Not so much a call but an observation. I feel we are going back to that box again. Not 100% confident on calling it a short just yet though. So let's just wait and see. If you have been short from higher positions you should be comfortable and in nice profit with stoploss locked in.
Bitcoin was able to post an important up move that generated the first higher high in a small timeframe in a while. Bitcoin still has a long way to go and some obstacles to overcome in multiple timeframes for us to say that we are headed up. Let's go over the battles that BTC must fight. First, A while back on Aug 22, I showed you that when price crosses down...
So the difficult thing about trading is trying to figure out the timing of your entry and exit. Is price low enough right now? will it go lower? The best thing to do is to learn to interpret the charts. To get the right clue you must find the timeframe and moving average where the battle is happening. In this case, the battle is in the 12H (12-hour timeframe) with...
Bitcoin Found Support and Balancing For A Gain. Volume MA Is Healthy And Expect Price Increase.
Bitcoin seems to be looking slightly bullish at the moment but its never safe to catch a falling knife. Strong confirmations are good to know if its a real trend or a bull/bear trap. In this situation, Bitcoin seems to be forming an Inverse Head & Shoulders with target leading up to price levels of $5600. This target has strong correspondence to a relevant and...
Brought to you by CryptoSignals.Trade Quick update on the Bitcoin market vs the US Dollar, after resistance broke yesterday, the bulls pushed the prices up to $6940, before the bears answered with some selling to do. Correction in the market here is quite possible as we are facing our next resistance zone, which is $7000 – $7200. Lets take a look at the BTCUSD...