cryptobrainbox

cryptobrainbox

#BTC did attempt to breakout and again closed before turning it into a fakeout. We have a support at $70,500 which price rejected and looks like it’s going for a retest now. A new HH is expected very soon, by the end as structure is bullish.

cryptobrainbox

BTC reversed after some sort of panic mode and manipulation and but still $26,600 Mark is standing strong as resistance zone. Good thing to say, price is good above $25,000 breaking it lower will lead in Panic dump again.

cryptobrainbox

BTC is trading and consolidating inside a huge triangle in the daily time frame. Holding the lower trendline support which is at around $18k level perfectly so far. As long as BTC holds this support we can expect a pump up above the trend line of the triangle which is at around $21k level. For a good upside rally, BTC needs to break and close above the upper...

cryptobrainbox

BTC is dumping after the weekly close. Currently, we are trading below $19k level. As you can see in the chart, the green zone is a most crucial support for BTC now. It's a do or die situation for bulls. Any daily close below the $18.5k support will be very bad and we might see a drop up to $15k-$16k level. However, at the moment we are still holding this...

cryptobrainbox

BTC is picking up upward momentum without any retracement. Currently, it is trading above the $21.5k level and facing an important resistance level. BTC needs a pullback from here for a healthy upside movement. If it is rejected from here and starts to pullback then our support is at $20.5k level. If it breaks the $22k resistance without any pullback then we...

cryptobrainbox

BTC is held the $18.5k support level very well and bounced hard from there. Currently, trading above $20.5k level. According to the chart there is a slight resistance here at $20.8k level so we might see some retracement from here. If we break and close above $20.8k level our next resistances are $21.5k and $22.5k level. Let's see price change in a few hours. We...

cryptobrainbox

Trading Advise from Richard Dennis who turned a $400 trading account into $200 million. 1. Whatever method you use to enter trades, the most critical thing is that if there is a major trend, your approach should assure that you get in that trend. 2. A good trend following system will keep you in the market until there is evidence that the trend has changed. 3....

cryptobrainbox

BTC is forming a falling wedge-like structure in 4hr time frame which is generally a bullish pattern. Currently, it is rejecting from the upper trendline of the wedge. If BTC breaks out from this falling wedge then our next target is $21.5k and $22.8k levels. Support:- $19.5k/$19k Resistance:- $20.6k/$21.5k/$22.8k We should wait for a clear break out before...

cryptobrainbox

BTC is again back to it's very important support zone which is also a 2017 bull market top. BTC must hold this support. It is forming a falling wedge-like pattern in the weekly time frame. If BTC holds this support then we could see some bounce in the coming weeks. Any close below this support ($19k) will take us to $15k-$16k level. Let's see BTC is able to hold...

cryptobrainbox

BTC is holding the $20.8k support very well and slowly going in upward direction from there. Right now it is facing a little bit resistance at $21.8k level. Once it breaks above this level then our next resistance is at $22.5k and if BTC also breaks above $22.5k level then we might see a rally up to $25k again. As long as BTC holds the $20.8k support we can...

cryptobrainbox

After rejecting the $2k resistance ETH takes a support around at $1500 level. ETH is forming a symmetrical triangle like pattern in 4hr time frame. ETH needs to break and close above the $1650-$1700 zone for further bullish movement. If any candle close below $1500 level then it will be bad for ETH and Alts as well. Let's see if bulls can break the $1700 zone or not.

cryptobrainbox

BTC is still hovering near the lower trendline of the ascending parallel channel and currently trying to break downwards. If BTC breaks below this channel and $20.8k support level then it will be bad in the short term. BTC must need to hold this support and bounce from here to continue the uptrend. If breaks below $20.8k then next support levels are at $20k and $19.2k.

cryptobrainbox

BTC is still holding the support of the $20.8k level perfectly so far which is a good sign. As long as BTC holds this support we can expect a good bounce. There is not much movement on weekend so possibly we see a good movement on Monday. Resistances for BTC are at $21.8k and $22.5k levels. Let's see how the price reacts on Monday's opening. Till then enjoy your...

cryptobrainbox

BTC has been dropping very hard in the last few days. As of now BTC is holding its important support level at the $20.8k level and as long as BTC stays above this support we can expect a relief bounce in the market. Any close below $20.8k level will be bad for overall market. If it get a good bounce from here then our next resistances are $21.8k and $22.5k...

cryptobrainbox

BTC is not looking good here. Breaks down from the ascending triangle. Next support for BTC is at $22.6k level. Bulls need to reclaim above $24.6k level for a bullish momentum again. Till then stay cautious and trade safely.

cryptobrainbox

BTC is at the crucial level here. Trading inside an ascending triangle and currently holding the lower trendline of the triangle. If breaks below the lower trendline then next supports are $22.8k and $21k BTC needs to break above this triangle ($24.8k) for a bullish momentum.

cryptobrainbox

BTC Market Update Bitcoin Support Levels ✅ 23,500 ✅ 22,800 Bitcoin resistance ✅ 24,800 ✅ 25,500 After touching the resistance area of 24.8k and currently taking correction from there,23.5k support is the key zone for BTC,keep an eye on that. Manage your risk to reward if you are a day trader. Bitcoin Needs To hold its position above 23.5k to remain stable in...

cryptobrainbox

#BTC Market Update Bitcoin Support Levels ✅ 23,500 ✅ 22,800 Bitcoin Resistance ✅ 24,300 ✅ 24,800 Bitcoin Needs To hold its position above 23k to remain stable in price and if it breaks the price may move down towards its next support zone which is 22.8k$. On the Bitcoin 2H chart we can see the inverse head-and-shoulder pattern forming. Bullish!!. CPI data will...