ArnJuDQ

ArnJuDQ

✴️ BTC Update This is it, at last! After observing Bitcoin doing nothing at all under its resistance zone, the latter is now broken with a confirmation in daily closing. The zone we are now interested in is very logically the one between 7500 and 7600. The daily technical situation remains positive as do the indicators at the 4h horizon, even if the latter...

ArnJuDQ

✴️ BTC Update New week starting on the markets, what has happened since the last update? We still haven't had our daily close above 6900 but Bitcoin is currently trading around 7050! I was telling you on Friday about two possibilities from a chartist point of view, an ascending triangle that you can see quite clearly or an ascending wedge. These two chartist...

ArnJuDQ

✴️ BTC Update What's been going on since yesterday, guys? We finally got our break? Yes and no,let's take a look at it right now! Indeed, the price of Bitcoin has indeed surpassed the 6900 zone but the break was short-lived with a high point reached at 7300 before a proper rejection. On the 4h horizon it doesn't even count for a high high in the fence and it...

ArnJuDQ

✴️ BTC Update #BTC_Update New day, time to take a look at Bitcoin guys! At the risk of disappointing you, the message is going to stay pretty much the same, this famous resistance zone at 6900 is still not broken and we won't open any long positions as long as it stays that way. Ok we agree on that, but what about the shorts? That's exactly what today's update...

ArnJuDQ

✴️ BTC Update What's new since yesterday, guys? Let's take a look at BTC! Last time we analyzed Bitcoin, it was around $6,350. It's now at 6436 after hitting a high of 6650. The daily technical situation that went negative again yesterday gave a buy signal on the WaveTrend again. The 4h technical situation remains positive for the moment and we can see signs...

ArnJuDQ

✴️ BTC Update Bitcoin dropped this weekend from 6600 to a low point around 5900, which is our previous buying range. The daily technical situation is now negative with a sell signal on the WaveTrend while the MACD did not cross over at all. On shorter horizons such as 1h and 4h, a buy signal has already been given on the WaveTrend. 📈 Trend follower? Negative...

ArnJuDQ

✴️ BTC Update Hello, everybody! Already on Friday, guys, it seems that time flies when you're in lockdown! What's new on the market? Looking at the situation, Bitcoin today, we can see that the supposed drop to 6300 hasn't happened. That doesn't mean that it hasn't happened, and you know what to do if it does. The daily technical situation remains positive...

ArnJuDQ

✴️ BTC Update What's been going on since the stream yesterday, not much, guys! Bitcoin is still around 6800 after consolidating its rise in a short-term upward triangle pattern. The low TF technical situation is rather positive as well as the daily outlook. On the 4h timeframe, the indicators show signs of bearish curves but without any crossover for the...

ArnJuDQ

✴️ BTC Update #BTC_Update What can the market do for us today? Well it's very simple! Today Bitcoin can bring us confirmation guys! Indeed, remember yesterday's analysis at the end of the session? Bitcoin was just testing that 6387 resistance level. This short term resistance is now broken with a BTC currently pushing 6850. If Bitcoin manage to close 4h above...

ArnJuDQ

✴️ BTC Update What's new after that weekend in lockdown for many of us? As I told you on Saturday, Bitcoin had bounced back to the 61.8 zone - 65% Fibonacci retracement, a trade could still be opened but given the amplitude of the bounce (~12%), it was becoming more risky. This zone nevertheless held and the golden pocket once again served as a support for the...

ArnJuDQ

✴️ BTC Update #BTC_Update What's up with Bitcoin today, guys? Great news for us, the BTC has finally broken its resistance zone, the one I've been telling you about since the beginning of the week not without a certain amount of weariness. So that zone is now broken, what's next? From a technical point of view the indicators are rather positive with a daily...

ArnJuDQ

✴️ BTC Update New day, new Bitcoin surprise, or not! Indeed dear community, Bitcoin is still under its resistance zone. It's a refrain that I've been repeating for several days and it bores me as much as it bores you, I assure you. On the technical indicators, it's positive in 4 hours, as well as daily. The MACD is showing signs of bullish curvature on this...

ArnJuDQ

✴️ BTC Update #BTC_Update Guys, I know it's a little boring of hearing or reading the exact same thing or almost the exact same thing. But the fact is, Bitcoin is still evolving under its damn resistance zone with now a sell signal on the WaveTrend on a 4h timeframe. The daily technical situation is still positive even if the MACD hasn't crossed yet. 📈 Trend...

ArnJuDQ

✴️ BTC Update #BTC_Update What's new since yesterday, guys? Well the higher low registered yesterday is still preserved for the moment, rather positive even if we still haven't broken the resistance zone materialized by the red rectangle. We have nevertheless had a bounce and Bitcoin is currently trading at 5400. A buy signal has been given by the WaveTrend on...

ArnJuDQ

✴️ BTC Update After reaching a high of 5974 in the previous session, the BTC finally closed below its resistance zone at 5321. Since the beginning of the session, Bitcoin has dropped even more than 9%. Unsurprisingly guys, the daily technical situation is negative with no signs of reversal. On a shorter horizon, in 4 hours, the same observation, indicators are...

ArnJuDQ

✴️ BTC Update The 61.8 - 65% Fibo area seemed to be holding up rather well at the close of the previous session, this is clearly no longer the case. Remember when we talked about the relationship between the classical markets, the cryptos market and the coronavirus? Well, after the World Health Organization decided to classify the epidemic as a pandemic, the...

ArnJuDQ

✴️ BTC Update Bitcoin closed the previous session in the form of a doji, once again materializing the uncertainty shown by market participants in the vicinity of the 7700's. The BTC is currently trading around the 7800's. The daily technical situation remains negative, but we can still see some signs of bending on the WaveTrends, a sign that the bearish...

ArnJuDQ

✴️ BTC Update Guys, I'm starting to like more and more of the 65% fibonacci level, look how he got hit with the pips on the candle yesterday. So the BTC has rebounded almost 4% on the 7625 level and is currently trading at 7898. However, the daily technical situation is still negative, while the 4-hour technical indicators are more in favor of a bigger...