Hello Traders, From the market of Bitcoin 200 billions wipe out. People loose big money. Why this happening? The answer is very simple. They do not pay attention to technical analysis. If you know them, then is very simple how you control your portfolio in crypto. You have many tools that provide indication of price change direction. Closed you position and case...
Hello Traders, There is support on 39500 level. If current candle will be close above or bellow this level, we will have movements of the price. But likely price will continue to drop. For more precise entry change TF to lose one. Upper side is “protected” with trend line - breaking trough the TL will be the signal to open long position. Vertical line indicates...
Hello Traders, This is definitely second chance on short. I am trying to predict changes direction of the momentum and price in the future… We will see that will happen. One again red vertical line - change of momentum direction, blue - price change direction. Any question? Just ask… Cheers, Jim
Hello Traders, This is definitely second chance on short. I am trying to predict changes direction of the momentum and price in the future… We will see that will happen. One again red vertical line - change of momentum direction, blue - price change direction. Any question? Just ask… Cheers, Jim
Hello Traders, After rise of the price now we expecting downfall. After formation 1-2-3-4-5 should occur drop of the price. Red vertical lines indicates momentum change direction, blue is the price change direction. Breaking trend kines will confirm price drop. Cheers, Jim
Morning Traders, I had mark entry after price break support on 45703.50 and close first candle bellow that support. At this time giving profit of 2700$. not to bad. If you open short position wait for price responds. OK, lets talk about current situation. Price is in very narrow correction. Most of the time narrow correction means price will explode either...
Hello Traders, HAPPY, HEALTHY AND PROSPEROUS NEW YEAR. During Christmas nothing really happen on Bitcoin. Right now market moving sideways between 48000 and 45000. TL1 “protect” from rising Price and TL2 from falling price. As you can see 48000 its very strong resistance, price try many times break through but fail. Watch this level this is very important, first...
Hello Traders, The situation on the market is clear. Price is moving between 51500 and 47530. Momentum is in the sell zone but is very weak. I will not recommended to sell yet. Keep in mind that situation could be temporary and change any time. Candlestick indicate that we have temporary support on 47530 level (not a zone) and it’s mark on close/open price - grey...
Morning Traders, After price drop of 21% we can see slowly rising price. Price just Break through upper Tl of the channel – Resistance. Last candle (size of over 500$) may close over the top of the channel. Last candle may be the signal of long position. But be careful, some time next candle may return to TL to indicate that TL perhaps will be support. Also...
God morning Traders, very interesting situation on Bitcoin. We have few support and resistance levels (not zones). Rising price created rising channel and price is on resistance line. In channel there are two lines – bottom is support and upper line is resistance. Also we have resistance on split candles (52060) and on Doji (53069). but first we have 50000...
Hello Traders, Due to strength of USD price of bit coin drop drastically. By looking on channel look like price may drop more, but I you can see there is support on the way (red line 53668. Perhaps this support will stop price but we have observe market. This support is on last long black candle. Support and resistance always shows on open close and 50% of the...
Morning Traders, As we can see we have at this time downtrend. 0 is the highest high, 2 is lower high. There is also formation TL4C. If the price breakup TL1 and candlestick will close above it, then we will have buy signal. There is resistance level 62000.0. Price just passed 50% of the last swing let’s see if will hold high move. As a support 61000 level...
Morning Traders, I just remove my indicator to proved to you that you can trade only with “Price Action”, effective SR and Trend Lines. Next Support will be 34000$ if the price pass trough this level, then possible we will see continues drop of the price. 34000$ previously shows strong support for the price but we will see what price will do. Next support is on...
Morning Traders, After price drop around 2000$ then back up same distance. Right now, price struggle to pass 38000$, but we have 1 hours to close candlestick. Resistance set just above 3800$ - 38397.8$. Momentum currently is not stronger enough to pass resistance levels. Channels was broken to the upper side. There is TL protecting us against possibility of...
Hello Traders, As we predicted, the price dropped like Thunderstorm by $ 13,000. That was incredible. It was worth waiting for this decline and if you knew where to open a short position you just make lot of money. Right now, price is struggling at the $ 36,000 level almost two hours to close the candle. Our limit of the swing limit is $ 31,410. Two hours remain...
Morning Traders, Latest “news” from Musk makes price bounce bask to 46000$. Bitcoin is extremely sensitive to rumors. Do not pay attention to that just do you Technical Analysis. You known how to do TA, right?? If look on H1 chart you will see at which point price will change directions. Now price is dropping along with strong momentum. Price must pass strong...
Hello Traders, Price remain on strong S/R level 48000$. If the price smash that S/R level, then we should see price further dropping. To the upside we have TL. That if the price decided to go higher then breaking that line will indicating rise of the price, but significant size. On the previous analysis I had mark upper limit of swings 59124.4, that level was not...
Now we have 50% of the 50% correction. As you can see perfect signal shows up for rising trend. I am sorry I did not publish signals to open position but that was conditions which i publish in the passed analysis. Just beautiful Momentum candle shows up length of 2800USD. Price break though TL2 shows up rising momentum and TL was broken by JP Spectrum those are...