USD-BTC
SAN USDHere you can see the situacion SAN USD each move to support is buy , the coin is chip undervalue and investors feel a chance , by the reason slowly buy but we can any morning see absolutelly difrent value :-)
BTCUSD 4HIn my opinion BTCUSD is going to move down, 0.618 or 0.5 fibo is possible.
Please pay attention to the oscillators at the bottom of the plot.
"!" marks indicate places where price moved down to be supported by the green EMA line.
Please check my other predictions of cryptocurrencies , ETHUSD:
Using Leveraged USDEUR QE Pair to Supercharge Outlook on BitcoinIt seems as if the USDEUR still has room to move as central banks (they are the largest forex traders worldwide) have not stopped selling EUR (www.bloomberg.com) and are still apparently accumulating dollars with abandon (www.wsj.com). IMF data to be released Tuesday may confirm many trader’s thoughts that CBs are still accumulating greenbacks. This can supercharge a BTC trader’s long/short strategy, since the relationship between the pair components will likely move with more volatility than the individual currencies themselves. This also (shameless plug) shows why you should be trading P2P in addition to (if not instead of) using centralized legacy exchanges). If you want to go into Monday long BTC buy it with the EURUSD pair, leveraged 60x (receive BTCUSD=x and pay EURUSD=x). Despite recent reversals in the USD, the medium term “force” is still higher. Conversely, if you want to go in Monday short BTC, create the contract as receive USDEUR=x (long) and pay BTCUSD=x, again at 60x leverage. Each contract should contain no collateral (if just for the day’s trading session) with the expectation of at least 50% chance of capital exhaustion (being unwound due to hitting max P/L). To extend past Monday’s trading, add collateral as needed (at contract’s creation). I would expect a ~91% net return, net of fees, on this by EOD Monday (if you picked the right side of the trade). Download the P2P trading wallet, quick start guide and spreadsheet to model the trades here veritaseum.com
BTC USD Long in the short termBTC USD rebounding strongly off of a 275 low earlier in the week. Main target for this leg of trading will be in the 390 area. This point harbors the crossroads between 1.618 fib, medium term down trend and short term up trend lines. The degree of retracement off of this high will be an important signal to the outlook for BTC USD in the medium term. Targets off 300 and below still remain a possibility. As price stands now this movement could be the beginning of the new bull run or the final leg of decline for the long term down trend.
Bitcoin on a nice reverse after dropping under 295Looks like we found a new support around $334 - I've got a long open since 310 and aiming to hold this position until 365. we've got a strong reversal about to happen but unsure where it'll lead us and how far up it'll go.
I re-approached my positioning last night when the price was at 319 and I was still confident in my positioned unit. if we see the value of bitcoin drop under 330 again we might be stuck betwee 299-330 as a support for the coming weekend.
due diligence and you'll notice a change in your trades.