Small movements appear currently in the market. The buyers and sellers don´t argue about the price and found an equilibrium. We can see two trading ranges: a wide range and a small range. The price is in the small range right now. So we as traders have two upcoming opportunities: to long or to short the price at the boundaries. It is always risky, so a good...
Ada failed to establish an uptrend and dropped to 435. A bullish engulfing pattern gave hope to reverse, but the candles have very small bodies, a sign of bullish weakness. So it is just a small correction and probably ADA will drop down again. A good possibility to short. If you found this post helpful, like, comment, and subscribe! Telegram Signals t.me
After a strong bearish imbalance in the market, the forces came to a point, where both of them agree with the price. On the 4h chart we can see a trading range, which is confirmed by a low volume. The RSI managed to go back above 30. The price is far below the 30 EMA, so the market is still in a bearish mood. The price will probably remain for a while in this...
On the 1 hour chart we can see small candles and low volume. The forces come to an equilibrium for a while. I wait to see how the price will develop in the coming hours, and where the boundaries will be. But for now trading is dangerous, especially margin trading. If you found this post helpful, like, comment, and subscribe! Telegram Signals t.me
In the last 4 days, we all have seen a huge bearish imbalance in the markets. The price of Bitcoin dropped 2315 USD within 4 days, it was confirmed by a strong bearish volume. The sellers are definitely in charge. There is a likelihood for the price to jump back till 8891 USD or we could have another trading range. For me, the market looks very bearish and i...
Yesterday we all have been witness of a massive bearish attack on Bitcoin !!! Unstoppable, unbreakable drop down ! The support at 9500 USD was broken on a heavy bearish volume, what confirms a bearish supremacy in the market. The 30 EMA is far above the price bars, so we are 100% in a bearish market right now. We can expect a little recover of BTC today, but i...
After a price drop, Bitcoin was for a while in a consolidation. Now the sellers are pushing the price below the support of 9670 USD. If they will manage a close underneath this line, it will be a bearish sign and the price will move towards the support line of the triangle at 6500 USD. I am bearish and see a good opportunity to short BTC until 6500 USD. If...
Join us now: t.me After a weekend of stagnation, the sellers charged the market aggressively. They dumped the price below 10.000 USD, confirmed by a middle strong volume. The price is currently underneath the EMA. I presume, that there is a likelihood of a retest of the triangle´s support or even a breakout at 9500 USD. If you found this post helpful, like,...
Join us now: t.me On the 1h chart a bearish supremacy is clearly visible. If you follow the falling resistance line, the sellers have dropped the price of 532 USD within 3 days. The buyers managed to break the falling resistance line, but with a weak volume. For now they are unable to hold the price above 10.000 USD. If you found this post helpful, like,...
Join us now: t.me Many people have been hoping and forecasting a Bitcoin price action on this monday. What happened ? Not much; the price is still in triangle and dropped below the 10.000 USD level. Trading right know is gambling, way too much can happen. I am assuming, that the price will breakout this week and only then we can trade again. For now i am...
After a good run, ETH seems to lose its bullish buyers. Small real bodies is a sign, that the power of the Bulls has diminished. There is an opportunity for a short. It will be interesting to see the reaction of ETH to BTC in the next days.
The weekend is quiet, Bitcoin is not trending and remains in the triangle. Probably tomorrow there will be more action. Nobody can say, where the price will go to. If the chart will break downwards, i see a possible support zone at 6050 USD. Even lower prices are possible. For many big investors it could be the last time to buy BTC that cheap. So be prepared...
Join us now: t.me After a long downtrend, Ripple has recovered and brought some profits for bullish traders. But now we can see a "Dark Cloud Cover" candle formation, what is a top reversal sign after an uptrend, confirmed by heavy bearish volume. This weekend will be dangerous for any trader. There are many speculations and rumors about BTC. So i would go...
Join us now: t.me In the end it doesn´t matter, where BTC is going to. For us traders / investors, a falling price will be fantastic, because we can buy more BTC. A rising price is wonderful as well, because the market will trend in an upward direction and 1 BTC will be more Dollars worth. For now i am out of trading this market and i am waiting for an...
Some people suggest to short ETH, because of an upcoming drop in price For me ETH looks bullish I see an opportunity to buy/long ETH in the green zone between 19307 and 18159 The volume has big bullish bars and the price broke the EMA line
BTC is currently in a consolidation triangle without any moves up or down The volume is low and the price is moving around the EMA line A breakout will happen either up or down, depends on the major force in the market A fake breakout is very likely
Join us now: t.me LTCBTC is trending down. 8 red days in a row. We expect more red before we go see a significant bounce. We are not in a support zone and retested a smaller support just now. Our short target is 6100 - 6300. F ollow our trade on Bitmex by clicking this link: www.bitmex.com If you found this post helpful, like, comment, and...
Join us now: t.me Good Morning Traders! Bitcoin is looking like its going to around 12800. Reasons: 1) 0.786% Fib at 12810 2) We are forming a bullish wedge (within a bear triangle) 3) Consolidation at resistance usually means expansion Our stop is at 11500. Decent Risk:Reward Setup. Follow our trade on Bitmex by clicking this link:...