Use this as a guide to develop your view of the chart:
Main items we can see on the Daily Chart:
a)The most critical corrective structure has been broken (Falling Wedge)
b)We expect the beginning of a new Daily Motive way towards 13.500
c)Currently, the price is on a Support / Resistance zone in which a correction may come
d)If that happens, that will be the...
I just wrote about Ethereum (ETHUSD) and wondered if Bitcoin will follow the same path...
Right now it doesn't look like it...
We can clearly appreciate that Bitcoin (BTCUSD) is moving higher but we can also see a rising wedge, curving indicators and volume is low, ETHUSD is showing good volume.
EMA300 has been conquered recently on low volume, so if the bulls...
i believe bitcoin hasn't put in its bottom yet to many people are still bullish as in the way market cycles go i believe it will push up to the top of this channel or wedge depends how you draw it and reverse of it around $8000 to $8500 and in conjunction the bottom of ichy cloud and 20MA witch is the middle band on bolengerbands then bouncing its way down around...
Lots to talk about with Bitcoin .
Most notably, we just broke north of the local downward resistance channel that we established about a month ago, and have begun to make our way back to $8,000. However resistance is proving strong in the high $7,000 range and we keep getting rejected. No surprise given recent performance. However if we stay above the local...
In the four-hour chart, the Bollinger band is getting closed, and each moving average line is glued and bonded. The market fluctuated near it and it failed to break the MA5. Instead, it continued to go down.
It can be seen that the short side is more powerful, and as the upper and lower rails continue to move closer to the middle rail, the fluctuation range of...
Ethereum is pressing higher on Wednesday, following a bullish breakout above a symmetrical triangle pattern on the lower time frames. The $200.00 level remains the near-term upside objective, although the $250.00 resistance level is the main objective. Only a sustained move below the $180.00 level can negate the bullish intraday sentiment surrounding the ETHUSD...
BTCUSD reached the trendline that we expected it to hit last week yet it didn't push up at the time we expected but it did. Looks good for sells yet I'd caution to use a smaller lot as I'm not a crypto expert.
BTCUSD SELL
start: 10653.98
stop loss: 11311.28
take profit: 9177.00
Bitecoin about bit off more than it could chew.... Couldnt break out. So many sellers. ALL CRYPTOS ARE DYING. No confidence.
Media regarding crypto is just BS no one is buying atm. The were gonna be rich Shaun - Your wife Samantha who bought bitecoin from cnbc coverage is about to get her wishing hat on... Denial to follow. Made a little rally big sellers are...
If we surpass this resistance level, I think 17000 is not so far.
Surpassing this line will invalidate both the patterns. This will change the sentiments for existing investors and at the same time, BAKKT may give enough power via institutional and new investors. Also, we need to focus more on FA than TA on the current situation. I still feel it is possible to...
Bitcoin has suffered heavy losses after the number one cryptocurrency was strongly rejected from just under the $11,000 level earlier this week. Bulls need to move price back above the $10,500 level to secure the BTCUSD pairs short-term outlook. Overall, selling technical pullbacks is favoured over buying while the BTCUSD pair trades under the important $10,600...
CHAINLINK/USDT
Needs to break the huge resistance trend line. $2 is a good and very crucial support.\u2028\u2028 Otherwise we're going to $1.6.
CHAINLINK/BTC
Broke a downtrend trend line but created another one, did make a double bottom but volume and bullish momentum did not enough.\u2028\u2028Approaching a big uptrend trend line so if it falls under it we’re...
The ETH has been in consolidation since May 14 after its latest rise of about an incredible 100%. The rectangle marked on the chart shows that the price may still fetch the $ 222.00 before continuing to rise and thus increasing the pro fi tability of breaking the consolidation and going to higher levels. This is a long-term study taking into account the evolution...
It is hard to consider whether you should be in the market to purchase XRP. When looking at the current chart, it is clear that price has already bounced off the three months low at $0.39. There was a sharp sell-off at $0.41 on the 4th June which will be the price that XRP will need to break through before you should be looking to buy once again.
The current...
The story of BTC - In original POST. To be added as sub content :)
ACCORDING TO THIS, WE ARE ABOUT 20,000$ off of where BTC should be, huh.. Go figure... Guess we need more people to FOMO!
BTC will never reach 20k $, because then all the millionairs would NOT be millionaires anymore... Everyone would :)
It is going to go in waves, keep the hype going and always...
