After the sharp drop on Saturday where BTC reached 8117, the uncertainty of the vast majority of Bitcoin Holders is visible. 8700 is a very strong resistance if we compare the year 2020 in two highs and lows. A possibility of falling between 8100 to 7400 is possible if the price continues on this yellow dashed path and if the resistance of the 8700 is...
Hello friends! I see a pattern in the current BTC chart and I want to share some ideas: - Looking at the green rectangles we have a clear equality in size and structure; - Notice the numbers 1 and 3, both played the white dotted channel with perfect sync; - In the yellow rectangles (both also the same size), they follow a perfect synchrony pattern. Obviously...
Fear and despair overtake the crypto market. Forget the movement that took place between February 17th and 18th. What we see is a bearish movement. What will be the next fund? Important supports have been drilled, so a large eviction carried out in the last 2 days. My opinion remains the same as my last analysis, if the bearish kendall continues in this...
Reasons why I believe in a bigger drop compared to my last analysis. The level of confidence in a bullish channel is decreasing in relation to the fear of greater losses in relation to the bearish channel formed a The daily chart does not seem optimistic in the short and medium term, where we can see the price reversal. The RSI confirmed and the MACD histogram...
The price is in the resistance zone formed by SMA100, 10000.00 and in the main line of the descending price channel. The 10,000 line has become strong resistance. And despite strong signs of bullishness, we are in a bearish channel. If you enjoyed this review, please like it and share it with your friends. Legal Notice! This post does not provide financial...