If BTC breaks downward from this 4 hr RSI triangle it is possible that it could go to 8k range. but to be sure wait and see if there is going to be a retest of this level. Happy Hunting
Bitcoin is too much overbought can adjust itself it a bit so it can go down back to these targets T1 - 7300 T2 - 7180 T3 - 7040 And if Bitcoin breaks above 7560 then it can go up more that will be breakout again.
More Predict on the crypto in my free channel in telegram. PM me
A lot of talk of BTC being bullish. I say BTCUSD is bearish and 6400 has become the new 6800. I'm not going to elaborate more than that. Only time will tell. This is not financial advice. DYOR!
Despite this pump today, 200 SMA is starting to trend down after previously supporting price 3 times before breaking below it, now I view it as massive resistance. In coming days, if price is not able to break above 6800 level, bearish divergence is in play and it would mean that trend change in 1h and 4h charts actually is nonsense, while a massive bear flag is...
Hello Guys, today is the 06/07/2018, 16:00 UTC time and I think its time for a new quick analysis. My last anlaysis ist still actual and worked pretty well, so check it out. But lets start with a quick review first. So at 13/06/18 we tested the first time the 6400 level in the last period. And what happened? We broke trough it, and went down to test the...
I see bearish signals for bitcoin. I expect a drop to 6310. Nice oppurtunity to short, Have a nice day.
This idea is formulated using 1hour & 4 hour charts Gud luck to us ALL
I was wrong for buy zone, yesterday. BTC was hit 6663 from support zone at 6300. So, I'm waitting for BTC downward for adjustment at 6430 - 6460. And go long to 6750 - 6800. #BTC/USDT - #XBT/USDT BUY: 6430 - 6460 SELL: 6750 - 6800 STOP LOSS: < 6360 LEVERAGE: 20X - 50X
I usually look for divergence on the 4H to 12HR, but there was none showing for that, however, my line brother Nick did an analysis on the 1D and pointed out the div on the BB%, Stoch RSI crossover, and the midpoint RSI resistance. With the addition of me using the Storm indicator (Stormgewehr 44), all 4 of my divergence indicators are showing a hidden bear....
Ride this short down to retest $5800 support...
We are printing another bear flag, within a bear market on rising volume all of these things combined make me want to short. SL 6950 Target 5680 Entry? Now, I think the price just dropped 50 points when i was writing this lol Good Luck and God bless Red Boar
Going Down IMO Next Stop $6350ish Stop market SELL Order @ $6495 Gud for at least 110 points Stop market BUY Order @ $6535 just in case bitcoin changes its mind.... Gud luck to us All 1 hour & 4 hour candels
Short XBTUSD as the title says to. :)) @ $ 6720 1hour cadels w/ 3 day candel confirmation Going Down, next level $6500 IMO New 'floor' set price $5500ish Bear Huntnin Season Boys,, Yee Haww
Im still short from earlier, just thought I'd voice,. IMO, BTC/USD is still falling... Dare it to reach the infamous $6800 support..? Only FatherTime, knows >.. Gud Luck 2 US All. btw: I have My Stop MArket BUY Order Set @ 7255 in case bitcoin IS ready to grow Up.
Often, divergence is usually referenced more in MACD analysis, but it can also be used with the relative strength index ( RSI ) indicator. Usually, the RSI mirrors the shape of the item being traded on its chart. However, as you can see above, when it differs, it can lead to divergence, and profit. Above, you can see in the blue lines, the price shot up after the...