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Btceuro

Bearish Wedge Plays Out Nicely! Here's what they won't tell you!WOOOOAAAH ! What a time in crypto. As I have lined out here the bearish wedge played out nicely and what a good time it is to be short. Market sentiment was rather bullish and as expected a correction was due. What kills me is the moon fans that seem to never learn but instead follow their favorite YT personality. The 2 scenarios I saw a lot on here was we are going to the moon or I'm shorting at 6k. Yet, when traders seem to have the same idea the opposite occurs. With so many traders waiting for BTC to reach 6k to short, the market proves it's time to start shorting now.Being stopped out several times during this uptrend it was the smarter move to keep entering short positions. The problem with new traders is first they're long then they're short what no clear direction of which way this market may turn. the typical mindset is I see A GOLDEN CROSS and now it's TIME TO BUY. After seeing this huge mega candle we shall see where the market takes us before entering into a trade. Take care and trade responsibly. - Meta
BITFINEX:BTCUSD
by Metaskriptz
4
BTC USD SOON BOTTOM!!!! BTCUSD monthly view: From 1 february 2018 it s situated into a huge falling wedge which is a reversal pattern.What means this? When we break this pattern(wedge) we will see upward movements and BTC will be switched from bearish to bullish(We will see some gains in BTC+Altcoins) At the moment we have more room to drop,is very important to remain above neutral zone to be bullish in long term.To have a nice bullrun we need SMA/MA below PRICE to acts as support. RSI below neutral zone which will confirm this bearmarket and it s situated into a falling wedge. In near future market will not be too volatile. Stochastic RSI Oversold Keep in your mind,firstly is a falling wedge which is a reversal pattern so yes..we will not go to 50-300-600 or 800$.2nd important thing is RSI is situated also into a falling wedge if price will go to 600-700$ RSI will go below 15. 3th important thing,don t believe in big traders(With much subscribers) because can be payed to make huge FUDs and fake news. Guys only accumulate strong coins! Good luck
COINBASE:BTCUSDShort
by CryptoC77
7
A reversal expectedI would expect a reversal between Nov 26 and Dec 11 due to a several factors 1. 14 RSI in oversold zone 2. 21 RSI hit a trendline 3. We are approaching Fibonacci time extension next week 4. One year cycle is about to hit December 11, in 2 weeks 5. Current weekly volume is less than during previous major drops - as compared to 5 Feb, 12 Mar and 11 Sep weekly drops and far less that key weekly reversal drop of Dec 18. So this is a minor drop as compared to those (something in the scale of 26.03 weekly candle, EMA retest as then) unsupported by corresponding volume. 6. We hit major trendline support level on weekly 7. Price hit and reacted at 200 EMA
BITFINEX:BTCUSD
by ICFX
One Big Descending Triangle - (BTC)Greetings fellow Hodlers of planet Crypton, Hope everyone is having a great day! :) Lets get right into it... From the chart you can clearly see how the price of BTC has been retracing ever since the good ol' days when it reached its all-time-high in early Q1 of 2017. There were several bull and bear periods throughout the year where the price surged then consolidated. Since Jan, the highs have been getting lower and the support has stayed @ approx 5750 Euros. Are you looking at the grass or the trees? If you are zoomed in too far… it is hard to tell the difference. Small things appear big when you are too close to them. 2017 has been one big descending triangle and there is a good chance that, (Spoken in an elderly mans voice; ''the great bull run of december 2k17'' will repeat itself as support has been found at 5750 Euros since June. These bitches hella bullish on that bullshit. Dont touch my crypto or i'll empty out a full clip Happy Holding :)
Long
by StephenGuilfoyle
Bitcoin 2018 Second Half AnalysisHello again trading freaks :P So, after a couple of months dedicating a lot of time drawing and trying to figure out what is going on with #Bitcoin (the big brother), specifically with #BTCEUR and #BTCUSD, now i think i'm ready to share a detailed track. You always need to look back in time to have a clear idea of where are we heading this second half of year. Right now i'm just sharing the big screen, but ill be updating possibles scenarios and sharing all #charts #patterns with all the fractals i've been discovering through time. So, stay alert, and give it a shot. Obviously, ill be sharing all the corrections that will probably need to be fixed trough time, but i hope this helps you out with shorts or long investments. Have fun! Jose Fiedler
