cryptownian

cryptownian

Bit count is clearly looking for a bottom to test before it makes its next in line upwords I say it will still go down equal to pinbaar or just a little lower before it pullback to continue its upwards climb

cryptownian

Bit coin finally testing Support level Changes of a break to lower support level is possible

cryptownian

Bitcoin is holding the high very weakly with spinning tops and doji Theese candle patterns are forming in a wedge Even though it's at the bottom of current wedge the overall preciding movement of btcusd is bullish And still still indicate trouble ahead for bullish momentum As previously indicated if descending wedge take control of market movement than The...

cryptownian

Look like bit coin might go rising or descending wedge If it goes rising it will move closer to resistance level and make the chances of a breakout more likely If it goes descending 8t will move to support level and make the chances 9f a drop more like likely Let's see how it plays out

cryptownian

Seems bitcoin might go down from current level To retest support

cryptownian

Even though candles indicate healthy real bodies THE closing of the next two candles will indicate a rise or fall to lower levels Look for a doji And close below as candle stick confirmation With TA indication of drop

cryptownian

It seems bitcoin Is rising dynamic resistance indicate it might not rise high before another drop down to resistance that is now support for retest and move up to higher

cryptownian

Due to resistance levels And recent high and dynamic resistance level it would be wise to wait until Price above all levels Let's see if this is not a test before another drop

cryptownian

Btcusd

cryptownian

15m time frame Market made support Piercing line pattern alo resting on support If breaks below

cryptownian

Bitcoin has made a huge retracement back from recent drop Ending with a piercing line candle pattern right from dynamic support area Retracement has reached current high and currently resting on support If market breaks below it could be a second drop Most likely is a rise to higher levels