✴️ BTC Update #BTC_Update Hello dear community, after more than a week of range, we finally got some action in the last two days with first an incursion above 10k on the BitMEX platform followed by a drop to 9100. However, BTC has not closed below the 9250 - 9350 support zone and is currently on a rebound, probably technical. The daily technical situation is...
✴️ BTC Update #BTC_Update What's new since the last update dear community? Well yesterday at the end of the day we were at 9700, we are still at 9700 in a context of decreasing volume. Boring? Yes indeed! Since May 28th, BTC is moving between the support zone at 9300 and the resistance zone between 10000 and 10200. If we analyze the uptrend from the low point...
✴️ BTC Update #BTC_Update Hello dear community, let's take a look at the recent development of Bitcoin since the last update, shall we? BTC hit 8700 tails yesterday and has since rebounded to currently trade at 8850. The daily technical situation is still negative while on the 4h horizon the wavetrend has crossed upwards. 📈 Trend follower? Negative on the 1h...
✴️ BTC Update #BTC_Update Yesterday's session was extremely quiet compared to previous days, that is a fact. As a result, the trades on the daily chart yesterday, namely a short at 9600 and a long at the 7300 level are still in the pipe. The daily technical situation remains negative, but on a 4-hour horizon, the indicators are positive. 📈 Trend...
✴️ BTC Update #BTC_Update What's new since the last update, guys? The BTC came to test the $10,000 level and is currently trading around 9750. The daily technical situation, although extremely overbought, remains positive. The technical indicators for the 4h horizon also remain positive with nevertheless some signs of bending. Is this necessarily the end of the...
✴️ BTC Update #BTC_Update What's new since the last update? Bitcoin has rebounded and is currently trading above the 9000 level. However, the daily technical situation remains negative while on a shorter horizon, in 4 hours, the technical indicators have given a buy signal. It is also interesting to note a fractal similarity with the consolidation period that...
✴️ BTC Update #BTC_Update It's a new week and a new month starting guys, I hope you all had a great weekend! What's new since then? Bitcoin has been relatively quiet compared to Wednesday's pump. The daily technical situation is now negative with a buy signal given on the WaveTrend. On the 4h horizon, the technical indicators are also negative. 📈 Trend...
✴️ BTC Update #BTC_Update What's new since the livestream yesterday? Not much we are forced to admit, but the BTC has nevertheless broken its 7800 level and now stands at 7880. The daily technical situation and 4h remains positive for the moment despite an overbought situation and signs of bearish curvature visible on the daily TF. 📈 Trend follower? Positive...
✴️ ETHUSDT Update #Altcoins Let's take a quick look at the Ethereum! ETH tested its symbolic and psychological level of 200 two days ago without managing to exceed it. Since then, ETHUSDT has been evolving between 190 and this level. The Ethereum is now trading above the 195 level which is an important weekly level and above its 4h value zone. The technical...
✴️ BTC Update The situation remains the same guys, the BTC is still under its 7800 resistance zone at 7700. The technical indicators on the 4h horizon have just crossed downwards, and therefore give a bearish signal. On a daily horizon, signs of bearish curvature are visible on the WaveTrend but indicators haven't crossed yet. 📈 Trend follower? Positive on...
✴️ BTC Update What's new since the last one? A little rejection, guys, which brings us closer and closer to yesterday's proposed entry point. Currently around , the BTC is evolving from the 7050, the BTC is evolving in a daily technical situation which is positive again. On the 4h horizon, the indicators are still positive but show signs of a more and more...
✴️ BTC Update What's new since the last update? We approached $10 near our short entry point, before dropping to 6800, which would have been a great TP point. This trade is no longer valid, guys, next! Bitcoin's technical situation is positive on the 1h and 4h time horizons and the daily horizon is starting to show signs of bullish curvature. 📈 Trend...
BTC Update In the last update, I was talking about the 6950 level and its importance for a possible bullish continuation. This last level didn't hold and the BTC is currently trading at 6880 after having reached a low point at 6750. The technical situation is negative on the daily and 4h horizon even if we can see signs of bullish curves on the 4h...
✴️ BTC Update #BTC_Update What happened this weekend? The BTC finally hit its resistance zone around 7300 before dropping and is currently trading at 7150. This last high is nothing more and nothing less than a lower high on the TF 4h, which doesn't bode well for the future. Trading volumes have been in constant decline since the beginning of this consolidation...
✴️ BTC Update During the last update, I was telling you about a possibility of higher shorts, in case of a test in the next zone, i.e. around 7300! Well it ain't happened. The Bitcoin grew last night but not enough to even reach 7200 but that doesn't totally rule out the possibility of a fakeout before a further drop. The daily technical situation is now...
✴️ BTC Update The downside risk was present and so we saw a drop to 6470! However, the BTC formed a Swing Failure Pattern around its ~6600 support zone and a potential bullish divergence was visible within 4 hours, so I closed the short position around 6680 this morning. This was just before the BTC pumped almost $300 to trade now around 6900. What the...
✴️ BTC Update #BTC_Update What the hell's that BTC doing? We've been rejected twice under the 7450, which is pretty bearish, but still no massive drop. The daily technical situation is still positive while the technical indicators are negative on the 4h horizon. On the 1h timeframe, the WaveTrend has just given a buy signal, which does not rule out a short-term...
✴️ BTC Update What the hell's that BTC doing? We've been rejected twice under the 7450, which is pretty bearish, but still no massive drop. The daily technical situation is still positive while the technical indicators are negative on the 4h horizon. On the 1h timeframe, the WaveTrend has just given a buy signal, which does not rule out a short-term rise. 📈...