Bitcoin (Fake breakout) Resumes DropWhat we saw recently for Bitcoin (XBTUSD) was a fake breakout.
Prices moved above support just to quickly fall back down.
Our previous view/analysis remains valid.
Prices are now trading below MA200 and also below the purple trendline.
Additional information
Thanks a lot for your continued support.
Namaste.
Bitmex
July 10th BTCUSD Bybit Bitcoin Chart Analysis
Hello,
“Make it simple, make profit”
It’s BitcoinGuide.
Don’t forget to
“Follow” me and press “Likes”.
I will begin BTCUSD Bybit Bitcoin Chart Analysis for July 10th .
At the top is a 30-minute chart created yesterday.
Break away from the green parallel support line,
On the red finger move,
The risk section has been further deviated.
To the final 4-hour chart parallel line support line
Add drop occurred.
Yesterday, like the XAUUSD analysis,
The main indexes are all,
A drop down trend.
Everyone, I think you did well in real time.
It's really not easy Bitcoin.
on the top It's a 12 hour chart.
Overall, the downtrend is strong.
That is why ,
Than other major indices,
Bitcoin's downtrend is even greater.
The MACD deadcross is waiting at the bottom,
When reach the pink line
Additional declines may occur.
Focusing on this part, I brought a trading strategy.
30-minute chart, neutral strategy.
Based on the red parallel line,
I brought a marketing strategy.
It is a sideways-oriented strategy.
Within each section,
short day trading is important.
Also, parallel line Support are overlapped at the bottom.
If this section breaks,
At the bottom,
Please pay attention to the blue finger section.
Please refer to it,
Have a good weekend.
Thank you.
Litecoin Super Bullish. Don't Miss Imminent Journey. 50%+ ProfitLTCBTC is on strong support from last days and started to move upwards. Trendline is broken which indicates bullish move. Daily RSI started moving. Weekly RSI is at bottom.
Easy targets are on chart. Don't miss the journey for assured profits 50% +.
Easy Trade Easy Targets.
stop loss : below 0.004300
Like and Comments are highly appreciated.
Tron [TRX/USDT] on July 9 (#TRX #TRXUSDT)TRX is currently in a quite bad pattern and the potential for reversals is quite large and we should be careful because TRX may fall sharply to the 0.0145-0.015$ zone or even deeper like 0.01$
Only consider buying TRX if it breaks the strong resistance zone at $ 0.01862 for the target of 0.027$ in August
Are the Bulls back in force????!! BTCUSD... Good morning @everyone
I hope everyone saw our announcement last night in regards to the open section of the Discord basically merging with the paid, exciting times ahead of us.
As for BTC, yesterday I did mention that I was expecting some sort of pull back, where I'd be looking for a Fibonacci retracement , but happy to be wrong, we ended up pushing through that downtrend line without that pull back that I mentioned. This is now getting pretty interesting, there is an obvious target above at that level of Supply at 9600 and there are targets below, but the only thing that concerns me with expecting downwards movements from here is FOMO.
The reason I say that is, the alt coin market is doing exceptionally well & some of that sentiment might be flowing into BTC for now, FOR NOW. So if I had to look at some price points above it would be that Supply at 9600, but if we do break down (which is the scenario our indicators are favoring) I'd be looking back around that 9200 level where our downtrend line is still drawn. I'm seeing a some overbought and bearish divergence levels forming on our indicators especially our homegrown Streamroller indicator.
Prepare for both & trade safe
Bitcoin (XBTUSD) Short-Term Bounce Over?In my last post on BTCUSD Daily (D) timeframe, I mentioned a bounce to later resume the drop...
See it here:
Now, I believe the bounce is now over based on the chart above.
We have a broken rising wedge.
A strong bearish cross on the MACD.
And a close below EMA10.
These signals are sending prices lower short-term... Do you agree?
Let us (me and my readers) know in the comments section below.
Namaste.
Bitcoin (XBT) 4H TimeframeHere we have another view at Bitcoin (XBTUSD) but this time on the 4h timeframe...
