Hi All,
Here I try to explain the reasons to be bearish based on historical data using the 50, 200 weekly MA along with fib channel and fib levels.
Please give me a like and share,
Cheers,
S.SAri
In historical BTC phases bear or bullish, its known that the USD price affects cryptocurrency. If USD aka DXY index is going up, we will see a downtrend in crypto as a whole. If DXY/USD is going down, we see crypto/altcoins start jumping 20% plus moves. So for a simple sum up, it is a very important indicator to use DXY in your crypto trading as historically,...
BTC had its big retracement for the day on Sunday
4hr flushed out late and weekend longs, but held the
important level of 40.7k.
ETH moved very similarly but rejected its monthly open
Other than that just waiting for the NY open to see what the
general markets are doing, other than that we are still
in this high timeframe range.
Wishes for a nice week to all of you.
Bitcoin has a lot of reasons why it could/should go higher, so we remain Long. Find the reasons here :
At the same time, Bitcoin dominance is on support and may rebound, this most likely means that we could expect a correction today and tomorrow.
The Ethereum chart which we will post next in on resistance at this moment...
Taking a look at bitcoin we've traded into a tight corner, the market is ranging sideways pretty much with some downside occurring at the moment. Doing a very quick top-down analysis, and I share with you a trading strategy on the lower timeframe looking for a day trade opportunity. This is a general analysis and not financial advice, all explained in the video.
Norozeton mobarak bashe man fek konam ta akhare sal trad konam dame sale tahvil dashtam Bitcoin short mikardam
Sale khobi dashte bashid hamegi
While trading always manage your position
Still short
Hello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the 1-hour time frame. The price was inside a triangle and after receiving support at the support line for the third time, the price was able to break our resistance line. It has now hit our resistance zone. If it is rejected, it can come down to the support line and if supported, it can...
As we keep printing all sorts of shenanigans is important to realise that Bitcoin has not dumping hard on bad news in last few weeks.
We keep trading above 35k and we have the orderbooks plus futures showing promising data.
Being placed towards the short side or being entirely sidelined is a risk of missing a possible sudden major upside move.
As i describe...
The FOMC meeting was for all intents and purposes a neutral/positive result at least in the midterm
A .25% increase seems to have already been priced in, we just have to wait until the end of the week to see if that theory is valid.
BTC gained the Daily S/R at 40.7k with a great previous daily close and currently holding the level
We are still center range in...
