WickFillerDude

WickFillerDude

BTC continuing its drop towards my long term trend line and is currently trading around it today. I believe this will prove to be a strong level of support for BTC and we will finally see some consolidation in the market after the bearish push experienced the last couple of days. The level of 33k aligns with both my long term trend line as well as the strong...

WickFillerDude

BTC currently trading at a very strong support zone with the weekly wick zone created around the 21st Feb. If BTC continues to respect this level we could see a bounce back towards the next resistance zone around 37k. On the other hand if BTC breaks below this wick zone I do believe we will continue back down towards the next support zone around 33k.

WickFillerDude

BTC has broken my long term trend line to the downside with the next major support zone around the 35k level. I do believe BTC will continue falling down towards this level before establishing a new level of support and decide where to go from there. This is what I am looking out for next: 1) BTC can push back upwards to retest the high 36k level before...

WickFillerDude

BTC closing off the day bullish yesterday after the FOMC news event. For today I would like to see BTC come back down and retest the 39k level before rejecting it and continuing back towards and above the important 40k level. If we manage to get a close above the 40k level I believe BTC will continue its push upwards towards my weekly target zone around 40,8k.

WickFillerDude

Not much happening at the moment with BTC, still ranging around my long term trend line. I still remain bullish in the long term as long as BTC respects my long term trend line and keeps rejecting it to the upside.

WickFillerDude

BTC has made a perfect retest on my long term trend line and has rejected it to the upside indicating that BTC remains bullish over the long term. As long as this trend line is respected I do believe we will see the start of a nice bull run over the next month. I would like to see BTC push over the course of the next week towards the 40k level and close well above...

WickFillerDude

BTC made a good retest and rejection from our strong support zone around 38k. Looking at the 4h chart, if BTC manages to close back above the minor resistance zone around 39k it could make a weekend pump towards 39,6k and possibly further to fill the wick zone left behind by the daily bar yesterday. On the other hand, if BTC closes back below the most recent minor...

WickFillerDude

BTC making a very bearish push towards the next support zone around 38k flat. I do believe BTC will drop down further towards the next major support level as the current daily bar has respected previous high's and broke previous low's. This is usually strong indication of further downwards momentum in the short term.

WickFillerDude

Talked about how I would like to see BTC close above the important zone around 39,3k which was a strong support zone in the past. Currently BTC is trading above this zone but I would want to see either a 4h bar or the daily close well above this zone before establishing that a fake out occurred. If BTC manages to close back below the 39,3k level I believe it will...

WickFillerDude

After closing strong bearish yesterday, we do see BTC rejecting weekly support around the 37,5k level. For the bulls: IF BTC can continue to push back upwards and close above the last important support zone around 39,3k it would be a good bullish indication to continue back towards the 40k level. For the bears: This current push back upwards could be a retest...

WickFillerDude

Simple analysis today. BTC closing the day off strong bullish respecting the strong support zone around 39k. If we continue pushing bullish the rest of the week I would like to see BTC close above the next strong resistance at 41,5k. A close below the strong support zone could see BTC drop down towards the lower 38k level.

WickFillerDude

BTC starting the week off strong bearish, dropping down to trade at last week's lows. This level could act as a strong support and if respected could see BTC flip bullish later throughout this week and move back towards last week's high's around 43k to fill the top wick. If BTC closes below last week's low's, I believe we could see it drop even further towards the...

WickFillerDude

BTC just ranging at the moment between 42k as resistance and 39k as support. I would like to see BTC close above the resistance zone of 42k before confirming further bullish momentum as this level has had multiple fake outs occur in the past. Looking at the weekly and the big top wick rejection BTC gas made, I do expect further bearish pressure for the rest of the...

WickFillerDude

BTC pushing above the most recent resistance, I would like to see the daily close above this zone and later on turn it into support. If BTC manages to do this, we do have some traffic ahead around 42,7k and then 43,5k after that. For today I would like to see BTC close above the most recent resistance zone and break yesterday's high. This would be a good...

WickFillerDude

BTC has reject my support level perfectly yesterday before pushing back above the 40k level. Here is what I am looking for today: 1) BTC to form a good resistance level on the smaller timeframes (4h and 1h). 2) BTC to break above and close above the formed resistance and keep pushing until the daily flips bullish. 3) A break above 41,6k will be a great...

WickFillerDude

BTC starting the week off bearish having broken the previous week's low's. The next rejection zone for BTC is around the 38,5k level which it is currently rejecting. If BTC manages to close below this level I see it dropping further down towards the next support zone around 37k. I remain bullish on BTC as long as my long term trend line is respected. If BTC...

WickFillerDude

BTC closed back below 40k yesterday and is now consolidating in between an important support trend line level and the next resistance zone around 41k. I would like to see BTC respect the important supportive trend line and eventually break the wedge to the upside in the short term. If BTC continues downwards and breaks the current tend line I expect a push...

WickFillerDude

BTC made the faked out and closed back above the important 41k level. Here is what I expect today: 1) BTC to come back down and make a retest on the last resistance zone and turn it into support (anywhere from 40,4k to 40,7k) before rejecting it and continuing upwards, OR 2) Looking at the daily, BTC to break yesterday's high's and continue pushing upwards...