#ZRX Nice Main trend breakout and seems we found support at 23.6 % + WE had a breakout from the cloud
#BTC closing to an main trend line. If we go above this trend line we can definitely see some up trend and market cap rise. Right now we have found solid support on 38.2 % area.
Update - We have formed quite strong head and shoulders pattern. That is usually sign for fall. If we can go over 200 ema that would be a better sign. But now looking bearish 50 % is so far holding ...
Watching this green zone 38.2 % Fibo (S/R flip) to produce any significant support. Still more than a day until ETF decision so a lot can happen in between. Interested in long with SL below that zone, targeting a retest of recent highs (also fill this wick-gap).
Bitcoin Update Bitcoin formed a head and shoulders pattern and broke out, but still stayed in the consolidation zone. After forming the bearish butterfly pattern, we...
BTC Update There is a small bullish pennant inside a big bearish flag. This normally means big force wins. But with as many fake movements we have had, things could also change quickly.
We are waiting for confirmation, but we might be seeing here an right shoulder confirmation.
BTC Went lower from our short line. Which means we are bearish for now. Sellers have taken btc down quite a bit. We are looking at it and how it performs. At the moment its still hard to say to where BTC will jump - up or down. Due to bearish situations we might look at .... more on our free group #BTC
Bitcoin is showing mixed signals! Are we going to continue in this trading range and which areas are probable for bullish/bearish moves? So lets dig in. About 10 hours ago we managed to make a lower low, which is one of the downward trend continuation conditions. Now we can see sudden bullish spike, that almost touched our downtrend channel... For more...
Here is our technical analysis of Bitcoin 1H chart. What we can currently spot is a support at $7,300, where we are... Join our telegram channel for more information!
We are still nicely on our way towards $7,750. On 1H we see.. Join our telegram group to get more detailed analysis.
Following our yesterday's analysis we did hit $7,500 target box which made most sense. Now that this impulse is over, we are about to retrace a little bit up, back to $7,750 levels, where again many parameter's coincide... For more detailed analysis subscribe to our free channel!
Price of Bitcoin has continued to consolidate and has been showing more bearish signs than bullish on 1H timeframe. Bearish confirmations include a breakdown from descending triangle, showing... For a more detailed breakdown of price action join our telegram group @ t.me/ktitrading !
As we can see on this 1H candle chart, Bitcoin has been trading in a range from $8,100 - $8,300 since 25th of July. A breakout through resistance... To get daily Bitcoin analytics + altcoin trading ideas join our free channel t.me/ktitrading
Our thoughts on bitcoin and its movements. Join our inside group - www.ktitrading.com
TA Confirmations - Channel, Falling Wedge, support