BTCUSD 3-Day; Yesterday's close has formed an Evening Star Pattern. Evening Star is rare pattern to be found on bigger time frames and is considered reliable Trend Reversal. It's a bearish candle stick pattern that consists of three candles ; a large green candle, a small bodied candle (Doji) and a red candle.
The current levels of support to watch is $38k area,...
BTCUSD INDEX 3-Day chart the first key level resistance is $ 25.3k, was Bitcoin's first test. Our breakthrough candle was on March 17, we are trying to print our confirmation candle. We have not confirmed that we have passed our first test, still 2 days left for confirmation candle to close.
We have a bigger test and more important key level which is around $...
Rising wedge identified on 4 hour time frame. Bearish divergences on different timeframes seen. I will be looking for a sweet short from here, technical target for rising wedge is $24,688. However in my opinion we will test the $20-22k area before further upside. BTC had a crazy run last few days, a good correction is due indeed. Not a financial advice. BTC...
