Bitcoin moved as I expected in previous posts . The question here is whether the upward trend of Bitcoin continues or not!? I apologize for the that the chart is a bit busy. I think all was needed😊. 🌐 Breaking News : As I was writing this post, the breaking news was that Joe Biden withdrew from the US presidential election, which can shock financial...
Probability is the name of the game with any trading setup. Let me ask you this, If I made you a bet in which you think the probability that you'd win that bet is lower than your chances of winning, would you take that bet? If you answer yes, you are a gambler because that is exactly what gambling is. If you go to the casinos, you hear it all the time - your...
This crypto coin is forming a very interesting pattern, a falling flag. This pattern always has a very strong reversal, which means a bullish trend. A follow up analysis with a shorter entry timeframe will be shown.
Priceaction is now for the second time solidly back above the bull flag we had been consolidating inside for the past few months ever since hitting the newest ath. It has also gone up to complete the left shoulder of an inverse head and shoulders pattern that is also overlapping the bull flag. We have yet to take price action above that neckline but by the prices...
I believe considering MCAP this must be true How long til new ath BTC? cant be much longer now. Sentiment wise, its strangely quiet.. Quiet before the storm
Last weeks high: $68,476.68 Last weeks low: $60,656.67 Midpoint: 64,566.67 On my last weekly outlook I commented on the nature of the weeks rally and how it began at weekly low and finished the week at weekly high. The same thing happened almost identically this time with a weekly low of just above $60,000 rallying +13% to reach just shy of the '21 ATH at...
Robust Method (Understanding computational problems that appear intractable): If A, then B (if A is true, then B must be true) otherwise , there is no reason to panic.
BINANCE:BTCUSDT Bitcoin is in a cup and handle on the daily time frame, this means that the price can have a good rally after the break. ✨Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad. _ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and...
An inverse head and shoulders is a chart pattern used in technical analysis to identify potential bullish reversals in a downtrend. It consists of three parts: two shoulders and a head in between them. Here’s how you can trade the inverse head and shoulders pattern: ### Identification 1. **Left Shoulder**: The price declines to a new low, then rises. 2....
hello guys. let's start to analyze Bitcoin! Double Top Formation: The chart clearly indicates a double-top pattern, which is a bearish reversal pattern. This suggests that the price might face downward pressure in the short term. Support and Resistance Levels: Resistance: The price faced resistance around the 68,000 USDT mark and failed to break through,...
Bitcoin Daily Chart Analysis: Bitcoin recently found strong demand near the crucial $53,000 support zone, which prompted an impulsive bullish rally. After breaking above the 100-day MA, Bitcoin experienced a corrective retracement. This pullback validated the breakout as the price fell back to the 100-day MA level and found support. Rebound: Bitcoin has faced...
👉🔍We can observe that Bitcoin (BTC) has been in a bullish trend recently and has retraced to a key support level. In the video, we discuss market structure, price action, and the trend. I'm expecting to see a potential reaction and an opportunity to go long if the price action unfolds as described in the video. As always, this is for educational purposes only and...
BTC is trickling with Tech company misses causing a risk off mood in markets. Removal of risky assets, like bitcoin, causes falls in the asset. This goes inline with recent trends, and can be used on a probability basis.
Hello everyone, In this video I talk about what is going to happen with BTC next week and in the following months/years. Enjoy the video and let me know your thoughts. Seb.
A bit premature to publish it already because 1d16h till weekly candle close but the general idea should stay the same (unless some crazy apeish price action happens).
I am not a financial advisor. This is not meant to be and does not constitute financial, investment, trading, or any other types of advice or recommendation.
In the monthly time frame, Bitcoin looks bullish. The price of BTC is consolidating between the resistance zone (Blue) at $71,225.18 - $73,849.29 and the support zone (Green) at $58,694.30 - $60,594.35 for the last 5 months. If you look at the chart, the price of BTC did not close under the support zone (Green) not a single time. On the chart, a bull flag pattern...
I think this is the same as 2020 Bitcoin rally in August to December 2020 then the start of the Altcoin season.