Tag: bitcoin
Bitcoin: ⬇️ Sell – Bitcoin reversed from the strong resistance 122770.00 – Likely to fall to support level 115000.00 Bitcoin today recently reversed down with the Bearish Engulfing from the strong resistance level 122770.00 (which stopped the previous minor impulse wave 1 at the start of July). The resistance zone near the resistance level of […]
Bitcoin: ⬇️ Sell – Bitcoin broke the pivotal support level 115000.00 – Likely to fall to support level 110000.00 Bitcoin cryptocurrency recently broke below the pivotal support level 115000.00, coinciding with the 50% Fibonacci correction of the sharp upward impulse from the start of July. The breakout of the support level 115000.00 strengthened the bearish […]
Bitcoin: ⬆️ Buy – Bitcoin reversed from support level 116065.00 – Likely to rise to resistance level 122775.00 Bitcoin cryptocurrency recently reversed up from the key support level 116065.00, which also stopped the earlier minor correction 2 at the start of June. The support level 116065.00 was further strengthened by the support trendline of the daily up […]
Bitcoin: ⬆️ Buy – Bitcoin reversed from a support area – Likely to rise to resistance level 122770.00 Bitcoin cryptocurrency recently reversed up from the support area located between the key support level 115000.00 and the support trendline of the daily up channel from June. This support area was further strengthened by the 38.2% Fibonacci […]
Bitcoin: ⬆️ Buy – Bitcoin broke round resistance level 110000.00 – Likely to rise to resistance level 115000.00 Bitcoin cryptocurrency recently broke the round resistance level 110000.00 (which stopped multiple upward impulse waves from the start of this year). The breakout of the resistance level 110000.00 should strengthen the bullish pressure on Bitcoin in the coming trading […]
Bitcoin: ⬇️ Sell – Bitcoin reversed from long-term resistance level 110000.00 – Likely to fall to support level 105000.00 Bitcoin cryptocurrency recently reversed down from the major long-term resistance level 110000.00 (which has been steadily reversing the price from the start of this year, as can be seen below) – intersecting with the upper daily […]
Bitcoin: ⬆️ Buy – Bitcoin reversed from round support level 100,000 – Likely to rise to resistance level 105,000 Bitcoin cryptocurrency recently reversed from the support area between the round support level 100,000, the lower daily Bollinger Band and the 38.2% Fibonacci correction of the upward impulse from April. This support area was further strengthened […]
Bitcoin: ⬆️ Buy – Bitcoin broke daily down channel – Likely to rise to resistance level 110,000.00 Bitcoin cryptocurrency recently broke the resistance trendline of the daily down channel from May (which encloses the previous ABC correction 2 from the end of May). The breakout of this down channel accelerated the active minor impulse wave […]
Bitcoin: ⬇️ Sell – Bitcoin broke support zone – Likely to fall to support level 98,000.00 Bitcoin cryptocurrency recently broke the support zone located between the key support level 102150.00 (which reversed the price multiple times from the start of May) and the 50% Fibonacci correction of the upward impulse from last month. The breakout of […]
Bitcoin: ⬇️ Sell – Bitcoin broke daily up channel – Likely to fall to support level 105,000.00 Bitcoin cryptocurrency recently broke the support trendline of the sharp daily up channel from the start of April intersecting with the 50% Fibonacci correction of the upward impulse from the middle of May. The breakout of this up […]