Bitcoin is a a pivotal price point at the moment if we break down out of the trend we could see a sustained downward trend heading out to September time. On the other hand if we bounce off the bottom trend line here we could quite easy head off to the 12k+ range in a very short time. Below are the 2 scenarios that we are watching for it should become very clear...
definitely thinking down a bit here... where too is the question. 2 levels i think... first i think it might plow down through it at, around 9k. although it already took a fairly nice bounce lower, the indis i have for the strat are definitely starting to show some signs of bearish moves coming second is back down to around 8-8.2k, which, i personally see as being...
so after a nice run up here, the algo that i use is pointing to some strong resisitance at the 10.5k marker. With the usual behaviour and sentiment around 10k of dumb money movement, we can expect (as per usual) some potential manipulations, with lower time frames showing a few almost significant pump and dumps too.. Long vs Short positions still lie in favour or...
BTC is choppy choppy Probably a retest of the 9.8k is likely to happen
Greetings, colleagues! Two charts above dropped to understand that the situation looks pretty strong on the monthly and weekly TF now. Therefore, taking into account the continuing USDT print, there is no reason to panic at all. The whole beauty of the USDT seal is that you can not let them on the notorious paper futures, the trading volume of which is...
8750 is going to be the level to hold, with monthly support here, if we can hold this for the close of weekly tonight, things could be looking good! Next level of support is around 8200, for weekly support. either way if we can remain above these two levels, i will remain bullish in the long term. That doesnt mean to say a break below 8200 will be "bad" for...
i think no down again and we will do a triangle and go heigher in 5 wave
long to 9198 -9248-9300 donot wait for 9300 we might cannot done because we have resistance
now correction the wave 1 to 8790 and from 8790 for in 3rd wave in 9050 at last see the febo. lines
go in 5wave in up trend and then correction to up again the 5wave will be at last in 1.272 fibo. in 8920 and the 5wave can end now and be a cutting 5 wave
looking at my indicators i have a good feeling bitcoin could really push through this rally fairy soon. this is purely based on my opinion and algorithm. if you wish to discuss how i came to this analasys further feel free to get in touch :) the strategy i have been writing for 6 months, works across every time frame, throwing out 90% results and above, with a...
although we may see another leg up to the mid 9k's a retrace to at least 8.2k is pretty likely in my opinion. nothing to suggest we have broken out of the down trend of the last leg! The Trading Sargent "underdogtrading"
BINANCE/BTCUSDTPERP 7700$ BVOL (long term) : decreasing Vol 200 (long term) : increasing MA 30 (short term) : increasing MA 100 (mid term) : flat MA 200 (long term) : flat BVOL24H (short term) : decreasing BVOLUSDT (short term) : decreasing I don't advise people to buy & hold now if they missed the boat. The next pump could be hard and even fail.