GM crypto bro's, it seems the happy weekend is still far away 🗿 with BTC still at risk of another drop. This morning, the Fear and Greed Index is at 29 (Fear), finally moving up a bit after two days in Extreme Fear territory. The Stochastic RSI remains in the oversold area, but a slight uptick might begin tomorrow. From a price action perspective, BTC might test...
Thanks for reading, I earlier posted the bitcoin 1HR, 4HR & bullish Weekly cup n handle formation on Weekly chart. Here is the Daily timeframe. You can see the big green zone is a huge buy-order block but importantly at time of writing the current price is getting support right on the 200 EMA. I am thinking some bullish price-action returning to bitcoin &...
Hello traders, Bitcoin is setting up for a both sided, if you interested in sell then you just need to wait for price to break the 50 simple moving average and also the 26940 level with the candle body not wick and if you interested in buy and you have your own reasons to buy bitcoin you just need confirmation then simply look for price to breakout the white...
These indicators are telling me that we are moving up, this breakout looks very unsure of itself though. There is definitely alot of volume but it is not increasing like it should be. Probably because of the high RSI, a lot of players are getting ready to short. I think the price is going to up around 24.9 and then retrace back down to 23k so if you wanna take the...
Bitcoin Formed a Pennant (Consolidation Pattern), Broke Out, Got Rejected off Resistance and retraced to re-test the upper resistance of the pennant, and the 50% fib retracement. I expect a push back to test resistance 1-2 more times before a breakout to higher levels. Further consolidation to come.
BTC/USDT 1D: Continuously Making LL and LH. Strong supply areas plus LH region Ahead. We will be looking here for a good short entry.
My idea is if we hold today and don't go any lower, having already learned the news that Russia is and did invade Ukraine, then the principle of "buy the rumor and sell the news" is in play, only on the short side. In other words, people shorted when first hearing of Ukraine and now after knowing what Putin would do we had another move down and now my thought is...
Just look at that strong resistance here on Bitcoin 1D RSI, Its really killing us! How much you want to go down! Stop it bud let's move up!
this is 4 hr time frame analysis for short term time period trading (likely intraday ) as we can see Bitcoin is in correction phase . Now we are in zigzag correction ( ABC ) phase ,where its making Web A with 5 sub wave . As you can see in chart currently we are making 4rt subwave of wave A which will go towards 38% of correction of subwaves whic is coming UP move...
Folks, Here is my daily update on the BTC chart on the daily chart... this morning I presented a 4 hour analysis and this is the daily chart.. I love Japanese candlestick pattern.. They have helped me so much and I study them quite some time but it is still difficult to fully embrace the meaning behind the bars.. So much psychology and that is the reason I...
What would I do if I were an algorithm trying t take other people's money. Well, considering most people in this chat are extremely bullish at this price, I hate to be the bearer of bad news, but all the open Fair Value Gaps got me wondering "how much longer until it hits that Fair Value Gape near $20k...... so #SMT - Smart Monet Theory would suggest BTC would get...
Here I am with a quick update to my previous analysis: With this analysis, I'm comparing the Bitcoin STANDARD LOG GROWTH CHART (above) with the Bitcoin / M1 SUPPLY and the Bitcoin / M2 supply charts (below) Thesis: - The BTC price didn't increase as we think. - The BTC price will increase x5 from now. Introduction: During the pandemic period, M1 and M2 grew...
Hi dear followers, We are here with Bitcoin's first daily analysis As you can see after Bitcoin's 18 April dump which price opens at 60000$ and falls up to 50931$ (In Binance Exchange), Two others daily candles 19 and 20 April closed above 55k. Case with more probability: According to this we expect to see next day movements to see touching 60K again in 21...
Bitcoin Update Yesterday I told you that I expecting upside BO and we did see higher prices. Today we have gap up opening and with another leg up. So expecting a Bull Trending Day again. Since the open strength is good. Price is staying above the EMA and which is a good sign. Currently, There is a chance of testing the Breakout, Yesterday's High and EMA...
So, I consider that Bitcoin is in the volatile and warning zone that Bitcoin still it above of $13,000 USD. But, if you're not prepare, we would need to see in weekly timeframe and right now, we see in the highly zone that obviously we would need to make a correction toward the $12,400 USD as I say you. Once that Bitcoin it's going with the parabolic up,...
XBTUSD stopped its rally today after rejection at resistance and is now trading below $9000. Levels I see: $8900 - $9300 for resistance and $8650 - 8500 for the support. XBT could continue correcting lower to $8400, so I prefer to wait here and watch. After a new range will be established I will be looking for entry points for longs. Overall trend is still...
BTC/USD fell from $9,504.50 to $9,333.85 this Friday. The daily TradingView shows two strong resistance levels at $9,545 and $9,600. BTC/USD bulls took control of the market this Saturday as the price rose from $9,339.65 to $9,423.17. This follows a bearish Friday, wherein BTC/USD fell from $9,504.50 to $9,333.85, as the price consolidated below the $9,500...