Fib circles and retracements are one of the best tools/guides to where the market may head. You can clearly see that previous action truly respects these lines. On this chart we see that Bitcoin has failed to pass through the top white line which is a larger fib circle on a number of occasions. Once it breaks the orange circle that has been supporting it the...
Couple of bearish indicators on the ETC/BTC signalling a short-term short? 1. Bearish div with RSI and Stoch RSI 2. RSIs are overbought 3. Ascending wedge 4. Low volume on last candle I would place a short here with stop loss at above 141k sats. Last exit would be 110k sats for me.
As we can see BTC has exited its declining corridor... My previous chart that I attached is talking about how BTC shall hit 10k Dec/Jan, well it took a bit longer for that But for now it is pretty clear that BTC is going up for the short run. We can easily make some extra cash by trading on short. We can see that BTC is being were bullish towards the recent...
We have a shooting star forming on the hourly. This could lead to small drop, w/RSI over extended on 4hr on down.
Short posibility. Keeping stop near to enter
Weak market. Respecting trend. 1.7 RRR. Gotta make new higher high but don't see that happening anytime soon. Previous support level blue line indicated. Good luck!
Got to see what both sides of the coin look like. if this was the correct pattern, we could get 8800-9k or we could fake break up and drop. We will see soon enough how this plays out. If this plays out, you better come give me a like for charting the trend you didn't want to.
As we can see, btc are in strong resistance, couse we go to flat. Let's see on story. We are located in July 18 (today Jan 20): Go to 2018 and copy that bull wave with High: And paste it today in prportion 1:1:
Hi Traders, Today I had to consider quite dificult counts because of overlaping structure (7700-8280). Bigger chance is, its corrective wave. So rightnow we should be at the beginning of wave C. Bes setup is to wait for confirmation and price drop below 1H 55 EMA (aprox 8K). to open short. Or wait for Buy signal (RSI convergence) inside of 7700-7600 Area....
All description on the chart. Please, don't forget to like and follow. Thank you.
All description on the chart. Please, don't forget to like and follow. Thank you.
All description on the chart. Please, don't forget to like and follow. Thank you.
Expecting some downside after all of our targets were hit on the long call. Starting to see some bearish divs on the 1h and 2h with low volume pumps. Entry: 8294.5 TP 1: 8077 TP 2: 7741 SL: 8466 CryptoCue is not providing investment advice and is not taking subscribers’ personal circumstances into consideration when discussing investments. Investment involves a...
Under the 55-EMA.. downside risk remains. Still like $5500 as long as trend is my friend.
Hello my friend! Looks like a great short opportunity is here. This information is not a recommendation to buy or sell. It is to be used for educational purposes only.
I was bullish, but without any significant update of bull run and everyone bullish on tv troll box I'm turning bearish again. Stoploose somewhere above 7200 but not shure where.