We are in a scenario where the resistances and supports play a funamental role, for today's trade we hope that we cut the resistance or support, if we cut the support we will go short until 7.8k-7.7ko if we cut the resistance we can go long , and it will be a long time because we have the BTC with several days trying to go up in price and could not.
SHORT to 7.7k...
After the bitcoin bearish movement in the last days it reached $ 7900. The BTCUSD is expected to have a pivot movement. Two possible situations may occur: If the price breaks the resistance line of $ 8350 then we could see a higher high trade. Otherwise, if the price drops below $8350 then we could continue seeing the bearish movement that would probably reach $...
The prices has reached our support line of $10,787. We have set a firts and second Target of $ 10,200- $ 10,500. If you graphic confirms this support and breaks we will set our second target at $9,400 for 48 hour period.
BTC has also reached our $6,000 support line from firts week of February. This event may trigger another considered drop. Be alert in this...
The BTCUSD coming out afloat. After some time trying to break the bearish trend that has been going on for almost two months now, it can be seen that bitcoin has broken the strong resistance, reversing the upward trend. Now the BTCUSD is trying to match the prices between 11400 - 12000. We must wait the next few days to see what position the BTCUSD takes at...
In this graphic we can check how LTC need to pass the resistance to go at Target 1, We waiting the cut plus 1 candle to go up between resistance and the next candle. When this happen do your safe trade.
Remember put a stop loss to do not loss money and always to make a safe investment .
Just do It.
So guys, we have been watching the long term descending channel of BTCUSD for weeks now. Let's take a closer look to our trend (a time frame of one hour). The price is currently moving within the bullish pennant and did hit the resistance line so now we have to wait for the confirmation signal in order to know what position to take.
Case#1: If the Candlestick...
So guys, we have been watching the long term descending channel of BTCUSD for weeks now. Let's take a closer look to our trend (a time frame of one hour). The price is currently moving within the bullish pennant and did hit the resistance line so now we have to wait for the confirmation signal in order to know what position to take.
Case#1: If the Candlestick...
So guys, we have been watching the long term descending channel of BTCUSD for weeks now. Let's take a closer look to our trend (a time frame of one hour). The price is currently moving within the bullish pennant and did hit the resistance line so now we have to wait for the confirmation signal in order to know what position to take.
Case#1: If the Candlestick...
At this moment we see a bullish falling wedge in a short time (30Min) that made a correction after it broke the resistance at the level approx. of $10.400 reaching again the $10.800 but analyzing to a term of 12 hours our opinion is that the BTCUSD will follow its downward trend to the levels of 10K and the second level of 9.6K.
