Hi Traders, BTC broke out of failling wedge in daily chart, Reversal was great. MACD longterm trendlines broke out as well, Signaling a shift from Bear to Sideways market. Near 19k is a perfect spot to buy from the trendline support. 26k, 30k and 34k are resistance area.
Hi Traders, Bearish Bat formation is spotted, Possible more downside for the BTCUSDT. MACD in resistance trendline as well. Thank you for following $BTCUSDT #Bitcoin #Crypto
Fellow Traders. This is JP, a new chartist here. Thank you for checking my work moving forward. BTC sweet spot for nice accumulation is around 12k based on bullish shark pattern. Be cautious and stay liquid. Thank you
Fellow Traders. This is JP, a new chartist here. Thank you for checking my work moving forward. BTC is still trending downwards and will continue to drop below 15k and target of 12k. if we break 18k and stays there for a week, we can see a short term reversal, if not, we trend below 15k going to next fed meeting in end of Jan 2023 Be cautious and stay liquid. Thank you