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Whenmoon

BTC 12.11.19Nothing new to say here the bias is still obviously bearish. On the W time frame (even tho its only Wed) our current candle so far is looking like a bearish engulfing thats hovering over our previous indecision candle The past 18 weeks not only were we traveling inside of a bearish channel but every weekly close was bearish including the parabolic move that we had on OCT 21st where we closed with a Dark Maul bullish candle and even tho it was a bullish close the candle itself was still considered bearish. Hence why around that time i stayed away from going long and instead we ended up going short. Anyways in order for the trend to reverse we need to close above 9,500 The start of the reversal could be considered at 7,800 Daily- we just wicked towards the upside. Bulls did not have enough buying pressure to get above our dotted trend line or even the Weekly Resistance at 7,350. Currently this looks like a bearish retest. The bearish Target on BTC remains at $6400 Please be careful trading with High Leverage as I'm sure you guys have noticed the unexpected extra long wicks on BTC
BITMEX:BTCUSD.PShort
by cryptosharkk
BTCUSD Housekeeping, Zoom out for clarity!Been a while since we looked at bitcoin, that's cause a lot of sideways move makes for boring reviews. So here we go after the recent dump we have removed some clutter out of the chart and zoomed out for a bigger picture type of trade opportunities. What's new? -Bitcoin is approaching what we believe is the strongest resistance line going back to its first ever parabolic move -Failure to hold this line will see us crashing hard into yet lower lows and most likely revisit 7000 ranges -As time passes with more and more drops we being squeezed into an ever tight channel and 10000 becomes support the bulls don't wanna drop What's the Good News? -Well, one could short until 10000...will take some balls, or paws! -A trend reversal is always looming, the RSI is extremely oversold, flirting below 30 -Targets for the Bulls should that rally come 10900, 11400, 11800 -Breaking the sloping resistance could see us retesting 12300 failure to breach it would see us rinsing and repeating the same old trend As always Trade Safely, Happy Trading! Words from the skeptical: Bitcoin is nothing but a Ponzi Scheme for the moonboys, this is not financial advise, I am nothing but a moonboy!
COINBASE:BTCUSD
by ChartPicasso888
BTCUSD Blast past 12000 and back!As predicted on our past post "BTCUSD Either way we going up...What's the Top Though?!" anything above 12000 we deemed it as a bonus and just like that we got rejected heinously at 12300 and fell in a massive landslide of almost 7%. Regardless the bulls are still in control, for now, and the sloping resistance line is merely tentative, for now. We now holding steady as of writing at 11700 and climbing, whats next? A re-test of 12000-12300 range Failure to hold above this range will see us fall further down towards old support ranges. Targets: Support - 11600, 11200, 10900 worst case 10200 Resistance - 12000,12300, 13200 and best case 13800 My take: I am currently long until a clear sell signal AKA Death Cross Signal currently miles away until further drops i would hate to be squeezed out of a parabolic move. The RSI still looks healthy for the bulls, nonetheless if one is in profit this would be a great range to take some profit off the table. A word from our sponsors: This is not by any means financial advice! As always Trade Safely, Happy Trading!
COINBASE:BTCUSDLong
by ChartPicasso888
BTCUSD...Guess that was the top...for now!Like text book we failed to breach 11000-11200 range and we now as of writing back to 10600 and falling, play your cards close to your chest though as this may very well be a fake-out to squeeze longs out as well. My last post has the whole story, it may be found on the chart itself or related posts, be kind to have a look, not much to say right now. BEAR TARGETS aka support ranges: 10400,10200,9700, worst case 9000 BULL TARGETS aka Resistance ranges: 10700, 11000, 11500, best case scenario 12000. Please note that 11300 to 11500 has so much confluence is not even funny. A word from the Greats: Rome was not built in a day, take your time with this Trades. As always Trade Safely, Happy Trading!
COINBASE:BTCUSD
by ChartPicasso888
BTCUSD Either way we going up...What's the Top Though?!No matter how we look at it we look at it the bulls are in control after breaking the 10700 mark on the first attempt. We now well poised to climb towards 11000, breaching this could see us on our way towards 11500 and possibly the holy grail of the current rally at most likely 12000, anything above this should be considered a bonus. Please note this would needs to be catalyzed by a breach of 11000-11200 marks. Now onto the bear side, failure to hold 10700 might see us tussling with 10400 again probably ascend from there, failure to hold 10400 will see us drop further towards 10200 and hopefully hold fort there otherwise 9800 isn't too far away. Rinse Repeat i guess. Words for the wise: This might happen all in one swift long fast candle as well, so have your running boots while you sleep! This is by no means Financial Advice! All things considered, Trade Safely, Happy Trading.
