BTC-EUR has the potential to rise to the Resistance area as a profit target.
BTC stays bullish and confirm my prediction of last week. We are seeing higher highs and higher lows to signify a growth in the price even if not at the fast pace at which BTC have made us accustomed to in the last months. This almost sideways trading is good to create a strong support level in the range 41 to 43 thousands. the next resistance appear to be around...
Possible BTC Cup and Handle Just the continuation of my BTC analyses back in January2020, on the way to 41k/50k USD.
According to this chart I've spent hours on over the last couple weeks, it will definitely either go up or go down. Could also go sideways. 🤷♀️
Levels displayed are the ones where I would add on to my portfolio, considering it shall probably not go down to the lowest point. Disclaimer : Don't invest more than what you can afford to loose !
Bitcoin to Euro is currently trading in the range market. In case we made it to the upside, that will be very bullish sign.
BTCEUR is now touching and trying to exceed 6879 mark. If BTC crosses the 6978 with strong volume position the sell at 9238 Euro. Stop Loss at 5581.32.
MACD and RSI indicate a possible good entry point for a long entry. TP1 @7000 Target is @7500 on the main resistance of the descending channel.
I detailed the wave count in wave 3 for feb 7. On track
A possible long position in the next 9 days up to 10k Euro, around the value 0.5 of Fibonacci.
In my analysis, the downward trend continues. The second triangle in yellow is the most recent. If we are lucky in case of descent from the current value we can choose to enter. To buy (To enter, wait for the dynamic support to be checked) - Il valore minimo di rimbalzo (per acquistare) è di 8389 Euro +/- If we have successfully entered, then we can wait for...
BTCEUR seems to have break the bearish trend for the moment and is in a small accumulation bullish trend. Some nice moves could be : sell @9400 buy @9050 We should have an important change near 6sept at the end of the blue triangle to determine if we could retest the 10000 resistance or falling to the 8000 support.
BTCEUR, waiting BUY ZONE near second support before buy for opening a great LONG POSITION.
The bearish trend is confirmed and continue. - Don't buy now. - The checkpoint to control the trend and open (buy) or close (sell) positions at - 9.800 Euro - 8885 Euro - 7724 Euro MACD: Instant Time Frame - It is confirming Downtrend RSI: Time 1D/1H - It is confirming Downtrend DMI: Time 1D/1H - It is confirming Downtrend Bollinger Bands - on Low Band...
BTC EUR pair changing trend. Next step for retest around 9904 ÷ 10143. This is the next selling zone and resetting.
BTC/EUR is holding above 50-DMA, intraday bias has turned bullish after break above 21-EMA. The pair is currently hovering around 6100 mark, just shy of 110-EMA at 6156, break above will see further upside. On the flipside 5-DMA is immediate support at 5924. Break below to see minor weakness. Retrace below 55-EMA and then violation at 21-EMA to see resumption of...
BTC/EUR has broken above major EMAs and momentum studies are bullish. We now see scope for test of cloud base at 10000 levels. Technical studies on daily charts are turning slightly bullish. We now see +ve DMI crossover. The pair has broken above 38.2% Fib retracement at 9198. Next major resistance lies at 100-DMA at 9938. Break into daily cloud could see further...
Hi Folks, hope all good. Here some analysis on BTC/EUR. I do not know if I told you but I am not a big fan of Bitcoin, I rather find opportunities in other cryptos. Due to its "popularity" and high correlation with mostly all the coins out there, the whole crypto space has been going down, down and down... BUT the bearish phase has ended! It was not surprising...