To get back above, we have 200ma, 50ma, cloud and the downwards trendline to get through. Death cross is upon us!
Nice exit on the daily cloud. If we finish today strong, could be the start of a good run. Weekly and monthly look like a reversal also.
Horizontal red line is the top of the daily close. If we can stay above, we could see some bullish movement from link.
looking at the longer time frame here, this triangle is seen every where in the trading community. We are in a solid, confirmed pattern here, with strong support and resistance all around us. Be ready to trade this in the coming weeks. once it pops, we will see a strong move in either direction. buckle up.
nice bounce, with a strong break of resistance. positive buying right now. keep a watch
so we have broken the previous triangle, this now has become a longer time frame. Both support and resistance has been found at the 9100 area in the past months, so this is where to look for a possible bounce. Take a look at the weekly chart with bollinger bands. Respect the bollinger support.
Been calling this for a while, not to be a smart arse. Broken support now, next targets have to be looked at. Hope everyone set a stop loss.
Still inside this channel. Support and resistance is tight. Next few days will be interesting.
So, still in this thin upward channel and the 50 ma rejected the buying pressure. Another test will be needed before the bears kick in. Strong resistance above. Overall i'm still bearish, but BTC is funny how it plays us. We shall see what tomorrow brings.
Looking at weekly aswell, i still think we have further to go down. A new week ahead, we shall see
Watched this for a while. Again, still early in the day, but a few days back i said this was a broken triangle. BTC got pushed up to the previous support and got rejected. Not calling it right now, but i still think we're going towards 200ma on the daily. Keep a look out
For me, we are going to see a drop unless we can get a big pump back up. Next stop not sure yet, but this triangle is now broken imo.
At this point, we are still a long way from daily close. This is another break of support. Bears here we come???....
if we was to go right to the wire, we have a maximum of two weeks before we must go up or down in a trend. keep a look out
Yesterday i thought we may go down, but as i said we needed some bullish action. Price looking better and i would say support is found. Back up we go if we can pass the daily 50ma
My opinion, we're going down unless we see some bullish action by the end of tomorrow.
To early to call yet, but looks like we've broken support. Could be heading down from here, but we will see what happens towards the daily close.
Back to support in the daily triangle. If we don't hold and bounce, we go down into 8-9k range i think. Retest of weekly bollinger bands is also one to watch for if this support breaks.