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Moving Averages

Bitcoin Space Launch - a basic EMA pictorial (Bull Run to 9k)Use snapshot link below if the text and objects are overlapping. Sorry, I'm still learning how to publish content. Tips and suggestions welcome! What is this? Quickly learn some basics on EMAs (Exponential Moving Averages). Right.. the E does NOT stand for "Emotional"... However, if your are trading too often without making gains, then you may need to learn about those too! Also, don't get upset with me if BTC crashes tomorrow... Which reminds me to inform you that... I am not a professional, but I do invest responsibly and believe that you should too! Please do you own research! (DYOR) If you dig this pictorial or the full history chart of BTCUSD, then please give a Like! Also, I believe you can "make it yours" for future reference by click on the share button and selecting "Make it yours". Thanks and enjoy your trades!
BITSTAMP:BTCUSDEducation
by i269
Bitcoin : Premature Elliot wave countHello fellas, welcome back with our technical analysis about bitcoin. This time, I want to focus on potential movement in the next 7 days of bitcoin. And because current structure is beautifully related with the past performance of bitcoin, I will try to make a projection with elliot wave count. Let's get it to the point. Yesterday, I saw 2 important things that occur on bitcoin. First, the price breaks the resistance region around $7500 region and the median line of the huge down trend channel. And second most crucial thing is that the volume was increasing significantly when the price breaks out of this resistance. The fact that the price is now testing again the next resistance zone around $8050 region which represents the parabolic rally in short term, I see that these conditions usually occur on the 3rd wave which usually become the longest wave between the 3 impulse waves in EW. That's why, I give you my premature count that could possibly occur in the future and for this premature count, I will assume that current pattern is to complete the ABC structure in higher degree to give it a test toward the upper line of the channel and the area of $9000 region which in fact relate each other. We might see a little retracement ahead for short term, before another push toward the $9000. The rally clearly haven't finished yet as we haven't found any sign of divergence in higher degree.
BITFINEX:BTCUSDEducation
by julio24albert
Bitcoin : Confirmation of B, officially lose the minor supportHello fellas, here we go again with the analysis of bitcoin in short term view. Let's make it short and essentials. First of all, This analysis will continue the previous bitcoin analysis and bias on the short term which is still valid for now and if in my previous analysis, I said that there might be a potential of the price to reach the $9000 region again to complete the B wave structure, It's now become invalid whatsoever. Here in this newest analysis about bitcoin in daily view, I feel that the abc structure has already completed to confirm the B wave in higher degree. Beside the elliot wave count which is still premature and this count however is very subjective to every trader's bias, I have to find some confluences reasons that might support my current bias for down trend. So, here are some confluence reasons that make me believe that the price is entering the bearish stage again : 1. The price has already broken down the minor support around $7150 region 2. Looking at the histogram on MACD oin daily time frame, we can easily deduce that the bears are in control for now with the histogram forms a lower high structure and the lower moving average is very likely to crosses down the higher period of moving average in MACD. 3. A series of lower low and lower high has already formed and it simply denies my previous bounce bias. 4. Based on higher degree of elliot wave count, there is still 1 more wave that potentially occur during this very complicated correction structure which I will label it as the W wave in higher degree. 5. Looking at the btcusd long positions on bitfinex, we can see that the long is starting to decline in the last few days and will indicate the long squeeze to occur very soon in the future. In conclusion, I will look for the long entry around the red region between $6000-$6300 considering there is a huge price action activity occur at that area which make this as another strongest support in the mid term.
BITFINEX:BTCUSDEducation
by julio24albert
The power of Juriks MA In my script Support & Resistance script witch you can find here: I make use of a modified clone of Jurik's moving average under the hood to form a multiple line as middle line if you bands selected in settings. What i have done here is to borrowed that code to make a strategy to show case the power of that script. The script buys/sells and exit on color change When the ribbon change to blue it buys When the ribbon change to orange it sells The script exit the trade on change to gray Setting Properties Initial Capital = 100 000 Base Currency = Default Order Size = 1 Pyramiding = 3 Commission = 4 USD per Order Slippage = 2 ticks As you can see this script is very simple and easy to follow. The original script has alerts set up for every color change so it is possible to automate it with your favorite bot script. But be aware that you always should do your own research before applying any strategy with real money. Good luck traders...
