Current support is located at 8000 $. The resistance is located at 8500 $. In my opinion BTC will bounce back up again when it will touch the 8000 $ resistance. Here is why: 1. The RSI & the MACD are very low. 2. Like I indicated in blue, there is an upside down "shoulder-head-shoulder" pattern. This is very good news. 3. Bitcoin is touching right now a big...
Current support is located at 8000 $. The resistance is located at 8500 $. In my opinion BTC will bounce back up again when it will touch the 8000 $ resistance. Here is why: 1. The RSI & the MACD are very low. 2. Like I indicated in blue, there is an upside down "shoulder-head-shoulder" pattern. This is very good news. 3. Bitcoin is touching right now a big...
Bitcoin is currently testing the 8500 $ support. A resistance is located at 9000 $. BTC is currently bouncing up and down between 8500 $ & 9000 $. In my opinion, we will see Bitcoin go to 9000 $ and then bounce back down again. The RSI & MACD are low, this is good because it means there is room to go up.
Current support is located at 8600 $ and there is a resistance at 9000 $ & 9400 $. Bitcoin is currently in an uptrend. ( Indicated in blue ) RSI & MACD are not looking bad. We may see a pull back to 8400 $, but it depends on the upcoming news. If there is good news, BTC will break the 9000 $ resistance for sure!
BTC don’t followed what I said on sunday, but the good news is that it went up! Current support is located at 9000 $ and there is a resistance at 9375 $. The MACD & RSI aren’t looking very great… You can see that the MACD is high and there is a M-pattern, that means that there will be a little pull back during the following hours. RSI is also very high, it’s...
Current support is located at 7400 $. There is a big resistance at 8185 $. In my opinion will follow these steps: 1. BTC will go to 7400 $. 2. Bounce back up to 7900 $. 3. Bounce back down to 7200 $. 4. Bounce back up to 7500 $. 5. Bounce back down to 7000 $. 6. And finally bounce back up. ( End of the down trend ) The RSI & MACD are still very low. It seems...
Bitcoin went massively down past few days. I drew in yellow the current ascending support. The MACD & RSI could look better and like you can see on the MACD in white, there is an M-pattern. That’s not good news because it means that BTC will go again a little bit down. There is also another support located at 6800 $. If BTC breaks that support, it will go down...
There is currently a support at 8500 $ and a resistance at 9400 $. It’s very difficult to predict something right now because BTC is very volatile last days. The MACD could look better and like you can see, BTC is in a down trend. The RSI is low, that’s good. I drew in green an upside down « Shoulder - Head - Shoulder » pattern.
I made a mistake yesterday when I said that BTC would go a little bit more up because Bitcoin went massively down past hours! Current support is located at 8500 $ and another at 8325 $. The MACD isn’t looking very well and the RSI is close to the downside There isn’t a lot to say about current situation.
LTC Chart Update: LTC is currently testing the 185 $ resistance. MACD & RSI are not looking very good, but also not bad. In my opinion, it all depends of upcoming news. If there is good news, Litecoin will break that resistance and go to 200 $. If there is bad news, Litecoin will fall to 165 $. It’s very difficult to say, but I think that Litecoin will go to 190...
After the massive fall of the past days, ETH bounced up again! The MACD & RSI charts are looking very good, especially the MACD. There is currently a resistance at 780 $ and a support at 650 $. Like for Bitcoin it’s very difficult to predict something, but I’m for the moment more at the bullish side.
Like I said yesterday Bitcoin went up! ;-) ( And it followed the line that I drew) There is currently a big resistance at 9700 $. I don’t know if BTC would be able to break that resistance, it all depends of upcoming news. If there is again a new FUD, we will see a pull back to 8325 $. If there is good news, BTC will break the 9700 $ resistance. So I will not...
BTC went strongly down yesterday… It’s very risky to say this, but I think that Bitcoin will go up in the next hours. Here is why: On 5 February BTC went crashed ( - 33% ) and it went up again very fast! The MACD chart is very low, and you can see a W pattern in the volume. This is good because that could lead to a jump of the price. To conclude, I’m bullish on...
Good afternoon dear Traders! I hope you are doing great during this red day… Here is my BTC Chart Update: Bitcoin is currently breaking the 10 270 $ support. (Indicated in yellow) I also drew another support located at 10 000 $. It looks like BTC is now in an ascending triangle! This can be good or bad news. Usually ascending triangles lead to a downtrend…...
BTC broke the 11 200 $ resistance. We may see a pull back very soon, here is why: The MACD & RSI are still very high. You can see that yesterday on 18 o'clock, BTC went suddenly up! Like I said yesterday, it all depends of upcoming news for the moment. But here it's a little bit different, the news is already there. And the price went very fast up, so I think we...
It looks like Litecoin is now in a descending triangle. ( Indicated in red on the chart ) There is a resistance at 215 $ and a support at 205 $. You can see on the MACD chart that there is a kind of resistance and support. The MACD & RSI aren’t very high/low, that’s good. Like for Bitcoin, I will not make any prediction because it all depends of the upcoming...
Ethereum is doing well last hours, but I don’t think it will continue like this! ;-) ETH is in a downtrend. ( Indicated in red on the chart ) You can see in blue what I think will happen with Ethereum. In the past, ETH bounced a lot ( green ) and It may continue. The yellow line is a potential support, so I wouldn't personally buy Ethereum now. The MACD Chart is...
Like I said yesterday, Bitcoin went down! ;-) BTC is currently testing the 11 200 $ support. There is now a big resistance at 11 450 $. To be honest, I can’t predict anything right now because it all depends of upcoming news. No indicator is able to show us what could look the future on a short term perspective for Bitcoin. The MACD chart looks good and the RSI is...