Bitcoin Bulls are running out of time. Have a Look
check Bitcoin Downside Targets
We may buy bitcoin for 13000 Target. Check our Levels that we intend to buy
Bitcoin holds the key to crypto markets. Check the Key Trendline which holds the Key to "Complete Meltdown" vs beginning of a Rally to 13000 and 17000
Don't Miss Our Next Huge Winner... Text 'COINS' to '67076' to have our Trade Alerts Delivered Direct to your Cell Phone. (There is no charge. Msg&data rates may apply.) Members, Good afternoon! In our previous update we told our subscribers that Bitcoin | BTC/USDT was overbought and seriously overdue for a big pullback. We were 100% correct on our call to...
Welcome everyone, hope you all are doing well. Let's see a quick update on BTC. BTC might fall down soon if 9.2k level doesn't hold, it's a good possibility. It would be good if this levels hold up because it BTC falls then altcoins will take a good hit and might need closing out on some positions. Possible rebound levels can be 9k and 8.8k. *MACD is showing...
Price On April 17 BTC pushed off the 8000.0 resistance and started growing. Since Tuesday whole week went under the bullish pattern, breaking 8300.0 and 8500.0 resistance levels, which now considered as support. On Saturday BTCUSD tested 9000.0 resistance level, which now coincides with the 100-days EMA, but did not manage to break it and rolled back to the...
This is most likely short term Price Action for Bitcoin
BTC Updated Levels
Have a look at notorious Fakeout channel. Read the comments on the chart
BTC is playing a small Range & waiting for a breakout. 200 EMA and upslopping Trendline can provide an interim support around 7750 area which is moving upwards every hour. If we find support here we will bounce back to test the down slopping trendline. Only after a break above 8172, we will retest 8458 & attemot 8550 and onwards 8700-8913 Major Resistance Zone....
So BTC managed to hold 6500 area and 50 SMA for now. BTC managed to break downslopping trendline on upside. For now the Short term outlook is neutral with an upside potential to 8458, 8700, 8912, 9179 & ultimate target of 9300-9700 Area. On the Downside 7150, 7450 should offer Support. Only if we break outside out stated zone, we will see some action but for now...
BTC is holding broker Trendline Resistance at 8050 Area for now. BTC can pullback to 7555, 7450 & potentially to 7200 Area before bouncing towards 8450 Area with a possible extension to 8700-8950 before staging a pullback. 8450 Area should offer good fight. Bears may want to Target 5100 Area, on the other hands Bulls will try their hand at 9700 Area. Break of the...
BTC is trying to Break on the upside with SHORT Term indicators flattening out and selling pressure is easing. We are not out of the woods yet, but a SHORT Covering Relief Rally is on the cards if BTC Breaks & close above 7000 in 2 H1 candles. On the upside we have significant resistance around 7214-7315 Area in the form on 20 DMA, We may test 20 DMA area only to...
While BTC continues to be weaker against broad indicators, it did something in last few sessions which indicates, unless we breakdown sooner below 6450, we potentially may have a SHORT Term Bottom in place. And if so the SHORT Term Channel May Look Something like this. Odds are against BTC Bounce but the potential Channel Breakout on the topside tells there is a...
If i am a whale, i would try to f**k both bears & bulls. I wouldnt give them easy profits like how they are getting it right now. I would go to 7450 & potentially 7775 & attempt even 8100 Area before i begin the free fall to 4500 onwards to 3400 Area.
This is BTC H4 Zoom View for down side Scenario. This Scenario is relevant only if we close below 6450 in weekly candle
Bitcoin is holding 50 Weekly MA & Long Term Trendline. For now its hanging on thread & its just a matter of time before bulls give up. 6515 last Major significant support. 6000 Wont hold as Double bottom for long. It may offer a minor Support & small bounce only to give up the gains later. 4500 Area is first support followed by 3400 Area. If we flash crash to...