BTC is consolidating in a structure which looks like a classic Adam and Eve pattern. I expect a good bullish move if bulls are able to maintain this consolidation above 7700 levels. Will update the chart in my free channel www.t.me as the structure develops in coming days.
Bitcoin (BTCUSD) is still aiming lower. We have a short since $8200 and we think our remaining two targets will hit... Bitcoin is trading below EMA300 on the daily time frame, so another leg down might happen before testing resistance back up... Here is the chart: Below you can find the full details of our trade, remember that this is HIGH-RISK and not...
Levels and reason on chart. For Free economics learning - follow my blog - www.economics4u.org
works with 1 second chart to monthly chart without any issue, no repaint at all.
Bitcoin (BTCUSD) remains bullish on the monthly timeframe. We are not used to seeing a "long-term" bearish Bitcoin. We are not used to seeing Bitcoin consolidate/go lower for months. There was only one occasion where Bitcoin went negative for six months straight. That was between August 2018 and January 2019... What followed was the BTC 2019 bull-run which...
works with 1 second chart to monthly chart without any issue, no repaint at all.
works with 1 second chart to monthly chart without any issue, no repaint at all.
Bitcoin (BTCUSD) is trading below EMA10 and gaining momentum on the 1h timeframe. EMA50 is also being broken now and we marked the next target. Support is found next at $8218, which is the 0.382 Fib. retracement level from the last bullish wave. The next support that follows if the above breaks are $8122 and finally $8027. On the way up, Bitcoin needs to break...
Bitcoin (BTCUSD) isn't out of the bear hands yet short-term, the move to $9000-$9200 isn't confirmed, but why? As you can see in the chart above, Bitcoin is still trading below EMA10, which is now sitting at $8547. For Bitcoin (BTCUSD) to signal bullish potential short-term, we need a close above this level. Since Bitcoin is trading below it, it has the...
As seen in BTC weekly chart, it is trading around the 50 EMA. RSI is at 44. Can fall further. Important support 6772. If hat also breaks, it can fall to 6190 but probably not expected to break it. Revival may take a few months.
possible correction and may retest 8350 but have a stop loss for 1 % happy sunday
This has never happened in all of Bitcoins history during a bull run; there is a likely chance we are back into a bear market and could see declines below 6k. Be careful trying to make an entry as more pain is likely over the next few months. Also worth noting is that the all time high hash rate is placing a great amount of pressure daily as miners dump...
Technical analysis: . MONACOIN/BITCOIN 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. . The RSI is at 56. . The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of the resumption of an uptrend is increased. Trading suggestion: . There...
Bitcoin (BTCUSD) is now moving within a descending channel, going lower. Now I am seeing a potential bounce in place or further drop. Bitcoin can easily move lower, according to the chart above, but a bounce is also very likely. As for the mid $6,500 price (I am looking at the $6200 - $6500 range), I am looking at this level for Bitcoin (BTCUSD) to fully...
Technical analysis: . 0X/BITCOIN 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. . The RSI is at 77. The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of the resumption of an uptrend is increased. Trading suggestion: . There is a...
Today's drop makes it clear that Bitcoin (BTCUSD) is going to retrace as we were expecting... But how much lower can it go? Let's take a look at Fibonacci proportions for answers... Bitcoin reached a peak in late June completing a move that started back February 2019... As it moved lower, it found at the 0.382 Fib. retracement level from the last bullish wave....
Bitcoin (BTCUSD) just closed below EMA10 on the weekly timeframe, let's get back to the basics... Back to keeping it simple... Above EMA10 = Bullish potential Below EMA10 = Bearish potential Bitcoin's bearish potential has been activated on this timeframe, if BTCUSD remains below EMA10, it is very likely to move lower and test EMA50, which is now...
In my last update for Bitcoin ( BTCUSD ) I mentioned "bearish tendency", because Bitcoin has been moving lower since it hit a peak on the 26-June, we can easily see lower highs being printed... But since the 28-July, we are also seeing higher lows. This is all a period of consolidation but Bitcoin can still move lower before moving back up. Now, the signals... ...