This is a bearish pattern and all indicators show clearly BTC price is losing momentum. First real support is the yellow dashed line. We're in for a little correction here, apparently 56k has a lot of sell orders to get filled.
BTC rejected from 48k now back to the 45k level, if btc stabilize on 45k level it will may touch 49k, 50level then dump on ratailors.
BTC need to flip 44k, its possible to touch MA200 and then back to 37k, if anyone want to short btc then 44800 is best with liquidation above 55k to avoid phantom wick.
BTC on daily timeframe rejected from fibonacci (0.65 i-e 52244) we may see that level once again and then there will be huge dump, RSI show Bearish Divergence on daily timeframe, volume is still in alarming situation. so be safe with your trade and don't forget SL.
BTC same rising wedge and bearish divergence, BTC repeat feb to april and huge dump is expected in coming week. BTC under 30k
In 1d Chart RSI show bearish divergence, volume continuously decreasing, MACD is also giving bearish divergence and BTC get rejection continuously from 49k and 50k region, BTC greed index is 72 which show Greed so final verdict is that be prepare for huge dump.
On 1D chart RSI showing bearish divergence, MACD is also showing downward moment now on 4h chart we are almost in completion of Elliott correction wave(wave B i-e will be complete around 50k) then dump will expect to 30k region.
Found another Head and Shoulders pattern on 4h this time! If we got a 4h close below the neckline i.e. around $47000, we can see the price at $46600 which is 100 Exponential Moving Average in 4h timeframe. I am expecting a price pullback from this level to retest the neckline of Heads and Shoulders. If the retest is done successfully, on breaking the previous...
Dumpage to 27k or 24k or 20k or sub below. Possible supports and resistance areas.
hey guys, be careful here bitcoin need to hold this level of support at any cost. so keep an eye on this support level otherwise we can go 32k zone again.
Bitcoin preparing for another dump.. as per my idea here is some support levels where bulls can hold #BTC from dump.
bitcoin supports are looks like very weak. can break any time so here i am looking some entry points for long term.
by analysing the 4h chart the btc/usd chart is moving toward the support of around 33k , then the price could bounce back and have some upward relief rally , but my concern is that if we break a level around 30k , our bull market is coming to an end . 30k level is very important to hold ......
Looooong..... to October 2021 Now I'm going to my crypto-vacation
As I expected Bitcoin touched and broke my first target 43000$ (published Idea on may 13th) then again moved toward my second target 39000$ (published Idea on may 17th). Now I'm going for to price area : 1- important resistance line around 30,000$ 2- paladin resistance around 19000$ Let's see
Bearish divergence in monthly time frame First target : 35k Second target : 22K