so price rebounded from $10.513 and went up to the resistance zone againa ($11.063), i believe this zone will no be broken yet, if you want to be safe $10.950/ $11k is a good sell are, wait for 2 things either break above $11.200 and buy the retest or re buy at $10.400/$10.500 stop los $10.180

5 min chart shows another re visit to $11.000/$11.060 before retracing.

(Not a buy signal)

btc reached $11.060 I still expect another retracement before breaking out, $10.400/$10.500, the $11.100 resistance hasn't been broken yet, so not good to buy now, wait for retracement, if something changes I will update

Now, taking a look to a 3d chart, I'm updating the final sell zone according to he diagonal line that comes from the two previous tops. My max target is the $11.800/$12.300 area. like I said before, above $12.300 with a 4 h candle close I will switch to bullish, but for now I will remain with my old bearish analysis waiting for a bigger drop to around $7.8/8k (after reaching $11.8/$12.3k)

btc broke resistance $11.100 now became support, New stop loss $10.900 buy zone $11.200/$11300. target $11.800/12.300

Btc reaching the top of the downward channel trendline with bearish div on the hourly chart ($12.150) on a bitfinex chart. expecting a -5%/6% quick drop to $11.300/$11.400

max target reached, I said that i won't be bullish anymore once this target was reached, so from now one have to be carefull using stop loss when rebuying cus the risk of going down is much higher in my opinion, also shorters at $12.300 good to have stop loss at entry in case of a surprise breakout to the upside.

So for now I will just watch and don't send any signal until is clear, possible retest $10.950/$11.200 but I need to see how fast it drops and how the indicators looks like, trading at this range just favor just sellers not buyers, for now my btc target will remain around $7800 until the markets proof I'm wrong

This process can take 1 month, to me this a Bear zone already and Bull impatien traders will have a hard time catching dead cat bounces and hitting stop losses every time. Once it breaks $10.900 is going to accelerate down. I will cancel this idea and Re analyze it if Btc makes it above $12.400. otherwise I'm bearish until $7400/$7800

Eos/usd as well other altcoins are showing Hidden bear divergences on a daily chart, This aligns with my Bearish view on btc. Eos current price $4.31 expecting a drop to $3.61 it could rebound from that level or drop little more to $2.98, those looks like good investment levels. By the Way I do expect altcoins to rally more than Bitcoin after bitcoin finished its move down.

Hi guys, hidden bull divergence on btc, it looks like wants to breakout, but for confirmations it needs to clear up the $12.350/12.400 level, so if it breaks this level should easily reach $12.700/13.000, after that it should retrace back to $12.300/$12400 and use it as support looking for further advance. If looking to go long with margin after the breakout of $12.400 be careful this looks like one of this moments where everyone is bullish that whales throw big sales at the retest to hunt stop losses and liquidations before going higher, as you now this is an unregulated enviroment and there is to much manipulation, that retest could be a hard one. I will send an image to explain