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Wednesday BTC Report. Down a little bit moreWednesday BTC Report. Well, we have BTC dipping into the 50% zone and will probably come down more until price returns to the uptrend. The DXY went nuts today and created strong upward momentum pushing BTC down. BTC Dominance has been flat over the last three days and is coming down more. Pivots and LASS and the Stochastics support price continuing into the 50% zone. When you look at the lower timeframes (M30, H1) price isn't really closing in the 50% zone yet. I would look for an entry around 63,900 where there's a wick on the M30. You can see that price moved up through this entire zone in 30 minutes so there are some orders still waiting here.
COINBASE:BTCUSDShort
by stikytrading
1
Tuesday Night BTC Report. Sideways or down for a day or 2Tuesday Night BTC Report. So we have our first retracement and it is going well. We will likely see a retracement to the 38.2% area. If you look at the H1 chart, you will see a beautiful Drop Base Rally where price will probably go get some buy orders from. There is nothing in the entire 50% zone on the H1. But on the M30 there is a sweet RBR right at the 50% line. May come all the way there but I am guessing this will be a smaller retracement. The DXY is coming up slightly and BTC Dominance is falling slightly so sideways is a likely move overnight.
COINBASE:BTCUSD
by stikytrading
Saturday Night BTC Report. Bullish momentum.Saturday Night BTC Report. Price moving up and looks good. Stochs and H4 LASS all agree with moving up to the seller's zone about $1,000 up from current price. Daily LASS on the way down but I would think that would have an effect once price makes it to the seller's zone. DXY closed so nothing there. The BTC Dominance is moving up finally so maybe the ALTs are giving some space to poor ole' BTC lol. When the BTC train leaves the station, I do expect it to be on an engulfing candle that will at least make it up to the seller's 78.6% zone before pausing. Probably a one day big boy candle. May be soon. Set alerts and be prepared.
COINBASE:BTCUSDLong
by stikytrading
Wednesday Night BTC Report. Small Dip going higher into the mornWednesday Night BTC Report. Ok, this is really Thursday morning already but you get the idea. Added some cool color shading to the charts to make it prettier. Bitcoin doing it's best to make life prettier. The Stochs say down but everything else says up. I'm thinking we may have a small retracement and then push higher into the 50% zone into the morning. DXY trying to move up and the BTC Dominance still seems to be dropping. ALT season is in high gear. Many of our projects are making double digit gains daily. Sheeeeesh. Glad I have those ♦️🖐🏻!! That DOT though...
COINBASE:BTCUSDLong
by stikytrading
Tuesday Night BTC Report. Small retracement followed move upTuesday Night BTC Report. Small retracement with a move up after. BTC is struggling to get above the 50% zone but it looks like it will either be tonight or maybe tomorrow sometime when we get that nice bullish engulfing candle out of the zone. Probably stop a little bit at the 78.6% zone before creating new all time highs. DXY only slightly moving down as is BTC Dominance so small moves all around overnight more than likely.
COINBASE:BTCUSDShort
by stikytrading