Entramos en un Canal donde BTC se encuenra en balance de Toros y Osos, habra que esperar salida para definir tendencia a corto plazo, habra capitulación de mineros? el precio actual de minar un BTC es 15500 USD entonces los proximos días son claves para el entorno.
On an Inverted weekly chart what are your thoughts!! an important week ahead to define the next move
BTC se ve en una semana clave para definir el proximo movimiento un alza arriba de 7500 podra entrar en la zona de compra, de lo contrario una caida de los 6800 pondra un objetivo bajista, como afectara el halving todo esto aun es un poco incierto lo importante esta por definirse y estamos a una semana de aclarar el panorama. Yo sigo Bearish pero no tanto como...
looks like bear flag broken down on 1 hr timeframe, lets see how it plays out, i am still bearish on BTC
Still playing the Rising Wedge on BTC Bearish divergence on RSI during the last days, lets see how it ends up, i am still bearish
Halving is coming so price is 50% lower than the last time it happened proportionally, lets see whats happen next.
4 hr and 1 hr are showing a H&S formation, 0.618 golden ratio down after the last up movement cornfirm it, expecting resistances at 6100, 5800, 5300.
Key level going up means 7300 target, going down means retest 5900, 5500, 4800, lets see whats happen in the next few hours.
Pull back from 5800 to 6400 levels, high RSI bullish hiden divergence worked as a catapult in 1 hr timeframe, now expecting a retracement on 0.5 or 0.625 Fibo levels, now with this movement my position is neutral till see a continuation of the pullback or retarcement to continue the down trend.
BTC Could have a small pull back my general trend is still bearish!!
As i predicted BTC shows a bearish momentum going to 5400 fib 0.5 and 5100 fib 0.625, strong break at 6000 after few attempts.
BTC as yesterday i was thinking, now follows the bearish trend fibonacci showing the targets, 5800, 3900, lets see whats going on.
Pivot was rejected so i am expecting a downtrend in in the smal time frames, next hour will be crucial to define the general trend continuation or reverse
I am still bearish on BTC since ichimoku showed a short zone, price ation needs to be agressive up to change to modify the trend.