speaking_tree

speaking_tree

Btc is hanging in the blue rectangle. This is an important area for bulls and bears. In this area we had a lot of spikes, so is an high volatility zone (yellow circle). The h4 chart has some bullish stuff. 1) DI shows that bulls are in control. If the purple line, crosses above the dotted line, we will have a confirmation of the strenght of the trend 2) The...

speaking_tree

The actual sentiment seems to be bearish. As you can see on my past analysys I gave 2 scenarios: The bullish scenario is still possible because btc hasn't broken the last important level. As you can see i said that 9600-9700 is the last level to see a bounce. If btc will break this level, i think that will reach 9000 quite quickly. But let's see what we have...

speaking_tree Updated 

Bitcoin is going through a particular period: Bakkt rumors, Bitmex investigation, Bitfinex and the NYAG, so in these days the best trade is no trade. We need clarification before any action. Any position could be a risk. I have some levels that I am watching to make a decision. First of all, looks like we have some similitudes with the pattern that brought the...