Find out the dangerous zone and the best point to buy BTC. - page 2.

uray

hero member

Activity: 1400

Merit: 505

Quote from: 2chase on May 20, 2019, 04:49:22 PM

I think that in general it’s still quite a realistic forecast, and with a high degree of probability this is exactly how events will develop in terms of the price of Bitcoin in the next two to three months. In general, I support this forecast because I myself think that now Bitcoin will not fall below the $ 7,000 mark.

The market has shown its strength for the past few weeks, but you cannot be sure about how the market will behave, we might see a big correction before the big rally, there is a plenty of time till the next halving and during those period anything could happen in the market, the recovery process was really fast and i felt like the market recovered too fast for my liking, i was having my plans and calculations but the fast recovery halted some of my plans. Grin

AakZaki

legendary

Activity: 2310

Merit: 1076

zknodes.org

Quote from: Whaleagent on May 21, 2019, 02:33:04 PM

Buying all in if it drops to $5800? Why would you do that? If it drops that low right now it would mean a trend change, it would likely be a weekly trend change as well, seems like a random zone. The first zone seems like a better zone to buy all in, placing a stop loss at the low of it.

5800 $ is the worst possibility if the first zone is broken, because in the first zone I predict using fibonation where fibonation lies 0.61. so in my opinion the zone is the most dangerous zone, if you don't want it to 5800 $.

shinratensei_

legendary

Activity: 3080

Merit: 1024

Leading Crypto Sports Betting & Casino Platform

Quote from: AakZaki on May 20, 2019, 10:48:27 AM

This afternoon I tried to predict the movement of the Bitcoin, using the candle and indicators that I could and the prediction will run in real time at tradingview. here I only share screnshot if you want to know my predictions can be seen in the link below in real time.

https://www.tradingview.com/chart/BTCUSD/ynGK1V16-find-out-the-dangerous-zone-and-the-best-point-to-buy/

If you think my prediction is correct? or any suggestions for me

that's still unpredictable and i guess some people have already created a similar pattern at the first wave of this bullish trend. You should put the possibility of to worst to happen too.
I can't say if that's correct because fundamental must be involved in this case too. I wanna try to say if that's more than 50% accurate.

figmentofmyass

legendary

Activity: 1652

Merit: 1483

Quote from: Whaleagent on May 21, 2019, 02:33:04 PM

Buying all in if it drops to $5800? Why would you do that? If it drops that low right now it would mean a trend change, it would likely be a weekly trend change as well, seems like a random zone. The first zone seems like a better zone to buy all in, placing a stop loss at the low of it.

it's not a random zone. even if we broke through it relatively quickly on the way up, it's a major support/resistance level on the long term charts and lots of volume was exchanged there throughout 2018.

we also consolidated there for a week in early may so it's basically the first obvious short term support area if this breaks down again.

Whaleagent

member

Activity: 117

Merit: 14

Buying all in if it drops to $5800? Why would you do that? If it drops that low right now it would mean a trend change, it would likely be a weekly trend change as well, seems like a random zone. The first zone seems like a better zone to buy all in, placing a stop loss at the low of it.

KennyR

hero member

Activity: 2282

Merit: 532

Sugars.zone | DatingFi - Earn for Posting

We don't get to know when there will be some form of forward growth or downtrend in the market. At this moment I believe every dip can be considered as a point to buy. Quite often there will be continued price fluctuation, but it is hard to find the low bottom. Doing your own self analysis about the market and making the investment helps with better earning through the growth.

Adriano2010

hero member

Activity: 1414

Merit: 516

I think the best buy in we will not see again and we need to wait more, but i think now is still a good option to buy now and to hold for longer because 7000$ we can't see again soon and if is red zone is better to hold for a bull run.

CryptoBry

sr. member

Activity: 1008

Merit: 355

Quote from: davis196 on May 21, 2019, 02:37:13 AM

I assume that the bitcoin price will calm down and there's will be 2-3 months of the price moving in between 7K and 8K USD.After that period,we will see if it has enough support to jump to 9-10K USD. This is my point of view(it might be wrong) and I don't rely 100% on charts and technical analysis.

