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Bitcoin - 6K Confirmed ! (The Perfect FIB) {PART 2}Hey lovely people , Welcome to part 2 of the PERFECT FIB After all the hate comments and a time of indecision we finally dropped towards my TP (0.618 FIB) which right now exactly corresponds with the blue MA line. Now I'm waiting to see how it will respond, If it goes below the MA line with a daily close I will be crazy bearish. If it bounces off I will see how the market will respond and make a new TA based out of that. Sounds like a win/win ? That's because we always win :) (with right risk management) Like this post & Follow, so I can keep making these (winning) TA's for you guys. - Crypto Doggo
COINBASE:BTCUSDShort
by themarketdog
“Patience is the key”, Bitcoin will breakout soonFor last few days, the current price range has been getting very less volatile and the volume has been getting lower and lower. I think I have a reason to explain why its happening?! As I have published earlier Bitcoin primary trend is downward, we have got another confirmation of it with the formation of Descending Triangle. Triangle patterns serve as a consolidation phase where price regains the strength it needs to proceed in its primary downtrend. As we can see the nice descending triangle pattern with volume confirmation shown in bottom of chart. Next thing to look at breakout is surge in volume. If there is substantial volume, price will hit our bottom target ($7,000) easily.. Just stay tight in your short position with stop loss and target mentioned earlier, this article is just follow with people to remind “patience is the key”, as we are getting more and more positive signal to support our analysis. This formation make this idea stronger for me. Do your own research and if this matching with mine then you are ready to go! Please, take a second and support my effort by hitting the "LIKE" button, that the only fee from You!
BITFINEX:BTCUSDShort
by AnkitSalgia
10
GBPUSD we are currently in a down trend but looks like a could be a reversal a perfect time to "catch" the market at daily low . remember we need to catch the outbreak to get those gains and remember we're in a bearish trend since august of last year so be careful entering a long positions i'd wait until i see a larger break at the major trend line for long positions keep an eye out for this pair like a hawk if you see bearish and long candle rejection from strong break zone and trend lines it'll be a short position keep pending orders in and be ready! . keep in mind daily candle we see a consolidation level and this can either be a explosive out break on both ends just play the cards right!
by TheGreenville_Trader