Bitcoinmoon
Bitcoin: Post Correction Buying Opportunities and Support PointsBTC is in a descending wedge, will likely bounce of previous supports that were important on the way up in the rally. Each bounce presents a trade opportunity. Chart is self explanatory. BITSTAMP:BTCUSD
See my related ideas below. Thank you.
BTCUSD - Time to take flightSo it looks like we took the low road. Mainly because of margins that got called in August on several trading sites (BITFINEX) which blew out the previous bottom. Bitstamp and other exchanges had to follow or risk losing on arbitration.
This is only a bubble prediction. Bitcoin still isn't mature enough to prevent over inflation of its worth. After this next upcoming bubble when the price bottoms out to around 1k, I believe the regular investor will be secure enough to survive a decently long term bullish trend.
Long term uptrend line [TREND ANALYSIS]Traced green line stand for main trend continuation on the 4 hrs. Some little corrections could happen as already did.
The purple line is the 1 day timeframe uptrend support line (1D chart is not shown in this picture)
If the trend keeps going over this line in the 4hr the uptrend is confirmed and strong. If any under the line correction happens set your SL and think well your strategy.
If a downward trend will start it has to confirm at least 3 4hr candles under the line and give more signals of fundamentals and momentum bear switch. If it doesn't happen it can be just a shakeout for weak hands before attempting a serious ride over 1k $.
$BTC
Stay safe.
Bitcoin trendlines and support and resistance points. Still LongBITSTAMP:BTCUSD
After making lots of charts, the picture is finally becoming clear.
We have a whole bunch of little trend lines that need to be respected, as well as major support and resistance points.
Things are looking good above $930. Below that, it's 860.
Please check out my previous ideas as well.
Bitcoin Moon Landing Temporarily Postponed But Still Likely. BITSTAMP:BTCUSD
The chart speaks for itself. Small acendng wedges grind up until they become to narrow and break down until a new lower wedge is found.
I bought some BTC at 970 from coinbase to transfer to bitstamp, not sure what I will do with it. Leaving it open as a long position for now.
ALPHA DELTA OSCAR PREPARE FOR MOON LANDINGFriends: BTC is doing well and we soon approach the moon of $1000 BTC.
Buying opportunity levels:
1. 915 at 50 MA
2. 880 at 200 MA
3. 860 at previous support.
If things continue, we will not get those opportunities. BITSTAMP:BTCUSD
My positions: holding smaller position from my most recent purchases between 770 and 890.
If you think this chart is silly. See my previous three as linked below. 3/3 so far!
Bitcoin third phase. The grind upward continues. I'm very happy about my two previous charts, see links below. It seems the market is following my predictions. Let's see how it goes!
Will buy again at 885 and 860.
To the moon! BTCUSD
Entering A Trade. Lets ride with BitcoinLooking back at the 47 day range before the last run-up, there is clearly a pattern to creating a new high. We could see something around 825-920€ if this goes something like the last time.
BTC Weekly Candles Shows Upcomming CorrectionWeekly Candles have stopped making big wicks,
we are up for a correction ?
Jurik's RSI (smooth rsi) also shows overbought levels and
after every bull phase, btc has correction so i guess we are going to go sideways
and then a dump maybe and then form support and hit 6000 levels.
Bitcoin the FutureBitcoin is heading to 1000$ everybody knows this, thats why this trade is risky.
The cloud is my protection; my stop loss
Hope you enjoy the upcoming fun.
[BTC] Short termHope that this will help decision making. All TAs and FAs welcomed in the comments as always. My previous 5 month old noob EW wave count was aiming for 900 USD region and then changed to 800 USD. CHEERS !
Continuation/Revision Idea: Are we about to enter next Cycle? My Forecast for Bitcoin ( 6 months -1 year ):
We will finish completing this fractal around the beginning of September.
The next price ranges for the next few months will be around 600-680 followed by a 680-770 range.
Around December to January we will start the next phase of this cycle, which is the Spike Phase and start to see new highs.
This will continue until we hit the next cycle target/top is around $3750 or 25000 Yuan.
Hey how, let's go! BTC to the moon!For more info and a comparison of the 5 mayor cryptocurrencies of this moment, please see steemit.com
And go long. Very long. :)
Downtrend from 4000CNY top broken?Good chance bitcoin price can go up/sideways from here. Price crossed resistance from 4000CNY top earlier today and thoroughly tested new support. With the last 30min candle price even crossed a minor resistance up. TRIX and RSI also crossed the resistance line from 4000CNY top.
BTC Bitcoin two day forecastBased on my experience, bitcoin market very often pumps and then corrects itself. Usually there are moves in like 20-40 USD and then correction half the way. I see the price rise for last few days, I expect it to reach like 425, maybe 430 and then I expect correction to like 410-400 range. I think this cycle will happen until sunday/monday. You should prepare yourself for short then. BITSTAMP:BTCUSD
