Long YEGLong YEG
Entry 1: 16.5; entry 2: 15.5
Exit: 14.4
Target 1: 39.6; Target 2: 59.2; Target 3: 92.5
Signal
+ Bullish divergence from Jul 18 to Jul 21
+ Weekly chart: price penetrate MA from below. Daily chart price slightly go above MA from below.
+ Heavy volume bars around 15.5, and stop price drop lower.
Yeah
Bitcoin's decending resistance linehello my friends.
There is a decending resistance line(purple line) that is keeping the price from being bullish. this line is created during April and has been touched for two times.
If it can pass this line then it is possible that the price break the upper line of the accending channel and next resistance is on 1.618 fib level. Otherwise Bitcoin will drop to the lower line of the channel and finds immediate support at $47K.
Good Luck
DISCLAIMER: The information provided on this article does not constitude investment advice, financial advice, trading advice, or any other sort of advice.
STAR Technical Idea Technical analysis on $STAR, trust my levels
Eli | the king of trading view
Move over @bullishcharts
long call on ETH :D Another Good morning call lets catch these pips! ive been busy trying to get better at the crypto market since it has it has its differences time to time but so far ive been paying attention closely to come conclude this call today, thank you leave feed back. BE SAFE. LETS GO! ive placed my entry level and SL and make sure to secure moves. thank you! Money team.