Bouncing off the ema nicely, will we see $12k soon? or lower prices from here? Please comment what your thoughts are for short mid and long term.
Hello. BTC is still in a global rising wedge. It kept above the trend line and continues the local upward movement. It should be borne in mind that the wedge resistance line is drawn along the shadows of very "emotional" candles. Btc is gradually approaching horizontal range support. Studs stand out very strongly against the background. The bulls seem to be...
=> Breakout range 9350-8700 for Curve Pattern. If break 9350 above, expected explosive result. The 8700 is also important to break down if the price falls below. Range of BREAKOUT 597 points: 4-touching at the upper curve? low chance to breakdown.
Support 9620-9565 Plan A : Below 9500 targets 92300-55 and below 9200, targets 8890-8765 Plan B: Above 10000, the price can test 10415-10735/11000+ Hit: Use the ALERT function at the boarder(9500 & 10000) of the breakout. We have seen exactly fall from 10000 levels as per previous update prediction Reference: => I hope you enjoyed my...
Resistance 1 = 10600 TP = APP1.618 & EXT1.618( 18000 ) activity after the breakout ( 10600 )
The BTC retrace back from an ascending channel, broke the lower boundary and then went on the sideway. The low side ($6600ish) of the sideway range shows some strenth here, keep an eye on this. If we break down below 6600 with an obvious volumn, we may go as my red arrow indicate in the future. Then it is smart to short it when it goes up to heat the 6600 level...
In My Opinion, We Should Hold Bitcoin For now With Stop Loss Under Trend line (around 6500),If Trend line Broken Then It Might Hit 5000-5600 Area Again & If Resistance Broken then Definitely it'll pump towards 7.2-7.6k Resistance Area.
Hello Traders! Today’s chart update will be on big daddy BTC, which has been trading at a key trade location where a move from is highly probable before or on February 10th (measuring previous consolidation at this current level). Points to consider, - Trend testing major resistance - POC local strong support level - Stochastics topping out - RSI trading in...
Hello guys, Today calmness is continue spreading all over the market, maybe everyone are getting prepared for the next move. Still I don't think this is going to last for a lot longer, volatility is around the corner. As we can see on the 1h chart a triangle is formed, this type of triangle usually breaks up and not down when it's keep pushing the upper flat...
everything on the chart. Buy-Stop on the entry level and let's see
Showing decreased volume and a downtrend with wild ups and downs. If your leveraging be careful and plan plenty of safety buys
BTC is showing exhaustion signals on multiple time frames. I have closed all longs and opened a short near this level. Stops are tight on this one. Targeting the 12hr 20MA and previous S/R from the symmetrical triangle formed during most of 2018 - currently both are around 7600-7800 Open interest has gone flat and started to decline on the price rise. MACD...
Bitcoin Bitmex Chart Update XBT After 36 hours of consolidation Bitcoin has held above the key 7265 level after a spike low at 7243 on this feed and since then has survived a couple more retests. It's not ready to fall away yet therefore. Looks as if it will make another attempt to touch 7615 and maybe spike into the uppermost parallel again as yesterday - this...
BTC pushed through resistance at 6800-6900 with volume support. Next major resistance is the downtrend slope from January 2018. The bearish trend resistance coincides with a Horizontal Resistance in the 7700-7800 range. If price can close above and consolidate above the bearish trend, we could see an attempt to make the first higher high this year. Bulls would...
Multi-Timeframe BTC Analysis 3 Day: We are still in a bearish trend. Nothing has changed there. Broke the symmetrical triangle, and have potentially formed a descending wedge (invalid if price closes below the support - lower red line) Bounces do occur in bearish trends and we have created two points of descending price action (lower highs) on BTC over the...