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Bitcoin Price Prediction (BEARISH)We've recently broken down from a symmetrical triangle which can also be seen as a very predictable bear flag. after our dip slightly below $5800 we've established a tweezer bottom reversal but still do not have enough support to consider this a strong reversal. To remain in an upwards trend we must break 6050 with conviction and our next level of resistance would be 6250. I believe we are still going to continue our downwards trend to sub $5800 levels. $5400-$5200 is my next target and am currently laddering into a leveraged short position.
BITFINEX:BTCUSDShort
by Kdomincio7
BTC Broke below Bearish TriangleBTC finaly Broke out of the Bearish Triangle pattern after 5 Months of consolidation! With the breakdown came the Sell Volume increase, which should take us down to at Test the prev. Low of 6k for BTC. We could see a short bounce before that at the 6500 lvl, but i expect a bigger Bounce at apx 5500-6000 range with a potential 25% return. Happy Trading ***This information is not a recommendation to buy or sell. It is to be used for educational purposes only.***
COINBASE:BTCUSD
by DonMaki
Btc road to 6k?In the yellow rectangles you can see the daily three black crows followed by a green small one followed by more downwards action. Also its been respecting the 236 fib ma really well but the difference is, it wicked of the previous 2times at ATL. This time its staying right above it which acts as a good temporary support. This is looking scary to me so i expect more downwards action. Now ofcourse we can also just go up i wouldn't mind that! :D Im thinking 6k will be the lowest low but it can always go to 5500. I am not a professional also do your own research! :)
BITFINEX:BTCUSD
by Tondy
Bearish and Bullish targetsWe are currently in an ascending triangle formation. Though this pattern can occasionally lead to a breakout, there is not much volume to confirm a continuation of an upwards trend. I have closed my long position and entered a short at 7625 with a stop set at 7689. With our current standing, I assume Btc will find support in the $7300 range and if that is broken our next support is $7200. If we fall past that expect a new low below 7055. If my charts are helpful to you in any way please check out my telegram... t.me
BITMEX:XBTShort
by Dominciok
BTC/USD: The black hawks down? Hey ravers! Maybe I'm beaked again, but I see the up-trend too weak. Keeping in mind that btc is in a bearish market since the beginning of the year, we shouldn't be too optimistic about this short bullish rally. The chart speaks for it self. BTC should go up to test the 100-MA resistance, but the fact is that it has failed to surpass the 7.7k line and that could take the most important cryptocurrency to drop to the 50-MA and prove its support. Also, the RSI is getting to the over-bought area, which means that btc could eventually drop in the very short term. I'm just learning, but I see a double top and two uptrend lines that could be tested in the following sessions. Let's see. Peace.
BITFINEX:BTCUSD
by Oboogie
Dash Coin is ready to breakout !! Dash is almost at the bottom. From past 5 months , the DASH is dumping hard. Now the price is at buying zone. In past the price was going to moon from this level. Chart already looks great to breakout, because Falling Triangle Pattern, which is a bullish reversal pattern. RSI is almost nearly to oversold zone.. But the price needs to break this resistance trendline to start its rally.. So there is a lot of chances that, DASH starts its bull run.. *****If You Like My Ideas,then hit the like button & Follow me for Latest Updates..****** Disclaimer: I am not a financial advisor. Please do your own due diligence when it comes to investing. Never put in money that you cannot afford to lose. ***This information is not a recommendation to buy or sell. It is to be used for educational purposes only.*** " Be Happy, Be Disciplined & Keep Smiling "
by iamiyaranjan