LightningMcQueen510

LightningMcQueen510

Hello Folks, I thought right now is a good time for another update. As we approach 9k. over the past few weeks i been bearish. We still can go down when we hit 9.2k. But the price movement tells otherwise. The price has broken some key resistance level in the last 2 days. Which is healthy for bull action. Anyways we can still expect a downturn from 9.2k which...

LightningMcQueen510

Hello Folks, The weekly candle closed representing a bullish breakout. Though please still be careful if you open long here. We are moving in a zone which has been tested in the last few days of March i.e. 8.2k - 9.2k. As you can see price is going to try to break 8.6k if that happens we could go up to 9.2k at that point it's hard to say that the bullish movement...

LightningMcQueen510

Hello Friends, I would like to start by saying this, please do keep in mind we are still in a bearish trend. Unless we have some daily candles and weekly candles close as green we are not going to see long term bullish action soon. That said as you can see in the chart the next fib level is at $7234. The price could go down once it reaches that. however imo it...

LightningMcQueen510

Hello Friends, The bounce was a nice sight yesterday. But we are still in bearish trend if you take a look at daily and weekly candles. AS you can see in the chart. right now the price is just below fib level 0.236 if the price drops further we could hit 6.4 and see a temporary bounce back to 6.8 - 6.9. There is also posibility that price might go up in that...

LightningMcQueen510

Hi Friends, Today we are still in bearish trend. As you can see in the chart we are pretty much in a downward trend. Here is my analysis for today * 8300 is key support level it prices goes above that next stop would be 8900-9000 * What it looks like the price can hit ~ 7400 and bounce from there i would be very careful if you are bying at 7400. * If price breaks...

LightningMcQueen510

Hello Friends, Intersting day today as you an notice the price is between 8 - 9 k for the last few days. Please be careful when trading here. To me it looks like it could bounce from 8390 and go up to 8800. IF support at 8350 - 8390 does not hold the next fib level is at ~ 8200. It still looks like we are in a bear market. Thanks.

LightningMcQueen510

Hello Friends. Chart is for 45 mins intervals, as you can see a bouncr could happen around 8300. If prices breaks 8300 in next 45 mins next stop could be 8200 or 8k. These are just my observations. Thanks.

LightningMcQueen510

Next fib level is at around 8k put your buy orders around that be carefull though the market is still bearish