Bitcoin Sets Up For Reversal In Days (Targets & Supports Levels)

The Bitcoin’ Bulls are setting up for a reversal according to several bullish signals coming on the 4h TF.
Please hit LIKE to start reading... Let's get to the signals:

• VOLUME. We can see green volume building up after the last strong drop on November 24th when Bitcoin broke down below $4030. Green volume is good for the bulls.
  
  
• BREAKOUK. EMA10 has been working as resistance for Bitcoin’ when it tries to move up. Each time Bitcoin’ tries to break this line it goes back down. Recently, Bitcoin’ broke above EMA10 with good strength, this is a bullish signal.
  
  
• HIGHER LOWS. We can spot higher lows being created on the 4h TF, now a higher high is needed for BTC to start hitting our targets.
  
  
• REVERSAL CANDLESTICKS. We have two green Dojis before the EMA10 breakout; these are reversal signals. The breakout after these dojis showed up, gives additional strength to this signal.
  
  
• NEXT RESISTANCE. $4035 Is the immediate resistance.
  
  
• THIS IS NO TRADE ADVICE. Please trade at your own risk. This is no trade advice, this information is shared exclusively for your own learning and entertainment... My trades are shared in my profile and all details always explained... Thanks a lot... Your support is truly appreciated.
  

If Bitcoin’ breaks and closes below $3455, all these signals would be invalidated. So if you are using this information to start a trade, $3455 should be your stop loss.

Here are the targets for BTCUSD’ for the coming days/next week:

• (1) $4200
  
• (2) $4700
  
• (3) $5000
  

Thanks a lot for reading.

I'll see you again... Soon.

Namaste.

Bình luận:

Indicators: EMA10 (green), EMA50 (magetina), EMA100 (blue) and EMA200 (orange). TD Sequential, volume, MACD and RSI.

Bình luận:

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Thanks again.

Namaste.

Bình luận:

(1) $4200 - Target hit 28-Nov. (+4.7%)
(2) $4700 - Next target
(3) $5000

Bình luận:

We had a good close on the daily candle, we can expect additional bullish action in the coming days.

Coinbase 4H TF:

Coinbase 1D TF:

BitFinex 4H TF:

BitFinex 1D TF:

Bình luận:

We are trading Metal (MTLBTC) on Bittrex and Binance, it is generating good profits.

Take a look here:

Bình luận:

Bitcoin is consolidating nicely and maintaining its price. Main resistance is now sitting at $4355, which is a Fib. level.

We just broke above EMA50 (magenta line) recently, with little strength, so this isn't much relevant. EMA10 is now working as main support. If Bitcoin can remain above this level, we can test the next resistance. If the above resistance is broken Bitcoin can be and test $4555 on the time frame below:

A fail to remain above EMA10 can take us to test the $3800-$4000 range.

We will continue tracking Bitcoin and see how it goes.

Thanks a lot for reading. Appreciate your support.

Namaste.

Bình luận:

BTCUSD is breaking support, EMA10 and EMA50, so we go and test our $3800-$4000 range as expected. We will wait for the 4h candle close: $3800-$4000 range.

We also have our green trendline as support as well. Allow time for the charts to develop.

Bình luận:

$3800 remains as support. If Bitcoin can break EMA10, it will go straight to EMA50 ($4150) and try and test $4330 again.

It can easily decide to go sideways for a few days...

Here is the chart:

Bình luận:

We just hit $4150 as mentioned in my last update, let's wait and test $4330 next:

Bình luận:

I will be posting my Bitcoin updates here: