Dec 21, · Strategy is buying the dips at the proposed blue box area. BTCUSD 1 Hour Elliott Wave Analysis We got another leg down toward blue box area. With latest movement Count has been changed from Double Three to Zig Zag as it better fits with the current price action. The Bitcoin trading strategy consists of a simple to understand trend-following indicator and a technical oscillator which can be loaded onto the highly popular Metatrader 4 trading platform. This strategy works well for Bitcoin (BTC/USD) scalpers, day traders and swing traders. BTCUSD There was a lot of bad news yesterday, things started to fall. The main part was sold, a good fall is expected, many opened short. It is not yet profitable for big players to see BTC go down. In the long term, the trend is upward, the correction has not yet been normal. The price can go up in the region of $ 29, to believe in growth.
Btcusd strategyBTCUSD — Bitcoin Chart and Price — TradingView
You can check most recent charts in the membership area of the site. Best instruments to trade are those having incomplete bullish or bearish swings sequences. We cover 78 instruments in total, but not every chart is trading recommendation. Through time we have developed a very respectable trading strategy which defines Entry, Stop Loss and Take Profit levels with high accuracy. We put them in Sequence Report and best among them are shown in the Live Trading Room Elliott Wave Forecast We cover 78 instruments in total, but not every chart is trading recommendation.
Welcome to Elliott Wave Forecast! Special Xmas Offer. Applicable to new members. WordPress Lightbox. 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 BTC is facing resistance along the 0. This is not investment advice. This is for educational and entertainment purposes only. 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 Videos only. Will History Repeat itself? Remember you heard it here first!