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Have revised price channel upwards with targets of $9,675 followed by $9,966 and for the grand final which compares with previous rise from $6,000 to double top I calculate between $10,150 and $10,250. Plenty of potential resistance along the way and like other peoples postings anything can change in between. My Fibs are based on a low of $6399, otherwise you ...
The last three days the 8k level has been bashed into numerous amounts of times. 8.2k seems to also be a small target down in this area but from my honest opinion, the institutions are having games at this lower price; allowing the rest of us to follow suit.
Could this be the end of Bitcoin ruling the top of the table after all of these years?
Will we see a break of 23% retracement level? And a push below 8500?
Have just added in a trend line from my 4 hour chart to the 2 hour chart just in case I need to switch because to a key Bollinger point for me just below $10,100 on the 2 hour chart is looking vulnerable. Otherwise no worries.
Just thought I would update my earlier charts add some more arrows and what happened last time just in case price heads back down to a key Bollinger point for me just below $10,100, but trend line still good. No worries.
Bitcoin has been decreasing from its high a couple of weeks ago. Now, we see a hammer candlestick forming, this means the prior trend could be reversing- it also a bullish signal. This is supported by the RSI being overbought. However, the ADX is expanding, the Coppock curve has broken prior support and is falling. This means there could be a short-term fall ...
Engulfing bar on 15 min BTC is a good sign for a short term bull run.
We still have a 1000 Bitcoin buywall waiting around 7999Dollar BTC on GDAX.
In the event we do drop again a bibber bounce will occur at 7999 possible forming the absolute bottom from this correction. Elliot waves confirm the bottom has to be somewhere between 6 and 8 K so we may have formed ...
Short term Bitcoin doesnt look bullish unless we break above the TL again. That daily MACD rejection was something i quietly expected but hoped not to happen, Actually todays close can still make the cross over only if we get a steep climb up.
There are buy walls (areas where large bitcoin buy orders have been placed ready to fill and create a strong ...
Bitcoin is still consolidating around level 8200$ (7000€ area).
Based on the 4H timeframe we see an MACD divergence that has formed.
Bitcoin bulls try to keep on pushing up yet a decent retrace to level 7500$ (6600€) or 7200$ (6300€) (area lower ascending trading channel Trendline) or at least further consolidation around 8200$ (7000€) area into the next day or ...
For all the ones that care how much their Bitcoin will be worth until the end of the day or for the ones that want to trade on the Cryptos, it's an opportunity for market entry.
Bitcoin may go down for a short term of 1D and will make a recovery afterwards, pay attention in the graph I published, you can see a rule that market analyst with a ...