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08-11-2019 Ruptura del canal a la baja en pleno desarrolloEl precio de Bitcoin rompe la parte baja del canal en el que tiene consolidando casi dos semanas. Naturalmente la mayoría de los bajistas esperan un clavado a los 8.000$ por lo menos. En el gráfico diario podemos ver que la nube ha estado haciendo un importante trabajo de resistencia, no vemos más que sombras dentro de la misma mientras el cuerpo de las velas han estado siempre por debajo de la nube. La media exponencial está 8.691$, pero si el movimiento consigue momentum bajista es poco probable que haga labores de soporte, estando tan cerca del rango. Esta será precisamente la cuestión importante: ¿Podrán los bajista confiar en una bajada categórica teniendo tan presente el último engaño? Aparentemente es algo que comprobaremos pronto. En el momento de escribir este artículo el RSI pasa al lado sur por primera vez desde el inicio de la última consolidación. Necesita mantenerse de ese lado y el precio también necesita quedarse cercano a los 8.000$ durante algún tiempo o seguir bajando para concentrar esperanza a la baja. En este momento las circunstancias se están desarrollando, es necesario estar atento a la forma final de la vela del día de hoy y su volumen. Te invitamos a formar parte de nuestra comunidad, en la que revisamos estos datos y debatimos diferentes puntos de vista, colaborando en el proceso para que cada trade desarrolle su propia línea de pensamiento, de la manera más eficiente y adaptativa posible con respecto a sus propias características. discord.gg ______________________________________________________ 1. El mercado de criptoactivos es extremadamente volátil. 2. Los objetivos son el alcance potencial esperado, no garantizado. 3. Los niveles de resistencia y soporte son elásticos, no estáticos. 4. No podemos aconsejarte cuándo entrar o salir de un trade, solo proporcionamos la configuración tal como la interpretamos en el momento. 5. Los traders nunca deben operar con más de lo que pueden permitirse perder, ya que cada operación se basa en posibilidades, no en garantías. Recuerda que siempre puedes hacer clic en el botón "compartir" en la esquina inferior derecha de la pantalla, debajo del cuadro, y luego hacer clic en "Hacerlo mío" en el menú emergente para obtener una versión de este gráfico que puedas explorar por tu cuenta.
BITSTAMP:BTCUSD
by greencandlecapital
#bitcoin - 3D, D, H4, H1Good morning Traders, let´s have a quick look at our trading-range today. The little pump yesterday has given a lot of people a little heart-attack cause they feared they will miss out the pump up to $ 12 k or higher. Some facts straight, if you look at the Daily chart it becomes clear where we are stuck at the moment and why. Not only the price is ranging between two important MA´s (100 and 200), it is also stuck between the Monthly and not very well known Quarterly Pivot, that has been major support for the recent intra-consolidation descending triangle. So? Have we produced something major bullish yet, that justifies a swap from swing-trading and low-interval scalping to hodling? The answer is no. We need to leave this range between $ 9 k and $ 9.75 k and break that P-Q AND the trendline in order to be able to go more over to the green side. Watch those levels and take what is given in between until the big move happens (unfortunately either direction is still very possible). Also to mention: We are stuck in the 3D Cloud and yesterday´s try to escape the Daily, failed so far. Happy trading. Neru
BITMEX:BTCUSD.P
by Gl4diator
1
GOLD 1W & 1D perspective. Hello traders, This is my first public speculation on gold so take this with grain of salt like any opinion but this its what I see . I normally trade cryptocurrencies and post about crypto but some assets I can trade with BTC and AU its one of them. I did made some profitable trades going long in long trades and going short on gaps. I'm not a big fan on going short unless we are in bear market and its obvious direction in long perspective . I have strong feeling that gold has bright future with current market situation . If you are new to my post I'm invested in BTC witch I got in early when everyone was scared to enter and posting Doom scenarios. I on the other hand have bean accumulating and planing on staying that way for some time and have goals in mind but that is different story and not the topic . So as we can see gold its barely holding to 1M pivot and hitting weakly support levels. It can go up a little from here but in longer perspective I believe drop its coming , We are leaving high node area and not much action under until the demand area . I'm looking on golden ratio level to bounce from and I think this will most likely happen under current price moves. Gold had nice run witch its not over but its time to pull back IMO and check the demand area to confirm more uptrend , If we just keep going up from here that makes thinks even better. Traditional markets are Hot and extremely hard to get grip on even for the best speculators out there . Can DJI hit new High who knows. 08 recovery happen way to fast and IMO and was not covered by anything beside FED constant print and throwing USD to the market to make it look good, will see how long they planing on doing that . With that in mind we all know how historically people flea to AU when market hits the fan . Long story short Im looking on going long from golden pocket and I will be watching that area to enter longer trade . Making more Digital gold with traditional assets its my long time goal as investor. People always say buy gold and I say buy gold mines .. ( Yes I buy mineral rights and keep doing it. I love prospecting there for I have no interest buying gold at all when I can go and dig it out ) As always only think you control its how much you loose so Risk Management its everything in this game . Please share your opinion and let me know what you think .
