Tradingbtc
Looking for purchases on the BitcoinRejection in the resistance sell zone and bearish guideline possible rebound at 38.2 of wave 2-4 or maybe 50%. Taking into account that it has been able to complete the uptrend and go back to wave 2 levels. Meanwhile we enter long in low time periods ensuring operations.
BTC bearish outlook continuesBTC price action continues to adhere to it's bearish swing trend.
Although we have seen flatter swing trend than before, price action still passes through it's support level of 34,800; thus forming a lower low 4hourly swing pattern.
The retracement wasn't ideal as price did not retrace back to above 40,000; thus forming a lower high 4hourly swing pattern.
Trade setup observation:
Price is likely going to retest it's flatter swing trend. In the event of false breakout, short entry has an opportunity gain of 13%.
*Kindly note that these are my opinions and does not constitute as financial advice. Opinions can be wrong! Please seek professional advice before investing.
DGB/USD Gives Buy Signal DGB Digibyte is one of the few cryptos that we have scanned and see a Buy Signal given with our Oscillator crossing above the Zero LIne. The last time our Oscillator gave a Buy signal the price went from $.02 to .038 (90% return) in less than 2 months. On this move we expect to see a retest of $.038. We have a position and are adding on pullbacks.
VGX (Voyager) Trying to form a Reversal Here!VGX is trying to reverse the downside movement with a potential Reverse Head and Shoulders or atleast a Higher Low. If price can get above .16
then .22 becomes next upside target. Momentum has stayed above the zero line during the recent pullback and if momentum can start to
accelerate here then .22 could be hit rapidly.
BTC/USD Hi everyone,
A short idea about BTC/USDT
We have a falling wage inside of the triangle which is possible do not play out how supposed to do; because of the Triple MA which is showing us bearish sign , but time will tell .
We have a bounce from the base of triangle and is possible to see a small fake out from falling wage until is touching 9165 to close the CME gap and where is gonna be rejected by 50 MA ( 4H )
On 1D chart we can see a hidden bearish divergent !
Here`s all my thoughts ! Trade responsible !
Just be careful how you trade !
See ya` !
First signs of a turn for the AltcoinsThe chart of Bitcoin Dominance is showing the first sign of a much needed pullback which of course means a rally in the altcoins from the abyss. This does not mean an end to the bitcoin run but it may suggest that the crypto sphere is about to all move higher together. We posted an article 2 days ago about BTC has reversed it's sell signal and looks ready to move higher. We gave an analysis on Bitcoin Dominance and a few alts. You can go to our twitter feed for the article or visit our site in our profile and search for "volatile reversal" for the article.
A Deja-Vu Move for BTC!It has been a long time since my last post here and today I have decided to share this BTC idea with all of you.
Before you jump to conclusion, I will like to point out that these moves are not an ABC nor Elliot Wave.
I just wanted to point out the BTC moves so far, and for me it looks something like : BTC in a mirror in slow mottion or like I mention in the tittle : BTC Deja-Vu !!!
I can't wait to see how this is going to play out for BTC!
Buy, Sell or Wait it's up to you and only you!! Stay safe and happy trading!
BTC is losing strength! Aiming to 9200$ area?!I still believe that BTC will go down before it will make another move up and here is why:
REASON NR.1
I know it looks like a strong support and I agree, but bears are dominating so far and it's just a matter of time until they take control.
REASON NR.2
As you can see the price is below all important MA, which indicates that BTC is losing strenght!
REASON NR.3
RSI is below 50 and has break out on the down side of triangle!
If you liked this idea don't forget to give it a like! Until next time!
Bitcoin (BTC) on Verge of Sell Signal!Our proprietary Oscillator is giving a sell signal if price closes at or below the current price on a daily closing. LTC, ETH, XRP have led the crypto market to the downside with SELL Signals back in July of 2019. Bitcoin BITSTAMP:BTCUSD remained the last remaining major crypto to remain a hold up until today. Today may be the start of a move back down to $8,000 as first support.
Tezos XTZ is just on the verge of a BUY signal.We have been watching Tezos for the last few weeks and price almost gave a BUY signal on July 10th but failed and now XTZ is making another run to the zero line and if it successfully pops above the line then a BUY signal will be confirmed. H/T to BitInfo12
PPT generated a BUY signal today!PPT (Populous) has been in a downtrend all year and today it has generated a BUY signal provided it stays at or above the current price. We over laid our Proprietary Oscillator to show that momentum has been building to the upside even though price has gone sideways for weeks.
Dogecoin generated a sell signal!Dogecoin has lost it's momentum and looks ready to accelerate to the downside.
We are not providing financial advice so please do your own research!