During the first dump, the volume was low because the selling pressure was also low at that level, hence, the price pushed up by the bull to 40k level. However, looking at volume for last few weeks in the second red circle, the volume is significantly higher but the price is still moving side way, there are big players dumping their coins to the market slowly...
Volume is decreasing, price should go down to retest bottom
Falling Wedge is forming one is small and one is big. Also, RSI shows divergence. Volume is supporting the bottom trend line means traders and bots are eyeing at this pattern. Short term price target is 35.7 - 36k. Potentially long term trend reversal
See the candlesticks and can see that BTC found its support
Usually bear market ends with double bottom. Now we can see volume spike and both Stoch and RSI signal buy. Buy now and wait the market to reverse within 2 weeks. The most you can loss is 20% but potential 100% profit to restest ATH.
Price bounced 7 times at 7000 support zone. MACD showing upward movement. Current prices broke short term down trend line. Bitcoin community is celebrating no segwit 2x fork.
Price bounced off 0.618 and uptrend. Time to long
It seems bull has been traped for quite a few time, 4 dips and one fake out. I do not think BTC can retest high before a correction to 5540
Hi all, Hope this chart will give you some insight. BTC always made two ATH before the big drop. Once BTC made the first ATH, it would retrace to 0.382-0.5 level, then made a new ATH. I think this will happen again.
Price bounced from 50 MA at 15 mins chart with OK volume RSI pressure increased and hold above $4800 1.52% We will continue the up trend to next resistance target Buy order can be now or wait for next support level ($4750) because RSI has not been reaching 50 in 1hr chart.
Holding for $4300 while selling pressure increase ( confirmed in RSI) Price bounced at 0.382 and huge volume candle, I do not think the price will go any lower. Whales seem to hold off their move to set up a big short squeeze.
Profit taking pressure has been eased when we reached support level 4575, now we wait for better entry around 4590-4600 or now to open our long.
Three waves of upside but failed to make new high, probably will retrace to 0.618 $4397, I am not telling you to short though. Buy order at $4370~$4400, or breaking $4500
RSI shows a very weak bull pushing the price, the prices will most likely drop below 2760 before testing next resistance
BTC always respects support level and I believe $2725-2735 is a good entry point. Target will be 2890-2900 as BTC always do not have reversal until next big resistance for every big green day ( new people jumping in crypto)
Break of $2700 resistance 3 Bullish RSI hidden divergence, with much weaker bear this time, the price will shot to next resistance level at $2880 level