H1 timeframe, trendline was broken and re-tested at the same time Shows that the sell is temporarily in the lead However, it still does not affect the long-term timeframe,the body of D1 candle yesterday was red but quite small, not enough to cool down the market. The slight shaking caused by H1 is also the corrective wave that I said in the previous posts. This...
BTC ended the month with a $5000 green marubozu candle which is positive signal in long-term. This month's candle carries two big responsibilities 1. Breaking Bitcoin's ATH peak 2. Perfect the Double Top pattern - the long-term bullish signal With the huge monthly candle, we cannot deny that there will be big fluctuations in BTC and Altcoins in the near...
So Monday has come, this is one of the four important times of the month when the weekly candle is formed. Let's see what last week's candle show. Within 40 days, we have 3 beautiful green Marubozu weekly candles - a symbol of overwhelming strength of bulls making the whole crypto market extremely excited. During this time, the capitalization poured into BTC a...
Yesterday, BTC broke out of the triangle pattern and continued to rally to the 17k9 demand zone Breakout 18k1, BTC will continue rising to 18k8, which is also the next resistance
In H1 timeframe, price has formed a Triangle Pattern Breakout out of this pattern will be the next direction of BTC Waiting for breakout confirmation
Currently, BTC is reacting to $19000 - $20000 resistance and RSI divergence which create a correction We have a confluence at $17600 - $18400 which is the closest support for BTC on a small timeframe BTC is still in a mid-term uptrend There hasn't been any signal of reversal yet, so it's necessary to be very careful when trading against the trend