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BITCOIN | Uptrend Seems to Be OnUp Trend seems to be on as we have broken out of the trend line in both logarithmic and non-logarithmic scaled charts. Key things to take away from this: $6,400 level is a big support on the Daily Time Frame, if broken, down trend is on. Accumulation Zone is between $8,500 - $8,000. Halving event is 110 days away. If we break above $9,100 - $10,000 and $11,000 are the targets. Take it easy team. See you on the next one. ~Bo Bugra
Long
by MegalodonTrading
2
#BTC Resumption of the BULL trend after local correction!Colleagues, I am glad to welcome everyone! Yesterday, it was seen how buyers showed their weakness, therefore, decided to place limit orders for selling long positions at $ 9050 (Btc) and $ 176 (Eth), respectively. Congratulations to everyone who heeded my advice, they kept longs with $ 7900 and $ 136, and closed yesterday in, I think, an excellent profit. My decision was also influenced by factors such as: 1) The psychological level of $ 9,000; 2) KDT (rising wedge); 3) ma200 (on TF 1D); 4) Extremely strong zone of increased liquidity; 5) Testing the rH&S pattern 6) Fibonacci level 618 7) Bearish divergence (weakness of the buyer) (I wrote about this to everyone in my post on January 15) What we have now: as part of the correction, we tested the first locally significant support zone, which coincides with the median of the rising channel. Earlier, I wrote that $ 8460-8520 is an extremely liquid zone, from where you can try to get long. I expect the end of the correction and the continuation of the upward movement at the levels of $ 8100-8200 (2nd zone ma100). It is pointless and extremely stupid to open short deals, so I do not advise you to do this in any case. In any case, this action is the opportunity to buy a coin at a better price, so in no case should you be upset. The script will lose its relevance when consolidated below $ 7,700. Like, if you want, I won’t lie, if I say that I will be pleased: * Good luck to everyone! P.S. Subscribe to my telegram channel, link in status, or contact personal messages!
BITMEX:BTCUSD.PLong
by ScarletFlower
Bitcoin Bullish Scenario $9500 & 12500$ Target WorkingBitcoin Now Struggle at Resistance Level at $7700-$7800. If We hold This Price then We can see next Spike very Soon. and this Spike will be big. According my my Chart and DATA Next Spike would be 1000$-1200$ possible . Because Bitcoin Chart now Very Bullish and also 3 Day chart MACD also looking Very Bullish crossover. Guys We need to hold Above $7700-$7800. We can see one drop $100-$200 but this only for Liquidate fund for high Leverage . And this will again buy opportunities . Next key level Resistance is $8703 and $9300. And support: $7550 and $7150.
BITSTAMP:BTCUSDLong
by CryptoPatel
Precision macd divergence - Bitcoin's time-sharing top and bott I've been writing analysis articles on cryptocurrencies for the golden disk since 2018. There was not much experience at that time, i used the technical indicators I used in the stock market to analyze. After studying the trend, I found that the deviation accuacy of macd is very useful. At that time, several important stage head and bottom, are the appearance of macd divergence, the accuracy is very high, but also let many people have a understanding of macd divergence. So much so that a lot of people started imitating it, but I found that a lot of interpretation was not true. Divergence technology also has its drawbacks, in the case of a unilateral market, divergence will recur and disappear. So in the bull market in the first half of 2019, divergence softened many times, but the final formation of a definite signal was not very frequent. This is not a departure from technology is not good to use, the key question is, different trends, how to interpret the deviation reasonably. And, crucially, for the confirmation of divergence, many people make buying and selling decisions without signaling them, to the extent that mistakes occur. In recent times, the divergence technology has begun to charm again, from 5 minute charts to 2-hour charts, several top and bottom formations, all due to divergence.
BITMEX:BTCUSD.P
by peter-l
2
Bitcoin [BTC] Bears in Control: Oscillators + TriangleAll Oscillators are pointed south: The CMF on the daily flipped negative on the drop yesterday. The MACD is at a cross-section of a bearish shift. Moreover, the RSI is also showing room for further drop on the daily scale. The descending triangle with the Wick from the Xi pump could drive the price below $3000. While it seems far less probable, the descending trend signal a sell-off no doubt. The weekly oscillators have been pointing towards a sell-off as well!
BITSTAMP:BTCUSDShort
by nivishoes
1
Bitcoin will make a decision soon, Dont Pick your side yetSo as we clearly seen the bull divergence executed with a over extended great rally, however the rejection at top of the channel clearly failed to break. Bitcoin can Clear over head resistance and go to for new highs Or gets rejected here heavily and that will send btc trembling down with the best case as range if btc clear overhead its a good long, if btc confirm rejection here its a great short down I will personally wait for confirmation of either side before picking my side longer term, for now enjoy the great bull rally and lock your profits if you haven't already
by UnknownUnicorn2012266
2