The consolidation, which started back on May 13 and the negative sentiment of investors regarding the market, indicates a significant position gained by a major player at an average price of 29,500, which can give a strong impetus to the growth of quotations in the future. The current momentum further confirms our expectations. Altcoins: A clear diagonal level is...
BTC USDT SELL BELOW 31600 TARGET 30736 SL 31771 Intraday Call
BTC USDT Sell below 31380 TARGET 30365 SL 31610 Purely Intraday Call
BTC is on breakout point if break 31700 then we can see BTC to 37000
This is my view for btcusdt ...considering the 3rd wave will go arnd 30150 that is 0.618 retracment level for previous impulsive fall ...that is a perfect area for short entry for second impulse
Btcusdt view short near 30150 with a target of 28400-28200
Considering Market conditions, there are higher chances of this history repeat. Be careful with your trades & getting carried away from market FOMO.
Then resistance lines above the price are my target steps. If this bounce sustains, we see next target price of 34k (50 period EMA) and/or next resistance line of 35k. Cautiously long!
Here is my weekly and monthly view as you can see my idea and plan for the monthly trading. This idea is for not taking the trade as we will trade during the bullish rally.
Bitcoin if it holds demand zone marked, price could be heading back up towards 31,400.
BTC break its range-bound area and gets rejected from its 200 ma in 4 hr time frame and we see a squeeze near 20 ma, $30544 is its next supp if everything goes normal. It come back to check its supp
Nothing much to say hear the title/heading says it all. Don't be happy yet! Continue with your shorts and trail your stop losses. 25000is may see a bounce for around a couple of thousands as was previous supports now turned as resistances. Refer my previous charts. Thank you.
Bitcoin formed a false-break from the level of $28.650, followed by an impulse movement. These facts and the pessimism of investors give reason to expect further growth of quotations, the breakdown of the level of $31.150 will give another trigger for the ascent. Altcoins: TRX , in our opinion, still looks attractive for buying, an additional confirmation of...
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (29906.37). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . BTCUSD is in a range bound, and the beginning of an uptrend is expected. . The price is above the 21-Day WEMA, which acts as a...
Well Ladies and gentlemans to awnser your question we are indeed in a bearish leg but whats the discussion? Well in my chart currently we are in a bearish leg but internally our structure remains bullish. What does that mean? Well the thing here is we had an set of equal lows and equal highs, which then equal lows were ran for liquidity but are the highs ran? No...
If we consider 8 continuous RED weekly candles. There must be a pull back towards the upside. This is how things may play out.
BINANCE:BTCUSDT at week support and currently consolidating. So movement to both direction is possible. Down trend is current trend so if it break current support a huge breakout can be expected. If it's moving other side take keep trailing stoploss.