#Bitcoin is in the first support range and buying in this area is a good step. This range lasts up to $ 36,650 . If $ 36,500 is broken, a head and shoulders pattern will be formed and up to $ 30,500 can be corrected. The $ 30,500 area is the second support area . If it breaks, we will have a drop of up to $ 20,000 , which is very unlikely .
Checking out our weekly Bitcoin chart we are still trailing to the downside but we actually had a bullish close on sunday, we managed to climb up and above the 49K mark where we had our weekly close, we have since fallen down below this level but thats not very crucial, we have another whole week to make progress moving back to the upside We just missed out on...
Technical Analysis: Bitcoin (Weekly chart UPDATE):- BTC closed around 46.6k and looks good to me on weekly. We might see a wick down to liquidate the remaining longs and push to the upside from there. Reclaiming the 50D MA is what BTC needs in the next candle close. btc make an ascending tringle and its playout very well, btc now down at lower support and try...
Hellooo...My Dragon Friends I see BTC will make some correction, with my pattern movement. closing weekly last give us sign, BTC will make some correction too. we can see Shooting star pattern. i make decision to sell it with SL at 67000. Lets See Happy Trading Smart Trading Money Management Risk Management Disclaimer On
Hellooo...my Dragon Friends my last week transaction already have profit. This week i see BTC have Bearish Divergence at RSI and stocastic. becarefull for deep correction down. Lets See Happy Trading Smart Trading Money Management Risk Management Disclaimer On Link retated
Technical Analysis: #Bitcoin(weekly closed) In weekly time frame, btc trade above the both MA's( 21 and 50) and did nice bounce from 21WMA and Bitcoin did really nice closed on weekly chart but need break downtrend on weekly basis as well as RSI at resistance now, so Do not let your emotions make you FOMO. Keep a hold, look at this chart again and again until you...
Hellooo...My Dragon Friends I see BTC already break the trend line, i going up. may be can create SHS pattern... Lets See Happy Trading Smart Trading Money Management Risk Management Disclaimer On
Hellooo...My Dragon Friends i see my BTC movement still follow my old direction. still going down, go to 36.XXX Lets See Happy Trading Smart Trading Money Management Risk Management Disclaimer On
BTC looks like following previous Price let see what's Next Only for Educational Purpose
BTC/USD Weekly Channel Since 2013 Do you think history repeats itself? If it happens again, 230k can be the top of weekly channel. * This is not a financial advice
BTCUSD pair has a spinning top candle weekly time frame. This could bring us a fair correction for the 5 green weeks.
Hellooo...My Dragon Friends All Movement at BTC is not sure, WHY??? BTC candle still movement at the support trendline, wait until break and will going down, and test another support again (at the orange square). break the orange square will going down more. Lets See Happy Trading Smart Trading Money Management Risk Management Disclaimer On
Taking a "zoom out" perspective here, mostly on the W and D charts. TL;DR = we should see approx ~35% dump on BTC over the next week or two. This is healthy and expected to continue this bullrun. Thats about $44k zone on BTC. All other coins will also dump, respective of their BTC-pair ratio (eg: the smaller the coin, the bigger the dump). EG: ETH I expect to...
still in a strong historical resistance zone on the weekly chart - break this and a move up to 14400 looks likely.
We are in 4 th wave of Weekly TF So we Should See 5th Wave and then Dump
Just a possible long-term setup I thought I could share. Up to date, any time you purchased at 200MA Weekly made you very rich over the next year and so on. Following the start of the bull phase, it's shown it is best to reaccumulate at the 21MA Weekly, still providing immense gains in the weeks ahead. Check out the chart from 2014 to 2017, which was also in a...
Now that we have a local higher high, I'm feeling bullish on Bitcoin. However, I know better than to FOMO in. There a couple things that indicate we may not be out of the woods yet. Zoom in closely to the areas I have circled in red and pay attention to the GREY 4 hour 10 MA represented on the weekly chart. I outlined 2 of them with blue triangles to highlight...