Dinore

Dinore

Result of all day fight between bulls and bears is a GRAVEYARD DOJI, the candlestick we must take seriously! If the price trade (and close) bellow the doji, then we can expect further fall down. Please, be careful!

Dinore

As we can see on LTCUSD 3h chart, bearish shooting star is formed after a bulls rally. For now, PRICE TRADE BELLOW SHOOTING STAR'S REAL BODY, which is confirmation of bearish pattern, and if latest candlestick close red, then it will be a stronger bearish sign. Bull trap?

Dinore

Bitcoin is approaching its main resistance zone (orange line on the graph). Next 48h is very important: BTC could continue its upward trend or decline to lower support zone (possibly 6k). Watch closely next 48h!

Dinore

After a rising pattern (recent days), LTC was facing 2 bearish signs yesterday night: 1. Price was rising and volume was declining = uptrend (bulls) weakening! 2. Bearish harami cross closed yesterday's trade. Harami cross is considered as a strong reversal sign. And the pattern has reversed. How long, we will see. Share your opinion.

Dinore

Does BTC bounce back from a long-term support line? What is your opinion?