Curency : BTCUSD
Time Frame : 4H
We are in a risk zone, although we had a break from the symmetrical triangle on the 4H chart.Bulls tried to break the 4k resistance several times but failed.The indicators are also not looking good.There's a bearish divergence on CCI, FMA is getting very closer to SMA on MACD,EMA9 is about to cross the EMA21.On the other hand the...
Currency Pair: BTCUSD
Time Frame: 1H
If you read my previous analysis you will find we are not at the bottom yet. I am going to explain the upcoming situation here step by step in brief.
Here 'A' point denotes the 5k wall and 4.8k,4.5k,4.4k are 'B', 'C', 'D' onwards.
Look at the chart right now. The possible scenarios :
Rejection from B level will lead us to...
Currency Pair: BTCUSD
Time Frame: 1M
In my previous analysis when Bitcoin was trading near 5.6k I have mentioned that we haven't reached at the bottom yet.I won't go thru a longer discussion here. At this time there is too much selling pressure. Earlier I have mentioned that if we break 5.4k we will face a massive massacre. Now 4.4k is a possible accumulation...
Currency Pair: BTCUSD
Time Frame: 1W
Exchange: Bitfinex
I won't go thru a longer discussion here. Earlier I had posted a technical analysis hoping for the bull run. I had given their two significant conditions one of them was to exit from the current situation if we hit 6350 below. I hope you guys did.
Now everyone is waiting to see how far bitcoin can crash....
Currency Pair: BTCUSD
Timeframe: D1
First of all, conditions for this analysis are:
Closing price must be greater than the opening price of today.
Breaking 6350 support line anytime will be invalided this analysis.
I won't go thru a longer discussion and irrelevant information here. In brief, You can see a cup and handle chart pattern has already...
