Good morning again ladies and gentlemen and welcome to the 25k level. We are knocking resistance down left and right tearing our way up the charts. I said I would be satisfied if we made it to 25k but I must admit I am still pulling for the bulls! 25400 has been broken and that is the new ATH. Nicely done bulls! Lets take a look at what is going on with the charts...
Good morning again ladies and gentlemen and welcome back to my daily look into the charts of Bitcoin. Its Christmas and I guess we all got the gift of a new ATH today. Nicely done bulls! Nearly kissing 25k is something to be proud of and we should all pat ourselves on the back for putting up with the last 3 years. As we sit in uncharted territory can we break 25k...
Good morning again ladies and gentlemen and welcome back to my daily look into the exciting world of Bitcoin. Today I have the 4hr time frame pulled up and I see consolidation has taken hold. The bulls have taken us to new heights this year and I for one am quite impressed. But nothing goes up forever and a retrace should be on all of our minds. Even if it doesnt...
Midterm forecast: While the price is above the support 0.00600, beginning of uptrend is expected. We make sure when the resistance at 0.00815 breaks. If the support at 0.00600 is broken, the short-term forecast -beginning of uptrend- will be invalid. Technical analysis: There is a divergence in RSI and price between the trough at 0.0064 on 2020-11-21 and the...
Good morning again ladies and gentlemen and welcome to my daily analysis of Bitcoin. Today I have the 4hr time frame pulled up and I can see we are starting this day off right. The bulls just wont relent and we are knocking on 24k's door once again. Nice work bulls! There are still approximately one more week left in 2020 and I would love to see us end the year...
Midterm forecast: While the price is above the support 0.02450, resumption of uptrend is expected. We make sure when the resistance at 0.03330 breaks. If the support at 0.02450 is broken, the short-term forecast -resumption of uptrend- will be invalid. Technical analysis: While the RSI downtrend #1 is not broken, bearish wave in price would continue. A peak is...
Good Sunday to you all. Im finally back from my little get away and decided to take a look at what is going on with the charts. After spending 2 days ignoring the charts its sure nice to come back to 24k BTC. 2020 has been such a solid year in terms of growth for Bitcoin. I think it has a lot to do with the US printing massive amounts of USD to pay for the 1st...
bitcoin short term price target
Trading suggestion: ". There is a possibility of temporary retracement to suggested support line (22640). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . BTCUSDT is in an uptrend and the continuation of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic...
Trading suggestion: ". There is a possibility of temporary retracement to suggested support line (20100). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . BTCUSDT 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...
Trading suggestion: ". There is a possibility of temporary retracement to suggested support line (0.030040). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . ETHBTC 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...
Good morning ladies and gentlemen and welcome back to my daily look into the crazy world we call Bitcoin. Today I have the 4hr time frame pulled up after retaking some support lost over the last week. We will see the weekly close tonight in around 9 and a half hours or 10 and a half. That daylight savings time always messes me up. Regardless of what time the...
Trading suggestion: ". There is a possibility of temporary retracement to suggested support line (18513). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . BTCUSDT 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...
Good morning again ladies and gentlemen and welcome back to my daily look into the world of Bitcoin. Today I have the 4hr time frame pulled up after rebounding a bit yesterday. I saw a few reasons for that and one was quite interesting. More on that in a few. The bulls have drawn the line at 17600 and told the bears that is as far as they can go. We have started...
Trading suggestion: ". There is still a possibility of temporary retracement to suggested resistance line (19074). if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . BTCUSDT is in a range bound and the beginning of downtrend is expected. . The price is above the 21-Day WEMA which acts as a...
Trading suggestion: ". There is a possibility of temporary retracement to suggested support line (0.00001900). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . XRPBTC 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...
Greetings Traders, Earlier TEN-KIJ crossed at the rate of 7313.08. It is now traveling upwards to a new high of the price which is 17,999. BTC opened at 16,658. I am predicting that BTC will fall down in the future. Future Resistance will act as a Support Level.
Midterm forecast: While the price is above the support 0.00355, beginning of uptrend is expected. We make sure when the resistance at 0.00490 breaks. If the support at 0.00355 is broken, the short-term forecast -beginning of uptrend- will be invalid. Technical analysis: The RSI bounced from the support #1 at 23 and it prevented price from more losses. While...