Chart is self explanatory. As an additional note, notice last two price downward surges did not broaden up the B-Bands (the second surge had a higher low). This usually indicates a short-term trend change. I expect a re-test around 10700's to 10800's and reversal. It would go hand in hand with my end of Sept/beginning of Oct drop to 8k analyses (clearly visible on...
Rectangle is the short term support. Eye will be on the horizontal resistance. If we can close above that, and get above the EMA lines, then we are set for a long. Keep your eyes open for trading opportunities. Long/Short these zones.
bueno, soy muy optimista a largo plazo con bitcoin, pero creo que vamos a ver una tremenda caída muy necesaria.
el hashrate de bitcoin actualmente esta en maximos históricos por lo cual el proceso de dificultad de minerías aumenta y necesita mas potencia para extraer un bitcoin.
Si observamos el grafico en daily el precio no es alcista es mas el of es mas que...
This is a final test for the script and I have to say its pretty incredible. Bonfire Vibration adapts to forecast big movement, pivots, trends, levels of support /resistance and intuitive Bonfire MA's. Publishing the chart will not show this adaptation as indicators are locked.
Great for confluence along with Bonfire and/or your TA to confirm price...
Like a wearying prizefighter, BTC is doggedly remaining in the ring despite appearances of fading energy. Bitcoin, along with the rest of the cryptocurrency market, is currently amidst an unmitigated period of indecision. Then again, you cant really complain about $10K BTC. Especially when global buyers have repeatedly stood their ground to...
So, previous trade I got stopped out too early. But we still see that the trendline is now flipped for resistance. I guess it might meet the horizontal resistance at around 12.000. Waiting for it to hit first on the 4h timeframe.
Looks decent to short it to 10k if not 8.5k.
Imagine not having a spot in this sweet as bull run since 4k. I'm bullish on the long term and looking for targets at around 9500$. Less trading, less stress, just enjoying the ride :)
What's your plan?
- Price Hanging Between KUMO Cloud & Falling Channel in Daily Timeframe..
- Major Indicators Are Turning Bearish But For Now 9.2k Support is the Last Hope For BULLS..
- If Holds the Support then Another Pull Back Expected From 9.2k Support to 10.4k
- Bitcoin is Forming Bearish Triangle Pattern in...
Today I want to share my thoughts on Bitcoin.
we have reached 13.9k and are moving down now. I am still convinced that this is a correction after which there will be an upward movement. I'm waiting for the support level 9200 there is a chance that we can go lower and touch the support line of black downtrend channel. The same line of support...