Super specific on this TA, closing at 10.34k
btc price broke big neck line and now is doing pull back to neck line and then it will start a new downtrend. is it true? if this pattern be true next target is in 4400. please follow me on twitter @adelteimouri and share your opinion with me. tnx
Don't be a moon boy, look for all probabilitys Look my old charts about Bitcoin, and u'll see. 3 points to look! @Red Line - @Yellow Line @Green Line
Hello Friends, Short recommended with stop loss around 11750 Longs or profit targets are the 7750 and around 5800 levels. Be safe
Here is the very simple analysis without using no drawing , no marking . With only using two key analysis . Analysis in 2H time frame . Applicable for all BTC charts like BTCUSD,XBTUSD,BTCUSDT etc. 1. LongBuyLongSellIndicator 2. Volume. LongBuyLongSellIndicator : Look at the 8 candles from the chart (Blue ) it clearly shows price is not able to move above...
Closing the day below 10k will open the way to $ 9500. Now the price is going down more than the momentum, and the last time before the growth was the opposite. This is a bear sign. How much time do we bounce off 10 thousand? I thought it turned out I had 17 times, this is only on the daily timeframe) Interestingly, the level will withstand the pressure of the bears?
hope you guys are ok let's see the 4-hours chart from my scenario No.1 In my case, since July 23, I have analyzed the bear market and now bears are so strong than bulls First of all, if the bull market looks so good to keep going, they had to save the 10400 support line. but it was broken. last support line is 9800~9700 for a bull market that number 3 in this...
if you have your market view, please share it in comments Also you can ask me questions... Have a great day everyone!
-->> Resistance rejected price -->> pullback on weekly time-frame
Short entry: $10490
If we can't break and stay above $11,500, I would start looking for support and possible longs around $10,600. If we break and stay above $11,500, I would look for longs and target $12,071 as first resistance. It's chop-city right now so play safe
Bounced off the 0.5 fib at $11,500. Would like to see a push back up and clean break of $12,071 to remain bullish.
11900-12100 servers a a temporally resistance level. Which also looks like an ABC correction. We will see if this level will be a strong enough retracement to get a potential pullback down to 6400.
Welcome back everybody, Our first target at $10654 has been hit, bringing us 12.54% profits. Our second target at $10900.has been hit, bringing us 15.69% profits. Next supply zone is around $10363. If we can break above $11,100 - I can see a really volatile move towards the $12,137. Thanks for the support Megalodons. I appreciate you all! Let me know what...
I'm basically waiting for price action to rise above mentioned moving averages on the 4hr chart,and then making a large move upward. However If we break above those moving averages but have a short lived breakout above them, and we start to reverse to the downside. I believe we are going to be very bearish. However if we recover above the averages and make a big...
With current PA on BTC, we have a bullish idea as well as a bearish one. My bullish one found here: We could be playing out a descending triangle which (usually) breaks to the downside as we saw from $6k to $3k.