Downloading...
Download

Btcusd4h

BITCOIN SHOWING SIGNS OF A SUSTAINED UPTRENDHere we are same as one month ago with BTC floating around 6400. Some would argue we have been in an 11 month downtrend, but if you look closely we see sustained growth with a new uptrend beginning. We have strength building in the RSI much like August but much more rapidly. We still need VOLUME and we can surely to continue to go sideways for a while before we see any sudden moves up. I do believe we have found solid footing here in the 6200 - 6400 range and it’s just a matter of time until we get back to the 7200 area. On our 4 hour chart, our MACD is flat as a pancake which also usually signifies a move. I think if the RSI continues to our top target circle this will be a nice move up. I predict to see some movement anywhere from mid-November to early December. Extra credit if the price goes through the smiley face. Pls leave a like if you agree!
BITFINEX:BTCUSDLong
by peakindicator
Top Coin Analytic $BTC #BTC BTC/USDT (29-10)BTC has fallen to 6300$ area and can't go below this area. This is a very good support area to push up. The sell volume is very weak and appear shadow candlestick about 50% of current 4 hour candlestick, that shows a good buy volume in 6300-6350$ area (the mining cost of BTC). So the previous chart is still valid, that means we expect a BIG PUMP now and the top of this wave is in around 2nd November NOTICE : This is not a MARGIN CALL
Long
by CryptoStation
Bitcoin Completing 4th Wave - Waiting for 5th Final Wave.We have a nice wave structure here with a bull flag formation that if we break out of will take us to the $7K resistance. This would give us a 5-wave 4hr structure and bring us to a key decision point for the market with the close of BTC futures as well. If the bull flag fails and if we breakdown we will retest $6200 and need to consolidate again, else we will test $5800. Short interest is falling significantly on BTC in this range which is indicative of risk to the shorts indicating another wave up. Lots of suppression on Finex in this range showing large short hands are closing here. Further ALTs are buoyant indicating a test of the $250B market cap. Be patient and trade carefully. --Shibe
BITFINEX:BTCUSD
by SuperShibe
1
Bitcoin Mixed Signals, Time to be a Turtle!Well since the start of this cycle I have been bullish but now I can see that with the drop from 7.1k area we are starting to get a bearish signals from our indicators also what I can see from my chart is that we have backward reversal building up as the angles of each pump are becoming smaller which means the pump impulses are weaker which indicates that there is a bear market coming. However on some timeframes we have bullish signals such as 1w and 4h we have mixed signals, so we are going to do what we do the best we are going to become a turtle and go tether or USDT now and wait for the price action to decided now but I believe more in bearish action now than bullish action so I will definitely become a turtle now and that is I think the best decision when the market is not decisive ;) Good Luck, Traders! #moon #mooncommunity
BITFINEX:BTCUSDShort
by farhadjafarov7
Bitcoin update, 7.3k soon!After my last update I told that we would reach 7.1k and now we retraced a bit from that area and I think maximum we can retrace to 6.8 area and then I see another pump coming where we should finish wave 3 and my target for this pump is 7.3k. We can see on our 1h chart that we are oversold, and on 4h chart we are moving toward the oversold area, EWO is still green and doesn't look like it will finish now, 4h MACD going for bear cross so we might hit 6.8-6.9 area soon and from there I see the uptrend starting as the Stoch will be oversold in most timeframe and price will be moving up so will get a bull cross where we should see the breakout happen. Good Luck, Traders! #moon #mooncommunity
BITFINEX:BTCUSDLong
by farhadjafarov7
7
BTC/USD Back to 8000+ BTC/USD has broke above the 50 EMA on the 8 hour chart and is currently finding support on top of it. The contiuation pattern further down has thus been canceled. We can see BTC/USD jump high next if the current supports hold strong. Let's see how this plays out! Remember, as always, unproper risk management increases your chances of failure no matter how good of a trader you are. Aim for consistency and being the best trader you can. But the last thing you want to focus on, is the money, the reward. The more you focus on it, the more greed takes places and the more you cloud your thinking. Happy trading!
