nen

Bitcoin Levels

nen Updated   
KRAKEN:BTCUSD   Bitcoin
I am looking at these levels or time stamps waiting to see if any meaningful candlesticks are formed. Will post updates in case anything arises. Looking for candlestick shadows, harami, or engulfing or anything else that might signal a potential future move.
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This still forming potential bearish engulfing looks interesting.
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After some bearish days after that big engulfing we have an "uptick" on the daily with 2 previous candlestick shadows at the marked price. This could get ugly. Bulls might not be strong enough yet. We'll see.
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Rebound at the ellipse. It got ugly for the bears. Day not over though.
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I like this green candle with this setup for a potential turnaround. Hope it closes like this to go long.
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Not looking so good anymore. Might have to do a rain check on that long.
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The orange level holds as the snoozing weekend unfolds. What happens on the 27? Do we get to see another signal?
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Interesection: time stampe & marked level. Potential signal @ closing price.
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Interesting little bearish engulfing at the marked date after the 2 days correction slightly on the up. If this is a power down wave this could be the next entry point for the bears unless the bulls have something to say about it, so the stop loss for the short can be moved above today's high. Somewhere at or below the orange level.
Comment:
Good long bearish candle (even though the day is not over) for the trailing stop loss above it's high around the marked red price level. First marked date was 27, the day of the bearish candle which offered a new position for the trailing stop loss at the orange. Next marked date: 7-8 August. First marked price level in sight is quite low. Don't know if we will visit it Soon Enough.
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A weak to medium/decent signal on the marked date. Don't know if it is the end of the wave that started at the marked level of 31584. I might be wrong. Looking forward to see if the orange level is pierced.
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A swoop and a swirl around the orange ellipse, price bounced from the marked price 29673. We have an interesting candle today which if closes in the green might signal another wave up. Thanks for watching!
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On the marked day of 29 August we have a bull run, and a pretty decent one.
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Flirting with 27000 and I believe it wants to touch 29364 too. 60% probability to do it with a stop loss below the lows at 24600 sounds like a good bet with a decent edge.
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Blue level broken and I hope it stays this way so we can see 29364 touched.
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Pivot point at the blue level but I am not writing off the bulls yet that pushed the price from that low at 24925.
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Back at the Blue level. Is this a retest? Waiting for any potential green candle on the daily chart at this level, even though the sentiment might continue on the bearish side.
Comment:
Target from comment from 14 September Hit.
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