BITCOIN TO 14K?!!!!!!I am anticipating Bitcoin to rise to an ATH of $144,500 following a major breakout from the recent consolidation within a bullish pennant pattern. On several occasions, it has attempted to reach $100,000 but remained constrained within the pennant boundaries. However, with a clear breakout now evident, I expect a lengthy move to $144,500, corresponding to a 61.8% Fibonacci extension of the November 4 ($66,700) to November 22 ($99,500) impulse.
In the chart, you can see a clear breakout, and I anticipate a fast rally once the $100,000 level is breached, followed by a potential retest before continuing higher.
Bitocoin
btc --->a short short positionhello guys...
as I said before the main trend in btc is bullish and I believe it:
however, in a lower time frame, it broke down the trendline so it is so possible that this coin touch the %33 fibo level!
if the price retrace to the blue area you can get a short position until touche the gray area!
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Interesting Bearish Bitcoin FractalSeems that we are repeating a specific downtrend fractal.
Orange circle: Downtrend with double bottom to neckline
Green circle: Fake Uptrend with a massive crash crossing the neckline and hitting a new low
#BTCUSD#BTCUSD
There is also another theroy in which I see BTC going down at least to the stroger support level.
Looking at the circles on the MACD it is likelly that the same price path may happen in the second circle.
Of course I am not an experpet of techinical analysis (who is a real expert after all?!).
Don't take me too serious on my analysis an either on my grammar.
Bitcoin slowly regainging prior softer downtrendSo Bitcoin did NOT reach the expected 35k goal I had set, and took a long break further down.
Now, after sorting out a double bottom @ 29k seems to be back on track, following a softer downtrend, that one formed in June 29th, and the modified target is now $32.281
BTC/USD - weekly Analytics + Altcoins 12.07.2021Once again, the price is forming a false-break from the resistance level near 33.500 and continues to trade within the consolidation. The growth of quotations towards 37,000 will increase the chances for further growth. The pessimism of investors that has been lasting since mid-May is an additional confirmation of the future uptrend.
Altcoins:
TRON and HIVE stand out as the most promising coins to develop a sustainable rising trend.
Bitcoin Final TOP! 206k. $$$‼️🔔 BTC UPDATE: on the weekly using the indicators, I came to the conclusion of June 7 on the weekly being our Top (pricing bitcoin at around $206k), while on the short term April 8th into the weekend we will see a small correction then continuing to our top‼️
As always Enjoy & Happy Tradings!
After Breakout We Can Expect A Pullback For Re-testHi dear friends and especially my patrons, in reference to the previous idea:
The price action has successfully broken out the resistance as predicted, but there is a hidden bearish divergence on the 4-hour chart, as the price action of Bitcoin is making lower highs and the RSI oscillator is forming higher highs. Therefore we can expect a pullback to re-test the previous resistance of wedge as support and if the re-test will be successful then after the confirmation the next move will be from $50K to 55K.
BTCUSD: just a pause or we can go short?Hi Traders,
This is my view on this cross for the next few days.
#BTCUSD
Waiting for the structure retest to go short if the bearish environment will be confirmed
I remind you that this is only a forecast based on what current data are.
Therefore the following signal will be activated only if specific rules are strictly respected.
If you follow my strategy you will be able to identify the right filters and triggers to enter correctly the market and avoid fake signals.
I really hope you liked this video and I would like to know what do you think about this analysis, so please use the comment section below this video to give me your point of view.
Thank You
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Trading Kitchen
Strong Bullish PUMP coming weeks 60-75 Target+ IF Hard Pump 120$Trend setup for bullish for 1st target 55$ and 75$ and if bitcoin holding bullish trend upside then we will see bitcoin towards 80-90$
🛑SUPPORT/RESISTANCE
✅S1= 42$
✅S2=35$
✴️R1=55$
✴️R2=75$
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Bitcoin - Hung Up at Resistance ~ Short Scale-in Game PlanGreat news! Our enTHUZed TradingView channel has been selected to take part in beta testing for the next video feature - live video streaming on TradingView. This feature will allow us to broadcast in real time and the audience will be able to engage live via chat. Think of it as Twitch for traders. I am told we will be one of the first channels going live next week!!
I focus on providing live education and support to those interested in trading, Cryptocurrencies, and Blockchain technology. You will learn charting techniques, technical analysis, and the most popular cryptocurrencies for trading. My content is ideally suited for beginner to intermediate level traders.
Btc Micro compraExcelente rompimiento que se dio hoy, me tenia preocupado lo que estaba haciendo. Yo voy a colocar ordenes en 11.5 con intenciones de que me tome dicha orden de un mechazo porque no debería corregir mas de los 11.6 espero entrar en esa micro corrección para buscar 12k como primer salida y 12.2 segunda salida como máximo.
BTC - Reloading on the pull backThe BTC price is currently in a rising wedge with the RSI trying to break its trend. I am waiting for pull back below $5K before adding to my long position. How much lower? Mid $4Ks. Fibs at 50%, 61.8%, 78.6% not shown on this chart. If we rocket higher from here no worries, I already have my long position. If we go lower no worries I'll just add to it. I'm just posting this chart to see what it looks like in a few days. Next week should be interesting.....
BTC – let’s figure out this puzzle – 3 possible scenariosHi dear Traders and Hodlers!
Everyone is wondering whether it is now or not. But what? Crypto and bitcoin rally! :)
So we think the market, although is very low, is stable right now and we shouldn’t go any lower than $5800 - $6000 as marked on the chart as a “Massive support”. This will be the lowest so don’t worry.
We can see 3 possible scenarios.
1. We will fall as low as TenkanSen and MA21 level which is at around $6460. We bounce off and reverse towards the north. This is the best what can happen right now. We may expect some positive news from the market (SEC and so on). But this is unpredictable. Time will tell. Soon. Very soon.
2. We break TenkanSen and go towards micro support (green line) to stop there and bounce off. This is pretty likely as this support was created two weeks ago and seems to be still in force.
3. The worst scenario is that we break both TenkanSen and our micro support and we land again on so-called Massive Support which is at level $5800 - $6000.
Why we won’t go below $5800 - $6000? Check out our previous fundamental analysis “We will tell you why BTC won’t go lower than $5800”. It is down below.
Moreover, when looking on the Weis Volume indicator we can clearly see there is no interest on trading Btc. There is no supply nor demand. We think everyone is waiting for what is going to happen. They need incentive – good trade from whales or positive info from the market which will ignite the rally.
Look on the Sentiment Zone Oscillators. They look similar but they are not the same. First calculates Volume Weighted Exponential Moving Average from the input. The second calculates Exponential Moving Average and the third one calculates just Moving Average. We can expect to have even lower values. We haven’t achieved buying level yet and we already passed selling point which is the top of the indicator chart. One is sure we have a micro downtrend right now.
Still, 3 before mentioned scenarios are in force.
Which one will actually happen? What are your calculations and opinions?
Please do share with us in the comment section.
Thank you for contributing and being here. You are great!
HUGE Hugs!
WBM Team
Bitcoin - Ascending Triangle Bitcoin has formed an ascending triangle after holding the 786 of a trend based fib I have on the chart. If we are able to break 6900 with conviction then 6800-6900 should hold as support, and I am targeting 7155 and 7320-7400. If bitcoin breaks down on 6k I am unsure if 5750 will hold again, and I think its more likely we see 5560-5460. Trade Safe!