RSI in the overbought region with a value above 80 indicating the price drop MACD line above the signal line with a huge magnitude indicating an uptrend CCI above 140 indicates a downtrend Squeeze indicating an uptrend as the market volatility is high
It has broken the weekly trendline.
as a investor buy at range of 1400. short now sl 9550
5000 is the next price to reach and nothing left to believe in anymore.
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (9096.0). 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...
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (9513.5). 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 above the 21-Day WEMA which acts as a dynamic support. ....
If fractal remains accurate: $9600 by end of day $10000 breakthrough on the 27th of this month $51000 by January 2021
Papa Bear is proving to be 'worth its weight' at present and it's almost ready for a name change. :) BTC has been printing higher lows since hitting our long awaited target, and it fits a bullish scenario - as long as it continues to do so. It's next move is likely to be spectacular.
. SELL AT 10K
If the current price range stays for quite a long time Bitcoin might be turned out bullish again but the upside is limited. till price 6k and 5k revisits again I'm leaving 10k. Reasons: 1. Fomo 2. Greed 3. Crowd sentiment
I hope you can now see how the BTCUSD represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favour. Disclaimer: It should not be assumed that the methods, techniques, or indicators presented in these chart will be profitable or that they will not result in losses. There is no...
BUT AT 8800 .. SELL AT 9400
RSI IS DOWN TREND BUT THERE IS JUST CONVERGANCE GOING TO HAPPEN AFTER BEARISH TO 7000 - 7500 SHORT TERM BULLISH - BITCOIN( INTRADAY TRADING BTC )
Bulls have to step in to defend their territory, otherwise a much deeper correction will occur. If the third test of the descending wedge resistance does not lead to an upward breakout, the 8500$ zone around the rising trend support line will likely to be broken. Not a financial advice.
may hit 9400 - 9600 and then big sell off. rsi is in down trend .history says it comes with a big dump.
Break the flipper and we are going to touch the upper fib trend line. Else, we are going to the lower one.
range which turned into bearish structure. Reasons: 1. price 9588 was the main level for the bullish momentum which broke out to the downside. price basically flipped. 2. Everything looking good.
Halving and post halving predictions and market psychology. This halving is going to be different as ppl are so bullish on BTc. Like and comment your thoughts