It seems like a good entry point for btc on the long run, however as RSI is near 70 on the 4 hours chart, and the candles are touching the bollinger bands, maybe you . The weirdies things can happen in this strange crypto-money world of surrealistic digital-coins and i was wondering if someone could explain this chart that have "borrowed" from a guy who's user name looks somethings like or sounds like ruipengfang or something similar raw guess cause didn't quit catch that name while i was appropriating myself his chart (shown above). I don't usually post price targets, but based on the current momentum, I think this is worth sharing. Last year, we experienced the same kind of selling pressure in altcoins, vs BTC, as we are experiencing in BTC right now. I believe this is the final shakeout and I think it's going to be BAD. Same players, same game. If we are where I think we are, we need at least another 40% drop in USD, to.
Tradingview btc usd poloniexBTC/USD for POLONIEX:BTCUSDT by ovvnyou — TradingView
I am deeply LBRY's native token has been in decline ever since it hit it's all time highs this time last year, since then we've seen it slowly drop back down close to it's all time low back at the beginning of Fundamentally the token is sound, the project is one of the few innovative projects in the crypto space and the Date to touch its support at USD will be most probably and will bounce back to touch resistance at USD on Idea based solely what I call market player analysis.
Cme futures opened 17 Dec coincidentally it was the top of the bull run. Its not to wild to assume many shorts were purchased by wall street, Based on recent trends within the litecoin charts and more LTC news likely to be made public I can predict LTC will stuggle in the coming days, however, will see a lot of monies being exchanged for LTC to be used as a "safe haven" coming up to August 1st.
Conventional wisdom suggests that BTC is about to make new highs, see the altcoins doom before it, and hear the lamentation of their bagholders. Just as it has always done in the past. I am not going to argue that this will not happen - on the contrary - I believe that this altcoin boom will see a major correction, leading to much panic and wonderful buying Nice LONG setup here. Hi Everyone!
Merry Christmas! It's not a bad idea to have another window up with the 3h, 6h and 12h time frames as well. What do yall think? Let me know how likely it is for Bitcoin to hit this kind of price action Happy Holidays!!! Hello everyone In my previous analysis even though I am bearish in bigger picture.. However in 1 hour time frame we could have a breakout that could lead to a new high Price stuck inside a triangle.. Price broken triangle but need to close above green line and same time Green line need to hold as support..
Yesterday BTC aims towards local support orange line. After trying to attempt this support area we started seeing a nice uptrend. This resistance area marks a critical resistance target. If we close above , we can expect 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 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, BTC is facing resistance along the 0.
Bitcoin hitting top bolinger on 15 min. Also resistance level with many highs on 4hr. Take most of profits here.