The weekly timeframe keeps providing us bearish signals. The price is at SMA50 and this line acts as a resistance. The previous several candles tell us about buyers' strength. Small candles confirm that buyers don't have power for pushing the market higher. It's a typical pattern at a possible reversal zone. We should be ready to see the falling to the lower support levels and lines.
MACD lines and DMI give bullish signals and confirm the uptrend in the long run, but the correction movement becomes more realistic with every new week.
MACD histogram is going to support the downward movement. And again we have to focus on 4000.00-4200.00 support zone as the main target for the downward movement.
When will these bearish signals play out in your opinion?
aaronrthomas
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or we are going to see a 7% pullback in the next few mins. Lets hope all that resistance we just busted through acts as suppport.
IRCSAS
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take care of this great trap
And now EMA100 1W resistance(5750-5850)
And we are facing the strongest resistance to Bitcoin history!
A resistance that hits it equals a huge drop that will hold everyone to finger
Everything will happen in a few hours and we'll see that we've fallen 30 to 40 percent!
Also, Altcoins will experience a fall to their Lower price in 6 month ago
Until now, all the only fraudulent companies manufacturing a miner machine have been behind this pomp,Who can sell their devices! and their money is over and there is no new money to inject and enter the market.
Good luck!...
milanjelic
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Its bullish
Regards Mr. Lavrov.
babeli
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rkothwala
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lol
aaronrthomas
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All i am noticing recently, is that most are thankfully getting it wrong :) many that are bullish, are also looking for a pull back to 5200, 4800 worst case 4200. It really seems to be a case of BTC just doing what it wants to do even amongst the topic of a reorg of bitcoin. I hope we can push thought to 7500 and then cool off 8-9%.
ParagonVenture
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Hello, everyone ! Many have asked for my Videos and why i have stopped doing them, but im officialy back making videos, ill try to stay consistent, more exp in video, there you go ! Good Luck