BTC Update! I see clear bullish divergence on 2h TH, the price is reaching extreme zones of overbought indicator wile price is breaking from important EMA lines. There is potential move towards first resistance zone which is at 27600 and 28000. Not a financial advice.
BTC Update! Bitcoin recently experienced a drop, which was largely anticipated based on my previous analysis. The question now is, what comes next? From my current assessment, it appears that this sell-off was mainly a result of numerous long liquidations, rather than a shift in sentiment or change in trend. I can observe a gradual accumulation occurring from...
BTC Update! Bitcoin has been trending slightly downwards for 2 weeks now. I noticed rising volume with selling pressure whenever the price tries to break through the resistance level. There are no signs of bulls stepping into the market, only accumulation in the support zone. The most probable outcome in this scenario is for the market to continue trending down...
BTC update! I see rejection on key resistance level! Volume is rising which suggest that Bear's are strong for now. Most probable outcome is market to go down. Not a financial advice!
BTC update! BTC has been experiencing a downward trend for the past 10 days. Currently, the market is below EMA’s on all charts except the 200 on the daily chart, indicating a bearish sign. Additionally, there’s a crossing in the extremely oversold zone in my indicator, which could suggest a prolonged stay in this region. Based on this scenario, it is likely that...