#BTC haven't moved alot, just stuck inside the range, as of now the cases remains the same and with that price formed the small uptrend channel, which is been broken and can go for a retest now.
#BTC WEEKLY TF UPDATE :
#BTC is Weekly TF, rose and trying to break the resistance area now. This is a very good indication and candle close over the previous candle high can be considered as bulls in control. Still, chances of getting into the sideways is higher, let further price action to be build.
#BTC is Weekly TF, rose and trying to break the resistance area now. This is a very good indication and candle close over the previous candle high can be considered as bulls in control. Still, chances of getting into the sideways is higher, let further price action to be build.
#BTC had its rejection and we gave advance alert on this, that a fake out might occur. Right now, its dropping, slides below $92,000 and can reach the next support area, $89,400, before any up move.
#BTC retested, gave close above and dropped again. Price moving back and forth of the zone and might dip lower, as ton of liquidity resting below $86,300. Better wait for the price to gave more clarity and wait for it to entering into new altcoins positions.
#BTC moving back and forth of the level drawn but in Daily TF, its rejecting strong with wicks. Also in H4 TF price forming a triangle pattern and a break will decide the impulsive rally.
#BTC had it strong weekly close and dropped hard till the mentioned area. Price almost into the area and now retracing, a nearby resistance where it could rejected or flip from is at $88,200 - $88,400.
#BTC flipped an intermediate resistance are and now acting a support. Market is very indecisive at the point and can decide a potential down continuation or a proper reversal (with additional breakouts)
#BTC gave a shallow break and now flipped eventually it turned it into a fakeout. Price had a strong drop, flipped below the intermediate again. Price action looks messy at this more, more tends to bearish now. Have to wait for the breakout confirmation.
JUST IN: Over $400 million worth of crypto long positions liquidated in past 1 Hour.
#BTC WEEKLY TF UPDATE :
#BTC is Weekly TF, had a solid close last week and this week, we can strong sell-off trigger due to fundamental issues and reached the support zone drawn. Analysis gone as per the plan and price facing a bit of rejection too. Hopefully it will hold up a little and have a reversal.
#BTC is Weekly TF, had a solid close last week and this week, we can strong sell-off trigger due to fundamental issues and reached the support zone drawn. Analysis gone as per the plan and price facing a bit of rejection too. Hopefully it will hold up a little and have a reversal.
JUST IN: $130,000,000,000 wiped out from the crypto market cap in the past 24 hours.
#BTC dropped as per the analysis and callout, and reached the support zone area drawn. Price, trying to close below the support zone, and need to wait for the closing. Any bullish candlestick pattern, can be early indication but need to wait for the additional confirmation for reversal.
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#BTC going through the channel pattern and in hourly TF, its moving from channel to next impulse move. Currently, its on a range and market is bot clear as well, market is barely moving any side. Wait would be very best thing it can be done, as running chasing minor moves can be risky at the moment.