The next two possibilitys for BTC. Bearish flag or triangle afunilating. If we have a 4H candle closes below 9700, bearish flag pattern will activate, and the target is 8400 region. And if we have a 4H candle closes above 10650, afunilating within the triangle is more likely. Target for is possibility is 10900 region.
While 7400 price hold price, we still bullish in short term (I like this possibility) I will post a new idea chart with Bear vision
If 7k support cant hold the price, bitcoin should reach 6k level
Is the strong resistance at 6k region. The whales responsible to the pump to break main downtrend line should realize the profits in this region.
Yesterday bitcoin was victim of a FUD, but if you are a bull, dont worry while the support hold the price. Is expected the price recover the rise in next days. Do not use USDT until things get clearer.
Bitcoin broke one more resistance As long as we are above the 5130 price it is most likely that the price will continue to rise to the region of 5300
A new test in resistance is in progress
Bitcoin breakout uptrend channel. Next supports
Resistance break confirmed! Here is suggestion where to buy!
The resistance has worked as expected. Price going down, next important supports region: 5050 5022 4945 While inside uptrend channel, the price will continues rise
Price near downtrend line, do not even think about buying now.
Good evening guys, I can speak for sure that the zone that bitcoin is currently you definitely should not buy bitcoin. We are tired of rising price, strong resistance and the main downtrend line to face. Now it's time to wait in dollars and see how bitcoin will be on top of the resistance.
The bitcoin are consolidated. In some time is cosolidation will end, and the price will rally to up or fall. I have marked the relevants zones for medium and long term in this chart. Be ready and good luck!
Bitcoin break resistance and consolidation, the price are running to the next resistances, 6800 region and 6950 region. We have a big boss in the main downtrend line, if the bitcoin break is downtrend line and passes the 7400 level, the bitcoin will go to uptrend, and the targets is in the moon. But, while is not occur, lets work with short targets only.
I was traveling but now I'm back. The bitcoin keeps falling, the most likely movement for the next few hours is this orange line I put on the chart. Bitcoin is still in a downward trend and in the coming days or weeks bitcoin will decide whether to go to the 4k region or go back up to the moon.
Bitcoin continues to rise on its high channel.
In the last minutes the bitcoin 1.86% had an expressive high. As long as bitcoin do not break through the 6650 region, I will be looking for short position (sell) opportunity. I will share with you if I find a good opportunity. Good trading!
The bitcoin are creating a uptrend triangle. If bitcoin touch one more time in bottom of triangle, this opertaion is more security. See below the suggestion for entry, target and stop.