Market will go parabolically down to $5000 and then it will move upwards after breaking the trend line and jumping from the major support.
I DRAW SOME TREND LINE AND HORONTAL LINE FOLLOW THIS CHART (TAKE LONG)
If 4 hr RSI breaks down this rectangle BTC will go down to next support level (7230)
Perfect Trend line ,but Bitcoin Break 7300 $ ,So You See High Down Trend Market
Hello, Looks like bull runs could not continue beyond a few weeks. 200 day Moving Average is a major resistance for BTC. Thus the touched it and came down twice is past month. Next support is near 7.6k at the bottom of the Ichimoku cloud. Let's see how it pays in next couple of weeks.
pa 1,2,3 are showing same trends formation , is a good prob. to end up at these three blue lines ....... Right now volume is shit , no good activities happening can end up in retracing to 7400 or below range easily
we are still in safe zone ...if btc break the 7800$ then we can enter into red zone ...if btc break the resistence of 9700$ then we will assume that bullish market has been start ...but be awareness because whale are manupulating market ...so trade on alts vry carefully
• This is the first time 50MA is crossing 100MA downwards since 03-MAR-2018. This mostly signifies a downfall. • Also, BTC tried hard to get over the falling trendline but has been rejected more than twice in a row. • RSI and MACD on 1H also depicting bearish zones without divergences from the price. The next major support is at 8200-8300 and then 7700. Major...
btc sa break the desending chanel its a gud sign of bullish
1H: 26 Moving Average has just started crossing 50 MA upwards. 4H: Resistance at 26MA. We can see 7200 soon. A bullish formation can be seen.
The yellow trend line has not been broken since 2017. Zoom in and witness the support level is around 6445. This is a very crucial support level. During Feb low (6000), the trend line was still active. MACD also suggesting sell-off and RSI suggesting oversold. Other ideas: • On 4H chart, BTC is forming a double bottom with the base at 6000. If this is followed,...
Bitcoin creating new double bottom signs to going new ways of upcoming bullish trend if you want to buy btc buy near 7500 or 7000 its good timing area april wil good to make huge profit from alts and bitcoin