As of now we see a breakdown out of the rising wedge. With a price target of approximately 20.4k were we also find a support level. But if we re-enter the rising wedge we might be able to break above 21k Trade safe!
As we see a rising wedge forming we can finally see some prices to watch! If we break to the downside we can expect to retest the 20.4k again. But if we break to the upside and make a high above 21,090k we can see a swing to give or take 21.2k Trade safe!
Yesterday we spoke about the upwards swing due the the good numbers that got released. Our target was 21k what we just hit! What's next? We need to break and flip 21k to see more upwards momentum were we could see 21.5k and 21.8k. If we fail to break 21k we could see 20.4k again. Trade safe!
A few days ago we spoke about some key price levels to watch closely. One of them (20.4k) was broken down but got a quick recovery due to the new PCE inflation numbers at 5.1% when 5.2% was expected. We could see some upwards momentum to 21k. If we break it expect higher levels but if it fails to break expect to see 20.4k again. Trade safe!
A few days ago we spoke about that Bitcoin was falling out of the rising wedge. We had some key price levels to watch. The first one was 19.4k and we did hit that one. The second one is also the one that is the target from falling down the rising wedge at 19,750k I think that 19,750k would be the "bottom" and see a reversal back up. But a wick to 19.5k can be...
Yesterday we spoke about some key price levels to watch. One of the major resistance/support level is at 20.4k. Right now we are seeing that this level is holding on quite good! But we broke the rising wedge and the price level would be at our second price of 19,750k. So for us to not see this level we need to shoot back up in to this rising wedge. Trade safe!
Right now we can see that Bitcoin is trying to break down. Breaking this rising wedge would bring us to our first price target we spoke about yesterday of 19,750k! Let's see if this plays out. Trade safe!
Well we see Bitcoin forming a rising wedge. Momentum is slowing down and volume is going down. Does that mean this was it? Jup but that's good! It can't just shoot up in one line all the way back to 69k. We are going to see some retesting. This are the levels to watch: •20.4k ●19,750k ●19.5K •19.7k The 2 specific levels to watch are 19,750k and 19.5k if 19.5k...
Right now we see some major key price levels being broken. But looking at the weekly time frame we don't see that much volume... we are seeing on the Binance chart a volume of approximately 900k but when we see some big move the volume is around 1.5 to 2 million. We have way in this week so we might see some more volume kicking in but we don't see that much volume...
A few hours ago we spoke about the triangle that was breaking down but it turns out of a fake-out! So what can we expect now? Well we broke 19.3k! We could see a retest of this price level. The next upwards target to watch is approximately 21k Trade safe!
Yesterday we spoke about 3 price targets to watch closely. One of that price target is 19,750k well we can expect this level quite soon! We are seeing this triangle beginning broken down and the price level it's going to is exactly 19,750k! But to the upside if this is a fake breakdown we need to see 20.4k to be broken and retested for the next upwards move....
So we have seen this incredible upwards move and broke some major key levels! But what now? Well we need to see some retesting. We unfortunately can't just shoot up not testing some levels. This are the levels to watch closely: •19,750k ●19,5k •19,3k If we break 19,5k we could consider this pump as a fake-out. This is where we are seeing the downtrend that is...
This is absolutely insane what we are seeing right now! We broke the downtrend that was in place since we hit 69k! But is this the beginning and is the bottom really in?! Well we need to look out for a few things! We need to make a retest of the downtrend line marked at 19.5k. We can see a retest short or we can first see some prices of 30k before we see a retest....
As of now BTC has broken the downtrend that is in place! But be aware of trading this wait for the conformation!
Bitcoin is getting ready to finally break this downtrend that is in place all the way back from 69k! Breaking this with enough volume could bring us up to 25/30k within hours!! Trade save and wait for the conformation!!!
Right now BTC is still at our level of approximately 19.3k we need some volume kicking in soon to break up. If we are able to break 19.5k we could see a very big move! What move you might ask? It's the big line with the price label 19,564k. This line is all the way from the top (69k) to where we are right now. Breaking this line with enough volume could send us...
Yesterday we spoke about losing 19.5k and making a retest of around 19.3k what would be healthy. As of now we did retested that and we are looking to go back up and flipping 19.5k
We spoke yesterday about the lack of volume. This is due to weekend trading. But right now we can clearly see volume kicking in and BTC hitting our first target at 19.3k and our second target at 19.5k. What's next? BTC needs to hold 19.3k for us to see our last target at 19,750 that we talked about. If we hold 19.3k and are able to flip 19.5k we are clear to...