This can still consolidate and find support, still looking for long opportunities
I do not think BTC will make it much higher. 39.5- 40k is a lot of resistance and I think BTC is going to get shot down.
If BTC goes higher than that im going DXY bear BTC BULL
It looks like resistance should flip into support for the dxy above 96.25. Looking for a long position as in USD as long as support holds. I think this resistance flip support trend line will be key in the month of February
On the log chart 38750 is a very key resistance. Start seeing some candle body closes above it and you could see a breakout higher close to 43k or 45k. Above that price BTC has to be bullish right?
38.5k is really big resistance but if btc can get some daily candle closes above it.. could be very bullish
Looking to take another big long position in the DXY after some consolidation. As long as the index can hold above 96 in the short term I don't see why it wont continue up. I am looking to take a long position on the index 96-97
First support should be around 96.9. Looks bullish if it holds, I dont see why it wouldnt
Looks like a powerful and clear breakout on the US dollar index. It has support close to 97 and 96.5 and it looks like it will consolidate and move higher
96 seems to be a very key level. same level where it had a red close on march 2nd 2020. what's going to happen I don't know for sure, watch for a break of support or resistance
Looking like BTC will likely test that trend line again, perhaps close a few candle bodies along it similar to what happened a few weeks ago.
Im seing some very strong resistance at 39k but if it can clear that it may have some upside
I think the US dollar index will break resistance soon and see a nice point or two. It doesn't have to break the resistance now it can always consolidate more. The trend looks good to me.
buying the dips I don't care what the haters say, bitcoin can and will rebound. Taking this long trade which I think is a higher percentage trade. Bears might secure 30k first but the rebound should be epic when the shorts start FOMOing in.
Lets pump it back to 39k and then dump it to 30k. This macro breakout should see a retest before a bigger move
I am longing this with a target of 38.5k. After that I believe is likely more downside
long with tight SL. Its really close to oblivion, imo
I think as soon as BTC loses that key trend line it will break down very badly.