Now We Are near at very Big Resistance at $11100.
If This will break then We can See New High of 2019.
And My Target will be $13900 and $17500.
If Rejected from this level then We can see $8500 and $7600.
So keep an eye on every updates.
And Follow My Twitter.
hi guys. BTC is showing bearishness at the point, little bounce towards 9800 to retest many moving averages. problem is the bearishness of alt coins, which indicate further panic sell.
now, the market is in the verge of bear market or not. this week, next week will probably give signal.
as you see btc formed h&s on...
BTCUD following our 1st Scenario.
According to this way we can expect some upward moment til $10000
after we can see again downtrend till $8000.
100 Day MA is Now working strong Resistance around $10000.
I think BTC drop within next 48 hours.
after this drop we can enter again bullish scenario and our Targets are New All Time High.
Not financial advice .
I still believe that BTC will go down before it will make another move up and here is why:
I know it looks like a strong support and I agree, but bears are dominating so far and it's just a matter of time until they take control.
As you can see the price is...
A large triangle continues to form in the wave (4) - (intermediate).
We revised the internal structure of the correction.
As before, we consider it relevant to purchase from the level of 9500-9100.
The target level of the senior wave (5)-(intermediate) is above 20,000.
At around 2 a.m. BTC bounced on lowest support triggering my stop losses.
Bought again at 9180 and fixed lower stop losses to allow higher trade margin.
Actual stop loss:
Stop - 9100
Limit - 9080
9240 (First resistance)
9315 (Possible take profit)
9515 (Possible take profit)
9800 (Target profit)
Short to midterm 3 hr chart.
Marked voids in volume and squared up the price history and "lookahead" to the built in Bonfire (BF) indicator. Notice the vertical lines marking probable price action pivots . I also spent a great deal of time finding common Bonfire and Gann points of interest. These trends were built on on said points of interest, intersections,...
After those "spoofing buy and sell walls by end of major holders in front of us is Bitcoin main resistance level (8000$), which is crucial and that will most likely be trend reversal point.
All the levels were eaten so to speak so far (despite we uptrend from 3156 to 8300 at peak on Binance) which is actually 263% without single " serious correction" now its the...
its a mess but its been a long time tracking everything, coming to the end of the bear pennat forming flattops and bottoms shs , meaning there is no more room to make a dollar just swing trade the patterns, bounce neckline retest at 5100 after we try smashing thru old support res and bull trapped at 6800 (very crucial area its the avge MEAN point of the entire...
BTC is tight on this wedge, I'm not sure whether things are going up or down right now, but there are two good levels of nominations for you: the two markers:
LONG: 10120 and stop loss: 10008, target the highest area is 11370.
SHORT: 11300-11370 and stop loss: 11600 target max is: 1300-10500.
to be more accurate about the price depends on the travel time of the...
When prices rose at the previous low, candles continued to climb through the 5d MA and 10d MA lines. It's a red circle. Recently, however, the candles broke through the 5d line in the beginning, but the 10d line remained unsealed. The reason is simple. This is because it belongs to a downward trend. If the atmosphere is not good, we may have to sell it at a price...
Party seems over in Bitcoin. Current support 9180 is so important to watch. Bitcoin is about to make a descending triangle pattern in a DAY time frame. Remember descending triangle pattern is a bearish Breakout pattern. I am waiting for my second trade this year on bitmex . Last was opened on 4100 long booked on 11000
At this point, one can see that there are a number of WEDGES that are part of the overall MACRO (Ascending Triangle? to be confirmed) formation.
As such, don't overstay your welcome with the recent, or 3rd Wedge formation as we have observed that people are prepared to go shorter than usual.
Close up on the current wedge, behaves within the fib levels...
BTCUSD Looking Bearish in Short Term.
Now Rejected From upper Trend line Resistance.
Now now Our Target will Be 9800$ and $9700.
Place bid if you shorted.
and Stop loss will be $10210.
miner Loss if Stop loss will hit.
And must read chart and learn and earn.
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