bhnmzm

bhnmzm

The daily resistance (blue one) and the weekly resistance (black one) have just broken. The next stop will be $47800 in my estimation but, It’s also possible to have a sideways trend before. If the price could stay above $40k , the next target will be $47800 . Trend Key Points Indicator have been used to draw important key levels and key points.

bhnmzm

Closing the last day with a red candle coincided with breaking the steep slope trend in 4h. As the result of this, I'm waiting for the price to drop to $65 to $70 zone. Any abnormal pin bar or bullish candlestick pattern in the buy zone will trigger my buy signal. Hereby, $248 will be the stop loss, and $320 and $332 will be my 1st and 2nd targets,...

bhnmzm Updated 

After a strong bullish engulfing pattern in the daily timeframe, 4h trendline was touched 4th times. Also, the price seems to have broken the last 2 critical key levels. If the price can stay above $32160 for the next 12 hours, the next move towards $34600 could be starting. Key levels were drawn by the Trend Key Points indicator.

bhnmzm

Trend Key Points indicator is a side tool for traders to specify the pivot points and key levels in trends. You can use this indicator in different ways, but I will tell you my own way. I got excellent results by going this way; I hope it will be useful for you as well. Each trend has its high and low key points that are important in the next prices. Sometimes...

bhnmzm Updated 

A strong reversal candle is expected, such as Abnormal Pin Bar , which is also confirmed by the volume at key level 1 or key level 2. If this expectation comes true, the upward movement has begun. The volume confirmation means to expect the volume to be higher than the volume moving average (20).

bhnmzm Updated 

Bullish Abnormal Pin Bar Appeared in an Important Key level also it's a key low point and the volume confirms the movement too. This could be the pullback after breaking Trend 1, but my opinion is that the new departure is beginning because of the volume and moving averages confirmation. A strong pullback to Trend 1 will approve my idea and the target will be...

bhnmzm Updated 

Bitcoin started the 9 Jul with an Abnormal Pin Bar . At the same time, that candle has returned from a strong key level and a trend 1 support. Also the volume approves of the return too. I think the overall situation isn't very heartwarming, but it will go green for bitcoin this weekend. and It’s going to start next week in the $34500 - $35000 range. Indicators...

bhnmzm Updated 

Bullish trend just started after the downtrend is broken. Key levels also approve the bullish movement. Dashed lines are long-term trendlines. To identify the price targets I used Trend Key Points Indicator which has a high success rate in such cases.