Iampyhr

Iampyhr

Ok, so we have bullish moves but volumes are not high as much Which is understandable during the spread of corona virus. And we should Trade with cautious and wait for another great buy opportunity like the black Thursday.. Ahhh, good day...

Iampyhr

Ok, this is so obvious!

Iampyhr

Bitcoin just broke it's trend line which means we should wait and see if it goes back on it or not. If it goes back on the trend line we can expect the price to go up to 7800. If not, and this sounds more probable to me, we should see the market go like this: Have fun!

Iampyhr

Just step outside as i do, sit on your hands and watch BTC fall again to confirm the previous support line in 3k-5k channels. If not, price should go up to 7500 again and then we can safely enter the market.

Iampyhr

Although the second bullish trend is broken, the temporary one, we are still moving on the main bullish trend. So we should wait and see if it breaks to ,or not

Iampyhr

This is a bearish divergence on the daily time frame . I'm not saying i can see the future and stuff.. But i can in this case, this is not a bullish market in the following days and we should see a few red pips before we can consider going up. Bitcoin is going to correct herself and she will go down to 5k channel Maybe even 4800. Either one of these...

Iampyhr

BTC Anaylisis

Iampyhr

As you should know divergences are strong signals to indicate the following pips these divergences are bullish ones So enjoy (with your own risk :/)

Iampyhr

No comment

Iampyhr

as you are reading this ,bitcoin is on a good *ss bull going to the moon cause who knows, maybe bulls do fly disclaimer: you should confirm that all the actors doing the scene are above 18 (16 in some states) and consent to the act itself and are not related in anyway. (in case we get ***** 😂😂) Just kidding , this is not a financial advice

Iampyhr

Which one do you think it's going to re-test before moving on it's trend? The resistance or the support?

Iampyhr

Could this be the case??! IDK

Iampyhr

So, this is what it should goes Like. And like always , this is not a financial advice.

Iampyhr Updated 

As i said before BTC may still be in it's bearish trend ,because we can see a bearish flag. for A few reasons: * BTC had a strong pull back from 3k channel: * BTC is in a weekly bearish trend: So if BTC break's the support and it's short time up trend it would confirm one or all three support areas (DONT PANIC, I'm looking for a better entery point, We are...

Iampyhr

BTC just fell below it's short time trend and looks like it's in a new down trend as it's exiting the bear flag. We have to wait for the confirmation but when it does confirm the new trend line... So this road map is highly possible ,but as i said ,we should wait to see the confirmation.

Iampyhr

Bitcoin's bearish flag is still running and soon bitcoin is going to follow other markets due to world's panic caused by corona virus. Correlations shows that Bitcoin had a day off from the market crash and soon will be corrected. I'M NOT TELLING YOU TO BUY,SELL,OR EVEN HOLD YOUR POSITION IN ANY WAY

Iampyhr

As you can see we have a little thing called RSI divergence The good new is that it tells us we can expect a bullish trend in an hour or two. So we can have some DUCKING green ones. :)