P action has printed in this price zone the last 12 days making it look like the bears have a ceiling on the bulls push to the north. simply, watching and waiting. The ATH trend line will be present itself in the next few days below the 10k whole number and the ATH halfway price point making for more resistance above to contend with. Note that a push above the ATH...
Here we go, After todays open we’re at the mid point of 2020, Q2 closes opening Q3 territory to play ball. Todays focus to look at future price movement over the next 6 months. and focus on form, quick write up today before the open; As seen denoted on the chart $10,000.00 whole number currently above p action, has been tested at the start of this year as well...
The clock is ticking to the end of the first 6 months of 2020. P action to close positive from Jan open. Denoted is simply the price zone I’m watching play out and bounce around within. That ATH trend line is now looming applying pressure to other traders profit targets and also stops. P action is trickling along with volume staying under 20 bill on the daily....
Q2 finalised and done in 2 days, new candle print on the monthly will signal the start of the next 6 months to wrap up 2020.,,, Yeh, let that sink in; The year of worldwide craziness. Bitcoin P action at present looks to close the 6 month journey from Jan in the positive. Focus is on P action flickering around this zone highlighted below. The resistance...
Happy Friday, 5 days Until Close of Q2 and P action printing heavy with a touch and retrace of 9k. The depicted trend line triangle is holding and price looks to open within the 12 candle print region again. Bulls need to spring off support to save itself otherwise that perch is coming into play, and a drop below will show very little strength. This is a...
P action has seen a -3.4% drop over the last 24 hours with volume increasing by a billion, the latter of volume is good as more participants or value is established and thus means the market was pushed harder by bears regardless of a price settle. 11 of the last 14 daily candles have printed in their price region of open meaning price likes this stable point yet...
P action is taking a breather at the upper realms of previous consolidation. Evident that if the bulls want to push volume needs to behind them (currently 17,002,716,930 of yuk..) grouping together more than previous attempts to the upper regions to bust 10k and beyond. Only 7 Days until Q2 comes to fruition with the halfway point being hit for the year. P...
With 8 days to go to the monthly close Bulls Dropping some numbers in the order book to increase volume over the 24 hr period by 6,000,000,000 which is great to see after what could be described as pathetic low numbers adding to thew catalyst of a slow drop. This is fresh for P action showing strength yet lets not forget about the incredible amount of resistance...
9 days to go to the monthly close being end of Q2 and halfway through 2020. Looking to be a slightly positive 6 month push considering the drop to 4k in March has seen the journey back up to 10k to currently stall. For the week we start the open candle print below the consolidation and as written last week ethics market with volume dropping also is in value....
12 days to go to the monthly close which is also the end of Q2. That’s right traders, we will be halfway through this year. Feels like 2020 has been 4 years in one already. Moving to the charts, BTC P action has trickled under consolidation with the print of two bearish candles however sticking around the consolidation zone. Really low volume again if this...
Short and sweet today as BTC needs to throw something decent down worth talking about. Trickle in price has seen p action drop as volume has decreased over the last 24 hours. P action is at the lower edge of the consolidation area,,,again. The longer P action prints within this range then either that apex will come into play or bulls don’t have enough steam to...
P action is back in the consolidation zone rising 0.69% but that is hardly the bulls taking control... Although they’ve had two positive days which leads to momentum as volume with orders dropped for the last two days has considerably increased since a pathetic 18,000,000,000 over the weekend. Take note of this past and where P action transpires, this still needs...
P action pushed up after a touch around the downward channel upper trend line (perch position) to retrace to current levels at 9430. This has sucked price into the previous consolidation zone that the last 19 daily candle prints has seen p action within. Bulls have pushed yet with the above resistance and the slant in P action it still feels heavy with bears...
P action on the daily showing a bit of a flutter with incredibly low 24hour volume (18,537,041,514USD) yet moving down below the consolidation area to look to open the week at 9350 area. Without a significant push in a direction then it's a bit of no mans land currently. Obviously there's a lot of talk about price zones/ predictions for BTC in 2020, yet to get...
P action closing -6.44% lower at Fridays open. Below price action finds Bitcoin going to have to come up with a lot of enforcers to push the bulls back through this to battle 10k. If bears hold position and push a little to the perch of the downward channel this could see a further drop over the weekends trading when other markets have closed. P action doesn’t...
P action has painted some bullish action with a hasty push down and up in yesterdays trading. We open currently around 9900. Bulls want to keep this action away from the below consolidation yet we know sellers are rife with orders above with a big sell wall at present. Today we’ll enjoy the battle until a move pops further… Focusing on the blue trend line to...
Bitcoin P action tipped above the consolidation zone at open but still better totting. For strength P action needs to look to the left and fill the wicks and penetrate 10k. A subtle Trend line play (in blue) awaiting price action to dictate a move. Sentiment feels bullish with this slight push up yet a break back into consolidation and a pop below may suck to the...
Bitcoin P action currently hanging at the top of consolidation making it nearly 11 days of settling in this price zone. A test to the low of the consolidation transpired earlier with a retrace to the levels now. With 10k looming above with resistance will need to see Bulls strength needing to attempt to push back into the inner upward channel (APEX). This is a...