Bitcoin is behaving well with the 4H candlestick chart. RSI levels are similar to what was in the previous break.
we can consider 36040 level as support, and 37900 as resistance respectively. Feel Free To Ask For Any Technical/Fundamental Query Educational Purpose Only.
When it reaches$12000 buy for long
if this really happens I would be surprised. monthly candle looks scary though.
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Good morning again ladies and gentlemen and welcome back to my daily look into the world we call Bitcoin. Today I pulled up the 4hr time frame after retaking 28k (and losing it) overnight. No sweat though right? We crested around 28600 which means we created a new ATH. Very impressive bulls! 2 more days (including today) left in 2020. Can we maintain these levels...
Good morning again ladies and gentlemen and welcome back to my look into the exciting world we know as Bitcoin. We have officially entered Mars' orbit and ground control says all systems go! But seriously. 28400? We had a strong weekly candle once again after yesterdays close and things still look pretty good considering. I still have that feeling the bears will...
Good morning again ladies and gentlemen and welcome to the 25k level. We are knocking resistance down left and right tearing our way up the charts. I said I would be satisfied if we made it to 25k but I must admit I am still pulling for the bulls! 25400 has been broken and that is the new ATH. Nicely done bulls! Lets take a look at what is going on with the charts...
Bitcoin is unstoppable Enter Now and take full profit 100000000%
1) BTCUSD reached all time high so expect a bit of resistance to take a short position . 2) However the longer Time frame trend is bullish . 3) Can trial the profits till 18519 if you're an active trader .
18863/- Very high price for Bitcoin sell it
On the hourly scale, BTSUSDT just decided to go all-in with the bullishness: -Volatility Contraction -Ascending Triangle -Head and Shoulder -Symmetrical Triangle
bitcoin is at edge of peak , most probable direction is deflection ... if go by the trend line & back test it ... slanting red line would act as strong resistance , break of which can bring god rally ..whereas it holds lesser chances ... while green line would act as support line . Rsi is also going to give swing top failure if it bends from tomorrow .
Second Chance Trade Setup summary: Profit targets=22% = {TP3= 3% + TP4= 7% + TP5= 12%} Stop Loss = 7% Reward/Risk > 3.1 : 1 New Trading suggestion: ". There is still a possibility of temporary retracement to suggested support line (11111) again. if so, traders can set orders based on Price Action and expect to reach short-term targets." New Take Profits:...
BITCOIN UPDATE. ✌ 🤲 Bullish Trend. ✅✅ 11940 - 12060 Is A Good Trend Line Resistence, If Price Successfully Breck This Level, Then Next Target Will Be 12800 - 13400, Brarish Trend.... ❌❌ BTC Can Be Retest Near At 11700 Again,Then It Will Be Pump From Here, If Price Failed To Pump From Near 11700, Then Price Again Take Another Corretion At 11850 - 11200,
In my last post, I made the case that Bitcoin has found its bottom at the green support zone because of the following reasons: 1: Bitcoin has fallen 20% from the current peak to the support zone 2: The support zone was key resistance multiple times. The fact that it broke resistance is significant! 3: The 21 weekly ema was at the support zone. As we can see now,...