Lower highs may be in the works in the short term... RSI oversold, momentum shifting. Need to stay in the channel to continue impulse or reverse trend.
Put the final nails in the BTC. It is done. Billions made and billions lost. On to shorting it the rest of the way down!
Bearish momentum on the monthly. RSI far from oversold on the downward trajectory.
We could be in the early stages of a rally for this asset as Ethereum and other top assets take a breather. One that I am keeping an eye on. ;)
I expect a nice bounce here from what looks like a double bottom. This could be the beginning of accumulation and the inevitable reverse of the downward trend. If the trend is to follow a handful of other alts on Binance, we can expect BIG gains. Good luck!
The BTCUSD weekly chart shows us the downward trend still has weeks to go before "bottoming". There are nice support and resistance trend lines in the chart, AND a healthy resistance trend line seen in the RSI. I look for this to play out up until mid February 2020. Good luck!
The whales heavy selling ranged from $11K to $13K beginning around June 25th through July 10th. BTC has entered a micro bearish trend to reload for another massive leg up over the coming months. I expect significant volatility and accumulation between the lines and around the support area. A reassessment is in order when we get closer to $9K.
I guess this can be answered with how much you stretch or shrink the chart. Looks fairly non-parabolic to me...
All I can say is bloodbath. Seems to be coordinated sell off with MATIC and CELR. Hold on and wait for the bounce.
CELR/USDT pair may be due for a double bounce off of bottom support. We will wait and see.. Disclaimer: The arrows represent a trend. They DO NOT represent precise buy and sell levels. I am not God, but am God Like on Skyforce Reloaded quite often. :)
Set up to bounce off the bottom trend line. Disclaimer: The arrows represent a trend. They DO NOT represent precise buy and sell levels. I am not God, but am God Like on Skyforce Reloaded quite often. :)
I like this indicator. Waiting for signal before entering a BTCUSD trade.