No one is talking about the M pattern that didn't reach it's target yet. yes we came very close to it but this is a Macro Weekly chart. close is not enough to mark the target reached. In my opinion, we still didn't get real bloody yet. one last drop to 12-14k is something i genuinely believe in. The pump that we are seeing since January is just a retest to the...
INDEX:BTCUSD 💀💀💀🐻🐻🐻🐻🐻🐻💀💀💀 OK Here it is. . . The BULLISH/BEARISH ZONES. Originally Posted Back in SEPT 2021. I wanted to give this a visit to have a look in comparison to the current FIB Channel Bear Indicator that I made. They are in direct correlation. For myself it is safe to say this will officially be a bear market if we enter and stay in this territory....
Subscribe and get a free Bitcoin and Ethereum trading strategy every day Today I expect increased volatility in the market at 13:10 UTC Powell FOMC speaks, as always the work of great manipulators may be the S&P 500 index showed a little buying power yesterday, but you should not relax, I also recommend working from a small risk. Now we will discuss with you an...
The analysis is based on Elliot waves support and resistance. With current ongoing technical senerio I can very clearly see that the bear market is about to reach its mid way with 10500 marking the bottom for wave A after which we can problem see a bounce till .618 level marking wave B and then final drop
Let's just pray that 16666$ will be the end of bear market If we lose this support, the next support will be at 7272$
Hi all i have presented my ideas earlier also that how we are in a deca cycle and in the last phase of that now with the traded price, this is an update on what alterations i believe are happening in the market and how price could react in future. i believe according to elliot waves theory we have completed 12345 wave and are now in ABC corrective wave in which...
Guys, unfortunately, I'm very bearish on Bitcoin... price has, in my opinion, formed a bearish H&S Pattern on the 1W timeframe and the neckline has already been broken. In addition, a very strong support level has been broken, the only thing we can hope for is a HUGE bullish Impulsive move which would make this a false breakout, however, volume is growing and it's...
This is a pretty compelling bear case for Bitcoin right now. Macro head and shoulders on weekly chart. Price could retrace to bottom of the ascending channel. That will be a huge price test. If it fails, we could see a retracement back to the 200 VWAP which happens to coincide with/around the last cycle's prior high. That would be a great are to accumulate more as...
BTC daily chart: this is the scenario if it would go down. there is a bullish scenario as well, but i belive this is how it would go down if it does. key level of support are listed. I honestly believe that a new financial system behind the scene is causing this major dump and volatility. Long term, the charts are still set-up.. also ive been in the belief for...
RSI and price are both fixing to break below key levels. A break below the trend line can lead to major downside in the short term. Especially if we end up below 35k. Ichimoku Cloud on the daily is leaning bearish. Price has broken beneath the cloud as has the lagging span. Any more down days and the moving averages and kumo are soon to follow. Weekly...
BTCUSD💥1W-TIMEFRAME ANALYSIS 💗Hello ladies and gentlemen This is my new idea for 💥BTCUSD Expect a Selloff after break 30k support T1 19K T2 10K I hope my idea is clear Support me by like and share thank you Stay Safe💯💲💲💲 Good luck💰😍
Sticking to my earlier analysis this is what I am able to see for bitcoin Analysis is based on 50/200 MA in 1 day 3 day weekly and monthly chart, support and resistance Elliot waves theory. I have been bearish on bitcoin since the 3 month close when it formed a inverted hammer candle which was the also a confirmation for reversal and then rejection from 50 ma in...
This is my analysis regarding bitcoin bear market with the use of chart patterns moving averages divergences & Elliot waves I can clearly see 2 major chart patterns formed and broken Rising wedge and head and shoulder Their is bearish divergence in weekly and monthly chart Wave count is also as per fib levels This is correction will also be in align with sub...
Reading this tight range Monday doesn’t look good at all we may get one long candle on the weekly Wait to execute if you’d like
This is an update on BTC bear correction As updated in earlier we have started our 4 th wave in btc long term sub millanium cycle in which first wave is almost corrected or will be corrected at 39500 after rejection from lower line of wedge in linear chart from where we can see a bounce or we can bounce from here also and test 58k level as per log chart that is...
It looks like BTC is switching to a BEARISH trend. It doe not look good. Other also altcoins dumped fast. I think it could still be a correction. We need to stay above the main BLUE EMA and step out from the decreasing TL. So BTC is NEUTRAL and waits for the retest and more significant movement. When we come back to the BULLISH trend, it will be a massive trigger...
The latest bitcoin crash has caught all of us off guard. I believe that because of this crash, the bull cycle for bitcoin has ended, and it´s now time for altcoins to shine, primarily XRP, as it hasn´t shown significant growth in this cycle. Let me make this clear. As of the 4th of december we are in a bitcoin bear market. The altcoins have taken off in the...
Look at August-September 2020. Looks quite similar and would please both bulls and bears. We are currently retesting the distribution and I am bearish. I would not long here and the RR for longs is quite nonexistential.