LOOK FOR SHORT BTC NEAR 10900/ FOR TARGET 9050 WITH IN COUPLE OF WEEKS THANKS
Hi To All . My Vison IS Clear In The Chart . Target IS Around $9400 If You Agree Hit The Like Bottom And Support Me With Following. The Information Provided Is Not Trading Advice But An Informative Analysis Of The Price Movement.
I see two scenarios from here. Scenario One: Break-down the resistance and go up. Scenario Two: Break-down of the support and move down. Resistance level is 9950$. Support level $9450 At 1d timeframe the trend is growing. At 4h the timeframe trend is growing. On 1 hour sideways movement You can see that there are raising lows. There's a squeeze in the $9950...
Yesterday BTC managed to break the resistance around $7400. Over the past few weeks it has been fluctuating within a $6500-$7400 range. A similar range was observed between half November 2019 and January 2020. Following that situation we observed a month-and-a-half-long growth which enabled a 40% increase in BTC value (from $7500 to $10500). Taking into...
The support is holding, seemingly unaffected by the oil crash. The MACD is probably going to cross the 0, however the RSI still looks on the rise. An interesting thing to observe is that the current support is consistent to the one that BTC found at the end of 2019 and that supported it before the uptrend between January and February. I think that what we...
BTC value has managed to keep the support at $6800, could it be a sign for a following uptrend? After almost a week (10/05 - 15/04) of borderline fluctuations up and under the support, BTC seems to have be able to break out from that band. Taking into account RSI and MACD indexes' behaviours, there may be a signal predicting a bullish trend. If this was the...
It looks like the support is holding, as BTC's value has been fluctuating in the range $7000-$6600 over the past few days. Looking at both RSI and MACD indexes, it seems they are showing signs of stability and BTC may be setting up for further growth.
BTC has tested the support around $6800 and it looks like it was able to hold. Over the past two days, BTC value has been slightly fluctuating around the support without showing massive changes. It may be a settling period before further growth, or it could anticipate a decrease. Basing on the current market sentiment and on the observation of past trends and...
BTC managed to break the resistance, but how long will it last? If it continues to increase in value, or at least stabilize around its current value, it could mean that BTC has found a new support to undertake even greater growth. Otherwise, we may see further falls in value in the coming weeks. However, as the halving is approaching and current behavior is...
BTC USDT, Bearish Scenario. Without further manipulation, the scenario indicated by the triangles and historical supports would seem plausible.