HI BTC / EUR hit its resistance line and goes down to this point. Follow me to learn more. Hope to see.
Short opportunity taken on BTC / EUR based on Downtrend Line acting as resistance (lower lows). Idea seemingly confirmed on the LTF. Trendline is far from perfect and R is not optimal, I would not advise taking this trade. This is just a idea traded while playing with a small account with leftover Euros. If 6,552 is taken trend line is invalidated and should act...
The price chart has been showing a very marked downtrend trend for days. The price chart level fluctuates constantly below the EMA200 chart level. The most significant signal to confirm or not the reversal of the general trend even in the presence of volume movements. Given the previous history and the cyclical trends before the Halving, it is very likely that the...
In my analysis, the downward trend continues. The second triangle in yellow is the most recent. If we are lucky in case of descent from the current value we can choose to enter. To buy (To enter, wait for the dynamic support to be checked) - Il valore minimo di rimbalzo (per acquistare) è di 8389 Euro +/- If we have successfully entered, then we can wait for...
BTCEUR, Short from 8,5k to 7,8k, in descendent trend channels with Fibo's retracement.
The bearish trend is confirmed and continue. - Don't buy now. - The checkpoint to control the trend and open (buy) or close (sell) positions at - 9.800 Euro - 8885 Euro - 7724 Euro MACD: Instant Time Frame - It is confirming Downtrend RSI: Time 1D/1H - It is confirming Downtrend DMI: Time 1D/1H - It is confirming Downtrend Bollinger Bands - on Low Band...
BTCEUR, SHORT POSITION for +15% next 3 Days. Wait for the passage below 8.900 Eur, If the downtrend will be confirmed. 1. Sell from 9.750 Euro. 2. Support at 8195 Euro. 3. Test support (Wait for testing of support) -> Re-Buy at 8.300 Euro 4. Timing: 3 Days. BE CAREFUL -> Around 8,840 Eur - Point of a potential reversal of the trend.
BTCEUR going down til reach 5100 area as new support for the new wolfe wave up
In my opinion and as I said previously we have to reach another bottom yet
BTC/EUR rejected at channel top. The pair has broken below 21-EMA and 5-DMA supports and we see scope for further downside. Technical indicators on daily charts are bearish. Stochs have rolled over from overbought levels. RSI shows weakness below 50 levels and is sharply lower. We see -ve DMI dominance which adds to the bearish bias. Downside targets lower...
BTC/EUR consolidates break below major trendline support at 5920, bias lower. The pair has hit fresh 2-month lows at 5635, before paring some losses to currently trade at 5770 levels. Technical indicators are biased lower. Price action is below major moving averages and major EMAs are biased lower. Momentum indicators are bearish and -ve DMI dominance adds to...
Looking like a rising wedge. Staying in cash and waiting for change from Higher Highs and Higher Lows with some volume and expect a drop of approx 300 euro. May look to go Short with a small stop loss.
BTC/EUR extends weakness below 200-DMA, scope for further downside. Price action has retraced channel breakout and price has slipped below major EMAs on intraday charts. The pair has broken below daily cloud and momentum studies are heavily bearish. Next major support on the daily charts lies at 78.6% Fib retrace of 2502 to 16457 rally at 5488. Violation there...
BTC/EUR extends weakness after break below minor trendline support at 6350, bias lower. Technical indicators are biased lower. RSI below 50 and Stochs are sharply lower. MACD is well below zero levels. Upside remains capped at 5-DMA which is immediate resistance at 6455. We see minor upside on break above. Price action is well below 200-DMA and daily cloud and we...
BTC/EUR has failed to extend upside after showing a channel breakout in last week's trade. Price has slipped lower to re-enter slopping channel, we see scope for further downside. RSI has slipped below 50 levels, momentum studies are bearish, MACD is on verge of bearish crossover. Bears now eye strong support at 200-DMA at 7434. Violation at 200-DMA will see...
BTC/EUR has extended downside after decisive break below major trendline support. The pair has shown a breach at major support at 200-DMA, currently at 6626. Technical studies are biased lower. We see -ve DMI dominance which supports further downside. RSI and Stochs sharply lower, momentum heavily bearish. 5-DMA is sharply lower and Bollinger Bands are...