BTC is currently, potentially creating a smaller Cup & Handle formation. (In white) And, a potentially larger Cup & Handle formation. (In Blue) Bitcoin has been on an absolute tear the past few days, and these formations could come into play down the road if price action continues to fill them out. Whether it will be the smaller (White) Cup & Handle, the larger...
After a while consolidating within 41k - 29k range it found resistance which is the upper descending trendline -- and is set to make a sharp drop into 20k zone. A corrective continuation beyond the upper descending trendline would then accelerate the impulse to the downside. Plus a bearish daily chart pattern is forming, if today's candle close intrudes well into...
BTCUSDT Technical Analysis Update Resistance Breakout BTC/USDT currently trading at $23400 LONG ENTRY level: 23200 TO 23500 STOP LOSS: Below $22600 Resistance level 1( Target 1): $24100 Resistance level 2 (Target 2): 25000 Max Leverage: 4X ALWAYS KEEP STOP LOSS... Follow our Tradingview Account for more Technical Analysis Update, | Like, Share and...
I think BTC still in corrective Mode that why i can expect these kinds of next expected moves.
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Hello guys, hope you're having a good day. After a pretty successful week where all the targets on BTC:USD which were covered on the previous article has been finally met, let's get into another breakdown and try to predict further potential movements on this pair. Starting off with the weekly time-frame after rocketing to the 9500 level, you can see that this...
Everytime Bitcoin goes UP, ALTS go up just a little, and Everytime BTC goes down, ALTS go down a lot! If you don't believe me check your favorite Alts and you will see (of course there are a few exceptions, but not for long) Knowing this if bitcoin has a big drop, lets say to around +-$4100 or even lower, to +-$3400 what will happen to those ALTS that are...
No pointing on fundamentals, only the graph is so bullish. Too many reasons to buy 0x
Today Bitcoin is trading under highest volume of the past 19 days, and currently it stands at 27k BTC. Yet, the day is not over and volume might increase even further. Now BTC/USD is testing 78.6% Fibonacci support at $6258, which so far is being rejected. Overall, there is no clear direction established by the Bitcoin, as it remains above the $6000 support....
Dear all, Here is an update on the daily that just closed. BTC has nicely or even perfectly closed below resistance... In the meantime RSI is overheated and is now showing 4 hidden bearish divergence points while price is forming a double top. Needless to say that the next days shall see some red around the charts. Especially since we did not witnessed any...
BTC made an good run from 6500 towards 10K. Needs to get some steam now. Likely to have a bullish reversal around 7800ish where most people expect a retrace towards 7350ish where the biggest support is. Likely that's why we'll bounce higher to make people chase it... Also having a bulldiv on the 4h. and 12h. in the making. Let's see if this plays out.
We are already after the Bitcoin fork, as a result of which the new cryptocurrency has been created - Bitcoing Gold. Its current price is 135 $ and over the past 24 hours it has grown by almost 23%. The Bitcoin rates after reaching our assumed TP at 6200 $ went into correction phase. We see that the current correction probably ended its decline after achieving the...