BITSTAMP:BTCUSDLong
by MoolahMaker
Tortuga V.2 Indicator BTC 1-4 hour recent successful signalsRecent Successful Tortuga Indicator signals. Not bad. My indicator is 75% effective backtested on BTC, if you are interested in a monthly subscription for access to my indicator shoot me a DM and follow me for more updates! If you like what you see and have any intention on margin trading on Bitmex my affiliate link is below and I would greatly appreciate anyone who signs up with it. Use NordVpn if you are in the USA, as they do not allow USA citizens to margin trade. www.bitmex.com
BITFINEX:BTCUSD
by TheYeet
BTC Critical SituationGreetings to anyone who is reading our analysis, To get right into the chart, we have a couple of levels to consider currently as we move forward. First, we have the falling trend-line resistance (in red), coupled with the 61.8% fib level, which held BTC down from approximately 8400. Second, we have the 1200 EMA below (in purple), which held as a supportive level at approximately 7800. Moving forward, we need to see a confirmed break-out above the 8400 level for BTC to move forward, or otherwise a breakdown from the 1200 EMA, with a potential new downtrend from here. If we break down from here, it will fall in-line with what we've seen from BTC since our 20k high; A continuation of the downtrend cycle with a lower high as we've been seeing these past months. This next movement will be critical for BTC moving forward. Stay tuned for more updates!
BITFINEX:BTCUSD
by OpenSource_TA
4
BTC:USD 4 hour chart DAILY UPDATE (day 138)Yesterday’s analysis: Wanting a red 9 on the daily (Wednesday) in confluence with red 9 on weekly. Thought that it would pullback to $5,000 by then, is currently much more bullish than that. Patterns: Higher low on daily. Inverse h&s with neckline at $6,800. Weekly Triangle Horizontal support and resistance: R: $6,500 S: $6,200 BTCUSDSHORTS: Threatening to break out of channel after breaking through horizontal resistance. Next stop would be 28,000 Funding Rates: Shorts pay longs 0.056% EMA’s (12 & 26): Testing 12 EMA for resistance. Bullish crossover on 1h, 2h, 3h. Posturing for cross on 4h. MA crossovers: Resistance from 50 and 200 MA on 4 hour, and threatening to cross back over. Bearish cross on 3h, 2h, 1h. Posturing to cross back over on 1h. FIB’s: 0.236 at $58.17 | 0.382 at $8,475 Candlestick analysis: daily spinning top and inverted hammer, now bullish marubozu. 3d hammer shows strong supper at $6,240. Tweezer top on weekly. Ichimoku Cloud: Weekly starting to c clamp. 3d C clamp resolving itself. Tenkan support on daily. TD' Sequential: Red 5 on monthly. Close below $6,442 will give us a 9 (unperfected). Red 2 on 3d after 1-4 candle correction. Daily under $6,382 to get a red 6. Visible Range: Resistance stacked up from $6,500 - $7,200. 50 & 200 MA’s (calculate % difference): 50: -5.97% 200: -41.34% BTC Price Spreadsheet: X Bollinger Bands: M: MA waiting at $5,000 W: bouncing off bottom band, MA is at $7,945 3D: Bouncing off bottom band, MA is at $6,886 D: Currently testing MA Trendline: Could draw bull trendline from 9/14 low through 6/29 low. Downtrend from triangle will be at ~$7,500 Daily Trend: Bullish since 7/13 Fractals: UP - $6,816 DOWN - $6,095 On Balance Volume: Brokedown major at 1,255,729. Will current rebound turn that area into resistance? Buy/Sell Sentiment on Trading View: RSI - 46 Stoch - 26.3 MA’s are a sell across the board (save Hull MA) “As for me, I have no desire to carry the football from end zone to end zone. Just give me the territory between the 20 yard lines.” @PeterLBrandt Yard line of trend: Top: $19,776 Projected Bottom: $4,000 Field: $15,776 in length 87.15% of expected bear market is complete, therefore we are on the 13 yard line. Conclusion: Still keeping a close eye on the TD' Sequential. If we close a 9 on the weekly then I would expect a 1-4 candle correction to the upside. If this higher low can hold then I expect a rally to $7,500 - $8,000 over the next 1-4 weeks. Interested in building a long, but hesitant at current price levels. BTC is currently at resistance ($6,375), just closed a hanging man and is currently on a green 9 on the 4 hour chart. The 50 MA is also hovering right above the price. Not a time to buy imo'. I currently feel like ETH:USD is in a stronger position for a bounce and will be posting an update on that chart here shortly.
