Last wick triggered all stop losses below 29.227 If BTC closes a candle below 29.227, the demonstrated waves needs to be approved wrong.
The squared areas looks so similar, both in volume and impulsive momentum. The move in the first box was made for filling the imbalance on the left peak. When gaps are filled, price continued to decrease. Second move gave us a lower low before happening and also filled the imbalance on the left again If it has already happened before, why shouldn't it happen again?
As BINANCE:BTCUSDT dump started from 32.139 price made a range, somebody call it triangle but in my point of view it has range between 30.784-28.193 Since last BOS occurs, price could make a LL(lower low) and a LH(lower high) Orange are above is my POI but market conditions should be checked again while price is close to POI
Eth now trades at : BINANCE:ETHUSDTPERP Ethereum price stays at demand zone. The price completed its AB-CD pattern and (I think) it made a decent amount of pullback. While FED's interest gives confluence to the market, buyers made a good push through green zone. A daily closure above 2878 (marked with red circle) may be ignite another higher low for crypto...
Possible breakout for both downtrend and fib wedge resistance. These are pros and cons of this setup PROS There is a Bullish Divergence in Volume Price Trend indicator. (by:AdonisWerther) The wick of the last low didn't go below last lows wick. Strong support at 0,8861 levels. Price is still trying to break fib trend resistance. CONS Buyers volume is still...
Hello fellow traders! We have been hit ETH S&R Flip point. We can clearly see that S&R Flip point rejected the price to increase. If price goes above flip point, resistance is going to try to push price downward. If stays below flip point, support should be retested. Key Areas; Support: 2479 - 2447 Resistance: 2680 - 2699
Last bullish move was good. But not good for a bull market starter. Lets see how. The price is moving at same ranges for 2 day. At this time there is 50/50 long short orders. 9.05B Long 9.17B Short Yes I am bullish too but Bitcoin needs to feed more.
I wanted to share my thought about Bitcoin. I think everybody is waiting retest at 41k's and then bullish moves. Probably the price is going to give Higher High one more time. Need to watch structure. If it is not goes above right shoulder a possible dump may be faced.
Greetings from another Bitcoin prediction but this time I made it with candles. Lets watch and discuss our ideas!
The downtrend should be strong enough to hold BTC below trend line. Another retest for downtrend is possible but I don't see any kind of bullish volume activity on Bitcoin except the pump that happened on cryptocurrencies. For a possible downward price actions 29.877 might be the last dip. Key Areas; Support: 36.169 - 34.000 - 29.877 Resistance: 40.486 - 44.649 - 46.265
We can clearly see a pullback after big fall that we lived this week. If BTC goes above 40.000 ETH can break this resistance line that the pullback is close to. If weekly candle opens below (2857-2944) resistanca area it could be a possible fall for ETH. The fall should end at blue uptrend that comes from 1 year ago. If price hits below blue uptrend maybe we can...
There is a downtrend on a retest right now. With this uncertainty in the market price may give us lower lows. Key Areas; Support: 0,732 - 0,597 Resistance: 0,812 - 0,837
We can clearly see there is a uptrend on 4H time frame. After the price fall below uptrend and made a valid retest at downside of the trendline. It's going to be bearish until price hits upper side of trendline. Key Levels; Support: 37.266 - 36.013 Resistance: (39.020-39.369) - 40.772 - 42.962
There is a downtrend breakout on BTC/USDT pair. But volumes at the breakout not close to average volume. It can be a possible bull trap needs to be careful to open position. Key Areas; Support: 26.203 - 34.382 - 33.697 Resistance: 39.137 - 39.513 - 41.131
Ethereum seems to falling below weekly support ($2648) line. RSI is 38, it means there is a average downtrend. If ETH breaks blue downtrend it can go higher but until this happens there is no room for bullish movement. Key Areas; Support: 2648 - (2388-2318) Resistance: 3353 - (3936-4058)
As seen Ethereum just stays upper side of support. Weekly candle close should watched for positioning. If ETH falls below support it can make pullback to previous supports. If stays upper sides of support it should start possible bullish scenario. KEY LEVELS; Support: 2855 - (2401-2321) - 2052 - 1707 Resistance: 3293 - 3917 - and then ATH levels
BINANCE:BTCUSDT We can clearly see Bitcoin is trying to stay upper sides of falling trend. If this weekly candle closes above trend, it can be a possible bullish sceneraio for cryptocurrencies. When Bitcoin goes below 38.283 it should be a part of falling trend. Key levels; Support: 41.633 - 39.910-38.283 - 34.931 Resistance: 45.923 - 53.602
Stellar is at my buying zone. I bought it with %3.52 stop (0.3578) Take your own risk.