If you are like me, you trade mostly using the 4h and 1day chart, sometimes looking at the 1h chart. But we rarely take a look at the big picture being shown on the 1month chart which could provide very good pattern recognition signals. Take a look at the shooting star candle on for December 2017, when bitcoin reached an all time high and then crashed.... Take a...
Could Bitcoin be forming a pennant on the daily chart? if so then we will soon reach the ATH and beyond...
"Bitcoin Coinbase Pump (or dump) ", is an indicator I created and it shows when purchases on Coinbase are peaking. It has made me lots of money since I created it because it is useful in identifying when the large institutions start buying! Lately Coinbase has been catering for institutional buyers and some trends are emerging when these institutional buyers...
decisive suppost at 32k - If bitcoin closes below this support on the daily - sell and short aggressively.
Ethereum will touch resistance line twice more before going parabolic long
Classic triangle formation before continuation...
If BTCUSD closes below 34.7k on the 4 hour chart I will short aggressively, whilst if it will break above 39k I will long with a low leverage.
The above analysis shows btcusd is no longer in a general uptrend, the moves we are experiencing are minor and will not in any way affect the long term bias of btc
Bitcoin in an Ascending triangle expecting to break out to the upside soon?
Pay attention for this pattern, if bitcoin goes closer to the red line it would complete a bearish head and shoulders pattern and would mean that the top, at least temporarily, has been reached. I don't know what is going to happen, I am just warning you guys to pay attention. Trading at these prices is making me dizzy!!! - I still have to get accustomed to...
Great trading indicator, is showing how BTC will work, the Lifechanging cashout trading indicator is showing that Bitcoin will encounter some resistance soon, retrace a bit and will later continue it's ascent. I will let you know when it starts showing the 'cashout' signal where you should sell everything. But for now, it's not flashing you, so we stay in...