Bitcoin BTCUSDT daily technical analysis (28 Feb 2020)
Keep this chart for Day 2
Wait to sell from $9100 or $9450 if there is a nice down setup
The bearish wave of BTC BTCUSDT yesterday paused around the $8500
The trend of BTCUSDT has turned to short-term decline after Bitcoin broke $9000 and moved down to $8500
The chart structure consists of descending 3...
Bitcoin BTCUSDT daily analysis (27 Feb 2020) - Wait to sell down
Keep looking at $9050 and $9450 to sell down
Bitcoin BTCUSDT was pushed down to the 8600 from a peak of 10,000 to $9100 and then to $8600
Down trend with Three Falling Peaks pattern
Breaking the 9000 area, BTCUSDT reversed from rising to falling in the short-term frame...
BTCUSDT daily analysis (26 Feb 2020)
Have kept this chart for last 5-10 days
Wait to see next trend to $9500 or down to $8600
BTCUSDT started breaking its previous bottom at 9340 to go lower.
Now it is $9100 $9140
Follow this chart for last 5-10 days (Sold $9750, $9550) - Can lock profit here now $9150
This is not a good sign for an uptrend.
Chart shows 3...
BTCUSDT, Daily Technical Analysis (19 Feb 2020)
Wait to buy up from $9500-$9600
BTCUSDT rebounded from the area below 9500 to above the 10,100
The downtrend may not form (H4, D1)
Pin bar yesterday below did a good job, launched a rebound wave for BTCUSDT
BTCUSDT switched to a trading range from $9500 - $10.500
The uptrend of BTCUSDT is very strong...
BTCUSDT, Daily Technical Analysis (18 Feb 2020)
Wait to sell $10.000 - $10.200 down (SHS model)
BTCUSDT yesterday was pushed down to the lower price zone, around $9450.
The short-term trend of BTCUSDT has turned to decrease (4H).
The reversal pattern from up to down is a head and shoulders pattern
SHS completed when BTCUSDT fell below the neckline $9600 (to...
BTCUSDT, Daily Technical Analysis (Friday, 14 Feb 2020)
Wait to buy $9.600 – sell $10.200
BTCUSDT at the end of the week had another bearish wave
Pushing it down to close to 9600 before rebounding as it is now $9800.
This decline has been expected by our brothers through abnormal signs on the previous chart, so we are not too surprised.
The uptrend starts...
BTCUSDT, Daily Technical Analysis (Friday, 14 Feb 2020)
Wait to buy Low ($9800, $9650, $9200)
Yesterday, we saw a Bull Trap
BTCUSDT quickly jumping up to scan and then falling backwards
Buyers who follow the breakout buying trend will stick to the top (at $10.500 now)
So, again, avoid Bull Trap – do not buy top or breakout, then can avoid stick at the top
BTCUSDT, Daily Technical Analysis (Thursday, 13 Feb 2020)
Bitcoin BTCUSDT moved sideways in the price zone above 10,200 and below 10,500.
The trend of BTCUSDT is still increasing
Chart structure shows gradually increasing peaks and troughs.
The BTCUSDT move in the bullish channel
This is also an additional confirmation for the uptrend.
BTCUSDT is touching the...
BTCUSDT, Daily Technical Analysis (Wed, 12 Feb 2020)
BTCUSDT rebounded into the buying zone around 9550 - 9750 and strongly increased again.
This is the buying area
Possibility of creating a bottom $9750 - $9850
The uptrend has shown signs of continuing
BTCUSDT just broke the peak of 10,200 and went up to above 10,300.
BTCUSDT continues to move in the bullish...
BTCUSDT, Daily Technical Analysis (Friday, 7 Feb 2020)
Bitcoin BTCUSDT yesterday hit a new high, reaching nearly 9900.
The highest price BTCUSDT has reached since the end of October 2019.
The uptrend of BTCUSDT continued when BTCUSDT broke 9700.
BTCUSDT is now touching the upper edge of the bullish channel
Now BTCUSDT may face resistance 9900 –...
BTCUSDT, Daily Technical Analysis (Wed, 5 Feb 2020)
BTCUSDT has not escaped the price range around 9100 - 9600
The current BTCUSDT trend is moving sideways, after an uptrend 8300 - 9600
Upward direction is still superior (D1, H4)
The latest sign H4 is that the candles have a long lower shadow and a high volume
Indicating a sign of buying force from 9100...
BTCUSDT, Daily Technical Analysis. Friday, 31 Jan 2020
The uptrend is still ongoing.
The buying force is strongly expressed
When recent pull backs - BTCUSDT only showed the shadow of the candle
And then pulled up very quickly.
There was a candle of this type yesterday with a very large volume.
SUPPORT – RESISTANCE
BTCUSDT may have fallen...
BTCUSDT, Daily Technical Analysis. Monday, 30 Jan 2020,
The uptrend is still dominant
BTCUSDT is currently blocked by an old resistance 9500.
Reduced, wait for correction to 8800-9100 last support area or pump to 9800 (last resistance)
During strong up trending, the EMA13-EMA26 is a good support area
MACD and RSI show a sign of...
28 Jan 2020 - Daily Technical analysis for BTC/USD
The uptrend still prevails.
BTCUSDT broke up the 2-bottom pattern and then went up
A momentum for price increase
Currently BTCUSDT is right at the old resistance level ($9100 - $9200)
Should not buy anymore $9100 at Resistance now (wait for pull back 8800, 8600)
RSI shows a sign of overbought - making it...
23 Jan 2020 - Daily Technical analysis for BTC/USD
BTC price is exshauted - in uptrend.
It seems that no one wants to buy and bet to buy at higher prices
Current prices BTC is the highest that buyers can accept.
And when nobody wants to buy, there will only be people who want to sell.
When the asset is exhausted and creates the possibility of a...
20 Jan 2020 - Daily Technical analysis for BTC/USD
The price failed to make the necessary gain to push it further higher than $9200
After breaking the upward momentum almost vanished immediately
Price fell again with a bearish engulfing candle
Removing all the entire momentum of the advance of many previous candles.
This down candle looks serious. But it is...