BTC/USD -broke bullish outside the trendline resistance -previous update is to buy the breakout -that's over 4% without leverage -we have a flat area of resistance -if we continue to go higher, 10k is critical barrier -be cautions and move SL into BE as soon as possible -I expect BTC to move sideways in the coming days again -and seeing a potential Alt-coins to...
BTC/USD -two times rejection at the previous support area -now flipped into a new resistance zone -as the price dropped, it reacted immediate only 200ma -a confirmed new downward trendline of resistance -technically, we are on a 4H downtrend -and bigger equilibrium with a price range of almost 20% move -if you are a Bull, a break of trendline resist -and closed...
BTC/USD -the has touched the ascending trendline support -also, just barely above the previous higher support area -this is a crucial time for the bulls -they must act now and do not let the price -close below this trendline of support -otherwise, bears will get the chance to enter the market -though we are still in a bigger equilibrium channel -touching below...
BTC/USD -quick market update -the price dropped to fill the CME gap -but still trading inside this channel -there are still tons of support below us -entering Short is at high risk -we need to confirm reversal once we see a trend break -if BTC will hold current levels -we might see another few days of consolidation -before large move to happen -please wait for...
BTC/USD -a strong push from low 8ks to 10k -CME gap is now filled -for the bullish scenario -must hold above 50ma or 9.1ks support -a little pullback and break higher to 10k mark -if this scenario plays out -we will see 10.5k retest again or even higher -for the bearish side -closing below immediate support -will lead to potential H&S pattern -today, market...
Yesterday I wrote about the importance of keeping this zone. The situation has stabilized. The price is fixed at $8500 and 8850. There's every chance to go to the top of the range at $9250. For continued growth: 1. The last fuse at $8150 has got a good volume. Apparently, a lot of shorts were stuck there waiting for the continuation of the break-down at $8250....
BTC/USD -the market structure on the daily remains bullish -holding above the 20MA and 200MA as support -upward trendline support still intact -we have not made a lower high and clear lower low yet -there is a chance we could see a bounce up -to the fill the CME gap up to 10k -if we get the 10k gap but failed to break above -and drop below trendline...
BTC/USD -new higher high is set at 10k -new immediate support at 9.5ks -cross ultimate indicator signal is long -the priority remains to the upside -the potential target is 10.5ks -key stoploss is below 9.3ks
BTC/USD -broke above current resistance at 9.2ks -new higher high is set at 9.6ks -the priority remains to the upside -indicator still pointing to 10k target -few days left before the halving -no major red flags today
BTC/USD -false breakout yesterday -but still manages to hold current support levels -must not break local support at 8.8ks -KS CROSS Ultimate Indicator still acting as support -no major red flag on the indicator yet -last Long signal was triggered on the 23rd of April -technically, the priority remains to the upside
BTC/USD -potential bearish pattern -must break above 9k to invalidate the pattern -if failed to break resist line -expect to return back to previous support
BTC/USD -failed to break resistance at 9.2ks -bounced at previous support area at 8.7ks -if BTC can't get above the resistance zone -expect another downward pressure will happen
BTC/USD -weekly candle must close bullish -must hold immediate support at 8ks -must keep trading above 20ma -if failed to break downward resist line -must consolidate and challenge to break higher -next upside target is key resist area at 10.5ks -no major red flag on the weekly -we might expect minor consolidation for few days -priority is to the upside
BTC/USD -broke key resistance at 9.2ks -the gap is now filled at 9k region -extremely overbought meaning the strength is superb -next target is now at 10k -is it ideal to short Bitcoin? -answer is NO -you don't want to stand still in front of a speeding train
BTC/USD -A Bullish breakout of local resistance -New Higher High is made on 4h chart -Upside target is up to 8.2ks-8.4ks -Key stops should be below 20ma -Market sentiment is going up
BTC/USD -Bitcoin is back inside the sideways channel -Failed to break key resistance at 7725s -Must hold immediate support at 7550s -If the current price level will hold -BTC may retest the High at 7700s -Bearish side, if 7500s fail -Our next support is at 7380s -Market sentiment is Bullish to slight Bearish
BTC/USD -old resistance is turning into the new support zone -two bullish retest candle -20ma approaching as dynamic support -no major red flag today -if local resistance at 7618s is broken, we go up -the priority remains to the upside
BTC/USD -Broke key trendline resistance -Bullish closed above 7400s -New immediate support is set around 7300s -Priority is now to the upside -Next key sell target is at 8100s -We need to see further follow-through -To confirm stronger present from the Bulls