There is still a no trade zone for us. BTC currently trading at $36,000 and there is a strong support here. BTC is trading in a range bound $36,000 to $40,600 but couldn't close above $40k. Currently we are just waiting for breakout or breakdown and if you haven't seen my previous videos about BTC than go and watch it and you can prepared for both the scenarios....
H4 - Price is moving inside a bullish channel and has currently reached the top of it, bearish divergence.
H1 - We have two critical zones that has formed based on the fibo levels of the cycles, price has reached the first critical zone, we have bearish divergence,
Until this critical zone holds we may look for bearish setups with more bearish evidences in...
W1 - Price bounced from the 61.8% fibo expansion, bullish divergence.
D1 - Price broke above the two critical zones, bullish divergence.
H4 - Looking for breakout above the triangle pattern. Break and close above the most recent swing high would give extra reliability.
D1 - Bullish convergence
H4 - Triple cycle completed, currently it looks like a retrace is happening.
H1 - We have two critical zones that has formed based on the fibo levels of the cycles.
Price has now reached the second critical zone, bullish divergence.
Until this zone holds we may look for more bullish evidences in order to join the bulls.
D1 - Special or triple cycle completed, currently it looks like a retrace is happening.
H4 - We have two critical zones that has formed based on the fibo retrace and fibo expansion levels of the cycles.
Price has reached the first critical zone, we have bearish divergence, until this critical zone holds, we may look for more evidences of bearish pressure and...
W1 - Price broke below the uptrend line, currently it looks like the price is retesting the breakout.
D1 - Hidden bearish divergence.
H4 - Price has reached a critical zone formed by the fibo level of the cycle and the weekly uptrend line, bearish divergence.
We may now look for more evidences of bearish pressure in order to join the bears.
D1 - Price broke below the trend line, 3 critical levels on the way down to pay attention to.
H4 - There are two possible scenarios.
Scenario 1 - Consolidation and possible continuation lower
Scenario 2 - Another leg upwards and then possible continuation lower.
D1 - Price is moving inside a bearish flag and is holding below the downtrend line, potential bearish hidden divergence.
H4- We have two critical zones that has formed based on the fibo levels of the cycles, the top of the daily bearish flag pattern and the daily downtrend line.
Price has currently reached the first critical zone, bearish divergence. Until this...
W1 - Price is moving inside a triangle pattern, price still has room lower towards the bottom of this pattern.
D1 - Bearish convergence, currently it looks like a pullback is happening.
H4 - We have two critical zones that has formed. Price has currently reached the first critical zone, bearish divergence. We may now look for more evidences of bearish pressure...
