After a long jump of crypto currency . It very complex to give a perfect concept about bTc. Can btc is able to cross 7500? This my openion . It must be right.
Hi all !! Good day !! Hope you are doing well !! Bitcoin has formed two different patterns:- --------------------------------------------------------- 1. Ascending Triangle (Bullish) 2. Rising Wedge (Bearish) Bullish Points:- --------------------------------------------------------- 1. Formed Ascending Triangle 2. High Lows 3. Resistance 6.9k broken 4. Possible...
7116 should break to fresh entries for long, 6481 could be the next support if we break we go for lower levels . comments to discuss more.Its just an idea .
Hi all !! Good day !! Hope you are doing well !! Most of the markets have crashed a lot in the month of March. The news media is trying to relate the pandemic COVID19 infection is the cause of panic selling. This is not true. The fundamentals and technical's failed to push the market price higher where professionals (smart money) look for it to trade or...
- Currently Bitcoin is forming Bull Flag this could be possible Wave B of correction move or this can be Wave 4. - Either its Wave B or Wave 4 there going to be one more leg upside. - Target for this move is marked over the Charts. - Each FIB level is profit booking zone.
Bitcoin ( BTCUSD ) has been consolidating while prices remain above EMA10, EMA50, and EMA100, telling us that the bulls have the upper hand. We can also see the ascending triangle pattern which also leans towards the bulls. We can also see the ascending triangle pattern which also leans towards the bulls. A breakout might happen soon... Where do you think...
Fresh view only after strong break of either zones!
We waited for the weekly candle to close for BTCUSD (Bitcoin) to see if prices would either close above or below MA200 at $5524... MA200 failed to hold and now EMA300 ($4740) is being challenged... What happens next? The trading volume is really strong on the drop, it is the highest since November 2018 and there is surely additional room for a drop. If prices...
Good Saturday my fellow cryptocurrency trader, how are we feeling today? We are waiting for the weekly candle closure for the next Bitcoin (BTCUSD) weekly (W) update. While we wait, let's take a look at the daily (D) timeframe, here I marked the different important resistance and support levels on the chart, we are also going to be using longer period EMAs......
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (0.000021). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . IOTABTC is in a range bound and the beginning of uptrend is expected. . While the RSI resistance #1 at 53 is not broken, the probability...
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (0.0223). 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...
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (0.00608). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . LTCBTC 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....
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (0.00857). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . DASHBTC is in a range bound and the beginning of uptrend is expected. . The Falling Wedge taking shape and as a bullish pattern suggests...
Hi all !! Good day! I have been posting to warn the retail investors foreseeing the risks in the markets. Here is BITCOIN for you. I have plotted how the BTC market could choose to behave over the period of time where no-one can predict. But I believe the downside target is between 750 - 1150 USD. With this target, I have tried different patterns and...
BTC is running in this downtrend channel , but if btc break down this channel the new channel should be next down trend channel made in chart and condition would be bad . so i hope if btc never break MA200 technicallystrategycommunity