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BTCEUR trade ideas

BITCOIN... WERE ARE YOU GOING ?The Market was all red this afternoon but bitcoin held up his position by staying green today - I am still believing in the head and shoulder scenario I have shown before. Here on the chart we can see: - a small support that keeps bitcoin up - lower day highs for the past week. I think that bitcoin is for now not ready to get out of this zone, but if the support stays, we will (hopefully) see bitcoin shoot up to complete his second shoulder and then undergo a huge correction. ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ If you enjoyed this post and agree with me, a like and a sub would be very nice : ) Stay updated for more content Have a nice Day : ) Bye! ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Long
by xtekky
2
DID BITCOIN ALREADY FORM A HEAD AND SHOULDER PATTERN???Instead of currently being in a bullish trend at the base of the second shoulder Bitcoin could already have formed that second "shoulder" and now bounced off the support line and undergo a massive correction down the 25k support line. I personally still believe that like explained in my previous post, we are currently like I said at the "base" of the second shoulder in a bullish trend up to the 45k resistance line. ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ If you enjoyed this post and agree with me, a like and a sub would be very nice : ) Stay updated for more content Bye! ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Short
by xtekky
2
Elliott Wave Theory ?CORRECTION IS A CERTAINTY LACK OF KNOWING WHERE IT WILL BE CORRECTED what do you think about this? What Is the Elliott Wave Theory? The Elliott Wave theory is a theory in technical analysis used to describe price movements in the financial market. The theory was developed by Ralph Nelson Elliott after he observed and identified recurring, fractal wave patterns. Waves can be identified in stock price movements and in consumer behavior. Investors trying to profit from a market trend could be described as riding a wave. A large, strong movement by homeowners to replace their existing mortgages with new ones that have better terms is called a refinancing wave. ---
Short
by umagoma
BTC 4D-MA Crossed down. What's next? Dear Traders and Hodlers, here I make a prediction for the BTC-EUR pair (which is similar also to USD). As we are currently in a bearish market, BTC 4d-candle crossed down the 50MA. So, if the next 4d-candles will find resistance to 50MA, BTC will probably retest the $41.3K support in the next weeks. The market could then turn bullish if BTC will face the bearish-trendline from ATH. Write down your opinion in the comment section and let me know if you agree or disagree with this idea. Thank you.
Short
by Caroll_t4
6
Bitcoin Weekly Buy SignalBitcoin had a nice retracement to the 0.382 Fib level and bounced back over the Base - line. The Stochastic RSI confirms a buy signal in the oversold area, which shows nice room for growth in the next weeks. As long as we are above the cloud and inside of this "ascending broadening wedge", this should be safe. I am expecting Bitcoin to rise to old highs in the near future, riding this wave till indicators show signs of weakness. Stop Loss is targeted at 2x the ATR, so 5781,42 x 2 = 11562,84 points from 44815.
Long
by FallenxAngel