My friends, Bitcoin is now looking like it can easily test EMA50 as the next support level EMA50 is sitting at $ Typically, when we use the MAs as an indicator for support, the price doesn't stop exactly at the MA line but instead, a wick is left behind. 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 technical indicators — Moving Averages, Oscillators and Pivots. Real-time interface to buy and sell BTC, ETH, XRP, BCH, LTC. Use advance trading tools and customize your tradeview for the ultimate trading experience. This is .
Bitcoin bitstamp tradingviewBitcoin for BITSTAMP:BTCUSD by EXCAVO — TradingView
We know that the entire market is strongly bullish because we have Bitcoin growing together with the Altcoins Last week, Bitcoin broke out of the RSI trendline on daily and, propelled by a bullish failure swing on the 4 hr chart, vaulted beyond 20k to enter uncharted territories.
It took a few days for the price to settle down and establish new levels of support and resistance. With the parabola out of the way, the price has now settled into a rising wedge pattern no Hello my fellow cryptocurrency trader, how are you feeling today?
I've been saying lately that Bitcoin has been tough on TA. The direction practically doesn't matter. I was talking about a responsibility showing such direct headlines. Nobody can be sure in this situation, where the prices will go and some people can be hurted later reading it and trading adequately. Otherwise thank you for the answer. Barrabert , You would be very stupid to trade based on a headline I certainly recommend that you do your own research and trade at your own risk.
This is in no way any trading advice. This is just me reading the chart. Whatever you make of this, it is not my problem. You are responsible for your own actions, please keep that in mind before selling your house. I fail to understand why people take your ideas so seriously? I feel sorry for those cheap mindsets why blame you for their actions.
I am always deep breathing while sitting here in front of the computer Let me know how likely it is for Bitcoin to hit this kind of price action Happy Holidays!!! However XRP should stop dumping hard now, the news made it through the whole world, everybody who had to panic panicked already. Technically we are seeing a diamond on BTC which is a bearish 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 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..
The infamous "Then they fight you" phase started! Merry Christmas. BTC is facing resistance along the 0. There is no correction at this moment!