DOGEBTC Seems bullish on the weekly chart. I had a long position open from 26sat for a small amount.
(It is just my opinion, not a/an investment/trading/financial advice. Do your own research before trading any cryptocurrencies; trade safely.)
Seems like BTC is moving towards 10580 range.
Also, if add the current fall in price (i.e of ~2.35%) to the price before it fell down (i.e ~10330), you will get around 10580 range :).
(This is just my opinion, not a trading/financial advice. Please, do your own research before investing in any assets.)
I am not trading right now... Will long if it breaks the resistance. Looking at support levels, BTC will break the resistance soon. I am waiting for confirmation.
If BTC could not break the resistance by Friday evening, we may see fall in price till Monday.
(Just my opinion; not a trading/financial advice. Do your own research and use due diligence.)
If we surpass this resistance level, I think 17000 is not so far.
Surpassing this line will invalidate both the patterns. This will change the sentiments for existing investors and at the same time, BAKKT may give enough power via institutional and new investors. Also, we need to focus more on FA than TA on the current situation. I still feel it is possible to...
What if point "B" is replicating point "A"?
Point A and forwards shows the BTC rally to ATH from 3000$ to around 20000$ post the BTC halvenning of 2016.
At point A, somehow similar to now, the price was going down, expected to touch the support zone but it bounces back before touching the bottom. There is a rise of ~80% and correction of around 12%, again rise...
MACD Histograms are below 0 for almost four days. As per me, it will crossover soon, triggering bots trading breaking all the resistance.
There has been a quite good support and resistance at these levels; the triangle is narrowing and people are waiting for some movement (up/down) for starting the positions. Similarly, bitmex funding rate is quite high. People...
XBTUSD: Looks like another break out is not so far
A-B line shows nice support on both hourly and 15 minutes chart. Similarly, C-D shows nice support for midterm too. So, I feel like another break out is near :)
(Want to learn together; share your ideas and opinions on the comment section.)