Lower Highs and Higher Lows. This means that the holders are already cashing out. Ethereum will fall back into 160-180 $ range (if not lower) very soon. A good strategy would be to short ETH now and buy back later.
What is happening with Bitcoin (BTCUSD) now? (Please hit LIKE to support this trade idea) Looking at all the charts here on Trading View, we can easily say that we are having some really mixed feelings... Will prices go up or down? What about the chart signals, what are they saying? We have mixed signals because of how we read charts. Some signals are stronger...
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (0.00482). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . ZECBTC 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 we break the upper red trend line we may reach to horizontal line which is major resistance zone that is zone we are looking upon. Just Educational purpose not a trade recommendation
BTC is now trying hard to get back from trend line i am looking for long now.If we broke here we go further down till 9k .I dont have bearish view as of now.
Tomorrow the weekly candle closes for Bitcoin (BTCUSD)... It all depends on this. Notice the orange dotted and full trendlines on the chart above, then notice the current active candle... A strong close this week above orange line can send Bitcoin flying up... But a weak close below the orange dotted line can send Bitcoin lower looking for...
Remember the bounce I mentioned in my last article? "As soon as this bounce is done... You can expect Bitcoin to drop some more." Right now we have a lower-high (bounce) on the daily timeframe which supports the bearish view. We have the trading volume going lower and the indicators starting to turn. Prices are still trading above EMA10, but the lower high and...
Short selling will break nearby 9231/9125. ==> Money-Maker, staring down loaded gun! Higher chance to follow 2.Scenario at 9250 nearby. Dont forget to give LIKES and Comments . We have enjoyed below Short Selling PLAN A and B:
We can see Bitcoin (BTCUSD) breaking below EMA50 for the first time since April but the volume is much higher now than back then... Bear volume/RED. We can also notice a bearish cross of EMA10 and EMA50, signaling more low. After EMA200 was tested (brown line), a bounce is normal and expected. As soon as this bounce is done... You can expect Bitcoin to drop some...
Trade Setup for "Swing Trader" :- Plan (A): Sell 9692-9780 nearby target as 8874-8838 and 8842 nearby If you can chance, then Plan (B): Sell, 10086-10333 nearby for target 8874-8838 and 8842 nearby The U-turn(at 5th wave) clear on Projection in next month. We'll in down-side trend before the starting next month....
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (9159.3). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . BTCUSD is in a uptrend and the Continuation of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support....
btc is in bullish mode If btc break 9800 zone it will touch 10100 .. and next 10500-10700 but if at 10100 bears pressure increase it again back to 9700 -9600 #BTC $BTC #cryptosscientist #crptoscientist #bitcoin
Bitcoin (BTCUSD) woke up bullish Wednesday and prices are starting to move up, this opens us up for a few questions like... But, what happens next with Bitcoin? We continue expecting a drop or we will now go bullish? Where is my stop-loss? 1) We are still looking at a lower high based on the candles wick but we have a higher high based on candle close......
Bitcoin (BTCUSD) continues to print lower highs with indicators (RSI and MACD) going bearish. Now that prices are once more going below EMA10 after a lower high, we are likely to test the next support... Meaning, EMA50 will break, and EMA100 at $8110 will be tested. If prices bounce, the orange trendline needs to be conquered first before additional up. This...
Recently we looked at Bitcoin ( XBTUSD ) short-term on the 1H timeframe, the chart was looking bearish. Here we have BTCUSD on the 4H timeframe and the bearish bias is gaining a bit of momentum now, still developing. Prices broke below EMA10 with the next target sitting at $8334 or EMA50. It is still early on this drop and the trading volume is still low but,...
Let's take a look at Bitcoin's ( BTCUSD ) peak prices since ATH in December 2017. First, we have Bitcoin's All-Time High ( ATH ) sitting at $19891.99. A higher low hit in June 2019 at $13868.44. Then we have a recent peak in February 2020 at $10522.51. On the 30th of April, another peak was hit at $9478.66. We are looking at lower highs. We have...
TD Sequential green "9" on a daily time frame. Worked like a charm during the last 10 months. The price is still growing though, so the confirmation is needed. Not a financial advice.