Bitcoin, the leading cryptocurrency, has failed to hold above the $16,900 support level, which has now become a major resistance. While Ethereum, the second-most valuable cryptocurrency, has also breached a major support level of $1,240, extended by an upward channel.
Given this, BTC and ETH are likely to trade on the bearish side.
Major cryptocurrencies traded...
As I did imagine in the last idea about the 3D chart of BTC following the running contracting triangle for the long term.
In short term, BTC is going on nice moves at the moment but we still should be cautious around 47K.
It can be possible to make a small pull-back to 42-43K based on the volume profile range.
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☝🏻 The dominance of Bitcoin over the last 40 days has demonstrated a sideways-accumulation cycle that has not yet appeared in the graph. Despite the sideways structure, some BTC pairs were able to experience extreme up-trend movements and the overall atmosphere in the altcoins market was positive. The situation and sentiment have changed in the last 10 days and...
BTC Got Rejected 3 Times From 10000$ Strong Resistance Level & Broken Down From Bull Flag Support Level..But Its Managed To Get Back Above Bull Flag Support Level After Reached 9550$ Support Line..If It Stay Above 9700$ Support Level As Long As Possible Then We Should See A Bounce Towards 10k$ Level Again..But If It Fail Then There Is Weak Support At ...
#BTC Special Update!!!!
Don't Over Excited Guys..Be Careful With Your Longs.
24 July 2018 BTC Was Break Out From 1D Falling Wedge ..But Its Rejected From MA200 And After All It Was A Fake out..
Same Things Happened This Time BTC Breakout From Falling Wedge And Almost Reached The MA200 Resistance Which Is Locked At 9100$.
So For Now If BTC Manage To...
Hello Guys !!!
From Last Couple Of Weeks BTC Making Downtrend Moves.WE Saw It Reached New Yearly Bottom Somedays Ago.Then Its Pumped From 6500$ Level And Reached 7800$ Resistance Level..After That Its Again On A Downtrend Channel ..From Last 2 Weeks BTC Making Sideway Moves.Now Its Looks For Another Downtrend Move..Its Broken Down From Bearish Rising...
