BTCUSDT did not make much movement last week except on December 4. The pair was trading below the current 7375 support level between December 2 and December 4. BTCUSDT was trading back to the current support level and closed above it on December 5. The pair has been stalling since then and the 7375 support level is still holding up at the time of this writing. If...
BTCUSDT made a reversal on November 25, and managed to break the 7375 resistance zone and close above it on November 27. The previous 7375 resistance zone then turned to the current support area. At this time, BTCUSDT is trading under the 7375 support level. If it keeps trading lower and closes below this support level, it may go back to the last week's lowest low...
Bitcoin is forming a bull flag, which will show the price increase in the following days.
Doom boys are screaming "sell, sell", so that is usually a strong signal to buy.
I'm not the one to judge these doomsday predictions, but bitcoin is a superstar, a superbrand and it is not going anywhere.
Long term prediction for the next 6 month is still 30 000 usd
This Parallel Channel is being formed for about 152 Days
so far and if we manage to break to the upside it would
be great because this channel is actually a bull flag.
If we fail to break the upper resistance trend line it will
retest the support trend line again and maybe it will break
it, starting a selloff causing the price reach possibly $3,000 again.
BTCUSDT broke the 8275 support level last Monday and closed below it. Since then, the pair steadily trading in a downward direction. It reached the 7375 support area on November 22 and broke through it. BTCUSDT failed to close above the 7375 support level, and it then triggered another bearish movements. The previous 7375 support level is now acting as a...
BTC update: Using Fibb, VPVR HVN ( high volume nodes) and supprts on 2019 movement targeting the end of 2019 cycle ( bottom and star of accumulation). Green zones are possible good supports and yellow zones possible ranging price starting accumulation for 2020 cycle. Accumulation can be fast this time because of halvening fomo. We expect breakout on january or...
As you see, Bitcoin slowly grinding down, with small bounces.
Low volume = strong bearish signal.
Every bounce CT thinks as start of a bullrun.
Our team expects BTC to go down more with possible targets at marked green zones.
For now level to watch is $8250, but according to decreasing % of short squeezes - not likely it will reach it.
As I had a bearish outlook last week about the direction of BTCUSDT, the pair failed to close above the 9050 resistance area. It's steadily trading downward every single day within last week, and it's now very close to reach the 8275 current support area. When it reaches this support area, a new direction will be determined then.
Price hit 1D support level $8400.
PA looks bullish.
Late shorts should be liquidated to collect liquidity above Swing Highs,
General picture still Bearish until breaks and hold $9k.
Local picture is Long.
BTCUSDT failed to trade and close above 9705 resistance area last week. The pair kept trading lower for a few days and finally broke the 9050 support area, and closed below it on November 8. The 9050 support zone now became the new resistance zone. Since then, the pair failed to close above the 9050 resistance area. If the trend continues trading downward, it may...
En el siguiente breve análisis muestro la gráfica
en velas de 1 días, en donde marco una bajada natural progresiva, con una forma de suelo redondo, la cual como se tiene comprendido, es una señal técnica de las mas seguras y solidas, la favorita por muchos traders.
En la gráfica muestro un retroceso de Fibonacci en color amarillo para que pueda ser distinguida.
Bitcoin (BTCUSD) has gone sideways after its last bullish breakout... While we were expecting a breakout to the upside, others expecting a breakout to the downside, neither took place.
Bitcoin continues going sideways within a range and the altcoins market solidifying its change of trend.
Looking at the altcoins (all the altcoins pairs vs bitcoin , minus the top...
I just shared an update for Tron vs Bitcoin (TRXBTC), a link will be shared at the bottom of this post... Here we will be looking at Tron vs Tether (TRXUSDT).
The chart for TRXUSDT is also bullish... Meaning, it has the potential to produce additional growth.
On the chart above we can notice the following signals:
A clear and strong break above EMA100...
2 Days routine: Anticipate the activity of Tether, and other fundamental issues.
80% chance BTC will go back to 8600+ level before heading to beyond $10K
20% chance BTC will continue the uptrend, with favorable fundamental conditions.
Last hours have been insane! China blockchain support and leadership news and crypto capital issue related to bitfinex (tether) have been a boom in the crypto market, making peoople avoid tether and buying tokens. So We know strong news are more important than TA in some movements, and those were strong news.
Anyway, PA stopped at 0.5 fibonacci, like magic, but...