ciythex

ciythex Aug 2, 2022

BITSTAMP:BTCUSD signs of reversal coming in, but still need confirmation from the weaker downward momentum. could potentially break past this zone, which was still on target for 21500. Could consolidate even longer before the leg down.

ciythex Aug 1, 2022

As i have stated yesterday about the btc prices been bearish. BITSTAMP:BTCUSD as you can see the price movement yesterday was ridiculous, tricking many, many people going into long positions. the buy volume was so little but with a massive green candle is corporate funds exiting the position after jacking up the price for retail investors. Dont fall for it next...

ciythex Jul 31, 2022

BITSTAMP:BTCUSD consolidation atm. strong resistance and not so strong support. anything could happen right now. so its always the best to wait for the confirmation before starting the trade. neckline at 23524 once broken we can enter a short position starting from here all the way down to 22500zone for the first target not exactly but in this zone is...

ciythex Jul 31, 2022

BITSTAMP:BTCUSD Printed a potential double top at 15M no volume at all is also concerning. we could retest23522 from this morning for a triple bottom playing out for a reversal sign. if not we stay at our bearish divergence and decreased volume sine June for our target at 21500.

ciythex Jul 30, 2022

BITSTAMP:BTCUSD Btc have been hitting the top of the trend line multiple times and rejected for a correction. Bearish Divergence in RSI indicators and a Decreased in Volume since end of June 2022. To continue higher we need a higher high breaking and closed the daily above approximately at the 24400 area. as you can see BTC have broking below the neckline of...