Bitcoin fell sharply today and at the moment it is at a strong support in the region of 20,000 ~ 20,300, I believe that now the most likely is a pullback to 20,700 to try to break the 20,000 down or test resistance at 21,430.
first step btc come down to 30k , second step it can come down to 20 k
bearish symmetrical triangle is going to complete , volume divergence ( weak hands buying ) , if btc cross down the daily flag , it can come down to 37200 but it has very strong ressistance at 39000. if this idea happen , we should be ready for bears riding
flag breakout and pullback to flag , strong support at 40100 , can btc cross down the daily channel today and come down to 37100 ??? i am ready for fall ...
hello traders I recommand to keep eyes on this critical level ( around 45900) : -if broken it will rise until 59000 and more - if btc make its pull back there so reversing down will accure and we will assest to free fall maybe until 34400 So remember that all thinks are possible, and we do not have a cristal ball predicting BTC future but we try to be more...
hey guys.. you can see btcusdt bos appear as break LL and now btc price going to mitigate the OB zone then market go back to downside .
BTC just hit its trend and apparently going up to one of those green or yellow lines and then dump a bit, we must see the next reaction, I think it will be its top from now on until it goes to at least to 47k range, it might go even below 29k and then goes up...
As we can see the chart shows there is no volume for 4H graph. First of all, I'm waiting to retest nearly 34891 resistance, then go down noticably.
Bitcoin are showing signs of weakening. 1.RSI are poiting down, and btc growing price. Possibility of Diverging RSI. 2.Bitcoin are loosing vol. That's mean the main trend are loosing strength. Technically by the books thats mean the trend are wrong, people are not interessed at that price. 3.Bitcoin broke a triangle at 60k and should be flying 30% right now,...
Hi Traders! These are the levels to watch right now!
Here we have btc/usd head and shoulders pattern which is not in action yet. 1. The action to be started right after the neck of the pattern is broken. My recommendation is to take short from ~32k down to ~21k. 2. If the i.1 is not be in action, then the graph will certainly rise after 15th of Jan of 2021 as it go through the diagonal line above. The trading...
Hello! Briefly about the history. The price continues to move according to our main scenario. In the previous idea , we wrote about the critical level $10,750 , which buyers could not cope with within 9 days. There were false breakouts and nothing more. The mark $10,600 is confidently broken on the volume and we believe that it is just the beginning. News...
Targets 2.250$ / 1.220$ All way free for a epic drop of BTC
BTC dropped as expected after multiple tests of resistance. Bounced off support. The rebound from support does not look strong, so I think there will be another test of support. Plan to long XBTUSD in red area around $6000. Information is just for educational purposes, never financial advice. Always do your own research.
That was quick. :D Now I will wait and stay short until the market will provide some more indications. Mike
Hi people. Few hours back I was still LONG and waiting for what BTC will tell. Now I cancelled my longs and we are going short for short-term correction. Too many wicks on top.. price is continuously rejected from higher prices. Too many chances to break out. But at the same time everything looks kind off nice and safe.. It seems too obvious that BTC is forming...