Disclaimer: This information is for educational purposes only invest at your own risk !!
Flat base descending triangle everyone exited about breakout bull , but I see only extended move
range which turned into bearish structure. Reasons: 1. price 9588 was the main level for the bullish momentum which broke out to the downside. price basically flipped. 2. Everything looking good.
BREAK OUT ABOVE 10K , 10300 , reversal till 9200 and the btc touch a high.
As BTC is Creating Double Top And IT Didn't Go For The Correction From The Long Time. So We Can See A Small Correction Here
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...
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
As RSI have taken strong support on 40, so its a strong indicator to move up for small profit secpndly always BTC give some green candle after crossover
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.
Halving and post halving predictions and market psychology. This halving is going to be different as ppl are so bullish on BTc. Like and comment your thoughts
Bitcoin is preparing to test the leve 10800 is upcoming few days .if it breaks the upper resistance channel then pasibility have to terst the 10700-10800 lupper level.
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...
Here we are SHORT now with XBTUSD (Bitcoin) and we are going on 8X... Let's have a quick description of the above setup. 1) First, we have the higher low which we mentioned in previous articles. 2) Prices are now trading below EMA10 and we have decreasing trading volume, going lower and lower. 3) A recent rejection of prices while they tried to move and close...
Disclaimer: This information is for educational purposes only invest at your own risk !!
Here I've mapped the Bitcoin (XBTUSD) chart for you. First, notice the trendlines... We have a lower high. EMA10 being challenged as support. Indicators trending down. Bounce completed. This setup can easily lead to lower prices. Make sure to have a plan if you decide to trade. This is not financial advice. Namaste.
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...
Bitcoin price forecast for coming day
Bitcoin price forecast for the coming day