Bitcoin is forming double bottom as shown on hourly. It has failed to close daily above downtrend line and things are starting to look bearish, but that doesn't means it's game over for bulls. It might still bounce back after forming double bottom at 10,300.
I'm watching price action carefully and this is one of the possibilities. Happy trading :)
As we can see on the 4 hour chart, bulls are failing to cross the resistance at 11,000
Three doji's at the top, implies a failure and we'll likely witness a fallback.
Remember that Bitcoin is bullish at the moment, so this will be a risky shot.
Another indicator to support this short is oversold RSI at 4 hour chart.
Happy trading :)
Bitcoin dumped pretty badly and touched a low of 7,610
At hourly, what we've have is a bullish hammer followed by a green confirmation candle.
This implies that a reversal is in place and allow opening long trades.
I'm waiting for confirmation candle to finish before opening any new position.
I'll share my buy price once this candle is over. Happy trading :)
Bitcoin price fell from 11,217 to 9,616 However, price bounced strongly from days low to 10,281
The support line that broke at 10,000 is once again building up allowing opening long trades.
This, however may not be the end of correction, so use tight stop loss and watch price action carefully.
This is not a trading signal. As we can see in the chart, bitcoin price just popped the upper trend line.
If we manage to close the day above it, it'll be a long signal. I'm keeping a close eye on the charts.
We'll take position based on how it close the day. Happy trading :)
Today, Bitcoin made a low of 9,900 followed by a bull run of 11,427.
I'm looking at 1 hour chart and the green candle I'm pointing at resembles a gravestone doji, implying the bulls are tired.
Short is confirmed by the following red candle. trade active at 11,294
To support this short/panic whatever you want to call it. In addition to China, Korea, we've now...
As you can see in the weekly chart, CLAM is one of the few crypto's that are still bottomed out in this bull run. What makes CLAM special is the limited no# of coins it has According to coin market cap, I'll list the circulating and total supply of this gem:
16,519,682 CLAM : Total Supply
2,803,799 : Available Supply
Yea, you've read that right. It has just 2...
I'm excited to share EDG BTC chart with you after successfully reaching all 5 targets for (LUN BTC)
Volume is increasing and EDG is about to make it's final move (E). Below are some news to fuel the growth
It's not confirmed yet, but EDG is supposedly being...
Weekly graph shows that Lunyr has been oversold and is now trying to break out the resistance line. It's recently listed on Binance. Given are the fib targets. I'm expecting a big move sooner or later. Limited supply, which makes it undervalued coin at the moment. Happy trading.