HAS BTC BOTTOMED?Sentiment exactly the same as in 2018 when BTC dropped from $6000 to $3000. Everyone was expecting lower prices, sentiment was very negative, and the fear factor was at extreme fear. Same as this year.
That is exactly what institutions want you to think, and force you to sell so they can buy BTC at lower prices. These conditions are perfect for a bottom at 78,6 retrace from the previous high.
Fractal is very similar although there is one thing that is a bit of scale. ABC drop (capitulation) could be over, but when you are looking the fractal on a bigger time frame as daily, you can compare these fractals and see that ABC from this drop is significantly smaller. so that could be a fractal inside the fractal, meaning that we could still be in ABC, but BTC haven't finished C wave to the downside and maybe C is only starting, and we could see one more wave down.
Bottom
Bitcoin possible bottomBTC price chart analysis on the 3Day time frame (Heikin-Ashi candles, wicks removed, log).
BTC appears to be completing a 5 wave down:
-I could go long layering in, if the price hits near these levels of -.23 fibonacci extension.
IMPORTANT
If the 3day 13 SMA crosses the 48 SMA up and both turn up, I default back to trend analysis
I could also add other indicators such as custom buy sell signals and or MACD , Stochastic , RSI , to assist my decisions but this is a simple projection.
None of this should be interpreted as financial advice, I am not a professional or certified financial adviser! all charts, and or analysis' are my personal opinions and observations only!
SOLANA still holds… what if it doesn’t?12.80 support zone had been bullish dip 3 times !!
11.55 just once.
If it’s still holds the bulls should be able to accumulate and then recover hard non-stop until bullish breaks out.
If that ever happens then y’all better buy and hold.
If the holds never happens then we are going down to the beginning of the year low since solana had been released and started down to 2-3$ area.
In my opinion is .. only if still holds and bulls are playing well then we are up and up non-stop. Again if holds are getting weak then we are making and create a new low for 2023.
COVID crash anomaly = BTC 2021 double top anomalyThe 2021 BTC double top anomaly is in my opinion a result of the covid crash in 2020.
Double tops are rare.
This one was the first of its kind for BTC. (gladly correct me if I am wrong)
The double top of BTC on 2021 ended on an almost clean close at the 2.272 fib level.
Most of people in the space know what this fib level represents.
The next bull cycle top is shown on the chart, that said IF we bottom at the current levels.
-Hall
SOL price action is not looking good right now BINANCE:SOLUSDT
So it's been while after ftx collapse Sol was in pressure due to alameda research holding of 300+ million worth of usd. people were afraid to hold solana so people dump their Sol holdings.
after that initial dump Sol formed another decending bearish triangle which isn't looking good for now.
the price is going much much lower, i think the sol bottom is going between $4-8. so investing in sol at this point is really dangrous at this point. initially i thought the Sol bottom was 23 but after ftx everything changed.
Note: in the long term sol is still in the good position. buying sol below 10$ is dream of many. it will give us atleast 20x return in the next bull run. which is not bad if you think like that.
p.s only invest what you can afford to lose.
VGXUSDT: Has it reached it's bottom?This is my 3rd publishment.
I had received a signal from my indicator that suggests that VGX / TETHERUS has potentially reached a bottom, and it may have room to move up. Even with the recent catalysts, it may be a bold prediction, but I suppose we shall see in the coming days/and weeks.
BITCOIN MAP ''THE ROAD TO 100K''SCCP Price Live Data
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SCCP 300 $ FORECAST
When the bottom of ETH?🔥🚀Hello guys, I have already set targets for ETH in the last idea for NASDAQ and I present to you a detailed chart of the possible development of events for this coin, I keep shorts from 1600$ but we will probably come to this zone again in the area of 1400-500$, globally I expect the bottom for the markets in January, for ETH it is 700-650$, I think we will draw something like a wedge and on the weekly chart we will see a big divergence on the RSI MACD indicators and others.
Perhaps in the near future I will lay out the idea for BTC, where I expect a bottom in the region of 11300-12600$
Good luck and profit to everyone🔥🚀
P.s And apologize for the grammar, I express my thoughts with the help of a translator😁 Peace 🙏
Chainlink has between January-March 2023 to make a decision Chainlinks capitulation since it's possible bottom just above $5 has been trying to fight through resistance above the $10 area. Anticipate more of the same unless new news on any further innovations that can be made to boost its value. Chainlink has made headlines but due to current social media hype and media manipulation of what is in store for crypto as a whole, greatly effects and always will effect the current market. Look for a retest to $9.75 area and watch ur bottoms as this could be yet another sign of a bear winter. Look out for a long green candle around $8.90 and a false break above $10. Set you stop loss at $9.25. Just my opinions and not advise by anymeans. Do ur own research. Good luck and happy trading!!!
