Bitcoin reached the target of falling wedge. Thank you earnology
BITCOIN WEEKLY REACHING MAIN RESISTANCE ZONE 11150-11500 , SHORTING HERE WITH A CLOSE WATCH , WITH FUNDING COST FOR LONGS REACHING SKY HIGH , I DOUBT THIS RALLY WILL GO BEYOND 11500 , BUT BTC IS FULL OF SURPRISES , LET'S SEE FINGER CROSSED.
BITCOIN has formed a rounding top on hourly and broke the neckline with good volume . Now is retracing the the neckline . Can go short at CMP with stop loss of 7,550 and target of support of 7000 .
bitcoin trend will have change soon to can drop down. properly i can't say that but i think who we can look the trend line , to after touch then maybe this trend can be down below
Bitcoin Lover be ready to long. it reverses from 61.8% level
Bitcoin has risen from $3121 to $4250 in 5 Elliot Impulsive Waves. By the time we reached $4250, the Bullish momentum has ran out. RSI was oversold and also StochRSI showing weakness in Bulls. Since then, we're in ABC Zigzag correction. Currently, we're in C wave and possible target would be $3550 which is also 0.618 Fib level of this overall Bullish rally.
Bitcoin long CMP 3913 , SL 3657
BitCoin (BTCUSD) monthly chart analysis
Bitcoin has been in a narrow converging range after the big rally faded. Its been making lower highs but the 5900 support tends to hold everytime. So will the support give away or will it breakout of the recent highs to begin a new uptrend? We should wait for confirmation... A confirmation will be a consecutive 2 week closing above the both trend lines
Bitcoin broke below its narrowing range and trading well below its support. A close below 5800 on weekly charts may take the price to next support which is at 4850 and 3200. Caution if you know any crypto bulls.
Bitcoin is correction for the first time in the last 6 months .
Bitcoin in 4Hour chart looks very interesting. We have to see how it breaks the resistance and support lines marked in Yellow color.
Bitcoin chart with WW . Target 16700 by 1/1/2018 11AM .. Possible ?
Bitcoin pitchfork We could see Bitcoin bounce from resistance at +0.618 line in the upper half of the pitchfork
Bitcoin Cash Is Correcting, time to sell
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EXPLANATION : This is a weekly chart of BITCOIN . The Bitcoin gave a solid breakout from its accumulation phase and coming to retest the same . The next supply zone is its all time high near $64,000 .