Bitcoin is in a very precarious situation right now. Either bulls step it up now or they will drop to 7.7 to 7.8k region where this Diamond Bottom would be at risk of failure (a failure that bulls just cannot afford since this will send BTC spiraling down to the 6.4k region. Something that my friend @Crediblecrypto has been calling for over a month. Read my...
No reason to write anything out when there is nothing new. Here is your channel bitcoin / digital asset investors
Same levels same results are happening. Technical e z p z with bitcoin. Finally people are using the levels and copying them to share with others.
If you are a new follower and have questions hit me up and review the old posts for your asset. If...
At around 2 a.m. BTC bounced on lowest support triggering my stop losses.
Bought again at 9180 and fixed lower stop losses to allow higher trade margin.
Actual stop loss:
Stop - 9100
Limit - 9080
Alerts:
9100 (Stop)
9080 (Limit)
9240 (First resistance)
9315 (Possible take profit)
9515 (Possible take profit)
9800 (Target profit)
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Bitcoin dominance is @ 71.21 right now - next resistance is 72%
Headliner is just a clickbait - hope you forgive us.
Hi!
We make adjustments to our scenario.
Quantitative models as well as wave levels show the probability of a triangle formation in wave (4).
Like yesterday, we recommend selling. Our possible dispersion range of sales, as well as key levels are indicated.
A doubble bottom is forming now, it's target would be 8250 aprox. which is a zone were lots of confluences (fib levels and retracements) would push bitcoin in the downside direction.
We'll have to wait how this works out, but I'm getting excited to see if this can play out.
Hope you like the idea, it aligns with the thoughts I posted before this recent try from...
A quick TA on the BTCUSD charts!
In the past weeks, quite clearly we are seeing price action of BTC within a narrowing upward channel, holding quite diligently to the 50MA (in green).
However, we are starting to see weakness in the bulls as volume seems to be diminishing, and a clear MACD divergence printed. The ADX is also starting to show signs of weakness in...
As the price of Bitcoin continues to grind higher the Bitcoin Shorts are also climbing higher and may soon reach into the all time highs again. Somebody is seriously wrong, who is it? Me? You? Us? Them? Stay tuned...….
Below is a look at the current short positions.
Btc continues its rise after its golden cross. Sorry for all the lines, but I think each of those levels are important areas to watch. Btc pushed through its previous high, and continues its bullish trend . Looks to be working its way to $6000. I like the $6500 area as it is the level of the last high before we broke down below the $6000 area. So far is has pushed...
