IF price can break 9000 and stay above Then we might see more buyers come in IF not, market can go sideway or continue to the downside
Price is coming to test the previous structure low which is 6000 this week. 5000 and 3000 are the next structure support zones
There is no signs of bull in this picture! IF 8000 can't hold, price will continue further to 6k.
Falling wedge break out Hidden divergence in both RSI and MACD Expecting right shoulder to retest 7800 level
Bounced off channel Resistance
There is no signs of reversal. Price continues to the downside.
Hi Traders, From Technical Point of view, This could be a potential turning point to the upside: - Strong support zone 6000 (previous bullish phase) - RSI oversold - Price bounced off the channel If today candle closes with long wick and green (buyer's power) then it is a confirmation to buy! Cheers
Hi Traders Price is sitting at the right shoulder and bearish momentum is strong. Hidden divergence on RSI and MACD Up Trend line is broken
Hi Traders, LTC bounced off $100 @ strong support zone (Psychological round number) and formed double bottom pattern.
Hi Traders, Bitcoin retested strong support levels (10k zone) and formed double bottom RSI shows bullish divergence Strong price action (bullish engulfing bar) This is a safe zone to enter long with SL below 9500
Hi Traders Bitcoin is showing bearish momentum in the last 2 days Strong Support Levels to watch: 10300 Zone 9600 Zone
Hi Traders A simple trend continuation trade Price made a new higher high and come back retest previous structure Strong price action: Bullish engulfing bar with long tail
Hi Traders, BTCUSD is in 10k - 12k range. Wait for price come back to support level around 10k (green zone)
Hi Traders, Strong support @ 10k pushed price back up and formed a Inverted H & S Pattern Upward Channel 1st resistance 12k 2nd resistance 13k Target 14500 (Big down channel in H4 chart)
Hi Traders, Another Head and Shoulder pattern to the downside to retest the bottom in this BEAR market.
Hi Traders, - Price bounced off the trendline - Stoch is Oversold - Strong Price action with long wick (reversal signal) - ABCD pattern in the retracement phase completed. THIS IS A BULLISH SIGNAL
Dear Traders, If you ignore the news, look at the chart. This is a great opportunity to buy in this deep retracement with a great risk/reward ratio.