Bitcoin Price Action.With Bitcoin price action moving higher I thought that I can share with you my view on a Daily chart with some simple market geometry and some fib measurements which contain some critical levels including the golden zone fight that we keep on seeing since 2019.
What caught my attention is the second break of the white trendline but not with as much significant volume as the first attempt. In my eyes, this next move is exactly what we need if we want to see that 2019 high challenged. It has all the ingredients for a plunge to the 14k pivot where we faced a very big resistance last year and the algorithm participation was incredibly precise. Bitcoin has 2 more significant pivots to break (14k, 20k) until we will be again in a no man's land and the FOMO will kick in. Stay close, manage your asset classes accordingly. Don't risk more than you are willing to lose!
I wish you guys a wonderful week!
Bitcon
Long until the $11,400 USD: Bitcoin prediction!!!
There are a probability that Bitcoin is goes to the go back to $10,400 USD. So, the crypto-market is more volatil that never we see operate trading and we reccomend to invest 0.02 or 0.01 BTC lots, and not more 0.03 or more becuase we need a 2% of risk, becuase now Bitcoin is so volatil and we need t lot risk to trade, the most confortable is using your capital and know your risk to loss and earn to earn money.
That pattern is so bullish what we see in H4 timeframe, and that mean a possible continuation of the trend in H4 timeframe, in case that Bitcoin goes to break up the $11,400 USD, we could to see a Bitcoin more higher too.
So guys, in this situation the market is become more volatil and so, for that reason, is so difficulty to trade as Bitcoin have volatil conduct.
So, I do not add any position in long or short. the most is wait if the price goes to $10,800 USD and hope a bullish candlestick with other opportunithy to long.
bitcoinall the signs sees that Bitcoin about to head to 20k or maybe more but as you all know can't be so sure, it's Bitcon so let's wait and see what happen next week.
if bitcoin goes down its more likely not going to stop until it rech 4k or 3.5k
Bitcoin - scam PA on the weekendYep, fake pump on Saturday and fake dump on Sunday.
Let's wait for the US stock market open. ES! futures opens 've opened positively (+0.4% atm).
Ideally need to get back above the red line to start a small relief rally (to $9110 lol or $9300 if lucky).
Hit the "LIKE" button and follow to support, thank you.
Information is just for educational purposes, never financial advice. Always do your own research.
Bitcoin Weekly Bearish Signals. Likely to go lower
Today I will show some weekly Analysis which is showing many Bearish signals.
Firstly the RSI has a weekly bearish Divergence. This is a bearish indicator as we are likely to move lower. (Marked by purple arrows )
Secondly There is a bearish engulfing candle which indicates bearish momentum (Indicated by green arrow), you can find more about the pattern here: www.investopedia.com
Short Term Sell, then short term buyHello guys,
This is what I see happening with XRP right now. Anything can happen and we will adapt to what the market is telling us.
The first white rectangle is our first buy zone. Price can come down and bounce around .1856 --- It can, however, come down to the second rectangle and create that double bottom. To move to the upside targeting the top of the pattern and potentially to a higher zone.
We will watch how the market reacts. Pattern identification and price action are key in these zones.
BitcoinSV - The Flippening - Part 6 - DecentralizationBITFINEX:BSVUSD : Strong Buy
Analysis Method: Fibonacci & Wave Theory
Near-Term Target: $1,400
Time-Frame: 30 Days
Bitcoin SV is the original Bitcoin
It restores the original Bitcoin protocol, will keep it stable, and allow it to massively scale. Bitcoin SV will maintain the vision set out by Satoshi Nakamoto’s white paper in 2008: Bitcoin: A Peer-to-Peer Electronic Cash System.
Link to Whitepaper: bitcoinsv.io
Latest News:
The Bitcoin SV Scaling Test Network (STN) is often the place where records are made, and where Bitcoin SV (BSV) continues to prove how the original vision of Satoshi Nakamoto allows for unlimited scaling. On May 6, the STN was the place where two new world records were set.
We came upon the world records when Twitter account Global Bitcoin Watchdog noticed an STN block with over 9 million transactions . Shortly after, that record was smashed by another block, with over 13 million transactions .
nChain CTO Steve Shadders noted:
The STN is a tool for testing extreme limits of the Bitcoin network. Whilst this block wasn’t made under network conditions typical of the production network, it tested specific elements of extreme load scenarios. We are pleased to confirm that the Bitcoin software, in a globally deployed scenario, was able to handle this test with no noticeable service degradation.
STN Website: bitcoinscaling.io
Previous Analysis: BSV - The Flippening - Part 5
Link:
Pick-up form previous analysis...
