For the short term, if it stays above the 16.700, than everything is still for the small time frame. Below this level is bigger drop is possible.
For the longer time frame, 16.200 is important now, it should not make a lower low, preferably staying above 16.500. A could form if it does not stay above these levels. For more info, check my previous chart together with all the updates and views.
It is dropping more as i am writing this, making attempts to get higher but failing, there is no real buying support at the moment. I will probably go long somewhere between 16.400/16.600
What a joke, if this is not manipulation than i dont know what is. Who buys 300 btc at once, and does not know what he is doing. goes up 200 points and than within 5 minutes it just drops again
flag, H&S, and double bottom set
Lets see if it has the strenght now. I want to say this time it's 90% sure, but i dont want to make that statement now LOL. The bounce is much bigger this time from the lows. I do however think a drop to 14.100ish is still possible, but lets see if it can break through the 15K
This is my guess will happen the coming day, but it's risky while there is a lot of price steering
I am going short now at 15.200, first small position
Everything below the red area now, we will see 12K or even lower today
possible small bounce up now
Just seems like many people want to get out of BTC
This flag is looking very bad! 80% chance we will see another big drop, unless some very big support comes
Target looks like 13.000ish
In my EURUSD long term chart, where i predict an US economic downfall (maybe crisis) in the next year or 2. I also made the statement, that the Cryto world collapse will get the blame for the coming economic decline (crisis)!
I am glad i was out today so i didnt trade on that flag, I did however missed most of this big drop also. But i did make this homerun in 10 minutes, almost 700 points.
There is still no bounce up, chances are increasing it will drop some more!
A drop below 13K will trigger 12.200 target, lets see if it stays under the neckline
They are supporting it, trying to push it above the neckline again, lets see how much selling pressure there is!
Last chance, this should accelerate now, I have lowered my stop to around 13.250, ensuring a nice profit
It did drop out of that smaller time frame upwards trendline, It could still drop, but the retrace was 120 points above the breakout price of that trend line. If it would be really weak, the retrace would be much less,about 14.200. I have seen this kind of set ups before, showing some bearish signs, but still go up.