CanerBly

CanerBly

Bitcoin has been in parabolic upward movement with a high momentum for a month and there is no doubt it will consolidate sooner or later. The trend remains bullish at the moment however Bitcoin has to take a critical decision since the price got stuck in between upward trend line and the resistance of 16k If the price successfully stays above 16k with a...

CanerBly

IRS indicates overbought condition Current price is at the top of the bollinger band. The price needs to test 20-days moving average before it breaks the resistance of 14,000 USD There will probably be a pull back to around 12,500USD first. In case of further downward movement, S2 and S3 levels should be watched If the upward movement continues without...

CanerBly

TRB is at the support level. IRS indicates oversold condition. Since BTC is in consolidation, most of the alts has reached their support levels.

CanerBly

TRB is attempting to break its resistance levels.

CanerBly

Waves has broken the downtrend in the beginning of October. Since then the 4h chart has been drawn higher highs and higher lows. Upward movement may continue after a slight pull back. There is an swing trade opportunity which may give up to %20 in short term.

CanerBly

Similar pattern with Bitcoin. Price has reached to the resistance area and there will probably be a pullback to the trendline.

CanerBly

Bitcoin has came back to the upward trendline with strong momentum however, it got rejected at resistance level of 13,200 Price is currently out of the bollinger bands in daily chart. IRS shows a sign of overbuying Possibly, there will be a correction to the trendline.