possible Bull flag forming on BTC as well as we might have a Three Drive Reversal (3 stop reversal) risking a long trade at around 7400
#BTCUSD Update: #BTC finally Breakout upward with high Volume and hit our Upper Target $7800. we can expect Next Leg up toward $8800. If we break $7750 Resistance then we can go $8800 as well as $9550. $7750 is long term Strong Resistance level. Support: $7350/$7150/$6750 Resistance: $8035/$8800/$9550 $7150 is last Support for Bull Market. If breakdown then we...
BTC Neutral/bullish daily close. But still at an area of resistance; there could be a dip. s/r flip Longing: 7190-7200 Target: 7380 S/L: 7114 Risking 1.5%
Hello guys Whats up ? What are you doing with market ? I hope that all of you took profit from last jump We think we are ready to do some rest with market It can be happen to this area on chart Dont forget STOP LOSS ( SL ) Good Luck
EXPECTING THAT THIS ARE THE BEST MOMENT TO HOLD BTC FOR LONG TERM. its only waiting for the next whale , so btc will increase to 8.3K + We see a very strong btc, that stable at the trend waiting for more volume, and yes i expecting that volume will come.. and bitcoin will increase to high trend. --> i still follow the whale effect, MX trend 750 , what means it...
The count speaks for itself, the support levels we ran into are clear as well. I told you where to long the last drop already before it happened in my previous idea. Let's go over it one more time and let's not get ahead of ourselves in this market full of fear . I already told all of you to long Fibonacci support levels when we were going down . If you did so,...
BTCUSD i see BTC 2800 after 28 days
Hello dear readers, Multiple signs in the BTC chart is pointing to another $500 upward movement from here. 1) Buyers wiped out in the $3.6k flash crash 2) New buyers are still scared and not confident to jump in and will miss most of the rally. 3) Money flow has bullish divergences- indicating money is coming back into the system. 4) RSI is trending up 5)...
BTC looks bullish in the short term but the big picture screams a correction Possible SFP breaking the 7500 level where all the stop loss and liqudiations are placed. Good risk reward from here!
The double top pattern is formed on the 1-day timeframe. At this time, the formation has not yet been confirmed. Conservatively enter the short only after its confirmation, that is, after breaking the support level of 6600-6700$.
Everything on the chart! #StaySafe #StayHome
Hi everyone, Back with another view of the BITMEX:XBTUSD contract on Bitmex. Let's start with the daily which is looking like it's about to go trending after 7 days of range motion between $6750 and $7300 , we might have a zero candle (that doesn't say much about the market) which might shake off some early shorters or buyers. We are also squeezed between the...
Momentum is gone, this is the end. Top can't be broken.
This pattern we are seeing with prices below EMA10 can easily produce more red. We would have to see a break above EMA50 ($6976) in order to gain some bullish confidence... For now, the bears are gaining control. This is just a friendly reminder. Namaste.