Conclusion: - BTC has closed his weekly BELOW the support (fibo 0.5) and also WITHOUT a significant bounce off. - EMA 9 & 30 seems will deathcross Direction: Support around fib 7k - 6.8k (fib 0.618 & MA 100)
As we've seen that IOST had breakout the trendline and mid range, i'm expecting that will be Higher High after the pullback of breakout. Good place to buy is at pullback zone mid range / fib 0.145 : 0.00000070 Price Good place to sell is at high range / fib 0.382 : 0.00000080 Price Good place to set stop loss is below the mid range : 0.00000068 Price Note :...
As we've seen that MITH had forming Falling wedge and Bullish Divergence, good volume, not pumped yet during this beggining everyone said "alt season". Good place to buy is at Range Low : 0.00000151 Price Good place to sell is at Mid and High Range : 0.00000165 - 0.00000187 Price Good place to set stop loss is below the Range Low : 0.00000147 Price Note : This...
High range : 10500 Mid range (Confirmation) : 10350 Low range : 10205
Hello, As we can see on the chart BTC has breakout the trendline but we need a confirmation which must break and retest Pivot Confirmation zone at 10185 and then we can retrace to the 10350 target. Otherwise, if BTC breakdown the 10k support again, it will go down again to around 9.8k or more. Thank's a lot for reading.
If we enter this demand zone, we'll definitely bounce back , Why?, Why? and Why?! The reason is Because.... ... .. Hey Hey Calm down guys, i know that y'all very curious about that, Don't worry buddy i'm understand that maybe one of y'all want to buy BITCOIN at the price that you'd think this is low price and will make you being rich .. But in my point...
BTC short-term support and resistance level
Dominant Direction : Short Reason for open position : - S/R Flip - Strong Support broken - Seems big player has take profit Note : Dominant Direction will be invalid if we break 10401.5 (Stoploss)
If BTC can break 10815 resistance and retest as support, next resistance is 11819.5
Dominant Direction : Short Reason for open position : - S/R Flip - breakdown the up-trend trendline - Huge volume of Strong Seller Note: This scenario will be invalid If we breakup the S/R Flip zone around 10.5k - 10.8k and possible go to 11.8k
Next Target after this major breakout are above on chart Thanks for reading
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ThunderLight indicator is used to catch accumulation from Whales and their entry points (hidden supplies and demands) before they pump or dump the index (forex, crypto, stocks). The trader can't see Whales accumulation on the normal market, but ThunderLight indicator exactly can track and detect before pump or dump happens. So the trader can't be manipulated...
- Strong trendline broken - Possibly Possibly forming H & S
BITCOIN Sell-Off Target and Buy-Back Target Thanks for reading :)
- ABCD pattern is unfinished which the target is 24.5k - Elliot 1 & 2 Wave has finished and currently we are on the way to 3 & 5 Wave that we should hit 20k then correction to 16.4k and then we can go to the last wave 24.5k - Parallel channel from the 3.2k still on track & valid that was affected a correction from the 13.9k to 9.6k following the elliot...