No BTT party till we get above the blue resistance, volume getting lower and lower, we could see a break soon. Im personally acumulating below 6 at the moment, no hurries in this one, it could take some time, but will end up going up.
As almost 90% of alts, IOTA looks pretty weak at the moment, main range broken down (blue line), with 2 clear bearish channels. Main objetive based in fibonacci projection is at 1160 sats, not gonna touch it until we reach there or we see some bullish price action
Not to much to add to what title says, historical range broken and pullbacked, with a clear distribution pattern in 1week chart. Fibonnacci gives an objetive below the parity, almost 0.93. Both objetive in chart. Good luck.
Any retracement to sub 10k area is a nobrainer buy imo, the entire move from 3.2k to 13k needs to be corrected in order to continue with a healty bullish trend, 8.4k area and 7.3k could be a nice spot, Good luck.
I've seen many people trying to catch the knife with VET, while bitcoin is still on a bull run and will keep that way at least till 11.5-12k, so im not gonna touch this. Price was not capable of moving back to the main range at 100 sats, pullbacked twice and moved down showing big weakness. Main objective for this downmove based in fibonnaci projection is at 40...
If todays candle closes above the mid range at 273 as it currently is, next objetive shoould be high range at 410 as first tp, and second one at 480 in case it smash the range. Looking good for now.
Previous R/S holded really well and provide us with a nice scalp, any pullback to 15k area looks good for a swing to the top area. Entrance, both objetives and all info in chart. Good risk/reward for sure.
Price strongly retraced back to the 6k range breaking downtrend resistance and horizontal S/R, all with increasing volumen, drawing a deviation to 3k. Price is above 100/200SMA in weekly, with a three White Soldiers formation. The bearmarket looks more than over, but we Will probably see some shakes before the market starts moving up. Any retrace to 6k zone is a...
A simple chart that shows the 2 main scenarios for bitcoin for the next year IMHO. Price needs to reclaim the 6k area and CLEARLY hold, closing above that 6k low range in weeky candle and showing strength, and we could be talking about the start of the new bull cycle. But if the price doesn't hold above 6k, and starts loosing that area without closing clearly...