VERY LOW VOLUME AND BROKE THE TRIANGLE, CURRENT SUPPORT AND RESISTANCE. WISH YOU SUCCESS....
If Bitcoin continues to create Bullish 3-method formation then we may see good bull run in coming months..
in short term we can drop to 6640 level.
bitcoin well playing inside a triangle . 200 moving average resistance also will play when reaching at near 6900 to 7000
what do you Think guys Bitcoin Break The Major Support Of 5.9k $ ? If Brakout Then Next Support Is Our Hope
Hello, Looks like bull runs could not continue beyond a few weeks. 200 day Moving Average is a major resistance for BTC. Thus the touched it and came down twice is past month. Next support is near 7.6k at the bottom of the Ichimoku cloud. Let's see how it pays in next couple of weeks.
Bitcoin tested 7k level last month around 18th march post which it jumped to 9k level by 23rd march. My initial though was, is bear market over? are we starting with next run?. I was patiently waiting for some of the major resistance to be breached. End of march, bitcoin again tested 6.5k level and has been hovering around 7k since then. This particular junction...
Despite dipping below its 8-months trend line of $7800 and touching a daily low of $7318, Bitcoin managed to recover above its major support area of $8000 due to the recent short covering in today's session. We can see a small falling wedge pattern on the charts today which indicate a short term exhaustive buying in BTC if it sustain above $8200. Bitcoin is taking...
you can see in my last morning post the big support near to 5800$ to 6200$ is very important for today so we can see past few hours btc moving near to 7500 also after the 3days big fall btc covred small position if this trend will continued we will see 8500 or 9200 resis level testing. in this month we will see bitcoin will cover to 12000$ again. if market in good...
hello guys, in my last analysis I already told you guys to exit from btc market if it broke major trend line support now we can easily see that big red candle breaks the major trend line it means bears and dominating now bitcoin chart showing full bearish moments right now it breaks that major trend line which is not good sign for bitcoin at the moment it can...