CRYPTOCAP:BTC #BTC testing $66,961, previous 1D close looks super good. RSI on 1D and 4H looks good, current 4H looks to be forming bullish engulfing, strong support at $66,961 needed to test $68,546. $65,789 current key support, $68,546 key resistance. Continue watching given S/R
CRYPTOCAP:BTC #BTC $66,961 support in effect and testing, $68,546 resisting here, previous 1D close looks good, $66,323 key support here, $69,296 support required to test $71,379-$71,981. Currently forming bearish engulfing on 1D, if bearish engulfing played out expect $66,323 test.
CRYPTOCAP:BTC #BTC $63,544 testing, Beautiful push above $60,629 with a test, Current 4H looking bearish, RSI on 4H in overbought region while 1D looking good, support above $63,544-$64,344 will allow test of $66,323, $61,953 current support yet to be tested, watch given S/R
- The strategy is simple : --------------------------------------------- - Buy when TOP. - Sell when BOTTOM. 😂 --------------------------------------------- - Hope u got the Joke. --------------------------------------------- - Everything is in graph. - No matter how dip TheKing will go, don't be greedy. - When they speak Bitcoin is Dead. the bottom is near. -...
CRYPTOCAP:BTC #BTC following up on previous 4H bullish close on current 4H, $59,788 testing, some resistance at $58,882 is also expected, RSI on 1D and 4H looks good, must gain support from $58,882 or it will retrace back to $56,557 test, $60,629 next key resistance, watch given S/R
CRYPTOCAP:BTC #BTC $58,290 support in effect, next key support at $56,557 which was last tested on May 01, RSI on 4H in oversold region, approaching oversold region on 1D time-frame too. Second follow up today on bearish engulfing from Tuesday, must hold $56,557 support area to avoid $55,393 support test. $59,788 initial resistance from here, then $60,629-$61,674.
At the architecture faculty, I was taught that if it looks ugly in a project, then it won’t work. So this is another clear example of how events can unfold in the future. Given the exponential trend, we can assume that without the current stop Bitcoin price would have already reached $150k. But since this hasn't happened yet, the start of the swift rise period is...
CRYPTOCAP:BTC #BTC Testing $60,629 support, bearish engulfing forming on current 4H, RSI on 4H weakening and not looking good on 1D, $58,882 key support here which remains at risk, next key support at $56,557. $61,953 current resistance. Watch given S/R
Yesterday's inactivity of sellers in the $64500 range gave a chance for a local wave of growth for bitcoin and the entire cryptocurrency market. ⚡️ In our previous idea , we wrote about the failure rate of the $64500 range: 💥 On the 12-hour timeframe, sellers failed to break through the 64500 range for 5 candles. And growth after such a failure should...
CRYPTOCAP:BTC #BTC $64,344 given key support came in effect as expected 😎! Currently testing $65,521 support, RSI on 4H looks fine while improving on 1D, still look unsteady here. it could test for $66,323 by weekend if continues to improve on 1D. $64,344-$64,062 remains current support area. $63,544 next support from here. watch given S/R
CRYPTOCAP:BTC #BTC Broke below $66,323 key support as expected, currently testing $65,073-$65,521 area. RSi on 1D dropping, $64,344 next key support from here to watch as of now, Previous daily close showed some strength, $68,546 support much needed. Watch Given S/R
CRYPTOCAP:BTC back on $66,323 support currently testing it, Previous 1D closed with bearish engulfing if followed thru it might break $66,323 support, next key support $64,344, next support from here $65,521. RSI on 1D looks weak. Watch the support areas, must regain $68,546 support to retest $69,813. Watch given S/R
CRYPTOCAP:BTC #BTC broke below $68,546 support down to $66,323 support which tested and held on last dip, $67,716 being tested as of now, RSI on 4H and 1D getting better, $68,546 support to be regained to reattempt at $71,379-$72,162 resistance area. Watch given s/r
CRYPTOCAP:BTC #BTC $69,813 resisting, very weak volume on 1D over the weekend, RSI looking weak on 1D and 4H, $68,546 current support, $72,162 resisted on previous climb, Continue Watching given S/R
CRYPTOCAP:BTC #BTC WOW!!! Look at that, already testing given resistance range $70,766-$71,379. Gaining support here would bring $73,523 test on the table, RSI on 4H is hyped up but 1D looks good, Time to see if it can gain a support of $71,379. Watch given S/R
Keep that in mind : - More we go Down. - More the next bullrun will go High. - Fibonacci Law Rule. - Happy thanksgiving to everyone! 🐔
CRYPTOCAP:BTC #BTC Back on $68,546 support after testing $66,961 support, Previous 1D closed weak, $69,813 resisting currently, RSI on 1D and 4H looking good, needs to break above $70,766-$71,379 resistance area, continue watching S/R
On the first day of June, the SETUP used indicates a corrective bearish pivot on the long-term chart. Will we have a correction later on, so that the cryptocurrency finally breaks free and reaches new peaks? When we analyze the impressive rise that the cryptocurrency has had in the last 16 months and trace just one Fibonacci retracement, we will see that the 50%...