Please share your opinions. BTC is lying in Resistance Zone 43500 to 44865 from 7th feb,2022. Volume- Volumes are Decreasing MACD- Bearish in 4-H chart RSI- Bearish in 4- chart Inflow in exchanges increased suddenly.
20- MA Crossed 50-MA in 4-H chart----- BULLISH Volumes- Positive volumes are increasing Though all the news are positive still it need 2-3 candles(4-H) closing above 1.2USDT resistance.
BTC broke 40884usdt resistance confirmed it is not a fakeout. Now after a side trend from 5th to 6th feb 2022 price pumped to next resistance zone( 43990usdt to 44865usdt) •Volume- Positive volumes are increasing •MACD- Bullish •RSI- Small pullback For next bullish rally BTC needs to break 44856 resistance Otherwise we will see a Downtrend .
BINANCE:BTCUSDT BTC made a support a 40k USDT(though it need one more day closing price for confirmation). In 4-H chart we can see a small decrease in volume which can make a side wise trend for a short period. Trend- It broke the down trend which started from 9th Nov,2022. MACD- Bullish. RSI- >70 . Small pullback may occur. Inflow in exchanges- Inflow in...
As I shared my view yesterday, BTC price is in up trend after breaking 36999usdt fib- retracement .There is a sudden increase in volume. Next 2-3 one-day Candle closings are important for confirmation of 40000usdt support. We may see a small pullback from here.
BTC price moved back from 36k support. MACD- Neg volumes are decreasing. MA- Price is below 20/100/150 MA. RSI- Below 40. Inflow on exchanges: After 21st January 2022 inflow of BTC started decreasing. And rising Wedge pattern confirms we are not far away from a Bullish trend. But a small dump can be expected for a short period. For that I'm bullish for long term...
From 9th nov 2021 we are in a downtrend.In Yesterday's chart I was wrong to detect the pullback, instead I thought it might be a reversal. But After five rejections from 39k(approx.) we can say it must be a downtrend. Next strong Support 33k.
In 4H time frame there is a support at 38370usdt. RSI indication is bullish. The recent news of BTC outflow from exchanges to illiquid wallet suggests a bullish tone from here.
BINANCE:BTCUSDT [/symbol 38500 rejection for 4times, next 3days are very important for confirm rejection. Volume: Strength Low RSI: Strength low
Market pumped slightly but neet 3-4 more days for confirmation of resistance line.
It may pull back(RSI SIGNAL). Support=634.9USDT.Major support=518USDT.
ETH broke 4617$ resistance. We can expect a huge move from here.
Indicators(Bollinger Band,MACD,RSI) show Sellers of BTC have taken over the market, so hold tight, wait for the dip, apply value cost average strategy, do not panic sell.