Why Binance Coin can help Bitcoin make next move?!Hello, nice setup showing up on Bitcoin it reminds me BNBBTC price chart.
Why Binance Coin can help Bitcoin make next move?!
Let's take a deeper look.
On Binance Coin we having a triple top Expanding wedge (or rising channel) it have a bearish divergence inside:
But even after this Strong bearish signal for sell market goes up...!
What about Bitcoin?! Guess What?! we have a triple top Expanding wedge (or rising channel) it have a bearish divergence inside:
Now what?! Will market follow up uptrend or it will make this short-term reversal from 5800$ resistance, to bring more power for next bull-run?!
Daily (D) chart showing similar bearish divergence price action, I added some levels to show nearest structure:
Now Two Hour (2H) chart showing some clear triggers for trade.
Can all recent FUD about Bitfinex push prices down or up?
Good luck for your trades, and please, share what you think about bitcoin price!
Bitmax
WHEN ICX (ICON) FINISH CORRECTION Dear friends and followers
well i believe this dragon has many potentials to climb to the sky soon ..
as its clear to you fellas .. it has been doing the impulse waves 1 to 5 since Jan 2019 till March 2019
and started a complex correction waves WXY
well .. suggested buy zones on chart
stop loss also there ..
Enjoy the trade and Good luck
Another look @ the "Shorted @ $5,000 Taking Profit @ $4,750" V.2Got out from my short position. Entered at $5,000. Then BTC went to Aprx. $5,070 last night, BTC retested $5,000, then went up. Stopped at $5,010. $80 loss. Will re-enter short position between $5,200-$5,500 when there seems to be a short trade. Re-shorted $5,124. Closed it at $5,150 taking another $75 loss in order to get into another coin called BTMX on Bitmax. Made back both losses with BTMXBTC on Bitmax. Reentered short @ $5,147
OWN lauching STO's in April May and June,, Retraced to 0.618 fib,.. Make or brake situation at this point. RSI looking good with no bearish signs.
Stochastic momentum should shift north,,
Is there any manipulation on the Bitcoin going on?!Another Manipulation from whales?! Or whales forget about us?!
Check this fractal structure on XBT BTC and compare to what is going on now, we have 3 touches of top resistance (red) and 2 touches of rising support with 3rd breakout, so will it repeat again?!
RSI long time ago showing hidden bearish divergence: Price peaks going down, and RSI peaks goes Up.
Previous ideas chart you can find here:
Weekly chart overview:
Wyckoff Accumulation and Distribution Phases on Bitcoin:
Monthly Bullish Engulfing and Inside bar (will it drive prices up?!):