Hi , it's clear that COVID 19 has affected also Crypto market especially Bitcoin , let's see why i forecast bitcoin price will go at least to 5.5K 1/fake breakout to 6.4k in the begining of the week 2/ strong rejection to resistance 6.4 k 3/ very strong resistance line who has been support line last few weeks 4/this line is very important psychologically for...
Hi *we have descending triangle with serie of lower highs *series of lows in horizental line *bearish price action ( hourly) last high got stopped perfectly in resisatance ( LH) invalidation would be a clear breakout from descending triangle have a good day
$BTC upadate *Nice last 4hrs Bullish Candel *BTC is testing very strong WMA 75 (Has acted as good support & resistance , several times ) *BTC is respecting this symmetriacal triangel ( this triangel is very strong since we are at 6.75K and never been broken ) *possible test to support at 10540 before i'am bullish , next target would 11.1 to 11.2 k always set...
so far $BTC is trading in symmetrical triangle with 2 LH and 2 HL overall we are in #BULLISH trend *fake breakdown yesterday *closing above very important support line (daily) *next target would be 10750 10800 usd ( short term) or *we wait for breakout of the traingle (long term) Have nice day
1/ascending channel 2/up more than 22% since reaching 396 sat 3/ healthy volume 4/ respecting so far support 5/HH&HL expecting to test next support line 521 sat also we need BTC stable with no big pump or dump
Hi fellow traders 1/after a bad bearish candel on tuesday BTC has reacted very well yesterday and made a close above open price ( tuesday ) :::> it's imporatant at least for short term to hold above green support 11820 usd 2/we have a Symmetrical Triangle ( HL +LH ) ( the price could go down or up )::> decsion time soon 3/ any weekly close above weekly support...
Hi every time RSI 14 is in 23 -- 17 range we saw a significant pump at least 50% the ideal entry would be ( waiting for RSI to go down , breakout from down trend , retesting support ):::> 70 Sat to 80 Sat range Have a nice day
BTC has broken very important resistance level (10.3K) : *this line has acted as very strong support or resistance ( we seen multiple double Top , Bottom testing this line) we broke this resistance yesterday (1) *since we reaching 13.9K this year we are forming Lower High ( 2 Times ) ::::> confirmation for downtrend ( short term ) recently we broke this trend...
yesterday we made a clean breakout wfrom descending triangle with great volume but we still in descending channel so : 1/ we need to break resistance for confirmation 2/ support level must hold breakout of resistance can send us to 30K sat (ideal entry price would be retesting support or previous resistance who will become support after breakout ) breakdown of...
It's obvious that we are in bearish trend but there is indicators showing a little to 1.118 1/ Price found very strong support at 1.111 ::: 1.112 this support has been tested many times nice last 4hrs Bullish candel (good buy pressure) 2/ declining Volume 3/ RSI oversold price could test 1.118 resistance and any break could lead us to 1.1120 and 1.1123 this my...
Update on $MATIC 1/Matic Broke ascending triangle ::> Not a good sign 2/today we broke 126 127 sat (resitance has been tested several times the past few days )::> Sell pressure 3/But on the other side Matic has tested 2 times support around 117 Sat after that the price went up30 % So if i'am looking to buy i will buy at 117 sat with tight SL
Yesterday was a good day for Bulls *We Broke two major resistance ( 9.8K and 10.3K) *we broke descending trendline *last time we broke descending trendline BTC went up more than 20% But in other side 200 MA recently is acting as Huge resistance ( at least 2 times ) so we need to breake above 200MA ( Above 10.9K) also last time we broke descending trendline we...
since BTC went from 3K to 14K ETH has lost more than 70% in BTC value ::::> BTC not showing any sign of weaknesses at the moment ( weekly and monthly are Bullish) ::::> BTC Dominance is increasing , path is clear to 80 and more ! Recently ETH broke major support That has been tested more than 4 times ( support around 0.024 ...0.023 BTC) :::> Path is almost clear...
After a big dump yesterday BTC is trying to recover *BTC has found support today 9060 usd *we saw dump from 9.4K to 9.06K after btc recovred to reach 9.8K *fake breakout at 9.060 K * good reaction when found support for now the price is testing resistance line at 9.8K , so we can go lower 9.3K ...9.4K before continuing higher to 10.425K
One Harmony watching ONE closely we after we break the first descending resisatance line we need now to break the second for a confirmation entry price would be when we touch the support (white line ) fingers crossed
the major support line around 10,7K has been broken *this support has been tested 3 times and every time the price goes up * also descending support line has been broken (also tested 3 times ) + major time frames are looking bad we can retest 10,6K before we going down
$ALTS season soon ?? RSI overbought HL great resistance level (on ascending and horizontal ) the last time we touched it total alts cap went up 90%
breaking down ascending channel 1st major support :1.11809 ( recently been tested 3 times) 2nd major Support 1.11105 (recently been tested 3 times) in other hand we have RSI oversold so there is possibilty for a correction before we going down ( maybe we reach blue line resistance at 1.1260)