btc.d facing a resistance line. alt season soon?
$BTC already failed a couple of times to break the resistance level. IMO it's do or die time.
$btc showed great strenght/momentum from <$4k to ~ $14 and we haven’t seen this kind of strenght ever since. What does this tell us? The move upwards was most likely the longer current trend and the current downward movement is a correction. This correction reached the 61.8% fib level, but as it’s a wave 2 it could reach new levels. It’s actually not so...
You can see the Chart of Btc Dominance on Daily Timeframe . I have Mention Support and resistance levels on Chart Note: This is only for Educational Purpose this is not an Investment advice. Please support the setup with your likes, comments and by following on Trading View. Thanks Adil Khan
Technical analysis: . BITCOINDARK/BITCOIN is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 71. . The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of the resumption of an uptrend is increased. Trading suggestion: ....
Technical analysis: . BITCOINDARK/BITCOIN is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 71. . The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of the resumption of an uptrend is increased. Trading suggestion: ....
BTCD/BTC decreased in the last days and now is located right below the median line (ml) again. It should drop further if it will stay below the broken median line (ml). We have an important downside target at the WL1.
The price is at lowest point of the trend. The MA 7 and MA 200 are at bulish trend which affirms the long trend. BITTREX:BTCDBTC The price is at lowest point of the trend. The MA 7 and MA 200 are at bulish trend which affirms the long trend. BITTREX:BTCDBTC