Will we see a retest of previous resistance? Will the price hold as support? In my opinion, I would wait before opening a long position. Full disclosure, I only buy spot.
Weekly chart with the fib retracement, and pitchfork. Lets see how this plays out. This is not financial advice.
Looking like top. Maybe not but if you have been waiting. Soon we can see.
It looks like I have the most time to make charts is on the weekend. I have been working a lot these days trying to provide for my little family. this is not trading advise.
I am expecting the price to continue down to the weekly 0.618 Just watching the money move.
Bitcoin is hitting heavy resistance right now! Today's close will be critical!
The Bitcoin price is once again below 30k. On the daily chart you can see the 50 (Gold) and the 300 (Red) touching. This week will explosive in price action.
My target price prediction is $2919.75. This is based on current market conditions of the US DOLLAR Index. The necessity to raise interest rate to combat the parabolic rice of inflation. The target price of $2919 is also a major ALGO Hotspot. This is not financial advice
I am looking for the potential price movement in the coming months. The monthly 50 MA seems to be strong support. If there is some kind of catalyst that would cause such a drop in the market. Increased interest rates from the feds, and sprinkle in some bs covid.
I am keeping my eye on this looking for a break above these monthly moving averages.
Im sorry that I have not posted anything in such a long time. My oldest daughter has been in, and out of the hospital since late October of 2020. Thing are looking better now. So, I want to get back into making charts, and videos again. This is a xlm chart that I built last October, and so far things are looking on track.
I have nothing prove, I am here just to help.
This looks like a head and shoulder breakout on the weekly. LoL
The dominance is currently testing the 50 weekly moving average.