12-14 Area is it bottom???This is interesting so after the drop and dipped down to 12area.
And the bulls are playing out.. I think this is the bottom.
But we will see how it plays, it has to breakout above 35 area.. to keep the bulls intact then begin the bull run.
Comments of your ideas if this is a bottom or are we going lower. I have nothing else to say.
WHERE IS THE BITCOIN BOTTOM?? IS IT ALREADY IN??So the FTX mess really destroyed the potential that crypto had to rally. The DXY broke down as we predicted hitting our third target on Friday, letting the stocks and currencies rally against the dollar.
However, crypto was left out of this rally because of the FTX mess. So where is the next opportunity??
After not holding 19600 and breaking the 18500 support that we held for over a month, BTC looks to head lower and is in the middle of nowhere.
- As long as we're below 18500- 19600 we are bearish until we reach 12200- 13000. THERE IS NOTHING IN BETWEEN, any long from here would be pure gambling and not a profitable strategy in the long run. \
WHAT TO DO?
- Hold on to your money until a trade opportunity arises, which will either be a bullish edge at around 12k or a bearish edge between 18500-19600.
Moreover,
- We have massive support as shown around 12k. We also have the PCZ of a massive bullish sark around 11.2k, where we could wick to should we head to 12k.
Tesla : Is the bottom in?It's been a while since i posted and since the last time where tesla was in a final wave 5, price has come down in a corrective way. This corrective wave, a flat with internal structure of 3-3-5, could now be over.
The question becomes if this is the end of the correction or was this the first corrective wave inside a bigger correction, in other words, are we in a bigger wave B or is price going to new highs?
#BTC - Technical' s are saying bottom#BTC - Technical' s are saying bottom
Let's ignore the world burning at for a minute and look at the pure BTC technical' s. A lot of people look to Plan B's - Stock To Flow. We look to TheBlockDoc's BTC Growth Curve. Why because it takes a combination of factors into consideration to determine this logarithmic curve (If you want to learn more then join Labs!). This is our Top/Bottom Indicator.
A couple of extremely significant signals have popped up we have now challenged the bottom percentile (This basically means BTC has spent less than 0.01% of its time in this area) occuring only once per the past 3 halvings - the other key indicator here is the Inverse Pi Cycle bottom has been trigger 126 days ago waiting for the reversal to come previously there has been a 146 day and a 260 day wait for this reversal.
What are we saying?
Based on the Growth curve we are preparing for the reversal.
Btc/usdtOur opinion for next 6 month.
BTC has tested the sloping trendline since 21 from above, clearly touching the line.
Also, there is no reaction to the news about the bankruptcy of Phtix. It is insignificant, the risks are taken into account in the price.
A small pearl is possible in the area of 15,400, 14,800 with a shadow, but this is the maximum that we expect.
we wish you all good trading
BE CAREFUL !!! BTC Might Still Go Down1. Daily Close at $15.6K with no long wick indicates overwhelming selling pressure while buying demand stays the same/diminishes
2. All Ichimoku Indicators pointing a big bearish movement on Daily, alongside 2 big bearish candlesticks (strong bearish momentum)
3. R:R of 1:2 | Entry/TP/SL; that is widely used for this indicator on Daily Time Frame, is shown above
4. All of these indicate that BTC might still have one more big move down, before a potential true bottom
5. Best scenario would be a daily close at $12K zone with a long wick to $10K zone with a big volume (possibly touching $9,8K)
The safest way to invest is still by DCAing your best coin (make sure you do an extensive research)
Trading in future market right now is very risky, only do this if you are confident in your R:R TP/SL and your analysis
All eyes on Binance and FTX/Alameda deal now (which has gone sour)
Should FTX deliver a good news/FTT go up (which is very unlikely), crypto market might recover
Should FTX be the 2nd LUNA, expect a market capitulation
THIS IS NOT A FINANCIAL ADVICE
Cable Is In A Correction Within UptrendCable made five waves up from the 1.0353 lows, which suggest that bottom is in place from Elliott wave perspective, but more upside can be seen after a corrective pullback.
We know that after every five waves market slows down for a three-wave setback that is now underway. Probably the pair is going to form an A-B-C flat correction, currently trading in wave B rally that can stop at 1.16-1.17 resistance. Ideal support for the whole correction will be at 1.08-1.06.
Trade well!
Disclosure: Please be informed that information we provide is NOT a trading recommendation or investment advice. All of our work is for educational purposes only.