Things are still looking bad, bears still seem to be in control at this point. From what i can see, think 11500/700 seems to be an important level to break for the bulls. Because if they don't manage to break that, the right shoulder of that possible H&S stays alive, making this bounce up we just had a lower high before we break down. The nekline is still around...
D4rkEnergY was the one calling the bottom at 3.2k! D4 also presented you for Evidence for the Bitcoin Parabolic Bull Run Already back in April and May. If you dont remember, then take a look here......
Reasons for open position:
- Sell zone by trend
- Big sales volume
- Only if the price will make pullback to zone, we can open a short position
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DISCLAIMER:!!!This is not to be considered financial advice is my personal opinion, always do your own research before entering or exiting trades as i will not be held liable for any of your trades!!!
I have suggested to sell BTCUSD around 13k and now it is high time to consider to buy it
Close to the daily support
Uptrend on the daily chart
Waiting for a bullish signal => BUY
ATTENTION: All of my plans, you MUST WAIT PATIENTLY for a BULLISH/BEARISH SIGNAL before ENTERING.
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All is rosy in our garden on Friday, we appreciate a strong support at $10.8K but as it used to be the case in either market - sooner or later a strong support happily transforms into a strong resistance. We can not safely say whether it will happen with $10.8K today, over the week-end or next week, however, what we can firmly say is that the bulls will give up...
Good morning, traders. The descending broadening wedge resistance I discussed yesterday finally gave way over night and price is moving up as expected with a target of $12430 based on the height of the wedge. Price bounced off the 4H pivot, just above the 61.8% retracement of the move up from the July 2nd swing low. The big bullish indicator at the moment,...
Things are not looking good for Bitcoin.
As we can see from the last move up, we failed to eclipse or even retest the previous high at 14k.
This is a very bearish sign.
This was followed by a heavy selloff with substantial volume, telling us that
A) Sellers have come back into the market
B) Longs are being closed
We are now struggling to even break the 382...
How to apply the Oscillator Divergence Indicator by JDLim to your favourite oscillator.
1. Like the script "Oscillator Divergences by JDLim"
2. Add your favorite oscillator to your chart.
3. Apply the "Oscillator Divergences by JDLim" to that indicator.
4. Confirm the correct input source is selected.
5. Trade well and donate if you become successful :)
Link to indicator
D4rkEnergy is back to spread more LOVE and WISDOM to the Crypto-Community. Today - 21.6.2019 - we are officially in the Bull Market. If we look at US Stocks we normally say, that a Bull Market occour after a 20 % (18% is the right number though) increase in price from the low. Bitcoin is up more than 200%.
In crypto we normally dont define...