Long
by CharterX
2
BTCEUR , Don't miss this opportunity to buy....BITCOIN/EURO Midterm forecast: While the price is above the support 4184.50, beginning of uptrend is expected. We make sure when the resistance at 7297.45 breaks. If the support at 4184.50 is broken, the short-term forecast -beginning of uptrend- will be invalid. Trading suggestion: There is possibility of temporary retracement to suggested Buy Zone (5110.00 to 4184.50), if so, we would set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (5110.00) Ending of entry zone (4184.50) Entry signal: Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Hammer" or "Trough" , in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons: Technical analysis: Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains. Relative strength index ( RSI ) is 36. Take Profits: TP1= @ 6299.85 TP2= @ 7297.45 TP3= @ 7930.55 TP4= @ 9236.95 TP5= @ 10740.80 TP6= @ 12166.75 TP7= @ 14229.35 TP8= @ 16780.00 TP9= Free
Long
by ForecastCity
5
BTCEUR , TP3 hit with 1940139 profit. NEW Buy Opportunity...BITCOIN/EURO New trading suggestion: *The price is in an up trend and we forecast the uptrend would continue. *There is possibility of temporary retracement to suggested support line (6299.85) , if so, traders can set orders based on Price Action and expect to reach short-term targets. Entry signal: Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Hammer" or "valley" , in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons: Trade Setup: We opened 9 BUY trade(s) @ 5514.00 based on 'Hammer in D2 time frame' entry method at 2018.04.07. Total Profit: 1940139 pip Closed trade(s): 678585 pip Profit Open trade(s): 1261554 pip Profit Closed Profit: TP1 @ 6299.85 touched at 04.12.2018 with 78585 pip Profit. TP2 @ 7297.45 touched at 04.20.2018 with 178345 pip Profit. TP3 @ 9730.55 touched at 04.24.2018 with 421655 pip Profit. 78585 + 178345 + 421655 = 678585 pip Open Profit: Profit for one trade is 7616.59(current price) - 5514.00(open price) = 210259 pip 6 trade(s) still open, therefore total profit for open trade(s) is 210259 x 6 = 1471813 pip Take Profits: TP4= @ 9236.95 TP5= @ 10740.80 TP6= @ 12166.75 TP7= @ 14229.35 TP8= @ 16780.00 TP9= Free Midterm forecast: While the level 6299.85 is not broken, the Midterm wave will be uptrend. Price may also reach 6299.85, if price reaches this level, we may enter by Daily-Trading-Opportunities, this entry depends on personal strategies. We will close our open trades, if the Midterm level 6299.85 is broken. Technical analysis: Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses. Relative strength index (RSI) is 64.
Long
by ForecastCity
BTCEUR , TP3 hit with 1940139 profit. NEW Buy Opportunity...BITCOIN/EURO New trading suggestion: *The price is in an up trend and we forecast the uptrend would continue. *There is possibility of temporary retracement to suggested support line (6299.85) , if so, traders can set orders based on Price Action and expect to reach short-term targets. Entry signal: Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Hammer" or "valley" , in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons: Trade Setup: We opened 9 BUY trade(s) @ 5514.00 based on 'Hammer in D2 time frame' entry method at 2018.04.07. Total Profit: 1940139 pip Closed trade(s): 678585 pip Profit Open trade(s): 1261554 pip Profit Closed Profit: TP1 @ 6299.85 touched at 04.12.2018 with 78585 pip Profit. TP2 @ 7297.45 touched at 04.20.2018 with 178345 pip Profit. TP3 @ 9730.55 touched at 04.24.2018 with 421655 pip Profit. 78585 + 178345 + 421655 = 678585 pip Open Profit: Profit for one trade is 7616.59(current price) - 5514.00(open price) = 210259 pip 6 trade(s) still open, therefore total profit for open trade(s) is 210259 x 6 = 1471813 pip Take Profits: TP4= @ 9236.95 TP5= @ 10740.80 TP6= @ 12166.75 TP7= @ 14229.35 TP8= @ 16780.00 TP9= Free Midterm forecast: While the level 6299.85 is not broken, the Midterm wave will be uptrend. Price may also reach 6299.85, if price reaches this level, we may enter by Daily-Trading-Opportunities, this entry depends on personal strategies. We will close our open trades, if the Midterm level 6299.85 is broken. Technical analysis: Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses. Relative strength index (RSI) is 64.
