TradingView. Sign In. Ticker Trading Ideas Educational Ideas Scripts People. As per the rules of the crab pattern, the trend of BTC/USD started to fall because it's a bearish crab. But it's suggested to sell near the D point. It will fall up to the targets - - But as it's crab pattern, there is a possibility of a pullback. If it starts to rise. BTC is officially taking off, in just two days the price increased by 10%! Early November we see multiple interesting touchpoints. The price is still bullish but struggling. It reached around $14, three times .
Rise btc tradingviewThe rise of BTCUSD is just beginning. for BITSTAMP:BTCUSD by meszaros — TradingView UK
Please update on the next move. Thanks in advance. ShahramZa33sa , Thank you very much. Anything can happen, and vice versa. As many know the main thing that pumped price in last day or two was gamblers piling in on news that PayPal adopted Bitcoin. This was about pure greed. On the flip side of this - namely reality - is that Bitcoin and Gold have been well correlated in price action with the DJI not perfectly of course but across general trends.
I see Bitcoin as a wild ride. Overall I'm bullish over say a 20 year time frame. But in the short term - over the next year or two, I'm bearish. At that point in some deep trench would be a sweet buying opportunity.
I say that because DJI is being pumped up on absolutely hot air. This is almost purely built on greed and hope - not true tangible value. Reality always comes round to bite. 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. Bitcoin breakout trade. Show more ideas. Bitcoin uses peer-to-peer technology to operate with no central authority or banks; managing transactions and the issuing of Bitcoins is carried out collectively by the network.