The pair made a bearish impulse move. Will it continue to be bearish? I feel is best to wait for any price action around the fibonacci retracement levels. Cheers!
Triple top is in play and is more clear if you look at H4 chart. Also, the price rejected around the 50% fibo level. I feel these are good signs of strong continuation in the bearish movement. My target would be 127.1% or 161.8% fibo extension levels. Cheers! :)
Price retraced to 38.2% fibo level after making a bearish impulse move from OPEC's discussion of increasing output. Price also broke from awedge pattern. This is just a pure technical analysis point of view; i feel that the price will continue its bearish move till reaching fibo extension levels or next best support trendline or zones. Cheers! :)
The price has broken a strong resistance zone on the 1hr chart and candlesticks price action are currently rejecting the zone as a new support zone. Price has retraced to 38.2% fibonacci level before rising. There is a high certainty bitcoin is on a bullish sentiment for now. Trade wisely. Cheers! :)
This is late, nonetheless, Sell now and hold until it breaks the lowest low or it would further continue the bearish movement. Cheers!
Buy zone on the monthly chart
Buy zone on the monthly chart
Buy zone on the monthly chart
Buy zone on the monthly chart
Buy zone on the monthly chart
Buy zone on the monthly chart
Buy zone on the monthly chart
is either buy or sell if one of the trendline breaks
It's either a buy or sell if one of the trendline breaks.
Trendline as support, trend continues if pattern break
Picture says everything, take small risks. Take profit is up to you. Thanks! :)
I'm looking at a possible retracement from the bearish trend. Here's why: 1) Reversal Wedge in a downtrend (bullish signal) broken 2) Price bounced from daily supply demand zone 3) Divergence All the best. Cheers! :D