BITSTAMP:BTCUSD
by Sawcruhteez
1
BTC:USD 4 hour chart DAILY UPDATE (day 137)Outlook: 1-5 days: bearish 6 days - 1 month: bullish 1 month - 6 months: bearish 6+ months: super bullish Yesterday’s analysis: Waiting on the weekly 9, wondering if we will grind downward slowly, or get some capitulation Patterns: 4hchart: Rejected bear flag. Bullish A-B-C-D pattern. Inverted h & s invalidated with move below $6,260 Horizontal support and resistance: S: $6,150 (do not expect it to support another retest) R: $6,250 BTCUSDSHORTS: Supported above trendline, currently going for a retest of 23,000 resistance where horizontal and trend lines wait. If it breaks through that area then I expect the next major sell off to follow. Would recommend keeping a close eye on this chart over the next few days. Funding Rates: Shorts will pay 0.0229% EMA’s (12 & 26): 12: 2.88% above price 26: 4.57% above price. Recent bullish crossover on 1h, posturing for crossover on 2h. MA crossovers: 50: 8.66% above price 200: 45.60% above price. Bearish crossovers 15 min - 1d FIB’s: 0.236 fib is at $5,817 Candlestick analysis: 3dchart & weekly: bearish engulfing and tweezer top 4hrchart: multiple dojis as bears attempt to turn $6,250 support into resistance. Ichimoku Cloud: W: Price recently fell below green cloud. Recent bearish kumo twist. Bearish TK Cross. LS recently fell below price. 3D: Price below green cloud. Bearish kumo twist. LS below price. C Clamp is resolving itself. Daily: Price below red cloud, bearish TK cross, LS below price. Recently closed below Tenkan after it served as week support. 12hchart: recently fell out of red cloud and had a bullish TK cross - it is clearly confused. 6h: failed to stay inside cloud after getting a bullish kumo twist. Bullish TK cross, LS below. TD Sequential: Monthly: red 4 Weekly: red 9 3d: red 1 1d: red 4 (threatening price flip) Visible Range: heavy resistance at $6,500, wearing out support at $5,882 - $6,490 BTC Price Spreadsheet: 12h: +/- 0% 1d: +1.35% 1w: -5.54% 2w: -2.11% 1m: -4.86% Bollinger Bands: flattening out and tightening on daily. 3d and weekly on lower half of band. Trendline: Downtrend from triangle will be waiting at $7,500. Could drawn bull trend by using 6/29 and 7/12 on the daily chart. Daily Trend: Bearish since 7/9 Fractals: Weekly - UP: $9,945 DOWN: $5,788 Daily - UP: $6,843 DOWN: $5,788 On Balance Volume: Large bull div in weekly. 3d shows flat volume since 2/6 Buy/Sell Sentiment on Trading View: Moving averages are a strong sell. Oscillators are neutral “As for me, I have no desire to carry the football from end zone to end zone. Just give me the territory between the 20 yard lines.” @PeterLBrandt Yard line of trend: Top: $19,776 Projected Bottom: $4,000 Field: $15,776 in length 87.15% of expected bear market is complete, therefore we are on the 13 yard line. Conclusion: The TD Sequential is the most important indicator for me right now. Want a 9 on the daily to come on Wednesday the 18th and the red 9 on the weekly to close this Sunday. This is why I am bearish over the next 1-5 days. I expect the price to fall to $4,500 - $5,000 by the 18th. If all three of those boxes get checked then it will be time to build a large long position. This is why I am bullish over the next 6 days - 1 month. I do not believe this market has found a bottom and that is why I am still bearish for the next 1 month - 6 months.
