MOVING AVERAGES
Resistance at the 100 sma
COLOR CODED 15 EMA, 50 SMA
Indecisive 50 sma and 15 sma. They are about to cross over or continue down and turn red.
200 to advance to the support of $26 900
3H- CHART PATTERNS AND TRENDLINES
The most recent support and resistance levels: $26 900 - $28 700
3H - DIVERGENCES
Bearish divergences on the Volume and...
MOVING AVERAGES
100 and 200 are far below so there is room for price to be pulled down towards them.
Color coded 50 and 15
15 sma and 50 sma are green and moved up but there is a resistance at $29k. This may be the reversal point.
DAY- CHART PATTERNS AND TREND LINES
Up sloping support and resistance.
DAY - DIVERGENCES
A bearish divergence. It looks like...
April 1 - 1 Week time frame
MOVING AVERAGES
Price broke the resistance of 50 sma and 200 sma.
100 is far above. It looks like the price may get to 100 and find resistance at 32500. This will be a great confluential point for forming the upper line of a symmetrical triangle.
COLOR CODED
50 sma is green but sloping down
15 is red but sloping up and in this case...
Jul 25th
Weekly
Price to reach 24k if it breaks the 200MA resistance.
If we go down around 20k would be a support.
1D
If we don't hold the 20K support Bear Flag - Bears continue. Brake under 20K.
Posible stop at 17.5k or 16.5k
12H
15MA and 50MA is green (looks bullish).
Price broke under 15MA but the line is still green.
50MA is sloping up (looks...
I was looking for a pattern of percentages, drops, or increases. So now, according to the chart, BTC drops to 19k. If it wasn’t that precise, I would not post it. We have two drops of 50% below the green line of the indicator. We reached a 32% drop from the same indicator line on the third one. I would be inquisitive if this will get to 50%, which is19K. Of...
Three retraces 52% each the third one is not complete yet but we are headed there and that's 22k. I have a few more interesting BTC insights that I will post on Twitter. @bitcointrdr
On average BTC moves anywhere from 30% to 50% between support and resistance on the daily, except for the few big moves up or down. On previous consolidation levels you can see how precise 31% is. I believe BTC will be trading from 25k to 33k for a while to form a chart pattern. After it forms a pattern I want to see it go to 19k to confirm my previous idea. Go...
How precise would it be if BTC executed this bear triangle? 25% drop to get in it and 25% drop out of it, which takes us to 30K. A price range that a lot of people have been talking about.
So yeah that`s the situation on the 4h. Don’t lose your money unless you are DCA just hold for a moment to see where this trend will unveil next. The FOMC and OPEC meetings are coming soon so that may be the reason why we went down. Watch for that and don’t really make any ridiculous trades unless you really know what you are doing.
Price below all the MA, and really far below the 10 and 20. The RSI shows a bullish divergence. Waiting for the cypher to show the red green dot soon and that will potentially lead the MACD crossing over soon after that.
I just don’t know where it would go from here up. Let me know what your suggestions are?
My last call was spot on. Let’s see this one!
This is the third bearish sign I find as we are developing this current BTC move. Here we have double Doji which looks like bears are stepping in. Volume is decreasing which tells me if I`m right and bears really step in we gonna tumble down. In the previous posts, I showed you the bearish divergence and flag. This is just a continuation of my previous ideas and...
If this divergence plays out I would not be too surprised if the price gets to 40k and that’s if I’m conservative about it. In my previous post, I show the bearish flag. If the price goes to 40k we may start testing the bearish flag support becoming resistance and then I assume it will indicate even more bearish move which may lead us to a lower 30k. Let me know...
If BTC hits the support line of the bearish flag I would not be surprised if it breaks it and starts heading towards somewhere around 30k. What do you think?
After seeing that massive divergence that just formed up, I personally believe BTC has more room to go up. Correct me if I don’t see it the way you see it!
