Money From Ltc Usd Ideas TradingView BTC/USD (COINBASE) BUYING affcrypto.de! for. be better to give holds. 4. Page 38 bait, and I have the Bitcoin network every Ideas and Forecasts happening I have removed clean and simple as predictions and technical outlook coinbase — Check out Bitcoin Halving: New Scenario STOP BUYING affcrypto.de! TradingView. EN. TradingView. Sign In. Ticker Trading Ideas Educational Ideas Scripts People. Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Dark color theme Sign Out . TradingView. EN. TradingView. Sign In. Ticker Trading Ideas Educational Ideas Scripts People. COINBASE:BTCUSD Bitcoin / U.S. Dollar. Trend Analysis Beyond Technical Analysis Wave Analysis BTCUSD BTC btcusdshort Bitcoin (Cryptocurrency) views. 3. 4. trendanalysis beyondta waveanalysis btcusd btc btcusdshort bitcoin.
Tradingview bitcoin usd coinbaseBitcoin USD for COINBASE:BTCUSD by Hallmac27 — TradingView
Small alteration in points B is considered,, RSI bearish divergence seen in last up swing Good short candidate,,,,,. I expect it to hit at Truncation learning - shortening something That why Elliot used the word failure shorter 5-wave compare to 3rd Wave, forever it does not move beyond or higher the end of the third. We prefer the less connotative term truncation or truncation fifth wave as illustrated in the chart.
After testing EMA21 as support, this level clearly holds, its price is now resuming the strong and steep bullish action we were enjoying before.
We know that the entire market is strongly bullish because we have Bitcoin growing together with the Altcoins Last week, Bitcoin broke out of the RSI trendline on daily and, propelled by a bullish failure swing on the 4 hr chart, vaulted beyond 20k to enter uncharted territories. It took a few days for the price to settle down and establish new levels of support and resistance. With the parabola out of the way, the price has now settled into a rising wedge pattern no 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. Comment: See comments section for updated Chart: After an hour, bitcoin is still moving sideways and it is still creating the symmetrical triangle.
So I updated the triangle to touch the bottom wicks to give it additional accuracy to this analysis. Comment: Still a beginner here and I will have to admit wrong here. In a downward trend this pattern signifies a bearish pennant which also means we will be breaking down instead of a breakout.
We probably need more data to be collected but the chances of a breakdown is much imminent here which will bring us to the price target of Thanks for the analysis.
Just a rookie, but from my understanding, a symmetrical triangle after a downtrend usually signifies a bearish pennant rather than a move upward. Also important to look at the volume during this period, if it is decreasing, I'd short.
I am rather a rookie too and actually you are right!