BITSTAMP:BTCUSD
by Sawcruhteez
BTC:USD 4 hour chart DAILY UPDATE (day 136)Continuing with the new theme please see the checklist and notes below. Conclusion is the same as yesterday . Outlook: 1-6 days: bearish 7 days - 1 month: bullish 1 month - 6 months: bearish 6+ months: super bullish Yesterday’s analysis: OBV consolidating, Weekly 9, Daily amended countdown, resistance from 50 day MA. Expected downtrend through Sunday and then a bounce off the weekly 9. Horizontal support and resistance: S: $6,150 R: $6,289 $ 6,200 BTCUSDSHORTS: Shorts at horizontal and trend support levels as they continue to diverge with the longs. BB’s show plenty of room for shorts to build. Funding Rates: longs pay shorts 0.01% EMA’s (12 & 26): Bearish crossover from 1minute - 1week MA crossovers: bearish FIB’s: Expecting 0.236 to breakdown this week Candlestick analysis: Weekly and 3d tweezer top + bearish engulfing Ichimoku Cloud: 1W: Price below bullish cloud. Bearish kumo twist. Bearish TK Cross. LS recently fell below price. 3D: Price below very thin cloud. C Clamp seems to be resolving itself D: Price below bearish cloud. Bearish TK cross. LS below price. Just broke down below Tenkan TD Sequential: Weekly 9 seems very likely at this point. Red 1 on 3d following a 3 candle correction. Red 3 on daily after a completed count Visible Range: $5,775 as the major local support level. $4,000 as biggest area of support over last year 50 & 200 MA’s (calculate % difference): X BTC Price Spreadsheet: X Bollinger Bands: 4h - 12h hugging bottom. 1d has some room to go as does 3d. Trendline: Hyperwave at $5,000 (green). Downtrend from triangle at ~$7,500 (purple) Daily Trend: 3 day bear trend is starting to form a descending triangle. Fractals: D: up - $6,800 | down - $5,778 On Balance Volume: Daily coming for a 125,800 retest which has been a big level of support over the last month. Buy/Sell Sentiment on Trading View: Oscillators are neutral and MA’s are a sell across the board. “As for me, I have no desire to carry the football from end zone to end zone. Just give me the territory between the 20 yard lines.” @PeterLBrandt Yard line of trend: Top: $19,776 Projected Bottom: $4,000 Field: $15,776 in length 87.15% of expected bear market is complete, therefore we are on the 13 yard line. Conclusion: Expecting down trend to continue for another 5-6 days. Interested to see if is is a slow grind or if we get capitulation after breaking down $5,775. Feeling like it is too late to open a short and am planning on a large long position position from $4,500 - $5,000.
BITSTAMP:BTCUSD
by Sawcruhteez
1
BTC:USD 4 hour chart DAILY UPDATE (day 135)I am going to try doing things a little differently moving forward. The bottom line is that I have been spending much more time on this each day and seeing too little return in terms of networking and community interaction. The checklist below is what I go through every day. It is a list of my most important indicators in order of importance. There are so many different variables that it can be easy to get paralysis by analysis. My skill is being able to look at all of them and come to a concise conclusion. If this checklist helps you develop a consistent process then it is yours to use free of charge! Also feel free to skip the analysis and go straight to the conclusion at the bottom. Yesterday’s analysis: Weekly OBV div, Weekly TD countdown, 6 hour cloud, and moving average crossovers. Horizontal support and resistance: S: $6,275 R: $6,377 | $6,560 | $6,660 BTCUSDSHORTS: Fitting into downward channel. Rebound didn’t test top end of channel. Instead it found resistance at 23,000. Hanging man forming. Looks like we will go for a retest of 20,000 at a minimum. Bearish cross on EMAs. Divergence in weekly long:short is significant and starting to angle back for convergence. Longs are high, shorts have room to rally. Also longs paying shorts. Div in 6 hour long:short ratio is as big as we have seen it in 2018 Funding Rates: Longs pay shorts 0.01% EMA’s (12 & 26): Angling down. No longer posturing for bullish crossover. MA crossovers: Bearish. After flattening out they are angling down and spread out indicating a continued bearish trend. FIB’s: Currently bouncing off 0.382 and illustrates why we haven’t gotten to $5,00 yet. Candlestick analysis: Spinning tops, and hammers on 4h chart at support. 12 & 6 hour look to be forming a bear flag. 3day tweezer top + bearish engulfing. Weekly tweezer top and bottom?! Ichimoku Cloud: 6h is interesting. Currently at cloud + kijun support after failing to breakout. Recent bullish kumo twist. Recent TK cross on 12 hour, LS above price, Bearish cloud that the price failed to support. Price below cloud on weekly making it fully bearish. TD Sequential: Weekly 9. Would have had a green 9 on daily if 7th candle closed $16 higher. Tells me the next 7 days should be bearish (in line with original projection) and then we could get a nice bounce off the weekly 9. Visible Range: Huge gap from $4,800 - $5,500. Huge resistance up to $7,000. Slight relief until $7,775 then biggest resistance dating back 1 year. 50 & 200 MA’s (calculate % difference): X BTC Price Spreadsheet: X Bollinger Bands (1 week, 1 day, 4 hour): D: at MA, bands are tight. 3d: resisted right below MA. W: attempting to bounce off bottom band. Trendline: Down: $7,450 Up: $5,000 Daily Trend: Bearish, and at support. Fractals: Up: $6,841 Down: $5,786 On Balance Volume: Noticed that the range is getting tighter. Slapped on some BB’s and can start to see some similarities with 2016 Buy/Sell Sentiment on Trading View: RSI back below 45, stoch pulling back. All MA’s are sell except for volume weighted MA. MACD approaching 0.