COINBASE:BTCUSDLong
by ChartPicasso888
2
BTCUSD Trapped in another slow downtrend!After breaking to 10200 as expected, we again trapped at yet another potential slow downtrend towards 9800, 9700,9600, 9400...bottom line we have created so much confluence with indecision there is no clear signs of a major break. Bitcoin is now trading more like a stable coin than the volatile monster that we came to know. I will be adjusting the orange slopping resistance as the trend paints a better picture of direction, the rest have been playing in line with the trend so far. Play your cards close to your chest, buy what you can afford and dump only at a profit, do not feed the whales. That said Trade Safely, Happy Trading. A word from the greats: This is by no means financial advice, I am just but a foolish bull!
COINBASE:BTCUSDLong
by ChartPicasso888
2
BTCUSD When things are this smooth and obvious! Should we worry?We just set another lower high, unless the Gods of Bulls charge from thin air expect us to continue meandering down. Predicted moves are still holding with the addition of a tentative support at 9600 failing to hold this on our way down will see us registering yet another lower low before long. We are currently trading on thinner support and resistance range, so ready your guns for an eventual definitive move most likely downwards. I will be charting some new lines in the near future so far the ones in the chart currently are plenty helpful. Yet, plan in advance and don't ignore to be optimistic with the bulls, that said, Trade Safely, Happy Trading. A word from a wise swing trader: Do your own research, this is not by any means financial advice.
COINBASE:BTCUSDShort
by ChartPicasso888
BULLS not out of the game yet - Bitcoin! (BTC)Hello friends, traders, everyone! I'm going to try to get a few charts out today.... So to keep it short I have made the graphic portion of this analysis easy to read.... IDEAL long entry as always is 62 - 79% retrace... I was hasty with last retracement...this is always the tricky part of fibs. The Fib Circle resistance rejected BTC at the apex with speedfan resistance (downtrending) and channel resistance (uptrending) Good luck traders!
COINBASE:BTCUSDLong
by vox-populi
2
BTCUSD 4-12 hours away from major break! 14k re-test looming!WE have since broke the 12400 barrier and now dancing well below 12800 once that shatters we have a frictionless path towards 14k, expect massive sell off and triggers at that region. This region also presents a major question. Do you sell for profits or HODL to the moon, if you have the guts to strap in we might be well posed to moon past 14k. As always bring your best trading tools into the battlefield its about to get messy. Happy trading.
COINBASE:BTCUSDLong
by ChartPicasso888
Quick look at BTC - Patience is the name of todays game..I'm seeing people confirming bull markets and other (dare I say ridiculous) statements floating around the internet, as happens every time price moves up. Unfortunately, most people can only see what they want to see.. Granted, this is a significant move, but at the moment I don't see it going much higher anywhere soon. The bottled up hope that is released by the whole space every time bitcoin goes up a few hundred points may again be the fuel added onto the selling fire.. We topped around the top if the gray resistance box, where if you were in this trade should have taken at least some profit at that point. The entry signal printed yesterday, when the ribbon turned bullish after having seen bullish L2 and L1 signals. If you missed the trade, you're late to the party. Now we wait until the indicator prints either a red dot reversal signal and we get a reversal candle to go short (and this happens at the highs..). Or for price to pull back to the ribbon and for a L1 signal to go long. Either way, at the moment I would not consider entering any positions, as this smells like a trap… So now, we wait.. Patience is key, if you don't have it, you should not be trading.
BITSTAMP:BTCUSD
by DariusZen
1
Bullish on Bitcoin? Please think twice... Earlier today, we have shared on our Twitter feed, that it’s really hard to be bullish at the moment. Let’s discuss why. First and foremost, we want to point out that bear markets often take much longer than the average person thinks. We are very skeptical about the many reports in which 'top traders' or 'experts' state that we have hit the bottom. Our Elliott Wave count seems to confirm our feeling. Since July 2018, we are working on the third and final wave of the decline. However, we can only count four clear waves and, as you know, an impulsive movement must always consist of 5 waves. This is the reason why we are so skeptical about a possible bottom. In addition, it often happens that a second wave retraced to 85.4% of wave one. This means that we could see a decrease to $ 2871. It is no coincidence that there was a reasonable amount of bottom formation here in the past. A decline to this point would make us very happy and that is also the moment when we go all-in again. We are pretty sure of our Elliott Wave count so further explanation isn't necessary at this point. Only a move above $4190 would change our opinion. And you know what they say: "A picture is worth a thousand words". Happy hunting! PS: Please don't hesitate to tweet us about your questions! We're always at your service.
BITSTAMP:BTCUSDShort
by LunarExpress
Still not a buy for ETHHello ETH traders, If you've been following my work, you know I have been patiently waiting to make a trade in ETH and that remains the case. For lols, check out this post I made: I was expecting the opportunity to come soon after writing that, but it didn't. Instead, I haven't made a trade in over a month! I don't think since I've been trading I've had a spell like this. I'm okay with it. I am not going to force anything. Thankfully, enough money was made when I could trade. Be patient and your wallet will become very thick and develop an impressive musculature. -YoungShkreli
BITFINEX:ETHUSD
by CantorTechnologies