Ladies and gentlemen, shit is about to go down. No fancy ichimoku, obsessive trendlines or indicators. We only need the 200ema, volume, and RSI to see this picture clearly. Waiting for a bounce around 7.7-7.6 before I become LONG. Stop loss at 6.9K
It looks like we just got a bullish TK twist on the 4H and are now inside the cloud. RSI is nearing 60 but the chart looks like it still has room to move in the upward direction. I will not take any long trades until we are out of the cloud and above the 8.7K (pink) trend line. My current position on BTC is neutral. Wrap up: 1. price action above the cloud 2....
Break out reasons: 1. BAT resistance @5070 sats lines up perfectly with .786 FIb. 2. 50ema above 100ema 3. Since 50 above 100, the uptrend has continued to respect the 50ema 4. Blue above Orange on MACD 5. already making higher low and higher highs 6.BTC is short-term bullish Probability of breaking out: cmon Place buys in 5070 sats zone. Resistance at 5300...
Usually people call zones, support or resistance. Not with BTC; no these are fucking manipulation zones. IF we see a bullish may, these are the levels I expect BTC go and bounce off of. We have 3 green important zones and a gold zone indicating bull season (if we break out). PLAIN & SIMPLE This chart is in one day but I recommend going to the 4H and 1H to...
Looks like my bullish scenario paned out just like I expected. The green area was penetrated and the breakout came. I'm now looking at the 10K range (yellow line) if more bull action comes into play. Right now at 9.5K we're at a decent resistance, but FOMO may push it higher. Bearish scenario would be a retest at 8K support and major trend line (purple)....
uh oh, it looks like FUEL is on its way to breaking out of a nice bull flag on the 1H&4H. MACD is bullish, and volume is slowly creeping in. 50 still above 100ema. FUEL is also changing their name in a couple days which could bring more volume and push the price higher. Keep this one on your radar and wait for that breakout. Good long entries in green area. If we...
Looks like the break out of the first wedge was a success and now we're forming a new one. I'd like to see the blue MACD above the orange, and volume before confirming bullish bias. We're still well above the 50ema so until we test 2780 sat resistance and 50/100emas I will remain bullish on this pair. Stay tune forks.
Breakout Reasons: 1. Cup and Handle Pattern + 2. Bullish MACD + 3. 50Ema above 100Ema (hasn't crossed since early Feb) 4. Ascending triangle wedge @ major resistance (blue line) watch resistance level: 70500 sats If we find volume this could be a winner! -- dionysus
.23 fib and 628 resistance line up. Already making higher highs and higher lows.
It looks like we have faithfully hit 9k and are in the process of a healthy dip. Indicated are 2 bear trap support zones in yellow, and a higher-low trend line (blue) starting at the 6K low. The 50ema is above the 100ema and we're above the blue trend line. This means that I am short term bullish and long term bearish. I will be both short and longterm bearish if...
Looks like we may see BTS run again if the 2891 resistance is broken with volume.
It looks like ARDRBTC may be breaking out of its 4580 sat major resistance. It's looking oversold around the resistance level so watch for any fakeouts or breakdowns into the rising wedge. Stay on watch for the breakout! Hint: 3 consecutive rising green volume bars are a good indicator of its next break out! Trade safe!
BULLISH SCENARIO: It looks like we are headed toward our first support at the 7760 zone. Staying in that area would be healthy for BTC -- unless we break down past the first grey area. This grey area is the bulls upper hand considering the 50&100 EMA's line up perfectly with that support (7760). I'm Expecting a bullish bounce back to 8.3-8.4k if we bounce from...
Looks like BTC is on its way to breaking the last trend line before we are officially out of this bear market ($11,400). Watch for a fake out. If we bounce back down from the line expect a retrace back to 9-10K. I am bullish on the next 3 months. Hope everyone filled their alt bags during the rising wedge. Good luck everyone.
BUY ZONE VERIFIED. IF BROKEN OUT OF CHANNEL LOOK FOR SECOND BUT AT 38000