There's a greater odd that bull market is not over. Dont get shaken out.
BTCUSD has started its downtrend from 60Ks from the first week of May, driven by various factors including tweets, crypto ban speculations, crypto mining energy concerns etc. There is a strong bearish momentum and the price is trading below the current moving average. MACD also supports the downward momentum. This sell off is forecasted to accelerate till...
bitcoin is facing resistance level at 60k , wait for the price to close above...and take a suitable entry after it
BINANCE:MATICUSDT Possible Short Scenario in Matic Shared my view on Matic One can build his/her position accordingly
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A clear H&S on 1Hr being broken The RSI shows Bears MACD is Weak Low Volume Over ALL, we going down !!!!!! I m new , Please do your own Analysis before getting into or exiting a position !!!!!!
according to negative trend line, bitcoin looks negative and weak. if you want to take new holding take stoplose till red boxes. #btc #bitcoin #chart
VET seems strong to finally break out of the channel for next leg up. The RSI and MACD also validates the se up and with a little increase in volume, it can easily do 10% from here. However if it falls from the trendline then it will touch the channel bottom and try again. They had some good news as well today, and so my bet is on VET. Lemme know what you think in...
BTCUSD is looking for a great buying opportunity to take the move to the upsides after forming descending channel on 4h . Best time to get in before reaching 60k!
Bitcoin holding great @ support AREA & created again inverse H&S PATTERN, but rejectiing aswell @ 40k resistance..!!
there is are two point of view in impulse and one in correction which I have posted earlier.. im not a semi advisor. I just post it for educational purpose..
Details are explained in the chart. Stay alert in getting and out of position. BTC at crucial zone! 25/5/21 - Below all major EMA (negative) - On weekly taking support from 100EMA (keep on watch) -Trend reversal only on decisive close above 44700 - Downtrend continuation below 34000 on closing basis - VOL is heavy on downside (negative) - Long wick candle shows...
After dump, BITCOIN creating short-term inverse H&S PATTERN, If we BREAKOUT next resistance level then we can expect some bullish trend...just hope btc move stable and hold major supports....!!
Comparing BTC bull run of 2013-2017-2021.. In every bull run BTC after making a top BTC is settling below 0.78 Fibonacci level, at the same time RSI also gets accumulated, so there's a good chance that BTC may follow the same!! Question is how do we know its a top ? - currently if may month candle closes bearish, then evening star formation will be validated ,...