BTC is sitting right on top of the weekly S/R line at 9090 and on top of the 200 and 50 Day moving averages. On a weekly chart, 9090 is the high of a swing low and is how I've came up with that S/R line. Dates back to Feb 2018. I'm bullish until we have a close on the daily under 9090. As you can see that S/R line has been respected for a long time and it should...
Just by looking at the DMI pattern and the support that BTC needs, I believe it is even more likely to see the price going around $8,600. Again, This is Bitcoin and everything might happen.
Bitcoin has rallied over 40%, and with that in mind, the market sentiment has turned extremely bullish . While that may be true, we should know by now that markets also do not move in straight lines. We must now remove all emotions from the market and focus back on the technicals, short term, mid term, and long term. Here, we will focus on the long term analysis,...
Bitcoin has rallied over 40%, and with that in mind, the market sentiment has turned extremely bullish. While that may be true, we should know by now that markets also do not move in straight lines. We must now remove all emotions from the market and focus back on the technicals, short term, mid term, and long term. Here, we will focus on the short term (1...
Entries on Chart
Bitcoin formed its third consecutive green candle on the daily chart on Sunday, October 27 and moved up to $9,550 closing the 7-day period with a 16.5 percent of increase. The BTC/USD pair opened the new trading period on Monday, October 28 with a slight correction. It erased 3.4 percent of the total capitalization and dropped to $9,222 even though bulls were able...
BTCUSD reversed off its resistance at 9090.2 where it could potentially drop further to 8575.0. *Disclaimer.* Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL...
Hello, Traders! Monfex is at your service and today we overview Bitcoin . BTC in a small falling wedge near the local support zone and resistance line. Now we see bullish divergence by RSI and can expect some growth to the local resistance zone . Also the price met with MA50 at the support and rebound from it. Will the price break the resistance line or bounce...
Hello to all watching my charts. Lets today have a again a bigger and longer time view in Bitcoin and check the last 6 month. There we had a strong resistance in 8700 aerea which we could climb above. (2 Big Blue Lines) And these old resistance are now Spports. So Bitcoin is in a normal Pullback Mode after the Spike and Short Squeeze to these 8700...
Here you Can see a consolidation with a few possible swing trades profitably before a move occurs. Stop losses above or below the order blocks.
hi guys. after i quoted long, btc shooted to even 10300! now, i was busy scalping altcoins and earning profits. now lets see what will happen. now we see mixed signals. now, 7.2k was the long term uptrendline for btc from 3~4ks. as you see in chart, we broke through resistance of the falling channel. now, people talking about bull flags of btc, that could...
Position entry 9325 USD Target to short around 9100-9200
BTCUSD reversed off its resistance at 9216.8 where it could potentially drop further to 8575.0. *Disclaimer.* Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL...
I do not believe selling has stopped. First, Bitcoin play between $8,500-$8,700 then the next day it played around $8,200-$8,400 and today it is playing around $7,900-$8,200.. which clearly means its a bear market and lots of volatility. From the chart we can see that Bitcoin hit the $7,500 level about six times between May and June. It's safe to say that $7,500...