CryptoPivots

CryptoPivots

BTC seems to be forming a H&S pattern on the 15m. If we do see a break below 45.8k the chance of completing the pattern increases significantly. If it does break below 45.5k then the pattern is confirmed and we can expect a retreat to 44.5k which is the S1 level.

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SOL has a crazy run recently. Even on the historic day 2 days ago it still closed Green and around 6% above Open. However, is it too high now? MFI and similar oscillators did not mean anything on the way from 130-190 but now maybe? I’m expexting a break below R2 (185) and a further pullback to 173 (0.618 fibo). Time to test the water with some small short...

CryptoPivots

422-425 looks like a strong area of resistance for now plus MFI is over 75. We may see a breakout below 403, confirming the double (tripple?) top pattern and a retest of the 382-383 level.

CryptoPivots

Please help me get at least 5 rep points so I could communicate in the chatrooms. Btc looks like it’s forming a double top. We can also expect a breakout from a triangle pattern and then a retest of the 45.6k level.

CryptoPivots

I’m currently staying out watching. I think the market may make a retest to the $384 or at least the $400 mark. Also please help me get at least 5 reputation points so I can talk in the chatroom. Thank you all very much!

CryptoPivots

MFI is currently neutral, may go either way. Bayesian prob is pointing down. The price itself is in a seemingly flat-top triangle which means a possible breakout upwards. I’m staying outside for the moment and waiting for market to decide.

CryptoPivots

Cudos to those who longed at 43k yesterday. BTC is at a critical point where it’s trying to decide the next move. We’ll probably see a retest of the 43k level (0.618 fibo) and from there the next big move. If 43k holds then we may expect a double bottom and a possible uptrend continuation. If it doesn’t hold then a new downtrend is in progress. For now I’m more...

CryptoPivots

Good morning traders, We can see that BNB forms a double top on the daily then falls dramatically. It then bounces back a little near 355.5 (0.618 fibo), however still closing below the uptrend trend line. I believe 350-355 is a super critical region. If it proves to hold as Support we may see an uptrend continuation on the daily. If it does not hold then we can...