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Bitcoin is clearly attempting to break through and make new highs and continuosly failing to do it .
Starting from January 13.th, we have obvious downward tendendcy (after making all time high), continualy had lower and lower rebounces like 20.000/11.700/10.000/8500/7400/6800.
With all that said, Bitcoin as failing to breach 6750 in 4 attempts (while making ...
Bitcoin is still rebouncing in a channel (7800-8400), it could stay there for a couple a few days, but when breaks trendline market will be pulled downwards with 40-45% price drop which might cause panic sell and lower the price (5800 level even deeper).
Everything with Bitcoin would maybe look fine (if we deny fact that sinked already from 19.000 level to 12.000 ...
Over the night we got a pretty bullish price action.
The BTC' price bounce upwards from:
1. The Fibonacci golden ratio 62%-65%
2. The strong support area
3. The round number at $6,500
4. ..and the 4h candle formed a bullish "Hammer"
So, currently, it looks like a very good setup to make short-term trades. The first target would be the minor trendline and ...
Here you have our next few days market prediction, We are well experienced group of professionals in the cryptocurrency industry, And our combined strengths gives us the ability to provide a highly accurate predictions.
The chart shown here is extremely simple to understand, And follow.
Our whole purpose is to make it as simple as we can for you, No bullshit. ...
Who knows when BTC will stop bouncing between the top descending diagonal downtrend line on top of the MASSIVE downward wedge that many expect to pop. I think this is a fair play, you get two choices of entry depending on BTC, ( stop losses in this chop go 2-4% ), the targets are based off previous value zones that price has encountered stuck around by. There is a ...
Bitcoin is slowly entering it's demand zone. One should start investing in chunks. 5330 is the the final zone to buy and with a SL placed 100-200 dollars below one should expect a breakout on the upside for new all time highs
if break down below $ 7346 would go down to $ 6731. If it goes up 4-5 days fore Potential up to $ 9000.
In short term btc will breakout
Hello dear followers and other TradingView users!
I would like to point out one technically good reversal point (bullish) and one confirmation needed the bearish point!
Bullish Reversal point consist (green box $7630-$7750):
1. 24.07 we had a breakout from the main trendline almost the last down trendline which was pretty significant and now we start to go and ...
COINBASE:BTCUSD Chart shows weaker and shorter bounces after peak in Dec '17. Combined with fading volume and low volatility leads me to believe we could see more downward movement. However, I am currently sitting flat and waiting for a better long entry as r/r for a short is not ideal at this level.
^ Here on ...
Jumping to 7800 is resistance
RSI below 50.. fib retracement resistance..
bollinger bands are conveying sell signals...
what you think comment below...
I think that the chart is describing its next step..
BTC 15 min chart gives us again mixed signs and mixed price action patterns. At the moment we are in "Rising Wedge" continuation pattern (down). Above we have a very strong area where we'd need a strong bullish candle to push through. However there is a problem - we lack buyers. If some whales decide to push BTC price up, only then we could break through that ...
As you can see above, the small rising experiments in the big falling channel fail and come back. In this case, the decline will continue.
***This information is not a recommendation to buy or sell. It is to be used for educational purposes only.***
I'm sorry for the impaired expression..Just watch the chart, not what I write. :)
PS make sure you give me a like, ...
When the price was on the hill, I mentioned in the graphs that price will falling to (6.5K usd) with graphics.
Price is 7.2K usd now. I think price will continue to fall. I draw red lines for supports at the bottom. However, these supports just constitute reactions. BTCUSD will continue to fall.
***This information is not a recommendation to buy or sell. It is ...
Same LOG theory with additional indicators. All explained on graph.