$BTC is riding the EMA21 perfectly today and I expect a rejection at the next resistance of $52.3K if we are to reach it today. I do believe that we won't go higher than $51.7K today however
$BTC is testing the same resistance as it did on 16/02/2021 with the pattern today looking absolutely identical to that of mid Feb. before breaking the resistance and climbing to ATH. If we break it today or tomorrow we are most likely heading to a new ATH. Price level to look out for is the psychological barrier of $50K.
Possible repetition of the pattern on the daily between dates 13/01-15/01 (today being 14/01) would see BTC increase today by approximately 4,35% all the way to circa $51.7K before heading down. Watching closely for further confirmation of the downtrend. #bitcoin #cryptocurrency
A possible repetition of the same pattern on the daily as between 13/01-15/01/2021 with today being 14/01/2021 would see an icrease of approx. 4,35% with BTC reaching circa $51.7K before heading down. Watching closely #bitcoin #cryptocurrency
If we break above 23.6% Fib retracement at $51.280 and turn it to support, we are going up
Bullish divergence on the 4H, no strong volume, could potentially be reversed from 44K upwards #bitcoin #cryptocurrency
Given that there is little going on at this level, we could bounce back up soon
The pullback on the hourly pierced right through the 46k support so chances are we are going to test the 44.7K in the next few hours
RSI pattern analysis suggests we should expect a rise tomorrow and for the next few days (support lines at RSI cloned to July 2018 and April 2020)
It seems like $SXP is getting resistance at the Fib 50% on the hourly. For the moment I am bearish with the view of getting back to it at the next dip.
Expect another drop towards 0.00001909 which will be tested for new support level (Fib before picking up again
Circa every 7 days SNX dips. At the moment on the 4hourly it is doing its weekly dive by riding on the EMA200. Should peak on Friday 19th
Testing Fib 0.50 perfectly for support and constantly getting rejected on the 4hourly. The bulls are buying the dips and unless it breaks the Fib 0.50 downwards, rebounce upwards is expected. Keeping an eye for the next few hourly candles
On the 4h riding the EMA21 and testing Fib 23.6% as a new support. If it doesn't go below it in the next hour, the market is going up
If the RSI break below the rising channel on the 4hr chart, the price will dip for a while. If it remains within the rising channel, it will go up but I don't expect it to pump.
As the rising (cloned) channels indicate, we are being rejected at the same price at Fib 0.382.
Today we overcame the resistance level of 0.289 that we were testing and getting rejected at this price so if we turn it to support line, then we can expect the price of 0.33 soon