Correction from two impulse down, after that next bull run. How Long Time? I don't know. Buy Limit - $3350.0 Take Profit - $4950.0 Stop Loss - $2750.0 --- 1 BTC: Risk = $600 Profit = $1600
A downward triangle is formed A high chance of falling into a stronger support area
Buy back BTC at 3700$ Sell to expected target : 4400$ by increasing gradually Stoploss point Stoploss : 3600$
Pretty self explanatory. Massive over head resistance from thick red line, however we are oversold on RSI and hit and bounced a bit from lower wick weekly trend line (thin bottom blue line). At this point I think highest probability is a decent bounce off this trend line to midway or if lucky slightly below the over head thick red line before continuing down to...
BTCUSD It is possible to see short squeeze for annual futures exportation
BLUE ARROW indicates the EXPECTED Time and Targets Level up Stoploss point gradually to maximize profit and reduce risk
BTCUSD Perhaps we will see a correctional movement from a double upside-down vertex
Currently showing reversal pattern from 1 day to 4 hours chart, We can see bullish divergence and reversal candlesticks patterns. Strong buy at $3700/$3800 level, some institutional money is getting into the market.
On the 14th of November, the price of Bitcoin has ended it's one month period of sideways movements and it has crossed the 20 days Moving Average, "officially" creating a bearish trend. Since then, the price had 8 "come back" attempts but all 8 were failed. For now, the RSI is 31 but it doesn't seem it has enough power to get at least even close to it's...
BTC/USD Formation inverted head and shoulders can help test resistance zone at 6500
After it was dropping since the 8th of November, the price has managed to break the 20 days Moving Average for the first time in 4 days and it seems to start a slight sideways movement for the short term. From the technical perspective the RSI has a neutral position, the Stochastic is indicating that the price may decrease while, according to the MACD, we can...
I hope you are filling your bags cause we about to moon! Finally had the drop down and out of the bearish ascending wedge. We could go lower, to 6310ish but none the less, this is our last stop until moo (albeit next stop is 7150).
As highlighted, we could be forming a bearish ascending broadening wedge here. If either of these scenarios play out, then then launch us to 71XXish as per the target of the diamond bottom reversal. They might not play out, however keeping my eye on these as a very real possibility.