Reversal Bullish Divergence on BTC New Target => $11380 !!!! Super excited !!
So we are still bearish and it looks like we're going to test top resistence once again and if we dont break we are heading down to support line at 11.6k
After massive market crash and sell off, BTC has bounced from falling wedge bottom support (The wick of candle) and it closed over FIBO 61.8. It has huge potential to bounce from this area, also the volume has slightly increased and it is a good sign. There are 2 possible ways of btc moving, if the resistance line will not be break outed the down trend will be...
After the dip in the BTC USD market last week we can see quite a nice little bull run developing in the market. We could be facing a breakout or another selloff on the market here. A lot of new traders might get the urge to fomo into the market here, but lets have a closer look. Short term speaking the momentum is clearly with the bulls however we are hitting...
Hello Traders! Notice you, that near future BTCUSD has minimum 4 variants of possible priceaction. Correction phase, is not over & still in power! Plse, be care youself! PT's choice - "Short term target": 15000$. "Middle term targets": 19000$ - 20000$; "Long term targets": 27000$, 30000$, 40000$. Subscribe to "Powerful Traders"! Everyday, nine Tengri's...
See a BTC engulfing Cloud Cover ont he 2hr chart. Means the Bears have quit running and reversal is coming. Target is still the same ( purple arrow on right)
We are very close to the significant RSI level 30 on the Daily. This has been THE spot to get in in the past corrections.
RSI, MACD and the price indicate that Bitcoin is turning Bullish and can reach a new all-time high soon.
As a cryptocurrency investor, one of the most frequently asked question is "(when) Should I buy bitcoin?". For me, the answer is always YES and NOW. However, for a deep understanding and analysis of the market, we should strive to find a better entry point with the information provided by the market. After a long and suffering price dropping accompanied with so...
Growth on unallocated purchases. TP: 15285. Large infusions of purchases with a small level of distribution are likely to lead to growth above the support level: 14186. The levels are built automatically using the x-lines indicator. You can add it to your favorites. It's on my list of scripts.
BTCUSD just made new Wave highs last week and retested 16.500€ Key Level, I see it break this one next week and after a 61% Retrace of previous week price action we also got good Entry"s for a long here. Entry: 14600 $ Sl: 12800 $ Tp: 17100 $ Trade with care and have a good one, I am always happy about feedbacks or comments.
I am new to TA, but I am a crypto investor since 2015. I know sounds weird, why somebody should put money crypto without going deep in TA? Well because 95% of the crypto investor don't give a fuck to TA, so, for this reason, I do not believe in TA other than Fibonacci levels for entry and exits other than that this market is totally out of control. When you deal...
So far BTC is slowly working its way through my resistance zone. Hopefully, we get another push higher here and it can break out of resistance. IMO this is the strongest area of resistance if BTC can break through and push above $18,000 there will be much less resistance up to $20,000.
IMO BTC will face a big test through the next $1500 rise in price. It looks to me like there is significant resistance from about the $16,000 area up through the $17,500 area. I believe if BTC can push above $17,500 and even clear $18,000 it will have built enough momentum to return to $20,000 in short order. I would also really like to see the volume building as...
Hello Traders! Happy New Year! BTC close targets: 19000$ - 20000$; BTC Global Targets: 27000$, 30000$, 40000$. Best regards, the team Traders "Powerful Traders".
BTC over the last 24 hours has been moving higher but has a lot more work to do before I will be convinced that the worst of this pullback is over. Below are the steps I feel are necessary for BTC to continue higher. 1) I would like to see BTC clear the most recent high at $15131, it will have to overcome resistance in the $15,000 area first. 2) Next, BTC will...
This is a daily bitcoin chart. It looks like we are in a consolidation period, and looks like it may be ready to continue its upward ascent. The purple trend line is a sub trend of the black main trend line. Not much analysis on this one, just wanted to share my trend lines and fib levels. Cheers and happy trading