After a Monday sell-off, BTCUSD went into a lateral movement inside a narrow channel 6650.0 – 6800.0. From the lower side, 6425.0 level stays a critical support. From the upside, 7000.0 level must be overcome, to consider investments in BTC reasonable. Today forecast: Trading in 6650.0 – 7200.0 zone; Break below the 6450.0 level will lead the price to the...
Orders placed a little above support at 6025 to help ensure we get a fill. Strong level, expecting a decent bounce at this price. Will look to take profit on 70% of position at 6460 should the market get there.
Orders placed a little above support at 6025 to help ensure we get a fill. Strong level, expecting a decent bounce at this price. Will look to take profit on 70% of position at 6460 should the market get there.
Fall zones decision nodes (black) Go Zone// Sell Zone(Red) Safe Hold(+) Sure Buybacks(1a, 2A) Trend Line(dotted, solid_color)
So my last analysis on BTC was proved to be true. Much before it touched 11k mark to fall down again, I had published that it's going to fall down. Exactly at my predicted time, we're at 10.3k again. I would again advise you to stay away from bull traps, from the dummy head and shoulders, diamonds, cups and what nots. Open your eyes and see it yourself. It's...
I.We hit the trend line @ 13k II.If BTC breaks up look for resistance around 15.3k III.If BTC breaks down below our support @ 13k look for it to find support around 12.5k.
Bitcoin showing similar breakout pattern as with the previous breakout. Price slowly creeping above descending channel formation. Possible long entry at the significant break and close above the upper channel formation at (3). Support and other possible long entries at EMAs and (1). Target and next expected resistance at (2), minding resistance at psychological...
BTC has tried to cross the resistance at 17.270$ for three times and fell back. This is a negative signal and we should be aware that BTC now could test the lower support at fib level 78.6 (13.600$). This correction wouldn`t be a crash - the general trend would be ok. (see trend channel in green). The last price-explosions came from the anouncement that...
After reaching our bearish target very fast, the pair should develop an important technical rebound. From a technical point of view, wave (C) should be considered a BUY OPPORTUNITY . If our analysis is still correct, this bullish movement should form at least two bullish sub-waves and a bearish sub-wave (simple abc structure). If you think this analysis can be...
Disclaimer - I'm a TA in the making, still learning and studying all day everyday. Expect mistakes and nooby errors in my charts. The NEO chart is showing a possible trend reversal with a H&S formed, right shoulder broke down through the bullish trend line, then came back up to test the broke trend line and was rejected. Experienced TA's, would love to hear...
But with the split coming people took there money out at 2800, like you should have, and started shorting. Panic sell tomorrow? Or are you going to risk it?
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A SERIES OF LOWER HIGHS AND LOWER LOWS SINCE MID MARCH, FOLLOWING A DESCENDING TREND LINE. AN ACCEPTABLE TRADE WOULD BE TO WAIT FOR PRICE ACTION TO BOUNCE ONCE MORE FROM THE DESCENDING TREND LINE OR TO BREAK AND CLOSE THE OTHER SIDE OF SUPPORT AT AROUND 211.30. TARGET WOULD BE THE LOWS OF JANUARY AT 168.87. STOPS WOULD BE THE OTHER SIDE OF THE SUPPORT TURNED...