We have multiple lower highs...
We also have some higher lows but the EMAs and MA200 give away the tendency...
If prices were trading above MA200, we would be strongly bullish but in this case, we see prices trading below MA200 (black line) on top of other bearish signals.
The MACD is curving and about to print a bearish cross... The RSI is still strong but aiming lower like the STOCH.
Prices for Bitcoin (XBTUSD) can drop.
Namaste.
is this where the uptrend ends? higher time frame suggests itBitcoin has been a worthy opponent this year, almost always placing us in very tough positions
There was a time where earning off of Bitcoin was easier, but that no longer seems to be the case
As it stands, it seems as if Bitcoin is crawling forward to a shallow turning point then will continue into downtrend
this means you should have your accounts in USDT and leverage the price as it goes downward
stay close for updates, or join my signals channel for more
July 6th BTCUSD Bybit Bitcoin Chart Analysis
Hello,
“Make it simple, make profit”
It’s BitcoinGuide.
Don’t forget to
“Follow” me and press “Likes”.
I will begin BTCUSD Bybit Bitcoin Chart Analysis for July 6th .
This is a 30 minute chart created last week.
Without much movement, the sideway move was finished.
Overall, there was movement within the red parallel line.
Since the purple section could not be touched,
The drop was strong, And rebound came again.
12 hour chart.
Today's new, weekly candle chart / daily candle chart
Was created.
Each major section was classified into three categories,
Focusing on this part,
I made a Trading strategy.
30 minutes chart, long position strategy.
Overall, the downtrend is strong,
There was also a rebound in the weekend gap difference.
Recently, sidewaly move,
It is advantageous to run only "long" or "short" shots.
stoploss is essential.
With a 4-hour chart and overall position
I put the weight on the long position.
Instead, some conditions are required.
1. Check the blue route and major sections.
(It should not touch the pink line.)
Touching the maximum smile section will close the long position.
2. If you touch the pink line,
Red finger section check.
(After checking the movement that touches the pink line, vertical drop is dangerous.)
At the bottom, "i dont' like" saction Breakaway It is very dangerous.
Good luck.
Bitcoin Short-Term (1H) Bullish SignalsBitcoin (XBTUSD) looks bullish short-term, let's take have a look.
We have a higher low.
A reversal candlestick on the last low.
On the chart above I also marked the short-term support level (if prices drop) and the potential targets (if the bullish set up is confirmed).
Long-term?
Can Bitcoin (BTCUSD) hit $14,000 Next?
Thanks a lot for your support.
Namaste.
July 3th BTCUSD Bybit Bitcoin Chart Analysis
Hello,
“Make it simple, make profit”
It’s BitcoinGuide.
Don’t forget to
“Follow” me and press “Likes”.
I will begin BTCUSD Bybit Bitcoin Chart Analysis for July 3th .
At the top is a 30 minute chart created yesterday.
First , BreakAway "I don't like" the section
And , Later in the red finger section It fall strongly.
In the pattern,
Bollinger Band 1-hour chart support line -> 30-minute bar resistance line (not 1-hour Resistance line)
Support line and resistance line
1:1 did not proceed in the same way,
This is a typical Down trend pattern.
6 hour chart.
Today's main section.
At the bottom, waiting for the MACD deadcross.
On the 12-hour chart, dead cross is still underway.
It's a very dangerous place.
Also, based on the orange triangle convergence section,
It is dangerous in the case of Breakaway.
And, you must touch the $9200 section,
Minimal support sections are created.
With this focus in mind, I have created a Trading strategy.
Today's trading strategy.
30-minute chart / Neutral strategy.
See the blue path and the red path.
At the bottom, the "I don't like" section and the "Smile" section at the top
Please check.
Today, unconditionally, must support.
Also, you have to reach the sky blue parallel resistance line,
You can prevent further Down Trend.
If, from your current location
If you touch the orange trend line + pink line,
Pay attention to the vertical drop or red moving path.
Have a good weekend.
Thank you.