POE has broken out of a long term downtrend channel H&S pattern has completed Price is consolidating above the 50EMA DMI is looking very bullish Higher lows are being made following a shorter term trend line Good luck and comments welcome!
It bounced right off the AT 61.8 retracement. Should see a run to at least the AT 50% (heavy light green line) before any other big moves. This is a log chart for anyone wondering. It seems to tell more over the long term.
Near perfect touch and bounce off trend line along with bullish engulfing candle on 5 min chart Coinbase also showing a bounce off 5 min sma and short term double bottom
Needs to bounce off cyan trend line below before heading to 25k
61 Retracement hasn't failed us yet Strong support from previous trend line (near perfect bounce) 4 hour chart shows bounce off of 200 SMA
Seems to have found support around an older trend line and multiple fib retracements from different swing lows. Could we see 23.5k in the next week?
Bitcoin seems to have found support around an older trend line and multiple fib retracements from different swing lows. Could we see 23.5k in the next week?
Neo has huge potential and is setting up to take off. This may retrace back to the trend line once more but momentum will likely pick up shortly after. Many targets ahead with the first being $100ish, give or take a couple to be safe.
This candle is a great buy opportunity into the 23,500 range.
BTC tested the 15,900-16,000 very briefly and had a nice bounce. Normally after a correction this size, we see a nice bull run into new highs. Next target of 23,500ish
If the trendline breaks, we will likely see a quick dip to the 16,000 area followed by a nice bull run into new highs.
Bitcoin is setting up to fall back to around $15,900. Trendline is not holding.