Crypto Signals
Bitcoin downtrend finally over?b https://www.tradingview.com/x/OPiGJBfv Looking at the current price action, this looks perfect for bulls and I think the bottom has been reached. The previous low has been take, huge bullish engulfing on daily time frame.โฆ
Great Bitcoinโs performance caused a phenomenal weekly close above resistance ($7300).
While this looks great, just to remind you we have still one big resistance to break in order to say the bottom is reached and that is the area around $7700.
The higher above that area we go, the better and the pullback will be for buying.
So the forecast for this week is very simple.
The test of resistance ($7700-7800) is most likely to happen and also the test of $7300 is for buying if it happens.
While this looks great, just to remind you we have still one big resistance to break in order to say the bottom is reached and that is the area around $7700.
The higher above that area we go, the better and the pullback will be for buying.
So the forecast for this week is very simple.
The test of resistance ($7700-7800) is most likely to happen and also the test of $7300 is for buying if it happens.
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Integrated with major exchanges + unique wallet
Running 24/7 on the cloud
Signals provided inside the platform
Tradingview automatic trading
FREE to use
Stop Loss/Take profit
Buy THE DIP FUNCTION
Multiple PRE-SETTLED FUNCTIONS
Trailing STOP LOSS
Sign up : https://venbot.io/
Official chat: @VenBotio
Live trade video :
https://www.youtube.com/watch?v=PeBp9pKskNA
December 17th, 2017 - Bitcoin reached an all-time high at $20k.
December 15th, 2018 - Bitcoin bottoms out at $3.1k
December 18th, 2019 - Bitcoin creates the lowest low after topping out at $13.9k in June.
Is this just a coincidence or there is something special in December that is important for Bitcoinโs cycles?
December 15th, 2018 - Bitcoin bottoms out at $3.1k
December 18th, 2019 - Bitcoin creates the lowest low after topping out at $13.9k in June.
Is this just a coincidence or there is something special in December that is important for Bitcoinโs cycles?
Crypto Signals via @vote
Coincidence?
anonymous poll
No! โ 95
๐๐๐๐๐๐๐ 56%
Yes! โ 75
๐๐๐๐๐๐ 44%
๐ฅ 170 people voted so far.
anonymous poll
No! โ 95
๐๐๐๐๐๐๐ 56%
Yes! โ 75
๐๐๐๐๐๐ 44%
๐ฅ 170 people voted so far.
Bitcoin hit $7700
In my opinion, the bottom has been reached but it doesnโt mean weโll go up straight from this point.
Looking at the current price action, I expect to see a ranging market for the next two weeks between $6900 and $7700 that would be bullish in my opinion and after which, we can see some nice moves up.
In my opinion, the bottom has been reached but it doesnโt mean weโll go up straight from this point.
Looking at the current price action, I expect to see a ranging market for the next two weeks between $6900 and $7700 that would be bullish in my opinion and after which, we can see some nice moves up.
Weekly is showing the same scenario.
It printed an amazing weekly candle after taking the previous low but it is still below the main resistance.
The real bullish momentum, in my opinion, will happen after we have a weekly closure above $8.5k.
Then we can expect the beginning towards a new high.
Donโt get me wrong, the situation is pretty good.
Bulls are there but donโt be disappointed if you donโt see price mooning.
The more we accumulate in this area, the higher we will go!
Mark my words!
It printed an amazing weekly candle after taking the previous low but it is still below the main resistance.
The real bullish momentum, in my opinion, will happen after we have a weekly closure above $8.5k.
Then we can expect the beginning towards a new high.
Donโt get me wrong, the situation is pretty good.
Bulls are there but donโt be disappointed if you donโt see price mooning.
The more we accumulate in this area, the higher we will go!
Mark my words!
Crypto Signals pinned ยซEducational articles: Why will 99% of Altcoins die? Latest Coin Analysis: ETH : https://t.me/CryptoExpertSignals/4984 XRP: https://t.me/CryptoExpertSignals/4985 BNB: https://t.me/CryptoExpertSignals/4983 TEZOS: https://t.me/CryptoExpertSignals/4982 BAT:โฆยป
Forwarded from Crypto Signals
May the spirit of the Christmas fill your home with peace, joy and love.
