From the last update we had reached ATH and now facing strong resistance area 59-60K. I assume we will be rejected from this resistance one or couple of times and go back ti 57K support area, in case if 57K support won`t handle we will go depper to 55K support zone. For me everything higher than 55K has bullish priority, lower 55K bearish for now. However while...
Are we starting to see the push to the upside? Did the bulls really buy the dip?
Higher highs and lows are showing some signs.
Influences from China have pushed prices higher with production rates slowing.
We remain bullish for the long-term valuation and have eyes on the next entry point.
NASDAQ remains bullish on economic return - the Tech industry is going...
RSI on daily and MACD look quite bearish to me.
BTC needs more momentum or it won't hold up there.
I'm looking for a short entry if things stay like this.
Do yourself a favour, set your chart on weekly and keep an eye on the doji forming.
The higher it goes in this condition, the harder it will fall.
When institutional investors step in, you'll notice: they...
Last upward price movements since Corona Crash reminded me of Elliot waves so I started to count them and try to be more realistic as my last idea was a bit too exaggerated, so if time and target are right will take us at $6666.66 next year so I assume day and month will be again something diabolic :)
Basically chart is showing counts of Elliot Wave impulse...
The perfect trade to stop / liquidate early shorts and create a bull trap. Lot's of confluence in this area. Looking to swing short if the market can get up there
top of macro channel
macro linear 786
macro log 886
All within a $200 zone around 16520
In my last trade idea for Bitcoin (XBTUSD), looking at the 4H timeframe, I gave you the direction where Bitcoin was headed next...
Now, I would like to share with you the next target (being a bit more specific).
Here are the support levels where Bitcoin can find resistance if prices continue to drop:
These are short-term...
We are of the same view here with Bitcoin (XBTUSD) printing a lower high and now closing below EMA10... Prices can drop lower.
The immediate support is sitting at $9333 or EMA50, this is the next level to look at if Bitcoin moves lower.
Followed by $9174 or MA200.
Additional support levels are marked with blue dashed lines.
The immediate resistance is now at...
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So, what is going to happen next with Bitcoin (XBTUSD)?
Now I share analysis of the EMAs that I learned through experience... Here is the sequence:
1) XBTUSD (Bitcoin) breaks below EMA50 on the 9-May, by the 13-May XBTUSD is back above EMA50.
In this case, EMA200 was hit (brown...
Here we are SHORT now with XBTUSD (Bitcoin) and we are going on 8X... Let's have a quick description of the above setup.
1) First, we have the higher low which we mentioned in previous articles.
2) Prices are now trading below EMA10 and we have decreasing trading volume, going lower and lower.
3) A recent rejection of prices while they tried to move and close...
Here I've mapped the Bitcoin (XBTUSD) chart for you.
First, notice the trendlines...
We have a lower high.
EMA10 being challenged as support.
Indicators trending down.
This setup can easily lead to lower prices.
Make sure to have a plan if you decide to trade.
This is not financial advice.
Bitcoin nous reforme potentiellement une structure de TOP avec arrêt temporaire de la dynamique haussière avec des Higer high suivie de Higer low qui se transforme petit à petit en une structure de Lower high et lower low.
Invalidation de ce setup si clôture au dessus des 9.800$ selon moi.
Souvent les grand mouvement de marchés se font le week end et celui-ci...