@ the moment am seeing a buy set up on BTC.. This will signal the first re-tracement to the up side after the fall.... Expected re-tracement is @ a impulse back to 30$ position...
We see a possible reversal around ($9) where the market sits at a very good support level, as it's stands the makarket is in an exustion phase from the very impulsive bearish movement around ($10) but might push even further down to the next major zone which is around ($9) so we should be looking for buys around that area.
The market is still in a major down trend, we can see continuous LL & LH, but we can witness the first exustion around($10) where the market might hit this level and reverse from its bearish momentum. What we expect is for the change in the trend when it hits the zone around ($10) and make a possible reversal in trend (we should be looking for buys around this zone)
Price have broken above recent structure of resistance ( around 40,600 & 40,500) & heading for the next zone. Possible outcome, bitcoin will try to reach 42, 000 point & by that point we should be looking to short the market to test the violated zone around 40,500 & 40,600.when the market move in this pattern we should be looking to short the market around the...
Retracing from a previous resistance level, what we expect is a retracement from the level and to continue hiegher.
The market is reacting normally from hitting a strong support, and as expecting its recovering from its bearish movement. What we are looking for is a break above previous support turn resistance u till then mana will remain bearish.
Dash looks bullish but hiting a previous support now turn resistance (what should we be looking for) wait till break of the position then it will continue bullish RSI.