ZwijBerg

ZwijBerg

Yesterday bitcoin retested the 200D ema which is a very bullish sign. But it didnt stop there, bitcoin pushed through and had it's first close above the previous range. For us these are clearly very bullish signals and we are pretty positive for the upcoming months.

ZwijBerg

If $VET can flip the 200 daily EMA (white line) it would be a very bullish signal. A bullish retest of the 200D EMA would be a strong signal to buy. Zwijberg has a very bullish longterm outlook for VeChain.

ZwijBerg

Bitcoin is showing some impulsive moves to the upside. RSI showed a powerfull breakout and for the first time since April it's signaling strenght for Bitcoin. We can still see a revisit of 35k aka mid range also confluent with daily 50 EMA, which we will long hard. A strong daily close above the 200EMA at $38,5k would be very bullish.

ZwijBerg

We are still flat as we stated before. No reason to get chopped up on range fomo. Stay safe out there!

ZwijBerg

"They" are trying to kill us through boredom... stay patient no need to gamble. We're looking for a strong move that indicates a direction, not trading current chop.

ZwijBerg

LINK on the daily seems to be breaking out of this acending triangle that's been forming the past 2,5 weeks. We would like to see a retest before entering a long position.

ZwijBerg

We want to see a flip of the 200D EMA (white line) before going long. Long term we are very bullish on VeChain.

ZwijBerg

Currently a very important level for BTC, the 12H is just about to close above mid-range. Which would signal at least a short-term bullish signal.

ZwijBerg

The VeChain / Bitcoin pair is at HTF support confluent with the 200D EMA right below. Let's see what happens, we bet on it to move back up.

ZwijBerg

Since $ADA didnt close below the 200D EMA, it seems that it is more bullish than other coins like $ETH. Currently experiencing some selling from the previous support level now turned into resistance. Stuck between multiple EMA's, if long put stop below yesterdays low and maybe allready shave some off here. We will be monitoring $ADA closely.

ZwijBerg

Yesterday $ETH went and closed below the 200D EMA, normally this is a very bearish sign for at least the short- to middle term. But following yesterdays bounce $ETH is now trading above the 200D EMA again, which could lead to (when close above) a bullish deviation. This would probably mean that a lot of late shorters below the 200D EMA will be trapped and squeezed...

ZwijBerg

We made a color range to spot in what territory Bitcoin is at any given moment. This is made with allready existent ranges so the colors are confluent with technical analysis. Naturally the more green it get's, the more bullish Bitcoin becomes. From 100k we enter the golden zone. Naturally down turns it more to red.

ZwijBerg Updated 

#Bitcoin $BTC We took out the May 19th low, got a +10% bounce on high volume and closed back inside the range. We want to see a big wick to the downside on todays daily close to confirm a possible bottom.