Bitcoin will soon fall to the $3200 again! There is an obvious bearflag in the BTC/USDT chart. Which is a sign for downfall. When the lower trendline breaks, it triggers panic sellers as the downtrend resumes another leg down. Just like the bull flag, the severity of the drop on the flagpole determines how strong the bear flag can be. I use the RSI as momentum...
We are approaching the end of this bearish 'looking' triangle (I say 'looking' because there is no certainty!). It looks to be a break to the downside as the bullish indicators have still not shown in full, just check out the trading volume for 1. The question is can we go lower than the all time low? And if so, what are we in for? Let's see and wait what happens!
Combination of correction-levels, Price Action and S/R.
We had an old triangle formation (4hr/1d chart) forming but was broken about a week ago. The last rally we have seen to the upside has given us a hint of the real triangle pattern that in my opinion will end with a push to the downside. This is only an idea, not investment or trading advice. What do you guys think? *The purple line is the absolute best case...
We had an old triangle formation (4hr/1d chart) forming but was broken about a week ago. The last rally we have seen to the upside has given us a hint of the real triangle pattern that in my opinion will end with a push to the downside. This is only an idea, not investment or trading advice.
as described in chart; if we can claim the small OB that we are in now then a trip to range EQ (0.5 fib) is possible around 0.399-0.403 after that analyse and see if range high is on, if not short SFP
expecting short term drop into high time frame support, then a pump
Hello everyone!!! Welcome to another analysis! Todays daily analysis is on BCHH19 aka Bitcoin Cash! Earlier today i witnessed around 300 BTC pour into Bitcoin Cash on the Binance exchange currently volume is at 1802 btc at the moment. I will be looking to place LONG entry with 10x-15x leverage shortly. Make sure to check out my discord community, the link...
We are in a tough spot for trading. - Daily Volume on Dec 21st was almost double average volume (similar to Sept), which may have shown the end of the current trend - Buyer Volume since then has been averaging down, meaning less and less buyers are showing confidence in this current bounce up - MACD is reaching signal line. If it breaks above zero, it will show...
Bitcoin Ethereum Bitcoin Cash Litecoin 4H, Everything is being bought in 3x the market volumes in OTC trades, large institutions are either buying or looking to buy and hedge the market with crypto. Shorting here is a mistake, any open shorts are in danger. Won't take much for this market to regain buyers, the next move will be akin to 2017.
Bitcoin Ethereum Bitcoin Cash Litecoin 4H, Everything is being bought in 3x the market volumes in OTC trades, large institutions are either buying or looking to buy and hedge the market with crypto. Shorting here is a mistake, any open shorts are in danger. Won't take much for this market to regain buyers, the next move will be akin to 2017.
Bitcoin Ethereum Bitcoin Cash Litecoin 4H, Everything is being bought in 3x the market volumes in OTC trades, large institutions are either buying or looking to buy and hedge the market with crypto. Shorting here is a mistake, any open shorts are in danger. Won't take much for this market to regain buyers, the next move will be akin to 2017.
Bitcoin Ethereum Bitcoin Cash Litecoin 4H, Everything is being bought in 3x the market volumes in OTC trades, large institutions are either buying or looking to buy and hedge the market with crypto. Shorting here is a mistake, any open shorts are in danger. Won't take much for this market to regain buyers, the next move will be akin to 2017.
Entry .04 Target .0535 Stop Loss .0375 Bull Flag Pattern and .5 Extension of ABC
Will BCH make another run soon, or will it correct further?
Cash $$ Been tough after fork, csw selling off and killing the price. Might make for the best or worst coin next year. I think it will be fine.