I see so many people getting excited with the 5% move over the weekend, I'm not seeing anything to get excited about, yet. BTC has moved back up to the top of the channel, only to face resistance at 31k. If Bitcoin does break past 31k, then there is huge resistance at 32k. So, looks like all the weekend buzz is over nothing. Time to short???
Hi mates, We touched support (BB)! Support hold. Pullback expected to Yearly Pivot. Indicators: Traditional Pivot P = Middle Line (Blue) Bollinger Band (1D 400 StdDev 1.618) -- Much success tbot21 the trading robot 🤖 --
According to that chart we may experience another bitcoin dominance drop, the entire market shift to Proof of Stake mega trend and it will mark the birth of a new global decentralized economy.
Hello my friend, Everything is clear on the chart for you like always. monitor the price in circle and at retesting the level to enter the position. Good luck. If you like the idea, do not forget to support with a like and follow me for next analysis :) Write your comment and opinion below to me
Hello my friends! Again a chart that shows that we are bullish as always. If we look at the strong support areas and draw a line, we get a clear picture imo of where we are. I don't understand for a long time, the talk bitcoin is bearish or could get bearish. Even in 2018 we were not bearish. Okay, Bitcoin is volatile. But Bitcoin is volatile in the uptrend....
Bitcoin has broken down the descending channel upward at the 4 -hour frame time and is close to the resistance area, and here if the moneyback is to the canal breakdown and resistance, we will expect up to $ 5. In the chart, I specified the support and resistance range. Its not Buy or Sell SIGNAL DYOR BY : Mohamad Teriz - @AtonicShark
HEYYY GUYS , good morning! we can see that the market is volatile and we can't make sure about his next move , i tried to give you one of the fort probabilities about BITCOIN WHAT DO YOU think GUYS !
BTC breaks above the triangle and created a chance to test $32000. Right now market suck in its near term resistance level of $30767. SO, technically it may go in some downward correction. But, market seems very strong buy momentum. So, if BTC breaks above its near-term resistance level of $30767 we can buy instant and one kore buy limit order at its near term...
Algorithmic stablecoin UST dropped by 92% and there are still different rumors: the network collapsed on its own or was deliberately destroyed to buy back all the Bitcoins from the Terra Foundation. As we know, about 80,000 BTC were used to secure this stabelcoin. Many holders of UST, just stablecoin(!), have lost about $10B. 📊In order to understand how it all...
Bitcoin - bulls got liquidated. For break up we need additional confirmation by volume
The wick below the minor support will have lured a huge amount of sellers in. I would assume that price is likely to target seller liquidity now since price did not flow to the downside after the breakout.
I spent all day colouring in the chart, I hope that someone enjoys it! Watch out for the $30,500 testing resistance could retest and dump??? Play safe and have fun!
Taking a look at bitcoin it has currently traded into resistance at the top of the range. In the video I discussed how we could look for a trade opportunity from the current price level. All explained in the video, not financial advice.
Nothing is perfect… This is a Gann Study. The support/resistance have been working pretty constant… the Gann mapping was done in January. Pegged the 25k as a wick. Does it mean it won’t go lower? It is a study. If it heads towards the pink circle marked out… this will be interesting. DCA Safely. If BTC dominance gets to high alts could be really hit hard…...
A hallmark feature of bearmarket downtreads are bullish divergences on the MACD (2D). The $btc lows and the MACD patterns take similar shapes. This pattern tends to be followed up by a pump. Obviously, what happens afterwards remains to be seen, as 2017's capitulation wasn't over
Hey traders, in today's trading session we are monitoring BTC for a selling opportunity around 27k zone, once we will receive any bearish confirmation the trade will be executed. Trade safe, Joe.
Expecting the market to rally until the Fed meeting, and MFI is rising for BTC. BTC probably rallies with the market until the next Fed meeting. No point in buying BTC though, your returns will be better with stock options or meme stocks.
Between H3 and L3 we have a ranging price. under L4 or above H4 we can targets breakouts to levels 5 and 6 with stop at corresponding sides 3 of whichever way it breaks