Hi guys. On the weekly we have rejected 61.8 Fibonacci level. Was this most recent bull run just a part of a big retracement from all time high? Are we going to see BTC drop down to few hundred bucks??? Remain to see.
Hi guys, On the 4hr timeframe we see a bear flag. One more push down to retest previous support and then potential bull break. Remain to see how this will play out. Patience is the key.
We had a huge bull run in the beginning of Mar. Now I see a big triangle formation on the daily. Anticipating another push down to 0.3 area. Will wait for 1H retrace candle before setting an entry order.
Hi there, We will probably see another leg down towards previous support around 0,00099 USTD. Sellers are currently in control. Since I plan "going long", I will patiently wait for the completion of this move before entering a trade.
Patiently waiting to see how this will play out. Price currently approaching support level around 0,0205 after bear break off the bear flag pattern. RSI level is getting oversold. Before entering the trade, I will wait for the price confirmation that trend is about to change.
Probably we are participating equilibrium formation on the daily timeframe. Key support level around 6,720 and resistance around 7,460. If bulls manage to break resistance of 7,460 the next resistance is around 10 (T1). T2 around 13,4.
Daily RSI is getting oversold. Probably time for pullback/consolidation. Previous resistance to be re-tested as support around 70-72 USDT. If the price fall below support level and continue downside this trade setup is invalid.
