Bitcoin (BTC): Back at 100&200 EMA Zone | Important Area

4月14日

Bitcoin is back at a branch of EMAs where we are now looking for the price action and how the market price will reach this zone.

Now, in previous times, we have seen a good rejection that has sent prices back to lower zones so that's what we are expecting to see once again.

Once we see a weakness near the EMAs, we are going to aim for a major support zone on bigger timeframes.

Swallow Academy

4月15日

註釋

The price of Bitcoin has broken the 200EMA line, where we are now monitoring for more confirmations.

As recently we've been seeing multiple fakeouts in both ways, we might form a similar fakeout near the current market price, which might then send the price back to lower zones, but if we see a BOS forming, then we might go for a smaller upward movement here...we wait.

4月16日

註釋

Bitcoin had a nice rejection yesterday where we failed to form the BOS and break above the local highs, which resulted in a fakeout above the 200EMA and the price falling below that line.

As we see the demand in downward movement, we are keeping our sell target active as long as we are again below the local highs (at $85,750).

Markets sell exhausted, economy doomed....Be sure to have a tight stop-loss and small leverage on any position you would want to open. We expect to see a big liquidation hunting to happen soon thanks to the #China and #USA tariff war.

4月17日

註釋

Buyers are failing to hold the zone above the 200EMA on Bitcoin, where we are seeing a possible sharp sell-off happen very soon.

We saw some decent upward moves on smaller timeframes for the past few days, but those were nothing but liquidation hunts, and in such a scenario (especially near 200EMA), we usually see a strong sell-off to happen and that's what we are waiting for here.

4月18日

註釋

Buyers struggle to hold bitcoin's 200EMA line on the 4-hour timeframe, where we see the price hovering slightly above that line, but bears are keeping the price close to the line, showing that they are still holding some kind of dominance near this region.

The longer we see the fight, the more confident we are getting in the possible breakdown of that 200EMA to happen, which will give us a great shorting opportunity!

Once we see the breakdown of that EMA, we are going to aim for the target to be reached or at least some sort of liquidation hunting to happen in lower zones.