✍️ Let's not over-complicate things. Many indicators are showing different scenarios.
👌 BTC is moving in this consolidation pattern that looks like an ascending triangle.
✅ Its a bullish continuation pattern with higher chance to break upwards.
Should this happen, we target $10500 zone.
Should the opposite happen, which has lower probability, we...
I've tend to bullish from 8,900 with 8,400 being a support from previous breakout. There's higher lows and nice bounce from ichi clouds on multiple time frames. However, once we get above 10,000 again and hold that is the level to break to confirm bullish trend in the long term in my opinion.
A break below 9,000, which acts as support and then a final...
#BITCOIN Saturday Review
$BTC isn't overbought at all and still strong enough to defend $9400 - $9500. If the triangle is broken, we can see some growth till $9800, maybe a bit higher.
The best trading solution is to go long after the retest of the triangle resistance.
#BTCUSD: Looks to be building out an ascending channel
#Bitcoin still remains bullish after a show of high volatility on these complex events; the bitcoin halving, Paul Tudor bought bitcoin, JPMorgan bank takes on Coinbase, Gemini as its first crypto exchange customers,...
Two possible scenarios
Retest 8,400 and bounce on the uptrend support then we most...
First long target was reached and if you have opened a long, I recommend to close it until the situation becomes clear. Bulls are struggling to gain a momentum, while bears are killing the order-book. Convergence is in play and huge gap is above, however, the price is moving to $8500 region again.
If it reaches and breaks this support, this will...