Xbtlong
Bitcoin Entered Decisive Phase $20,000 or $6000Bitcoin is pretty much harmonic in past few month. Many Bat and Gartley patterns are successfully printed on the chart. This time bitcoin is showing the formation of Bat pattern which is mostly likely to touch two very important levels 11300 and 12000.
Intresting facts is that last two pattern printed by bitcoin are both bearish patterns which is holding support levels around 9500. This support and resistance levels (showin the chart) are also forming descending triangles roughly which is makes my analysis more contstructive.
What I advise is that we should hold bitcoin for atleast 11300 level because bitcoin is about make a bigger move in this year end which will be defining the next year support level. Dont hesitate to hold bitcoin inspite of daily +-$500 movements.
I believe the same scenario of 2017-2018 will be repeating it self, bitcoin will be touching greater price levels after breaking out from the descending triangle pattern.
I am keen to hear from you, what is your idea about bitcoin in last quarter ?
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$XBT $BTC all short term targets locked !! What's next?Here I put a chart about longing Bitcoin with my own fractal that I was using!! 12%+ up. max leverage 10x would have already doubled your portfolio too.!!
A weekly close above 9k will make is also really bullish!! Don't fight the market trend. :)
Enjoy profits
Here was my Idea :
Next one will be 996x for me. Idea here :"
$BTC Halving targets : 44000$ :)Well its about time FACEBOOK, GOOGLE, JP morgen and all these have started to understand the value of BTC. Lets see how it goes in 360 days.
Not saying it wont go down or Just long now. But it's overall what I think might happen. Enjoy your time here.
DYOR. :) And Let's see next year what happens. I am a holder for $BTC. I will be holding it because of this. It's in uptrend now and Bullish, Not tethering for at least a few months.
It's going to stay here forever !!
Just a rought Idea in next chart with Gold's ETF tho:
$BTC Pridiction : Lama's Dragon!! Shocked ?Hey,
I've been charting for a long time now. I am good at maths and have written papers in Fractal mathematics, Things Repeat itself and we tend to ignore the beauty of it.
I;ve been following this pattern right now for a few times now. It worked for more then 5 times and everytime, it's a replica of itself.
I am pridicting the analysis and I couold go horribly wrong. But I am trying, Without trying things doesn't work out.
Last prediction of mine boxing was perfect as well as some of the meme lines I made were pretty accurate to long and short. :) If the curve for dragon's Tail is formed, I will long again.
Right now I have 2 cases, Either it will be made just above or here itself. But it will be forming.
Bitcoin's drawback optionsBitcoin has made a great push but is a little over extended now. BTC needs to check back before continuing much more forward momentum.
MACD is headed downwards, RSI is topped out, and NVT is at the highest levels BTC has seen. The Ichimoku cloud shows BTC headed back to retest the cloud (IMO).
#1: First BTC is looking to check back to the 7200 range from here will be the first look at if BTC wants to make another swing up.
#2: However, if bitcoin doesn't rebound we could likely see bitcoin drop back to #1 for its support check (read more below).
If #2 does happen we could see some small support at 6650 has this is developing from the 4H Ichimoku cloud. Also, drawing back to #2 does not mean we are headed back to the depths. This test could be a healthy check to ensure the market has decided to keep moving ahead as if this level is not held a lot of momentum will be lost.
Thanks for reading.
Tell me what you think below and please leave a like.
Long Bitcoin as predicted at the start of the week. I see bitcoin is turning a corner. Since Feb 2019 we have seen a 100% gain in Bitcoin. While I expected Bitcoin to reach 7K by the end of July. This move is quite distinct. I think it will push higher as the retail sector is more short than long. Alot of the posts by the authors are short bitcoin. i think the markets will head higher possibly a test of 8.8 to 9.6K USD. At this point they will go long and that's when the next short wave will begin.
Best regards,
Grey FX Empire
XBTUSD, long becouse there is too much bears on the market.I think market will go up. X-Volume shows to much bears on the market. Every long candle very easy selling. Bulls close theire positions with small volume. They are ready to redeem all sellers, they save up cash for this. Bulls target: 5230.
It's not rocket science - Master BTC EditionFractals can be misleading, we see many of them from both bulls and bears. Trusting a fractal is always tricky, but this here sure looks like the best weekly BTC fractal in a while.
1. BTC breaks the downtrend line with a rally to the 50MA
2. Price reverses at the 50MA and goes down to retest the downtrend line
3. The downtrend line now acts as a support, we make a higher-low and it all begins again
P.S. IMO The BTC cycle seems to accelerate itself (either linear or exponential), so I suspect that the fractal will complete faster and the new ATH would be lower than the one suggested on the chart!