Cryptocurrency Market

Investroyllc

Hey, Traders! Bitcoin's bull flag pattern is finally complete. A lot of traders see it as a sign of a bullish breakout, but it's a little more uncertain this time. Whatever it is, let's wait for the phase 1 breakout and buy/sell the correction, rather than just gambling the direction. Safe trades, friends!

19:53

WyckoffMode

Hi Everyone! Do NOT assume our downward pressure is done yet even with this current bounce back up from $29k to $30.4K at this writing. We may run up to around $30,750 and turn back down AGAIN. We must conclude downward pressure continues until we can see the White Energy in the 2-Day TF wins the race against the Red RSI in the 4-Day TF. If the Red RSI in the...

TradingShot

Bitcoin remains under pressure since the January 08 High, with its main pattern being a Channel Down. On the 4H chart, the RSI and LMACD indicators have formed sequences similar to the mid November - mid December 2020 consolidation phase. As you see on the chart those are bottoming patterns formed within a short-term accumulation phase. The new bullish wave after...

TradingShot

Update on today's price action. Bitcoin made contact with its MA50 on the 1D time-frame (blue trend-line) for the first time since October 08, 2020 (roughly 110 days). The RSI is also testing its Support Zone which is holding since mid March 2020. Can this be enough to contain this correction from January's High? ** The 2019 Bull Run ** The answer may be...

btcinvests

Hello my friends! If the dead cross 50/200 4h is confirmed, we will see more down ... -- Let's see what happens. Happy trading. :-) --

VaidoVeek

Hi, Another chart pattern, another triangle but this time it is known as a bearish chart pattern called "Descending Triangle". As I have told you that we have still a bearish pressure and I have warned you to not buy it for the mid-, long-term because the price of BTC has to push above some sort of price levels to confirm bullish moves. Bearish pressure and...

alanmasters

Looks like Ethereum (ETHUSD) can easily continue growing based on the chart setup here. The last candle managed to move back above EMA50, EMA21, and EMA10, switching the potential back towards the bulls. We also have a strong higher low compared to 21-Jan. A new high is possible in this current move. We have higher highs and higher lows. Conditions for change...

Babenski

ETH / USDT price move in channel... We can see now price lost middle line support of channel if it can't back up quickly then there is high possibility to test the lower trendline We can see also 200EMA Dynamic support at lower trendline support this area can rebounce the price if reached The bulls should hold this zone well for ETH to remain Bullish Good luck

06:05

Yuriy_Bishko

Bitcoin is Inside in Downward channel How will you trade it?

AustrianView

Comments?

alanmasters

I believe that Ethereum and Bitcoin will continue to move together. Here we have some mixed signals short-term but still good potential to see higher prices. BTCUSD is now trading above EMA10. Closing above this level favors the bulls. Moving below it favors the bears. We have two long lower wicks printed recently signaling that the selling pressure is...

Yuriy_Bishko

I'm thinking more of a short position. The long scenario is relevant. I need more confirmation for a long position. Push like if you think this is a useful idea! Before to trade my ideas make your own analysis. Write your comments and questions here! Thanks for your support!

PolarHusk

💎Technical Analysis Summary💎 BINANCE: BTCUSDT -Okay, yesterday's candle turns out ugly a few hours before the daily closes -This is the one I'm talking about that the Bears can easily enter the market any time -Today, the bulls are defending the 30k area of support -This is very important in the short-term to keep the Bullish bias alive -If the horizontal...

abel11

After the completion of the ABC corrective structure we expect the next impulse down. I want to call your attention to the last accumulation, check what happened after it was finished. Now we have a similar accumulation happening, I expect it to drop after the accumulation is finished. This is an update of this idea...

plancton0618

After our idea with amazing profit , $ZIL.X is creating a bullflag on daily chart. IF the price will have a breakout upward, According to Plancton's strategy (check our Academy), we can set a nice order ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily...

Yuriy_Bishko

two scenarios. I'm looking more at the short position. The local support will be broken through. The market is selling more. What do you think? Push like if you think this is a useful idea! Before to trade my ideas make your own analysis. Write your comments and questions here! Thanks for your support!

TheSignalyst

As per my last Bitcoin analysis (Picture and Video Analysis Attached Below) we were speculating a bearish movement till the blue support (28k-30k) Bitcoin made it there now, which we called the "Decision Area". (Phase 1 done) Now we will be looking for buy setups since BTC is sitting inside a support zone. Unless, as mentioned before, BTC breaks our blue...

abel11

The harmonic pattern is completing so we expect the short very soon or it could just drop now. I will keep this chart updated. Thank you for the support.