Crytpocurrency
BTC/USD in a tricky spot. However im going into cash!Sold my long when the bottom donchian broke @ 11,440. Currently sitting in cash and waiting for price to show me bullish price action. I will know when there is bullish price action when it breaks the top donchian sometime in the future. Dont fight the tide flow with it. Keep it simple. - Andres
BATUSD formed shark pattern | Upto 33% profit potential tradePriceline of Basic Attention Token / US DOLLAR has formed a bullish shark and entered in potential reversal zone.
RSI is oversold and turning bullish.
Stochastic RSI has given bull cross.
As per Fibonacci sequence the targets are as below:
Buy between: 0.20762 to 0.1915
Sell between: 0.22310 to 0.25651
Regards,
Atif Akbar (moon333)
Bitcoin BTCUSD Still Neutral#Bitcoin got the expected mini-rally up to resistance. Looks OK, but what it does here will be telling. Most likely it will fail and resume down somewhere around here.
Daily technical look OK, but weekly charts still hint at a few more weeks of sideways or down.
I have no positions. Patience.
Bitcoin BTCUSD Still chopping around with a bearish bias.#Bitcoin Still chopping around and grinding lower. I like buying when sentiment is overwhelming one-sided and we're not there yet.
We might get a couple days bounce, but there's too much resistance overhead for me to consider it tradeable.
Timing-wise, still feels like a few more weeks of weakness.
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Ltc follows its brother Bitcoin. Ta found the bottomThus therefore the same must apply with Litecoin, don’t go buying on this noob’s TA; pure hyperbole and fantasy but it does indicate to me that the trend is upwards as LTC shadows bitcoin with a sneaky halving shortly make this an interesting presumption
BTCUSD making lower lowsBitcoin is trading back under the $10,600 level in early Monday trade after the BTCUSD pair suffered heavy losses over the weekend. The short and medium-term outlook for the BTCUSD pair is now shifting, with price now making lower highs and crucially, lower lows. A break below the psychological $10,000 level exposes a very important technical test of the $9,600 support level.
The BTCUSD pair is only bullish while trading above the $11,800 level, key resistance is located at the $12,000 and $12,400 levels.
If the BTCUSD pair trades under the $11,800 level, sellers may test towards the $10,000 and $9,600 support levels.