Mrcryptotracker

Mrcryptotracker

#BTC I'd like to be a #bull, but these two yellow arrows and that red one make me feel #bearish Anyway, two scenarios are on the table. I will look for short opportunities close to the yellow box and the red trendline. Cheers! Mr. Cryptotracker

Mrcryptotracker

Hello everyone, Market is still more or less sideway, and we can't do much in such a situation. If #BTC price closes above the $30400 level, then I will be #bullish for the short-term. Cheers! Mr. Cryptotracker

11:31

Mrcryptotracker

Hello everyone, I tried to provide you a comprehensive TA on #BTC in both the long-term and short-term. Hope this helps you. Please let me know what do you think about the next move in the market in the comment sections. Cheers! Mr. Cryptotracker

Mrcryptotracker

Hello everyone, It's a while I didn't publish any updates on #BTC. I was more active on Tweeter recently. This what I think about the next #BTC move. All the important price levels are on the chart. Cheers! Mr. Cryptotracker

Mrcryptotracker

I was on a long vacation so I couldn't share any ideas for awhile. As for BTC, no big change so far. Price got rejected at the daily pivot. the first confirmation for entering a long trade for me is a close above the daily pivot and OBV following up the price. Cheers! Mr. Cryptotracker

Mrcryptotracker

getting rejected twice at EMA55, which tells me we are going to go down. I think the price will test weekly EMA200 in the future.

Mrcryptotracker

The situation is still the same as yesterday, but it seems the price is going to form a possible higher low if it can hold the red line. If this happens, it would be a good sign for having an uptrend. However, we should keep an eye on the traditional market tomorrow and see how they will close the week. Cheers! Mr. Cryptotracker

Mrcryptotracker

The long-term #bearish trendline one more time acted as a resistance and didn't let the price go higher. Holding above the red line would be a sign of more upside or maybe a trend reversal. Failing to hold it would result in having a lower low. Cheers! Mr. Cryptotracker

Mrcryptotracker

I tried to explain my idea about the next possible move on the chart. Please read it carefully and share it with your friend circle. Cheers! Mr. Cryptotracker

Mrcryptotracker

We see 16% move from the last bottom and a lot of people are excited about this move and they say it was the bottom and the rally just started. this is my view; a close above $44.4k and then holding the $39.5 k level is the confirmation for trend reversal. Only if this happens, I will start trading with full size. Till then, only scalping. To explain the chart...

Mrcryptotracker

#BTC update on my Elliott wave count; As I shared with you before, we are in wave C, IMO, and we are very close to the end of this wave. I expect to see $28k to $30k. If this level cannot hold, then even $20k is possible and still, the EW rules don't invalidate. I have no idea about the time period.

Mrcryptotracker

Price got rejected at the resistance (red trendline) and also dropped below the support area (green area). I expect to see a bounce from $37k area. Also OBV is very close to a support trendline. Failure to hold this trendline would result in a test of the red area. If this happens, then the price would drop to $30k area.

Mrcryptotracker

This is what I see in weekly TF. Personally, I like this project and am a long-term holder.

Mrcryptotracker

Hope my tweets saved your capital in the downtrend we experienced. Share it with your friends and let them join us in this journey

Mrcryptotracker

The weekly candle closed below EMA55. The last time when the price dropped below the weekly EMA55 it recovered fast and closed above it. It should happen again now, otherwise, things would get uglier. Cheers! Mr. Cryptotracker

Mrcryptotracker

Wow, everything is on the edge. If this support cannot hold the price, then things will get uglier. RSI is at a very long-term trendline. If it drops below the trendline, then we should probably forget about a bull market for awhile. Alos, OBV is going to break the trendline to the downside too. No sign of hope so far. But always remember, whenever all...

Mrcryptotracker

Please zoom out to see all the ups and downs. If the green trendline cannot hold, then things will get so ugly.

Mrcryptotracker

Cardano, which another project I really like and have a long-term bag, after being in a long-term uptrend showed 60% correction. Now, the price is at the golden Fib. ratio (draw the Fib. from the low in March 9, 2020) and just above the WRL level (around $1.15). This level showed good support over the last 6 weeks. However, I think a very quick drop to the...