Bitcoin is continuing to move above this trend line in the 4 hour time frame after breaking its downtrend line. If the price can maintain above this range and advance to 31800, an uptrend will be formed, otherwise we will see a downward trend again with the loss of the line. Its not Buy or Sell SIGNAL DYOR BY : Mohamad Teriz - @AtonicShark
Bitcoin is a one-hour time frame in the midline of a bearish channel that can advance to the top of the channel by stabilizing the price above 29,400. Otherwise, with the resistance, the price will fall again to the bottom of the channel. Its not Buy or Sell SIGNAL DYOR BY : Mohamad Teriz - @AtonicShark
Sharp rise will possible after breakout from up trend. Maybe we're gonna see pullback on up trend and maybe not but I think we will see it.
be greed when others are fearfull
View on Crypto ACTUSDT (27 AUG 2020) This is maddness. As the hot and dumb money are flowing into crypto space, the price can get parabolic. It can the warning signs of upcoming inflationary pressure. To us, cryptos are nothing more than penny stocks, and this maddness can last for the while until the music ends. It may retest the previous high of $0.03...
See fib lines, both past fib support lines were both .618 which is always interesting. Watch for 14EMA,21EMA crossover for possible long position- would like to see both EMA crossover and previous high to be exceeded (it pretty much is close now but candle still been formed and just the shadow hovering there at the moment). Peace and Love