Probably today the price chart will come to test the dynamic support at 8060/8032 USDT
Long-time forecast for the next halving_
We are close to quite an important historical moment of the price very close to the end of the triangle drawn by the price trend in recent months. Today we are again under EMA200, falling sharply and it is therefore probable that if the historical support of the 8756 is broken it will fall again. If the trend of the Trend (obviously between high and low) will...
BTC USDT, Bearish Scenario. Without further manipulation, the scenario indicated by the triangles and historical supports would seem plausible.
The bearish triangle generated a double top that is now testing the last resistance. The graph is difficult to read and quite different from the one relating to the BTCEUR which I observe by comparison.
The Highs A, D did not exceed the general dynamic resistance expressing a downward trend. At this time in correspondence with C, a Double Top can also be noticed, which has actually triggered the current downward. The probable downward race towards D for a new fall to lower levels.
BTC EUR, It goes down a few more points. An opportunity for those who open in Short on Day Trading. New hidden bearish divergence on the Time Frame at 45m. A sign that we are most likely close to a further drop of a few more points, it would also be in line with the decline in the Capitalization of BTC and the Trend. We will see over the next few hours. General...
BTC USDT, It comes down a few more points. An opportunity for those who open in Short on Day Trading. New hidden bearish divergence on the Time Frame at 45m. A sign that we are most likely close to a further drop of a few more points, it would also be in line with the decline in the Capitalization of BTC and the Trend. We will see over the next few hours.
Are we close to the distribution phase? I believe that by now we have reached the final stage of distribution that has lasted for days and the head shoulders (inside the distribution channel) seem to confirm the general reading. Today also a hidden bearish divergence on the oscillators. For many info: www.tradingview.com
BTCEUR - Into Bear Flag, Previsione for a Short Position from 7.150 EUR to 6.080 EUR, (-14,56%) BTC comes out of a very marked flag of about 73 days. The output, about the movement that took place later, clearly defined a FLAG POLE and a fairly marked BEAR FLAG is emerging which is now 26 days. By performing the FIBONACCI tracing on the flag pole and reporting...
Still within the bear flag. Possible bounce at 7,5k Euro in the next 4 days. 3 cycles with regular divergences on the same periods. Now enter into the 4°cycle.
The slight break of the 7.4k support indicates that the horizontal movement of the last few days could change to a new value collapse. In recent days we have seen attempts at bullish movements but without success. In fact, it can be thought that the bearish trend will win to confirm the current downhill channel again. #surfthetrend #trendsurfer #coinbasepro #btceur
True it is scary to see the BTC run as crazy down. It is difficult to remain calm and choose to maintain positions. For some it is late to sell, for others it is early to enter. For those who remain it is panic. Panic selling is lurking.
Inside the bearish channel - Possible next support to enter long The downward movement could bounce on the next dynamic support identified by the new bearish channel. The Collapse is very fast and marked so it could continue. It's bizarre and unpredictable at the moment. However, it will be a great opportunity for those who succeed in entering the right moment,...
BTC Break down of the triangle. Soon A good opportunity to enter. BTC downward movement towards 8.1K Euro ÷ 7.6k Euro. An adjustment that breaks down the horizontal movement that had lasted for days. The market will prepare for the next rebound. Wait for confirmation of the next supports at lower levels to enter BUY (8.1K Euro ÷ 7.6k Euro). The rebounding...
Will history repeat itself? In November 2018, the SEC's communications and the uncertainties of the moment brought down the value of BTC by more than 50% before the next Bullish moment. Today the conditions are very different. Let's see what happens. In the case of a possible simulation.
We are at the end of the triangle. Soon we will be able to attend either a big bullish or a super bearish. I believe more in a rising phase if the dynamic support traced by the side of the triangle will stand. Bitcoin and technology are becoming increasingly popular and bitcoin mining costs and related industrial activities are in full expansion. Let's see if it...
A possible long position in the next 9 days up to 10k Euro, around the value 0.5 of Fibonacci.