Loosx

Loosx

As shown in the 1hr timeframe, Bitcoin can't stay above the 24200 resistance area. The S&P and Nasdaq have rallied, and Bitcoin doesn't seem to follow the upwards bullish momentum. I expect the markets to pull back and think BTC will take this opportunity to retest the bottom support slope and continue to crawl and consolidate until a direction is chosen....

Loosx

Over the last month, Bitcoin has surged over 25% this is a much needed pullback to retest supports. Furthermore, I'm also expecting Nasdaq to add fuel the fire by having a pullback too after the last couple days of green. Comparing this to the previous highs and lows, we can see that Bitcoin will now go down before it goes up again.

Loosx

Some support and resistance lines for ETH in the current range , I graphed them on a smaller time frame so they might not match up perfectly. Hope you guys find them useful, Cheers.

Loosx

Some support and resistance lines for bitcoin in this current range, I graphed them on a smaller time frame so they might not match up perfectly. Hope you guys find them useful, Cheers.

Loosx

After today, I don't think Bitcoin will be able to break 24200 in this coming weekend. We had the bullish sentiment, the momentum from yesterday and the rallying of Nasdaq on our backs and Bitcoin didn't rally. I don't believe that it'll be able to break 24200 during the weekend with low volume and the loss of momentum, a must needed pullback to support will...