Here is my point of view, I am going to short Bitcoin at this point, considering a double TOP pattern formation which is a bearish pattern and also volume is low for a pump! Here are my ranges Sell short around 7600-7650 Close positions around 7450-6850-6400 Stop loss 7890$ Leverage 10x!
WPR is looking good here! Buy : 720-740 Sell : 820- 843 short term mid term: 990 - 1150 long term: 1550-2250 stop loss 550
So we are still not bullish since the volume keeps dropping and this is the only reason we haven't yet broken the trend, the only consolidation around 7400-7800$ levels with no good volume, yesterday's forecast is still in the sight, but due to low volume, we may retest the support 7000-7300$ but if we go down from the 7000$ mark, it will be a bad sign, we must...
We are not yet able to consolidate above the 7700, but the pullback from that level each time is becoming shorter pulse. Spring is closing in, I think that preparing for the break. In this case, you can go to touch 7900-8000
Buy 9500-9600 Sell : 10500 12300 14990 17740 Stoploss: 8500
Buy VIBE around 1900-2050 Sell 2290 2888 3555 4555+ Stop loss 1555
Hey!! See we have reached the target as mentioned in previous post 7700$. and now we want it to go above 7900$ ++ let's see a small retracement and then BOOM, maybe slow movement! Stop 7489$.
Looking solid! buy 0.00140-142 sell 0.00155 0.00199 0.00243 0.00311 Stoploss:: 0.00112
RCN looking good at this point, holding support line now. Buy : 1000-1130 Stoploss: 950 Sell: 1350- 1590- 1888 - 2555 - 3555
So, we are holding the support and trendline which is at 7000$, and as far as it is above 7000$, we are okay. breaking 7000$ will be a bad sign and no bullish signs until we cross the 7800$ levels.
If this is truly a bounce off the resistance, and we start to see volume increase, we could see an increase to wave C. MACD still needs to cross, and RSI cross EMA for a good indication of a reversal in the short term. Feedback welcome.
Okay, so finally we are here again! The previous update was based on the downtrend and it did go down to our said level (7200$) and now we are expecting a bounce back as at every highly oversold RSI acted as strong support and Bitcoin Bounced back heavily after hitting the specific points, we are now watching the charts carefully, as you can see in the charts and...