At the moment, Bitcoin doesn’t look bullish, however, that doesn’t make it necessarily bearish either. We are currently what it looks like, in a stage of capitulation just underneath the $51,689 support level as well as this trend line. From here, i’m expecting Bitcoin to dance around these two levels before gaining them as levels of support, and finding $54,028 (2.618 Fib) as the next target.
The dump down we saw a scam wick on December 3rd with orders hitting at $43,850 - $44,854, and another test of $47,410, implying bullish momentum is about to occur in the markets. However, I believe we’ll see a slow accumulation going into the rest of the year and the holiday season, as the markets take the stairs up and the elevator down. It’s going to take a few weeks at least for us to regain our previous ground and look forward to new high targets.
https://www.tradingview.com/chart/BTCUSD/AqsSxxi1-BTCUSD-December-Price-Targets/
The dump down we saw a scam wick on December 3rd with orders hitting at $43,850 - $44,854, and another test of $47,410, implying bullish momentum is about to occur in the markets. However, I believe we’ll see a slow accumulation going into the rest of the year and the holiday season, as the markets take the stairs up and the elevator down. It’s going to take a few weeks at least for us to regain our previous ground and look forward to new high targets.
https://www.tradingview.com/chart/BTCUSD/AqsSxxi1-BTCUSD-December-Price-Targets/
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We are giving back to our users as the holidays approach!
We are handing out some Easy Loot ($150 BTC Total, 5 winners) to lucky participants who participate in the following:
Giveaway Task:
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(c) Say ‘Easy Loot!’ in the Crypto Channel when done, so we can whitelist you for the reward drawing!
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At the moment, Bitcoin doesn’t look bullish, however, that doesn’t make it necessarily bearish either. We are currently what it looks like, in a stage of capitulation just underneath the $51,689 support level as well as this trend line. From here, i’m expecting…
https://www.tradingview.com/x/Noc1lQbJ/
#BTC this move is invalidated. We are now approaching the $47,410 level of support and if that doesn’t hold then Bitcoin is going to head down towards $43,850 - $44,854 and bounce from there with a potential scam wick of $39,696.
#BTC this move is invalidated. We are now approaching the $47,410 level of support and if that doesn’t hold then Bitcoin is going to head down towards $43,850 - $44,854 and bounce from there with a potential scam wick of $39,696.
TradingView
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Hey traders,
Updated my #ETH chart and price targets
https://www.tradingview.com/chart/ETHUSD/7sVdxdPk-ETH-USD-4H-Price-Targets/
Updated my #ETH chart and price targets
https://www.tradingview.com/chart/ETHUSD/7sVdxdPk-ETH-USD-4H-Price-Targets/
TradingView
ETH/USD 4H Price Targets for BITSTAMP:ETHUSD by kyer
Looking at the 4-hour time frame of Ethereum, we see see flat price action for the past month. The price has been floating over this 1645 level that hasnt been retested, but neither has $1284 on that March low.
Just like the banking contagion in May, i’m…
Just like the banking contagion in May, i’m…
Also, be sure to keep an eye on #LTC going into the halving this year, here are my levels i’m looking at:
https://www.tradingview.com/chart/LTCUSD/SnelGmgS-LTC-USD-Approaching-the-Halvening-Event/
https://www.tradingview.com/chart/LTCUSD/SnelGmgS-LTC-USD-Approaching-the-Halvening-Event/
TradingView
LTC/USD Approaching the Halvening Event for KRAKEN:LTCUSD by kyer
Looking at the weekly time frame of Litecoin as we are approaching the halvening event in September of this year, about 200 days away, this chart is looking eerily similar to the 2018 cycle bottom.
We’re going to see a pump upwards to $95-114 prior to the…
We’re going to see a pump upwards to $95-114 prior to the…