TVC:GOLD
by PTO
BTCUSD H4 chart (9/6/2019)Good morning, traders. Price finally began pushing up a bit later into the evening, yesterday. I'm still looking for the $11100-$11200 target. But traders should make sure they're watching the yellow box. That's $11050-$11250 which is the ascending light grey dotted channel resistance to the descending red dashed 2.5 month resistance. Based on the height of the orange local TR, the target should be close to $11190. H1 Stoch pulled back a bit and now has room to pop. H4 continues to have a good bit of room as well. The H4 RSI is printing bearish divergence. However, there is still 2h left in the candle so it's a possibility, but not a done deal yet. That being said, I wouldn't be surprised to see it print as I am initially expecting a pullback at the confluence of resistance overhead. What I find very interesting at this time is the H6 RSI nearing a break of its 2.5 month resistance. It seems more likely than not that we may get a good pop when/if that happens. Daily continues to look good after the two dojis, other than the Stoch RSI being so well into overbought. But as mentioned multiple times before, it can remain this way for weeks. You might've noticed the ascending pitchfork is a bit different. I changed the final anchor to what I believe may be the end of wave 2. In doing so, the current possible end of wave 4 is almost lined up perfectly. If that's the case, then we usually expect wave 5 to target a parallel line from wave 1 or wave 3. The shorter blue target is based on the height of the symmetrical triangle that has been printing since June and the larger blue target is based on the height of the flagpole if this is a pennant. Note that the latter target aligns with a parallel line from the end of wave 3. Until price actually gets above the descending red resistance and the June swing high, we don't have to think about these larger targets much, but just keep them in mind if we head up sooner rather than later. Don't forget the D3 printed and confirmed hidden bullish divergence with the last candle which also confirmed the hammer reversal and was bullish engulfing. Finally, weekly hidden bullish divergence confirmation is in play with the weekly candle printing a large bullish engulfing at this time and RSI pushing through its 2.5 month resistance. Stoch RSI is attempting to cross bullishly on this TF as well. But we still have another couple of days left in the weekly, so no counting chickens before they're hatched. Starting next week our Bitcoin market analysis and morning video updates will no longer be free. However, we are providing a significantly inexpensive option for traders who are members of our free Discord. Benefits include access to our premium Bitcoin channel where Bitcoin market news, info, discussion, trading tips/tricks, and analysis is provided throughout the day and night by TWC and our members, multiple daily video updates and live streams, and discounted full premium access just to name a few. If you are interested, be sure to join the free Discord and look in the announcements section for details and pricing. ____________________________________ Be sure to hit the "thumbs up!" Every day, we have a choice to act positively or negatively, so if you get a chance, do something decent for someone today which could be as simple as sharing a nice word with them. You just might change their day, or even their life. You can always click on the "share" button in the lower right hand of the screen, under the chart, and then click on "Make it mine" from the popup menu in order to get a live version of the chart that you can explore on your own. When you do, be sure to explore the other TFs to see what I'm watching on those TFs.
