Btc update: bounce from $10.600 only reached $10.680 not good, right now showing potencial more downside to $10.200/$10.270 before a bounce

Best buy zone when it reaches support closer to the 200 daily ma, seems like that will be in September, for now the price action is neutral-bearish and will eventually turn more bearish.

Neutral-bearish means the price is trending down slowly and will eventually gain downward, it does not favor Bitcoin longs at all, bounces are weak, despite we could still see quick up moves to $10.900 they are just corecctions and that doesn't mean something has changed.

Last signal I will send, weekly chart: the 20 ema is at $8700/$8900, look how it acted as support in the previous bull run, check the Rsi almost reaching support, so final correction very very likely to be at $8700/$8900 good buy zone for long term.

My friends Ryan and (Alex) have a nice channel, they share good bitcoin and altcoins signals, here is the link of the channel @ryanscharts

massive bull flag on weekly, support $8900/$9000 (buy zone) resistance $11.700, once it breaks $11.700 and close a weekly candle over it the target will be $19.900 this can take a few weeks.

xrp/usd had a fakeout below $0.283 (200 weekly) but managed to recover before the weekly close and had a great bullish close, target $0.52 and $0.89/$0.92 this coin is showing to be much more bullish than bitcoin according to the xrp/btc ratio.

Still waiting for this buy zone to be hit

Btc is been holding well and showing a weekly hidden bull divergence, the 20 ema (support) is located at $9160, the value is little different depending on the exchange, I would say the buy zone is $9160/$9300 this week, and it can be a very fast wick then back up.

Btc getting close to the buying zone, I also checked some altcoins/usd and they are forming some bull Divergences on a daily scale, so looks like the whole market will rebound when btc reaches the 9k support.

Waiting for the Rsi to hit the support line on a weekly scale. Also check the green arrows and see how the price went little below the yellow line (20 ema) but the body of the candle closed above the yelow line, in the current scenario this translate to a possible quick drop to $8200/$8400 but the body of the candle should close above the yellow line ($9062). In other words the technical weekly support and buy zone is the $9000/$9100 zone but since this market is to volatile it could spike down little lower and quickly come back up before the weekly closes, meaning that my bullish view will only be invalidated if the weekly closes below the 20 ema.

Falling wedge structure on btc, Buy zone still the same area depending on your exchange, $9100/$9300 and target $11.180. But I still believe it will do one more retest of the buy zone before going to the target, if I'm wrong, the breakout point is above $10.100 target its the same $11.180

Just broke up the breakout level $10.100 meaning that I now expect $11.180 in the upcoming days

first short term target (intraday) $10.200 and swing target (will take many days) still $11.180