Looks like BTC is correcting and consolidating, while creating a bunch of new levels of support and resistance. Since BTC just flew in OCT and NOV, an established set of support levels have not been truly defined. BTC will test and retest for a lower low to find this bottom price. Expect the correction to take longer than you wish, as these things always do....
Looking to enter here on the retest before a continuation down to weekly support..
Goodmorning! BTC is moving upwards in count 4 of 5 corrective C wave down. expect failure of rally at max 12400.00 whereupon BTC is expected to turn sharply down to complete Wave C correction. Upon forming the expect coming low look for BTC to next start a new structure moving higher solidly. We will need to look for evidence supporting a trend reversal once...
Price making another touch to its descending trendline, now stuck in a tight range within daily resistance & support. Watching now for a continuation to its downtrend for a new low
Price broke its CTL, now watching for a potential retest for a continuation down to make a new low
Price respecting its downtrend, making lower lows & lower highs. Lower high completed, now previous support now resistance.. We could see a new lower low down at daily support
Nice potential short this week, double top at strong resistance. Now will be looking for a break of that trendline for potential shorts down to recent lows or a new lower low..
Potential short coming soon, price below daily resistance & respecting its downtrend line, now making lower lows & lower highs.. A new potential lower low to 86.9 daily support potential
Previous support now resistance, looks like we may get a continuation of price's downtrend & a new potential lower low..
Price is in a clean downtrend.. 600 Pip move since the last double top after its channel breakout. Lets see if price can make its way back to the bottom
4 hour candle close breakout confirmed, now looking for shorts down to the next area of support..
Price now back at resistance & trendline resistance. Looks like me may be heading back down shortly ..
Watching for a break & retest for a potential new lower low. Price is under daily resistance now after making its pullback up to make another touch to its descending trendline, ready for another wave down ..
Price is stalling, trying to build back some momentum sitting between daily resistance & weekly support, waiting for a break below for a continuation of price's downtrend..
Price is now testing resistance neckline of the head & shoulders pattern, creating a (lower high), Will price make its to 91 to create a lower low?!
Yen bringing back some very strong momentum, next downside target would be 150.000 weekly support.
Price looks to have broke its trendline to the downside confirmed.. Moving averages are looking to cross to the downside, & we may see a strong move coming shortly, watching for a potential retest or flag pattern to form for potential shorts
Price on a strong level of daily support / fibonacci support, may get a retest of broken consolidation or to the 38.2 fibonacci level before a lower low..