back to life( BTC analyze )Think positively
Consider the black line as the largest and most reliable uptrend line in Bitcoin
And the red line as the most reliable downtrend line of Bitcoin
The blue range is the most important demand range. I expect the price to go up and down a bit in this range
In the worst case, after 22% decline, we hit the black line, and in the continuation of the movement, we can break the red trend line and enter the bull market (real failure).
We may even come a little lower than the black line (just a shadow), but if the candle closes below the black line...
Everything is clear, Bitcoin analysis is completely clear.
The black line must be touched at any price, close your short trades when the black line is touched. At the time of encounter, we can decide on the continuation of the process.
And what is your opinion?
Bitcoin-btcusd-btc
Bitcoin losing the golden trendline support 🚨🚨🚨Bitcoin losing the golden trendline support 🚨🚨🚨
This trendline has a huge importance in BTC history
Let's all hope for a fakeout and recovery dear Crypto Nation 😎
But if not... we stay level headed and recapture this trendline again
COMMENTS & FOLLOW appreciated 🤗
*not financial advice
do your own research before investing
Bitcoin short-term view - $18,000 possible next targetBitcoin short-term view - $18,000 possible next target
(a) BTC at price action support $18,750
(b) a second leg down to $18,000 likely IMO
A bullish divergence might occur before we see a recovery dear Crypto Nation
*not financial advice
do your own research before investing
BITCOIN 1W Chaikin and Stoch show we are entering the new BullThis is a Bitcoin (BTCUSD) analysis on the 1W time-frame using the Chaikin Oscillator and the Stochastic. It is not common to see those two indicators, especially on such an asset, but despite being overlooked, they offer an excellent explanation of where the price is trading relative to its previous Cycles.
** The Chaikin Oscillator **
The Chaikin Osc, which is displayed by the red histogram has been mostly trading below the 100.00 level since the start of the year (Jan 2022). We saw the same trading pattern during the late 2014/ early 2015 Cycle bottom formation and to a shorter extent during the November 2018 - March 2019 Cycle bottom formation. Observe how symmetrical the peaks (which made Lower Highs during the Bear Cycle) of the Chaikin are.
** The Stochastic **
Now take a look at the Stoch, which also forms Lower Highs during Bitcoin's Bear Cycles, a pattern that is again consistent throughout the current Cycle. At the same time, there is a noticeable Support Zone. At the end of that zone, after the last Lower Highs, the Stoch prints a Higher Lows formation, quite volatile, which then aggressively breaks to the upside the breaks the 80.00 level. It appears that BTC is currently at this exact stage.
Every such Chaikin - Stoch combo in the past Cycles has always come after the Bottom and indicated that BTC was at the start of the recovery Channel (green), which slowly but methodically led the price to the previous All Time High that gave way to the Parabolic Rally that eventually ended the Cycle with the new High.
Do you agree with the above evidence. Has BTC entered the Bull Channel or we haven't seen the Bottom yet? Feel free to share your work and let me know in the comments section below!
P.S. Because the chart having the Chaikin Osc plotted together with the BTC candles, it is not constant and may appear distorted based on your screen's/ browser dimensions. The original looks like this below, so if yours doesn't, adjust the vertical/ horizontal axis in order to make it look like this and better understand what is illustrated:
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Bitcoin BTC - When will we see the next Fisher break 🟢❓Bitcoin - When will we see the next Fisher break 🟢❓
March 2015 and 2019 those breaks led to a huge bull run dear BTC and Crypto Nation 🚨🚨🚨
Give me your guess of timing 🧮
COMMENTS & FOLLOW appreciated 🤗
*not financial advice
do your own research before investing
Bitcoin - where is the bounce?Hello, dear friends!
Bitcoin today showed the new leg down and now we have the question, where is the anticipated pump? I still think that the bull trap pump is probable. Moreover I also told in this video about the insane global long trade which is imminent, but only after final dump. Enjoy the video!
Best regards, Ivan!
