The market continues to move by the lower limits of the channels which is the support line for the price.
For the second day, bears can not go below this line.
Today, if we see a shift away from the level of 3003 and the price growth, it will mean that the blue channel continues to influence the price movement. In this case, increase in the direction of the...
As we saw BTC descending prices accumulate in side a symmetrical triangle, the technical analysis outcome should be a price drop and that was what we see. By measuring the left side of this triangle and projecting it starting from the breakdown point, which will take prices to the 9950 level.
At the 9900 there is a huge support zone where should be enough to hold...
Due to negative divergence between the prices and MACDH and STO, we should see prices going down soon for a correction.
If this review was helpful to you, how about giving me a LIKE for this review and also following my profile? If you want to receive firsthand analysis, just following me?
www. MoneyWise. com. br
Hi, on the chart is possibilities to go down. The price bounced down from strong s/r zone and next role reversal pattern was create. We can go down to next green support and that may be the TP. What can help us is, if EMA 100 will cross the EMA 200 and the price be under EMA 100,200.
Hey everyone. In this chart we can see potential movement down and also we can see that RSI almost oversold. And it is so close to the key level.
Our plan is :
Sell limit - 0.67941
TAKE PROFIT - 0.67763
STOP LOSS - 0.68008
BTC.D is likely to return to the mean after testing the upper trendline of the ascending channel. it could take time, but I'd expect the main downside corrective wave to start in November. It could last approximately 2 months after which the btc dominance would continue to rise.