Disclaimer: This is merely a speculative theory on Bitcoin's next potential move. I trade based on confirmations provided, rather than predicting Bitcoin's future price action. The future is something we need to prepare for, rather than predict. In this post, I'll be providing my own theory based on a combination of Fibonacci Time Zones, and technical indicators Analysis - To begin with, we. BTC USD showing signs of positive growth after stabilising above 11, Expect price to reach close to 12k resistance or higher in the next couple of weeks. TradingView. EN. TradingView. BTC USD LONG. Bitcoin / U.S. Dollar (BITSTAMP:BTCUSD) WealthXNetwork. BTCUSD Weekly Report: trend between 14NovDec Weeky point Max Weekly point Min The prediction for next week between Dec Consideration at Long Week trend: RSI Line in zone overbought and MACD signal in zone overbought Preferred point in uptrend, if is still support look for target and The preferred point in.
Btc usd long tradingviewBitcoin Chart Views Soared Along With Price in November, TradingView Says - CoinDesk
Again it is simple to see why i think this is a key level, look how many time this price has been used as strong support and resistance in the past1 Price hits this level and then bounces in the opposite direction It really is not hard. My charts are clean and clear, no need to make them Local corrective and false breakdowns waves are possible; we expect the development of a long trend in the future.
Price respected resistance lovely as explained in my last BTC USD chart and now bears are pushing price down to my previous resistance turned support zone highlighted by my golden box. Once price gets to this zone i will be monitoring closely on the smaller timeframes to see if price slows down or if we can get a break through this support zone and then retest it At this stage, we observe a continuing trend in the form of an impulse; we believe the growth will continue, and targets will be formed as we approach the price maximums.
The investors' sentiment is at moderately positive level, that also confirms our Trading suggestion:. There is a possibility of temporary retracement to suggested support lines.
Technical analysis:. Predictions and analysis. Videos only. I still believe something like this will happen Message me. Show more ideas. With the parabola out of the way, the price has now settled into a rising wedge pattern no After testing EMA21 as support, this level clearly holds, its price is now resuming the strong and steep bullish action we were enjoying before.
We know that the entire market is strongly bullish because we have Bitcoin growing together with the Altcoins Hello my fellow cryptocurrency trader, how are you feeling today?
I've been saying lately that Bitcoin has been tough on TA. What's this means is that some of the signals that are usually very accurate tend to be ignored. We can see Bitcoin reaching a peak and falling strong the next day Bitcoin in a triangle pattern on 15 min chart likely to give upward breakout. While often interpreted as a continuation pattern, like all triangles, a symmetrical triangle is a neutral pattern with a slight continuation bias bullish in this instance.
This could soon break Videos only.