I think BTC continue down and sooner or later will get liquidity at 24k.
1- BTC go up to 26500 (Hunt) then downward to 24k
2- BTC slowly go down without getting some hunt and reach the 24k
If you are high risk trader, you can open SHORT from here. And if You are safe trader like me, then wait for some hunt...
CPI is on sight, and I expect volume increase. We have two conditions:
1- price go down and big volume appear in the market, then we can think about LONG position
2- price go up and big volume appear in the market, then we can think about SHORT position
Please be cautious.
Bitcoin has been in a price range for a long time. I think it will move lower after bitcoin traps the sellers. Of course, it may move slowly down and hit the PoC.
PS: Always do your analysis.
Hi everyone, Its been a long time!
Crypto market finally woken up! My tools tell me this market is going up anyway.
Right now I've opened a position, because for me it's clearly a bull market. But be careful! The market may be a little tense, but eventually it will go up.
This is just an Idea, So be careful!!
Dash at the good place for open long
you can wait to retest the line then open position or open now, but waiting for retest maybe more safe but it is possible that we go up without retesting the line!
I personally open position right now
Good Luck, have fun
ALGO looks very interesting. he broke the trendline and now testing it. so it is very possible that ALGO go for the yellow lines!
but be careful cuz its maybe a false breakout and continue his way down to create head and shoulders pattern
This is my though so before any trade do your own analysis
As you can see BITCOIN got 3 big volume and after each the the price pushed to the top. and also we saw a trap at the bottom for Stop/Loss hunting.
in my first scenario that i personally like it( the green one) we will see a break out to the 52..58k
in the second (the red one) bitcoin will fall to 40..37k
Bitcoin dominance also going down a...
as you saw market drop so much and a lot of people get liquidated.
my idea for XRP is that ripple will drop more and more. so i personally open short position
but be careful for now and wait till tomorrow to market get calm and after that open your position
this is just my idea
today we saw big drop as you know and alot of people get liquidated.
RSI, MACD and others are in favor of bears so be careful friends
my idea is LTC will go around 200$ again and then i expected a massive drop to 120-130$. so 120$ should be a nice place to open long
as you can see BTC break the uptrend channel
also RSI and PRICE trend are opposite with each other which is a sign that the trend is reversing
CCI and volume also saying that we are ready to go down
so I think soon we will go down to 47k
if you want to enter the short wait until we reach the 48600
this is just my idea so be careful
I see some people saying this is going up or something like that but my TA saying XRP will go down to support zone even a pullback is possible cuz of overbought,
RSI also showing bearish and fear & greed index right now is high (72)
so later or sooner we will go down
btw do your own analysis and like always don't be greedy