Look at these KST cross❌below 0 in the past for Bitcoin 🚨🚨🚨Wow ‼️
Look at these KST cross❌below 0 in the past for Bitcoin 🚨🚨🚨
Except one bad signal October 2018 we had six beautiful buy signal for BTC with great gains followed
Crypto Nation - last week KST crossed❌again
Comment & FOLLOW appreciated
*not financial advice
do your own research before investing
Bitcoin to $30,000 or $10,000Here we have Bitcoin on the weekly chart. As price makes its way up and down the chart it stops at $30000, $20,000, & $10,000.
Bitcoin is also in what looks like a premature bearish pattern. There are multiple trend lines that point to the same price point giving it some extra strength.
If price breaks pattern soon then we could see $30,000.
If not, then we could see $10,000.
BITCOIN Bottom completed. Bull Flag about to start the 30k rallyBitcoin (BTCUSD) is having a red week so far (1W time-frame) following last week's rebound. The worse than expected CPI is leading this pull-back fundamentally. Technically though, the price remains both above the Support provided by the 1W MA300 (red trend-line) and the Channel Down that started after the mid-August High. As long as no further Low is made, this Channel can be technically considered a Bull Flag, and is consistent with both prior Cycle bottom sequences.
** Past Cycles bottom formation **
As you see on this chart, the pattern that emerged after each prior Cycle bottom, was this Bull Flag. The price basically started to break above the Flag when a 1W MA50/ 1W MA100 Bearish Cross (1W MA50 in the blue trend-line crossing below the 1W MA100 in the green trend-line). Once the 1W MA50 break, the price never looked back and the parabolic rally of the new Bull Cycle took off.
The 1D MA200 (black trend-line) is the first level of Resistance on the medium-term and is currently around 29800. The importance of this is high because on those past Cycles, every time the 1D MA200 crossed below the 1W MA100 to form a Bearish Cross, the Cycle's Bottom was priced.
** The Fibonacci levels as Targets **
Back to the 1W MA50, once it broke, the price reached the 0.5 Fibonacci retracement level, which was just above the 1W MA100, very quickly in fact in a matter of 3 weeks. The next Target on the medium-term (and Resistance) for both prior Cycles, was the 0.786 Fibonacci. In 2016 it was hit in 32 weeks after the 0.5 while in 2019 in just 6 (but that was a rapid growth based on, among others, the Libra fundamentals).
** What's next? **
All the above suggest that if the same cyclical pattern continues to play out, Bitcoin should complete the Bull Flag now and start rising as the 1W MA50/100 Bearish Cross has been formed. A realistic technically target towards the end of the year would be the 0.5 Fib at $33900, where by that time it can make contact with the 1W MA50 potentially. We can then expect a 0.786 Fib test at just above $49000 by Q2 2023. All this calculated as the average projection of the past 2 Cycles.
Do you agree that this Bull Flag, following the MA50/100 Cross is about to start a rally to test the August High and then $33900 before the year is over? Feel free to share your work and let me know in the comments section below!
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Bitcoin - Next cross ❌on Cycle Channel Oscillator in 2 weeks ⁉️Bitcoin - Next cross ❌on Cycle Channel Oscillator in 2 weeks ⁉️🚨
If so... the chance for following gains are good looking at the quite similar cross in 2019
Let me know your thoughts dear BTC and Crypto Nation 😎
Comments & FOLLOW appreciated 🤗
*not financial advice
do your own research before investing
btceur bull market till May 2022 at 15000 on 10 week cyclesIf bitcoin will not break 65000 €uro ca $75000 in December then we are in bull market and following 5 cycles in 10 week periods till May 2022 will be selling cycles,
Price will slowly fall up to 15000.
Green arrows are the cycles when buying is profitable (except the unpredictable fluctuation in March 2021 the COVID panic month).
Red are the 10 week periods when selling shorting is profitable
Whole is n big parallel channel
Bitcoin short-term view - some recovery soonBitcoin short-term view - some recovery soon
(a) BTC with a perfect touch of December 2017 ATH at $19,892 - predicted yesterday
(b) a second leg down to $19,450 with a bullish divergence on RSI would not surprise me at all
After that I assume we will see a slight recovery dear Crypto Nation
*not financial advice
do your own research before investing
Bitcoin - OBV touchpoint timing scenario ⭐️Bitcoin
OBV touchpoint timing scenario ⭐️
Counting the days from OBV touchpoint to the OBV bottom...