COINBASE:BTCUSDLong
by Chris_Inks
20
BTCUSD H4 chart (9/5/2019)Good morning, traders. Nothing has changed since yesterday's update. My expectation remains to see price targeting the green daily supply/R2 pivot/descending resistance area and ultimately $12000+. At this point, the H4 chart shows us that the only thing that has happened is that price has been consolidating at the local TR's resistance/R1 pivot as we would generally expect after a Spring below the TR's support. In terms of volume and candle spread, we saw them both expand as price rose and we are seeing them contract as price pulls back and consolidates, suggesting further moves to the upside. H4 Stoch RSI bounced off the bottom of oversold and is attempting to cross bullishly. H4 RSI remains bullish at 64.5 and is curling up. Zooming out to the daily, overall volume has continued to contract as price consolidates. This adds support for the thesis that a possible ABCDE triangle may be printing. If that's the case, then we should expect a move to the descending resistance to complete the D leg and an ABC pullback to complete the E leg. After that, volume should begin expanding and candle spread increasing, especially as price crosses the descending resistance. After more than two months of consolidation, this could lead to quite a pop so traders should be paying attention. Daily Stoch RSI is overbought, however it can remains so for quite a while. On the previous move up it remains overbought as price rose 50%. All this being as it is, price has not definitively made a move in either direction so traders must remain cautious as this consolidation comes to an end. Remember, we don't trade what we want to happen, we trade what the chart says is most likely to happen at that time, and then we make sure to employ strong risk management in case we are wrong. If you are trading any other way, then you will lose much more money than you ever make in the market. In this case, the larger picture is the 2+ month consolidation. Confirmation of price's movement out of the consolidation should be the trigger to enter, not what's happening inside the consolidation. If trading right now, then you should be concentrating on shorter TFs and looking for smaller profits. ____________________________________ Be sure to hit the "thumbs up!" Every day, we have a choice to act positively or negatively, so if you get a chance, do something decent for someone today which could be as simple as sharing a nice word with them. You just might change their day, or even their life. You can always click on the "share" button in the lower right hand of the screen, under the chart, and then click on "Make it mine" from the popup menu in order to get a live version of the chart that you can explore on your own. When you do, be sure to explore the other TFs to see what I'm watching on those TFs.
COINBASE:BTCUSDLong
by Chris_Inks
4
BTCUSD W1 chart (9/4/2019)Good morning, traders. The D3 candle closed as a massive bullish engulfing candle which confirmed the reversal indicated by the previous candle close as a bullish hammer. Yesterday's D3 close also confirmed the hidden bullish divergence on that TF. This should indicate further movement to the upside. Additionally, the weekly is in the process of confirming hidden bullish divergence as well. It is only Wednesday, though, so with half the week remaining anything can still happen. But it's pretty safe to say that if the weekly confirms the hidden bullish divergence at close, then we should most likely be looking for at least a few weeks of bullish momentum. Remember, hidden bullish divergence is a continuation indicator. That means that when it confirms we should generally expect price to continue its bullish momentum. In this case, it has been confirmed on the D3 and may be confirmed on the weekly, which are both large TFs indicating that the effect should be substantial. Weekly TF shows that price has remained within the Andrews Pitchfork's outermost extended channels while currently engulfing the previous candle's body bullishly. Additionally, the weekly RSI is attempting to move above its resistance while Stoch RSI is curled up in oversold, nearing a bullish cross. Traders should continue watching volume, especially on the daily and larger TFs. At this time, it continues to contract as price consolidates, suggesting a possible symmetrical triangle is being printed. If we see expanding volume and candle spread on these larger TFs, then we should expect price to continue in whichever direction its going as it prints. As a reminder, price is doing nothing other than consolidating at the 2018 TR resistance. The weekly 21 EMA continues to rise up to meet price and the VPVR nodes start dropping off as price hits $10800. Daily price action is consolidation on top of the pivot, above the daily 21 EMA. RSI broke thorugh its resistance and is currently nearing a retest of resistance as support. A successful retest should have price initially targeting the descending resistance in the daily supply below the R1 pivot. The target for the descending red wedge seen on my daily TF, if you make it yours per the instructions below, is around $12300. ____________________________________ Be sure to hit the "thumbs up!" Every day, we have a choice to act positively or negatively, so if you get a chance, do something decent for someone today which could be as simple as sharing a nice word with them. You just might change their day, or even their life. You can always click on the "share" button in the lower right hand of the screen, under the chart, and then click on "Make it mine" from the popup menu in order to get a live version of the chart that you can explore on your own. When you do, be sure to explore the other TFs to see what I'm watching on those TFs.
