risingstar90

risingstar90

On 1 day logarithmic chart, we can see the bearish wedge and BTC is so close to 1D EMA20. It can be fail to pass over again the EMA20 line like the others.

risingstar90

We are going well with cup and handle formation. next step could be like this.

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According to 1 week log chart, there is endless cup and handle formation. Next stop: 60.000 $ by end of the year.

risingstar90 Updated 

As you can see, there is a bear flag and has started to actualising. It seems next station is 6000. (There is an one 6000 bottom more in 21,Feb in OKEX exchange.)

risingstar90 Updated 

On daily chart. You know when price down and volume up, market is bearish. But the current situation is the opposite now. The price going down but volume is decreasing. and when some volume enters to the market, we can see a strong bounce until around 15 K dollars in around middle of july.

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According to 4h chart, there is an ascending triangle forming. There is a resistance at 0.236 fibonacci level and this resistance level is a piece of an ascending triangle pattern at the same time. If we pass by this level, pump can be income.

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Don't forget that bitcoin was reached ATH with very little volume even than recent volume. Volume is slowing down but it doesn't matter for breakout. According to 4h chart, we passed the ichimoku resistance cloud and we are in a little uptrend channel. 12h StochRsi shows it can't go more down by 50 StochRsi because in the former bear market, 12h StochRsi couldn't...

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There is a rising wedge for bitcoin. Volume looks stable. Can decrease for short time. Market becomes indecisive now.

risingstar90 Updated 

On 4h chart, there is a big triangle. And this kind of MACD indicates generally it will going down(rounded MACD indicator.)