Upside Price Target: Resistance Trend Line ~ $39.2K MACD is about to cross over. RSI is directed towards the 50% and possibly move directly towards the 80% level. Measured move from this triangle may bring Bitcoin to $50.3K More power to your trades, my friends! Ron Intrepid_Trader
Bitcoin now re-testing green trend line (support). Breaching this support may bring Bitcoin down to $34.5K level (Blue Zone). For trend to reverse, price must go above the 21 EMA and the yellow dashed extended trend line. MACD has passed the zero level and may continue descending. RSI has passed the 50% level and may try to reach the 30% or 20%...
Support has been confirmed. Measured Move Upside Price Target: $41,400 A Pull Back should be expected towards the 21 EMA on this 1 Hour Chart. Remember to move your stop loss accordingly. More power to all your trades, my friends. Ron Intrepid_Trader
Looking at the 14.5 as entry if it dips. Looking at 16.4 when it pumps More Power To Your Trades, My Friends! Ron Intrepid_Trader
Staying Above The 21 EMA Could Spell A Blow-Up To 29% Criteria: 1. ETC must break to the upside. 2. ETC must stay above the 21 EMA. 3. MACD must continue to stay above 0% as it currently is. 4. RSI must continue to stay above the 50% level as it currently is. Exciting Times Indeed! More Power To All Your Trades, My Friends! Ron Intrepid_Trader Fibonacci...
For Bitcoin to continue it's upside journey, price must stay above the 21 EMA. Bitcoin must pass $36.6K to create a higher high confirming a short term trend reversal on this 1 Hour Chart. MACD is about to cross the zero line moving to the upside. RSI is now above 50% and may continue to push to the 80% level before reversing. Upside Price Target:...
600 EMA (Red) held as strong support. Upside Price Target: $43,125 (price must pass neckline - white line) Downside Price Target: $30,100 (possibly lower) Watching the Yellow Dashed Trend Line. Rejection from it nullifies the H&S pattern and will push Bitcoin price further downwards. More power to all your trades, my friends! Ron Intrepid_ Trader
Downside Price Target: $24,390 Upside Price Target: $28,389 More Power To All Your Trades! Ron Intrepid_Trader
50-50 Upside/Downside Price Action Downside Price Target: $24,386 (Golden Ratio - 61.8%) Upside Price Target: $30,251K (Golden Ratio - 1.618%) More Power To All Your Trade My Friends! Ron Intrepid_Trader
Upside Price Target: $24.4K Downside Price Target: $20.6K Watching for a Bull Flag pattern at the bounce at the 50 EMA. Trade with extreme caution! Ron Intrepid_Trader
The diagonal Blue Channel has previously acted as support and resistance multiple times and is currently posing as support. For trend to change from Bearish to Bullish, price must cross the 21 EMA, pass $18,650 and stay above it. Price had re-tested the 200 EMA, and seems to have bounced off of it for now. Upside Price Target: $19.9K (White Resistance...
Rebound or Dead Cat Bounce MACD on daily chart is way above the ZERO level, more downside price action potential. Trade with extreme caution! Ron Intrepid_Trader
Price currently re-testing the 50EMA (the 50 EMA previously held as strong support). Upside Price Target: $21K Downside Price Target: $17,240 Stoch RSI at oversold conditions Happy trading! Ron Intrepid_Trader
Watching the green dashed extended support trend line, this must hold support else Bitcoin will retest the 200EMA Curved line must be breached for higher prices to ensue. The 50 EMA has held support for so many times. Ron Intrepid_Trader
Strong 50 EMA Support on 4H Upside Price Target: $22.1K Downside Price Target: $17.6K Fear and Greed Index Level: 92 Trade with extreme caution! Enjoy the weekend and stay safe always! Ron Intrepid_Trader
Upside Price Target: $20,585 (@ 1.382% Fib Level) Downside Price Target: $17,425 (Previous Support & Resistance Level, Convergence with the 200EMA on the 3H, and the 1.382% Fib Level) Market highly volatile! Trade At Your Own Risk But With Extreme Caution! Ron Intrepid_Trader
Run phase now, minimum upside price target: $21.5K, extended pump could bring Bitcoin up to $22.2K $1.786% Fib Level. Price breaching the broken green extended support line could bring Bitcoin down to the 61.8% Fib Level @ $17,458. Trade with caution! Ron (Intrepid_Trader)
Bitcoin is currently in a short consolidation phase and re-accumulating for the Thanksgiving weekend. The 61.8% sits at $18,320 which could eventually converge with the 50EMA on this 4Hour chart. Watching the green dashed extended support trend line as support. Trade with extreme caution! More power to all your trades. Ron Intrepid_Trader