Divergence occurs when the indicator fails to imitate the pattern on the price chart, a sign of trend weakness and likely reversal. In an up-trend, if the price makes a new High (a higher peak than the last) but the indicator fails to do so, that is a bearish divergence.
You can see the supports that can resist the price fall However, 30k is strong support...
Good morning again ladies and gentlemen and welcome back to my daily analysis of Bitcoin. Today I have the 4hr pulled up after a nice little bounce from support. Can the bulls keep the momentum going though? We have retaken some lost support so things definitely look better today than yesterday in my opinion. Anyways lets take a look at the charts.
I can see...
Trading suggestion:
. There is a possibility of temporary retracement to the suggested support line (44100).
. 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 the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic...
Let's look at the positive side and hit like...
Bitcoin is bearish after some really strong bullish action, but this is just a healthy correction taking place.
Yes, we see Bitcoin going lower since the 22nd of February but the trading volume is low and we continue bullish mid and long-term.
We are likely to see prices bounce to ~$50,000+ when EMA50...
Good morning again everyone and welcome back to my daily look into the world of Bitcoin. Today I have the daily time frame pulled up and I can see we are holding on to 45 K by the hair on our chinny chin chin. Weekends are known for being low volume event so this doesn't surprise me too much. But will Monday result in a green candle or two? That's the question on...
Good morning again ladies and gentlemen and welcome back to my daily look into the world of Bitcoin. Today I have the daily time frame pulled up as it is really doing well with my trading set up at the moment (50 MA, 200 MA, Cloud) The bears have made their presence known once again as the candles dropped from roughly 60k to 45k in a matter of days. I know that...
BTC Dump to 40K before Pumping to 85 K USD. Get Ready to Moon. There is a 19 Days Dump period for BTC to 40 K USD before it pumps to 85 K USD. The next fib level is crucial to go up a 100 %. Just hold. Buy during this 19 Day Dip
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.00035). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. ATOMBTC Cosmos 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...
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.00000094800). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. DOGEBTC Dogecoin Bircoin is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which...
8th Feb - Tesla announces investment in BTC. BTC shoots up almost instantly.
Added VPVR (Volume Profile Indicator) shows the gap up zone has very low traded volume across a huge range. This was due to a lot of panic & FOMO buying after the news announcement. The week leading up to that saw continuous ATH for BTC and subsequently a correction of price just about...
Trading suggestion:
". There is a possibility of temporary retracement to suggested support line (0.00000740).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. Cardano/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...
the only coin which hasn't rallied till now and in this bull run it will definitely not get left behind, watch out for the moves on xrp
guys, please do consider liking and sharing.
Thank you.
Trading suggestion:
. There is a possibility of temporary retracement to the suggested support line (0.00002155). If so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. IOTABTC is in a 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 (0.007980). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. COMPBTC 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....
In the last two days, almost all crypto currencies have dipped hard.
If you haven't entered at 32k which was recommended level in my previous idea, then at current level looks again a sweet buy for 70/74K.
Link below for the previous idea.
Regards
