BTC may still drive higher in the mean time, but either way, a swift backtest is coming. 4. 1. Bitcoin 4hr analysis 12/22/ BTCUSDT, HeisenbergBTC. Good morning again ladies and gentlemen . ENG/BTC -After a strong pump last few days ago -The price started rolling back by % its value -If you are looking for a good risk to reward bounce play trade sat region is perfect for potential . BTCUSD There was a lot of bad news yesterday, things started to fall. The main part was sold, a good fall is expected, many opened short. It is not yet profitable for big players to see BTC go down. In the .
Tradingview eng btcENGBTC Charts and Quotes — TradingView
This is for educational and entertainment purposes only. I am not responsible for the profits or loss generated from your investments. Trade and invest at your own risk. Weekly Chart Analysis - Taking a look Hello, dear subscribers! It is broadly known, that the Ripple has very negative fundamental analysis according to the last news. The price immediately reacted with a huge dump. On the right chart we can see two global support lines. The price have already broken down the support 1 level but It does appear that BTC might be forming a Bull Flag, with that said it could also just be a neutral wedge.
This is not financial advice. Trading suggestion:. There is a possibility of temporary retracement to suggested support line Technical analysis:. Stoploss H4. Maybe while there is not a creature stirring, but Bitcoin! Predictions and analysis. Entered back into support. White is targets. So, if you have not bought yet, may you get some. Good luck out there! But there is an another important level on according to Istanbul indicator.
Open position if price closes above these levels on 4h chart. Target is on 1h chart according to Istanbul indicator. The above references an opinion and is for information purposes only.
It is not intended to be investment advice. Bias is , and is alright for a target. All points are clear in the picture BTC has set a lower support level, or has just dropped into a lower range. For now is supporting the top of the range but we'll have to watch over the weekend to see which direction this goes. Consolidation at this new level? Seems that everyone believes in equities at the moment. Watching for a break out. We seemed to inch up just over the range we've been consolidating in and have 'just' peeked over the range we've been consolidating in.
Will this hold? Or will we fall back into the range as we have previously? Seems gold is shinier than bitcoin right now. The momentum seems to be weak here as we consolidate in this channel. Do we break out above from here or test the support level below again? Or will we hang out until everyone gives up, break out above and then trigger FOMO buying?