CryptoTopTier

CryptoTopTier

Watch that fractal closely and compare. Lately it looks like a lot of bad news come together. BTC looks exhausted for weeks. So.. .sure - at maximum FUD the bottom could be reached. But imagine those "pre news" turning into reality: 1. Prigoshin 5th largest BTC holder 2. Robinhood and US gov among top 5 too 3. SEC vs Binance case 4. Floor price model hinting to...

CryptoTopTier

Yeah I'm still bullish... we mostly are, right? I took the chart of my last post with the bullrun path, read the related post for more information about that one. Today I wanted to write because since days the thing feels strange.... for you too? I have my long in profit and am waiting for the breakout. But nothing. And I believe that it's the same for a lot of...

CryptoTopTier

I pretty much wrote everything into the chart. What do YOU think? Write in comments, I'm curious.

CryptoTopTier

Bitcoin seems gaining strength though volume is still low. But as you see we tried multiple times to enter the area above 31k. If we manage to hold those levels above 30.4 over the weekend with the next push 32.5 is not far away. Then it will be hard. There is the well known CME gap 34.5 to 35.9 and this could act as massive resistance, making a retest of 29...

CryptoTopTier Updated 

Choppy days.. BTC ripped high and now we're facing resistance and still low volume. The most likely path for now seems a retest of 31k or at least a good try, then retest of 4 h fib level. If momentum increases we could push through 31k too but there's a lot of resistance above.

CryptoTopTier Updated 

Bitcoin is in a bullish channel since the bearmarket’s low and has now reclaimed the median. It looks like a retest of lower levels is not necessarily needed if it can hold a while at these levels. Surely one news could let it break down in a blink of an eye.. But technically we could see the third bullish wave now and touch the major resistance 34/35k. The...

CryptoTopTier Updated 

You see 3 falling trend lines with the upper 2 marking the breakout zone. When in this zone the last 2 times a retest of SMA 200 failed. Now we're close to the third retest and it's not looking too bad. Watch out at the marked levels for take-profit or potential reversal.

CryptoTopTier Updated 

You haven't seen it before because a good trend line has at least 3 points matching the price and that happened yesterday. We absolutely have to hold above that price for daily close, otherwise it looks really bad! Also remarkable that we're trading a long time now outside value area. Fresh moment has to be build and that could happen by holding above the trend...

CryptoTopTier Updated 

Watch this long term support arc in 3D chart. Combined with the Elliott wave and the fact that we hadn't any retest of higher levels so far the chances are rising for a mindblowing move. The low volume still is scary though. I'm not calling the mega-bullrun yet. Even if this plays out the chances for a new low are still there. It depends when it happens and how...

CryptoTopTier Updated 

After breaching the decision zone BTC is trapped now between SMA50 and SMA200 facing major resistance. If there is no significant change in volume the near future looks bearish.

CryptoTopTier Updated 

We‘re about to lose major support, but that‘s not all. We‘re also retesting the support of a major bullish pattern! Spectate - let the weekend pass. Don‘t fall in the CME gap trap on Monday. Keep watching the weekly chart too, if we stay above 200MA there we‘re BULLISH. If weekly close is below it‘s still not over. Before opening heavy shorts wait for the...

CryptoTopTier

The weekly close look quite decisive… It‘s a do it or die level imo. Breakdown or pump.

CryptoTopTier Updated 

So we're having a "no-debt-ceiling"-deal and BTC is pumping? Well, today US trading is closed... Don't expect a long extended rally - the future looks bearish! With the no-deal-deal the FED has all arguments to raise interest rates. The "pivot" was a hoax! IMHO we are watching a fool's race that will end pretty soon. Watch out at these levels what price action...

CryptoTopTier Updated 

Look here in 15m chart how BTC was rejected from resistance, then crossed SMA50 (green), keeps struggling with it and is approaching SMA200 (red). Next should be a retest of the "decision zone", watch yesterday's post in 12h chart to see the whole picture. A retest of the resistance area could be in too, but with low chance to break it. US premarket data looking...

CryptoTopTier

26854. That‘s the price to watch for daily close. If we close below we have an engulfing candle right for the start into the weekend. In that case I‘d expect at least a retest of MA50 (green). If breached… see support zones below. Stocks pumped the last days - BTC didn‘t (yet). Soon we know more. Writing this 20min before US trading close.

CryptoTopTier

Hey guys, that's my first publication. Just a quick thing to test how that works ;-) If the 25k region doesn't hold we might see a 20% drop soon. - Crypto Top Tier -