UnknownUnicorn4547896
After the accumulation period that lasted for several days now we see a Bullish Divergence, the price is likely to go upwards. Lets see what happens.
BTC is at the end of forming a triangle, in my opinion, it will drop to $8500. Because oscillators show huge bearish divergences.
All oscillators show clear bearish divergence against price. Lets see what happens
After a wild bull run BTC is now forming a rising wedge in 15 Min TF which indicates a fall soon. This is supported by falling RSI and OBV as well as bearish divergence displayed by oscillators. We can expect some retracement to Fib Levels of 0.62.
Hello, Over the last few days Bitcoin has been traded with extremely low volume. We can see that Bitcoin violated support level of $7520 and has since been traded below that level, also oscillators are showing anomalies against price i.e. bearish divergences. We can expect a burst in price and trading activity when Bollinger Bands come close to contracting or do...
Hello, as we can see a rising wedge is forming which suggests a downfall to price levels of $152. Bollinger bands are contracting and the volume is decreasing, they all indicate a big move is coming.
Hello, We can see Bollinger Bands contracting which indicates a swift trend reversal is nearing. Below, oscillators are clearly showing bullish divergence against generally bearish price action which is shown by MA of Bollinger Bands. Therefore we can expect a rise in price and testing of daily high levels of $178.
Hello, Bitcoin is forming a falling wedge which historically was followed by a sharp spike at the end. This is supported by Oscillators that are showing a bullish divergence against falling price, if this analysis is true then we should expect a run towards weekly highs of $8800. As to the timing for opening a long position, it is a good idea to wait until...
After a decline below $8400 a clear and strong bullish divergence has formed in 15 Min TF, we can expect an increase in price and testing the next resistance level at $8800.
After several hours of bull run, market has become overbought. As we can see, the oscillators show sharp bearish divergence against bullish price, which means that downward correction will be just as sharp and quick as was upward movement before.
Many signs which we cannot ignore tell us that the current price is not supported by market participants, i.e.: -Decreasing trading volume against rising price; -Strong bearish divergence of oscillators against rising price;
A downside triangle is being formed in 15 Min TF with oscillators showing strong bullish divergence against price. We should expect a rise to $8000 levels.
As my previous analysis came true, now we can look for a buying opportunity. The Oscillator shows a clear bullish divergence from price action, which has been falling over the last 24 hours. Also the price action is trapped in a channel, once it breaks through the resistance line we can comfortably see a further surge in price up to the next resistance level of...
We have a rising wedge in 15 Min TF with waves beginning at the bottom, also the oscillator shows a bearish divergence while the price is moving up. We can expect a retracement down to Fib .38 levels, afterwards, we will look at the price action one more time before the next analysis.