KryptonuQ

KryptonuQ Updated 

Hi guys! It seems we had a false breakout. We did not have enough volume to push the price higher. Reversed hammer/shooting star is forming = strong reversal sign. Closing below mid-term downtrend daily means we are still bearish. First target is 9.3k, our previous low.

KryptonuQ Updated 

Hi guys! Here is another quick analysis. So going back to a few days we had a nice gravestone doji/shooting star (on the daily chart ) showing that bulls were running out of power. Next day the red candle confirmed the trend reversal. We successfully broke the 10k psychological level. We also broke the 9.5k resistance which was a resistance before and...

KryptonuQ Updated 

Hi guys! Let me share my idea with you, I hope you find it helpful! As you can see yesterday (february 20) we tested the mid-term bearish trendline as a resistence and it looks like we are bouncing back from here. We did not close above the trendline which is a great sign for the bears. We also created a gravestone doji or a shooting star (the daily candle is...

KryptonuQ Updated 

Hi guys! In my previous publishment I went bearish doubtlessly. Despite the fact that I'm still bearish I wanna show you both scenarios and my thoughts on it. Let's jump in! Going back to the late november/early december when the hype started everybody started to talk about bitcoin. When you went out with your friends to your favourite pub and after a few...

KryptonuQ Updated 

If you have look at the daily chart you can see a clear hidden bearish divergence which is a trend continuation sign (confirming that we are still going down). It also forming on the simple RSI too. On the MACD the lines arent crossed yet. We might move up to 9.5k and possible create a double top there then move down. Yes we broke the bearish trendline, but it...

KryptonuQ Updated 

Hi guys! let me share my idea about BTC. It's my personal opinion, I'm not telling anyone to buy or sell bitcoin. As you can see on the mid-term we are going bearish. The price failed to break the 0.786 fibonacci level which is around 9k and bounced back. What makes it more important is that, at the 9k level we didn't just bounce back from the fibonacci level but...

KryptonuQ Updated 

Hi guys! This is my first publishment. Comment if you think it was helpful or not, because every comment helps me to improve. Let's jump in! 1. First bearish sign is the mid-term down trendline I drew. 2. We can also see a clear elliot waves pattern. We can see a ficonacci level at 9k and even the 5th wave didn't test it, so I don't think we are moving up again...