Bitcoin had broken a previous Support Level at: "£53K" which acted as a Resistance area back from April, 4th. As as result, this created an uptrend.
£55.6K is now acting as a strong Resistance zone from the current dump that we've just experienced. BTC bulls have managed to push the price above £54.2K, which was a key level on multiple time intervals. For this...
if btc fail before than the pink line, selling wont ended until the next support
this is base on the btc movement since jan, not financial advice, you alwyas need to do your own research
BTC continues to evolve between the 11.000$ Support level and its short-term downtrend as we expected.
As BTC is getting close to its support level at 11.000$ we expect a rebound toward its downtrend.
As long as volume stays flat, we maintain that BTC shall continue to evolve within this range before breaking out to the upside.
*we gather information
We...
Ok. At this moment if BTC, will break the resistance at 9572 EURO and the resistance will be work like a “NEW SUPPORT” you can BUY for open a LOGN POSITION into (ZONE A).
But if BTC going in a retracement in direction of dynamic support (Yellow dotted line), I think that it’s better that you buy in a ZONE B.
- Be careful and verify the force and speed of the...
#BTC 4H
Hello again! Unfortunately our Stop-Loss was hit earlier today at around 6380 & now here we are with our most recent analysis.
In 4H & Daily time-frames we can confirm a complex correction which is currently moving in the form of wave E from D.
And moreover we have a Positive Divergence showing on MACD in higher time-frames confirming the fifth...
This my update from my latest BTC update (you can get it here: ).
I wanted to do it in a higher time frame which is 4HR and before was 1HR. As the boxes is not relevant right now but the RSI level and 2 others indicators are looking pretty bullish sign at the very moment. Including the price action supporting so.
There will be a 40:30:30 for my...
