Bitcoin Georgia
16/05/2018
Crypto Signals, [16.05.18 15:41]
BTC/USD Update
After 10 days of decline from $10 000 to $8000, BTC is finally showing signs of potential recovery. On the chart below you can see that BTC is forming falling wedge. Falling wedge is by default bullish sign. This bullish sign is even stronger because it is confirmed by bullish divergence on RSI. Bullish divergence can be spotted on few time frames (2h, 4h, 6h, 12h). As you can see, mostly on larger time frames. On low time frames (1h, 30min, 15min) there is no bullish divergence but these time frames are used for small changes in market (scalps) not big ones (swings).
Bullish divergnes are clearly visible on other indicators such as MACD&Histogram, Stoch RSI... So, we are talking about bullish divergences on the majority of indicators. So,we have very strong signs of a potenital market reversal.
Key price levels?
If we stay above 8150, this potential bullish sentiment will still valid. Breaking this price level will lead us in area of uncertainty! If we find support around 8050 and reverse back above 8200, then it will be even bigger bullish sign because there is big possibility that bullish divergence will be found on 3 lows and that's much better than 2 lows. Breaking below 8000 won't be great for cryptomarket.
So, to conclude, there are a lot of bullish signs but breaking below 8150 and especially 8000 will make those signs unvalid! Targets for uptrend will be announced once we get confirmation of an uptrend!
Crypto Signals This is channel that will try to help you with signals, tips and suggestions. We are following news, analyzing coins and according to current situation, we are giving signals. You can learn and earn with us! Channel link: https://t.me/CryptoExpertSignals
22/03/2018
Crypto Signals, [21.03.18 17:32]
BTC chart update: http://prntscr.com/iua7yb
This is very importnt point for BTC in short-term view.
At the moment, BTC is testing EMA 21. It is solid resistance and if we see BTC above 9.3/9.4k this short-term downtrend will be over and we can wait for EMA 55 and downtrend line to be crossed to finish overall downtrend.
So, today and probably tomorrow will be very important day for crypto market. We will see big boom or we will go down again. In my opinion, it is not important. For me, the only thing that is important is to identify trend before it happens so I can go long or short and make profit. That's why I love margin trading. Even if market is going down, you can make profit by betting against market.
I am still testing a lot of strategies for margin trading. In my paid channel, we already have special part for margin trading but in day or two we will share at least one call per day so everyon can generatenice profit. Of course, if market is not good, I do not suggest opening any position, whether it is long or short because it is better to be without the position than to be in losing position! Again, patience is the key! If you wait enough for good entry, you will get opportunity sooner or later.
Also, I will share in free channel 1-3 calls per week. I can't tell you exact day or time. I will share once I am confident. So, if you want to follow that signals, I suggest you to open an account on Bitmex and you can try with small deposit and see how it is going. This is my ref link: https://www.bitmex.com/register/GKw65I
I mean, we can just hold but in my opinion it is better to try to generate some extra profit while market is not showing positve signs. In margin trading, it is possible to make profit even in this period that's why my focus is there.
Of course, paid channel will get much more signals but I will not forget the free channel for sure.😅
Cheers, CS!
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