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Btcsignal

[Btc Update] $6500 Isn't a question"Bitcoin Isn’t Down Because of China, It’s Down Because You Don’t Need It"; Bitcoin and many other cryptos aren't down because some news. As we look toward this next year with crypto, it's likely a large portion of coins will fail. If a coin isn't providing real world value it will be worth nothing soon. Personally I've never been too big a fan of bitcoin, projects like XRP & Vechain are more in my alley. So much speculation saying "bitcoin to $6500", I think you are right but fail to see the bigger picture. Bitcoin will hit 6k, If support doesn't hold we may see a tumble down toward $3500. Is bitcoin a shitcoin? Always do your own research before trading, only invest what you're willing to lose. I am not providing financial advice.
Short
by DotcomJack
Bitcoin - Undestand where we are and what may happen.Bitcoin is resting on pretty strong support for now but as more candles pile up on top of that white horizontal line it will get heavier and break. If we go up it may not be too much higher than the combination of the green trendline and 200MA. All the up moves we have been having will culminate once they hit the 200MA for now. One thing to count on is that you will never have too many green candles together or too many red candles together, so we are due for a green candle. Usually, it is 3 to 5 candles of one color before the other color makes an appearance. Over the weekend I notice that the 7K are is becoming stronger and stronger, in my opinion, we may drop as low as $6,700 but we'll come back to 7K a few times before we start going back up. Right now the 4K scenario is not in play at all so don't let anyone tell you we are going that low. It may become a possibility at one point and we'll talk about it once we get there. This is the long view of the road map so it is easier to see where we are and where we are headed. Now, some interesting charts I've created for you guys. Below you'll see the Crypto Total Market Cap, Which shows you how much money comes in and goes out at any given time. Money has come in over the weekend (About 10 Billion dollars) this chart and the next one below called BTC Dominance, give you a good leading idea as to where we are headed. I'll tie it all together in the next paragraph. for now, keep in mind that money has come in and stayed in the crypto asset class. Ok let's look at the BTC Dominance chart Here we can see that Bitcoin has lost a little dominance. So if money has come in and alts have gained ground that tells you that quite possibly it may be the start of alt season soon (let's hope). NOW, THE LEGEND; Support trendlines are green Resistance trendlines are Red Horizontal support lines are white, the thicker the stronger the support 50 Moving Average is yellow 200 Moving Average is white THE TREND: Going a little further down but near the bottom. THE OUTLOOK: Almost safe to buy BTC but safe to buy top 10 market-cap Alts now and as they dip. Be safe and follow me to make money and stay ahead of the curve.
Long
by cryptoGats
19
Bitcoin - How to make it without really trying Let's keep learning The 12H is not my favorite timeframe, but the action is happening there at this point. The first step to doing successful TA is to get your trendlines, support and resistance lines right and if you do it will give you the confidence needed to make the important decisions. Also, trendlines serve as a leading and lagging measure. When a trendline is violated any smart trader will sit up, pay attention and start planning a move. If you are drawing your trendlines wrong, you will make bets based on the wrong info which will lead to you losing money. Let's look at some trendlines. on the 12H My red downtrend channel line is so spot on that it has been a reliable indicator so far that BTC does not have the strength or buyers to decisively go above it, it has been tested many times and it has rejected the advances many times. Eventually, price may fall because the algos (the computers that control price) did not fool too many of you into jumping in. So how would we know if we are legitimately going up or if we are being faked out? A fake-out is when price goes up but it fails to go over an important resistance point and it comes back down, what happened is that you were duped into buying high and selling low. So Going over the downtrend channel line and the 200MA without making a higher high would be a fake-out. Now, a solid green candle going up to 13k in one shot it's a legitimate move up and no you did not miss the move up, at that point you wait for the pullback to jump in. There are psychological events that force price to come down, one of those events is a death cross at a high timeframe such as the daily. Right now we might just see that happen in a few weeks if we continue to range sideways and if we continue to have these small drops. Once we form a DC on the 1D we'll see price go under the 50MA for days and days but it will create a great opportunity to get into more alts at historically low prices. We'll make money regardless. Specifically, what do we need to keep an eye on? We want to see if price can stay above the 50MA on the 12H and if BTC ranges sideways long enough to go over the red downtrend channel line. THE TREND: Going down still. THE OUTLOOK: Unsafe to buy BTC but safe to buy top 10 marketcap alts. Be safe and follow me to make money and stay ahead of the curve.
Long
by cryptoGats
2
A Correction in the Short Term & Continuation of the BearsA correction is now at our doorstep. We are in day 4 of the recent bull run, which typically exhausts by day 3 or 5. - Volume Divergence - RSI Divergence - MACD Divergence - Long red candle forming on 4 hour - Long green wick on the 1 day - Elliot Wave complete - Correction wave initiated This is only a prediction off the TA I am currently viewing, which BTC has remarkably adhered to during this bearish market. Take it with a grain of salt and always do your own due diligence.
