If fractal remains accurate: $9600 by end of day $10000 breakthrough on the 27th of this month $51000 by January 2021
Papa Bear is proving to be 'worth its weight' at present and it's almost ready for a name change. :) BTC has been printing higher lows since hitting our long awaited target, and it fits a bullish scenario - as long as it continues to do so. It's next move is likely to be spectacular.
Accumulation Makeup Distribution Sell off Market Down
WEEKLY CHARTS R SAYING A LOT MORE , IF ONE CAN SEE , RSI is drawing the same pattern , as being developed in last peaks ...look at the two circled "M" kind of peaks on RSI . .. looks like its make or break fro #bitcoin pretty soon , most probably next 1 or 2 week , STOCHrsi on weekly is already peaking out , if bitcoin starts downward journey here , we will have...
BTCUSD ... Levels mentioned on chart... .. Comment your views.... .... plz , Support the idea by clicking LIKE button..... .... Thank you, Vishwajeet Sharma
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (9322.8). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . BTCUSD is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic...
An ascending triangle is a chart pattern used in this technical analysis. It is created by price moves that allow for a horizontal line to be drawn along the swing highs, and a rising trendline to be drawn along the swing lows. Volume tends to be stronger during trending periods than during consolidation periods. So, probably the first profit take is $11K...
See the chart, "Strictly Educational, trade on your own risk"
The train to the moon scored passengers who thought it was a rocket. They need to be dropped off at 7800, possibly lower. Somewhere in the area of margin requirements if you count from 9600-10000 it will be minus 33%. Be careful colleagues, the markets are becoming bearish. The beginning of the week will be made by positive news about the economic growth in...
The current range keeps sending signals of a distribution phase. Bounces will be for shorting. This 4H close will print a bullish divergence. Invalidation point should be daily candle closing above 10300$.
MARKETS R TESTING PATIENCE OF ALL DAY TRADERS, TO MAKE LIQUIDITY POOL ON EITHER SIDE , BUT I M TILTED TOWARDS BEAR SIDE ...WITH BEARISH DIVERGENCE & TRENDLINE SUPPORT -RESISTANCE NEAR TO BREAKING DOWN .
according to history of volume btc has done 4000 twice with big volume . this flat movement are the sign of (12500) or the major support (6700) there goes buy nd sells
Current we are no trade zone,If you are trying to trade this you better find ur trading style properly. i have marked a rectangle zone which is all the long and shorts are getting trapped like crazy moves .
Possibility= 70% Its look like reverse head and shoulders wait for confirmation. Disclaimer: This information is for educational purposes only invest at your own risk !!
Before Invest Do your Own Study
The charts shows two paths for BTC. From here it can follow the either one. RED one is distribution schematic. GREEN one is re-accumulation schematic. Personally I'm leaning towards distribution schematic but if I see some strength around 9100, I'll switch bullish. Any Price weakness around 10100 will trigger shorts. Play patiently!
we have weekend sideways movement most of the times in the weekend we are in sideways. the currently we are in bracket lower range is around 9550 and upper is 9800 .any side we can see some good move till 10100 or 9100.