"DISCLAIMER!! This is a 'worst-case' scenario/theory which is still bullish. Bitcoin also has a "monthly bearish-divergence on monthly, which would be the first time this has printed on the Bitcoin: INDEX chart. Also there are other variables such as black-swans/wars, CME-GAP, Declining volume on this whole 'rally' up. Also the first time Bitcoin has made a new...
Ladies and gentlemen, let's talk about the heartbeat of the digital era - Bitcoin. Bitcoin isn't just a currency; it's a symbol of empowerment, decentralization, and financial freedom. Now, some may see recent drops in its value as a cause for concern, but I see it as an opportunity—a chance to strengthen and fortify the foundation of this revolutionary...
Make it or break it moment is right here. 40k+ breaks channel or 9k if failure here. Just like the old-school game of pong, once that ball bounces at the top and doesn't break whatever it touched, it goes in the other direction. Bitcoin doesn't break up here, it breaks down to Goblin-town aka bottom of channel in blue.
Blueprint of Bitcoin on Daily. Markets are going to have their liquidity drained from the markets. I will assume Bitcoin will follow the stock market. For now the trend is down. Bitcoin got rejection off of the 50 Daily MA a few days ago, and a 13-Count sell signal as well with a 9-Count on the 4Hour that same day. (5/31-6/01) Bitcoin got broken down from a...
My latest creation, The Ghost of 69k' Goblin Town Roller-Coaster Enjoy this chart art fun creation of thrill and adventure full of deja vu at every turn! Targets to 9k. #NFA
Stop loss 9014, 9500 area long target 9k short entry if need be.
drink from it welcome to the future
Hi people, as seen in my last chart i had a target from 9150-9500, i want to say that the current targets on this will be 9070-9500 . Bitcoin had a great move upwards and now we are facing the 200 daily EMA which is at 9070. As seen on the chart i believe bitcoin is in a rising wedge and it is a bearish pattern. the 4hr stochastic is currently holding the...
As we can see, bitcoin is still bouncing inside this giant triangle with a lot of movement inside. I think that right now there is a big possibility for bitcoin to go down and test the 9K level in order to bounce and continue the re accumulation phase until the last months of 2019.
From 11k to 9k and vice versa. Flat until one of these boundaries is violated. Long term bearish, prabola's violation still intact
Not much to update from a few days ago. We continue to battle within the $11,100 and $9000 range. This is essentially a weekly bar we are within and with this weeks candlestick about to close in a few hours, thought I'd update a weekly chart. Bears may seek to push price down and get a bearish weekly inside bar close and hope for continuation with the new weekly...
Technical pattern on the Monthly chart.
Hey guys , while Btc is trying to get back into the larger trend, so far Btc is facing resistance at 200 ma which is a physiological price level as well '10k' ,for a bullish scenario we need to break high with great force above 200 ma , test the trend line for support and reach 11330 target ,but we are loosing positive momentum on the daily ,and the daily Rsi...
OK people, I've decided to lay down many possible scenarios. Let me summarize, don't have much time! BLUE WAVE: Assumes we completed a running flat correction to 6.5k, and now we are in an ABC correction up, or possibly an impulse. Based on the consensus of some traders I respect, it's possible we form a double top (9.7k or maybe go to 10.2kish) before we go back...
Here we have it guys, as predicted, we have touched that important green trend line (within a few $). So it's D Day, kind of. Remember, if you're a whale and want to short ... what's the best option now? Probably a fake bull over that line by a few $100, get everyone long, and then short it to pieces. The squeeze will liquidate many and send it back to the...
Hello everyone, Short term fractal experiment getting us back to 9.2k Greetings, Vincent