Despite bull run in euro, this pair cannot break the resistance at 1.375. It has tested this level at least four times. Moreover, we have declining RSI. Weekly and monthly trend is also bearish. I will safely enter a short from here.
We have seen a pinbar followed by the bullish candle on the four hour chart.
The price seems to put a double top at 255 price pattern with a shooting star on 4 hour chart. Moreover, there is divergence in 15 minutes chart.
I do not think that bitcoin is taking a dive immediately.
Because of rising channel on 15 minutes chart, and low volume, I believe that the triangle will break downside.
I believe that current bull run in bitcoin will end somewhere between $420 and $440.
RSI is oversold and I can enter the long targeting 0.382 correction.
The bitcoin price has put another higher low. I believe that this is the strong indication of coming bull run. I am long from here with a stop loss at $232.
I believe that this pattern will break upside. I will close my long position if one hour candle closes below this channel.
The recent correction in bitcoin has failed to create lower lows. This is an indication of a bullish market. We are going up from here. It will take two or thee days to pick up momentum, but we will go high from here. I opened a long with stop loss at $230.