Its 4 hrs candle converged and going down. so we can carefully see it makes HNS or not. It shows HNS, then it will be open to 24k support line
BTC SHORT: It broke its local uptrend, so it can move down.
BTC is still correction from 18000 to 20000.
BTC is in sideways movement, but for the short time frame it is bearish moment as shown in the plot. We need to check weather it is going up to 20000 or down to 18000 lines. I think, it time to trade ALT coins.
Its shows now its double bot. And the chart shows divergence pattern. If it is supported by the support line around 19 USD, it can go up soon.
The KOSPI is currently descending after hitting 2250 resistance and is declining towards the 2000 level. MACD is also in a downward direction, and RSI is already showing divergence and falling. The long-term barrier has been breaking below all of its horizons, and the first resistance zone is near the 2000 and 1900 levels. There is a strong possibility that the...
As you can see in the chart, the acceleration region of BTC was broken a day ago. So, we can see the support MA 20 and main uptrend line near 9600-9700. Based on support indicators, MACD shows dead cross and RSI broke the support line. If it can not be supported around 9600-9700 , we can expect the reversal trend.
BSV will be long It is almost converged, so if it is supported by the triangular chanel, it can go the ATH as shown.
Simply, If it is supported by around 9000 support line and MA 240 line, it will be reached at 10000 price. So, Just simply see the support position and take a entrance by the support position.
Im not gonna tell detailed analysis on it. It is supported by H&S neck line. If it breaks the swing high, it can keep its bullish market. However, dominance of BTC is also increasing and its bullish divergence (based on RSI) also become smaller. Its hard to choose but we can take short position with small stop loss.
BTC is still in bearish market from July. It broke MA support lines of 60, 120, but now it is supported by the 240 MA line and 7700 line. RSI, MACD, volumes show its bearish trends clearly. Therefore, for the short term, it can increase to up the strong downtrend line (~9000-10000) with golden cross of MACD above the support line. But for the long term, it is...
This is just simple trend of BTC. It was broken its downtrend on 31 July, so now it is on its uptrend. Now it is suppressed by the long term downtrend line, so we can expect its correction. RSI and MACD both are uptrend. So, I am going to sell BTC when the uptrend is broken. -Simple is the best trading-
BTC broke the last bearish divergence at 13 Jun as shown in the figure (the pink vertical line). Trading volume was increased and its recent strong resistances (~8000, ~8350) were broken, so the first entrance could be 13 Jun. and it was confirmed after Jun 16. (by getting higher than AHT). Indicators: For RSI, their bearish divergence broke 16 Jun., so the...
KOSPI is still in down trend. KOSPI is still downtrend since Jan. 2018. It is now try to go up after touching the 2000 strong support line. In the view of long time frame, it is almost converged so that it is going to show its direction soon. Indicators says: MACD shows dead cross and fail to break zero so that it shows downtrend. However, the RSI is getting...
S&P 500 Simply Trend Analysis It touched twice around 2950, so that the 2900 is now strong resistance line. RSI and MACD shows bearish divergence now, so it might need some more correction time to get its direction. Last week, there was strong candle which is compatible with the candle 2 weeks ago, so we need to see that it can break the short downtrend....
Now BTC is in correction time In long term perspective, BTC is still in the bullish pattern, but now it is in correction time between 7000-8000. All indicators show the bearish divergence after May 30. Market needs correction now whether it will retest the 8000 resistance line or not. Now we need to see what happens next. The 7000 line can be good chance for...
BTC Long but there would be strong resistance near 7000-8000 lines
BTC has open boundary to 6500 support line and then It will change to up-trends.