CRYPTOCAP:BTC 1D chart; I mentioned earlier about the mismatch on the RSI side, my expectation was that it would rise around 4% from the level it saw before it started to decline, but it started its downward movement with the reaction it received from the falling trend line (red). If you remember, I left the rotation up to here (gray arrow) to be seen on the...
Trying to speculating how bitcoin can feasibly reach 6 figure targets by developing bull structure in the form of a large pennant. This would imply a significant pullback to form new lows targeting 14,525 in 2024. Would need to see signs of weakness around this current price range ideally 45.5k rejection, however price can continue further in which case the...
#BTC/USDT ANALYSIS 4H $BTC like option 2 . break the resistance and reject and dump after hit 1h Supply for now btc will retested in $23.5k - 23.8k before continue down to $21.8k - $22k there is daily demand for BTC for spot market we can wait confirmation first BTC now . on daily chart ALTS very overbough
$BTC still sideways at range $22.7k - $23.5k , in 1D timeframe look's like bear divergence on RSI . we have two options for btc movement 1. BTC breakdown the support and going to $22.8-22k that's a 4h demand for BTC 2. BTC breakout the consolidation and hit 1h supply and dumping hard why i'am make a options btc moving like that, cause BTC very need some...
Bottom is not in in the 15m yet or at least not confirmed that would happen if we recover previous support and hold that false breakout, there must be a lot of late short entries here or we might potentially trap more by wicking more below and repeating past 2 wicks on the daily and fully recover price, 2 false breakouts. If the daily close doesn't wick and...
The 1on1 video is currently out, if you would like it in order to understand how to play my analysis FULLY, please let me know privately. All likes/comments and feedback are very much appreciated! How to play my chart: Buy at support, sell at resistance. When you open this chart you'll see a green entry and a red entry. When the candlestick hits the green entry,...
Bitcoin is moving good to it's target. As you all know that weekend are also called hai volatile and might be we achieve our target this weekend or berfore. Based on pervious analysis.
As you can see, with the rsi is forming a bearish divergence, thus it is likely that bitcoin would fall very soon. Furthermore, we are at the same resistance as the past 2 times. In conclusion, it would be likely for btc to the major support line. (42K)
Just a silly idea, but what if Bitcoin proved everyone wrong - no bear market, but also no wave 5 blow-off top?
BTCUSD is currently testing important level of resistance as a support. If it holds, there is a high probability of moving the price up.
The uptrend should end its 5 main waves, then we should think about correcting 3 strong waves, which will most likely see up to 26,000 falls.
Hello traders, welcome to today’s analysis on bitcoin, I hope you had a nice week. Today’s analysis will be brief as usual - From our last update, the market respected our forecast and we completed wave y which ended up about 100% of wave x, you can have a look at the previous analysis here. From the current chart, we can see the market is moving fast and got...
A long term support is pushing gold prices upwards and gold is heading to 11000 area which will be our target and after a retest we going to place some more longs to target 14000 keeping good risk reward ratio it already broke our resistance please like and follow also comment if you like it
Stoch broken up, bullish momentum on ewo, demarker just went to oversold area can keep on travelling there, we lookin bullish but the chart pattern says we are not bullish till we didnt break the line, so we either gonna break the line now or end of the year but as the halving is on the way in May, i believe we are gonna break it before the end of the year, the...
Bitcoin is resting on pretty strong support for now but as more candles pile up on top of that white horizontal line it will get heavier and break. If we go up it may not be too much higher than the combination of the green trendline and 200MA. All the up moves we have been having will culminate once they hit the 200MA for now. One thing to count on is that you...
In this chart you can see that a couple of things happened. #1 Just as I have been saying for a few weeks now, keep an eye on the 12H and the 200MA, once price goes under the 200MA on the 12H BTC will struggle to come back up, moreover, If price can't make it above the 200MA we will go down quite a bit. #2 We've had a trendline violation which it's yet another...
To be clear what exactly is BTC waiting for in order to keep going up? Simple, a set up that will generate a lot of buyers, do we have one insight? Yes, look at my 3-day timeframe chart and any of the two green X's are setups that will entice buyers. Now, there are 4 things that prevent us from even thinking about putting money into BTC. A death cross on the 12H,...
Last night I told you that this move was coming, how did I know? You have to learn how to read the chart through multiple timeframes and using only a few indicators. I also know the next destination, once it hits I am jumping in with both feet and loading up on alts. Which ones? We'll follow me and you will know. If you really want to make money with Crypto you...