1-BTC
Bitcoin - A New Cup and Handle Pattern Appears to be Forming!Quick update on Bitcoin. Our old Cup and Handle pattern has been completed and the target was reached. Now, it appears as though a new Cup and Handle pattern is forming. Let's take a look at the charts and find some good entry/re-entry areas.
Stew
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Still working this video thing out. Going to be using TV as a rough draft. So uploads on other places will have the corrections and will be cleaned and scrubbed.
Some Shorter term ideas to look for.
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BTC Detailed Top-Down Analysis - Day 125Hello TradingView Family / Fellow Traders. This is Richard Nasr, as known as theSignalyst.
125 out of 500 days done.
I truly appreciate your continuous support everyone!
Let me know if you like the series, and if you would like me to change or add anything.
Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck!.
All Strategies Are Good; If Managed Properly!
~Rich
Market Update 1/15/2023More or less things are still in limbo. There is a possibility that there would be a huge upswing if the vix can start this week under 17.83.
We will see if that happens.
At the end of the day the rise from Jan 1st was pretty easy to see and we are in the "take profit" zone. This never inherently means done be in or sell everything, but is better thought of (from a bullish possibility) as a wave 2 or wave 4 in Elliot wave terms.
I go over more specifics in the video. I am too lazy to put timestamps for this one, but I think its worth the watch or listening to at least. Not too much new if you have been watching the previous updates.
Bitcoin (BTC) • Wow here we go!Hi everyone. Thanks for your support and engagement in my last video (link below if you didn't check it).
I thank mods for the "Editors-Pick" selection.
So we break the 17.1 very fast toward the 20k target range. Next, up target site is between 23-25k. and possibly retrace here into that 19.4 region and another minor but more aggressive/less likely pullback target is also pointed out in the video.
Funding rates have risen very fast as bullish sentiment spreads across the board. that is why perhaps there is a good chance to see a small pullback to wash some overleveraged longs or get sideways to funding tax those positions every 8h.
Futures are all majority in contango (except Bitmex) and coinbase books show a wide range of liquidity available up to 40k (the roman pavement). In the video, I go through it near the end.
I also hypothesize about a possible macro bear scenario. Be aware that I have no clue what will happen. As discussed in the video I am not very convinced the bottom is in and we can indeed have a substantial rally here before more pain leads into next year.
As of now, my long-term opinion is irrelevant because technically speaking things are looking good for more upside.
Bitcoin Analysis 14.01.2023Hello Traders,
welcome to this free and educational analysis.
I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities.
If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below.
I will personally reply to every single comment!
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Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset: