It's look like BTC is forming a rising wedge on 15m TF. If this chart play out well, we have good short oppotunity there
Bitcoin is testing 19500 support for ther 4th time with a low volume during the weekend, which is a sign of weakness. If this level is broken then the target is previous low. It's also worth to mention that since the price broke down the upward channel, it's not tested the broken level yet - which is another sign of weakness. With the incoming news about Mt.Gox...
Cardano breakout of triangle pattern and likely to retest at least 0.5470. Watch it closely, there is a chance this is a bull trap due to the lower volume.
BTC retested local high which show lower volume, this may indicate that whales not interested to sell at current level. There is a chance that BTC will retest 23k and then 26k6. A drop bellow 20k3 would invalidate this, BTC may revisit 17k and stay there for awhile. This is not a financial advise!
ETH is consolidating and forming a potential Diamonds bottom pattern. Watch it closely. Entry only at breakout Don'f forget to set stoploss Happy trading!!
Hello guys, Bitcoin broke it's trendline and trying to get back to the upper side, but there is some thing to notice about that. Current level is combination of many resistances: Top of BB channel MA100 Broken trendline Low volume All that infomation convinded me that Bitcoin is likely to drop to it's local demand zone (~10% drop from current...