As you can see there are various signs that we are on the bottom, hammer + divercence on the RSI, I remain confident and keep my long open up to 56K
even if the main trend has been interrupted there are divergences on the RSI and MACD, this makes me think that we will retest the resistance around 56,500
they are trying to steal your Bitcoins, hold on, the trend is still intact, the only bearish sign would be a close below 53K
Hello everyone, as previously indicated the support of 53K has been reached and the price has bounced above it, which confirms that it was indeed a nice support, now we just have to see that the resistance of 58K will be broken, a close above the 59K will confirm the continuation of the uptrend
while waiting for the next support at 52-53K to be reached, be patient
The trendline has been broken, the next support is around 52K
The last part of the wedge is almost complete, I remain bullish, the only thing that could change my mind would be a close below 56,500
This is my idea of how the market will behave in the next few days, the ideal trend would be what you see, next resistance at 77K, retracement down to 62K and then the road to 100K will be a breeze.
after testing the trendline support the price rebounded as expected, there are two possible scenarios in my opinion: 1- breaks the ATH and goes up to 77K 2- test the ATH again and then the trendline again before continuing to 77K
As expected the trendline has done its job, now we can keep pumping
The support previously indicated in the last analysis has been practically reached, now we may see an ascending triangle forming before pumping again, however it is time to buy
First trendline broken, next point to open a long is around 54K
After testing the resistance at 62K it seems that the price wants to test the support of the trendline at 58K, the best price to go long before starting to rise again towards 70K
Reached today the resistance of 62K, if the week closes above we will go straight to 77K, good profit everyone!
although Bitcoin has touched the previous ATH there does not seem to be any sell signals, the trendline is intact so it seems that it is only a matter of hours before the 58K is destroyed ... we follow the trend until the trendline is broken
the show is about to start, sit down, grab some popcorn and enjoy!