Closed above the 50 day moving average As we noticed when price tested the kijun, price had a history of resistance More volume would be necessary to break thru these levels and attempt to touch the bottom of the cloud
Closed at the top of the zone I placed Closing & maintaining at 0.062 Sats would be a nice spot for more accumulation as we see BTC losing more dominance
I) Past 2 weeks, price has found support on the 50MA II) RSI has flattened III) Others could see 7k level as an entry point as week carries on IV) Would be great if we could close this week around 7.3k
$BTC 1H Interesting hour as we enter the 7k zone I) Could be some resistance/support at 7k II) RSI: overbought
-Price broke above the bull flag channel and broke down towards the 50 MA -Tested resistance at 9k and failed -Hidden Bullish Divergence
- Bull Flag formation - Daily candle looks like a spinning top -Curious if we can break this 9k resistance level
I) Intraday price action finally broke resistance on Kijun, looking to maintain support II) 4H Candles finding nice support on the 50 EMA, looking to find support on 100EMA; meanwhile the daily is looking to test the 200EMA in the upcoming days III) Approaching important resistance level 0.5, also could be a return move back to the neckline area IV) Expecting...
I) TK Cross II) Intraday price level finding resistance on Kijun (8570) III) Looking a close above 8500; hoping we can find later support on the 200EMA
I) Facing resistance on Tenkan-Sen line II) Price has been trending nicely towards the upside in the bear flag pattern III) Hidden Bearish Divergence IV) Looking for strong support at 8.5k
I) Bullish Divergence II) Price hovering below the cloud III) Resistance around 0.0745 sats
I) Hidden Bearish Divergence II) Crucial support level 7.6k-8k
Hovering resistance ~ 9.3k Needs more volume today if BTC is going to push past resistance level Price testing support at the bottom of the cloud
I) Price broken out of falling wedge and looking for support on the 100 EMA II) Found nice support at the bottom of the cloud + support at 38% Fib level III) Hitting the resistance levels at 0.078 Sats
Found support on 200 EMA + support on the 23% Fib level As you can see with yesterday's price action and volume, it formed a dragonfly doji candle as price closed near the open. Intraday levels finding support around 9.3k levels
Double Top Formation Price testing support levels from last month before the SEC hearing LTF Volume has been steady since the selloff from 9.8k to 9.3k Failed to find support on the bottom of the cloud Price is below the cloud and a kumo cloud twist to reinforce the downtrend Tenkan-sen (orange) and Kijun-sen has confluence; if the Tenkan-sen moves below then...
Hidden Bullish Divergence Stoch RSI just passed the D line Possible resistance around 11k levels
I) Bullish Divergence II) Confluence on Stoch RSI III) Price has found support on the bottom of the cloud IV) Intraday support/resistance levels ~0.076-0.078 Sats