$BTC $16,905 support held, Reattempt at $17,301 in progress. Bullish engulfing on last 1D close, Needs follow up from today's daily close, if followed thru $17,592 test likely. Continue watching given S/R
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I will begin BTCUSD Bybit Bitcoin Chart Analysis for December 12.
Bitcoin 4 hour chart.
Today's approximate top...
Since the start of December, Bitcoin has formulated a strong consolidation range between the price level of $17K and $17.5K. This could be a positive interpretation as compared to its performance during November end.
It could be noted that BTC is facing strong resistance above the 0.736 FIB level on the Fibonacci retracement table. The price level had also...
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I will begin BTCUSD Bybit Bitcoin Chart Analysis for December 9.
Bitcoin 4 hour chart.
I left today's...
$BTC Given resistance at $17,301 held strong during the weekend. $16,905 support being tested. Last 4H followed up the bearish engulfing from last 4H close. Both weekend 1D closed bearish, Watch $16,750 support for test if current 4H turns bearish
#btc having major resistance at18500 and looking bearish now also to movie till 16700. mostly 13th USA CPI data will determine.
#Bitcoin #nft #bnb #eth #btc #BSC #Binance #trading #altcoins #cryptocurrency #crypto #sol
$BTC WOW! Flip the bearish engulfing last 1D closing bullish. Attempted at $17,301 currently struggling at the resistance since more than 12 hours. $17,097 support yet to tested, if bullish engulfing followed thru today we could see $17,592 test. Weekend approaching
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I will begin BTCUSD Bybit Bitcoin Chart Analysis for December 8.
Bitcoin 4 hour chart.
Today's approximate Top...
$BTC Hanging on $16,750, bearish engulfing on last 1d close. Looks weak $16,750 at high risk. Watch $16,155-$16,383 for support if bearish engulfing followed thru.
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I will begin BTCUSD Bybit Bitcoin Chart Analysis for December 7.
Bitcoin 4 hour chart.
There is no significant...
BTC DIp over, Now Start Accumulating at CMP 47360.18 $, I have checked the whole chart support & Resistance and come to the conclusion that now dip over.
$BTC $16,750 testing, Last 4h failed to follow thru on bullish engulfing. Current 1d looking ugly, must hold $16,750 or it'll revisit $16,155-$16,383. Continue watching given S/R areas
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I will begin BTCUSD Bybit Bitcoin Chart Analysis for December 5.
Bitcoin 4 hour chart.
Today's approximate top...
$BTC $17,301 Continues to resist, no support from $17,097. $16,750 support currently in effect. 1D close bearish, failed to follow thru on bullish engulfing on 1D. Breaking below $16,750 will bring $16,155-$16,383 test, requires to hold $16,750 to reattempt
The past week has regenerated positive sentiment for the world’s largest cryptocurrency as it broke and maintained sustainability above $17K. The bullish rally could be reflected in the expansion of Bollinger Band’s width.
Moreover, MA-10 was able to have a positive crossover against MA-50 which could be a potential signal for more bullish momentum to come in the...
