Support and resistance lines (dotted) and order block for #BTC for the next day or so. I'm expecting a bit of sideways action before we move down to retesting the 18600 order block. But stay more news dependent than technical dependent of the time being
#crypto#nft@TKralow
This week will be very important for us all:
#Bitcoin approaching major resistance which crosses on exact day as US CPI news. It is a make or break moment. major volatility ahead. get ready traders.
#cryptocurrency#altcoins#nft#crypto
Update : we bounced right off the yellow wedge. Possible upside as far as technicals say. We need a perfect flip to resistance below this yellow line to go further down.
#bitcoin#cryptocurrency#altcoin#Etherum#Crypto
Update: we have broken out of the initial wedge with good volatility but we are now in a bigger wedge with the channel bottom. Once we flip this into resistance we can see further downside and vice versa.
#Crypto#bitcoin#nft#cryptoart#BitcoinCrash#altcoin
Hello guys, just posting a short term update here on 1hr. We maybe heading into the wedge. And trying to decide whether we go up into the channel or go down again.
I made this yesterday and it seems like the trading setup is still working. At every intersection there is a chance we can break out.
My bet is we see more volatility when it touches the red line again.
Follow for more.
#bitcoin#Crypto#altcoins#nft
A bear flag with the 11 year support, now turned into resistance!?. We failed to break above the year long resistance. #bearish times ahead, if things don't turn around.
#Bitcoin#altcoins#Crypto
There is #OPEC meeting with russia for oil related talks. A possible supply cut will push pce to highs (inflation 🔼)which will trickle down into the rest of the market making it go down.
#bitcoin#Crypto#bearish
After my post about reclaiming the 11yr long support I had identified a possible bear flag forming just under the dotted support line. Until we break past I'm keeping away from some trades.
#bitcoin#Crypto#MONEY
year long resistance will be crossed after 20200-20300 usd per #BTC
11 year long support will be reclaimed after 20600-20800 usd per #BTC
daily and weekly closes are solid confirmation but traders can make use of 4hr closes too.
#cryptocrash#crypto
We are just a couple of hundred dollars away from touching the major resistance.
#bitcoin#crypto a double bottom seems probable if we cross the yellow line
Bullish bullish