Hey!~ So morning was pretty fun, it was some kind of manipulation or stop loss or drunk trader, but anyways, we lost daily gains in a few mins. WHat to expect now? Probably bounce a little bit up or at least ~10250 zone. By the evening we should see triangle breakout either up or down, that would give us a segnal for future movemont, but for me it is already...
Hey there, we are moving in the channel, mostly like we hit 0.6 fib by tomorrow, and expect a little bounce up.
Breakout of upper line of channel will be stop loss, could be a little inaccuracy due bots.
It was 2 weeks of euphoria, sunny, happy clouds ,bulls were raping all resistances but last one held well and now we going down now, probably last stages of correction, dunno about final destination but it could be lower due the panic on the market. Happy trading!
Hey! I think we don't have any more fuel to keep this bullish movement. RSI overbought for downtrend again,there is also divergence, price bounce of second strong resistance, even though we passed EMA50, i guess we are done and we going down now.
Hello there! Looks like we reach second strond support/uppertrend like so mostly like we are in consolidation period for now, formed by fourth elliot wave, so yeah. let the train back up a little bit.To make sure for a price moving up we are allowed to open long trades at 7000 zone when we breake a lesser downtrend line. we got like 3 resistance line till 9000...
In our world, you can not be sure in future one hundred percent. With the growth, demonstrated by bitcoin, it is so unnatural to keep gettin ATH for now. Some people took a lot of profit on the top, and i hope there is no surprise for you if someone gain money, someone lose them, it is how the any market works. The King need healing, so let it be. Good luck.
Traders struggle for the future of bitcoin. what do you expect in future? how long does downtrend keep bitcoin in this area? Where are the big whales and why dont they throw money into our bubble. I hope soon we will get answers all questions that in our minds.For now people, we are cleary in downtrend, mostly like we are going down, good luck!
Hey! This is a short term trade. There is a 2 lesser supports, and two major onces. depends on the bitcoin future movement, we can either enter long or short position, the conformation will be breaking lesser supports line and price mostly like will move to stronger support lines.