Bitcoin had a few opportunities to wind up the price but it failed. The volume is still falling, the bulls need a big green candle for the price to rise successfully.
In short term, ready for down... If u have interest in live signals 24/7 msg me on PVT.
We saw a nice bounce and good support, staying above the red line will give price some momentum. Anything below the white line can trigger dump. Let's see how it goes in next couple of days.
Looks there is some lose of buying power...will wee see channel bounce or some sell pressure? Some hours left to finish weekly...let see how it will play out :)
Some room to go up, nice bounce to start weekend :)
Now BITCOIN is in a good position to see a bit up, then prob. $10550/650 can trigger dump and rising wedge will be completed with target $9250. Let see how it will play over the weekend :)
Not much to say, the price is still within the limits where a price increase is possible. But the limit of the fall is thin. BITCOIN will have to make a bigger rebound and beat $12k or you will have some discount again when buying in the near future :)
Nothing big has happened in the last few days, BTC is still in the same sections, but time is slowly running out. something will have to move, preferably with a larger volume. You can see one of the possible pattern options on this shorter time interval, but it's just an idea, a dark one :) When prices reach new highs (or no lows) on decreasing volume, watch...
There was a break out for sure... but, is it real one? ATM looks "big fake out" is still on the table... GoOd LuCk! Base Idea:
No need to talk about it... Everything is possible, just dont wanna see price go under red line (2y+ downtrend).
Still moving in same range for some time now...maybe a chance to go higher for few 100 points...
Step back view is sometimes the simple one. Like always, there in never perfect and clear vision of direction in short term, so sometimes is easier to see it from the distance. At the moment on higher time frame we can see that big triangle is closing soon and price will have to go in one direction, sideways will not be an option any more. Halving is knocking...
Now we can definitely say that BITCOIN broke through the bearish trend and resistance that lasted for two and a half years. This red line may not be quite accurate, but it was definitely a breakthrough and a rebound which looks very promising. There is a possibility of a false breakthrough, but as long as we remain above the ex resistance, now the support, showing...
Maybe last line of defence for bears. If price break 11k, moon is not so far any more :) Good Luck all
Trickey play is coming for next time period :)
LINK has done some good profits, and there is still room for more of it. Now is still in a correction wave, currently going up for max. few days (maybe 30%), then price can probably drop down to max. $1.15 or so... If that will be the end of the 4th wave, don't forget to buy a ticket ride :) The grey arrow has a low possibility to go straight to 5. Hit the LiKe...
EMA200 was the key for the end of correction, now going to the point 5. Following old idea: