I think if price manages to break that zone it's at right now, it looks like a quick bull for my Thanksgiving. Happy Thanksgiving Friends and Family!!!
Will be overbought on RSI also if we hit top of this cloud around USD 9370, watch out for a quick short opp
Hello crypto friends, This is a short term idea. Bitcoin's price action gives us scalping possibilities for the next 1-2 days. As you can see bottom line of triangle was tested and rejected. Also the price zone of 9400 is a limit order seller's area with a high volume: Price was rejected exactly in the area of big limit order seller I'm expecting...
Hey guys! I was trying to figure out the next move for BTC and I found out that price movement looks very much like it is building a cypher pattern. The entry level of the pattern would also match up almost exactly with .786 Fibonacci level of the entire correction movement. That´s always a good thing :) Anyways, this whole idea looks promising but could be...
Finishing what I see as the 5th position of consolidation (as seen on the Daily) and that'll finish the ABC pattern as seen here on the hourly chart. Always follow your personal strategy (that you've back tested of course) before following ANY analysis on Tradingview.
Today at the current level this chart analyzed, we see the same pattern this week mimicking last week pattern. If that happen again for the third time, then we might see a bounce for next week with retest around $6800 - $6900 zone. If it strong enough, then we might proceed to the resistance level. From technical basis: 1. RSI level has shown that it trying to...