Facing horizontal resistance and forming a rising wedge is enough to be in USDT.
Longing from here, target price is on the chart!
BTC tried hard to pass the line and become a BULL but the trend is again showing a bearish pattern. We are still waiting in USDT. The time will come... The important thing is to have buy orders at different levels to catch the DIP. Those levels for us : 8700$, 7700$, 6800$. It should go fast once/if we break under...
Hope you guys are following our analysis, we just did a nice short that went almost exactly like we tought. BTC should conitnue down to approx 8700$ at least then maybe we will see a pump if this Falling Wedge pattern plays out. Call it : RUN THE STOP LOSS. CZ (Binance) and Arthur (Bitmex) love it. Don't worry if you prefer to chill in usdt, on the daily its...
Hi traders, Since yesterday BTC shown us the bear trend we are entering and we already note 1D EMA is bearish. You can see a bear flag printed on the 1H tf. Remember 2 days ago (go see in our trade idea historic)? The same pattern happened and played out well. We are back at it. We will open a short from 9340$ and ladder up to 9500$ in case of the restest of the...
Hi Traders, its clear that the trend is now bearish. Just look at the 3 last times EMA 9 crossed EMA 20 on the Daily Time Frame. The least it dropped is 24% in 10 days. It would lead us to 7200$. Simple as that! Trend is your friend. ----------------------------------------------------------------------------------------------- If you like the analysis, feel...
- BTC UPDATE - The second pump should/could be as long as the last pole of the flag : 338$, leading to BTC retesting 10 200$. EMAs still in favor of that move. Not a financial advise, just my view of the BTC situation.
Bull Flag printing, we can see BTC target is the monthly trendline near 9640$. If it breaks we can see 10k really soon. Overall in midterm we see BTC going back to at least 9k, but not before trying again to break up.
Unibright has no doubt a good future in front of it. Volume is good and just peaked, time to accumulate some. Sell high, buy low. Be careful when doing this, never sell all the bag as it can pump again and you dont want to end up Fomo.
Hi friends, I see BTC continue correcting at least to 9160$. After 12345 pump, ABC dump! This thing can't go to 15k in straight line, got to breath sometimes... What do you think?
Hi Crypto traders, BTC did a good run up lately with halving FOMO and market recovery. Now its time to see if there is still a correlation between BTC and stock market, as we have seen since the big crash. Logically, it should go down. To much reasons : - RSI oversold 1D TF - Restest of the last breakout near 8k - EMA 200 should be revisited, wich is near of the...
Continuation of the upward trend, just a retest down to recharge and fly back.