Excavo
BITCOINBTCUSD Touched resistance line of triangle and did not break this line. Now we going to the support line of triangle. The triangle is not a definite figure and the break out can be in either direction up or down. In candle analysis I see Bearish Engulfing . Stochastic RSI - overbought
Some reasoning
This upward movement that occurred over the last month was associated with HYPE with ETF . Consideration moved to September.
While BTC did move up, all the altcoins are relatively bitcoin fall. The Alts will continue to update the lows, relatively BTC but relatively dollar, they did not drop heavily in the price.
Why do I think that bitcoin will go even lower?
At the market new big players must come in. They play in long, and for them is the most important thing is entry point to the market. They will buy any crypto for dollars. To make even more lower price of alts in the dollar, bitcoin should fall further for purchase of alts at the bottom. On this I think we are still waiting for the continuation of this downward movement.
BTSBTC on Double Bottom on Daily Chart 12% profit chanceBTSBTC on Binance on Daily hit double bottom ,
we will wait for Next candle opening , but looks like will go to next level of 2444 Sats from now in coming 2-3 weeks
which is 12% from current candle stick
BTC/USD Review 25.07 by @SupernovaEliteNow BTC gives strong bullish signals!
Price brokeout of long-term traingle pattern
with good volumes. BTC is above 100,200 MA.
Good news fon. Waiting for continuation of up-ternd.
We can see correction to 8000 or even 7500 but
my opinion will change under 7000.
ADABTC Short positionADABTC moving in small flag and I see potential moving down. Stochastic RSI - overbought
IOTA Sort positionWe are moving in falling wedge. I showed all targets and stop loss. We still moving in down trend
BTC/USD by @SupernovaEliteBrokeout of local trading range a-b
with good volume. Need keep this lvl
to continue rising movement.
NEONEOBTC continue moving in falling wedge to the 88.2% level fibonacci. But i see very big potential movement up in this coin until end of the year
BTC/USD by @SupernovaEliteWe have 2 options for further movement:
1, Main - BTC consolidating near channel support
after breakout will continue falling.
2 - price forming right shoulder of reversal pattern.
Santiment Network Token (SAN)Break out resistance line of the Falling wedge - reversal pattern. Looking for next fibonacci levels. This coin like to fly;)
API to our crypto data is now available
twitter.com
BItcoinI showed a grid of lines of supports and resistances. Also showed horizontal levels. Now we are moving into the blue uptrend channel and already we see an rising wedge - a reversal figure. The market is highly manipulated. may grow a little more, but we still fall globally.
GOLD Moving in downtrend channel. Gold touched support line of this channel and forming technical pattern - falling wedge. XAUUSD break out resistance line of falling wedge.
Crude oilUSOIL moving in uptrend channel. Touched resistance line of the channel and 61.8% first need go to the support line.
ZilliqaZILBTC look like falling wedge -reversal pattern. Touched 61.8% level fibonacci. Targets - resistance lines (blue and black).
Fundamental strong news
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bit.ly
BitcoinLogarithmic chart. My view on BTCUSD. I didn't see volume in this market. But of course after 1,5 month falling bitcoin need to show correction up.
BTC/USD by SNEBrokeout of flag pattern. With good volume.
Good opportunity to buy with 3:1 Risk/Reward.
BTC/USD by SNE. Will see rebounce?Now price corrected to 1.272 Fibo lvl retracement
of up-trend from 12 April. There is spike which
shows strength of this lvl. + there is Convergence
between AO and price.
But we still in down-trend movement..
Need to monitoring situation in this lvl.