COINBASE:BTCUSDLong
by Chris_Inks
3
BTCUSD H4 chart (9/3/2019)Good morning, traders. Price has continued to follow the path outlined in Friday's analysis. While I did not post publicly yesterday, since it was our holiday weekend in the U.S., I did leave an analysis for our premium Discord members. At this point, price is confirming the weekly and D3 hidden bull divs. RSI is now above its resistance on the daily and D3, and it is attempting to push through on the weekly. D3 Stoch RSI has crossed bullishly in oversold and the weekly Stoch has curled up and is nearing a bullish cross. The D3 price last printed a hammer candle suggesting a reverse may be in the works and is currently confirming that possible reversal with a large-bodied green candle which closes at the EoD. Although we have seen expanding volume and candle spread on the daily so far, volume continues to contract overall so traders should remain cautious that this could just be a bounce. At this time, price is above the daily 21 EMA and is finding resistance at the pivot. Price is back above the TR's EQ and has broken above the red descending wedge's resistance. This should have price targeting $12330 which would break the descending triangle that everyone has been obsessing over. It will also print another higher high. Remember, price has been printing higher lows and highs since the July 17th swing low. Zooming into the H4, we can see that price stopped just shy of the supply EQ/R1 pivot at the top of the local black TR. H4 RSI and Stoch RSI are overbought, suggesting a possible pullback toward $10150. However, it is possible for us to see price consolidate in the current area before pushing higher as well since H1 Stoch RSI has bounced off the bottom and is just pushing out of oversold. It all depends on the demand. Once above the local TR's resistance, price should be targeting the R2 pivot, above the large TR's resistance, just below the green daily supply's EQ and the large descending resistance. (NOTE: This was written for our premium Discord members who received it earlier. Price has continued up from the point of consolidation at this time, rather than pull back toward $10150.) ____________________________________ Be sure to hit the "thumbs up!" Every day, we have a choice to act positively or negatively, so if you get a chance, do something decent for someone today which could be as simple as sharing a nice word with them. You just might change their day, or even their life. You can always click on the "share" button in the lower right hand of the screen, under the chart, and then click on "Make it mine" from the popup menu in order to get a live version of the chart that you can explore on your own. When you do, be sure to explore the other TFs to see what I'm watching on those TFs.
COINBASE:BTCUSDLong
by Chris_Inks
1
BTCUSD H4 chart (8/30/2019)Good morning, traders. While Kraken didn't register a bullish SFP at daily close yesterday (missed it by $6), the rest of the exchanges did. So we should consider Kraken an outlier. With an SFP printing yesterday, price should head higher, and so it has into today. However, volume remains lackluster at this time. There was a spike in volume right before yesterday's daily close. The very local M15/M30 TR that price is currently consolidating at the top of should provide a target of around $9800. While price is struggling with Stoch RSI on the H1 and lower TFs, the H4 remains primed for a larger move up after RSI printed bullish divergence. On the H4, we can see price finding resistance at the H4 supply block just above the S1 pivot. In the bigger picture, price has actually found its way back into the larger TR. This failure of price to follow through to the downside, as I warned our Discord members, means that we should likely expect a bounce. However, until we see confirmation of a reversal, that's all it should be seen as for the time being. A solid push through the $9800 area should have traders looking for price to target the TR's EQ at $10000. The next step would be the EQ of the orange supply at the top of the TR at $10530. If we see expanding volume and candle spread as price hits that upper target, then we should expect price to likely continue higher toward the $11300-$11450 range at the R2 pivot/descending resistance. Don't forget, the U.S. has a three day holiday weekend with many people taking off today as well. So we could see a drop in participatory volume which may lead to some strong movements this weekend. Trade safe and remember that the only thing you control in the market is how much you lose. Risk management is the single most important thing you will ever learn in trading. _____________________________________________________________ Be sure to hit the "thumbs up!" Every day, we have a choice to act positively or negatively, so if you get a chance, do something decent for someone today which could be as simple as sharing a nice word with them. You just might change their day, or even their life. You can always click on the "share" button in the lower right hand of the screen, under the chart, and then click on "Make it mine" from the popup menu in order to get a live version of the chart that you can explore on your own. When you do, be sure to explore the other TFs to see what I'm watching on those TFs.
