BTCUSDT Support & Resistance Zone
Short at 7330-7350 TPs: 6700-6300-6000-5700-5400-5150
Huge Ichimoku Cloud is upon us combined with almost all other indicators signaling bearish movement. See you at 4-5k, the last 4 digit bottom of Bitcoin.
Cool if it plays out: 2 weeks of bart followed by 2 weeks of chop. 3 weeks of bart followed by 3 weeks of chop. Etc... Waiting patiently for the bottom in low 6ks which should occur just before the year end. i.imgur.com
The downward trend is still here, although we have had two days of ups this is only a small correction on the price. The star-shaped red candle that appeared after the 2 green candles signifies the end of the ascents and the resumption of the declines. Red and clear Ichimoku cloud. The BTC/USD is below the 200 moving average line. Target: 6900
nobody know the future, but it looks bkex whale active on the trend, will they explode btc to above 7700, i expect yes. but we will see what will happen. there is also 2 good news. Alibaba and SoFi Obtains BitLicense to Offer Crypto Trading Services in New York
Hi Everyone, This year was weird for BTC, we didn't have a clear picture of what was coming. After all the chaos we may have a solid 2020 for Bitcoin and crypto in general. The biggest decision for BTC is if they want to keep the 6000 area as support or that it will become it resistance again. I'm still long-term bullish but 2020 can bring us lot of different...
This is the line break chart for 1M BTC. The purpose of line break charts is to filter out market noise and give a clear indication of the current trend and trend reversals. It is very obvious that BTC was in a bull run since its birth and this bull run needs a serious correction. This correction has started not long ago on 2018. 2020 would be more bloody than...
Probably today the price chart will come to test the dynamic support at 8060/8032 USDT
BTC USDT, Bearish Scenario. Without further manipulation, the scenario indicated by the triangles and historical supports would seem plausible.
My opinion is that btc is not going to touch 10,000 again in the coming days, instead it will slip to 5500 in next coming 30-40 days time period and i hope that it better buy @ 5500 & safe to sell around 7200 please kindly share your views on this. Thanks
This is my first post, if you have any criticisms let me know!
President Xi obviously holds a lot of crypto, because he made his announcement at the perfect time as BTC shorts were experienced a 43% gain in the past 2 days before. He will probably be selling at the 9k range, where there is a convergence of trend line resistance and daily moving averages. This sell off at 9k -> 6800 will ensure the death cross on the daily...
BTC USDT, It comes 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.
BTC loses it's momentum, waiting for short trades. Many of bearish signs possible appear on the daily chart, including: - A death cross (MA50 crosses down of MA200) might happen in this month. - Price gets rejected MA200 and moves sideways. - Volume is relatively low in comparison to last July-August 2019. - TRIX6 gets rejected 0 lines and crosses down of its MA8...
This is an BTC Short Trade Signal. Price continues to get rejected at lower time frames at the 200 EMA. First the 3 hour and now the 1 hour. Price has been so weak we are now printing lower highs. Thus, we will likely not get divergent higher highs to better time the short. I am currently scaling into a swing short starting at the hourly 200 EMA with a plan to...
"In the name of Allah, the Most Gracious, the Most Merciful". BTCUSDT POSSIBILITY OF AB=CD. Note: This is only for Educational Purpose this is not Investment advice. "Pain is silence" Thanks Adil Khan.