RG Analitics π’ [PRIVATE CHANNELπ]
#Bitcoin started ranging just above the major support level, price barely printed a new LL on Hourly TF. Price looks too much corrective while going down. Still, eyes on $21,070 - $21,300. Anticipating a reversal from there and in case of break, bearish trendβ¦
RG Analitics π’ [PRIVATE CHANNELπ]
We already updated on Weekly TF for #Bitcoin and LTF looking similar now. Price already entered the major resistance zone and kinda volume is been exhausted. Retracement might come from here back till $28,600 and $28,900.
#BTC stayed inside the the major resistance area, making small moves down. Price did tried to breakout of the zone of with the #CPI news, eventually Rejected. Currently, nothing to do here about, until price decides to breakout of the major level or if price breaks below $29,600 then we've clean candles to move lower.
RG Analitics π’ [PRIVATE CHANNELπ]
#Bitcoin continues to drop as to expected are and even go further below it. This crash was lead by #Bittrex Bankruptcy news, and currently, price tapped below to the rejection area and reacted over it. Bullish volume is drying, so an another leg down is expectedβ¦
RG Analitics π’ [PRIVATE CHANNELπ]
#BTC still moving inside that area and kinda resistance zone standing strong around $26,000. Price is very corrective in nature, so continuous rejection is still expected. A breakout of $26,000 or $25,500 is need to see any Impulse move.
BREAKING πΊπΈ US #CPI data:
CPI YoY: 3.7% , higher than expectations
Forecasted 3.6%
π GURU-Investor - ΠΏΠΎΠ΄ΠΏΠΈΡΠ°ΡΡΡΡ @guru_investor_com
CPI YoY: 3.7% , higher than expectations
Forecasted 3.6%
π GURU-Investor - ΠΏΠΎΠ΄ΠΏΠΈΡΠ°ΡΡΡΡ @guru_investor_com
RG Analitics π’ [PRIVATE CHANNELπ]
#BTC started facing resistance near $50,000 physiological level and made a ting range over there. Price is expected a retest back into some sort of support zone $48,500 and lower. Looking into the Daily TF, price already at a resistance point, so wait forβ¦
#BTC made its break of the range and made it retest back to the mentioned area at minor support around $48,500. Price dropped due to #CPI data release, now it made a bounce from the trendline line still maintaining the Bullish Structure. Expected a new high to print as no clear indication for a down-move.
RG Analitics π’ [PRIVATE CHANNELπ]
#BTC made a break below of the zone as the strong rejections. The break was due to #grayscale inflow, and currently it retesting the zone as resistance. Now, it a bit confusing point, so better wait for the clarity from the market.