BTCUSDT: Bears Be Careful! I Would Be Very Careful Not To Short It Here Cos Technically It Favours A Bullish Direction From Onwards, Except It Goes Below The 20500 Level...
Get ready for a pump in 3, 2,1.... We reached 52000 as indicated and surpassed it to reach close to 40000 which liquidated a lot of accounts. I think the exhaustion point has been met and a reversal pattern is beginning to form
In previous posts I started $52000 is a must hit...Everything on the chart was pointing to that with the weakening hands of the bulls.. So as stated before we should be looking to buy between $48000 - $52000.
So many LOWER LOWS AND HIGHS. $52000 MOST PROBABLE.. Price action in bearish momentum, under monthly mid-zone (white area). Target zone: $48000-$52000. Im still Bullish on Bitcoin BTW.
BTCUSD MUST REACH $52000, ELSE SOMETHING IS WRONG WITH THE WORLD LOL! Technical analysis on the weekly and daily suggests that it needs to gain support at $48000 - $52000, that seems to be the best place to buy for the next Bullish move. I'm still Bullish on Bitcoin BTW.
BTCUSD, BULLISH CHANNEL, BULL FLAG, 1D
BTC, BTCUSD, BITCOIN TARGETS FOR 2021
BTCUSD:BINANCE WILL LIKELY SEE A DROP FROM 19200 TO 14000.... I HAVE REDUCED MY LONG POSITION ON BTCUSD:BINANCE TO A SMALLER SIZE TO BUY MORE AT THE DROP... IF IT DOESN'T DROP AT 19200 THEN I CONTINUE THE RIDE WITH MY RISKABLE PORTION TILL JANUARY AT 50000 OR WHENEVER IT DROPS. I DON'T WANT TO BE GREEDY, ALREADY MADE 700% ROI... #TRADE CAREFULLY
WHALES ARE CONTROLLING VOLATILITY! SO SAD! VERY MANIPULATED!
BASED ON MY PREVIOUS POST, BINANCE:BTCUSDT STILL LOOKS QUITE BEARISH BECAUSE OF THE VERY STRONG WEEKLY RESISTANCE @ 10637.35 (GOLDEN LINE), HOWEVER THE DMI/ADX/KEYLEVELS INDICATOR SAYS OTHERWISE BECAUSE BULLS ARE PUTTING UP A TOUGH FIGHT. CURRENTLY BINANCE:BTCUSDT STILL STANDS AT 10625.43, SO IF IT MOVES ABOVE THE GOLDEN LINE @ 10637.35 AND FINDS SUPPORT, THEN...
As seen in my previous post, BTCUSDT didn't hold above the diagonal lines of support in 3 days and this is day3. Also a bearish setup is forming with BTCUSDT hitting weekly resistance and moving downwards. So next possible support levels are 10200, and possibly 9850. #TradeCarefully.
XRPUSDT seems to be on its way to hit 4HR 20EMA resistance @ 0.23700. If this occurs and there is a move to the downside then the next support levels are 0.2200 and possibly 0.2020. #TradeCarefully
As stated in my previous post, XTZUSDT did not stay above the diagonal lines and wasn't supported by the rings either, so bulls failed to hold. Currently XTZUSDT is heading down to 1.9 support, and may consequently move down to support rings at 1.6/1.7 and possibly move to 1.2 support if bears win! #TradeCarefully