Some range trading opportunities! $11100 is a mid-level inside the range. Next target is the upper border
After some rest came back to active trading and here we go! The uptrend in a range is still going on, will try to grab profits on resistance lvl ($9400). The trailing stop is set
The price failed to break the resistance of $9300 and rolled back to $9200. Opened long awaiting the soon price recovery
The spike is followed by another consolidation. Ready for one more breakout?
After the downwards trend was broken, the price started growing. Currently, I expect breakout/rebound to open a trade (the price is limited by resistance & upwards support)
After harsh drop, BTC price consolidated above $9200 and managed to cross $9400 level. Currently, it moves inside a triangle pattern that is a signal of an upcoming breakout. Up or down?
On the 4th of June, I tested a hypothesis that with a minimum (low) refinancing rate and growing open interest the price tends to grow. The hypothesis was proven. Currently, the price broke the lower border of the upwards range and formed a retest pattern.
📈A war of trends won! And got stuck for a while Managed to catch bull rally? The double bottom finally became a starting point for the downwards trend breakout
Halving event pulled a trigger of bull rally. At the same time, the price experienced a rollback to $9500 support. The level turned out to be strong, thus, the price didn't cross it and currently fluctuates above.
Bullish sentiment gains momentum! Aftre the support rebound I can expect the following targets in case of bull rally. Longing with me?
Bitcoin crosses $10000 the first time since February 2020! The upward channel is broken and the price action is proven by retest. Long long long from the support ($9780) Money-mouth face
After breaking out a lower border of the bullish channel, the price reached the support level ($8600) and entered a new bullish channel. The movement was confirmed after the breakout of $8800 resistance.
After a bull rally, the price formed a triangle, creating an opportunities for a new impulse. Up or down?
On 15M chart the price entered a downwards channel after a sharp decrease. $7690 is the key level of indecision. I marked the target prices in the short term for both scenarios on the chart
After bearish impulses on the 20th of April, BTC price got stuck on the range of $6800-$6900. From the first sight, a rising wedge is being formed (opend a long indide it). In case of returning back to wedge the price may drop to its lower border and then to $6800 and below. However, if the price manages to cross $6960 level, the next target price is $7000 and above
After a decrease on the 10th of April, BTC price fluctuated within a range above $6760. Now the upper boarder is broken ($6950) and the price continues to grow. The next target points are $7100 amd $7250.
Congrats with the bull sentiment 🤑🤑 but wait.. Personally, I see short opportunities in diapason trading and a retest pattern. Still holding short position.
$6850 is broken. At the chart is presented my vision of how I see the key levels