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Tothemoon

Bad Day for Cryptos-May 23rd!How does this fit in the long term?I'd say, bitcoin/other alts, are technically on extreme sale right now, which is about to end the beginning of June! (That is if bitcoin sustains a level above 7000) MACD on 4 hr has been winding on and on since the first time Bitcoin hit 6000. At any time it could become pressurized enough to make a move either way. Why does it have to hold above 7000? -Psychological support, possibly a 3rd failed rally to break 12000, might mean retesting and breaking 6000, also 7200/7400 is a fib. support zone of the previous 2 major uptrends. Breaking bellow 7000, would be the bearish scenario. What I do see next is a potential formation to wave 1(Bounce). This won't happen immediately, it would most likely happen after a couple of days of stability in which buyers will potentially wake up and see the opportunity. My assumption is that Wave 1 could go all the way up to 9000 before wave 2. This would be the bullish scenario. As always, like, share or comment any kind of suggestion or addition to the chart!
Long
by step_ahead_ofthemarket
Updated possible bullish mid term scenario on DashThe red line is Bitcoin, and the axis shows percentages. Scrolling through the chart, we can see that Dash reliably follows Bitcoin's price with one major exception: when we entered the big bear market in 2014, after the Mt.Gox pump, Dash had quite a big increase in price (around April - June 2014). We might be in a similar scenario right now: Bitcoin had an intense pump and might need a longer cool off period, now. If history repeats itself, this might be the chance for Dash to go up. Trend line, as shown, is touched multiple times (happened just recently) and overall uptrend in the higher time frames is still intact. If this scenario plays out, I suggest to #btfd and enjoy the ride.
POLONIEX:DASHUSDLong
by allyouracid
1
BTC/USD - going up again?The last few days I would say there were lots of bullish movements. We went up very fast to 8800+- where we found a resistance in the form of the fibonacci reatracement( level 78,60% of the highest top) The possible reversal or re-run will be formed at approx. 8400$ where our trend channel is located. This trendchannel has finally been confirmed in my opinion due to four bounces on it's lower support. Still difficult to say where the prerun will take place. RSI --> curving back in between it's boiling bands from being overbought for a litte time. ( means normally that we will have a short correction downwards) When the Bitcoin finished the re-run and the bullish power is enough at 8800$ we should be able to break the resistance and the next target should then be around 11200$ This is only my opinion and should not be a buy recommendation or advice.
COINBASE:BTCUSD
by jakob.glechner
Bitcoin. Bull market. Correction Part Good night, everybody. With you your Matthew and today I will give you levels for long positions and levels for fixing short positions. I will also explain what is happening in the bitcoin market at the moment. We have entered a phase of growth, which I am now 100% sure of. The schedule is in front of your eyes, you can see it. Also levels to buy. Now we can go up a little bit, then go back to the levels. I also want to get ahead of myself. In the 3 ancient wave of growth, we will cross the mark of 20,000 dollars for bitcoin. As wave 3 always exceeds the high of the 1st wave of growth. Put likes and subscribe
BITMEX:BTCUSD.PLong
by TimurKuspanov
The end of the bearish trend. Trend reversal in bullish! Hi, everybody. This is the beginning of my first idea in a new trend. And we can say addition to the recent idea. Here I solve all the issues related to the previous idea. And so the divergence of 1 Day will give us a correction on the chart. At the same time, we formed a triangle in wave 4, the standard situation. Since we have highly extended wave 3 the pullback will be deeper. The failure of the 5th wave is also associated with the change of the usual pulse to the terminal pulse, as well as the formation of a reversal triangle entangled my cards in my hands. And so I have no more factors to think that this is not a trend reversal. I think it's a growth market. This is a daily and swing strategy. The levels for the correction ladies later
BITMEX:BTCUSD.PLong
by TimurKuspanov
Full wave and technical analys of bitcoin. TO THE MOON? Hi, everybody. This is my final bitcoin trend analysis. I spent most of my time watching the situation for a month. Complementing it bit by bit. And so will begin the analysis and I'll try to convey my arguments at the beginning of the upward correction: 1) the End 2 ancient impulse wave. We have at least 2 waves. I run far enough, but this is my opinion at the moment. As you can see, the price couldn't break through this signal line and it has become our support. 3) according to the rule of alternation, everything was done, namely 2 wave was represented by a flat correction, 4 represented by a zigzag 4)according to the rule of elongation received 3 stretched wave relative to the first. Also the length of the 5th wave is relatively equal to the length of the 1st wave of the fall 5) Rule of pacenote. 5 standard truncated wave after a strong wave 3 6) the Rule of divergence on a reversal between waves 3 and 5. As you can see made 7) Rule of acceleration. The correction crosses the signal line faster than the formation time of the 5th wave. Done 8) Analysis of the internal structure corresponds to the end of the cycle 9) the Main criteria for the closure of the structure. Breakdown of the price signal lines 10)Volumes in the fall 2-4. I waited a few close to make sure he is right 11) the time factor on the basis of history. According to the statistics of the past fall in mid-April began bullish trend and crypto spring 12) breakdown of the downtrend channel of the Shifa Initially I was distracted by the fact that in small structures the wave structure was not completed. And that is what I said expecting a 5 wave drop. But opening my old chart of alternative scenario I saw everything exactly corresponds to my thought. I will give this schedule in comments. 13) In turn you can see why we couldn't go below. The signal line was more important than the horizontal level Also, I was hampered by the fact that we have not reached the level of wave 5, this factor has not been eliminated and is a stain in my thoughts, as well as bearish divergence on the chart at the moment I don't do 100% of the conclusions, but merely gave you the facts. In turn, I am confident in the correctness of my analysis and will consider long positions. Also, it is not necessary now on the basis of my analysis, now to enter into a long position. How and when to enter a long position, we will consider the following ideas. Now it is important to analyze the younger time intervals. This idea will be very useful for investors and long-term traders. At the moment, there will soon be a rollback of the movement and correction on the 1H scale. That's what we're gonna use. Wait for the update.
BITMEX:BTCUSD.PLong
by TimurKuspanov
Projection above moonOlá. Temos a IOTA numa visão geral interessante. A pesar da tendencia de queda no momento ela ainda está acima de uma linha de tendencia de alta LTA antiga. Infelizmente o preço não resistiu e perdeu o suporte pouco acima dos $1,00. Com isso veio testar e LTA. Agora temos uma situação. Temos em todas as Criptomoedas em tendencia de BAIXA, mas particularmente eu acredito que estamos indo pro fim dessa estação de quedas. Se for assim temos uma grande possibilidade do preço ir começar ir novamente pra cima. Temos muito espaço pra IOTA subir. Eu espero ela acima da casa dos 20 dolares. Porem ela tem que fazer sua parte. A IOTA precisa mostrar serviço e entregar uma carteira e uma aplicabilidade pratica pra ela. Se isso ocorrer logo esse ano ainda podemos ver a IOTA quem sabe acima dos 50. Então vamos ficar de olho e comprar pensando no futuro. Temos boa possibilidades.
BITFINEX:IOTUSDLong
by hmv.live