Growth in recent days gives us hope to return to the bull cycle and continue it. BUT it's too early to draw such conclusions. Bitcoin is always hard to predict. And now it's important to see what will happen in the next days.
Here are 2 possible outcomes to what may happen next, we could either see a large pullback where we break this first resistance with a retest then continue to sell off. Or we could hit the resistance & continue on this Uptrend as we move into the Friday morning.
On 13JULY21 bids started appearing at 30k where the price eventually ended up. That liquidity was taken and now the price bounced to search for more orders. This looks like shorts partially covering positions at 30k and waiting to reload at 33k-35k.
Time : 4 hour Indication : Fibonacci retracement As the current price at Fibo retracement is 0.618, FIbo 0.168 always a congestion area. It mean the price might up down at this 0.618 area. But in big picture, the downtrend haven't. In this situation, ETH might going down to 1730 this area. IF ETH break through 1730, will might form downtrend cup and handle,...
Time : 1 hour Indication : Fibonacci retracement Bitcoin 1 hour chart retrace back to 0.5, it might go to 0.382 which is around 33900. Its downtrend, our direction still focus with short position. Suggest strategy of the day 9/7/2021 Short BTC 1st entry : 33100 -33300 2nd entry : 33800-34100 CL : 34400-34600 TP 1 : 32400 TP 2 : 31500 Good luck =)
Time : 4 hour Indication : Fibonacci retracement First, Congratulations for aggressive player hit the TP 2 2060. As for see Ethereum strong rebound from 0.618 again at the 2060, its might rebound back to FIbo 0.5 and going down again. Suggestion short term player Strategy : Short Entry : 2170-2190 CL : 2245 TP 1 : 2040 TP 2 : 1962 TP 3 : 1910 ( mid term...
Time : 4 hour Indication : Fibonacci retracement As for see Ethereum strong rebound from 0.618 around 2040, and touching two time 0.236 price at 2390- 2410. If follow BTC trend , Ethereum might go back Fibo 0.5, price around 2150. Strategy : Short Entry : 2290-2310 CL : 2350 TP : 2150 TP 2 : 2060 ( for aggressive player )
Excellent Excellent swing trade opportunity. Don't want to miss. Please like and comment.
What could a flash crash / wash out look like for Bitcoin? Way worse than what anyone could ever expect. But let's try and paint a picture. Potential low of 7-8K's by the end of May 2021. Always keep an open mind. Stay safe out there.
Bitcoin Fear & Greed index just hit lowest levels seen since the great MARCH 2020 Covid Sell off! Smart money buys in extreme fear, while uncertain & greedy money waits to long and gets in late.
Hi there, I'm a Bitcoin Investor my self but after doing some research on Bitcoin I plan to sell all my Bitcoins WHY SO ???. >> The Technical already is pointing down the Up Trend has been broken, We only need any Fundamental news on Bitcoin that they will tax Cryptocurrencies and then you guys will see a huge amount of people will sell Bitcoin and any Other...
ARPA is breaking out on the 1D chart… my entry is marked in blue and my midterm exit set in green just below a weekly resistance. Do you agree with my TA? Have better set exit target? Feel free to share your insight.
ADAUSDT Price creates a triangle pattern and breaking the triangle in the down side. We can see further price drop on this coin. For me, best buying zone between 0.75-0.80 I believe we will see cardano price $10 in 2021 Tell me what you think about this coin. Cheers...!
with the shark harmonic pattern on the 5th wave could drop to 2.7 or 1 and then pump to 80.
4HR Chart: -ZCASH has retraced 80% - 100% since Jan-Feb. -Showing good levels of support as it moves up. -Continuous higher lows shows still in uptrend -Nice gap between 10/50ma over 200ma -Knocking on the $200 door and now making new highs. Watching for retrace and potential buy setups. Hope you all have a great day! Thanks for your time! Please like and...