iamanupam
MACD is bearish and RSI is neutral however the timing for BTC is perfect considering consensus which seems to be a positive event for cryptos. BTC is staying above 8600 for last few hours and that's a good sign. Not much volume so can't count it as support and hard to identify any great resistance in sight. If things which drive the cryptos remain positive,...
BTC has been dropping as part of a due correction... Next support is at around 8850 so expect the next flight there. Overall picture does seem bearish but short term, should go up halfway at least!
BTC is playing with a fire at this time, got stuck between that blue line and red line making it a triangle and causing the whole confusion however it's still above that downtrend and was in similar situation just a few days back, its exactly the same situation as the last week. Now in this tricky situation, it can go up (more chances when you look at alts and...
This is my personal opinion by looking at the trends, downtrend (month ago) and uptrend (now), I can see that we have hit the local bottom already just like we hit 6500-6600 few weeks back. I can see that the first circle/ellipse that I made (during downtrend), is going to be turned upside down (because its an uptrend) Mostly every other TA is telling that we...
I was following it earlier and was expecting a symmetry in BTCUSD movement and that came true. From my earlier chart: Now, I did think that BTC will go down however things seem to have changed for good and I am expecting a short term movement upwards ... Short term EMAs and MACD point upward and RSI is neutral as well. The only thing that can take it downwards...
If BTC follows any patterns (I don't think it does) then it might be headed sideways for some more time before going up. So for short term, its neutral before going long again...
Been a while since it was going low... and before that it went up in a hurry. With recent downtrend and super low volume, it seems BTC is settling down. I know a lot of predictions are about BTC going to sub 5k and 4k however the fact that it's not going below 6500 for a while now along with ever so low volume indicates that the correction is almost over... not...