Previous analysis went very well. It is very probable that the price will rise up before continuing downward move.
I am expecting the price to go down.
Price has gone down as expected but how much lower will the price sink? It is very probable that the price will drop even further (Elliot corrective wave). Notes: RSI is not completely oversold yet. Ichimoku cloud crossover High volume spike after price hitting crucial take profit region thus making the price drop. Standard corrective wave Bearish...
As I said on my previous analysis , price rose up to $10k after breaking through the overhead resistance. Price will pullback now. Bearish short/mid term but bullish longterm imo. Notes: RSI heavily overbought Volume declining despite the rise in price (bullish exhaustion) Volume is not as high as previous price spikes Short term correction, Bullish...
Bearish short/mid term. Notes: Volume decreasing. Volume is not as high as previous price spikes. Strong/heavy overhead resistance. Short term correction. Bullish longterm? Trade STOCKS/FOREX/COMMODITIES/INDICES/CRYPTO with BITCOIN on WCEX. Support me by using my affiliate link: wcex.com/?ref=PqEOlIMW
BTCUSD is forming an Inverted Hammer candlestick signal on the 1W chart. This could possibly the start of a bullish rally since the rally last year. However we still need to wait for confirmation. ETF deadline (5.November) is also coming close which could drastically affect the price. Criteria for the Inverted Hammer: Upper shadow/wick is twice the size of the...
This is not proper, detailed or accurate analysis.
BTCUSD is experience low trading volume and a sidewards trend after the huge gain. Not safe to long yet but is this an opportunity for a short term short though?
BTCUSD seems to be moving towards a bullish rally in this bullish pitchfork channel however the volume is not supporting it yet. If we do see more volume, that would further consolidate this bullish trend. Also a possible Three White Soldier bullish reversal chart pattern being formed after the correction wave?
Volume is decreasing as bearish rally weakens and ETF deadline is set on 6.November. Not all descending triangle patterns are bearish.
BTCUSD showing bullish signs/a reversal pattern after a prolonged downtrend. This bullish chart pattern, also known as the Ascending Triangle, has two trend lines representing the support and resistance. If 6750 is breached, wait for confirmation and go long.