Bitcoin price is lingering near the important and super strong resistance area of around 10.000. The latest breakout attempt was clearly rejected and the price has returned into the flag/triangle formation it was trading in. All of the above give us grounds to be expecting a pullback from the highs to retest the flag's support. The yellow area is the target...
#BTC (Update) Bitcoin Bulls Cleared the EAM100 (Resistance), Now Heading towards the Major Resistance..!! Expecting Breakout..!!
How about you? Are you long or short? Which side are we gonna break on with the halving that's coming up next?
This is a rehash of a chart I posted on April 4th. This time I changed the timeline from 1 day to 1 hour. You can see a bit more detail this way. The chart is very simple. All I'm looking at here is how the price action is moving within this descending wedge and analyzing how strong prior supports have been and their association with fib retracement levels. As you...
Its been a good postive year beginning for Bitcoin so far comparing last years market trend. Currently we are seeing Bitcoin in an upward movement with a good bullish trend. In the short run it seems it is having so many different outcomes. When we see the trend created in the past few days its an ascending triangle which is also a good bullish trend indication....
Long BTCUSD pair low leverage Red is Take Profit zones/resistance Green is Stop Loss zones/support Enter when buying volume comes in! Good luck!
The green boxes meant as targets and zones of interest that can slip to support, have not changed. I just have been going over some scenarios and with the confirmation of quite a few fibs this is a very real Long Scenario. It wont happen fast. There will be ups and downs in between we can discuss... but this is what is happening. We keep climbing. We will test...
falling wedge very similar to previous one had about 5 days to 7 days of accumulation at bottom before breakout, be patience
Apparently, according to all major time frames, Bitcoin desires to meet up with 70 HMA, on the 270 min, and 6H chart targeting ~$8,350. I expect for such zone to be used as a double top on Bitcoin. You can observe also that HMA is supporting BTC on 9H chart: HMA is steeply rising therefore it is of strong support, which is of great concern for bears.
Bitcoin is being Crazy from some time now. Here's some TA over Bitcoin after previous one's which i don't know how they gone right they just gone. Enjoy Benefits. So Bitcoin is being in a bit bearish trend if our luck is not good then maximum Bitcoin will drop 7542$ and if it will drop more then that then we have one more support level on 7310$. And if it will...