Technical analysis and its opinion The RSI is currently in the neutral trade zone with values around 50 Bitcoin was every time pushed down in the $ 9500 / $ 9600 area since May 29, and temporary resistance has developed there If the bulls manage to keep $ 9,500 for more than 2 days, it will be a strong impuls for the next growth If we fall below $ 9500, the...
Let's take a look at what we can expect from BTC for the following days: From $ 9,000 support has become a resistance that the bears will guard At $ 8400 we have a very important bull support zone, the following support is much lower at $ 7500 BTC is under MA200 which is another bearish mark, the next EMA300 support is at $ 8536 If we close below $ 8,500 today,...
Let's look at the technical analysis and the possible development scenario: Our 1st support perfectly confirms its role, and we see higher lows there with a nice reflection from their clouds on multiple time frames. Bears scenario, possible drop to $ 9000 to current support, if it does not withstand a possible direction to the very important 1st support to $...
What does technical analysis tell us? BTC bounced back from our rendered 1st support at $ 8,400, and was subsequently rejected by the 1st resistance at $ 9000-9150. This is clear evidence of how it all works nicely if the market is not disrupted by external influences and information. Bitcoin is still in a period of consolidation, but we can expect a strong...
Let's look at what technical analysis tells us: We are currently trading in the 312-day consolidation phase, which means growth in the medium to long term, Support - $ 8400 is the zone where we saw several reflections, then we can fall free to the limit of $ 7500 where is the second support, Resistance - BTC had problems in the zone $ 9000 - $ 9150 here is the...
Bulls also predominate in purchase volumes and bears are significantly weaker. This is a great sign that Bitcoin is gaining strength and can attack for $ 10,000 in a month. Bitcoin is currently accompanied by large and positive responses due to COVID-19 and a possible safe station for people who are afraid of inflation in classic currencies, also approaching...
Let's look at what the technical analysis sees and what the trading tips are: The bulls have pulled out the BTC 2 times today and partially confirmed support at the price area $ 7k But the bears will try it a few more times to really make sure the BTC has a strong defense Following hours and days will be more important for bulls, because have the chance of trying...
Let's look at the technical analysis and possible scenarios for the next week: Bulls lost important 7K $ and btc was rejected several times in the field of strong resistance The following days and hours the BTC will test the secondary support's resistance in the $ 6500 or $ 7000 range If btc breaks $ 6500, we can drop down to $ 5800 main support The BTC needs...
Hi ALL So what's new? The bulls hold the very important 7K $ zone for the third day They built a new support zone here. We have a new support line on 2H. We follow: Behavior in the support line and the new support zone at $ 7K here will be important to watch as the bulls keep this threshold. If we can bounce off the chances for attack to the CME GAP $ 8280 - $...
Let's take a look at the important facts about technical analysis: Strong resistance remains and is in the $ 6900-7000 range Bulls must hold $ 6500 if they want to go up and win fight for $ 7K Trading tips remain as they are on the chart: Open SHORT orders in the $ 6900-7000 zone This resistance zone works well and the bulls need very high volumes to pass...
We currently have the following scenarios in play: 1. The BTC attacks the $ 6900-7000 strong resistance again and tries to overcome it, which would mean a strong BULL signal. 2. Soon the bears will bounce us down and the bulls will have to keep the $ 6500 zone to continue growing to $ 7,000 I see it at max. 24 hours when we either test strong resistance or $...
Yesterday, BTC exceeded the acting resistance and aimed it higher. Here he was stopped by the second resistance, which was created in the area of $ 6650 - $ 6700 We are currently in one and the same vicious circle. Since March 19, we have tried three times to get $ 7,000 and have also tested our support zone in the $ 5800 area four times. The market is unable to...
Recent analyzes have convinced us that all the plotted zones work excellently. Look at my analysis yesterday to illustrate today's movement and beautiful reflection of the support zone. The short area worked well and the expected fall came. To open a long position, I wrote you +- $ 100 zone yesterday in the $ 5800 support area. We reached a minimum of $ 5857 for...
TRENDLINE BROKEN This means that there is a high probability of continuing to fall The graph shows the zones for SHORT as well as LONG I also drew a new support zone for $ 5800 And the current acting resistance 6300 $ Follow my analysis and be informed in time, I will keep updating it
- allright guys, this is the most important zone - we are get back to our trendline, and the third cracking attempt - if you are considering LONG deals just in this zone - if we fall below you can try open short orders - after I will come up with a new analysis focusing on new areas Please note: the analyzes are purely technical in nature, but currently the world...
On March 20, for the first time since the biggest fall this month, we were attack at $ 7,000 but unfortunately reached only $ 6,900. Subsequently, the BTC was repelled by bears who did not give him a chance of success. On that day, the BTC fell to $ 5,670. Five days later, so today we can see exactly the same scenario where the BTC pushes to $ 7,000 but was...
Yesterday's attempt to overcome horizontal resistance failed The bears have rejected growth and there is a risk that we will come back below this zone A third test of our trendline is also possible, be very careful there If you are interested in trade you can search for LONG orders below the trend line.
Today, ETH dropped below $ 130 and we are currently trading at $ 128. That's more than 15% loss in two days. On the ETH market we can see the current trendline, that can direct us in the field of trading. The next few days are possible to get to this zone and if you are interested in shopping you can try it right here. Be careful, however if we break this line, we...