BITCOIN/EURO New trading suggestion: *The price is in an up trend and we forecast the uptrend would continue. *There is possibility of temporary retracement to suggested support line (), if so, traders can set orders based on Price Action and expect to reach short-term targets. Ver el gráficoBitcoin / Euro en directo para realizar un seguimiento de los últimos cambios de precios. Las ideas, previsiones y noticias del mercado de trading también se encuentran a su disposición. Bitcoin Parabolic rally getting stacked and will most possibly have a small -5% pullback to and then there will be a pump to till end of the year. Then the bull market will start due to bankruptcy waves after the disastrous financial year will be show the hidden side of iceberg of financial crisis.
Btc euro tradingviewBTC EUR – Gráfico de preços Bitcoin Euro — TradingView
Best Buy Position According to Corona Negative News, the likelihood of a downturn is very high, so you can make a good profit. Im taking a short-sell position on BTCEUR as I explained in yesterdays educational post I believe Crypto is due for more losses based on my technical analysis What we have here is a wedge or contraction in my books leading to the Im targetting Hey all! Related to this post is the video analysis too.
Hey hey! We'll try make a video about it later today. We are obviously after a massive bull run which resulted that price dived into 9k EUR for some short time, but we had a nice bounce back to almost 11k. I have to admit that Bitcoin trade in the recent days wasn't very exciting, more like bears playing on shorts mostly, but without another big sell off, price wouldn't be going down that quickly, so what is Bitcoin is currently on ascending line, so wait a bit with getting back to the game till we change the trend.
I was suspicious from the beginning looking at Coinbase Pro, where I didn't see people trading but price and volume was going up - bots were buying step by step all on the way to the top, periodically selling some coins back - surprisingly not many I'm watching all day what is happening on Coinbase Pro today and it looks to me like a huge sell off of coins.
Checked other currencies too and looks very similar to me. Bots pumping up the price to the top then selling coins then pumping back a bit and again selling coins. But don't be discouraged, as long as your alt coins keep going up against the dollar, you are winning BTC dominance is at supply zone, previously many times it rejected frm same zone. Anyone that holds the majority of their cryptocurrency portfolio in Alts ought to be looking at this chart. Not even going to do any analysis, the result is already in.
At this point, it could be the bottom for Alts, but it is hard to hold on to almost anything but BTC knowing that your investment performance is being slowly eaten away. This is partly to do with Hello, traders! Bitcoin's dominance has tested the Bitcoin absorbed all the liquidity of the market during its rally.
Christmas holidays are coming and traders in the stock market prefer to fix their positions. In case if big players are fixing positions on BTC, the nearest support level is at the price values of Let us see how it will turn out. Halving is only days away. A possible breakout buy is what we are interested in if we are in Tether or EUR. As always we only show charts as neutral.
This is no financial advice. If you like what we are posting, please subscribe. Nur Videos. Descending Triangle im BTC. BTC up or down weekly base.