Adamc419

Adamc419

Current chart vs 2018 entering the bear market

Adamc419

What I am expecting to play out now. Test of the $45k level as the next support, this also confluent with the weekly 21ema.

Adamc419

BTC long, up to closest resistance. Double bottom

Adamc419

I have seen many people panicking due to the recent pullback, and others even calling for $18k. At the moment I see no reason at all to panic, we have pumped very fast and a pullback is totally natural and expected. There was bearish divergence on the 4hr which played out, taking us down from above $40k to low $30ks. Now we have oversold RSI on the 4hr and a...

Adamc419

Currently the Horizontal support has held around 16,500. This has been tested as both resistance (on the way up) and support recently. If this level holds we can carry on moving up. Also keeping an eye on the 20ma on the daily TF, as long as we dont close below this, my bias is further upwards movement. If these support levels are broken or we close below the...

Adamc419

As we can see we have bearish divergence on the 4 hour BTCUSD chart. we are also approaching a horizontal resistance level and retesting the trend line

Adamc419

The market now exceeds 400 Billion for the first time since the massive bull run in 2018. Exciting times coming in the very near future, with increased adoption and crypto becoming more mainstream

Adamc419

Currently in buy zone, strong support level as can be seen on the chart. Expecting strong fundamentals this week in the form of project development announcements/updates - breakout of the descending triangle. First TP target set circa $0.57.

Adamc419

As we can see from the chart, we have bounced off the fib 0.618 retracement level, this level recently also acted as resistance confirming this as a support/resistance level. We expect the uptrend to now continue, long position entered.

Adamc419

As we can see here a rising wedge has formed, with the range of price movement becoming less and less over the past few days. Are we ready to break support now? Looking increasingly likely with what is going on in the world currently. Could possibly be a big move.