This is the exact scenario that played out in july. And i'm pretty sure this fractal will play out again.
Hello guys, in this analysis we see a bear signal that Bitcoin want to drop the price again the So, the previously candlestick is a big red candlestick, that mean a bearish candlestick that Bitcoin show, so, you can to entry in short position between the $11,480 and $11,520. I entry in short position in the $11,487. In that case, we see the same situation a...
Bitcoin show a weakness of the price later of the rejection above of $!2,000 USD, then, I will take a short position at $11,532 USD, so guys, the time to put in short position is ahead, you can to put it. In Daily we see a drop!!! This is an scenario to take in noticed a possible re-accumulation and opportunity to buy cryptos.
Expecting to retrace back to trend break-out level. Then continue upward.
Flags green are the TP levels. P.s. Hope this does not work, otherwise damages the alts
For the past couple days we played with the idea of a false breakdown of the ascending Triangle. The price turned more bearish the more days went on. Bitcoin seems to be bullish for one period where the price bounced off of the 21 daily ema. The day still has not closed yet but the ema seems to be clearly broken at this point. Why the question "2 more days of...
Bitcoin Analysis - 25 August
Bitcoin will go and test the 0.5 fib retracement and there is also daily bearish divergence. After reversing at the 0.5 retracement it will continue on to support where it then will go bullish.
If you like my TA or other ideas, please leave a like to show support. It helps me out a lot ------------------------------------------------------------------- Corrective wave has been completed Ready for impulsive wave 2 and that moonshot
Let's face it... we've seen worse. We've seen Bitcoin price drop 30%, 40%, and 50% at times. Right now price is testing the local high from July, a very significant resistance level. At this point your guess is as good as ours. We're not here with crystal balls. We're here to manage risk and be right more often than wrong. Now may be a good time to tighten...
Bitcoin is programmed for $9.8k next before any meaningful upside. Do with this as you please, but the chart says is all loud and clear. //dumpet.setup://.exit.exe - PennyBags
We also dont have any confirmation if put in short or long, the possibilities more higher is that we could see a short movement to complete the Elliot Wave # E, becausethe we see that this candlestick of indecision is could be a change of price action and thing. So guys, we need to check out in the next 4 hours to put in short in that zone ane we need to stay if...
In last 2 years there were rare chances to sell bitcoin above 10 000. It was possibly only for 50 days - less than 2 Months. August and September would be he last chance to sell above 10 000, next most possibly in one year.
So, as mentioned in my lastest updated night, the possibility that Bitcoin starting to down are higher, so, we need to hope an entry in short, I will going to updated and send signal of bearish movement in H1 timeframe or if Bitcoin is leading to making a pull back. I knowd that
The bears may be back for #BTC. From the 15min Time-frame I spotted a possible Double Top formation. Bitcoin failed the test of 61.8% Fibonacci Level. There has been an increase in Bearish Volume & pressure. Price touched Profit Level 1 as I was typing this. I'm expecting more bearish sentiments towards the 50% Fib level. My Stoploss is set above the 61%...
Here is the tight resistance zone for Bitcoin. However, momentum looks strong so we may see some deviations (or a breakout?) Disclaimer: Not a financial or investment advice Trade safe, Atilla