BITSTAMP:BTCUSD
by Sawcruhteez
4
BTC:USD 4 hour chart DAILY UPDATE (day 134)Yesterday we examined the weekly chart and noted the strong buy signal from the Stochastic as well as the Tweezer Bottom from last week. I also noted that the RSI had climbed back above 50 for the first time in two months and also pointed out bullish divergences in the weekly and daily OBV . We have also been waiting for a few days on the 50 and 200 period MA ’s to crossover on the 4 hour chart as well as the 12 and 26 period EMA ’s to cross over on the daily chart. Unless something out of the ordinary happens the 50 and 200 MA’s should be crossing on the 4 hour chart sometime today. That is a relatively strong buy signal and is something to keep your eye on. If looking to build a bullish position then I would recommend using 50% of your normal position size due to betting against the trend. Enter ½ of that position upon the crossover on the 4 hour chart and add the rest after the 12 & 26 EMA’s cross on the daily chart. We have been challenging the resistance at $6,800 over the past week and I do not expect it to hold much longer. As soon as the price breaks through that level I am expecting a 15 minute candle to take us straight to $7,500 where the next significant area of resistance will be waiting. Setting a stop entry order at $6,826 could be a good idea as well. The divergence in the daily OBV disappeared as quickly as it showed up, however the divergence in the weekly is still evident. 1d 1w The Ichimoku Clouds are in the process of turning bullish on the lower time frames. The 4 hour cloud turned fully bullish on the 4th of July. The price has been attempting to break out of the 6 hour cloud over the past 36 hours and we just re entered the 12 hour cloud. 6h 12h The bullish indicators are mounting, however keep in mind that the resistance is going to be very strong from here to $8,500. The visible range volume profile shows the amount of volume at certain price levels. The larger the volume bars the more significant the resistance will be. As you can see below the bulls will be fighting an uphill battle in the weeks to come. I am still strongly considering opening a long upon the moving average crossovers. I am viewing a pump to $7,500 - $8,000 as a very likely outcome in the next 7-10 days. If I do decide to enter it will be for a maximum of 50% of my normal position. Thank you for reading! Have something to say? Leave a comment! Smash the follow so that you don't miss out on future updates and remember that clicking the like is good karma!
BITSTAMP:BTCUSD
by Sawcruhteez
BTC:USD 4 hour chart DAILY UPDATE (day 133)Yesterday we looked at the reasons why I am expecting a $750 - $1,000 pump from the current price level. Today we will look at the mounting bullish indicators and ask ourselves if they are enough to bet against the bear trend. Today is Sunday and we only have a few hours left before the weekly candle closes. We are on a red 8 out of 9 on the TD Sequential and I would really like to see the the countdown complete before this pump continues. If we rally through $6,886 in the next couple hours then we will get a price flip before the red 9. If the countdown doesn't complete this time then it is very likely to complete in the future before this bear markets comes to an end. We are bouncing strong off the Stochastic buy signal and the Tweezer bottom . I do think there is plenty of room for this dead cat to bounce, however I am hoping that it doesn’t happen too fast such that it ruins the countdown to a 9. The RSI is back above 50 on the daily chart for the first time in two months. I view this like the 50 yard line of a football field. The bulls are now on offense and getting close to scoring position. This is an important confirmation for me when considering a long. There are currently multiple divergences in the On Balance Volume . One in the daily chart and one in the weekly. This is indicative of bigger players building a long position. The price has stayed level and the buying volume has spiked. That tells me that the proverbial smart money is accumulating at these levels and that is a very good sign for the bulls. The 12 and 26 period EMA’s on the daily chart are posturing for a bullish crossover as well as the 50 and 200 period MA ’s on the 4 hour chart. Longing one or both of those buy signals is becoming more and more attractive. If you elect to do so then I would suggest using ½ of your normal position size due to betting against the trend. A profit target of $7,500 - $8,000 is reasonable and a 5% stop loss provides a favorable risk:reward. I am going to remain on the sidelines for the time being and will be strongly considering buying each of the moving average crossovers. The main reason I am being cautious is because of the visible range volume profile . It is showing resistance stacked up from here to $9,000 with a big gap at $5,000 that is begging to be filled. Shorting this bounce and longing $5,000 are my priorities and it will not be a cause for much concern if I miss a move in between. Thank you for reading! Have something to say? Leave a comment! Smash the follow so that you don’t miss out on future updates and remember that clicking the like is good karma!
BITSTAMP:BTCUSD
by Sawcruhteez