CryptoBullet
Last week BTC perfectly touched EMA21 [ This particular moving average was insanely successful in catching the dips during the previous bull run, so this time it definitely deserves our attention ] ๐กTechnically speaking, we got the pullback to EMA21 andโฆ
BTC weekly Zoomed in
We might bounce off of EMA21 to 10.5-11k, but I would view that as a dead cat bounce
๐We still have the CME Gap at 9925-9645 to fill, and that implies breaking below EMA21
So, how low can the price of Bitcoin go if that happens?
Next stop would be at MA50, which is in line with 0.382 Fib level (8.8-9k)
If that level doesnโt hold, next one is 7.4k - 0.618 Fib & MA200 is gradually approaching that level. That would be a 40% correction from the last high - exactly what BTC used to do in 2017
๐ญIf we are to see a much deeper pullback than the current one, I am not expecting it to go lower than that level on a close
So, the worst case scenario for BTC is 7k
We might bounce off of EMA21 to 10.5-11k, but I would view that as a dead cat bounce
๐We still have the CME Gap at 9925-9645 to fill, and that implies breaking below EMA21
So, how low can the price of Bitcoin go if that happens?
Next stop would be at MA50, which is in line with 0.382 Fib level (8.8-9k)
If that level doesnโt hold, next one is 7.4k - 0.618 Fib & MA200 is gradually approaching that level. That would be a 40% correction from the last high - exactly what BTC used to do in 2017
๐ญIf we are to see a much deeper pullback than the current one, I am not expecting it to go lower than that level on a close
So, the worst case scenario for BTC is 7k
CryptoBullet
๐ญSomething interesting happened on BitMEX with XBTUSD and this reminds me of what happened on Bitfinex in October 2018 but on a much smaller scale (this is actually why it might be irrelevant) Looks similar, isnโt it? Just saying
BTC is breaking out to the upside unlike 2018
๐กLooks like it wants to fill the CME Gap at 10.6k first
๐กLooks like it wants to fill the CME Gap at 10.6k first
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CryptoBullet
๐ NEO is knocking at R2 again, soon it will break out towards the next levels - 0.002 & R3
NEO successfully retested the breakout level (R2)
๐ฏ First green upside arrow completed
Next target is R3 (it can take some time)
๐ฏ First green upside arrow completed
Next target is R3 (it can take some time)
XMR has been accumulating for quite a while
Looks like a rounding bottom with a possibility of turning into a nice Cup&Handle
Currently sitting at the neckline. It might fall from here towards the Support Cluster and bounce back to the neckline and break out eventually or do it in the coming days. Either way, it looks like a bullish accumulation
๐ To send XMR up the price needs to break above the neckline & sustain it
Major MAs are below providing support
Bullish at the breakout
Looks like a rounding bottom with a possibility of turning into a nice Cup&Handle
Currently sitting at the neckline. It might fall from here towards the Support Cluster and bounce back to the neckline and break out eventually or do it in the coming days. Either way, it looks like a bullish accumulation
๐ To send XMR up the price needs to break above the neckline & sustain it
Major MAs are below providing support
Bullish at the breakout
CryptoBullet
BTC weekly Zoomed in We might bounce off of EMA21 to 10.5-11k, but I would view that as a dead cat bounce ๐We still have the CME Gap at 9925-9645 to fill, and that implies breaking below EMA21 So, how low can the price of Bitcoin go if that happens? โฆ
BTC closed the weekly in a bullish manner - printed a bullish hammer candle
CryptoBullet
BTC 12h The support (former resistance) held the price Now starting to look like an Ascending Triangle with the ultimate target of 11k ๐ฏ Should only break above the flat top ๐ป Returning to the support level will be a bearish sign
There we go! ๐ BTC broke out as I expected
That was quick
That was quick
CryptoBullet
BTC is breaking out to the upside unlike 2018 ๐กLooks like it wants to fill the CME Gap at 10.6k first
Update
๐ฏ I was right 5 days ago that BTC was going to fill the upper CME Gap at 10.6k first
It did exactly that!
๐ฏ I was right 5 days ago that BTC was going to fill the upper CME Gap at 10.6k first
It did exactly that!
CryptoBullet
There we go! ๐ BTC broke out as I expected That was quick
๐ฏ BTC hit the first breakout target!
Congratulations to those who followed!
Congratulations to those who followed!
CryptoBullet
There we go! ๐ BTC broke out as I expected That was quick
๐๐ฏ BTC hit the second breakout target!
The price followed my projection just perfectly
Congratulations to those who followed!
The price followed my projection just perfectly
Congratulations to those who followed!
NWC is in a juicy spot right now - the coin is sitting at the bottom of horizontal channel
High chances to bounce off of it again at least to the mid line
If not, thereโs another strong support level around EMA100 to bounce the price
Newscrypto is rumored to announce their new big educational partner tomorrow
#KuCoin
High chances to bounce off of it again at least to the mid line
If not, thereโs another strong support level around EMA100 to bounce the price
Newscrypto is rumored to announce their new big educational partner tomorrow
#KuCoin
CryptoBullet
๐ NEO is knocking at R2 again, soon it will break out towards the next levels - 0.002 & R3
๐NEO reached R3 as expected!
CryptoBullet
Like the majority of the alts, NEO/BTC has also been accumulating for quite a while Now trying to break out of the upward channel ๐Looks like NEO has broken through the Point of Control on VPVR, but the price needs to sustain it Major MAs are below providingโฆ
๐๐ฏ NEO reached the last target!
Profit 95%!
Congratulations to those who followed!
Profit 95%!
Congratulations to those who followed!
CryptoBullet
NWC is in a juicy spot right now - the coin is sitting at the bottom of horizontal channel High chances to bounce off of it again at least to the mid line If not, thereโs another strong support level around EMA100 to bounce the price Newscrypto is rumoredโฆ
๐๐ฏ As expected NWC did bounce off of the support and reached the target - mid line of the channel
Profit 17%
Profit 17%
BTC 4h
The price established a nice upward channel. Testing the bottom of it again
Thereโs a possibility of getting a Golden Cross if we stay within this channel - bullish signal ๐
However, if we break down 10.8-10.9k horizontal level, where EMA200 is right now, this will be a pretty bearish sign ๐ป
The price established a nice upward channel. Testing the bottom of it again
Thereโs a possibility of getting a Golden Cross if we stay within this channel - bullish signal ๐
However, if we break down 10.8-10.9k horizontal level, where EMA200 is right now, this will be a pretty bearish sign ๐ป
CryptoBullet
BTC 4h The price established a nice upward channel. Testing the bottom of it again Thereโs a possibility of getting a Golden Cross if we stay within this channel - bullish signal ๐ However, if we break down 10.8-10.9k horizontal level, where EMA200 isโฆ
So, BTC is crashing, Golden Cross averted
Yesterday I mentioned, that to get the Golden Cross we needed to stay within the upward channel
๐ Next 4h candle the price broke down the channelโs support - first bearish sign๐ป
After that we got a perfect retest of the breakdown level, and then BTC took a nosedive as I expected ๐
Yesterday I mentioned, that to get the Golden Cross we needed to stay within the upward channel
๐ Next 4h candle the price broke down the channelโs support - first bearish sign๐ป
After that we got a perfect retest of the breakdown level, and then BTC took a nosedive as I expected ๐