BTC price actionBTC broke ATH. put/call ratio in the middle shows indecisiveness of market. will sell if it goes below 0.70 price above 50 and 200 ma fibo looks good, possible retracement below 1 in the next couple of hoursby proxnavam111
Right shoulder BTCEURDear santa, this is my prediction, can it be true? What is see in the end of 2020 is the right shoulder rising up on the daily time frame. Big things will happen! Longby mottainaire0
btceur 60000 per bitcoin if break out of ATH is like in 2017in 2017 the fight against previous ATH from 2013 at 1100 resulted to rally with 5 Waves and 20x gain. Some Alts were at 100x and more. This time could history repeat and but we will not have 20x, at most 3x as of volumes are too big. But altcoins could gain 100x and more as of there are more trading pair at very low prices, where one two bitcoininvestment could shot any alt like it was last months with DeFi ones. Longby viparmenia0
BTC making a bullish flag on the daily chartAfter getting close to ATH, Bitcoin cooled off a bit to gain some momentum. It is now forming a bullish flag and we're about to test its resistance. A successful breakout will for sure take us to the new ATH. If we fail, we will likely test the support of the bullish flag at around 14,000 EUR. What's your take? Let me know below your thoughts.Longby carvil_Updated 0
Bitcoin AnalysisLast time I shared my analysis I highlighted a Weekly demand being visited by price and reacted to the upside. In most cases this indicates that long orders were picked in the zone where the majority of orders are, in the base of the demand zone. Interestingly we now see that a Daily demand zone has formed on top of the Weekly; again a bullish sign and it looks like institutions/marketmakers are accumulating positions. However we're trading here and the market can do anything; we should always keep this in mind. Trading is an odds game and with the two signs just mentioned (reading supply/demand imbalances and PA) the odds are in our favor to the upside. Personally I'd place my stoploss just below the distal line of the Daily demand zone. Longby MRD-ZCT1
The danger of buying at highs3 Years later nothing changes, and a new opportunity to cheat newbies on the same level. Shortby Lu4x0
triangle break ...potential to crash lower... we are below HMA and BB basis on daily an 4h chart... lower BB band on 4h is broken...Shortby renodonor0
BTC,The bear session is coming..Not an expert,actually im still learning trading,but from what I see,this is a bear sign.by UnknownUnicorn84293900
BTCEUR ExperimentI'm not a trader. So, a little reminder to myself about not to panic sell in December. Buy & hold. Only trade the wave with small amounts and when I'm in a good mood.by EZ89Updated 0
How strong are the buying urges of the ins.companies?Hello beautiful person! So, these are really troubling times ahead, with a large holiday season coming real fast along with end of year. This month December is associated with expendure of cash and last chance investing before end of year. Will this be different, because of the covid and lock downs? will people buy less stuff for the holiday season? Will they rather invest some of the money rather than buying? just saving? or not affording to spend or save? Whilst these question keep buzzing around my skull, what are the institutional companies doing, their strategy, when BTC are starting to lose steam and are looking into a correction? WIll they keep buying the dips, hence minimizing the correction? Or will they allow the correction to play out in order to buy cheaper BTC? or worse, will they play along with the correction and sell along with the whales, hence steeping the correction even more in order to fill their lower buy in orders? At this day of age its hard to know, because we are in uncharted territories now in regards to really large players in the BTC market, and they tend to have different strategy than private investors and traders. Alas, the TA so far tell me that BTC have lost some steem and we are looking into a correction. However, I will not sell any BTC at this point, even if we will correct; because I believe 2021 will be a great year for crypto. If it correct, which I believe it will, I will buy some more. The price level I will look at is: - 15500 Euro, if this holds, and TA looks stronger, I will buy here. If TA still predicts a correction, I will wait to buy for next likely support. - 14800 Euro, Same strategy as above but it has stronger possibility to be supported and will probably have a small buy orders here. - 13800, this is a critical support line, because if this breaks the double top pattern is complete and indicates a strong correction. If this support breaks, we are looking for a larger drop, and this support line is a place I will be watching closely. If this holds, this support line could be a good bounce to move upwards. BUT like I said before, these are really uncharted territories with these heavy type of investors, and trading now is risky, at least how I see it. I still believe strongly in BTC and will continue to invest. Stay safe and hope you all are having a great time. by egilagre2
The candle that you see is a shooting star !!!The candle that you see is a shooting star !!! The price shall going down.by Terranova1010
horizontal resistance break... We already break horizontal resistance and upper Bollinger Band on 1h chart ... on 4 h and daily price hold above basis Bolinger Band... RVI and RSI rise ...short pozitions on exchanges falling... that looks bullish to me ... Longby renodonorUpdated 0
Ascending triangle from BitcoinAscending triangle from Bitcoin with upwards movement.by Terranova1010
Bitcoin May Vibes (Start of alt season?)I'm seeing similar vibes to May for the BTCEUR pair. A consolidation at this range would be an extremely bullish sign for Bitcoin, also allowing room for some money flow into Altcoins again. Let's see what happens.by yinandyani0
On balance volume still looks goodOn balance volume is still looks good. Bitcoin is still in the trend.by Terranova1012
If we break the trend line bitcoin go to 15354 euroBTC-EURO : If we break the trend line than we can go to the 15354 euro.Longby Terranova101444
How I think Bitcoin Might Go From Here. HODL.There's no guarantee in anything. But I think something similar to this is very likely. The price might not go down, so don't sell it, cause you might miss a big upside. Just keep holding. Traders, do your own thinking. I'm here trying to make some predictions on very simple resistance and support levels. My idea is to keep it simple. Might do more of these not only for bitcoin, but stocks too, so If you liked my thinking and I would be right, follow.Longby erikagigyeUpdated 3