Coin_Savvvy

Coin_Savvvy

It's been a while since Bitcoin has really been doing anything interesting other than playing around in this triangle. To speak easily on this, the bears had their chance to break down at that $9,500 price area and they failed. Now the bulls have their chance to turn this thing around. Looking at this daily chart we are seeing Bitcoin with a large green candle...

Coin_Savvvy

Hello friends, I want to discuss bitcoin and what I think is happening based off technical analysis. Above we have the 12 hour chart with a few different boxes and lines drawn. It looks like we are in yet another bullish accumulation pattern jut like the previous one at $8,900 to $9,500. That accumulation pattern brought us all the way up here to the current...

Coin_Savvvy

Hey everyone, CoinSavvy here and I hope you are all doing great at whatever hour it is you’re reading this Bitcoin price update! This is a 4 hour chart with a 21 ema (white line) - coming in around $9,080 as of right now. Bitcoin is trading within this triangle formation I have drawn here. It also has not closed below the 21 ema in 9 days. If Bitcoin closes...

Coin_Savvvy

CoinSavvy here with a Bitcoin Analysis. Bitcoin closed the daily chart with a hanging man doji and right below $9,000 however I think that’s just due to the exact time that it broke bullish and the lower time frame oscillators being at extreme levels. If you take a look at the weekly close it looks very bullish with a higher low set and now a higher...

Coin_Savvvy

CoinSavvy here with a Gold Analysis (short term and long term) Gold lower time frames are all bearish and pointing lower and medium time frames are getting weak and looking like they want to put in a local top. All of the lower and medium term time frames are confluent with going down for the short term. The daily chart also just had a fresh stochastics cross...

Coin_Savvvy

Hell everyone, CoinSavvy here with a Bitcoin update. Things have been boring, now they just turned interesting with the recent 4 hour close. We closed the 4 hour above $8,150 which is my indicator that we are heading up and the next major resistance is around $8,650 Coin Savvy, signing off. Enjoy your day, enjoy the charts, and respect the technical analysis .

Coin_Savvvy

CoinSavvy here with a price update on Bitcoin . Things have changed, and I want to update my analysis and my trade game plan. I have exited my Bitcoin position as it closed multiple 4-hour candles below $8400 (see “Bitcoin: Higher Time Frame Breakout Series – Daily” linked at the bottom of the page) for my setup there. I had entered in around $7400 ever since the...

Coin_Savvvy

Bitcoin has increasing price with decreasing volume on it's attempt to recover from that bear move... Not what the bulls want to see, I see this next target somewhere around $7,750 This will kick off bearish divergence on the daily, 2 day and 3 day time frame whose indicators are already starting to turn over... I will post that in a separate article. Coin...

Coin_Savvvy

CoinSavvy here with a breakout update, we are going to focus on different time frames to give us a heads up of what is to come after this breakout is finished rallying, so far though very exciting and if you look back at my post from the 17th here you can see that the 3 day closed above the 200 sma and how I wrote if that happens then Bitcoin is going to around...

Coin_Savvvy

CoinSavvy here with a breakout update, we are going to focus on different time frames to give us a heads up of what is to come after this breakout is finished rallying, so far though very exciting and if you look back at my post from the 17th here you can see that the 3 day closed above the 200 sma and how I wrote if that happens then Bitcoin is going to around...

Coin_Savvvy

CoinSavvy here with a breakout update, we are going to focus on different time frames to give us a heads up of what is to come after this breakout is finished rallying, so far though very exciting and if you look back at my post from the 17th here you can see that the 3 day closed above the 200 sma and how I wrote if that happens then Bitcoin is going to around...

Coin_Savvvy

CoinSavvy here with a breakout update, we are going to focus on different time frames to give us a heads up of what is to come after this breakout is finished rallying, so far though very exciting and if you look back at my post from the 17th here you can see that the 3 day closed above the 200 sma and how I wrote if that happens then Bitcoin is going to around...

Coin_Savvvy

*********THIS IS THE CORRECT DAILY CHART DISREGARD PREVIOUS ONE********* CoinSavvy here with a breakout update, we are going to focus on different time frames to give us a heads up of what is to come after this breakout is finished rallying, so far though very exciting and if you look back at my post from the 17th here you can see that the 3 day closed above...

Coin_Savvvy

CoinSavvy here with a breakout update, we are going to focus on different time frames to give us a heads up of what is to come after this breakout is finished rallying, so far though very exciting and if you look back at my post from the 17th here you can see that the 3 day closed above the 200 sma and how I wrote if that happens then Bitcoin is going to around...

Coin_Savvvy

Coin Savvy here with yet another analysis for all of you! There’s something I want to talk about with all of my viewers and it’s the 3 day chart. If Bitcoin closes this 3 day candle above its 200 sma then I would expect a move to the $9,000 to $10,000 region, this may take some time after the close as we are dealing with higher time frames which just takes time...

Coin_Savvvy

Bitcoin’s daily bar has just broken yesterday’s at 7654.93. This has made some bearish divergence and I have a target around the 21 ema at 6600.

Coin_Savvvy

Bitcoin has broken past the 12 hour candle that put in our top (7746.75), which indicates a local top. This has now put in some bearish divergence and I have a target of around 7200 (where the 21 ema is at)

Coin_Savvvy Updated 

Price broke below 8150 inciting bearish divergence on the 3 hour and 4 hour chart 3 hour target: 8050 4 hour target: 7925