I think ETH BTC will break resistence once btcusd hits its resistence just dont do too much leverage , give this some time... its inevitable !
Hello ada descended to some support It shows good setup for more Long up to 0.45 for next target
Hello just wanted to share my trading system since too many people stress a lot over bitcoin volatility and loose money, I also lost a lot in the past trading the charts with margin / futures. Today I have this simple trading system and I relax and dont care where markets go next and I been getting profits of about 10% average each month on bitcoin, ethereum and...
Macd and also RSI show bearish Divergence on 15 min and also 1h I marked this as short as there maybe some retrace and then buying the dip, the long term market is bulish for 2021 as ETH will get also focus from corporate investors as has happen with bitcoin I beleive it may drop to 675 then if that dont hold then 600, tehse are also boolinger loweer bound on 4H...
I am not drawing as i am on mobile note. The macd and rsi show bearish trend while price was going up Zooming out to 4h shows a cup formation and a handle is forming so guess it can have a small dip to about 18250 and then resume test ATH From recent news of previous days i think Miners may take opportunity to get gains again and may dump btc a bit however...
As indicated by vertical line on indicator KDJ the K or base stochastic is printing a higher low and and is expanding from a point where the 3 lines have touched I had a long position that closed in loss and now open long 110% the size of previous position Remember the overall trend is bulish this is just a normal pullback for btc set stop limit at 15900 for...
To the Moon then back to space station then Mars It is just a matter of minutes ,BTC have been with higher lows and now trading in narrow range, bears tried and failed to dump it , now institutions come in for "golden" bitcoin
The current price is not a bad entry, 18600 or 18500 since It has not fallen out of bollinger bands and probably wont even fall below the middle of the bands, so at most there can be a bit of retrace of this weekend to 18500 ... 18400 , 18300 a gift ... Then on early Monday with insitutions resumimg interest in BTC then it will probably breakout to test 2018 ATH...
traders have been reading it wrong it is not that 16K is rejected multiple times, 15500 .. 16 K has been tight range and when it does not come down it means bears are having little or no profit and not enough people are selling on spot, so the only way is UP
Btc is now trading over the yellow line connecting recent highs and basis currently at 15000 while that holds BTC has better chance of breaking up 16000 in near term because bears have less room for shorts, liquidity is low, recall that bitcoins are scarse, after halving many people and new investors are interested on BTC and traditional economies will recover...
It holds at lower bolinger bound it may do one more leg to 17 K that is a level other authors have calculated fib I dont expect then a big shake but to continue rally to previous ATH since liquidity is low and more institutions are now interested on bitcoin
the recent drops have not been lower than RSI 50 and to about the midle of bolinger bounds on 4H Keeps printing higher lows and 14100 will break sometime between now and Nov 16 targets 15K and 16K ABout elections thy happen to be every 4 years and bitcoin halving is every 4 years so dont think Bitcoin price is affected by elections it may however have temporary...
Since Yfi went parabolic then why not use a Logarithmic Scale - just an idea, it sounds has support on this scale
Just google about Uniswap it allows swap of tokens without fees send pm for affiliate link of futures and save on fees
Now that most people realise it is a correction and looks like there is support let the Party begin again ! forget about gaps just because it filled sometimes does not mean traders care about it, any coins not on wallets/spot are not real. send pm for info on how to save on fees and other tips
Note I have not professional trader, do your OWN research ! key points - 11400 multi year resistance - BTC is printing "knife" drop one after the other, confirming temporarily rejection to move higher - SPX struggle at resistance - BTC correction not complete, see related idea - The previous run from 9000 to 11000 generated too much FOMO, remember to 1 rule "buy...