COINBASE:BTCUSDLong
by Chris_Inks
3
BITCOIN: What comes after this boring range ? Hello dear traders, Let's keep it simple. In our previous idea , we had considered a retest of the 10100 zone before initiating a move of a higher magnitude. The area acted perfectly as support and we closed this very short term trade with good profits. Let's proceed together to a new analysis: Trading plan: - Daily close >10400 and I think we will see 10800 and 11400 quickly. - Daily close below 10088 usd, and I think we see a retest of 9800 and potentially 8750. A StopRun is also possible, showing a halt in the decline towards the low 9k only. Be careful, the level of 10,088 usd is a monthly level which will therefore have to be redefined with September open level. - Short-term bias: Neutral waiting for the trading range to break. - We highly recommend to avoid intraday trades considering this lack of directionality. - For live updates on btc & alts, and for free trade ideas, follow us on twitter and youtube (Fresh launch of two channels: English channel with English & French subtitles, and one channel in French only). Daily: a/ Market structure: Macro Bullish structure still intact, but neutral for the moment since the price evolves in a trading range between 10400 and 10.100. We didnot close under the monthly open and didnot break the support, so the idea of a swingshort didnot trigger. A daily close above 10400 and we will touch up the 10800 area very quickly, with a target of probably 11400. However, as a reminder, a bearish swing could appear if there is a daily close before the end of this month under 10,088 usd bitmex. b/ RSI: Neutral. c/ MACD: Under line 0, and under bearish crossover. A crossover bullish could happen soon. 4 hours: a/ Market structure: The price also evolves in a range, of smaller amplitude between 10200, and 10100 approximately. A H4 close beyond the mentioned boundaries allows a rapid movement to 10400 or 9900. This would be an intraday opportunity, which could be part of a larger daily movement that can finally trigger. A test of the 10,400 would not be a surprise for me. b/ RSI : Neutral but found some resistance and brokedown an ascending trendline. c/ MACD: Bearish crossover, and near the 0 zone, all without momentum. Neutral. Cheers!
BITMEX:BTCUSD.P
by SubvertoTradingClub
2
XBTUSD H4 chart (8/28/2019)Good morning, traders. Yesterday I spoke of the short term possibilities based on current action and how it could lead into longer term possibilities. But I warned you to take it one step at a time. So here we are today and not a whole lot has changed in the overall movement of the asset. As such, we will zoom out once more and pay attention to what I feel is most important at this time. This means we are going to look at the H4 chart. Here is what I'm watching, more than anything else, at this time. This H4 chart shows the top of the 2018 TR (green horizontal line), summer TR (black horizontal channel), and local distribution and current accumulation(?) TRs (orange horizontal channels). As I have continued to mention for a while now, the H4 RSI moving above its resistance is likely to be the indicator to go long for a pretty decent move, and it remains the single most important long indicator I am watching. Stoch is bouncing off oversold and is curled up. Within the local TR, we can see that price has been supported by the TR's EQ, and the lows continue to push higher. This is all happening on the larger TR's EQ. In both cases, this tends to most often be bullish as it shows that demand is significantly present in relation to overall volume at those levels. That doesn't mean we just YOLO long, however. We need confirmation via expanding volume and candle spread as price rises toward the top of the TR. The blue zone is demand and orange is supply. Price is currently attempting to push through the 21 EMA and the pivot. OBV has continued to rise while price has traded sideways in this TR suggesting that smart money may be accumulating. The nearest upper green box target at the R2 pivot is based on the height of the current local TR. The green box target at the R4 pivot is based on the height of the triangle. But there are two possible triangles playing out right now. Those targets are based on the larger one. If the smaller triangle plays out, then we should expect price to drop through support and print a Spring for the larger TR. In that case, the green target box between the S2 and S3 pivots is based on the height of that triangle while the green target box at the S4 pivot is based on the height of the flagpole leading to that triangle/bear pennant. _____________________________________________________________ Be sure to hit the "thumbs up!" Every day, we have a choice to act positively or negatively, so if you get a chance, do something decent for someone today which could be as simple as sharing a nice word with them. You just might change their day, or even their life. You can always click on the "share" button in the lower right hand of the screen, under the chart, and then click on "Make it mine" from the popup menu in order to get a live version of the chart that you can explore on your own. When you do, be sure to explore the other TFs to see what I'm watching on those TFs.
