Weekly reversal candle in a new high? Not looking good. Rsi with bearish divergence.
Hello there, Hope that all of you made great trades this days. Take a look on this analysis and consider it for the next trades. On 3h we can observe a little bullish momentum on indicator and it can last till $55 000 range. Such a move can bring down some Altcoin Portfolios. Best deal right now for optimists would be 50/50 in and out. This is not a trading...
Everything is in the chart. Let's see what will happen. Invalidation point of above scenario is 48850.
tp on the way down and move sl to entry when comfortable. if breaks above levels provided.
I see some people viewing BTC on the hourly and four hourly chart of BTC as an accumulation phase of a Wyckoff pattern, but this is certainly not the case. Not only was the pattern invalidated. but the broader market globally will initiate a further crash of the crypto. This was actually quite obvious considering the Dow Jones, S & P 500, and NASDAQ all exhibited...
I'm sharing btc chart, so trade according to this.
Long the DXY now. The low is in and deflation is around the corner. Let's go and long dxy and short everything ( BTC , GOLD ...)
Excuse my Rainman-esque markups but I believe we're about to begin the downside of the overall Wyckoff distribution. Share your thoughts in the comments or drop a like if my chart annoys you and I'll have customer care get back with you.
Análise técnica - 30/08 - This analysis is a perfect description of the possible scenarios based on the Bitcoin and Ethereum Price Action
Not saying it's gonna happen now, and in general, I don't like betting against BTC. BUT, what comes up must come down, and this is the best long spot to make when BTC is trending lower. PAXG is a gold-backed token that is inversely correlated with BTC/USDT. Happy trades, CD
The last 4h closed candle is clearly a bearish sign, add this to a bearish DIV clearly visible on RSI, OBV, CCI and the picture is clear. Moreover VLPR shows there isn't much price action at this level, probably because we're very close to a psychological price (50k). I think the retracement should stop around VLPR's control line which is pretty close to 0.618...
Prepare for BTC to continue falling within this descending channel. Fibonacci levels that we could consolidate at are $37,390 and $35,760. $35,760 could be a strong bounce, but I do not see $37,390 being a strong bounce, mainly consolidation followed by a clear move to the up or down side.
What I see: 1H chart 1. Descending Channel - lower lows and lower highs 2. Descending MACD - more momentum to the downside 3. Previous support @ $39,300 My thoughts: BTC will break the channel and descend quickly towards $39,000, but will be met with support at that level. It will then consolidate for a few hours before making its next move. Analysis at the...
BTC has been on a steady downward trend (within a descending channel) and looks like it is consolidating for another downward move towards $28k. Volume has been significantly lower over the past few days also. My wild, out-of-the-box estimate for this 15%-20% dump is within the next 24 hours.
If we pump we must reject 50k, or bullas are coming back. Chill for now, very excited for the next dip from 50k.
A week end and month end is coming and btc doesnt seem to be quite bearish as we can see it is making a bearish penant and a head and shoulder inside not a good sign for obvious confluences for bearish are more than one we will be seeing btc in 30K range this weekend to anyone who want to buy should buy partially buy any good alt project or btc when the price...
Hello everyone Hope you all are doing good Sad for moonboys, welcome to the Pump and Dump . Bag holders for life? Goodluck so. We not buy the dip it’s all’ crashing