Sell BTC/USD Entry 1 8680 Entry 2 8568 Sl 8900 Tp.1 8,180 Tp.2 7,775 Tp.3 7,520 Tp.4 7,186 BTC/USD’s ability to remain above the 7473.42 area will be closely scrutinised by traders intent on assessing the sustainability of the recent move, as this area represents the 23.6% retracement of the 10540.49 – 6526.00 range. Likewise, a move back above the 8059.54 area...
BTC has been on a solid downtrend over the past 6 months, ever since the top out just shy of the $14,000 level BTC has been creating lower highs and lower lows and looks to continue based on the technical analysis. In order for BTC to break the downside trend it has to break above the previous impulse start of the downtrend and hold it as support, which means...
This chart looks bearish, because it sure doesnt look bullish. There is very little bullish volume on the bounce with the lower support, there is very strong volume right after the bounce which is always a sign of a upcoming breakout, then we have some lower highs followed by lower lows, but it is respecting a Resistance coming from the previouse bounce, a lower...
Looking forward to playing this to the downside
if BTC/USD closes under $7187 we could possibly see a 17% drop to $6134 Sorry HODLRS
Btc is in another bearish rising wedge and also at resistance of bigger bullish falling wedge, which i doubt it will break, so im getting into another short
We are no longer in a bullish flag. Since the last post it has changed. This structure is showing these 2 road maps. If that impulse broke ABOVE 10,000 with a close on daily... then YES it would be a bullish flag...but it didn't! Wait for price to get to spike. then begin looking for your "patterns." You're welcome. Marked it with the eyes.
Hey traders, Bitcoin has retested the descending triangle pattern it formed the last couple of months. Bulls failed to push the price higher, and now price is consolidating. I have labeled an area of S/R where if bears can push price past this level, wait for the retrace to go short. In my previous analysis Bulls made a strong move off of S/R. However Bears...
ey guys, I think am going to use this page us my trading journal and put content whenever there’s something going on. Going back to the chart, it’s really boring here and we are still lacking clear signs of an upcoming movement. With that being said, I am still out of trades and wait for better signals. Some people say that BTC is bottoming – Well, maybe they...
Called Sell Pressure last Month or so, check Link to Related Ideas which I Published BTC Breached 9400 down to 8100 then to 7400 Could Bound back to 8700 in the short term, with a continue sell pressure, this week. However, Volume Weighted Moving Average (20) 8874.99 Sell for 1H Hull Moving Average (9) 8022.11 Sell for 15Min Worst case: 6700-5800 Don't be...
Looking for a pullback or consolidation in the current region on the 1 hr to take my buy set up. Reason: daily is green 4 hr is green as well. iam seeing alot of v formations so I kno the buyers and sellers have equal power and the market is getting ready to make a turn. we need to take out the 10500 10600 region to test up to 11k
Take a look at the charts for better direction. on the 4h chart we have lots of indecision happening. With one hour left on the closing of the candle, it can go both ways. There is hanging man fighting the bears for its life. This can go both ways, I am not shorting here just yet, however I see a high probability that we are going to zig zag down to my final...
hi my friend based on last analysis we are still on downward channeland for beginning the new bull cycle wee need to test the ma200 on daily time frame. before going down maybe bull try to break ma200 on 1hr time frame. Entry: 9700-10100 Target1: 8300-8600 Target2: 7400-7800 sl: 10800
Bitcoin is making lower low and lower high giving bearish signal for long but today Bitcoin has broken its major trend line support started early this year formed from 3K to 13K.. From my previous analysis, we can see Bitcoin is giving signal only for sell. Recently we had seen few pullback to $10,300 but price has been rejected and its acting as strong...
This one is less abstract and more self explanatory. Things get a little crazy when you involve Fib Circles and try to chart time and price The Color of the Text goes with the Color of the Support lines drawn. The lines are the "High/Low" of the range. The 9.4K bounce already happened, and we rejected from 11k. I'm about 75% sure we'll hit below 10k this...
Respect was shown to the previous Gann fan and the current one. Now that momentum has topped out, we have seemed to hit major points of resistance and we are bearish again.