OrcaCryptoTrader

OrcaCryptoTrader

Hello world. So bitcon moved as we predicted last few times. Now if you look at order books some bulls are trying to show strenght, but it seems like a bull trap. Object is still more downtrend. Nothing dramatic but all seems that we are gonna re-test 9000 usd zone. After that we will again take a closer look and see what the chart says. Great weekend everyone

OrcaCryptoTrader Updated 

Hello world. Bitcoin reached our previous target. As we can see volume didn't increased since and oscilators actually shows sideways. but there is correlation between old markets which I think could be rejected with these prices.

OrcaCryptoTrader Updated 

WE can see pitiful volume after reversal. So we can assume that Bitcoin gonna re-test marked zone.

OrcaCryptoTrader Updated 

Perfect spot for entering long position for Bitcoin.

OrcaCryptoTrader

Bitcoin shaked out and liquidated stoplosses, long positions again. Since there weren't mayor selloff then we can expect it to climb back in the chanel and re-test the 9800 zones. I'm expecting nothing dramatic will occur,. MAybe even FX guys will move profits from stonks to Crypto this time,

OrcaCryptoTrader

We can see Theta Breakout. Targets market with green. Stoploss almost no needed.

OrcaCryptoTrader Updated 

We can see small uptrend ahead of us since Bitcoin is holding in the channel and found a local support.

OrcaCryptoTrader

still the same scenario Bitcoin can't break or even touch the next level, so the only logical step is to fall in lower one. we can also see the support outside of the channel. and if bitcoin breaks out the channel we can expect it to fall directly to that support

OrcaCryptoTrader

WE can see the poor performance of Bitcoin and it could move in the direction as pointed on a chart. Channel could make candles bounce, but I don't think so. let us seee

OrcaCryptoTrader

Bitcoin can re-test the lower line of the channel. The momentum is gone now, and after a test of the lower level, we could see a great bounce.