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Btcudst

Bitcoin no longer wants to go back under $ 10,000The bulls turned long-term active and unpleasant resistance into support and so the journey up could begin. After yesterday's explosion, which brought the price up to $ 12,123 (binance), came also the first big sale and the price almost reached new and very important support. Yesterday's low was $ 10,518 and the bulls bounced it back perfectly. Currently, the market is calm and we are waiting for further indications. Technical analysis and its findings: New and important support at $ 10,000 Major resistance at a price area 13k / $ 13500 New UP Channel at 4H RSI is overbought at 1D / 1W and this can mean short-term and speculative sales of big players If Bitcoin doesn't fall below $ 10K it's more than likely that we'll get up to $ 13K+ in the coming months If you are considering trading be focus on the area of ​​support and major resistance
by CRYPTOSCARFACE
The Low Is In? Bitcoin Dominance Says BTC Goes Up!The BTC Dominance (BTC.D) chart is showing multiple bullish signals... Is Bitcoin about to go up? First we notice the ascending triangle, which is a bullish pattern. Prices are now trading above EMA10 while challenging EMA50 and EMA300. We have a reversal candle on the 13 March. Both the MACD and RSI are bullish and strong. All these signals are pointing up. Conditions for change If prices move and close below 64.17, the above signals become invalid. The red arrows enters play. NOTE: BTC.D moving higher not necessarily means that Bitcoin (BTCUSD) will go higher. Do you believe that Bitcoin will move lower or will it start to reverse and go up? Share in the comments section below... ----- Previous analysis (Bitcoin Bouncing Now?) : Bitcoin Drops To $3K Before $32K? New EMAs + Daily RSI Analyzed Bitcoin Weekly Update (MA200 Breaks / Bearish, Low $3ks Next?) Thanks a lot for your continued support. Namaste.
CRYPTOCAP:BTC.D
by AlanSantana
20
BTC possible movements And Long term buyback zonesBTC on a very important support zone if finger crossed as the trendlines crossed in this support price holds above 7250 daily candle and 7100-7300 in lower time frames we see a pump toward designated targets shown in the chart with green and RSI indicator showing over sold in zone indicates a possible pullback. but there are more bearish patterns available here ichimiku red cloud - chiko span under the cloud - rsi bearish trend has not break above - selling pressure and many others i personally think of a bearish scenario in short term but btc always surprised everyone we`ll see...
Long
by CrypTopia_FA
$BTC #BITCOIN to $11k according to technical analysis hello everyone and welcome to another analysis on #bitcoin $BTC BTCUSD as you can see on the chart above bitcoin is on an ascending channel on the 4 hour time frame and that is a BULLISH pattern which could take us all the way up to $11000 if BTC breaks the upper resistance at $10150 also we have an RSI and MACD histogram bullish divergence on a 4H time frame. And that is a bullish sign! recently we held the 9550 support quite well and BTC needs to hold that support in order for the bullish scenario to happen. Leaving a "like" costs nothing and really helps me out; please consider it! It's the #1 thing I look at when deciding to work on future content. Peace Out! Not a Financial Advice Friends, please before reading, support this idea with your Like and any Comment, thanks.
Long
by TheMentalTrader
Bitcoin Cheshire price growthGreetings from Benice team! Bitcoin's price increase impresses with its ability to appear and disappear at the most unpredictable moment, leaving only a smile or disappointment behind. Currently, the market has turned green, and this is good news. The current situation is as follows: The SEC postponed the decision on the ETF's fate for an indefinite period, which caused a wave of positivity. The market often sets up negative scenarios in advance and plays them out in the opposite direction to the news. So, we see now that the wind of hope has reached the market, and it can be a predecessor of a serious correction from the general 2018 trend. Technically, we'll be able to talk about the reversal of the general trend only after the Bitcoin price settles above 7500. The price of 7200 may be the goal of the current impulse move. This level is a cross-target of several patterns. The 200-period moving average and the 22-period upper Bollinger line are situated at this level. At the same time, the 50-day moving average has already been crossed. The boundary of the descending channel also passes through this level, and a break thereto is very probable, especially since it does not contradict the global descending movement, and even, on the contrary, it will complete the picture pegging the boundary of the channel. Let's hope for the best, but we need to be prepared for the worst. This scenario assumes a breakdown from the boundary of the descending channel and a further dip to the main support levels. These are 5800, 5380 and, if it comes to the worst, 4800. Those who are in a long position, are recommended to place stop losses based on 4-hour chart low. We regularly update recommendations on this tool under the review. Subscribe and follow updates of the idea.
BITFINEX:BTCUSDLong
by benice_trader
BTC looks so ugly on the LOG SCALE.NO FUD here just facts ! Let's get right into this. Looking at the Linear scale ( ) BTC looks as if it has broke the down trend coming from ATH. but then the momentum is very slow,this is not how the market should response to a MAJOR break out like this. usually when such a break out like this happens, we see massive increase in volume as well as PRICE. but this just did not happen , why so ?? looking at the LOG scale here > ( which most of the time give a BETTER observation and understanding ) we see that BTC is approaching the MAIN DOWN TREND and have not broke above as in the Linear scale. therefore he are 2 scenarios which may happen from right NOW to 2-4 days AT MOST. 1- BTC will touch or nearly touch the trend line and bounce back down in a very ugly way ! 2- BTC breakes up , close above and then take off to 11K in no TIME. what do i think ?? I do not want to guess the market, am moving my long potions SL which most entered at down trend 64**$. just a few hundreds from current price. and i am going to wait for the action to happen , i prefer to jump in a bit late than TOO EARLY. btw this apply to alt coins too. once BTC starts moving everything will follow and vice versa. do not say i did'nt warn ya :D Good luck
BITFINEX:BTCUSD
by MikeMoh
6
I did tell you! How to Trade Bitcoin 101!Well... it played out pretty nicely! As mentioned in my previous post, we were expecting the bounce to meet resistance between 10.2-10.4k. The bulls tried REAL hard to get it through the .236 fib line and the previous support/resistance level. It nearly got to 10.5k which I didn't quite expect and was slightly nervous with the short opportunity for me coming in at 10.4 but there was just nowehere near the volume needed to break through and then we saw a BIGGG volume sell off between 7-11am UTC. There was a big time immediate sell off at 7 UTC which tanked the price down to 9.5k (how amazing as a trader that our most stable asset can move 8% of it's $180bn market cap in less than an hour!). The bulls then pushed it back to 10.1k at the close of the 1h candle. We then saw further sells taking it down to the magical .382 fib level. This is a really key level and we are seeing it be tested as support. Other than closing a short from 10.4k, I would advise monitoring here as there's a chance it gets a bit choppy. We need to see if the support continues to hold so I'd be patient with this one and let the trade come to you. Keep monitoring volume, but i'd expect .382 to be tested a few times and ultimately for it to break when the volume is strong enough. I know I know... it's blasphemy to say you want BTC to retrace down, but if we are thinking long term this is what we need. IF we see a retrace to .500 (or even .618) then we are looking at a lovely bullish setup in mid-March!
BITFINEX:BTCUSDShort
by tgw88
3