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Bitcoin showing intraday bearish signals, potential 20% drop
Hello friends -Due to the rang nature of Bitcoin, it can have a strong ascent or descent if it crosses its own channel. -If it rises, there is a strong resistance on the way to Bitcoin. -Please follow my support and like my posts. Thank you for your support see you later GOOD LUCKY
What's going on everyone!?! I would like to start off by thanking everyone for the support and also if you check out my most recent chart published "Falling wedge incoming SHORT liquidation run" you will see that it is playing out perfectly. It looks like that was our correction down to 8250's and a bounce to 8640's is next. I remain long and in profit. The...
After analyzing this pair I believe it is a short! Share your thoughts!
The price is / already has crossed below the red 2/1 on lower t.f's and is BEARISH on lower t.f's. On higher T.F's it is approaching this red 2/1. I am now at my computer so I have had a chance to make my Gann Fan precise. HERE IS THE WARNING: Once the price reaches near the 7100-7050 range, which is the 3hr red 2/1 Gann fan line, it can put in a nasty bounce...
Currently remaining neutral while expecting a big enough move in either direction to either retest the triangle resistance around $9,000, or continue moving downwards towards the bear channel support around $7,500, likely followed by a bear flag breakdown to $6,500. Bitcoin notably got rejected by the 200 Day MA on yesterdays closing candle with current support...
Current situation is clear enough : BTC moves in an upward channel. The next impulse can be caused by any exit from this channel. We already have two touches of resistance and two touches of support. Meanwhile, there is the most important resistance level at $10500, where we usually see strong sell pressure . In fact, the rollback of the upward movement...
Make sure to like and follow Thanks, LiquidMEX DISCLAIMER:!!!This is not to be considered financial advice is my personal opinion, always do your own research before entering or exiting trades as i will not be held liable for any of your trades!!!
The Headline is a bit misleading, but the point I'm making here is super important. I do this to help you, because I witness all the time how Whales and Smart Money keep stealing your Money. And if you are not aware of these things you are the small fish in the market, which keep getting eaten by the big fish. This is a Follow Up on in series: Understand How the...
Hey, what's good homies! I feel like its been weeks since I posted, but I finally got it done. In my previous article, I did say I have a big article coming up, and this is it. This post in particular has many things to cover, so let's get started! Let's quickly summarise some key points throughout this post: - Ascending triangle - 6k support is now a 6k...
Make sure to LIKE and FOLLOW Thanks, LiquidMEX DISCLAIMER:!!!This is not to be considered financial advice is my personal opinion, always do your own research before entering or exiting trades as i will not be held liable for any of your trades!!!
The BTC price is currently in a rising wedge with the RSI trying to break its trend. I am waiting for pull back below $5K before adding to my long position. How much lower? Mid $4Ks. Fibs at 50%, 61.8%, 78.6% not shown on this chart. If we rocket higher from here no worries, I already have my long position. If we go lower no worries I'll just add to it. I'm...
Same chart as yesterday but the bulls have taken a step forward. We still see bears defending resistance and pushing the price down hard as we reach key levels. The daily uptrend remains intact, so the bulls remain in short term favor. A break of $4,037 will have us looking at the potential for a weekly resistance break and trend change. LTC and ETH have faded...
Hi Guys! The time is tough. We know that. We all struggle with negative emotions . We have to withstand that. The good time is about to come. SOON . When the global crisis comes we expect an influx of the money into the crypto market . Check out our comparison SP500 dip and money influx into BTC . It was the same when the banking crisis on Cyprus ...
Hi, my dear friends. Just to remind you. I am working as an accountant . I like numbers and analysis . My hobby is music, concerts, kite surfing, and new technologies . I am an ordinary guy . I have learned technical analysis from my colleagues on trading view , from multiple courses and books . Within a year I was pretty good at this . Here is...