CryptoBullet
Midterm signal The 4th coin of the trade is #ETC Buy around : 3120-328 Try to buy in buy zone, but If price is slithly above, that's not an issue. And if below, well that's even better for you. Sell : 350 - 380 - 420 - 450 - 480 - 520 ++ 5th March :…
#ETC 2nd target reached at 380 !
Profit so far : 20%
Was expecting more from the fork. It will be almost time to close this trade (except if you are willing to hold it) as we are near the fork day (5th March)
Profit so far : 20%
Was expecting more from the fork. It will be almost time to close this trade (except if you are willing to hold it) as we are near the fork day (5th March)
🔴 Analysis: BTC
As bullish indicators strengthen, bitcoin now looks set to extend gains to $11,000 or higher, chart analysis indicates.
The cryptocurrency is up 14 percent from the lows seen over the weekend and has gained almost 12 percent in the last 24 hours, according to CoinMarketCap.
Looking ahead, the cryptocurrency looks set to extend gains to the 10-week moving average (MA) of $11,385 in the next 24 hours.
As bullish indicators strengthen, bitcoin now looks set to extend gains to $11,000 or higher, chart analysis indicates.
The cryptocurrency is up 14 percent from the lows seen over the weekend and has gained almost 12 percent in the last 24 hours, according to CoinMarketCap.
Looking ahead, the cryptocurrency looks set to extend gains to the 10-week moving average (MA) of $11,385 in the next 24 hours.
The above chart (prices as per Bitfinex) shows:
- Bullish continuation pattern: the upside break of the sideways channel signals continuation of the rally from the low of $9,280 seen over the weekend. Further, the upside break is backed by an uptick in volumes. So, BTC could extend the rally to $11,000, according to measured height method.
- The relative strength index (RSI) shows overbought conditions, thus BTC may consolidate over the next couple of hours before extending the rally.
- Bullish continuation pattern: the upside break of the sideways channel signals continuation of the rally from the low of $9,280 seen over the weekend. Further, the upside break is backed by an uptick in volumes. So, BTC could extend the rally to $11,000, according to measured height method.
- The relative strength index (RSI) shows overbought conditions, thus BTC may consolidate over the next couple of hours before extending the rally.
- The daily chart shows BTC could be creating a bullish reversal pattern known as an inverse head-and-shoulders.
- The neckline resistance of the inverse head-and-shoulders pattern is seen at $11,704. Meanwhile, the descending trendline (drawn from the Dec. 17 high and Jan. 6 high) resistance is located around $11,930 today and is seen sloping downwards to $11,650 by the weekend.
- A daily close (as per UTC) above the trendline would signal a long-term bullish reversal.
- A convincing move above the trendline resistance would push the weekly RSI above the key resistance of 53.00, signaling a long-term bullish trend revival.
- The neckline resistance of the inverse head-and-shoulders pattern is seen at $11,704. Meanwhile, the descending trendline (drawn from the Dec. 17 high and Jan. 6 high) resistance is located around $11,930 today and is seen sloping downwards to $11,650 by the weekend.
- A daily close (as per UTC) above the trendline would signal a long-term bullish reversal.
- A convincing move above the trendline resistance would push the weekly RSI above the key resistance of 53.00, signaling a long-term bullish trend revival.
View:
Bitcoin looks set to test $11,000 today and could extend gains to $11,385 (weekly 10-MA). A violation there would shift attention to key resistance levels: the inverse head-and-shoulders neckline and the descending trendline.
A daily close above the descending trendline would allow for a stronger rally to $17,400 (inverse head and shoulders breakout target as per the measured height method).
Bearish scenario: Rejection at the weekly 10-MA, followed by a quick drop below $9,280 (Feb. 25 low) would add credence to the bearish weekly RSI and trigger a sell-off to $8,000-$7,800.
Bitcoin looks set to test $11,000 today and could extend gains to $11,385 (weekly 10-MA). A violation there would shift attention to key resistance levels: the inverse head-and-shoulders neckline and the descending trendline.
A daily close above the descending trendline would allow for a stronger rally to $17,400 (inverse head and shoulders breakout target as per the measured height method).
Bearish scenario: Rejection at the weekly 10-MA, followed by a quick drop below $9,280 (Feb. 25 low) would add credence to the bearish weekly RSI and trigger a sell-off to $8,000-$7,800.
BQX (Binance)
Buy price: 0.000360-0.000380
Take-profit: +20%
MA and MACD confirms the upward movement on the 1D chart. Strong buy!
Buy price: 0.000360-0.000380
Take-profit: +20%
MA and MACD confirms the upward movement on the 1D chart. Strong buy!
#SC
buy : 185 - 193
Sell midterm : 210-230 - 250 - 270 - 295
Sell longterm : 350 - 400 - 450 - 500 - 550 - 600 - 700 - 800 - 950
buy : 185 - 193
Sell midterm : 210-230 - 250 - 270 - 295
Sell longterm : 350 - 400 - 450 - 500 - 550 - 600 - 700 - 800 - 950
The descending trendline resistance and the inverse head-and-shoulders neckline are shown to converge at $11,640 by Saturday.
A high volume break (UTC lose) above $11,640 would signal long-term bull market revival and could open up towards $17,000-$17,400.
A high volume break (UTC lose) above $11,640 would signal long-term bull market revival and could open up towards $17,000-$17,400.