Bitcoin looks set to close the trading week in the red, as the number one cryptocurrency by market capitalization fails to rally from the $8,000 support level. The $7,900 level is the key level to watch today if weakness persists under the $8,000 level today. A sustained breakout of the $7,900 level is likely to trigger heavy BTCUSD technical selling towards the...
So our last udate setup is done - market has completed retracement to 5/8 Fib support area, forming "222' Buy" pattern and now is the moment of truth, because 8K level is a key to further direction.
Downside breakout will significantly diminish chances on upside continuation and, in fact, will mean continuation of major downside trend. While,...
Simple TA rundown on four different cryptros: XBTUSD, ETHUSD, LTCBTC, and BCHBTC. The green dotted lines are demand zones and the red dotted lines are supply zones. These are all on the 4hr chart. If you decide to trade these, always remember to use proper risk management....
Verge has been picking up ubiquity among individuals and its biological system has likewise demonstrated over 80% expansion. Nearly around 250+ financial specialists are currently tolerating the XVG as a method of settlement. Additionally, the group of the skirt is likewise searching for expanding the undertaking and attempt to include new pursuits with...
Welcome to an update on BTC recent developments, Inside Bars Broke!
Points to consider,
- Testing support line, potential HL
- Price rejected from .618 Fibonacci zone
- Overall volume spike
- Bart pattern back into support line
- EMA’s acting as resistance to price
- Stochs in lower regions
- RSI is in neutral territory
- Bull impulses are...
Sold my long when the bottom donchian broke @ 11,440. Currently sitting in cash and waiting for price to show me bullish price action. I will know when there is bullish price action when it breaks the top donchian sometime in the future. Dont fight the tide flow with it. Keep it simple. - Andres