This can be what I am wishing actually so that we can see bitcoin stabilizing at this level or its volatility can play within this parameter before going forward with $10,000 as the goal. So if we give this around 3 months, we are almost in September with that which is nearing the start of the last quarter of the year. Hopefully, bitcoin can see $10,000 before the year ends.

ajqjjj

hero member

Activity: 1498

Merit: 507

Not your Keys, not your Bitcoin

Quote from: bonker on May 21, 2019, 03:00:35 AM

Quote from: Altcoins enthusiast on May 20, 2019, 05:52:53 PM

It is now easy to predict bitcoin price because of the condition of the market currently. We are seeing many speculation this days from both posting and articles and everyone is pointing to a bullish trend in someday or months to come.

But no one can say exactly what will happen so we can't simply believe their words for investing our money.

Nowadays no one is simply believing because they are all monitor the market and buying more crypto in bear market. This year market is going to moon so Bitcoin is the perfect choice for crypto investment. The continuous improvement is make some dump and again it will move forward so Bitcoin is the good zone for this year.

Fredomago

legendary

Activity: 2996

Merit: 1053

Leading Crypto Sports Betting & Casino Platform

Quote from: 2chase on May 20, 2019, 04:49:22 PM

I think that in general it’s still quite a realistic forecast, and with a high degree of probability this is exactly how events will develop in terms of the price of Bitcoin in the next two to three months. In general, I support this forecast because I myself think that now Bitcoin will not fall below the $ 7,000 mark.

With how the support react when the market do the sideways and fall back, I also assumed that $7k can be the next support level, from here, if the market showed some flat movements and continue this current value, maybe next month some good things will follow this market and value will be
lift up, more adoptions will bring new positive growth.

bonker

hero member

Activity: 784

Merit: 502

Quote from: Altcoins enthusiast on May 20, 2019, 05:52:53 PM

It is now easy to predict bitcoin price because of the condition of the market currently. We are seeing many speculation this days from both posting and articles and everyone is pointing to a bullish trend in someday or months to come.

But no one can say exactly what will happen so we can't simply believe their words for investing our money.

davis196

hero member

Activity: 2968

Merit: 913

I assume that the bitcoin price will calm down and there's will be 2-3 months of the price moving in between 7K and 8K USD.After that period,we will see if it has enough support to jump to 9-10K USD.
This is my point of view(it might be wrong) and I don't rely 100% on charts and technical analysis.

Altcoins enthusiast

member

Activity: 490

Merit: 17

It is now easy to predict bitcoin price because of the condition of the market currently. We are seeing many speculation this days from both posting and articles and everyone is pointing to a bullish trend in someday or months to come.

2chase

hero member

Activity: 1082

Merit: 502

I think that in general it’s still quite a realistic forecast, and with a high degree of probability this is exactly how events will develop in terms of the price of Bitcoin in the next two to three months. In general, I support this forecast because I myself think that now Bitcoin will not fall below the $ 7,000 mark.

exstasie

legendary

Activity: 1806

Merit: 1521

If this local move is an impulse wave (the blue scenario) then your prediction may be right.

I'm beginning to wonder if we'll form a larger sideways formation like a triangle though. The $7,200-$7,300 area might be a good zone to watch in that case.

The red count, or something like it, is definitely my preferred route. A good few days of sideways here could easily propel this chart to $10K.

AakZaki

legendary

Activity: 2310

Merit: 1076

zknodes.org

This afternoon I tried to predict the movement of the Bitcoin, using the candle and indicators that I could and the prediction will run in real time at tradingview. here I only share screnshot if you want to know my predictions can be seen in the link below in real time.

https://www.tradingview.com/chart/BTCUSD/ynGK1V16-find-out-the-dangerous-zone-and-the-best-point-to-buy/

If you think my prediction is correct? or any suggestions for me

Topic: Find out the dangerous zone and the best point to buy BTC. - page 2. (Read 426 times)