BTC/USD SHORT SET UP(GO LONG AT FINAL TAKE PROFIT10540.49 – 6526.00 range. Likewise, a move back above the 8059.54 area will be seen as a bullish development as this represents the 38.2% retracement of the same range. Below current price activity, traders anticipate Bids around the 7597, 7473, 7313, and 7117 areas. Above current price activity, traders anticipate Offers around the 8177, 8340, 8585, and 8799 areas.
Btcusdsell
#BTCUSD#Bitcoin, There is no technical change on the horizonThe downward trend is still here, although we have had two days of ups this is only a small correction on the price.
The star-shaped red candle that appeared after the 2 green candles signifies the end of the ascents and the resumption of the declines.
Red and clear Ichimoku cloud.
The BTC/USD is below the 200 moving average line.
Target: 6900
#BTCUSD#Bitcoin, Downward trendThe blue lines in the above graph are the Fibonacci retracement which is a strong indicator of support and resistance lines.
Bitcoin failed to reach its target of $ 13000 and responded to a decline that is currently intensifying because we broke the support line 50%.
The red line rose above the green line in the Ichimoku cloud which is a bear sign.
Target: $ 9500
Bitcoin Still SHORT 1 HR Chart 11.7. 9.00 am NYT#Bitcoin #Ethereum #Litecoin #Crypto
Hello to all watching my charts.
In Bitcoin we are still in Short mode
as you can see both channels are falling down
and the Purple channel for the shorttime signal
is falling even more , what shows is weakening in
Bitcoin.
Every few hours it seems to be little bit improvement as
bottom showing as now 9:00 but at first Bitcoin has to move out
of the Purple and move out of the Blue channels
and has to show us high highs and higher lows for to change
the decision of short.
I have marked these aerea with a blue arrow
in which a trend change could startet,
On the downside i have marked 2 black lines
as next support aereas.
Good trades
If you want to support my work an dmy charts peales like them...
Renkotarde
BTCUSD - CRYPTO - 02. JULY. 2019Welcome to DACapitalTrading, We provide any kind of Technical and Fundamental Analysis
for Forex and Crypto-Currency Markets every day!
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1 HOUR
Very bearish price action after price formed new highs.
4 HOUR
Bearish break below supporting trendline and previous h4 low.
DAILY
Very bullish price action found its resistance and heading down now, still good short entries!
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CRYPTO SETUP
SELL BTCUSD
ENTRY @ 10640.0
SL @ 12330.0 (15.7 %)
TP @ Open
RR: 1:2-4
Use half of normal Risk !
(Remember to add a few pips to all levels - different Brokers!)
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Have a great week everyone!
ALAN