Articles by "BTCUSD"
$TSLA Tesla Pattern After Product Launch
Bitcoin still To 7000 by JandaraFx on TradingView.com
Hello again my friends, As you see I predicted what will happen until now , Lets see what are my reasons that in different view Of bitcoin 0.07% which I will go long again on Bitcoin 0.07%.Comment:
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I told before, we are going down to this area before
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BTC/USD - Trading Scenarios by JandaraFx
BTC/USD - Trading Scenarios by JandaraFx on TradingView.com
There is a very interesting trading opportunity in Bitcoin 0.06% right now. This was not something I would have necessarily said yesterday, until I saw the last 2 12 hour candles, clearly showing indecision at the resistance zone , whilst finding a brand new support on the 20 moving average which confirms that the short term up trend is UP, whether you like or not, it's a technical fact UNTIL the 20 moving average is broken as a support. Until then, its up short term. If price negates 6360 level, in the form of a 12 hourly candle closing below it, then this is a possible opportunity to SELL. If price continues in this fashion without downside, then we should wait for a break above 6590 where there appears to be a strong possibility that price will get some upside.
For the upside, however, there is far more obstacles than the sell signal outlined. To begin with, the horizontal resistance zone is effecting price severely as is. As well as these, there is the 50 and 200 major moving average which are keeping price to the downside also. Price would have to break ALL of these for a bullishmove, however by doing so, the buy opportunity will be a breakout move and will be a very high probability success trade!
Conclusion: Above 6590 look for a buy, below 6360, sell. Easy.
Where do YOU think price is heading? Leave a chart in the comment section and let us all share our thoughts!
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Comment: Strong downfall at the clearly defined juncture zone today. Personally I hoped for the upside but can’t catch them all... :-)
Posting a new analysis in an hour or so if enough attention warrants it.
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WHAT EVERYONE SEEMS TO FORGET - DOWNWARD WEDGE
Let's not forget what we are dealing with here. Bullish downward wedge which is NOT triangular pattern which many seems to confuse it with.
BTCUSD -3.58%
Enjoy this trade advice my Crypto Maniacs, but remember to invest only what you can afford to lose or you're going right back to poverty on drop. We are not your financial advisors.
Below are few charts which I have posted in prior month which are ALL ACTIVE, feel free to scroll through them for more guidance and see what we see from different perspective .
BTCUSD -3.58%
Enjoy this trade advice my Crypto Maniacs, but remember to invest only what you can afford to lose or you're going right back to poverty on drop. We are not your financial advisors.
Below are few charts which I have posted in prior month which are ALL ACTIVE, feel free to scroll through them for more guidance and see what we see from different perspective .
Digital currency Bitcoin / U.S. Dollar (BITSTAMP:BTCUSD
Digital currency by EXCAVO on TradingView.com
About the cryptocurrency market.
Nowadays there are hard times for the crypto market,as it has been falling for 8 months. Many "traders" have become holders who are waiting for the weather from the sea, especially a new wave of active growth and of course "pump".
Meanwhile, millions of bitcoins 0.37% are bought and sold every day in the OTC trades (over-the-counter market), bypassing exchanges. And as a result the price of bitcoin 0.37% is not formed by exchanges because they don't fix the movement of huge volumes that are transferred from one wallet to another. And some people understand that this is the best moment to grasp the largest part of the market, they reduce prices for financial instruments in order to buy them at a lower price and only when all resources will reject the crypto and will say that this is a crook business...The best time to enter the market will begin! And as Rothschild said:" Buy when blood is pouring on the streets".
I like this phrase that Blockchain is inevitable and we will have to live with it.
And I want to tell you that there are people who look ahead and understand the arrival of a new era.
Era of digital money....
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Comment: Small drops are possible, but that's only in short term. We are looking at longer term trade here which take few month.
Comment: ACTIVE TRADES