Bitcoin is consolidating around 48K, but the picture looks more and more bearish on the bigger time frames. Currently I marked it as neutral, because I still don't see explicit indication to open a short position. The EMA golden cross on 15th didn't make any difference, because it always comes with a delay. The major 45K supports is still holding well the price,...
I see an opportunity for a long position for BZRX on the daily chart. The green dot signal just flashed after a break out of channel. Long, 1 day, SPOT, EP 0.3350, TP 0.40 , SL 0.27
The bigger picture on 1 day is still bullish, but on the smaller time frames a consolidation is taking place and 45-46K level may be checked again in the next 24h. The weekly and two weeks chart don't look promising for the bulls, but we are still in the middle of the week. Although we are above 21 EMA on weekly, a correction to 38-40K levels is still possible...
BTC is still consolidating above the critical 45k level (which is the bottom of the Gann square) and closed another daily candle above it. I still support my initial idea, that we will have a bounce to the upside before another leg down later this month.
Signal : Buy long Asset : ICPUSDT Exchange : Binance Margin : Spot Market Risk : 5% Entry Price : 59-61$ Stop Loss : 49$ Take Profit : 88$ Status : ACTIVE
I see a BUY signal on 1h time frame at 45,800$-46,200$ with stop loss at 44,000$, target 49,500$
We have hit the Fibonacci 0.147 level and the trend reverses to the upside. We still don't have confirmation on bigger time frames, but that is where you could take a good long spot buy. Tomorrow I expect a buy signal on 3 days and closing of the weekly above 35000. Mercury goes retrograde and I think that is not so bad for bitcoin :-)
Hi all, although this is not a chart or forecast I have to say I trust Stellar will follow its bigger brother XRP regardless of the crash today. The bull signal yesterday seemed to faced the 5th arc around 0.00003400 level, which has misled even the experts in trading. :-( After buying and holding XRP for a month and a half I have reached to certain conclusions...