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BITCOIN 1D Ascending ChannelHappy Saturday All! 😃 Hope you are all having a successful day! Here we can see BTC forming an asccending channel on the daily chart and there are a few things that I would like to point out: 1: We have strong support in the 41k region with the golden pocket on the local Fibonacci retracement which measures the current uptrend and the 78.6% Fib. level on the retracement that measures the downtrend from the November ATH and the currrent low point at around 33K. 2: The resistance or top of the channel would align perfectly with the local 100% Fibonacci retracement level and the golden pocket (61.8% & 65%) of the downtrend retracement. 3: The 39k area in which the local 50% Fib. level coincides with the bottom of the channel, is the last chance for Bitcoin to make a higher low whilst staying in the current channel/trend. 4: The other Fibonacci retracement levels on the larger retracement (white and orange) give us a good idea where our next target areas would be (50% & 100%) in case we were to break those previously mentioned levels. ------------------------------------------------------------------------------ If we look at the smaller TF (4h) we can see that the support and resistance areas that I mentioned above become even clearer. I would like to add that this is for educational purpose only and in no way a guarantee that it will play out this way, nor is this or are any of my posts financial advise. THANK YOU for stopping by! Like 👍 = 😃 Comment 📜 = 😁 Happy Trading ✌♥📈
by DeFeye
2
BITCOIN 43k-44k TOP!?What's up everyone! 😃 A much shorter video and description as per usual, but the title says it all. Just one potential scenario of many that would line up with my lower targets of 33k and 29k mentioned in my previous post below: I would like to add that this is for educational purpose only and in no way a guarantee that it will play out this way, nor is this or are any of my posts financial advise. As always, A BIG THANK YOU for stopping by, I hope you liked my post! If you did, please take a second to drop a like or comment, every engagement puts a smile on my face, and really helps me to get my ideas out to the world! 😃🙏 Happy Trading ✌♥📈
by DeFeye
3
BITCOIN Inmediate Short-TermHey Guys! 😃 Real Quick! I just wanted to point out specifically where we are in the 4h after I just posted a video on multiple BTC time frames including this one. Find the 🎬 video here: I would like to add that this is for educational purpose only and in no way a guarantee that it will play out this way, nor is this or are any of my posts financial advice. As always, A BIG THANK YOU for stopping by, I hope you liked my post! If you did, please take a second to drop a like or comment, every engagement puts a smile on my face, and really helps me to get my ideas out to the world! 😃🙏 Happy Trading ✌♥📈
by DeFeye
2
BITCOIN The Current Neighbourhood!What's up Everyone! 😃 Just a quick update on BTC, keeping it simple for you guys, it's all in the charts! As always, A BIG THANK YOU for stopping by, I hope you liked my post! If you did, PLEASE drop a like or comment, every engagement puts a smile on my face, but also helps me to get my ideas out to many more of you guys! 😃🙏 Also check out my most recent VIDEO 🎬 where I look at BITCOIN on larger time frames. Happy Trading! ✌♥📈
by DeFeye
BITCOIN Bottom Options!What's up Everyone! 😃 Another week, and another weekly Bitcoin video 🎬 update and as always I kept it simple for you guys. This time I wanted to focus on some of the different options that Bitcoin has for a bottom before we see a bullish reversal. Have we seen the bottom or are we going even lower? Click play ▶ and hear my opinion! Charts from the Video: 4h (Local levels): 1D /Falling Wedge): 1W (H&S): 1M (ascending channel): I would like to add that this is only for educational purpose and in no way a guarantee that it will play out this way, nor is this or are any of my posts financial advice. Thanks for stopping by, I hope you liked my post, and if you did, please drop a like or comment, it helps me to improve my ideas and puts a smile on my face! 😃🙏
by DeFeye
4
BITCOIN Tea Time?Evening Everyone! 😃 As per usual for my posts later in the evening, i leave it all in the charts for you! 😃😴 As mentioned there also, this is solely one of many options that are possible, and only serves as an example for this bullish Cup & Handle Pattern ! I would like to add that this is only for educational purpose and in no way a guarantee that it will play out this way, nor is this or are any of my posts financial advice. Thanks for stopping by, I hope you liked my post, and if you did, please drop a like or comment, it helps me to improve my ideas and puts a smile on my face! 😃🙏
by DeFeye
4
BITCOIN Short-Term OptionsWhat's up Everyone! 😃 A quick one here I just wanted to point out that we are still holding the channel support on the BTCUSDT 4H which I was talking about yesterday 👇 In addition I wanted to point out the orange lines that represent local support/resistance which need to be broke to confirm short-term volaility into either direction. I would like to add that this is only for educational purpose and in no way a guarantee that it will play out this way, nor is this or are any of my posts financial advice. Thanks for stopping by, I hope you liked my post, and if you did, please drop a like or comment, it helps me to improve my ideas and puts a smile on my face! 😃🙏
by DeFeye
2
BITCOIN Where are we at?Good AfternoonEveryone! 😃 Here is my latest BTC update Video 🎞️: Here are the charts shown in the video: 4H: Weekly H&S: Weekly Falling Wedge: Monthly Channel: I would like to add that this is only for educational purpose and in no way a guarantee that it will play out this way, nor is this or are any of my posts financial advice. Thanks for stopping by, I hope you liked my video🎬, and if you did, please follow for more or drop a like or comment, it helps me to improve my ideas and puts a smile on my face! 😃🙏
by DeFeye
2
