I am looking to see daily consolidation here , volume climaxes shows similar setup to last dump. We also have RSI bull div on daily( there was none on last dump).
If 7250 it would be nice for new move up, shorts went parabolic. Pump up might cause them to close for even higher pump. Kind of risky playing here but lets see how long goes.
Crypto sentiment is very bearish, we have a pennant which usually result in continuation, shorts are increasing, longs decreasing. If we break this pennant bullish with some follow through shorts will start to cover and we have quite big move up. Best case scenario would be play a break abut lately are so many fakeouts. Lets see. There are also some bull div on...
We are in symmetrical triangle, and there is also possibility of HS play , we have a bit more volume on dumps so I wouldn't be surprised if this HS plays out and we damp from here. But I give more credit to triangle (equilibrium) than HS.
Can we break above resistance or we dump to support at 7,7k sat. Let see
Time to buy the dip big time and hold position for swing. Prey to gods 7k holds else might be exit all market. I filled my orders. Sometimes you just gotta buy the dip and hope for the best ;)
We have most likely formed weekly higher low (compared to last at 6500), fractals from previous dump suggest we already hit bottom. We are just waiting for retest and confirmation with daily higher low(compared to 7050$). We are most likely forming equlibrium on after all this dumping. Target will be to 8300-8800$. We can than break bullish weekly equlibrium or...
There are already signs of weakens . volume declining on new highs, rsi dropping. I expect one last try up before we start a pullback. possible to around 8k, and i expect this pullback to last 2 weeks. and after maybe some consolidation and start of bull market in june on btc. We will most likely have bloody monday again.
Buy on breakout, should happen in next 24h. Thinking of long breakout as the have new fork incoming .
This is a nice triangle on D chart, if daily RSI hold we should be going up, waiting for break in either direction to buy in, and this could be longer trade (long/short) with big upside possible if braking above.
Could be good long entry. Rsi is showing divergence and we have falling wedge. If we break above we could have a nice move up. Have stop loses at 7200 or 7000 area. Good luck
I seee btc going to 11200, after that we will recheck again.
Bitcoin is forming triangle. There will be break of it very soon. If we go bellow 11k sell all becuase we will go into diving if not we are ready to retest 14.4k and after 15.3k $. In my opinion it will break bullish up. If you buy in now, make sure to have stop loss bellow 11k. Good luck!
Btc getting ready to next pump. Most likely till 20k which should be around 30 dec. After I expect correction. Wall street needs to pump price first before drop.
BITTREX:UBQBTC has been consolidating for few months and its ready for next cycle. It has come down to 786 fib which gives great chance for increase in value. Set your stop loss below 17k. Buy in range of 17,5k-22k. Target is around 38-40k.
Get in now at support level with a stop loss at 0.000044, destination will get you high :) Note though that it can also go first down to 0.000037 but I doubt it. DONATE/TIP BTC: 1JtrNhmtaddetoqxsgM1EAbXBC1qz9h77A ETH: 0x81b52bcb7df0bE59E7d08583443C815eCFe5CF5E