CRYPTOCAP:BTC #BTC As expected testing $56,557 support, Next key support at $54,364, Failed to follow up on bullish engulfing on 1D which was pretty clear yesterday. RSI on 4H almost in oversold region, $58,882 will resist, $61,953 key resistance. $52,529 next key support after $54,364.
CRYPTOCAP:BTC #BTC Last 4h closed with bearish pin bar, testing $58,882 support with potential of follow thru to previous bearish close on current 4H, on the other hand 1D closed with bullish engulfing but considering current volume and everything seems tough for it to follow up, $58,290 next support area and key support at $56,557.
CRYPTOCAP:BTC #Bitcoin at $62,580 support, given resistance at $64,344 held strong as expected! Previous 1D close followed up to the bearish pin bar close putting bearish engulfing on 1D, RSI on 1D and 4H dropping, $61,953-$60,629 next support areas to watch here.
CRYPTOCAP:BTC #BTC Damn! Real struggle at $61,953 resistance. Bullish engulfing on last 1D close, currently forming bullish pin bar on 1D, RSI on 1D and 4H looks fine, $62,580 $63,544 $64,344 next resistance areas to watch. $60,629 support testing. $58,882 key support here.
CRYPTOCAP:BTC #BTC $61,953 resistance holding strong, previous 1D closed following up to the bearish engulfing from Wednesday, $58,290 current support in effect, RSI on 4H improving, on 1D RSI looks fine, unable to hold $58,882 support, $62,580 $63,544 $64,344 next resistance areas to watch.
CRYPTOCAP:BTC #BTC As expected broke below $56,557 support yesterday, currently back above it, $54,363 support held, Could put bullish engulfing on current 1D candle, approaching $58,290 test, RSI on 1D progressive since yesterday, also looks good on 4H. Nest key resistance at $60,629.
CRYPTOCAP:BTC #BTC Above $56,557 support after good struggle, $58,290-$58,882 test approaching. Expect resistance at $58,290-$58,882 as it's key support area, RSI on 1D and 4H looking good, $56,557 support tested on previous 4H but isn't safe yet. Watch given S/R on the chart
NYSE:TEL Similar to #Bitcoin forming bearish engulfing on current 4H, closely following $BTC. Bullish engulfing on last 1D close but unlikely to follow up due to #Bitcoin 's influence. $0.001572-$0.001543 should hold as key support, Currently struggling to build support at $0.001670. Expect key support test If bearish engulfing on current 4H plays out. Next key...
CRYPTOCAP:BTC #BTC $56,557 resisting as expected, nice follow up on bullish engulfing on 4H which allowed the test at $56,557. Currently seems to be forming bearish engulfing on 4H, RSI on 1D remains in oversold region, $52,529 seems to be current support area, watch given S/R
CRYPTOCAP:BTC #BTC Nose dived to $52,529 support! RSI on 1D and 4H both in oversold region awaiting sign of reversal. Last 4H close looks good, $56,557 key support to be regained which will resist, $50,552 next key support from here, and $48,362, $46,979 if drops further. No clear sign of reversal yet, watch given S/R
CRYPTOCAP:BTC #BTC Gained $66,961 support and testing $69,296 followed by bullish engulfing on 4H from Friday. RSI on 4H currently near overbought region, last 1D closed good with similar RSI on 1D too, $71,379 next key resistance. $68,546 not yet tested for support, $67,716 current support here. Watch given S/R
CRYPTOCAP:BTC #BTC testing $66,961, previous 1D close looks super good. RSI on 1D and 4H looks good, current 4H looks to be forming bullish engulfing, strong support at $66,961 needed to test $68,546. $65,789 current key support, $68,546 key resistance. Continue watching given S/R
CRYPTOCAP:BTC #BTC $66,961 support in effect and testing, $68,546 resisting here, previous 1D close looks good, $66,323 key support here, $69,296 support required to test $71,379-$71,981. Currently forming bearish engulfing on 1D, if bearish engulfing played out expect $66,323 test.
CRYPTOCAP:BTC #BTC $63,544 testing, Beautiful push above $60,629 with a test, Current 4H looking bearish, RSI on 4H in overbought region while 1D looking good, support above $63,544-$64,344 will allow test of $66,323, $61,953 current support yet to be tested, watch given S/R
CRYPTOCAP:BTC #BTC following up on previous 4H bullish close on current 4H, $59,788 testing, some resistance at $58,882 is also expected, RSI on 1D and 4H looks good, must gain support from $58,882 or it will retrace back to $56,557 test, $60,629 next key resistance, watch given S/R
CRYPTOCAP:BTC #BTC $58,290 support in effect, next key support at $56,557 which was last tested on May 01, RSI on 4H in oversold region, approaching oversold region on 1D time-frame too. Second follow up today on bearish engulfing from Tuesday, must hold $56,557 support area to avoid $55,393 support test. $59,788 initial resistance from here, then $60,629-$61,674.
CRYPTOCAP:BTC #BTC Testing $60,629 support, bearish engulfing forming on current 4H, RSI on 4H weakening and not looking good on 1D, $58,882 key support here which remains at risk, next key support at $56,557. $61,953 current resistance. Watch given S/R
CRYPTOCAP:BTC #BTC $64,344 given key support came in effect as expected 😎! Currently testing $65,521 support, RSI on 4H looks fine while improving on 1D, still look unsteady here. it could test for $66,323 by weekend if continues to improve on 1D. $64,344-$64,062 remains current support area. $63,544 next support from here. watch given S/R