Markets where Bitcoin / British Pound is traded ; BTCGBPRBITCOIN / BRITISH POUND. ETHGBP D1 Very much the same investing stance on ETH as we have on BTC. We are looking for these daily support trading zones where we can look to average our. View live ALGO/GBP chart to track latest price changes. Trade ideas, forecasts and market news are at your disposal as well. ALI QAMAR CRYPTO
Why get subbed to me on Tradingview? Why do we choose them for analysis? They are TOP indicators of their markets: the cryptocurrency and stock markets. We are not going to talk about a local trend, only a long-term trend. The long-term trend is what we should pay attention to.
We are seeing a small bounce and people are asking Will Bitcoin go up now or the bearish bias remains? Look at this chart above. We have a corrective wave developing and some small bullish action is showing up. Yes, Bitcoin can go up But, it first needs to break above resistance before the bulls are back in control.
The yellow square on the chart is Over the last few weeks I've shared a couple of longer-term ideas and cycle patterns on BTC. All of them are equally wrong and right at the same time, no one can tell you what will happen in the next few months. Keep an open mind, discover different outcomes and act on them once they occur.
In today's BTC analysis I want to shed some light on the 3-day death But since there are no Confirmations we shall wait for a Break out to happen. After reaching our price target of 40 USD, we predicted a temporary bottom for Bitcoin. That has been the case for the past week. The prevailing trend in Bitcoin weakened even further, and volume declined. However, in the This idea comes as an update of the last Bitcoin idea that suggested a buy around the 33k level, the price did reject the level as buyers showed up buying the pull-back measured move from recent hights.
The price is trading inside a bearish channel which is bad news for buyers in case it The possible correction before heading to the top of arc 4 based on the arc 3 told us that 69k was the top of the arc cycle and confirming the exit passing under the arc entering the arc 4 if "ONLY IF" My previous TA I shared on March 30th and my update on April13 Critical Days Ahead succeed a correction may occur falling from 31kk Over this weekend, we will most likely see the bottom of BTC and Crypto for the current wave down.
I've looked at about cryptos, and the trend reversal is being set. I expect this bottom to hold over the next few days and BTC and other cryptos to start making their bullish waves. We see bullish momentum being built up in lower timeframes, and higher time frame Satto is special, he comes from online gameplaying and made his footsteps into cryptosphere with his own suicidal style.
He made his money from gameplaying and got lucky gambling with that in the crypto market. But the tides of fortune are amending the budget. Losing k and another 28k revenge trading it in a single day made him famous. Pictured here is his Hey traders, If you follow me for quite a while you probably noticed that I apply a candlestick chart for the market analysis.
In this post, we will discuss how to read an individual candlestick and we will outline its important elements. Price action is moving below mid-range of a descending channel making lower high's and lower low's. So far btc is holding ascending trend line resistance but this will likely break down as soon as death cross occurs.
Money Flow Volume is a metric used to measure the buying and selling pressure of a security for single period. NB: Bitcoin similar outcomes. RSI close yet still above midline. It had crossed the signal line about 1. RSI above midline and signal line. MACD above signal, trending up. However, new week, it's important to highlight the full watchlist from the start and follow through what unfolds as expected!
We are looking for these daily support trading zones where we can look to average our entries to increase our position size. A break beyond this Crypto has been sluggish for the last couple of months after general all time high threats across the Crypto board. In the last rally, it tested the two resistant before turn into support. It then continue the uptrend. Similar resistant has been tested and it is currently retest the support for 3 times as before. It is quite likely it will continue the uptrend like before.
During BTCs flash crash causing the rest of the market to fall didn't impact ETH as much as it impacted the rest of the alt coins. Furthermore, when ETH fell below the channel it soon re-entered the channel on a push
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