Bitcoin has tested the resistance range at $9500. He could find support at $9000 and tested the $9500 again. Reasons: - Resistance Level 9500 - Support Level 9000 - Support Level 8800
In 30 minutes we will be exactly 100 days from the 2020 Bitcoin halving. This chart is for tracking purposes only.
Dear friends, If you are reading my forecasts for the first time, then first read the next section to understand how to work with this article. If you are already familiar with my work, feel free to skip the section “How to read my analysis” How to read my analysis. My analysis consists of modelling the candles of the current period on a monthly, weekly and...
Hi All, Just an observation. If you pay close attention to the recent patterns, they are all some sort of ascending triangle patterns. > They are in an upward wedge pattern and also in a channel. > I have macro upward bound wedge divided into 2 channels, if it breaks the upper channel then it will likely be supported here, on the bottom trend line, like the...
Stayed in the descending wedge longer than anticipated. Local low established at 6425, near resistance now, looking for 8862 as the first target on the break of the 1/1. Likely hard resistance at the .382 fib (from Dec 2018 low) and white .5 fib (from 2012 low). Current monthly vwap leading the prior month ( subject to change before close of current month ).
BTC Daily Analysis -Short term still bearish short $6850-$6650 -For long position wait for break $7500, and take profit at last resistance - Long term waiting for break up the descending channel -For long term run, we recommend to have DCA order at: 1. $6600 2. $5800
Last night we broke out of the short term downtrend line and now still going up with support of the short term up trend line from decemeber 4 as talked about yesterday, will link yesterdays below. Now it gets me wondering if yesterday played any significant or we still gonna go lower. Bearish look we are still in a long term downtrend channel, yet bullish we are...
More clues as to BTCUSD's ultra bearish case of 1300.
Gold falling. Next stop for it below 1420 and 1366. Don't catch it higher. First zone bounce will be bullish. Going lower won't brake the trend, but put it under question. Targets for each bounce are SR zones above it. P.S. Tunis are the first ones to issue central bank digital currency. China is probably next. What will be the demand for gold, after much more...
Bitcoin is most likely to continue moving lower. How far, it is very hard to tell, but there is massive support which can be seen on the chart. Seems like an interesting buy area around $5800
Been in a ginormous range for a good while. Had a breakout from a small wedge within it, but that doesn't guarantee we're out of the woods yet. So enjoy the range trading for now. And yes, I did put bear tps in case the consolidation breakout heads south. BULL TPS: 8514.90 8818.06 when break out of the range... 9085.48 9494.51 BEAR TPS: 8222.74 ...
BNB failed to get above 230 resistance. Spent 4 days trying to breakout but got rejected in the end. Now at 219-220 support. Will either bounce within nearest day of fall down to 213 - 210 - 207 support zones. Bounce at each supports bullish trend continuation. Going lower will cancel all the past achievements.
In this chart I am showing a key level based on Fibonacci for ONT/BTC Very soon we'll find out the direction of a strong trend. Let me know what you think.
Based on Elliot Wave Analysis, we could be in the 2-3 cycle which should break through more than just 100 day EMA. This is a bullish vision for ETHBTC which seems likelier than a bearish vision.
If 9680 breaks we're looking at trend line support anywhere from 9000-9500 Resistances indicated w/ magenta lines. Those were determined by the 12hr ichiomoku indicator, and basic price actions analysis. If we seee 9680 break there's no telling what the bottom is, we could easily see price action in the 8k's w/ 5K's as my bottom. The upside to bitcoin long...
While everyone else has been posting about moons and rockets. I have been keeping it real. For that, you're welcome. Once we close below this trend line, which seems almost inevitable at this point. We will head lower. I believe I warned everyone about this move multiple times. -Sherem
Head shoulders pattern. Sees the whole market be careful put stop-loss Preloading the level with a blue dotted line noted. Graphic analysis says up. Indicators show that down.