You can see the chart. There's nothing to explain. Go long with a tight stop loss below the trend line.
Bitcoin has staged a minor recovery from the $9,100 support level, following the early breakout below the July 2nd trading low. Daily price closes around the $9,600 level are now key and are likely to be the next directional catalyst for the BTCUSD pair. Short-term technical indicators also have a much-needed bullish correction are reaching extreme oversold...
BTC lost support on trend line and 21 EMA and daily chart. BTC is giving opportunity to LONG between 8.6K to 8.1K
Hi all!! Good day! Are you still worried about the trend ?? Are you worried on deciding whether it's a Bull Market or Bear Market's Bull Trap ?? This post is just give you peace with a simple line, called "Bitcoin Life Saver Line". As long as BTC price action stays above this line, we are in a Bull Market. When the price action goes below this line, then it...
Prices have fallen below the 230 level support level, The fall is likely to continue in the short term. Near the support level consider going long again. Feel free to contact me if you have any questions! Follow Me ! Show U The Money ! ------------------------- 2019.07.15 in
again a shit PA on smaller TF, EXITING LONGS AT SMALL PROFIT, 15 minute to 1 h & 4h struggling to break even the first resistance , not a good sign ... seen like more corrections till 9250-9350 is pending . will short it instead from @10280 .
Bitcoin is trading back under the $10,600 level in early Monday trade after the BTCUSD pair suffered heavy losses over the weekend. The short and medium-term outlook for the BTCUSD pair is now shifting, with price now making lower highs and crucially, lower lows. A break below the psychological $10,000 level exposes a very important technical test of the $9,600...
There is a current high trend in Bitcoin. The price has finally reached the level of 10,000 dollars - support a high channel - as previously analyzed. Now there are all indications of continuing to trend high from value. -Fibonacci indicates the target levels in the short and medium term. -Estochastic demonstrating the exhaustion of the selling...
We can see that BTCUSD is moving inside its resistance and support lines. If the breakout happens on the upside(Resistance line) then we can see $18000 which next big resistance as the rally is on bull mode. If the breakout happens on the downside (support line) then we can touch its nearest supports levels ($9700-$9000) as we can see trading volumes are going down.
MICRO TRENTS: BTC.D is currently forming an ascending triangle.One thing most of the people didn't realize is that during the ascending triangle(this week) $BTC.D tested previous strong resistance. And now it is ready to be launched. My prediction is that It's going to break the ascending triangle and move towards first resistance line. Around $16,500, and then it...
Bitcoin has suffered a heavy technical rejection from the $13,000 level, as bulls failed for the second day to maintain price above this crucial area. The bearish head and shoulders pattern on the four-hour time frame is now complete, with the $11,800 level back in focus. The overall negative sentiment in the entire cryptocurrency market is also weighing on the...
I am not going to predict what will happen or what is happening... I'll let stats and algorithms show results. -I am using SAR Parabolic strategy. It automatically recommends long and short entry based on stats. Here we see a monthly $BTCUSD chart. By using SAR Strategy tool it shows us that It's Long entry (Upwards trend) and Short entry (Downward) trend has...
I am not going to predict what will happen or what is happening... I'll let stats and algorithms show results. -I am using SAR Parabolic strategy. It automatically recommends long and short entry based on stats. Here we see a monthly $BTCUSD chart. By using SAR Strategy tool it shows us that It's Long entry (Upwards trend) and Short entry (Downward) trend has...
Bitcoin continues to trade in a large price range as traders await technical confirmation that a medium-term high has been reached. The BTCUSD pair has posted five consecutive months of trading gains, leaving traders cautious towards selling the number one cryptocurrency. A final technical test back towards the $12,500 and $13,000 resistance levels still remain...
Bitcoin it attempting to recover bullish momentum after coming under downside pressure earlier this week below the $10,000 level. The $10,200 support level is the neckline of a bearish head and shoulders pattern with a large four-digit downside projection. The BTCUSD pair may also come under further selling pressure from the series of bearish candles across the...
Bitcoin has started to settle into a large trading range after the number one cryptocurrency found strong resistance from the $14,000 level last week. Selling the top-end of the BTCUSD pairs is range the preferred strategy until technical readings on the daily time frame correct from overbought. The $11,800 level is the key pivot point for the BTCUSD pair and also...