I think a rejection from $28700-29250 area will happen, possibly a major one, up to 18-17k at least (uptrend + support - can support the upward movement). Those resistances will represent an extremely important test for the fate of BTC's direction.
Bitcoin (XBTUSD) has been hitting higher lows on the 4H time frame and is now trading above MA25 with MA99 now working as immediate resistance. If XBTUSD can break MA99 with good volume, you can expect a move to the $3900-$4000 range short term. If XBTUSD fails to break MA99 and breaks and closes below MA25 ($3805), then you can look for the green trendline or...
Bitcoin still hasn't shown any significant retrace. Looking at the chart above, signals are coming which are pointing to a breakout to the upside without any retrace at all, is it possible? Of course, it is possible... Let's take a look at the 3D Time Frame chart so that we can show you what we are seeing... Perhaps you want to hit LIKE now before we get...
first target Short bearish market still control. we need lower low .... falling wedge we go moon
Here is a quick trade for Bitcoin (XBT) on BitMEX... I hope you enjoy it. Please hit LIKE for more and to show your support! -------------- Trade: LONG XBT Leverage: 10x Buy In: Up to $4010 Time Frame: 1H Targets: (1) $4082 (2) $4150 Stop Loss: Close 1H candle below $3985. Profit Potential: 35.6% ROE Capital Allocation: <5%. -------------- Enjoy...