


Almost a perfect periodic structure of this growth: – 11 days from a low to a high and so on – S/R flip on the every stage 2 options: 1) the price will go even higher from now 2) the next low will be below the previous support that breaks the structure. Not a financial advice
It is hard to believe, but... Not a financial advice.
Some more #hopium for the bulls: – weekly bullish divergences (MACD, Stochastic Oscillator, Elder's Force Index) – weekly MACD bullish crossover. Not a financial advice.
850$ zones with major drops that are twice larger. That's what would happen, if this continues to evolve in the same way. The lack of the correction up at some point might be a sign of the last drop before the bottom. Hopefully, we could stop at 200WMA. Not a financial advice.
Equilibration around 6000$. Bitcoin seems to show some oscillatory behavior there. The bottom will be at ~4300$ according to the ratio of the positive and negative oscillations. This is not a financial advice.
Just as before! Shall we expect the test of 0.9 level again and rise after that?
2018 and 2019 crashes: in both cases RSI dropped to an oversold area and then it started to grow, while price continued to decrease, forming a bullish divergences with RSI on a daily timeframe (if we wouldn't be too picky with lows). It is not a financial advice.
I remain bullish, but there is still a chance that 7500 and even 7000 will be broken. Not a financial advice.
We almost flipped on a daily Stochastic and Stochastic RSI. And although it did not reach the lower BB, it was very close, like in many cases before. Finally, 200MA on 4h held nicely. The only bearish argument to me is that we had those drops below previous support levels, like 8400 and 8100. Initially they were tested and confirmed, but eventually they were...
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The ascending channel is definitely stronger, and the breakout happened at the intersection of the two – the market made a decision. The breakout above it would be most likely the beginning of the exuberance phase.
Finally after the bottom we have one more point at the top to draw a rising channel. Shall see, how the price will react with it. Not a financial advice.
Just looking at those daily MAs with golden cross and one more on the way... And the price has been knocking at that 50-days MA for a while... It seems like, if it ETH will finally go above 0.035 level, the "Ethereum-era" may start again. Not a financial advice.
Just a little bit more, guys. The situation soon will be just as we had on November 13th before the major drop. Not a financial advice.
Bitcoin price really got suck between 2 strong levels: previous low at 3150$ and local high at 4100$. Let's at least beak that 50-days MA at 3660$ to look more bullish. Even a small tick one way or another could lead to an avalanche launch. Not a financial advice.
If correct, we are going to continue a sideways trading for a while. A nice chance for alt coins to catch up. Not a financial advice.
Bitcoin growth from 3.2k was following the Fibonacci retracement with the maximum level at 5k. Not a finical advice.
The price broke the resistance line and tested it from the top – it held as a support. The chances of the trend change are growing. Not a financial advice.