BTCUSDT is now at support, we are also still in a downtrend and volume has also steadily fallen.
We are probably going to range for a few more hours before any other serious move.
It could potentially be another build up against support before we push down to the lower part of the range.
But could also be a consolidation...
Right now, we just need to be...
BTCUSDT has had quite a bearish move down in the past 4 days.
Right now we are at a mid range support (35K) and holding up in the ichimoku cloud.
Volume is quite low, if buying pressure could enter at this point a possible PUMP could not be discarded.
This could also be a false breakdown of the build up against resistance, if we get back against resistance...
BTCUSDT is rather bearish now:
The last 4 days in the red (4 is also a very bad luck number in asian cultures, as it sounds similar to DEATH
Below the 180 EMA
After a very strong downtrend
Below the Ichimoku Cloud
With several strong resistances above 40K, 45K, 50K
Considering all this, the general outlook is rather bearish.
But, currently we...
We have broken below the 180 EMA with quite some strength in the move.
Right now we are below the cloud and looking to continue heading down until we find some support.
Possible areas of support:
37.500
36.000
34.700
We need to wait and see how price reacts around those areas, right now we seem to be holding 37.500 but we might continue the downtrend....
BTCUSD - Intraday - We look to Sell at 38988 (stop at 40020)
Broken out of the triangle formation to the downside.
Pivot resistance is at 39490.
Daily signals are mildly bearish.
We look for a temporary move higher.
Preferred trade is to sell into rallies.
The trend of lower highs is located at 39000.
Our profit targets will be 36363 and 35300...
BTCUSDT has failed to close above 40K and break out of this range. (41K to 31K).
Volume is also going down, signifying a lack of the necessary build-up to breakout.
It seems we are going to continue ranging for a while, with more consolidation in the middle to lower part of the range for now.
BTCUSDT tried again to break above 40K but it appears in the grim bearness of the near future there are only sellers.
Although BTCUSDT has slowly crept up from the lows of this range, we need a strong break with volume if we are to leave it below.
Right now It seems more likely we will start a new downtrend and break below the trendline pushing us down into the...
Dear followers of this transaction is against the trend, risk management must be observed.
finglish:dostan moamele khalaf ravand har etefaghi ehtemal dare ragham bokhore lotfan modiriyat sarmaye hatman raayat gardad.
blue area is so important.if the price break these supports lines ,it will touch 30000 again,but if the price line return from support lines we will see the fifth wave😉.like please.
BTCUSD - Intraday - We look to Sell at 39584 (stop at 40505)
Daily signals are mildly bearish.
Trend line resistance is located at 39600.
Broken out of the triangle formation to the downside.
We look for losses to be extended today.
Our profit targets will be 36848 and 35848
Resistance: 39800 / 40500 / 41000
Support: 38800 / 38000 / 36800
we were so scared that we started collecting it early.
It does not touch us 20 thousand even if it comes to 10 thousand, even if it comes to 3 thousand, 1 thousand dollars does not touch it. just don't close.
Not investment advice, you could lose all your money.
Don't forget to set the stop-loss and Tp points.
The more we get scared, the more we want to...
Hey Guys
*Quick disclaimer this is not financial advice, I am an amateur investor and any decisions should be based on your own research and not my speculations.
Bitcoin had been travelling in a downward parallel channel before breaking with strength to the upside. We then have points of support and resistance indicating an upward parallel channel.
We have...
end of the wave 5=end of the wave B.end of the wave 5=45000-46000.end of the wave c is 25000dollar
and 27000 dollar=fib0.38.thats not important for us we are wolves.like please.see related ideas.