BITMEX:BTCUSD.PShort
by CryptoAccountBuilders
7
BTC Bulls last chance put those bear caps onits a mess but its been a long time tracking everything, coming to the end of the bear pennat forming flattops and bottoms shs , meaning there is no more room to make a dollar just swing trade the patterns, bounce neckline retest at 5100 after we try smashing thru old support res and bull trapped at 6800 (very crucial area its the avge MEAN point of the entire bubble speculation) i dont see anymore speculation bubbles at all we should start seeing broken legs and cups showing up on the daily instead of these engulfing bears and bulls, 2022 has 90k+ set to speculate and push tech 30 years forward with 3d cpu from MIT hitting 100 terahertz at consumer levels, in the mean time people in the crypto need to shift over to IBM NVDA AMD, you guys have missed a great play to make money during the last 5 years, as when i hodl from 2012 i bought NVDA(20$) 250 now AMD(2$) 20ish, why wouldn't you buy the material to use the networks :D, so follow moores law and youll see the pattern is printed and forecasted due to the FINITE system and no governs, unlike the fiat wild system, finite systems grow expotiential and becomewhat they are.... econ 101 talks about the LIVEdevelopment all livers grow past their potential expotientially into college drunk superlivers and fall into the free radicals and just becomes a flatline liver....Mooning is a crap term, anytime you see that you short sell the top gap and behappy you dont hodl sunken bags , allthat does isensure my rent next month, thanks XVG TRX LTC ADA XRP for your social cults of sheep.
by Prestoned
BTC Automated Strategy w/ Spectro™ +63% Profit 160 Days LOW RISKHey guys, I guess I got lazy since I automated my strategy and transformed it into Spectro™ M but I just closed a position manually to secure profits & I'd like to share the discoveries and the strategy with you. I only used my Spectro™ M and it's tools: hypester.org So here's the result after 160 days. 4 Wins: +71.42% 4 Losses: -4.37% Comissions(Considering highest 0.25%) = 8 trades, 16 orders, therefore 16*0.25% = -4% Total Profit: 63% I know some people think that's not a lot especially beginner day traders that get hypnotized by the "potential" gains of catching tops & bottoms day trading. After many years, I like to have my overall portfolio green consistently, therefore I like to hedge with all kinds of positions. This type of trade was using rather conservative rules, therefore my risk was minimal. Considering that the risk was minimal AND we're trading on a daily chart that allowed me to position myself with time and allowed me to get in with more capital. Since it was a rather large position, I decided to start unloading it before the next sell appears, I've been only using the X Confirmation (the big red scary triangles) Consider that I never go in with more than 25% of my account on one position - that was not the case considering the low risk of the strategy, volume, and timeframe. Yes, some people say it will remain bullish until the SEC ruling on BTC -1.41% ETF's but...well like I said it was an unusual position, and I rather 60% in my pocket than 70% made of hopes. Now, to the forecast, basically, you can see the big bad arrows never appeared before so that's a big warning side, plus we have the Specter Clouds appearing under the price not only pointing bearish pressure but corrections that might go all the way to 6900, and another strong support at 7570. Plus Spectro Indicator Line is very far above the price action and that usually means a correction should come soon or at least a consolidation. BTC -1.41% never seizes to amaze me and there's no SELL alert, therefore there's not yet a down movement confirmation, but like I said my conditions are a little special. That's why I'm classifying this as a NEUTRAL, not a short, Just wanted to share how simple this trading system is. If you want to learn more about it: hypester.org
COINBASE:BTCUSD
by spectertrading
BTCUSD SHORTHI, GUYS, HAPPY SUNDAY BTCUSD POSSIBLE TO CHANGE THE TREND PLEASE WATCH AND GET CONFIRMATION THEN BUY. OUR TARGETS ARE MENTIONED, IN THE CHART. Disclaimer: The information contained in this presentation is solely for educational purposes. Does do not constitute investment advice. I may or I may not take the trade. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable for your own financial situation. I am not responsible for any liabilities arising from the result of your market involvement or individual trade activities. Hope this idea will inspire some of you! Don't forget to hit the like/follow button if you feel like this post deserves it
COINBASE:BTCUSDShort
by sakthideva
Are we Heading or LoosingTrend Reversal on 6th day of month...seeming interesting if it is just coincidence Different people have different thinking and they totally rely upon TA, but we have to look other parameters also, People who are saying BTC might touch $3.5 k or something near to it, this cant be possible even in dreams, if this gonna happen then btc gonna loose his hodlers and remain bearish for years and one more thing, due to increase in hash rates in Btc mining , it taking over $6k to mine 1 btc. So we can conclude that crossing below $6k is very hard But we have so much positive upcoming good news like Goldman Sachs, Nasdaq entering in the market, so it brings also the unaware people about the crypto , For more join Telegram @cresource
BITFINEX:BTCUSD
by Martinneo
BTC USD - EMAs in daily TFMorning traders! Here we are with the bitcoin! The last obstacle for the beginning of a strong upside movement are the EMAs , EMA 200 has been broken with a strong candle but now EMA 100 acting as resistance , already 1 month ago EMA 200 acted as resistance and the BTC collapsed but now looks stronger and found an important bottom at 6.5k zone. Maybe and know for sure , might start a sideways movement of the BTC , in this case the altcoins might EXPLODE . Let's see what will happen and have a nice day tradersss!
BITSTAMP:BTCUSD
by maro9392
Taking a Step Back - BTC 1d!Hello all! Back today looking at the big picture of COINBASE:BTCUSD because the small picture is very deceiving right now. Zooming out to the one day view, a clearer picture of what is going on, and some plausible trends emerge. I have highlighted the scenario I think is most likely. I find Stoch RSI to be a great tool lately, and right now it is without a doubt overbought. I see it following the pattern I outlined. This pattern can then be reflected in the normal RSI, where it can be observed that according to this Stoch plausible movement, it looks to stay within the current channel. The resistance at 60 is very strong and I don't see it crossing that. It seems only logical that it will break down at the end of the channel. This can all be reflected in price scenarios. I see the current price gaining support at 7,4XX, and then going up to the downtrend line, going back down, then breaking out of the large patterns. I have put lines with less weight in scenarios that I see but I think are less likely. Overall, I think we are going to be moving relatively sideways for a while, until a likely break down occurs. Let me know what you think!
COINBASE:BTCUSDShort
by ericbutler306