cryptodrawer

cryptodrawer Updated 

Hello traders, please hit the like button if think this idea is useful. Bitcoin is back above the rising trendline, currently the 50 MA is acting as resistance, but we are also getting supported by the 20 MA. As you can see on this 2h chart, we are in a bull flag pattern atm. If we get an upwards break through this bull flag, we could als break the 50 moving...

cryptodrawer Updated 

Hello guys, please leave a like if you think this idea is useful. Bitcoin worked itself back above the trendline, wich is now acting as support. We have been rejected by the 50 moving average. If bitcoin manages to break through the 50 moving average, it could have a pump to $7200, and if it breaks that resistace level we could go up to $7300.

cryptodrawer Updated 

Hey guys, please leave a like if you think this idea is useful. The last two days we have formed a head and shoulders patter, we fell through the support level of $6770 and $6740. We bounced back on the support zone around $6690, I think we might retest the resistance level of $6784. As you can see on this 3h chart, we formed a bear flag , so we will probably will...

cryptodrawer Updated 

Hello guys, please hit the like button if you like this idea. I found a similar pattern as the one we are in now, This is the pattern that we are in now: As you can see, we are currently in a rising wedge and we are testing the support. We could have a pump to $7400 before we get a correction, but either way I think that the possibility of falling is...

cryptodrawer Updated 

Hello guys, I found a cup and handle pattern on the 30min chart. So that's bullish on short term. If litecoins breaks the next resistance around $42 it could easily move up to $43. If it hits the resistance level of $44 it will probably get a correction, because bitcoin could drop anytime ( see following idea) Leave a like if you like this idea, I hope it's...