Marty Boots here IN THIS VIDEO I WANT TO SHOW YOU THE BEARISH J-HOOK PATTERN THAT CAN BRING BITCOIN BACK DOWN TO $4600 LOOK AT THIS LINK BELOW FOR THE PATTERN , TRADING VIEW DOES NOT LET ME SHOW YOU ON SCREEN www.feedroll.com
hey guys what is up??? hope you're having a fantastic day please feel free to go through my analysis above it is very easy to understand and I am sure it makes perfect sense. that is my bearish scenario and for the bullish scenario please go feel free to read my previous post. let me know if you have any questions also feel free to share your opinion based on...
Notice if BTC goes and finds support above RSI 14's 50-52 level. It says in the bull run regardless of bearish divergences which are irrelevant at uptrends. If it's below it, it's a bear run. We're now at the breaking point where BTC will either break above these levels and confirm a bull run...or not.
Take a look at this chart and please understand that this is not trading advice. I am simply taking notice of the larger trend that BTC has been trading in and continues to trade in. Any hope and dreams of this being more than just a wick at this point are just that, hopes and dreams...the fact of the matter is that until we can prove that this is a reversal...
BTCUSD Bitcoin on the daily time frame as been in this up trend now for around 9 days and just yesterday has broken this up trend line im looking at the 4 hour time chart as we are in an Equilibrium pattern and looking to break Bullish or Bearish tonight or early in the morning this could confirm the swing to Bearish if we break below 11450.
Bears have broken out and gained control after the break of support at 9657 i am sitting all cash waiting for some clear patterns to play out. Will be looking for some lower highs and lower lows to set on the 4 hour chart.
Bitcoin is still in a Lower High Lower Low pattern.
There's an uptrend for 14 days. However, $5656 is a daily support (previously resistance) and broken but not re-tested. There's no 100% probability of this pattern but still there's a high probability that broken levels are tested at least once before the move. In case this trend breaks, Bitcoin can test $5656 or even go lower. I am going to update this post accordingly.
BTC has had an unexpected and sharp rise last few days the price went up to $5 275. Usually such pumps end within few hours or a day consequently, we had a first sell off wave yesterday and the price went back to $4 750 level. Nevertheless we see a confident trade volume growth, currently BTC is still in bullish mood. Price moves above EMA 50, 100 and 200. There...
We can see that the RSI is overbought and in all of the bitcoin history there was a correction correlated with bollinger bands, rsi and momentum. It s the perfect spot to get some profit and short bitcoin. I recommend also to levrage this short if you want to get more profits. Correction is on the way. Pullback to 4500$ - 4700$ Then 6000$ (maybe in may)
As you can see in the chart, Bitcoin stuck between two trends. Up or Down? There is no volume, no momentum, no bull/bear signs! All we know is we are at the edge/intersection of two trends. Do not believe in what people say, unless you know someone who holds over 20K+ Bitcoin. The time is up! We are going to see the break-out anytime sooner. Hopefully bullish....
Price Yesterday BTCUSD fell sharply, breaking the 6800 support on the way, after SEC statement on the prolongation of decision period for ETF applications. The price did stumble on 6600 support for a short time, but after a while broke below and now trading around the 6500 level. 6000 is a near-term target, by reaching it Bitcoin will erase all gains and...
Good afternoon everyone hope you are all well and enjoying the weather ok lets get to it I noticed we have a lot of support & resistance at the $8000 - $8100 level as we posted this a few days ago im not sure if we can call this a double bottom but time will tell i need to check other trends and indicators to confirm if we are in fact going to bounce from this we...
Just a simple idea