COINBASE:BTCUSDEducation
by ChuckBanger
2
Bitcoin | Price Prediction by 2020..!!What is Bitcoin..!! Bitcoin is a digital form of cash. But unlike traditional fiat currency, there is no central bank controlling it. Each unit of Bitcoin is unique and cannot be copied or destroyed, and it runs on top of a distributed network, maintained by thousands of computers around the world. Bitcoin Features..!! - Decentralized access allowing any party with the open-source software and internet access to send and receive Bitcoin irreversibly without third party interference or trust. - Decentralized governance via open-source development and forking. - Relatively slow block times in comparison to other crypto-currencies although there are solutions in development such as the Lightning Network aiming to solve the problem of scaling. - Largest hashrate (ensuring the security and resilience of the blockchain) and largest liquidity. - Most common currency for crypto-currency exchange pairing - The hard coded scarcity (maximum 21 million coins) has led to comparisons to traditional physical scarce resources like gold. - Transactions are pseduo-anonymous. Funds are sent address to address, but an owner identity can eventually attributed to an address given enough data and analysis. - Average blocktime of 10 minutes; Total supply of 21 million BTC; Consensus via Proof of Work (SHA-256). Bitcoin Milestones..!! 31st October 2008 - White paper released by Satoshi Nakomoto. 3rd January 2009 - Genesis block mined by Satoshi Nakomoto. 12th January 2009 - First transaction using Bitcoin; Satoshi Nakomoto sends 100 BTC to Hal Finney. 22nd May 2010 - First recorded commercial transaction using Bitcoin; aka Pizza Day. 14th January 2016 - Lightning Network white paper, a Layer-2 solution to scaling Bitcoin. 1st August 2017 - Bitcoin Cash (BCH) hard fork. 23rd August 2017 - Segregated Witness (SegWit) implemented. What is Bitcoin halving? An event that halves the rate at which new Bitcoins are created. It occurs once every four years. Will the Bitcoin price change? Historically, the price has gone up following a halving, but it ultimately depends on the supply/demand ratio. Essentially, Bitcoin halving cuts down the supply of BTC, making the asset more scarce. If the demand is there, the price is likely to increase. There are also some historical precedents. On Nov. 28, 2012, the day of Bitcoin’s first halving, the cpryptocurrency’s price rose from $11 to $12, and continued to climb up throughout the next year, reaching $1038 on Nov. 28, 2013. Roughly four years later, a month before the second halving, Bitcoin’s price started to follow a similar, bullish pattern. It surged from $576 on June 9 to $650 on July 9, 2016 — the day the block’s reward was reduced by half for the second time in the asset’s history. Again, BTC continued to accelerate through the next year, albeit with occasional turbulence, and traded at $2526 on 9 July 2017. Will it be the same next time? Skeptics believe that the halving has already been priced in (remember this year’s epic, but short-lived systematic price increase?). Although, there is no scientific way to verify this. Moreover, the industry has drastically changed over the last four years, as cryptocurrencies — and Bitcoin in particular — became an essential part of mainstream news coverage. Still, some people might be tempted to take the chance, especially given the previous patterns exhibited around Bitcoin halvings. Consequently, if history repeats itself and the Bitcoin price starts going up in April 2020, even more traders might start buying the asset out of a fear of missing out, thus stimulating the demand, and, ultimately, the price. Please, give us your opinion in the comments.!! If you like the idea, please hit the Like button and subscribe to the profile in order not to miss our updates. The information given is never financial advice. Always do your own research.
BITSTAMP:BTCUSDEducation
by Faibik
45