Yesterday was bullish-day and the "Hammer" worked nicely as a bullish pattern. After the bounce upwards the price found a resistance from the trendline which is pulled from the July 24. Several attempts in the lower time frames to break upwards has failed and currently, it has made a healthy little throwback (movement downwards). Healthy, because after impulse...
Hey!
Yesterday we got a breakout from the triangle. It was enough that the four-hour candle closes below the trendline, below the EMA's and the movement downwards be able to continue. This was almost a perfect breakout trade, we got a candle close below the triangle trendline and in the one-hour time frame, BTC' price made a retest and bounce-back after it...
Hello followers and other TradingView users! Let's try today a bit differently, firstly You have to hit the LIKE button and after reading You can unlike IF You don't like this complete breakdown or it wasn't helpful! So, let's start - Like...and You can start to read! ;)
Monthly chart:
On the monthly chart, we could see that there is a significant level around...
Hello! Hopefully, You have a great weekend, I would like to share my thoughts about Bitcoin'!
Currently, it trades between the two blue lines. Above is the resistance at $6767 where BTC' has tried to break out several times, one attempt was successful but let's call this a fakeout and the second one is below the current price at $6460 which works as a support....
