Umarzia

Umarzia

At 1D time frame btc is in clear downtrend but until it doesn't make new low from here this area as per smc is in no trade zone.

Umarzia

Op next possible support can be around 0.563 and resistance 0.71

Umarzia

If we zoom out to see bigger picture of bitcoin it's sideways from past various weeks. Even compromising 39k support will make it just a swing low. Sentiment can change into bearish going below 28k which will be a lower low. While above 69k it'll become fully bullish. Right now it's just in a neutral zone.

Umarzia

Simple idea about what coming up for pond. A touch to previous ath can provide 2x profit.

Umarzia

Damn auto rotate 😄

Umarzia

Bitcoin seems like at a small cross road. There are 2 scenario at the moment. Green way is to test 36-36.5k where btc has Kijun Sen support yet to be tested and start uptrend again at least untill 41k. Red way is as 1D and 4H under hidden bullish divergence, btc goes upto 41k for retest and start falling again. Globally btc is yet in down trend so my personal...

Umarzia

.... breaking above this resistance will lead btc towards 42k and if it failed to break than get ready fot new low.

Umarzia

Reposting. Bearish Crab Pattern Target price: 13.7k Time: Mid-term Invalidation: break-out from downtrend line (daily), New ATH.

Umarzia

Bearish crab pattern target is eventually the 2019 high. INVALIDATION: New ATH Time: Mid-term

Umarzia

Finally it's time to test this famous indicator's accuracy. Saving for future reference. Points to check: i) False signal, ii) repaint iii) accurate, iv) reaction on candle close.

Umarzia

BTCST is in nice and smooth accumulation phase. If bitcoin stays stable for next few days and there are higher chances to break out of this accumulate zone and start rising towards $45, 57 and $66. This zone is very good to buy and jold for mid term. Before break out I can sense a fake break down of this zone as a early sign.

Umarzia

Btcst project has a lot of potential to grow, limited supply, possible NFT listing, unique project and many holders with upcoming airdrop. Hopefully it'll break 39 and 43 resistance soon and my final target is $100. InshaAllah

Umarzia

These are some levels to watch in February. Saving for future reference. I'm quite sure in Feb btc will surely tough the BB support if not the Tenkan Sen support. When ever any TF candle closes above BB upper band and next candle open up too than it definitely come down to not even test it but in most of time it break it down. In above chart we have same example...

Umarzia

Btc is at decision point and we will have it's direction very soon. Both sides have equal chance.

Umarzia

Pattern is same, btc is forming h&s again and again at top. Invalidtion point is new ATH

Umarzia

...

Umarzia

Today I'm expecting a drop to retest the resistance turned into support around 89.60 zone and than DXY can start rising again. EURUSD can rise to 1.23000 and USDJPY can decline to 103.500 zone in response of DXY drop.

Umarzia

... Saving for personal analysis. According to dow theory a trend reversal starts when volume start declining and price move in LH and LL. BTC price made a new LL so it can be in his 3rd phase which calls Panic.