Bitcoin close to a price correction? The answer to this question will be determined by price. Wait for the price reaction to important levels. However, price correction is more likely.
#BTC
#Analysis
#Video
https://youtu.be/W9MGc0dNCKI
#BTC
#Analysis
#Video
https://youtu.be/W9MGc0dNCKI
YouTube
Bitcoin Price Prediction + CHOOSE THE BEST ALTCOIN FOR THIS SEASON - SEE BTC FROM AFAR!!!
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Bitcoin close to a price correction? The answer to this question will be determined by price. Wait for the price reaction to important levels. However, price correction is more likely.
00:00 Intro
01:05 Market & Altcoinsβ¦
Bitcoin close to a price correction? The answer to this question will be determined by price. Wait for the price reaction to important levels. However, price correction is more likely.
00:00 Intro
01:05 Market & Altcoinsβ¦
After a pullback from 34 771$ the price bounced from 28 000$ level and SMA50. We could see a new upward movement in the structure of the main bullish trend . The crypto enthusiasts and holders are happy! The market is running to the Moon, ignoring physics laws and logic. But if we look at the market through our knowledge and gained experience, we will understand that the reversal is just the question of time.
There are no markets that can move in one direction all the time! It is great to have such dreams, but in order to make money in any market, you have to ignore your wishes and be realistic.
If we look at the 4H chart and how the price has been moving during the previous weeks, we will be able to say the following:
- the price respects SMA50, and it is a good place for buying
- the price moved far from SMA50, and it tells us about the overbought market
- RSI reached the overbought zone, and it tells us about the overbought market
"We will continue in the next post."
There are no markets that can move in one direction all the time! It is great to have such dreams, but in order to make money in any market, you have to ignore your wishes and be realistic.
If we look at the 4H chart and how the price has been moving during the previous weeks, we will be able to say the following:
- the price respects SMA50, and it is a good place for buying
- the price moved far from SMA50, and it tells us about the overbought market
- RSI reached the overbought zone, and it tells us about the overbought market
"We will continue in the next post."
- MACD lines moved far from the signal level, and it tells us about the overbought market
- the price is not far from 40 000$ round number, which can become a solid resistance
- if the market gives us a reversal candlestick or chart patterns at this level, it will be a solid bearish setup.
The market will correct the price. Probably it will be even a deep correction toward 20 000$. Why?
Because big players have to fix their profit. It makes not much sense to stay with a floating profit. The profit must be fixed, and it means that big players will start to close their long positions step by step. When and where will they do it? It can be done at 40 000$ or at 50 000$, at any round number. But it will be done. After that, we will see the correction movement toward the key support levels. If closing long positions is combined with short traders from bears and panic sell of from newbie traders, we will be able to see 20 000$.
The correction movement in the daily and weekly timeframes will allow smart traders to start buying again, and it will push the price upward.
Bitcoin , like any market, can be irrational, but it doesn't mean that we have to ignore the logic and principles of proper trading. It means that we have to be disciplined and not to buy at the top. We must plan our trades better, wait for solid bullish setups, and buy the asset at a good price. Source: DLavrov
#Analysis
#BTC
#8_Jan_2021
- the price is not far from 40 000$ round number, which can become a solid resistance
- if the market gives us a reversal candlestick or chart patterns at this level, it will be a solid bearish setup.
The market will correct the price. Probably it will be even a deep correction toward 20 000$. Why?
Because big players have to fix their profit. It makes not much sense to stay with a floating profit. The profit must be fixed, and it means that big players will start to close their long positions step by step. When and where will they do it? It can be done at 40 000$ or at 50 000$, at any round number. But it will be done. After that, we will see the correction movement toward the key support levels. If closing long positions is combined with short traders from bears and panic sell of from newbie traders, we will be able to see 20 000$.
The correction movement in the daily and weekly timeframes will allow smart traders to start buying again, and it will push the price upward.
Bitcoin , like any market, can be irrational, but it doesn't mean that we have to ignore the logic and principles of proper trading. It means that we have to be disciplined and not to buy at the top. We must plan our trades better, wait for solid bullish setups, and buy the asset at a good price. Source: DLavrov
#Analysis
#BTC
#8_Jan_2021
OCEAN / TetherUS - 1d - BINANCE
- add this currency to your watchlist.
- don't sell your altcoins.
#9_Jan_2021
#Analysis
#OCEAN
β More β
- add this currency to your watchlist.
- don't sell your altcoins.
#9_Jan_2021
#Analysis
#OCEAN
β More β
Kyber Network / TetherUS - 1d - BINANCE
- add this currency to your watchlist.
- don't sell your altcoins.
#10_Jan_2021
#Analysis
#KNC
β More β
- add this currency to your watchlist.
- don't sell your altcoins.
#10_Jan_2021
#Analysis
#KNC
β More β
RoseLearn | Crypto Trading
https://youtu.be/1qp_g-2Nwuo
Just be realistic. A market cannot always move in one direction.
What will be the price of Bitcoin next week?
Anonymous Poll
4%
$10,000
46%
$20,000
11%
$30,000
11%
$40,000
29%
$50,000
Bitcoin / TetherUS - 4h - BINANCE
- Now is not the best price to buy bitcoin.
- I will wait for the price reaction.
#12_Jan_2021
#Analysis
#BTC
β More β
- Now is not the best price to buy bitcoin.
- I will wait for the price reaction.
#12_Jan_2021
#Analysis
#BTC
β More β
Loopring / TetherUS - 4h - BINANCE
- Wait for the RED line.
- Wait for bitcoin too.
#13_Jan_2021
#Analysis
#LRC
β More β
- Wait for the RED line.
- Wait for bitcoin too.
#13_Jan_2021
#Analysis
#LRC
β More β
Price has risen with the Breakout of a triangle pattern. If the price breaks this pattern in this direction, the price increase will continue. We will wait for the price to react to these areas I drew. If the price breaks ATH and stabilizes on it, it may reach $ 1,500 and $ 2,000. If the price can hold itself above MA200 and MA10, and the RSI falls below 30, the best price to buy is formed.
#ETH
#Analysis
#Video
https://youtu.be/YarYtNoZvMM
#ETH
#Analysis
#Video
https://youtu.be/YarYtNoZvMM
YouTube
Ethereum (ETH) Price Prediction - THE FATE OF ETHEREUM!!!
Price has risen with the Breakout of a triangle pattern. If the price breaks this pattern in this direction, the price increase will continue. We will wait for the price to react to these areas I drew. If the price breaks ATH and stabilizes on it, it mayβ¦
EOS / TetherUS - 1D - BINANCE
- If the price breaks the red line, I will buy EOS. You can wait for the purple line to Break for more confidence.
#16_Jan_2021
#Analysis
#EOS
β More β
- If the price breaks the red line, I will buy EOS. You can wait for the purple line to Break for more confidence.
#16_Jan_2021
#Analysis
#EOS
β More β
RoseLearn | Crypto Trading
EOS / TetherUS - 1D - BINANCE - If the price breaks the red line, I will buy EOS. You can wait for the purple line to Break for more confidence. #16_Jan_2021 #Analysis #EOS β More β
Cointelegraph
Block.oneβs Bitcoin reserves are now worth double the entire EOS market cap
Acra CIO Jeff Dorman suggests that EOS is a good risk/reward opportunity due to Block.oneβs BTC holdings.