BTC USD (Bitcoin / US Dollar) This is the most popular Bitcoin pair in the world. Bitcoin uses peer-to-peer technology to operate with no central authority or banks; managing transactions and the issuing of . Dec 16, · BITCOIN vs USD (BITFINEX) Update: Bitcoin is looking very bullish at the 4h chart time frame. The 1h chart is not that solid, but that is only the short then, the daily chart looks strong. I can Author: Alanmasters. View live BITFINEX/BTCUSD chart to track latest price changes. Trade ideas, forecasts and market news are at your disposal as well.
Tradingview btcusd bitfinexBitcoinUSD (BTCUSD) @ BitFinex - The Next Move for BITFINEX:BTCUSD by alanmasters — TradingView
As I mentioned, the 1h and 2h charts had bullish signals, but the 4h chart wasn't there yet, and long term Bitcoin daily was overloaded, overbought, and it seems that the weight was too much, so it fall. Now, we are sitting close to the main resistance line I drew, and the second one wasn't touched. But it is still there waiting to be tested by all the bears.
Where do we go from here? Look at the chart and you will understand:. Comment: Can Bitcoin and Bitcoin Cash go up together? Not likely, and Bitcoin Cash is going full steam ahead. Bitcoin might drop further to the next support level. On the longer term, daily chart, still hasn't confirm a change of trend, still down. Confirmation can be achieved, from the charts in maybe depending on the movements of the coin. Comment: Looks like Bitcoin's price will keep on declining, I will share two charts with you.
I will give it days to see stronger signs on the charts, after that I will revisit and see where things stand. Comment: The "early signs" where just that, early signs, and they didn't materialize to anything good for the price of Bitcoin. Add another days to my earlier post, after this new development, to see BTC start trying to form a new trend. In the meantime, instead of focusing on "when" Bitcoin price will reverse, let's see where we stand now.
Let's look at the 1D chart: - We have 5 red candles and the beginning of a new negative candle count. Which is a bearish signal. This is incredibly bad if we close below this price. But this is not over, many bearish signals are still being given by the chart. Very bearish.
Based on that, the BTC price will continue its decline until it can finally establish support. Once support has been established, we can talk about the next step. Note: We didn't reach oversold on the 1D chart though. So not as a strong a signal as one would like but still a very strong signal.
Comment: Unless something unpredictable happens, it seems that the BTC correction is over. This is a 4h chart:.
Trade active: Bitcoin is starting to go up now. So far so good from my update 15 hours ago. Comment: Bitcoin has been holding strong, we still don't have the "green" light and we will definitely see more sideways but I think our next move is up, after the consolidation. It can take several weeks though according to what I am seeing from the daily and weekly charts. As long as it remains stable and doesn't go down.
It is all good. If those levels are broken, then we keep on moving up until the next resistance. I do know that you are going to get a new free altcoin, B2X or Segwit2x , don't know how it will be called. This will do three things: 1 Secure your profits if BTC takes off. Comment: Looks like the Segwit2x was a scam, or so people are telling me. I really don't know yet. The weekly chart shows a strong bounce and points to this level holding.
I can get more information from candlestick analysis, after this week closes on Sunday. Comment: Quick BTC update This is the Bitcoin trading channel, small and big, resistance and support:.
Comment: What this Bitcoin chart tells you are the levels that needs to be broken for upward or downward movement. It also tells you the possible sideways movement, which is within the channels. This time I am using the daily chart. The orange channel was broken, downwards, but the blue is still a bit far away. Comment: Bitcoin Update: A nice push up got us back into the orange channel If BTC goes wild in any direction, than the market moves in several ways.
But BTC most likley needs more to consolidate. We don't mind waiting, altcoins is what we trade. When BTC goes back up, our profits will also gain. Comment: Bitcoin is moving good. I will update my chart when we hit the orange channel resistance level. Trade active: We are still within these channels, this is consolidation time for Bitcoin.
Once Bitcoin wakes up, we have to watch in amazement, the market will roar!!! Trade active: Bitcoin is doing good, it is reaching the upper resistance of our channel.
All the indicators on the daily chart support this movement, as they are showing bullish tendencies and plenty of room for growth, but, we still need to break this level and close above it on the daily chart to really seal the deal. I would expect at least some action in the higher channel if this level is broken as described above. This is a short term analysis, so from there, we would look at Bitcoins next move.
Where to next Bitcoin? Comment: BTC is trading above the main orange channel, it managed to breakout and close above it. So Bitcoin is in the green, there are good chances for further growth. Yet the daily and weekly chart are not as bullish as one would need for massive growth.
So this might continue as steady low growth and maybe more sideways on the bigger channel. Comment: Bitcoin Update: I just updated my Bitcoin channels, hope you enjoy it:. Comment: Let's look at our channel closer one more time. Pretty simple, we are still accumulating Comment: Still keeping track of the big boy. Not much to look at here, as long as we stay on these channels, we can trade our Altcoins and make huge profits.
We've been in this channel for 3 weeks. Nothing is really happening, just going up and down. This is ok, this is good. I still believe that this will take a while longer, so give it time, all is good. Here is what can happen: - If Bitcoin breaks support it goes down. Pretty simple. Here is the chart for your entertainment:. Comment: Bitcoin is still tradign within the channel.
And we are still seeing higher lows, even with today's dip. Check it out. It also hasn't close below the support line.
The day needs to be over and the price close below this green channel for the trend to change. We are still on an uptrend but this can change really fast. You can see it from the chart.
If you like the idea, do not forget to support with a like and follow. This Christmas pattern is just for fun but at the same time may be relevant to the current situation.
The infamous "Then they fight you" phase started! Merry Christmas. Hi Everyone! Merry Christmas! It's not a bad idea to have another window up with the 3h, 6h and 12h time frames as well. What do yall think? Let me know how likely it is for Bitcoin to hit this kind of price action Happy Holidays!!! Hello everyone In my previous analysis even though I am bearish in bigger picture..
However in 1 hour time frame we could have a breakout that could lead to a new high Price stuck inside a triangle.. Price broken triangle but need to close above green line and same time Green line need to hold as support..
Yesterday BTC aims towards local support orange line. After trying to attempt this support area we started seeing a nice uptrend. This resistance area marks a critical resistance target. If we close above , we can expect This is a quick short-term update on Bitcoin. The price is close to the 4H MA50 and so far it has held three times on respective Higher Lows attempts.
This is causing BTC to consolidate within a Triangle. Triangle's are common within the dominant medium-term pattern, which since late October is a Bullish Megaphone and I have analyzed this extensively numerous Hi, Welcome to this analysis about Bitcoin, we are looking at the minute timeframe perspective.
Since Bitcoin formed this significant bull-trap yesterday after moving above the level and pulling back to previous zones with an emerging impulse it is forming an interesting formation now that will be the determining source within the upcoming times,