High Wave Analysis:
- ABC Correction Sequence (Building a base)
- Correction Sequence was in 5 Waves (Strong Support)
Daily Chart:
-Primary Wave 1
-Added Fib-Time
-29 Days till Fib-Time Marker 5
Lower Wave Count:
-Primary Wave
Primary Wave 3 Trigger: $383
Primary Wave 3 Target Area: $300-$383
Will update.
Find more on FibMarketWatch.com
Don't Miss The Wealth Transfer - From Fake Fiat, To Real MoneyIf yo don't see why gold, silver, and other REAL assets will be extremely bullish in the next decade, you must be sleeping. I don't have time to explain the 100+ reasons why the current global fiat monetary system will fail within the next 10 years.. but if you are interested, her is a good place to start your education:
www.youtube.com
The fundamental reasons are obvious, and now the technical analysis supporting it which is getting me pretty fired up. Now that we have broken above the bearish trendline, I do not see much else in terms of resistance.
Next update will be at new ATH, hope to see you guys there.
Best of luck, hit thumbs up.
Bitcoin CME Futures (BTC1!) - April 8As the closing price was created at the 7195 point, a gap occurred.
You must get support at point 7045.
You need to see if it will rise to 7385 to fill the gap.
If it does not fall below the 6860 point, it is expected to eventually rise to near the 7760 point.
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I think the current situation is not very good to understand the overall flow of the coin market.
Accordingly, it is time to focus on selling rather than buying to preserve profits.
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"Like" is a great power for me.
I will try to reciprocate with better information.
Thank you for always supporting.
BULLISHHEY. TONE VAYS IS BULLISH. IT MUST BE REAL.
LOOK FOR A BREAK TO THE UPSIDE ON THIS FALLING WEDGE. I'M NOT SO SURE IT'S A BEAR FLAG/PENNANT. BTC HAS BEEN BREAKING THESE BULLISH RANDOMLY SINCE THE CRASH.
ALSO. CHECK THE 50/200MA ON THE 2-DAY. CAN'T PUBLISH IT HERE WITHOUT IT BEING 'PRIVATE' -BUT EVERY GOLDEN CROSS IN BTC HISTORY HAS CAUSED A BULL TREND ALMOST RIGHT AWAY.
-WILL BE WATCHING THE PA CLOSE.
**MARCH 29 - 31 ARE SIGNIFICANT DAYS IN BTC'S CYCLES. SIGNIFICANT 8 YEAR CYCLE -2012, BTC HAD A 50.200MA GOLDEN CROSS AND ENTERED A BULL TREND GAINING %5258%.
WE'RE EXPECTING A GOLDEN CROSS IN THE NEXT 12 - 36HRS
SENDING OUT A FREE ANALYSIS FOR THE PRICE OVER THE NEXT MONTH. SHOOT ME YOUR EMAIL AND I'LL SEND IT TO YOU.
WHAT'S EVERYONE LOOKING AT HERE?
All the story around 5650$Morning folks,
We have a lot to tell you about the BTC market, but it takes too much space here, so better if you visit our forum and read/watch it. I try to do it in two words:
1. We do not believe in "V" shape recovery of the market by many fundamental reasons.
2. It means that we keep our 3.3K long-term target valid and treat current action just a temporal pullback.
In short-term 5665 lows (A-point of butterfly) has vital value for direction. As you can see we re-shape our butterfly, made it more extended as price has changed the shape a bit, but its target stands the same - 7873$ level.
Market has to go up right from here, or it will not go up at all. This makes situation relatively simple to trade.
Bulls - could consider long entry around 6K level, where bottom of the right shoulder should be. Stop has to be below "A" point, which is invalidation of the butterfly. Target is either AB=CD based on H&S, or if you're really lucky person - our XOP target around 7873$;
For the bears - you should wait either for butterfly failure or completion of upside retracement. In first case you could use Stop "Sell" order below A point, somewhere around 5.6K. If market erases butterfly - it continues downside action.
Good luck to everybody.
EXPECTING THAT THIS ARE THE START OF BULL RUN 2020!I expect that this can be the first start of the bull run for 2020! and I expect major changes in the crpyto cycl after many studies I have done on the market, before the market went down today, I had indicated an update to anticipate this, but this is certainly not a bad news, I expect The start of a new bull run 2020 from this corection.
Next 3 points are very important.
1. whale effect
2. trends/news
3. Data
--------> E XPECTING THAT THIS ARE THE START OF BULL RUN
As the trend looks down --> the whales can any moment breakout it with huge amount, as on this moment there is large usdt transfers to exchanges.
Hotbit are a important exchange for next time for btc.
I WILL UPDATE SOON MORE DETAILS ABOUT THIS TREND.
if you like my post pleas give it a like, and for more updates follow my channel
# for private signals contact me.
Have good day