Yesterday and today we have a trend reversal from 8.8k ( that was said a major support zone on earlier chart ) The VOL is real low around 45K / 2 days, and this look like a market manipulation, current heavy sellers stopped for a time, and buyers are accumulating, Question, where this gonna stop ? 9.5K 9.8K or 10K ? and after , go back to 8.8 or lower ? I...
Looking at the charts, BTC go up and down between pivot points and major support / resistance .... BTC doesn't break the ATH & highest points there will be a continuation of the pullback. 14D RSI 70% 11,164 1-Month High 10,058 13-Week High 10,058 My first estimate of lower 8.8K as pivot point was wrong. I think now if it close under 8.5 and then 8.2 K...
the // channel started after May 12 is now broken . There is no sign of up movment ... Daily Doji three days ago was confirmed by the dump at 1AM UTC+2 yestearday Stats on BTC blockchain show if might get worst in the next weeks. TPS down about 25% on one year chart, and mempool size still increasing, and obviously #rate down of nearly 30%, The usual ' after...
What was said on May 22 is more than true now, the // channel started after May 12 is now broken . There is no sign of up movment ... Daily Doji two day ago was confirmed by the dump at 1AM UTC+2 today more than this, the stats on BTC blockchain show if might get worst in the next weeks. The usual ' after Halving uptrend" is not there .. maybe later ? I don't...
or is this the beginning of the big dump to 7.4K ? due to low volume, it's just difficult to figure it out 8,926.89 Price Crosses 9 Day Moving Average Stalls 8,906.06 38.2% Retracement From 4 Week High 8,884.79 50% Retracement From 52 Week High/Low 8,854.97 Low 8,820.62 Price Crosses 18 Day Moving Average Stalls Pivot Point 2nd Support...
Not a lot to say about this ... can be evil for Bulls BTC worshipers ;) Found out a lot a same patern out there ... like that one Feel free to post comments with facts or some trend charts plz saying right or wrong without any arguments is useless thanks
Looking at the charts, BTC go up and down between pivot points and major support / resistance .... if BTC doesn't break the ATH & 3month high 10058 soon there will be another pullback. and if it close under 8.8K .. it might go lower and lower, This depend a lot of different factors the cost of one mined block is now above 13K, so how long it gonna last with an...
still down trend lmao if bottom of the channel breaks then we're have good chance to retest the 8.7k and after 8.4 / 8.2k support scenario if bottom channel hold, another 8.8 / 8.9k test, and then bounce to 9.5K we re going to have some up & down in the 9.2 / 8.9k range meanwhile volumes and RVI still real heading down, Mempool pending transaction raised from...
still in downtrend if bottom of the channel 8.8k breaks then we're have good chance to retest the 8.4 / 8.2k support volumes and RVI still real heading donw, Mempool pending transaction gone nuts, raising from 11k on may 8th to nearly 47k ! RSI huge oversold ..... 9,328.92 Pivot Point 1st Support Point 9,326.89 Price Crosses 9 Day Moving...
The downtrend is now acted like it was seen on all tech indicators , TPS #rate MACD, VOL, RSI and RVi from may 18 & 19. The question is, the bottom of the channel from 8.7k to 8.8k is going to hold it ? or are we going to retest the 8.4 / 8.2k support .? volumes and RVI still real low, Mempool pending transaction gone nuts, raising from 11k on may 8th to...
Long or Short ? that is the question ... maybe both with tight SLs .. or none and wait and see ... this chart lock like a dump is going to append but with BTC, always buckle your seatbelt ;) A positive indicator is the 40M$ volume futures on CME in just 3 days, that came just after the halving, this is a lot more than before ... the way up have 5 major...
Candles are smaller and smaller on daily TF, with RVI index going down after may 10 not a good sign usually , maybe just a conso period before going up ... 2 scénarios : BTC break up 3 months high 10050 and next the ATH, then close up to 10350 , then it will be a big FOMO bull run to 13227 resistance... If not, there will be a pullback to the // channel...
same as 24 H ago Looking at the charts, if BTc doesn't break the ATH & 3month high 10050 in the next days there will be a pullback to the // channel bottom, and it may not go up on 4 digit again for a long time... lmao Feel free to tell your own view on that ... NB: Smart people never bet more than they can afford to lose. ===================== Trade at your...
Looking at the chats, if BTc doesn't break the ATH & 3month high 10050 cross in the next days there will be a pullback, and it may not go up on 4 digit again ... The reason ? who knows ... not sure, but maybe because of derivative options and futures that started in 2017 .. maybe because now banks and hedge funds can short BTC .. they can put millions or...
Now above supports, should lead to test again 1-Month High 10,058.62 9,667.47 Pivot Point 1st Resistance Point 9,581.63 14-3 Day Raw Stochastic at 80% 9,581.12 3-10-16 Day MACD Moving Average Stalls Volatlity going down, but still risk to break down and retest lower support always use LS / TLS NB: Smart people never bet more than they can afford to...
Move up to 9,588, near 9581- 14-3 Day Raw Stochastic at 80% is done Outbreak failed to cross next resistance heading back to trend line unless 9581 support break then trend will be bearish open trade idea Long entry 9750 TSL 9730 1% => update to 3% above 9785 TP1 9920 TP2 10050 Knowledgeable support / resistance 1-Month High 10,058.62 10,055.23 38.2%...
Move up to 9,588, near 9581- 14-3 Day Raw Stochastic at 80% is done As said yesterday, outbreak appened and is going next support resistance unless 9415 support break, open trade Long entry 9500 TSL 9405 1% => update to 3% up to 9550 TP1 9745 TP2 9790 Knowledgeable support / resistance 9,839.40 14 Day %k Stochastic Stalls 9,667.47 Pivot Point 1st...
Lasts bottoms and high follow exact math of % Stochastic model, after 03/15 golden cross MA 20/ 50 a small up move is seen up to 9,588, near 9581- 14-3 Day Raw Stochastic at 80% A outbreak can lead us to next support resistance Can bounce up a still go down, difficult to see next big move in there. No trade open ===== This is just an idea about the current...