...we find each 127 bars on the 2-day chart
Transferring the 186 bars from OBV touchpoint to OBV breakout...
...October might get Pumptober
Comment & FOLLOW appreciated
*not financial advice
do your own research before investing
Bitcoin short-term view - BTC with CPI reactionBitcoin short-term view - BTC with CPI reaction - but that is the case for global markets
(a) before CPI announcement BTC already showed a bearish divergence on RSI - RSI now oversold
(b) Price at volume support $21,000
(c) more correction to FIB golden pocket would still be okay dear Crypto Nation
*not financial advice
do your own research before investing
BITCOIN The 3D cheat-sheet approaching a major Bull break-out!This is an analysis of Bitcoin (BTCUSD) on the alternative but highly informative 3D time-frame where we can claim that its cyclical behavior is most accurately displayed. As always, the MA50 is shown with the blue trend-line, while the MA200 with the orange trend-line).
** Bear Cycles & the Death Cross **
First let's start with the Bear Cycles. As you see, when the 3D MA50 crosses below the 3D MA200 and forms the popular Death Cross pattern, the market tends to give the last warning of a huge sell-off. On all Cycles, that was the last drop before the Cycle forms its market bottom.
** Accumulation and MA50 break-out **
Then on a Higher Lows trend-line as Support and the MA50 as Resistance, the market enters its Accumulation Phase (blue Triangle pattern), until the MA50 breaks and it officially starts rising on the new Bull Cycle. At the moment, with the MA50 at 25500 and declining rapidly, BTC is at the closest it has been to it since May 04. On top of that, the 3D RSI just broke above its Bear Cycle Lower Highs trend-line, just like it did on January 04 2019.
** Parabolic Rally above the MA200 **
So what now? Well if the price breaks above the MA50, chances are that Bitcoin will start rising (not necessarily as aggressively as in April - June 2019, which was based on outside factors as well), assuming that the macro-economic conditions don't get worse. Then, a new break above the 3D MA200 will most likely place BTC on the infamous Parabolic Rally course of the Bull Cycle. Notice how in the previous two Cycles, when the price broke above the MA200 and the Golden Cross was formed (MA50 crossing over MA200), the price used the MA200 as the Support of the Parabolic Rally (excluding of course the COVID crash in March 2020, which is a once in a life-time event).
So what do you think about those 3D patterns and conditions? Does it offer a comprehensive road-map of this new Cycle and if yes, are you expecting a strong rally when the MA50 breaks? Feel free to share your work and let me know in the comments section below!
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BITCOIN Might Pump on Eased Inflation (CPI)CPI is out in a few hours and an eased inflation is expected.
A good indication is this:
Federal Reserve Bank of New York, Center for Microeconomic Data :
Inflation Expectations Continue Decline at the Short-, Medium-, and Long-Term Horizons
Median one- and three-year-ahead inflation expectations both posted steep declines in August, from 6.2 percent and 3.2 percent in July to 5.7 percent and 2.8 percent, respectively. Median five-year-ahead inflation expectations, which have been elicited in the monthly SCE core survey on an ad-hoc basis since the beginning of this year and were first published in July, also declined to 2.0 percent from 2.3 percent. Expectations about year-ahead price increases for gas also continued to decline, with households now expecting gas prices to be roughly unchanged a year from now.
Note: The newly released series for median five-year-ahead inflation expectations is now included as the last tab in the “Chart Data” Excel file provided under the downloads drop-down menu.
For more details:
Press Release: Inflation and Home Price Expectations Decline Further
HOW ABOUT NEGATIVE INFLATION?
Well there needs to be balance. A slightly eased inflation is good news, a more than anticipated eased inflation is a great news but a VERY decreased inflation is the worst kind of news as it could signify Recession.
So, let's be careful as always , personally I am bullish to 23200 (resistance) and if price can break back into the channel then 25200.
Check my chart for all key levels.
One Love,
The FXPROFESSOR
Bitcoin short-term view - #BTC with bearish divergenceBitcoin short-term view
(a) price at volume resistance $22,210 showing a bearish divergence on RSI
(b) a correction to volume support at $21,000 likely
(c) even a touch of ATH 2017 at $19,892 (FIB golden pocket) would be okay
*not financial advice
do your own research before investing