels almost with 100% accuracy, thanks to Tom, Tech, Trassos and Stefano all helping being a guiding light to many traders over the course of 2018 and before, we got big things planned for this year so sign up at the website www.buythefuckingdips.com
We have a new indicator called "Cycle of Power" and will do a video on this soon, currently with this snapshot its in the red showing us the bear situation and needs to come up into the green before we make any longs or bullish moves, lets see how it gets on in this timeframe
After numerous squeezes creating some ranging volume gave some good plays
BTC bounced at the 50% fib level and expecting to come down to test further low levels from june and poss april
It does not look like $5800 will break soon but if some really hyped up news at that level we could see a big break down
If we reach up and over 6660 and we could see some slightly bullish moves as we go into the weekend, gotta feeling the MM's will butter up bitcoin for a bulltrap and long squeeze weekend....
**ALSO remember many people will be cashing out BTC for the summer holidays in the Northern Hemisphere - $22bn went out today alone**
keep stops tight and BTFD!
IOTA [MIOTA] log chart for further gains [BTFD]Using a quick log scale on IOTA price we can see a H&S formed and price came down and now has seemed to have bounced from the $0.8 area with a double bottom formation indicating a reversal
The price action supports a bullish rally at this point...
IOTA/USD is close to a support line and presents good buying opportunities once higher highs and higher lows are established.
lookin for entry when it bounces off the trend line again or aggressively around $1 area
TP targets use the fib levels to sell accordingly, use a good SL 10-15% under ATH is $5.25
good future with IOTA and everything thats coming with it, enjoy ya Tangle coins!
for more info and any Q's plz join our FREE channel Telegram channel below
Bitcoin 4h Chart in a rising wedge/triangle July 6th 2018 [BTFD]Just saw a few angles and trends creating a rising wedge/triangle (depending on which charts) in the 4hr chart
im still bearish till we come down to test near lower 6k$ again
expecting to break down out of the formation
if it holds we could see a reversal rally to over 7k, needs to be closing over 7300$ and up into the gann fan area for my bull hat to be pointing forward tho
have a great weekend and watch out for big bitcoin moves after the weekday markets close
peace up
Bitcoin Daily Chart for July 2018 Roadmap [BTFD]Greetings!
As we start a new month of July we had a good bit of volume right after the normal markets closed late on Friday evening and as soon as the monthly futures expired, i called the 29th as a movement date and got it 100% spot on
Bitcoin got pushed up to 6500 areas and settle between 6300 and 6450 during the weekend
really still need to see signs of bullishness to get up and over $7k this week, new monthly furtures open on 2nd July
So for this monthly roadmap we got these deep supply and demand zones in yellow, a recent fib retracement in yellow lines and the bigger fib is from the all time high back in Dec.
Daily chart is looking better than the monthly and weekly, might get some bull moves but has to be big volume otherwise we could see retests of the lows from last month, RSI looks good for more gains as we start the week
have a wonderful July and good trades to you all
if you like come join us on our very active chat for daily news, trades, banter and trollbox antics, link is below....
ARK revisit looking to BTFD!We have used ARK coin to make loads of great trades in the last year or so...
it got pushed right down of late and we saw the lowest price in 2018 of just $1
we can see on the ARK/BTC chart we have retraced to Demember 2017 lows
if markets gets bullish again, expect ARK to make some moves to beyond $4-5, gunna be dependant on bitcoins moves first tho
if you got ARK rememeber that u can stake it thru delegation to earn more ARK as u hodl
all best, peace up and come join us on our chat, details below
Augur [REP] Dual chart - prediction markets [BTFD]3 day charts both on REP/USDT and REP/BTC
As the platform gears up running on the Rinkeby test net, we see some fundamentals rising in this sector of cryptocoins
Augur (REP) will be going live on the Ethereum mainnet on July 9th, 2018. Augur, known by most for being the decentralized “betting market”, is more than just that – it is a decentralized prediction market and oracle service that wants to use the wisdom of the crowd to create a complete and accurate forecasting platform. Its token, REP, is a layer-2 crypto asset (layer 1 being the protocol layer) that sits on top of Ethereum.
We have seen in the past weeks good bullish signs from REP even during the bitcoin crash of late june
both charts are showing the possibilities of more bullihs action if u check the double gann fans u can get an idea of where it will follow or push up into
ideally, we want to see REP push up over $50 and keep pumping up, we may see a crash and dump just before it goes live on the 8th July
aggressive hodlers can enter below $33 or wait until it comes under $30
looking to sell at $45, $60 & $80+
Litecoin dual chart, roadmap and outlook for 2018 [BTFD]As u can see LTC/BTC has come right down to the 0.012 areas and looking like it bottomed out just above $70
as per usual LTC shows more weakness with btc dumps
we gotta watch this one as plenty more downside ould be in play bit also we could be at a reversal, we need more conditions to be right before we get back in or u can BTFD and hodl away!!
use the fibs for exits depending on your level of greed :P
peace up
Cheap WAVES for next level crypto disruption [BTFD]Again WAVES has been a very good and powerful player in last 8 months
like ARK and many other coins, its come right down in correlation to the lows of bitcoin in June
WAVES is an ETH like project with plenty of support and im confident in 2018 and beyond will be a good and important player, loads of airdrops and community tokens but WAVES is the main one, hope it goes far...
So as we can see WAVES came down to below $3 and a little bounce we can see forming a reversal on both charts, im looking to collect more WAVES as it comes as close to 0.0004 as possible
confident of WAVES reaching double figures again in 2018/2019
good trades and have a great and powerful July
peace