Doji, Hammer, Pinbar and 7 Divergences ; Right after anotherSeems like there is a short-term dump incoming;
Weekly timeframe RSI divergence made exactly
under the '"May 2022"' resistance and the 0.5% Fib level ,
And there is 3 confirmative candles. Pinbar candle had made last week ,
a Hammer and a Doji candle had made 2 and 3 weeks ago.
If we make a daily candle closed under 30K ,
28K would be the next major support for BTC ,Even 25K after that . (my opinion)
Also all of the 3day ,daily ,12H ,8h ,6H ,even 4H had made RSI divergence.
I'm Bearish on BTC
Dumping
BTCUSDT strong support zones ahead and possible scenarios As we said before 200MA resistance here made local dump:
now price is near strong support zones that if these supports remain valid we can expect more pump here like green arrows.
Notice: if price breaks last support zones that are 46K and 40K support market can fall hard.
DISCLAIMER: ((trade based on your own decision ))
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Look at big negative divergence on NQI am not doing NQ because most of my money is into oil and Russell. But if I was into NQ now I would not be going for a long. The big negative divergence on RSI Makes me wiggle uncomfortably.
. I am not to say that NQ will,dump big here. But I say a long here would not be wise for me. I don't know if others see to. But I do say be careful..
Long term forecast and guidance for BTC Volume based support and resistance levels. It should be noted that BTC unfortunately has weak support at $44474.54 with prices based on Bitstamp’s data feed.
Speculation: The recent dumps by F2Pool are beginning to shake the conviction of both institutional and retail traders in the short term. Institutions are taking BTC off of exchanges which is causing thin liquidity and in turn volatility.
Guidance: Any short or longs taken should be for no more than 200pips with equal stop losses. Avoid overtrading as always, follow the institutions and take BTC off exchanges into your secure wallet.
What to do when you are late to the party? ETH volatility!Phew! What a morning! Just look at those numbers! Volatility! 🤑
Now we all are super hyped with recent ETH success to break ATH God knows how many times in the last 48hrs. That is fantastic!
However, if it all stopped there and the price would be stable - we would not be here! Daily traders need volatility.
What's so special about volatility I hear you saying? Surely it should be obvious that we all want to buy low and sell high. So if it is always high... You get the gist.
Here are today's technicals: Position is short. Forecasted highs at 1690 and unlikely to reach 1730. Today's bottomless lows depend on whale activity. Early morning resistance shows at 1567, mid-way point at 1470. Let's rock this boat!
BTC - Quick Update: Long Walk off a Short Pier?Things aren't looking good on the BTCUSDT 4H 1D and 1H charts.
Below major EMA's currently on 1H and 4H charts. Still room to fall on 1D.
We saw a bounce get rejected out of oversold on 4h Stoch and back to a bear cross. 1h stoch in freefall and not oversold. 1D just turned into what looks like an incoming free-fall in the middle of the channel.
MACD bearish on 4h shrinking divergence on 1d in the bull direction.
Clear head and shoulders formed.
If this keeps up we'll be dipping down the next support zone marked in purple.
Not financial advice. Be safe out there my peoples.
Also, how's everyone liking the new gradient backgrounds? I kind of like them :)
BTC TO $5.8K BY 04/20/2020The chart above contains clear bearish confluence per TA. Volume since 03/12 has decreased, and remained mostly stagnant. However, we can see that price has mostly increased during this time as well! This tells us that it is probable that bulls are becoming exhausted. Big Bears are waiting to step in. Here we are at a tipping point. We have failed to break through massive resistance near $7.5k. Note the H&S + bearish triangle + bearish divergence on the daily + 4hr charts. NOT ONLY THIS BUT BOTH THE DOWN AND S&P HAVE BOTH BEEN ON A RUN WHILE BTC HAS BEEN STUCK IN A 10% RANGE FOR DAYS. Take my TA as you will, you should do your own as well. Please like and follow if my TA helps you.
SHORT THIS SCAM COIN TO THE HELLAccording to my friend of Beras council we are ready to send this bitcoin scam to the hell by pressing our red buttom. you dont believe? you will deserve no money.
You follow us? you'll be rich.
Ok Indicator is in clear downtrend, and indicator below showing red bar, just watch all previous bar, this indicator never wrong.
SO short it and be gratefull with me ok