If BTC won't recover by Monday, it will drop to blue support.
If it breaks above trendline it will hit 43$ soon otherwise it will create a nice short opportunity down to 17$
As you can see in the chart we are in a symmetrical triangle waiting to break up or down. At daily chart , RSI is testing it's previous break out point and if it bounces off from there we will see another nice bull run. Break 62k and staying above right now is very crucial to keep the bull momentum. Otherwise we are seeing a downside to 58 -59k range
As you can see in the chart we are in a symmetrical triangle waiting to break up or down. At daily chart, RSI is testing it's previous break out point and if it bounces off from there we will see another nice bull run. Break 62k and staying above right now is very crucial to keep the bull momentum. Otherwise we are seeing a downside to 58 -59k range.
As I mentioned before, RSI snapped through the resistance. Probably going to see a run until RSI reach 70 which is around 66k - 68k range. Also, with Coinbase IPO coming, institutions wants to keep the bitcoin price as high as possible.
Hello, For some time we are making higher high while indicators making lower high. This is a bearish divergence indicating bearish signal.
We are currently seeing a bearish divergence on RIS and MACD indicators. Watching closely if RSI get's rejected or snaps at 60 range 'circled in yellow'. If bitcoin breaks 62k we are going to see a run to 66 - 68k area otherwise we will test 50k area again.
RSI might retest 43 range. If it bounces off, it might run to 280.
Baba is in interesting consolidation period. If the double bottom plays out, we can see it reach around 280 area. Needs to break 240 first.
Death cross on weekly with double top on daily chart. Testing 0.63c area.
Could see downside at least 42k as it just broke down major trendline. Seeing a bearish divergence as price going in upper direction while rsi going down. Watching closely on how RSI would react around 50levels.
Nice consolidation and steady growth, forming big cup. Gonna test around 2.10$ and small pull back will create a nice cup and handle formation. Potential to test 4$ soon.
10 year cup starting from 2011 just broke out. With upcoming catalyst on April 1st this is a no brainer play. 40$ pt.