Long
by ForecastCity
BTCEUR , weekly update: Total profit 581745 in 5 days.Total Profit: 581745 pip Closed trade(s): 78585 pip Profit Open trade(s): 503160 pip Profit Trade Setup: We opened 9 BUY trade(s) @ 5514.00 based on 'Hammer in D2 time frame' entry method at 04.07.2018 . Closed Profit: TP1 @ 6299.85 touched at 2018.04.12 with 78585 pip Profit. Open Profit: Profit for one trade is 6142.95(current price) - 5514.00(open price) = 62895 pip 8 trade(s) still open, therefore total profit for open trade(s) is 62895 x 8 = 503160 pip Midterm forecast: While the price is above the support 4184.50, beginning of uptrend is expected. We make sure when the resistance at 7297.45 breaks. If the support at 4184.50 is broken, the short-term forecast -beginning of uptrend- will be invalid. Technical analysis: Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses. Relative strength index (RSI) is 51.
Long
by ForecastCity
1
At what price level (EURO) will BTC go through the red ellipse ?This chart drew it self more ore less. The red dotted arrow line that goes down in a diagonal, has the exact same angle as the green one going up. Looks like our red dotted friend is a pretty big resistance. As we look at the period it took us to go up, we seem to have some time left over to go down. Maybe there will be a C wave going up for a little while (€ 7022 max in my opinion) but in general I think we have to expect more of the down trend. See links below for more of my ideas !!
by UnknownUnicorn1065329
5
BTCEUR , Don't miss this opportunity to buy....BITCOIN/EURO Midterm forecast: While the price is above the support 4184.50, beginning of uptrend is expected. We make sure when the resistance at 7297.45 breaks. If the support at 4184.50 is broken, the short-term forecast -beginning of uptrend- will be invalid . Trading suggestion: There is possibility of temporary retracement to suggested Trend Hunter Buy Zone (5110.00 to 4184.50), if so , we would set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (5110.00) Ending of entry zone (4184.50) Entry signal: Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Hammer" or "Trough" , in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons: Technical analysis: Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains. Relative strength index (RSI) is 36. Take Profits: TP1= @ 6299.85 TP2= @ 7297.45 TP3= @ 7930.55 TP4= @ 9236.95 TP5= @ 10740.80 TP6= @ 12166.75 TP7= @ 14229.35 TP8= @ 16780.00 TP9= Free
Long
by ForecastCity
One more Push!Looking to a 30min chart, we can see that the bull run is confirmed. We are starting the 3rd wave of the larger degree. Let's look to a smaller degree, we are finishing the V wave of the smaller degree to complete the 1st wave of the larger degree. One more push to the 7600 will make me even more confident. Pushing to challenge the ii wave pivot, of the down trend ( in green ), would bring more confidence to the bulls and less to the bears Market Cap is growing steady, although we need way more volume to take us to the moon. After that, we expect an ABC correction. A good entry would be between the 50% to 61.8% fib Retr of the entire move, to start a long position. BTC is still finding some resistance breaking above 75 RSI. I'm just sharing my analysis. This is not an advise for buying or selling. To the moon ! Peace!
Long
by TheBigBadWolf