The Bitcoin price is in the process of creating a daily evening star pattern, which consists of Bullish engulfing candlestick (March 19) Doji (March 20) Potential bearish engulfing candlestick The pattern would be completed with a daily close below $5400, which would take the price towards the range lows at $40xx. Please leave a LIKE if you enjoy the analysis.
The Bitcoin price has been increasing rapidly over the past two days. The price reached a high of nearly $7000 before decreasing slightly. There has been significant bearish divergence developing in both the RSI & the MACD. The price is currently testing the range lows and I believe it will soon break down and head towards the next support area at...
bitcoin has about $3100 to reclaim the D1 200 ema where as if you check out my $BTC.D chart dom only needs less than 1% to break above the 200 and reclaim.. So this implies bulls should start pumping the corn as soon as dom reclaims the 200 ema . Screen Shot 2020-03-17 at 12.15.19 PM
Shorting BTC lost steam. Looks like long positions are much more interesting at this point
BTC will go down to retest the Downtrend channel - after that, we will continue the uptrend. Short - short term Lets go to 7500 $ USD i think its more or less a flash crash to this target. We have to shake out the last weak hands out of this market.
Ya estamos en lo que seria la antesala a la caida de btc hasta los 5300$
#BTC Updates!! BTC Making Another Triangle On 8600-8800$ Zone..Its Going Closer To End Of The Triangle..Soon We Will See A Upside Or Down Side Breakout..📉📈 There Is 2 Possible Scenario: 1.Upside Breakout : If BTC Manage To Break 8800$ And Stay Above That Range With A Healthy Candle Then Next Target Should Be 9200$ DMA200 Resistance.📈 2. DownSide...
Position 7000-7050 USD Take Profit 6600-6400USD Thank me later!
Hello Guys !!! From Last Couple Of Weeks BTC Making Downtrend Moves.WE Saw It Reached New Yearly Bottom Somedays Ago.Then Its Pumped From 6500$ Level And Reached 7800$ Resistance Level..After That Its Again On A Downtrend Channel ..From Last 2 Weeks BTC Making Sideway Moves.Now Its Looks For Another Downtrend Move..Its Broken Down From Bearish Rising...
At this juncture, it is simply impossible to tell how price action will dictate BTCUSD as volatility is rampant and for what it’s worth when we couldn’t shatter the ceiling to break through to 13.6 K resistance I’ve been calling for a 6K Bearish Slump and selloff ever since we dropped from 10 K and yet no one wanted to hear it —- it’s funny how that works...
What goes up must retest below.. support becomes resistance vice versa.. Typical market manip. But don't be a HODL'r, instead short and long both ways. Entry point 7200 - :) Long the bottom ups once it's confirmed to 8K Tech resistance 7950, 6800, 6500, 6300 sorry peeps no time to make this fancy.. you know the drill.
Just another Gann chart. Kinda short on this one. Once we break the ring we go down too the bottom of it and if we break that ring we fall hard.
We are no longer in a bullish flag. Since the last post it has changed. This structure is showing these 2 road maps. If that impulse broke ABOVE 10,000 with a close on daily... then YES it would be a bullish flag...but it didn't! Wait for price to get to spike. then begin looking for your "patterns." You're welcome. Marked it with the eyes.
We have a good amount of divergence showing on the hourly, a nice dip on stochastics with our red ribbon support being hit for the 2nd time now. I see a short term rise to 9300 then down we go to 8700 near the 200 MA orange line I use. That is our next support zone which would be floor 2 and wave 2 on the smaller timeframe off the impulse. It this is a flag...
according to Fibonacci retracement, this would hit bitcoin into a bearish signal which can be an opportunity for traders cause it will go down below previous high Short 9400 -94500 Close 9000-8667
BTC EUR, It goes down a few more points. An opportunity for those who open in Short on Day Trading. New hidden bearish divergence on the Time Frame at 45m. A sign that we are most likely close to a further drop of a few more points, it would also be in line with the decline in the Capitalization of BTC and the Trend. We will see over the next few hours. General...
hi guys, welcome to another analysis of btc. first, i have to say, i cannot explicit how bearish btc has been, having not testing what it should have. most of the times, when btc falls down under 200ma daily, it tests 200ma, closes above, tests upper zone to 50ma, now at 9k areas. however, at the point now where btc has 50/200ma death cross looming, this...