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
We are going to test one more time red line resistence.
btc bounce back from 7500 to 9500 end of the may be going to hit 12000$ to 13500
Bitcoin is testing the 200 day Moving Average now. Next big test is the Ichimoku cloud resistance. Also MACD is closing the gap for price line. If it is crossed, bull run may begin. This is an exiting setup. I am closely watching it.
Despite dipping below its 8-months trend line of $7800 and touching a daily low of $7318, Bitcoin managed to recover above its major support area of $8000 due to the recent short covering in today's session. We can see a small falling wedge pattern on the charts today which indicate a short term exhaustive buying in BTC if it sustain above $8200. Bitcoin is taking...
BAT Pattern or Crab Pattern ? What do you suggest ?
Could this be possible ? Looks like it has been fulfilling all the criteria's so far. Note - This is Not an investment advice
Just watching the play.. Disclaimer... Not a trading advice....