After getting rejected at the upper trendline of the uptrending channel, Bitcoin is currently testing the lower trendline right at 10k. This isn't just the lower trendline, it's also the psychological level we all love and hate. I see 2 possibilities here. Either it bounces towards our last resistance near 10.800$ where we meet heavy resistance again ( yellow line...
This is not trading advice I just like to draw lines and find patterns. XBT is in a large wedge and downward channel. Until it breaks out of this its still possible to see a retrace and retest of the current bottom. Nobody likes flying blind.. except honey badgers of course.
XBT is showing us the way. Short short long long. Not advice I just like to draw on the charts.
rlly just posting this for indicator viewings but i also took the trade sooo Corn go up now?
This week we've gone from 12k to 10k, bitcoin got dumped hard with no relief bounces at all. Which arises the question; we're are the damn buyers?? Lets begin with the rally from 9.4K we double bottomed and got an Adam & Eve pattern. The pattern with a neckline at 11K gave us a upward rally with prox. target of 12.8K. We came far but never made it there. Reasons...
Indicators indicating price might have an imminent price change. Long here.
After the recent bull run, some price consolidation is highly needed and expected. And, it may be time to go short on this Shorting here for 10927 (target 1) with stop loss above the trend line at 12032 may be a good option here. We also have massive red sign from TD. It is indicating an overbought condition. A bit of cooldown will be good for the next run to...
This is only my unprofessional opinion Soo, ****DO NOT FOLLOW!!!! ))
Correction* Weekly 99MA is my target. NOT the 50MA
Bitcoin has made all its way down in only two days and now hitting the formerly mentioned potential bullish triangle support. This is a very hard approach that needs to be smoothed by a green candle tomorrow otherwise, the next support target is around $9500, where it would be immensely important not to fall through to keep the bullish trend alive. The monthly...
BTC.D to 65% Bitcoin BTCUSD BTCUSDT 8900$
Good morning, traders. Overnight, we saw price dip into the blue demand zone that I mentioned we were watching about a week ago. We are also continuing to watch the H4 hidden bullish divergence (red arrows) complete and confirm. H4 is currently printing a TD 9 buy signal with RSI in oversold and Stoch RSI bottomed out. This does not mean that price will bounce...
Short entry: $10490
A few days ago i posted a message in my channels to explain why i wasn't around much lately and that it will be like that coming period, but trying to post some updates here and there. Today i will write an analysis but will keep it short though. The past week the market has been indecisive through a triangle and now a possible double bottom. A few days ago i...
Three deviations of ATR, combined with Ichimoku and ALMA Explanation is on the chart If you have trouble accessing just comment