#Bitcoin_Update #4H After all it seems we are in a bullish scenario and the bears are currently seems to be losing it at all. Currently trying to reach and pass that 9475$ area and it did tried to reach there with only a $10 less price levels. Every single setup looking to be perfect for a breakout and a bull run for the short term. Indications: MACD : looking...
H&S creation seems to be building on the 4H chart. As we predicted the day before yesterday Bitcoin is on an Elliott correction wave and it is already showing at least a short term bearish behavior. Unless we see some miracle contented move by the bulls it seems its a must to test the support area between 58XX USD and 63XX USD. Note : Bearish trend not yet...
Dear TWA subscribers its been a while since our team posted technical analysis forecasts here in trading view. we are glad you are still here with us while we were not doing our telegram trading channel on an active basis. This is mainly because of the market behaviour we have seen in thw last few months in addition to the works we have been doing specially...
From its ATH at 20K to its recent low at around 5.8k area Bitcoin seems is creating a clear ascending triangle and it still will continue to consolidate inside the triangle. By this, since our likely forecast on bitcoin yesterday and is already going down searching for a stronger support. It seems it will touch the ground for the depicted traingle in the following...
Here you will see what needs to be watched to answer them questions floating around inside your head. Do I hold do I sell, do I hold my alts do I sell them, Whats next. Ok at the moment the bitcoin is holding on by a thread to the 200EMA, it's bouncing off this and going up to bang on the .618 FIB...... Who's going to win the fight, let's bring some clear...
Hi Traders, As you can see on BTC we have broke the main support the RSI displays loss of momentum and we are seeing huge sell offs. We have support at 9289 which is where the 200 day ema lies and the .786 FIB.... Will this catch us??? Depends on the market buys at the moment with loss of momentum no it won't..... the likelihood of hitting 6K is very...