Bitcoin current down Trent might continue until it hits the top of previous pivot as support level It seems to be clear that the break out above the pivot high gave bitcoin the momentum to push up to a higher level. Confirmation of down Trent is a break below pinbar on daily time frame
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The major pullback or rejection of lower levels is a clear sign of what happen at price 4114.67when market dropped and pulled back creating a pinbar Clearly a fake to make people think bitcoin is gonna go higher Second stop hunt was to get those at lower level close there deals also Currently we looking at a change for more upside But the truth is We also...
Let's see if current candle close as doji and next cand breaks resistance level as seen If so the pullback will be to the top and a possible bullish movement to the upside will happen Other wise this will be a normal test of support that turned into resistance
Second doji forming on daily time frame We have already astablished that from the lower times to daily three is we're strong bearish candle patterns We also know that at the high there is a bullish check mate THE pinbar for is just a stop Hunt to insure that market can collect on cash that has been lost by people who SL HAS BEEN STOPPED OUT BY THE LOW OF THE...
If you look closely you will see a descending wedge At the top of btc move you will see interceting lines forming and on every point we're the market seem to make a move to the upside It seems to me that every move higher is being tested to see if a further move up is a good idea I see three intersection on bitcoin. Look carefully Info show to me that there...
Doji has hold into the new day A close at the end of the day below daily doji will be a confirmation. Of a drop down to lower levels Also look for break of support level on 4h chart
As long as 39558 is support the trend will be up A break here will see down side prevail
Bitcoin seems to be at the end of its upwards cycle. Massive wedge has been formed moving upwards Only out come is a drop from the to of the range
Look for the next session to be close below the doji forming on btc today If the market holds the lows and the next days candle closes under doji Froming a evening star I believe we will have a weekly or a few days of downwards trending market
Candles on the 4h chart is showing Bullish momentum loosing stem Market has mad a doji with a long upper wick Next candle opened with the market moving to the lower side A close below doji is a very positive sign of market dropping On the daily chart you also see a doji forming LET hope this doji hold till tomorrow So that we can see a drop a massive drop for...
Current highs Has more bearish closes than bullish Making resistance level more substantial If market breaks through a good idea is to Good idea is top move up stops If doji is formed at resistance becarefull for a possible pullback to lower levels idea light up on longs
Bulls is struggling to hold the high Seems like bullish check mate if this continue Until tomorrow you might see a drop
After retest Contination pattern was formed Market might break through resistance If break happens than bullish market is confirmed It would be a good idea to light up on longs
Bitcoin seems to be busy with trade setup to the upside Candle pattern confirm a possible resistance area that the market is moving to for a retest LET see if it hold or break If it hold its bullish break ould mean a move up on the next one or the wise a drop down
Bit count is clearly looking for a bottom to test before it makes its next in line upwords I say it will still go down equal to pinbaar or just a little lower before it pullback to continue its upwards climb