I wish you all dear friends merry Christmas๐๐๐
I wish you all dear friends merry Christmas๐๐๐
Bitcoin got rejected from $7700 and itโs currently at $7300 (mentioned support in one of the previous updates).
In my opinion, the green area is for buying targeting a breakout of $7700 that would lead $8500.
Great setup and target with the opportunity to put tight stop loss make this potentially very profitable setup.
In my opinion, the green area is for buying targeting a breakout of $7700 that would lead $8500.
Great setup and target with the opportunity to put tight stop loss make this potentially very profitable setup.
Liftoff ๐๐๐
Itโs going in our direction. ๐
If you get in that trade, donโt try to manage it by moving to break even or something like that.
We are still in the manipulative area where we can still see a wick our entry and then move up.
So just wait and let it go, do not attach yourself emotionally to the trade or the current profit youโre in.
We are waiting to see which formation is about to form so maybe we can get an opportunity to add even more to the trade.
Itโs going in our direction. ๐
If you get in that trade, donโt try to manage it by moving to break even or something like that.
We are still in the manipulative area where we can still see a wick our entry and then move up.
So just wait and let it go, do not attach yourself emotionally to the trade or the current profit youโre in.
We are waiting to see which formation is about to form so maybe we can get an opportunity to add even more to the trade.
Shame on YouTube ๐คฎ๐คฎ๐คฎ
Look for alternatives.
LBRY project could be one of them.
Look for that coin guys, the current price is $0.21 it may explode if this shit continues!
Price in BTC is only 300 sats and its all-time high was 30 000 sats.
#Just Saying
Look for alternatives.
LBRY project could be one of them.
Look for that coin guys, the current price is $0.21 it may explode if this shit continues!
Price in BTC is only 300 sats and its all-time high was 30 000 sats.
#Just Saying
Just to mention, I am not saying LBRY will reach new all-time high but it can easily make 3-5x.
High risk, high reward opportunity!
High risk, high reward opportunity!
Crypto Signals via @vote
Do you think LBRY has some chance to get attention throughout this YouTube drama and make 3-5x?
anonymous poll
No โ 103
๐๐๐๐๐๐๐ 60%
I have no idea โ 36
๐๐ 21%
Yes โ 33
๐๐ 19%
๐ฅ 172 people voted so far.
anonymous poll
No โ 103
๐๐๐๐๐๐๐ 60%
I have no idea โ 36
๐๐ 21%
Yes โ 33
๐๐ 19%
๐ฅ 172 people voted so far.
Crypto Signals
Liftoff ๐๐๐ Itโs going in our direction. ๐ If you get in that trade, donโt try to manage it by moving to break even or something like that. We are still in the manipulative area where we can still see a wick our entry and then move up. So just wait andโฆ
And as I said, they dumped it right back to the entry while not invalidating the initial setup.
You need some serious skills and a lot of experience in the market to forecast something like this!
While am I keep holding?
Because the potential reward is enormous compared to the risk and I donโt care for small wins.
I am going for a big one this time.
If I lose, at least I would know what I was waiting and target for rather than entering random trades without any target in mind.
You need some serious skills and a lot of experience in the market to forecast something like this!
While am I keep holding?
Because the potential reward is enormous compared to the risk and I donโt care for small wins.
I am going for a big one this time.
If I lose, at least I would know what I was waiting and target for rather than entering random trades without any target in mind.
Is this a perfect scenario for bulls?
Most people would say no but after we printed obvious bearish signs in the market (today's daily candlestick), I see a lot of people becoming bearish placing their stops above today's wick which is perfect for the entire setup.
If we come close to $7400, I expect $7700 and even more easily just because of the thing I've just mentioned.
The today's daily closure wasn't at an important resistance, it was in the range and that's why it has little to no value in overall direction.
If we get this candlestick on a resistance, that's bearish.
This formation in a range means nothing and usually serves to create fake momentum in the market.
Most people would say no but after we printed obvious bearish signs in the market (today's daily candlestick), I see a lot of people becoming bearish placing their stops above today's wick which is perfect for the entire setup.
If we come close to $7400, I expect $7700 and even more easily just because of the thing I've just mentioned.
The today's daily closure wasn't at an important resistance, it was in the range and that's why it has little to no value in overall direction.
If we get this candlestick on a resistance, that's bearish.
This formation in a range means nothing and usually serves to create fake momentum in the market.