Remove the noise. I marked clean support for Bitcoin. We can see two support zone: 35.955/36919 first and 32.685/33.482 second. Both area around 1k USD. If we will touch the second area before touching 41k... Image the bloodbath ...👀
#BTC long-term possible scenarios. I bought the dip. Remember, corrections are opportunities for entry, not exit. Anyway, In my opinion, these prices will be like a dream in 2022. I don't know why people panic when it drops. Imagine it's a discount. Do you get disappointed when a shop offers you a discount? Would you not like to buy deeper to sell higher?
The current trend is upward ... but we see that the higher the price, the lower the volumes ... as well as the divergence of rsi and macd line indicate the weakening of the trend ... as well as the rising wedge pattern, which is a strong reversal pattern The price level of 40,000 or 42,000 seems to be a good support level ... If this level fails, the decline to...
Hello Traders
As you can see in the chart above, the price has formed an ascending channel.
Besides that, RSI is showing a huge BEARISH RSI Divergence on 4h.
in weekly, if you calculate the date of every fall on Bitcoin, you'll see the drop day is close. (Use Trendinfo)
most importantly, we are reaching ALL-TIME HIGH, which is enough reason for bearish...
Here we go. This is my thoughts. I am certainly more bear than bull right now. Overall the move has to retrace. The 10K target on the FIB from the daily if you are wondering. From approx 1st April. We need to retrace it...
ENJOY! CHECK OUT LINKS BELOW
12 h chart-btc has 2 bearish patterns, head and shoulders continuation and a rising wedge on the right shoulder with bearish divergence on stoch rsi, sell levels 6740/6800 and 6900/7000 targets 5200 and 4900 (couple of weeks )
Hello again friends :)
We did not reach the target 10400 on this attemption, right now I do not have a clue why btc falls so fast as it does. But I think it might have something about the coinbase news to do
It now looks like btc has fallen off its trend and now after my chart to follow between 2 different fiblevels, I have one that is around 9500 and one on...
Hi there Guys and Girls, me again :-)
Just thought I'd give you a quick update on my thoughts with regards to BTC for the next few hours, maybe days, although I don't anticipate it being a long-drawn out thing. As I'm writing this BTC is hovering at exactly the $9,000.00 mark and it seems the resistance line is keeping it in check right there. Couple that with a...
