BTC seems to have broken out despite having really low volume. The next resistances for BTC are 48,5K and 52K. Altough it looks like a breakout, i'm still skeptical about the price movement as im not fully convinced about this breakout. WIll update on this.
Bearish, entered a short at 42930. Double Top pattern with bearish divergence on RSI. MACD crossing down too. Looking to take profit at 40,5K.
Im keeping my long in as I expect a short term pump. Still looks short term bullish.
Possible double bottom breakout, go long keep support tight under 38K. Will update on this trade.
BTC still looking bearish, nothing has changed. The resistance level of 39,2K is still holding and price has tried to break it multiple time but has failed. Looking for a short entry at the next retest of 39,2K with tight stoploss.
Most likely going to drop to 35k area in the coming week, rsi going down, macd about to cross down and 41,5k did not hold support. Could also retest 45K resistance before ultimately going down again, but its unlikely as volume is not looking high enough. Feeling Bearish
Looks like a Head and Shoulders pattern on the 15 minute chart.
BTC got rejected at 39,2k level, it will most likely retest the level but i dont think it will break trough as volume is low. If BTC gets rejected again you can go short with tight stoploss.
ETH is currently trading at some resistance level 2642. ETH is still looking bearish just like BTC and I expect it to go down to 2400 level in the coming week. For trading on this movement pay close attention to BTC price as ETH will follow the price of bitcoin. Always use proper risk management and trade at support and resistance levels, don't trade inbetween...
BTC went down to 38K and has held support for now, if we break above 39K it will probably retest 40-40,5K. MACD still looking bearish and my overall opinion on the market is still Bearish. If you want to trade this movement wait to see if price breaks above 39,2K. If price breaks above 39,2K wait for 40,5K to go short with tight stoploss. If price gets rejected at...
ETH is looking bearish just like BTC, I expect it to test 2730 before dumping down to 2300-2400 range. If you're trading this movement I would wait for 2700-2730 range to short it, but keep a good risk management stop loss as market can be unpredictable
BTC is still looking pretty bearish, altough I do expect it to probably go up to 40-40,5K before dumping again to 35K, yesterday i posted on twitter to take profits near 38,5K and congratulations to those who followed the trade and made profit. If the price gets above 41,5K we will most likely see a 45K retest but this scenario is very unlikely as indicators are...