BTC broke ATH. put/call ratio in the middle shows indecisiveness of market. will sell if it goes below price above 50 and ma fibo looks good, possible retracement below 1 in the next couple of hours 1 0 BTCEUR towards A fast and easy way to analyze Cryptocurrencies Technical analysis gauges display real-time ratings for the selected timeframes. The summary for Bitcoin / U.S. dollar is based on the most popular . Looking at the btc price action we can notice several shapes which occuring most of the time during a trend move. I think most important shape here is triangle. This pattern require patience from the players and need to understand it's nature. First of all all triangle .
Tradingview analysis btcBTC — TradingView
I am not responsible for the profits or loss generated from your investments. Trade and invest at your own risk. Weekly Chart Analysis - Taking a look Hi, Welcome to this analysis about Bitcoin, we are looking at the minute timeframe perspective.
Since Bitcoin formed this significant bull-trap yesterday after moving above the level and pulling back to previous zones with an emerging impulse it is forming an interesting formation now that will be the determining source within the upcoming times, Bitcoin hitting top bolinger on 15 min. Also resistance level with many highs on 4hr. Take most of profits here. Most likely will decline back to 35 ema. This is a quick short-term update on Bitcoin. The price is close to the 4H MA50 and so far it has held three times on respective Higher Lows attempts.
This is causing BTC to consolidate within a Triangle. Triangle's are common within the dominant medium-term pattern, which since late October is a Bullish Megaphone and I have analyzed this extensively numerous I'm waiting that price can continue uptrend. We can open long position as soon as BTC will break nearest resistance.
Next resistance I'm here trying to make some predictions on very simple resistance and support levels. My idea is to keep it simple. Might do more of these not Merry Christmas everyone!
I think bearish, but who knows what market makers have in store for us.. But I think we need to still brake 20k level before retrace. If you like my content. Tips are welcome. BTC might retrade to support 2 in the next couple of hours if is unable to break new resistance line. Videos only. BEAR bullflag 4H. The price have already broken down the support 1 level but Trading suggestion:. There is a possibility of temporary retracement to suggested support line Technical analysis:.
It does appear that BTC might be forming a Bull Flag, with that said it could also just be a neutral wedge. This is not financial advice. Stoploss H4. We've all seen the massive drop of XRP two days ago. A potential investigation stirred the market after hyperbolic growth a few weeks earlier, leading to investors selling their XRP coins en masse.
XRP didn't fall all the way, though. The daily candles closed right at the lower support line of the channel, signaling a new way upward. With Bitcoin showing signs Predictions and analysis. Videos only. Top authors: BTC. Bitcoin is a payment system invented by Satoshi Nakamoto.
Remember you heard it here first! Wyckoff Distribution says Bitcoin will go down,don't get trapped.