Bulls tried to take control but were stopped by the bears.
The stops occurred on 50 SMA and 50 RSI line but bulls are not giving up yet.
It's a hard battle for the bulls at that level to be won today. But who know?
From this distance we cannot see what is going on.
The stops occurred on 50 SMA and 50 RSI line but bulls are not giving up yet.
It's a hard battle for the bulls at that level to be won today. But who know?
From this distance we cannot see what is going on.
코멘트:
코멘트:
MACD crossed when price crossed that dinamic trendline coming down.
코멘트:
BTC is holding there for the time being. lol
코멘트:
Those arrows pointing down is a possible scenario
코멘트:
It depends who win the fight. Bears stopped the bulls but bulls are not giving up.
코멘트:
That green candle must be an impulse of some kind that helped BTC to attack the 50 SMA.
코멘트:
코멘트:
This is how it look on 3min chart
코멘트:
In shorter timeframes you have to take into account other elements.
코멘트:
코멘트:
Hope from here you can see the attack.
A positive sign is that is stopped above that resistance just broken.
A positive sign is that is stopped above that resistance just broken.
코멘트:
Is it a 1st wave? Has the price completed a 5wave patterns already?
코멘트:
Don't know yet. We need to be patient and prepare ourselves.
코멘트:
코멘트:
This is the 4hours chart (the one at the beginning was 3hours chart)
In this chart BTC is in that upword channel going towards that 50 SMA trendline and approaching the 50 RSI line from below.
In this chart BTC is in that upword channel going towards that 50 SMA trendline and approaching the 50 RSI line from below.
코멘트:
That top trendline of the upper channel looks inviting does't it?
코멘트:
Previuos candlestick spiked up there
코멘트:
Volumes dont look as solid as in the 3hours chart though.
코멘트:
That 50SMA could push the price down when hit. Always be carefull.
코멘트:
I think I go to bed. Night.
코멘트:
Cannot sleep thinking about bearish pressure. lol
코멘트:
코멘트:
Hope it does not do.
Be prepared for any circumstance.
Be prepared for any circumstance.
코멘트:
코멘트:
It's tuesday and that weekly candlestick don't look promising.
It could make a full red body completing a three black crown
It could spike it
It could make a doji
Form a morning star
I don't know. lol
It could make a full red body completing a three black crown
It could spike it
It could make a doji
Form a morning star
I don't know. lol
코멘트:
Good morning people
코멘트:
Will bulls try another attempt for that 50SMA?
코멘트:
How do volumes look?
코멘트:
Going for a coffee, see you later
코멘트:
코멘트:
코멘트:
코멘트:
If it does not dip again but holds may be trying an attack to the 100SMA in the hourly chart. Let's follow it and see how it unfolds. Please be carefull and patient. I am not a trader and these are not meant to be financial advises but only my personal views. Thank you for following and sharing your ideas. See you in a bit.
코멘트:
This is the scenario in which one of many outcome may occur
코멘트:
BTC may break that resistence and go for that vertex in the short-term. This would be the 2nd impulse after the come back of yesterday.
BUT...
BUT...
코멘트:
코멘트:
This may also happen if bulls loose momentum and fall again under the bearish pressure. If it does it we need to see how supports react. Wait for the right moment. Be patient. Watch the price and it's moves and try to feel it.
코멘트:
If price goes that low and RSI don't follow we will have a big divergence for the upside and may present a nice opportunity too. Let's see