Finally BTC has made some considerable moves over the last couple of days with it trading above 24k again. This is what Im looking for as we approach weekend. BTC is approaching a very important resistance on my trend line, I would like to see BTC close well above this resistance line and retest it before we continue to fill the clean range to the left all the...
BTC respecting the strong support zone, following the wedge nicely. Currently BTC is making a nice bullish push towards the next resistance zone around 22,6k. If we can continue with this momentum and close above this strong resistance zone I believe BTC will continue pushing upwards to tests the next major levels around 26,7k in the near future.
BTC made a nice break out to the upside and is currently rejecting the next major resistance area around 22,5k. This is what I'm looking out for over the next few days: 1) BTC continues pushing upwards and breaks above the next major resistance zone around 22,5k to confirm the break out of the wedge. 2) BTC makes a retest on the wedge before rejecting it to...
BTC approaching the end of this wedge indicating a break out is coming. Looking at the daily bar I would like to see BTC break previous high's and close strong bullish above this wedge before making a retest to continue pushing further upwards.
BTC made the break out I mentioned and closed strong bullish above the trend line. Yesterday's daily bar made the retest on the trend line and closed rejecting this trend line. I would like to see BTC establish some sort of uptrend to retest the 21k level and possibly break above and continue upwards. If BTC manages to move back below the 19,5k level I believe it...
Looking at how BTC closed off the daily bar yesterday we can see that BTC has formed a strong support zone around the 19k level which it has retested and respected multiple times. The 4h chart is showing a wedge being formed, I expect a break out to come soon and looking at the bearish momentum we have been experiencing my bias has to be bearish for the near...
BTC showing little to no volume over the past few days but slowly movings towards the last major wick zone it left behind on the 21st of this month. I would like to see BTC break above this wick and start testing the next resistance zone around 22,5k. The good news is if BTC manages to break above the next resistance zone, we have clean traffic and range to fill...
BTC currently trading above previous resistance zone around 20,6k. I would like to see BTC close of the daily bar above this zone and expect a possible retest before we continue pushing upwards towards the next major area around 22,5k. Also important to note how the daily bars are currently respecting previous low's and breaking high's at the moment -> Good...
After making a massive push to the downside it looks like BTC is respecting the strong support zone around 19k. Currently pushing back to the topside, if we can eventually see BTC close back above the next resistance zone around 22,6k I do believe BTC can move further upwards to test the next rejection zone around 26k. It's a long way back to all time high's from...
At least BTC is now moving although some may not like the direction in which it decided to go. Looking at the weekly timeframe it is clear that the next major support zone for BTC to retest will be around the 20k level. Although we have minor support zones around the 22k level on the daily timeframe I do believe this recent fall in price is a strong indication...
BTC currently trading and respecting the strong support zone that was previously a strong resistance and proved a difficult level for BTC to break out of. I would like to see BTC continue respecting this strong level and create a support zone before continuing back towards the 32k level and close well above. As long as BTC respects this support level I do believe...
With BTC finally making the break out and closing above resistance I do believe this is the start of BTC pushing back towards the next resistance level around 34k. Currently BTC is making a retest on previous resistance level and I believe that we will respect this level and turn it into support with this major break out BTC has made.
BTC still ranging. This is what I'm looking our for in the near future. 1) For the bulls: I would like to see BTC break the major resistance zone around 31,6k and close above this zone for further continuation towards the next resistance zone (R1) around 34,3k. 2) For the bears: BTC is respecting current support around the 28k level. If BTC manages to break...
BTC just ranging. Buys above 31,3k to continue pushing upwards towards the next resistance zone around 34k. If bTC manages to break the strong support I believe it could drop down further towards 26k.
After ranging a few days, BTC has made another bearish push towards the next major support zone around 28,6k. If BTC manages to flip bearish on the daily timeframe I do believe it will continue pushing down towards the next support level around 26,7k (wick fill). As long as BTC respects the current support zone I do believe we could se a relief bounce coming up...
BTC starting the week off with a strong bearish push but no top wick which is a good indication that a possible rejection from support may occur during this week to finally retest the 31,5k level. If BTC manages to close above the strong resistance zone establish around 31,3k I do believe it can continue pushing upwards with multiple resistances along the way (R1,...
BTC has started to form its strong support around my weekly support zone. For today I would like to see BTC continue respecting my weekly support zone and eventually break above the minor resistance zone formed around 31,7k. If we manage to close above the minor resistance zone I think BTC could continue pushing back upwards towards the next resistance zone around...
BTC trading back above 32k at the moment. Looking at the weekly timeframe we can see that BTC is rejecting a very strong support zone around 30k. This is what I'm looking out for toady: 1) For bullish continuation I would like to see BTC establish a strong support before seeing the 4h or daily timeframe create a little uptrend back towards my previous trend line...