--> We trading under a Rising Wedge . --> We are almost at Weekly Resistance which is not easy to Break --> Funding currently at short side with $1B Open Interest
I tried to make it as clear as possible on the chart, but here's the thing... right now horizontal levels are aligning very well with moving averages on the hourly chart, and for the last 4 days we've been holding support off the 21 EMA in the same timeframe. Bulls have to break and claim the 9400 level, bears have to break the 21 EMA (currently around 9.3k) for...
Bitcoin now rejecting at this slopping trendline plus rejected at 50MA in a 4H time frame. We have a strong level of resistance area between 8700 - 8794 region and I expect a dump to retest support trendline at 8429 - 8320 if bitcoin continues this dump. Priority today for bitcoin Short
BTC Update After trying to break the 8200 level for the past few seasons, the BTC has been falling since the beginning of this session and is currently trading around 8100. The daily technical situation seems ready to cross lower while the indicators in horizon 4h are already negative. What to do? On a shorter horizon, the technical situation is showing signs...
Publishing this chart to see the relevance of these fib's, and custom fib's. Red and Green boxes are just the current CME gaps that exist. We're at a critical point for Bitcoin. Many bearish and bullish possibilities from here. Does feel like Wyckoff, so I have a hunch we're going up. But, will react either way. I have a short still open from $8440 $XBT.
BTC Update We finally got our higher high, guys! Bitcoin has fenced above its resistance zone with a very nice bullish candle, almost a marabozu. I was telling you about it during the whole previous session, the technical situation was showing serious signs of weakness in 4 hours and shorter, but the BTC ignored all that. If we look at the technical indicators...
Hello traders, here is my analysis on BITMEX:XBTUSD it seems it will want to reach the resistance at the top but anyway i am open for any contribution in the comment section
Good day, Bitcoin found good support at 6900-6850$ but still not able to close and open above recent swing high while providing another lower high. Looking to #SELL 7400-7450$ Good luck, Stay safe,
Currently. We are currently on DownTrend Channel. If This DownTrend channel works perfectly we must dump to FIB 61.80% under the next 3days. Note: The pattern is only valid if the Downtrend channel works.
Note: The box/The Fib is my ladder short entry. Taking profit every 0.50%(after filled the entry) Down-side and move stop-loss in BE point
Update to my previous idea. The last time the TEMA 1000 crossed below the EMA 287 on the 4 hour, the Bitcoin price began its mission to the bottom and dropped $3000. The present 4hr TEMA 1000 and EMA 287 = uhoh
In This chart, you can see the dump after "31 OCT 19". If you check the chart of "25th Dec 19" bitcoin was dump almost 10%. now, what currently I'm feeling. We going to dump slowly-slowly in "Jan-2020". Almost $1500-$2000 dump from the current price. Why I'm feeling we'll dump not pump? Cuz In the daily chart Bitcoin facing the resistance and bitcoin move big...
THREE DOUBLE THREES SCENARIO 2
not finandle sandals or hannakah candles
Short at 7330-7350 TPs: 6700-6300-6000-5700-5400-5150
Huge Ichimoku Cloud is upon us combined with almost all other indicators signaling bearish movement. See you at 4-5k, the last 4 digit bottom of Bitcoin.
WOW choppy waters eh? Here is my lower time frame + higher time frame update for TODAY. Right now, I think all trades should be scalps on the 1 minute time frame or lower t.f. Here is my hypothesis for BTC: 1. Friday December 13 will be a significantly bad day for BTC and will be good for a short trade. 2. Sunday December 15 will be a significantly good day for...