Bullish hidden divergence with the RSI indicator (red lines) , 4 hour time frame. We need confirmation to enter any position , breaking that .50 fibonacci. If confirmation happens maybe break the next resistance on 0.70 price. This is an idea , trade at your own risk. SPANISH: Divergencia oculta alcista con el indicador RSI (líneas rojas), marco de tiempo de 4...
New analysis with 3 potential scenarios: Green Bullish: TF4H , break of downward channel and re-test for confirmation in MA50. Yellow neutral: Sideways price action in the support. (purple line) Red bearish: Break up of the support and possible entry in the re-test of the support (purple line) and possibly go to the down part of the channel looking the 200MA....
ENGLISH: Bullish flag in 1hr, continuation pattern, wait the breakout and enter in the re-test for confirmation. Also W formation in the last candles. also bullish. Spanish: Bandera alcista en 1hr, patron de continuacion. espera a la rotura y entre en el re-test , esperando la confirmacion. Tambien formacion de W en las ultimas velas, patron alcista.
Re-test on 200 EMA OR MA after breakout with high volume profile. retracement possibly on 38% fibo. After re-test on the 200 EMA is possibly going to look for 50% of fib retracement target of Take profit. - Follow me for more crypto analysis. - Like if you like the idea.
Price is testing(yellow) downtrend channel (purple) of 29 june 2019. The price tested the upper side of the downtrend channel and rejected , this is good for a new bullish rally and maybe breaking 10.000 lvl support. After touching that support 3 times (green). Hope you like it.
BTC breaks downtrend channel daily , good bullish signal but is facing 10.000 supply/resistance zone . BTC maybe retest the downtrend channel first and then catch a new bullish momentum. (yellow line) if Breaks 10.000 is (green line) , testing 10.500 resistance zone , then testing support zone at 10.000 and then bullish rally again.
The bullish rally is going to test 24 January 2020 resistance at 0,1948 (YELLOW LINE) 2 possibles scenarios as always: 1st With big volume breaks the resistance level (YELLOW LINE) and test it again for the possible target at 0,2068. 2st bounce back on the resistance looking for sell opportunities. The price follows the bullish regression trendline 12 march...
Downtrend parallel channel, but local uptrend, the pullback and price is going to test 200 MA, maybe respecting it and keeping the price going to the resistance at 200 $
4 hour time frame , price action respecting the moving average of 80, going down to the support at 6000 and then going up to the next resistance on 7500 , good buy entry at 6000. after that maybe go through the resistance with force (green line) or bounce back (red line)
After significant drop , like bitcoin mayor support on 100$ , touching the bottom part of the downtrend parallel channel , maybe going lateral some days because of fear on panic , and maybe going up with the economic news in the us (interest rates going to 0) and stock market going up.