Typically i dont advocate trading against the trend. However in this case we might have a reason to. Price seems to have hit some resistance from 2020, and rejected going higher july 14. we are at a decision point. the stochastic is showing a bit of a squeeze that suggests price may fall, resistance in price forming a double top. looking back on 2016 and 2018 we...
So, with the break of the bullish channel, we saw a heavy dip in price into the 40000 dollar zone and then an instant bounce up, Which was expected since the whales started to exit the market (Dec 1st), USDT.D Exploded after being in consolidation for a long time (Dec 3rd) and Bitcoin after around a day of consolidation and price compression (Dec 3rd), exploded to...
The best scenario for Bitcoin analysis in the MID term is that the downward trend will continue
But now, if the price support above the $22,000 area and observe pressure from buyers ,
The price has the potential to rise to $25,000 resistance and then fall to new lows
Or if observe seller pressure and the $20,800 support breaks to the down and then we experience...
Hello traders, in today's trading session my team and I are monitoring GBPJPY for a selling opportunity below the 160.604 price level, once we get a bearish breach the pending order will be activated.
Pip Regards, DayBot6.
PS: Kindly COMMENT on what you think of this idea. Also LIKE, if you do.
Hello, I am Hayman from Kurdistan, this is my first analysis. I hope I have helped you with this simple analysis. I believe that the chart speaks to people in the most correct way. long live for country of Kurdistan| united state of Kurdistan \USK
Chart
ATR andicaitor for Average price movement
As I seen 2017
I predicted 3 different possibility, but resultant is same
Sooner or later we see 10-13k$ zone that will the best time to buy
But that time people loos hope and give-up
so from what i can see here it shows that the s&p 500 has a chance to go up or down or consolidate depending on what timeframe you use and what kind of trading.
Bitcoin 8h timeframe chart looking bullish in low timeframes. Inverted Head & Shoulders has formed. Exelent opportunity to go long on bitcoin (4h candle has closed above the neck line). And more bullish divergence confluence on the rsi.
As my analysis the Trendline broke down . The most probable and Solid Zone to pushing the Price higher is where I Showed in BTC UPDATE 1.
WAITING FOR PRZ REACTION
