The price has broken down the bearish trendline represented in red colour, generating a strong bullish impulse and then starting a lateralization phase. At the moment it is racing the resistence and if it broke the resistence down a bullish movement with a target of 11,000 USD might happen. However, pay attention to the negative divergence between the price and...
After a huge bearish phase, the price has generated a simmetric triangle that is to be seen as the result of the congestion of the fluctuations. Both R.S.I and Stochastic haven't reached the overbought zone. However, I suggest paying attention to possible bearish crosses in the aforementioned second oscillator. The breakdown of the support or of the triangle...
If the price definitively broke down the green bullish trendline , it could have a dump and reach the support at 10,400 USD. If the red resistence broke down, an impulse at 11,400 USD is likely to take place. Keep a very close eye on this graphic!
The price has broken down the bearish trendline represented in red colour, generating a strong bullish impulse and then starting a lateralization phase. At the moment it is racing the resistence and if it broke the resistence down a bullish movement with a target of 11,000 USD might happen. However, pay attention to the negative divergence between the price and...
The price, after breaking down the bearish trendline, created a huge bullish impulse until about 250 USDT. Then it retraced on the support placed at 180 USDT. At the moment, the rebound happened on that support shows positive signals. These aforementioned signals may suggest a coming back nearby the resistence area (underlined by the red rectangle). In case of a...
After the huge bullish impulse, bitcoin is going through a retracement phase, which has reached an important support area (represented as a green rectangle) placed between 9,400 and 8,900 USD. Bollinger bands and the related markers underline that volatility is high. The aforementioned fact means volatility into the support area may decrease and then we could see...