Buy on 4hr candle close above upper blue trendline.
giant ascending triangle, 1hr breakout of trend 4hr breaking out soon.
if price breaks solidly on 4hr above white resistance, long. stop loss after is a close below same line.
TARGET 1650 SATOSHIS TRENDLINE SUPPORT 20EMA DAILY SUPPORT HORIZONTAL SUPPORT AT CURRENT PRICE
buy on tenken crossover over kijun on 1hr chart.
Tenken sen crossover the kijun above the kumo on the 4hr timeframe, after a breakout of the trend. very good sign. We can see 3x fail to break 4400. but with higher lows each time. sell if breaks read dotted trend line. enjoy the trade.
Target: 18000 satoshis Price could retrace right now as per the downwards red arrow, so watch for that.
light blue zones are major resitance and support, darker blue is minor. we see SXP following the red trend line back up to the major resistance, if solidly breaks below red trend line. short, look for re-entry potentially at yellow upwards trendline if breaks above current price and minor zone, long and wait for confirmation of break of upper light blue zone
if price breaks below the upper current dark blue zone, rebuy on white trend line if price confidently is rejected there, then long.
Lots of support and resistance between 33 and 34k indicated by the purple supply zone. yellow slashed lines are resistance where there has been lots of price action. I see bitcoin bouncing up then retesting 40k, and in the long term reaching 75k, 120-150k depending on how things go. This isn't really a big analysis, just posting the chart I have been observing as...
SXP is now showing signs of a bullish reversal in the major trend on the daily time frame.
bull penannt on nano, one already formed as well previously
buy on breakout of white upper trendline! if you like this, please leave a like to increase my reputation so I can make better ideas with multiple charts on different timeframes!
1hr 30 rsi rejection and macd histogram changing on the upside rejection of support zones 200ema 4hr watch my first video
purple zones are resistance and support supply zones, if the breaks out of this formation upwards expect at least 3000 or 3100 in the short term, enter if price breaks upwards of blue formation. Exit if gets rejected at 3000, target 3888-4100. Stop-loss 2650 Im a noob, just doing this for my own learning. Enjoy. Leave any feedback if you wish.
Enter the trade if the price breaks solidly above the upper orange trendline. Small bounce so far off 0.5 fibonacci level. Stochasic RSI and MACD indicators both lined up on the 4hr timeframe. The purple zone is a zone of resistance. Next target major is 0.00017300 (and beyond) Price might be rejected at upper blue trend line. Otherwise follow the red arrow...
I see people comparing this action to December 2017, unfortunately I am not able to reference other charts on this account, I am just making a small idea. If the weekly candle closes in the upper range of the shadow, like where it is right now or higher - I still believe bitcoin's major trend is bullish and it has not yet entered a bear market. The ATH of 40k is...