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Movement

Looking for levelsOur pair has good growth potential, but there are some aspects to consider. We expect the continuation of the ascending movement. Our technical indicators also indicate a purchase. In the medium term, we can expect the price to pass to the level of 1.2, but the next level that must be overcome is the 1.1850 level and only if the pair is fixed above this level, we can say that the upward movement will continue. We recommend you to take long positions and set TP closer to 1.1850
Long
by SuperForex
The pair has slowed downAt the moment, we see on the chart that the upward movement has slowed and after the rebound from the resistance level, the price is preparing to test it again. The price did not reach the next level which is at 1.3490, and technical indicators have already turned for sale. We assume that during today's trading may be a slight upward movement, after which the pair will resume the downward movement. Therefore, we recommend taking short positions with SL above the mark 1.3490. The goals to consider are the marks near the level of 1.3330
Short
by SuperForex
Possible Sideways Movement for BTCFirstly, I apologise for the black lines on chart, just easier for me to black them out instead of redrawing them later. There seems to be a fairly large sideways channel (in orange) formed when I draw a couple of FIBs. There does seem to be a bit of support at $7,400 and resistance at $7,700, with only very slight breakthroughs on either side. BTC looks as though it is trying to break that resistance, having had a couple of goes at it, but no real strong rally to punch through. If this happens again, and fails, we may see BTC drop back down to roughly around $7,000. This is also very close to a support line (in red). If it does go beyond that, my estimation is mid $6,000. Conversely, if we break the $7,700 resistance, the next target might be around $8,000. This may be possible as there seems to be an ascending channel formation, as long as BTC bounces off the yellow dotted line support. I'm still staying fairly neutral here, as BTC is sending out some mixed signals. Trade safe and DYOR, everyone. This is only my (fairly ambiguous) opinion.
BITFINEX:BTCUSD
by Curdled_Jelly
Possible Movements of BTCI have two possible movements on one chart, one long and one short. With the long scenario, if we break upwards, target might be $7,850.00, before a slight pullback before reaching $8,000. Afterwards, the support will be formed from the top of the wedge from whence it broke from. Conversely, if we we break downwards (short scenario), target for bounce might be $7,450.00, with a slight bounce before making its way to a possible bottom of around $ 6,900 (strong support) to $7,000.00 (previous bottom). This may be the "true bottom" of popular opinion. If we break through this strong support, next target may be mid-to-low $6,000, staying within overall downward wedge. As with everything though, these are my opinions, don't take them as gospel. DYOR and trade safe.
BITFINEX:BTCUSD
by Curdled_Jelly
BITSHARES : DOWNTREND BROKEN / INDICATORS POINTING UPThe following indicators are on the weekly base and therefore we can expect the price of BTS/BTC to go up continuesly for the next WEEKS -StochRSI just crossed. -MACD still under 0, plenty room to grow. -RSI under 50, plenty of room to grow up to 70. The marketcap is just 355 mln USD, it is traded on Binance and Poloniex. Binance is the biggest exchange, Poloniex allows Margin Trading. Most important: THE DOWNTREND WAS JUST BROKEN! Additional to that we are in a phase were people are still afraid of losing money to exchanges, the exchanges being closed/hacked or that regulations will set in. Decentralized exchanges make sure this all does not happen. BITSHARES is the most advanced decentralized exchange and will benifit from this. People will realize that very soon. More buying arguments: medium.com Everything points upwards, I expect a huuge pump the next weeks, up to 2 bln USD marketcap! It is very cheap now at 2.000 Satoshi, it was at 15.000 Satoshi already and it hat the possibility to reach that again, even climbing higher. Exciting time guys!
Long
by TopGainCapital
4
BTC Not out of the woods yet. 23 MAR UpdateWell, I haven't updated the Fib Circle for 3 days now, not even moved it. The previous 2 charts were flawless. (yey) For some reason, the previous chart was took down ( I think it was because I posted twitter link? No idea. But don't forget I got a twitter 'thou) so I made another one for today. The only thing I do on this chart right now is move around resistance and support levels for short term. As you can see, BTC is being squeezed in this Fib Circle for 3 days and it's getting harder and harder to get out. I see 3 resistances on the horizon before bulls can have a word with this market: Resistances : 8550$, 8700$ and 8800$ Supports: 8150/8200$, 7900$ and 7500$ As you can see the resistances are right next to each other. It need a good volume and some buyers coming in to get past those. Critical levels are in yellow squares. I'm not gonna put order prices since that might have been what took down my last chart (?). Just look at resistance and support levels :) Thanks
BITFINEX:BTCUSDShort
by reynar
1
BTC encapsulation in a Fib Circle for now. Predictions on it.Well, as you can see on the graph, the price is pretty much blocked in the area of the Fib Circle shown. Until it breaks one of the circle areas, it might just bounce around the current Circle Area. Also, resistance and support level agree with this Fib Circle :) No Elliot Waves that I can clearly see on this one, so I'm not gonna add them. My personal order(s) for the foreseeable future. 1) If it keeps this trend Buy: ~8860 $ Stop loss ~8795 $ Profit: ~9120 $ 2) If it breaks down the trend (<8800) Buy 8550$ S/L 8450$ Profit 8800$ 3) If it breaks up > 9250 $ Buy 9250$ S/L 9189$ Profit 9400$ Again, those are my personal orders, and I might adjust them in the meantime, but they give a sense of what I'm expecting to happen. Whelp
BITFINEX:BTCUSDLong
by reynar
2
Little update for my previous work. BTCUSD BTFNX Look on this trend. Lets start with BB, we can see here tight channel which always predict long. Take a look on DMI, ADX is on 15,8 and DI+ 28,9, we have to wait till ADX and DI+ will cross. Here i added my movement ideas, also here is 2 fibonacci on different time heights and lows and we can see coincidence on the 38.20 so this have to be one of the strongest level. Max would be 9000 as for me. Don't forget that we in a middle of corridor, but i do not 100% sure that movement will continue from there, there is a divergents behind. So here is my thoughts, left in a comments bellow, what do you think about it?
BITFINEX:BTCUSDLong
by pmktyn
1
BTC ideaNow is the decision time for BTC again. The downward chanel was broken on the 20th of July and BTC nearly retested ath. Now the price is at 0.786 fib area. If we can apply Elliot waves and may this movements be the 1st and the 2nd impulse waves, then the third wave is approaching and by the 1st of august the new ath should be set. If we go downward then entry point should be somewhere around 2200-2300. For positive prediction: 1st target area is around 3k and the next one somewhere around 3300-3500. THE KEY for upward movements should be a breaking out of 2700. Happy trading.
COINBASE:BTCUSDLong
by Heithvald
1