BTC resistance detected from 45k area. Is demand high enough to push through the next resistance? Short trade positioned to last support zone. Is the downward wave continues or create a new Higher High?
HELLO FRIENDS, here we can see BTC in 1day time frame and it is in triangular pattern. But it made a breakout and now making a retest. If it forms one green candle in one day time frame we can enter in to long...
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Update to my earlier post which can be seen below , it appears bearish divergnece and about to break treadnline. We are in heavy resistance zone. I am still seeing sub 40k. between 34-37k maybe.
As we saw before in the chart, it reacted on the trend line and now, after reaching the first support range, it has reacted. Due to this reaction, in case of Ingalf, there is a possibility of changing the trend, otherwise, with the reaction again, the fallout scenario is still valid. Its not Buy or Sell SIGNAL DYOR @AtonicShark
Over the last 14 - months I have made these posts public here on @TradingView What I found interesting is the level of respect that Bitcoin is building, many traders are looking for short term gains - but they also contradict themselves with the idea of possessing DIAMOND HANDS!! Once you have a feel of the trend bias, it's actually becoming so respectful of...
as mentioned in the last post btc couldnt reach higher highs SEEMS he is gonna visit 30k, breaking this lvl would lead to 26k area Good Luck
While market doesn't look good at all I will keep my eye on possible "spring" move under 29 k, with liquidation wick probably to 24-26 k to downward line of big channell. Only if holds and some signs of re-accumulation I will still see chance for one more huge wave upwards in this bull run.
BTC is trading near the a critical support level and break to this level will open the doors to $33K.
a bullish run is likely to happened. with RSI indicating an oversold. Stop Loss can be set to 34500 and target 37500
# Bitcoin has traded down to a major support level. We are at a crossroads. Given how significant this level is I'm expecting a retrace and then will be looking for an opportunity to short after the re-trace IF we see price rotating to the downside. I explain my strategy, how I see the markets and how I am going to be looking to take advantage of the next...
I was expecting BTC to bounce from 1.236 fib level of wave A correction, but we broke down and are currently trading just above 1.618 fib level of wave A. The impulse wave of wave 5 of correction wave C has already crossed the amplitude of impulse wave 1 indicating that instead of Elliot, we are in Expanding diagonal waves in our wave 5. Since we know that...
The technical picture on the Bitcoin chart is still in a very weak state. Locally Bitcoin is in a range between $58K and $33K levels. At the same time, the price tried to close above the key level of $42 thousand and start a new uptrend. It succeeded, but not for long. After the liquidity gap test (strong resistance level), the price closed below the key level...
Fundamenta Aspect Recently, the cryptocurrency market has developed a strong correlation with S&P500 and Nasdaq100 both of which have seen negative growth, resulting in a decrease in the value of cryptocurrencies. Meanwhile, The absence of bulls, and political tensions in Russia and Ukraine, have exacerbated the selling pressure on cryptocurrency prices. ...
Fast Update. Everything is annotated in chart. Timeframe 1 Day. - We got a first rejection on 2EMAs (100D-200D) this is an usual correction. - Correction could down to 38k ish (61.8% Fibo) doing a first ABC. - A Breakout could propulse BTC to 50k ish (161.8% FIbo). - Shorts on Bitfinex are going up. still trying to push TheKing Down. - We could sideway for a...
Hello everyone, The market is showing weakness and the fear is increasing. Short-Medium term we are definitely bearish, long term our bullishness did not change, whoever we need patience. Have a nice trading week.
Basically, it’s some hedge funds from USA that are ruling the market. They entered 2 years ago with 2-3 Billions and go sufficient shares of the market to manipulate it With 50-100millons of volumes, they can make the price go up by 1-2k$ or down by 1-2k$. We will see Test of MA 50 and after 2 ways or demand and 47 forward or test 31K $ zone. I see a range...