1- declining RSI . 2- declining MACD . 3- Heavy resistance at 50-51,5 k USDT. 4- q3 closing in 3 weeks. 5- out of 6, the previous weekly candle closed in red causing resistance and a decrease in the Volume over 6 weeks duration. your point of view or suggestions are most welcome
5 reasons to book profit 1- declining RSI. 2- declining MACD. 3- Heavy resistance at 50-51,5 k USDT. 4- q3 closing in 3 weeks. 5- out of 6, the previous weekly candle closed in red causing resistance and a decrease in the Volume over 6 weeks duration. your point of view or suggestions are most welcome
its clearly based on elliot wave principle and wedge pattern breakout
This was my today's article title on steemit... I just warned against it , That bitcoin Ascending channel breaks anytime if this happens at 61.8% Fibonacci level then it will start again downfall.. An this was the Title of that article.... Caution!!! caution !!!Bitcoin Dead cat Bouncing ?? will like to fall again from $7509.6 level ?? Apart form that .... few...
BITFINEX:BTCUSD COINBASE:BTCUSD BITSTAMP:BTCUSD 1.Low / decreasing volume uptrend 2.Forming bullish cypher with CD downleg incomplete 3.7hrs kumo cloud resistance on the head 4.The cypher completion expected at traditional S1 support 5.Bounce from the cypher effect to be arrested in the 0.382DC then 0.618DC, Complements Kumo cloud resistance 6.A later on...
descending triangle on the back of huge supply on a consistent basis on the weis wave..! Time to be careful, although not taking trade....
Currently BitCoin has started to show up Signs that it might crash back to $1150 very soon. Their are couple of patterns in charts that i look for which are probably best for reversal indication and they are forming up in higher time frame charts of bitcoin. but there is more.. 1- BitCoin Has recently broken above a long term curve at 1500, but there is very less...