In my last post , I made the case of Bitcoin going to 21k. In this analysis, I want to question that theory.
TLDR: I am questiong my last analyses of Bitcoin going to 21k, based on the current price action.
After the breakout of the support/resistance zone, I was certain 21k was confirmed. However, the next day, an engulfing bullish candle was formed. This...
Bitcoin MARKET UPDATE
Bitcoin support levels - $16,600 and $16,300 strong Support
Bitcoin resistance - $17,000 and $17500 strong resistance
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Analysis -
BTC Support is at $16,600 and next Support is at $16,300. Resistance is at $17,000 and next resistance is at $17,500. Trade carefully and manage your risk according to mentioned support...
Bitcoin MARKET UPDATE
Bitcoin support levels $16,200 and $14,200 strong Support (buyers available at this position).
Bitcoin resistance - $17,500 and $18,600 strong resistance (sellers available at this position).
Market depends upon Bitcoin movement so we updated you about Bitcoin now trade with Risk management accordingly to this bitcoin update....
Bitcoin MARKET UPDATE BY
Bitcoin support levels $17,150 and $17,800 strong Support (buyers available at this position)
Bitcoin resistance - $18,600 and $19,600 strong resistance (sellers available at this position).
Crypto market depends upon Bitcoin movement I updated you about Bitcoin so trade with risk management.
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Analysis -
Bitcoin...
Bitcoin MARKET UPDATE
Bitcoin support levels - 19500$ and 19000$ strong Support
(Buyers available at this position )
Bitcoin resistance - 20000$ and 20500$ strong resistance
(Sellers available at this position )
Market depends upon Bitcoin movement so trade with risk management. We updated you about Bitcoin movement.
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Analysis -
BTC...
Looking at this 4hr chart it looks like Bitcoin is parabolic. The measured move of the break out of the larger bullish pennant and the more recent bull flag gives us a bullish target of almost $62,000.
Here it is on a daily chart.
My whiskers are telling me to look out for a blow off top. This could be a set up for an epic shark tooth, so be more cautious...
Bitcoin (BTC/USD) has stayed relatively quiet ranging between $9000- $1000 for the past two weeks or so.
Looking at the technical analaysis of BTCUSD, we can see huge range of resistance between $10k -9k , for existing support levels , we see $9300, $9100 and areas around $8.8k.
Price rejecting $10k or below is a could sign for short term sells but if bull...
After a double top pattern creation in September, SWT was on a correction for sometime. It seems an upward reversal trend is in creation for now and is waiting for a breakout confirmation. If it is confirmed it can construct a 5 wave elliotts wave. RSI is at 57 and 50EMA is under the price. If volume can continue like this we might see a good short term profit....
Since its listing on Binance ZenCash has showed a fair performance recording its lowest at 2528 sats on the platform. If a double bottom is confirmed on the 1D chart we might see a good leg up trend move with a continuation of the 3rd elliott wave rally. RSI looking good at 48. Volume need to increase some move upwards. As it is described if the candle close above...
