Last time the total # of positions in the market (both long and short,with just bitfinex considered) was that low was July '19 and btc started its decline from 13k to k (the covid happened). True that thera has . TradingView UK. Looking at the log scale of BTC/USD it could be supposed that BTC did not reverse and we see just a price rally in a protracted correction (4th Wave) that can continue till the September' In this period we probably will see several ups and downs and finalluy will see price of BTC at the 0, FIb level (round 4,5k). Some people call BTC Author: Coretrade. View live BITFINEX/BTCUSD chart to track latest price changes. Trade ideas, forecasts and market news are at your disposal as well.
Tradingview btc usd bitfinexBTC/USD for BITFINEX:BTCUSD by CoreTrade — TradingView UK
MACD looks bullish even if it took him long time to get to this point. RSI is really low which is another bullish indicator. BTC price is getting lower. I wouldn't be suprised to see a wall of orders at 10k and which is target we have to reach before BTC can get up in price.
Hello, incredible to see how the lines I drawed months maybe a year ago acted as resistance and hopefully will act as support now. We are in the area separating the bull fro the bear market so, if it is the case, we will see a second up leg in the longs, meaning that BTC will go up. This is also in line with the indication of my "secret indicator" next idea.
Hello, BTC Longs back above 30k units on Bitfinex which, considering the bleeding of BTC withdrawn exhange have been experiencing after Covid, is even a more positive signal than it was few months ago. As the title says Longs got low. We've seen them rally when they get this low. MADC shows the first signs of changing direction.
RSI is at its lowest oversold moment. Let's see Last time the total of positions in the market both long and short,with just bitfinex considered was that low was July '19 and btc started its decline from 13k to 6.
True that thera has been a serious outflow of btcs from exchanges in the last quarter and the data can be affected by that, but still the value is really low wouldhave Its level is excluding hodlers that are long by definitions and do not trade the trend meaning that for each long position there is 1 short.
Total uncertainty among market participants. Shorts are at their Hello, here to show the second part of the idea to identify the general trend before going in details for shorter terms strategies. Read the related idea in the link below if you want to learn more about the ratio and don't forget to like and comment as it helps me to understand if you appreciate my contents and what to focus on So, starting from the main For the first four years of Bitcoin's existence, the amount of new bitcoins issued every 10 minutes was Every four years, this number is cut in half.
The day the reward halves is called a "halving". In , the amount of new bitcoins issued every 10 minutes dropped from The chart above maintains the same caracteristics, bullish, and is now looking ready to move higher as it moves pass EMA It can break up anytime NOW!!! And for this reason, we are sharing a full trade for our followers Additional targets on the First, it pumps. Not quite like that, but you get the idea.
While the price for Foresting Hello guys My name is Abtin , whats up? How is doing with market these days? Just a idea, not gonna trade this blindfold, watch the previous chart and understand where is the confirmation point, like closing back below the high in the 4rd box, after taking the highs in the 3rd box purple , retest of the previous high have been a perfect short in the two Which way do you forecast?
I vote for 1, it seems most likely for me. Hello guys In here we have a triangle we can say maybe we have a triangle??? If this pattern are making and become true , we expect from the market can fall into next support area that shown on chart In this we should wait and watch the market what want to do If you want to take position in each way take it with your own strategy But i will take