Bitcoin daily chart. Our bitcoin has approached the November maximum, our bitcoin has overheated indicators, macd shows divergence, and we also have growth in the wedge. Trading volumes are declining. The last day candle is very similar to the reversal, but it has not yet been formed. All these signals indicate a possible fall of 10-15%. Click the "Like" button...
Bitcoin weekly chart. There is a wedge with convergence, indicators are also overheated by the sale. Last week's candle was a reversal, which is a very good signal. I still leave the possibility of going to 6000, if so, then convergence should increase and create an even stronger impetus for growth. The 6000 range is very strong, a lot of trading was done on it....
Bitcoin / dollar 1d. We have a strong convergence, we have a wedge , we have indicators in the oversold area. A good place to buy! 6600-6300-6000
BTC! Current signals indicate the need to close long orders at around 7500-7600, which were open in the range 6900-6600-6300-6000. Profits ranged from 10% to 15%. At the moment, we have convergence, overheated indicators.
Bitcoin / dollar 3h. We have a strong convergence, we have a wedge, we have indicators in the oversold area. A good place to buy, potential profit 1.5-2% (6350-6400). Stop just below the support level.
Now another 2 signals appear on the market, since the third peak of convergence appeared on MACD, and the indicators are resold. In this case, the stop loss is very close. + We are on the support line and see the hammer, analyzing the candles. First target 6366
BTC/USD approached the support of the channel, which is already a good signal, because the support is strong. With the recent fall of the BTC / USD, the overheating on the indicators disappeared. Divergence is possible on a small timeframe (not yet formed). Possible profit: 0.6-1.3%. Stop loss just below the support level. Expected Duration: 11 bars, 1d 9h.
We are at channel resistance + we have a weak divergence, the indicators are also overheated. It is expected to decline from the current price to 6550-6500 within 1-2 days.
We have two strong divergences, indicators are overheated. It is expected that it will fall from the current price to 0.034, after which there may be a rebound from the support. However, a further fall is also possible, but for the time being it is too early to talk about it.
Bitcoin recently broke through an important support level of about 6000. Now it can reach the local channel support level of about 5200. After a small correction of the fall even go below 5000, but it will be pretty fast, because correction of the fall has long been absent. By August-September, the pair is expected to exit the wedge and return to around 7000-10 000.