I see a lot of traders posting patterns (wedges, H&S, etc) but there is one thing that is not considered by these people and that is a clear trend, all the patterns are for continuation or change of a bullish/bearish trend and $BTC doesnt have one. Stop assuming that the price goes up or down, and think what whales is more likely to do here, The price are now in a...
BTC Its forming an inverse H&S pattern on the 4h chart, if this is complete and we have the breakout the next resistance its at 10400$. But also we have the break of the bearish trend line, level 23 Fibonacci of the whole correction and the EMA200 on the daily chart, fun weekend its starting... //////////////////////////////////////////////////// Tenemos a...
BTC has an important volume every time he has touched the 0.38 level Fibonacci (7900$) I expect bounce on that area because the bears are winnig right now The RSI is using the level 50 as resistance and its look he is going on the ride to the oversold levels, and brekas with high volume the bullish trend line on the price On the more long term is better to...
6000$ parece un buen candidato para ser el punto mas bajo del rally bearish en el que esta metido Bitcoin desde principios de año, pero aun faltan batallas que ganar La vela de ayer fue buenísima, tuvo una sombra tipo martillo y cerro arriba del 50% de la vela anterior Hoy es otro día y comenzó una nueva disputa, en general cualquier cierre por arriba de 7600$ es...
Ultimo rebote de Bitcoin antes de llegar a una verdadera resistencia, el nivel 23 Fibonacci, la EMA200 en velas diarias y la linea de tendencia bajista que se ha formado durante los últimos días Ha encontrado soporte en la tendencia marcada en el RSI y también se acerco bastante al vértice del canal alcista el rango de la resistencia esta entre los 8800$/9200$,...