Bitcoin fell to important support - the lower edge of the upward channel from March 13 and, most likely, for many traders this zone will become a long entry point for another attempt to conquer 10000. Market sentiment does not yet favor active purchases, rather, on the contrary, traders expect a local rise to reopen or add a short, and the breakdown of yesterday's...
Here you can find our long term view of ADABTC.
More than 4 months ADABTC does not have directed trend. Price haven't raised more than 0.00000560 and have been bought over from 0.00000400.
Now we can see that price is approaching to upper resistance line of trading range. Breaking through this level can provoke lots of buys and significantly move price upward to...
It looks like BTC is raising in a wedge and drop possibly be soon.
The move from 6500 till current price ma be a 3-segment correction which can finish between 50-61.8% fibo.
RSI is close to overbought zone.
WARNING! Be careful to trade nearest time, weekly MACD index is close to 0 point so sharp and quick movements of price can take place! All...
Trend line on 1d chart broken!
Cardano has a chance to possible pump. Near stop and big take, its a good risk management trade.
1st buy - current price
2nd buy - 0,038
Stop Loss - <0,034
TP 1 - 0,055
TP 2 - 0,065
In case of closing current day higher than 7200$, there is high possibility to test 7600$ level. If bulls will be able to break through this level, the next serious resistance zone may be around 8600$. If bears will win fight for 7600$ level, sells can degrease the price down to 6500$ zone.
BTC continues downtrend.
Week has closed on new lows and it can move the trend to go deeper. Volumes are low as well.
Brief trade review:
- Sell till 7300$
- Stop loss above 7400$
- First target 6550$
- Second target 6000$ - 6100$
The price is on the bottom of wedge.
First strong resistance will be around 0.0062 and near the same price is 4h MA.
Brief trade review
- Buy on current price
- SL under 0.005970
- 1st target 0.0062
- 2nd target around 0.0065