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In a range for a few weeks, Bitcoin is just letting off steam and draws us a head and shoulders pattern. Between Tesla's Technoking warning and possible general tightening of regulations across the world, nothing is going well for the queen of all digital currencies. Nothing? Not quite. Bitcoin has so far shown great resilience, foiling any negative news. I...
-BTC has fallen to a two month low as Tesla announces suspension of BTC payments -150 MA has held BTC from a further downfall -Bullish divergence spotted on RSI Bitcoin has broken out of a long 3 month range of $10,000. After Elon Musk announced Tesla will no longer be accepting BTC due to environmental reasons, BTC broke its major support of $55,000 and quickly...
Bitcoin has been running bullishly since December 15 to $ 64,854 and is now #BTC BITCOIN HAS BEEN RUNNING BULLISH SINCE 15.DECEMBER 2020 TO $64,854 AND IS NOW IN A BUMP-AND-RUN REVERSAL BOTTOM FORMATION.
THERE HAS BEEN A CASE IN THE MARKET FOR FEW DAYS. #BTC BITCOIN LOST THE MOST BLOOD. DURING THIS TIME, #ETH ETHEREUM HAS TESTED AND STABILIZED HIS RESISTANCE MORE OFTEN.
PATTERN BREAKOUT AND FIRST TARGET DONE . SECOND AND THIRD TARGET MENTIONTIONED
Trading suggestion: ". There is a possibility of temporary retracement to suggested support line (0.0196). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . BCHBTC is in an uptrend and the continuation of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic...
Let us see what will happen. It is not an investment advice.
Trading suggestion: . There is a possibility of temporary retracement to 250/255$ or support trendline. . traders can set orders based on Price Action and expect to reach short & long term targets. Technical analysis: . Dash is in a uptrend and the continuation of uptrend is expected. . The price is above 190/250$ zone leads more upside. Take Profits: TP1=...
Trading suggestion: . There is a possibility of temporary retracement to 215$ or support trendline. . traders can set orders based on Price Action and expect to reach short & long term targets. Technical analysis: . eGold is in a uptrend and the continuation of uptrend is expected. . The price is above 215/234$ (Buy levels) leads more upside. Take Profits: TP1=...
An unmistakable inverted head and shoulders pattern is developing on daily, which is to be confirmed by a breakout past the neckline at 59000 accompanied by a surge in volume. Target from this breakout roughly corresponds with 1.618 Fibonacci extension level of 67000.
Trading suggestion: . There is a possibility of temporary retracement to 13.5/14$ . traders can set orders based on Price Action and expect to reach short & long term targets. Technical analysis: . WAVE is in a uptrend and the continuation of uptrend is expected. . The price is above 14$ zone leads more upside. Take Profits: TP1= 22/24$ TP2= 28/30$ tp3= 38$ SL...
Looks like a good short keeping in mind the risk-reward. Reclaiming the range would invalidate the trade. Entry: 58,380 SL: 59,107 TP: 55,169
BITCOIN buy for Intraday signal