rejection from the 4H 200ema, and price hit resistance of descending channel. Confirmation at the 4H candle close in 2 hours and a half. BTC1! has been a leading indicator for BTC lately and has clearer patterns than BTC.
You need to see if you can climb above 7385 to get support. If you don't get support at point 7205, you must get support at point 7045. We added some lines as the price increased. Shortly before the 7760 point, which is considered the first strong resistance point. It's time to focus on selling rather than buying to preserve...
It is important to be able to gain support by rising above the 6860 point. In addition, support must be obtained at point 6680. 5EMA is located near point 6960. You should also see if you can rise above this 5EMA. The 20EMA and 50EMA, which are powerful yet must be crossed to ascend, are located near the 7760 point. Therefore, it is also expected that resistance...
You need to make sure you get support at point 6860. The "Pull back" pattern can appear up to 6680 points. At 6210, you must get support. You have to make sure you can climb to 7760. ---------------------------------------- Please refer to the XBTUSD chart description for detailed flow. ---------------------------------------- Most altcoins are affected by...
Bull rip got rejected and price is back in the descending channel. BTC will also drop. There is no sustained pump. I predict in previous studies that volatility will drop until after April 12. The occasional bull rips are normal and are meant to fool the masses into buying BTC. Whales are currently distributing their coins preparing for the big drop which should...
The support test came out at point 6210. This shows that there is a buying force that overcomes the selling force. Now you must get support at point 6380. I think the downward adjustment to rise above the 6860 point is over. You have to watch where you can rise today. ---------------------------------------- Most altcoins are affected by the flow of BTC and...
You need to make sure you can get support at point 6380. You must get support at point 6210. If you don't get support, you are likely to touch point 5850. In order to continue the expectation of the ascent, you must rise above the 6680 point. In order for the movement to ascend to the 6860 ~ 7760 section, you must get support at point...
An upward gap has occurred. Cigars formed around the middle of points 6380 and 6680. In order to continue the expectation of the ascent, you must rise above the 6680 point. In order for the movement to ascend to the 6860 ~ 7760 section, you must get support at point 6210. In addition, the point of transition to a downward trend is 6210. If you think there is...
There was a huge downside gap. It must be supported at the incredibly important 5850. If it goes down, it is possible to touch the downtrend line (1). In the middle, you can see a rebound or sideways flow at points 5250 and 4900. If you get support and rise at 5850, you need to make sure you can rise above 6680. In addition, it may fall after rebounding to the...
We are going to be looking at just two signals from this Bitcoin CME Futures (BTC1!) chart, these are telling us that Bitcoin (BTCUSD) will jump and move above $8500... Let's take a look! 1) First, we the "V" bottom. As this pattern completes, a bullish breakout can lead to $8500+ 2) Second, we have the now famous GAP, which can be filled on the bounce. We also...
Bitcoin (BTCUSD) dropped below $6500 and is now trading around the $5900 support. We still have the "Gap" from 8-March, will it fill after the drop? Here you can find the most important support levels for Bitcoin on the daily timeframe: Bitcoin Daily Important Retracement Support (+Extension Targets) Bitcoin Ends In Adam & Eve Bottom Again, Repeat 2018/19...
We need to see if we are supported by the uptrend line (1) and will rise above the 6560 point. You should also check if the short-term uptrend line (2) can last up to 30 days. A small upward gap has occurred. (It is a gap that has no meaning because it is a small rising gap that does not exceed the candle market price two days ago.) You have to get support at...
Price back in the descending channel but broke out from rising wedge so the trend is down. Now I imagine that right before Easter it will be announced that the corona virus could not be contained and the lock down will be extended, which will cause another sharp dip. The dip will close the gap below 3.6k, but I expect a wick to the 2018 low. Don't know how...
You need to make sure you get support at point 6410. You should also check if you can get support from the short-term uptrend line (1). You'll need to make sure you're rising above point 6860 and you can touch the short-term uptrend line (2) (mirror of 1). ------------------------------------------ All coins are located at attractive prices. However, careful...
You have to watch to see if you can climb above the critical point of 6860. In addition, support is required at 6300. Today's key points are 6860 and 6300. In order for a smooth rise in the future, you must support above point 6860. ------------------------------------------ All coins are located at attractive prices. However, careful trading is necessary as...
A rising wedge broke with a measured move around mid 4k U can manage your Risk with ATR+100$ or like with wedge itself. ....................................................................................... descending triangle also played out and the measured move was around 5.6k Ish...
Heavy resistance from ichi cloud and previous descending channel. Likely to close the gap around 3.5k. maybe will test the channel again and make a bearish div on the 4H because MACD is positive. There is significant bearish div on the 1H.
Recent price action produced an enormous gap in the CME futures price action. Will price follow the bottom of the ichimoku cloud like it did in August 2018 and close the gap or will the price remain bound in the descending channel and close the gap later? It is apparent in any case a bear flag will form.