BITCOIN Formed Ascending Channel!What's up Everyone! 😃 Bitcoin has been forming this channel on the 4h chart since the pump on January 24th. The most recent dump confirmed the bottom of the channel and we are once again looking at the the targets of 39k - 40k on the upside . If we manage to break above 40k our first targets would be 43k-44k representing the neckline of the latest dip and a potential 'W' pattern which could form. Then eventually we would have break 48k-51.6k which would put us back above the bull market support band. Even though I see another rally in the short-term to the previously mentioned 39k-40k region, I don't see Bitcoin above the Bull market support band before we fall back down to the levels that await below the current ascending channel support at about 36k . That would take BTC to the 35k-33k support area and eventually 31k-29k where we could find a bounce as we did on a couple of occasions last year before we reached new ATH's both times (see below 👇). I broke it down more specifically below 👇 in my latest video 🎞️: I would like to add that this is only for educational purpose and in no way a guarantee that it will play out this way, nor is this or are any of my posts financial advice. Thanks for stopping by, I hope you liked my post, and if you did, please drop a like or comment, it helps me to improve my ideas and puts a smile on my face! 😃🙏
Long
by DeFeye
2
BITCOIN Evening Star!Just a quick one, main focus is on the Evening star pattern, support if we can hold support is about 37.5k-37k and bounce to 40k hopefully. Rest of the path and targets make more sense in my previous posts and video below: I want to add that this is only for educational purpose and in no way a guarantee that it will play out this way, nor is this or are any of my posts financial advice. Video: Weekly Wedge: 1H: I want to add that this is only for educational purpose and in no way a guarantee that it will play out this way, nor is this or are any of my posts financial advice. Thanks for stopping by, I hope you liked my post, and if you did, please drop a like or comment, it helps me improve and puts a smile on my face! 😃🙏
Short
by DeFeye
7
BITCOIN Symmetrical Triangle Breakout!Good morning everyone! 🌞 Short and simple, just wanted to post quickly and get some more sleep. First target is 38k-40k region. If we get rejected at the previous resistance of 37.5k we could go down to the lower support levels again, or even lower to the 31k-29k region. Thanks for stopping by, I hope you liked my post, and if you did, please drop a like or comment, it helps to improve and puts a smile on my face! 😃🙏 Happy Trading ✌❤📈
Long
by DeFeye
2
BITCOIN Bullish scenario!Good morning everyone! 🌞 Here we see a more bullish scenario on the weekly BTCUSDT chart, and as always I try to keep it as simple as possible. Bitcoin dropped down to the 31k-29k area on a couple of ocasions in the past, but then bounced to new ATHs both times. That is the reason why this bullish bitcoin scenario predicts the bounce in that area once again, and that the bounce will bring us back above the bull market support band and potentially to new ATHs. Here is my previous post where i looked at the inmediate short-term: Make sure to stay tuned for my weekly Bitcoin Update video 🎬 Thanks for stopping by, I hope you liked my post, and if you did, please drop a like or comment, it helps to improve and puts a smile on my face! 😃🙏 Happy Trading ✌❤📈
by DeFeye
3
BITCOIN, what is up and whatis next?!!?What's up everyone! 😃 I hope you are all holding up ok during this mega dump in all markets. I wanted to give you a quick update about BTC and what we can expect throughout the weekend and next week! Here I look at different TF's and patterns from the past to see what has changed and what is still in play. Trying to keep things simple as always, i hope it brings some peace and understanding to some of you. Thank you for watching, I hope you enjoy this video 🎬 and if you do, please drop a like, comment or share and follow, all of the above would brings a smile to my face and it really motivates me a ton! 😃🙏 Happy Trading! ✌❤📈
by DeFeye
BITCOIN CRASH 📉 UPDATE!Good morning guys! 🌞 Last Night I posted (👇) that I'm getting Bearish Vibes from Bitcoin and that i see it going below 40k in the next few days, and then the next thing I know , I open my eyes and we are at 38k. Last night's post: Today I'm breaking down what my thought process was not only last night, but why I've been looking at this price area of 40k to 37k for way over a month now. I also go over what I'm expecting next for Bitcoin and the crypto market. Thank you for watching, I hope you enjoy this video 🎬 and if it was worth your time, please engage with, follows, likes, shares, comments and all that good suff, it really motivates me a ton! 😃🙏 Happy Trading! ✌❤📈
by DeFeye
2
BITCOIN giving BEARISH 🐻 Vibes!What's up everyone! 😃 You can see some of the target areas in both directions here, but this descending triangle that has been forming over the past two weeks makes things look way more bearish IMHO. Trad. Markets where the main reason for the rally today IMO, U.S. stock markets opened green and BTC shot up before market prices fell again. I think by now we can call todays rally a fake-out , i would not be surprised if we get some sideways action in the 40-42k region, before we eventually get to my target of about 37k in the next few days, most likely before or after the weekend. I hope you enjoyed this post and that it was worth your time, any ❤ in the form of engagement, follows and feedback would be very much appreciated, and a big motivation to keep posting! Happy Trading! ✌❤📈
by DeFeye
5
BITCOIN What's Next? What's up everyone! 😃 After Yeterday's update on the BTCUSDT Weekly Chart, where we sa a few scary things taking place(👇), I wanted to do a quick update on the Daily chart to see what we can expect in the next hours/days before the weekly candle closes. 1D Chart from today's video: 4h Chart from today's video: Yesterday's Video: I hope you enjoyed this post and that it was worth your time, any ❤ in the form of engagement, follows and feedback would be very much appreciated, and a big motivation to keep posting! Happy Trading! ✌❤📈
by DeFeye