KRAKEN:BTCUSD
by Chris_Inks
2
BTCUSD H1 chart (8/27/2019)Good morning, traders. Price may have bottomed out this morning at $10033 which is just below the general low I mentioned that price may hit before reversing back up. I'm not a fan of the expanding volume on the individual drops, but overall supply volume has continues to contract significantly through the entire move down from August 25th's swing high suggesting, at minimum, a bounce. The 15M RSI printed bullish divergence at this morning's swing low but its important for traders to watch for RSI to push through its resistance on the 15M, 30M, or H1 TFs. Speaking of the H1, price printed a nice bullish hammer reversal which was confirmed by the previous candle's large green candle body. The initial target is the ~$10360 level with the possibility of a larger move up to ~$10660 following that. As we can see, price is currently held in check by the H1 21 EMA. If price can close above that EMA and the descending resistance, then we need to see continuing expanding demand volume and increasing candle spread as price moves up. If we don't see that, then traders should proceed with caution as price is likely to turn around and head back down again. The secondary, higher, target takes price above the descending channel resistance and triangle resistance, setting up a target of the ~$12600 level, just above the current H1 R4 pivot. At that point, $14200 becomes much more likely. But traders should be taking this one step at a time until they see confirmation of demand in control. And, as mentioned above, that confirmation will come in the form of expanding demand volume and increasing candle spread as price rises. Never trade what you want to happen; always trade what the chart is telling you is happening. _____________________________________________________________ Be sure to hit the "thumbs up!" Every day, we have a choice to act positively or negatively, so if you get a chance, do something decent for someone today which could be as simple as sharing a nice word with them. You just might change their day, or even their life. You can always click on the "share" button in the lower right hand of the screen, under the chart, and then click on "Make it mine" from the popup menu in order to get a live version of the chart that you can explore on your own. When you do, be sure to explore the other TFs to see what I'm watching on those TFs.
KRAKEN:BTCUSD
by Chris_Inks
1
BTCUSDT D1 chart (8/26/2019)Good morning, traders. With price continuing to consolidate, as mentioned last week it's more important for traders to zoom out. The daily shows us that price was printing lower lows and highs until the June 17th swing low. Since that time, price has printed higher lows and highs. However, price has moved sideways for the past two weeks with price printing wicks below the local TR's EQ, which is just above the larger TR's EQ as shown. The D3 RSI is attempting to move above its descending resistance as price attempts to close above the 21 EMA. However, the current D3 candle just opened today so there is a lot of time left in it. Weekly RSI is still attempting to confirm the recent hidden bullish divergence but it is also nearing its own descending resistance. As a matter of fact, the daily, D3, and weekly RSI should be watched. A close above these should be an indication that price is in another uptrend. There was strong volume on the move up last night as the H4 candle pushed through the 21 EMA on that TF, but price has yet to follow through. That doesn't necessarily mean it won't, but traders need to remain cautious as a failure to follow through should see price reverting downward. At this time, price is finding support on the H4 pivot at the HVN and just above the 21 EMA. This has the H4 RSI attempting to move above its resistance. Shorter terms traders should be watching the ascending H1 RSI support. Stoch RSI on the H1 has hit oversold and is curling up as Stoch on the M30 is doing the same. For now, a move up from here would have me looking for price to target the R1 pivot on the M30. This would be around $10800. The daily pivot sits just below that at $10750. The blue daily demand zone continues to be where traders should look for a support. If it gives way, then we can expect price to potentially push as low as the daily S1 pivot currently sitting at ~$8400. A close above the daily supply in the mid-$11000s should have price continuing in another bullish push toward the ATH. _____________________________________________________________ Be sure to hit the "thumbs up!" Every day, we have a choice to act positively or negatively, so if you get a chance, do something decent for someone today which could be as simple as sharing a nice word with them. You just might change their day, or even their life. You can always click on the "share" button in the lower right hand of the screen, under the chart, and then click on "Make it mine" from the popup menu in order to get a live version of the chart that you can explore on your own. When you do, be sure to explore the other TFs to see what I'm watching on those TFs.
by Chris_Inks
2