Red line is EMA300. we bounced on it. EMA300 is acting as the strongest support right now. if we cross down this red line we can go 2000ish. if we bounce multiple times on it, it should mean we bottomed, it can be a reversal bullish sign. Happy Tr4Ding & Stay Safe !
The 2023 bear trap AS we can see on January 20th Bitcoin broke the down trend it has been in for over one year now. Recently the resistance was tested and was made in to support as Bitcoin took a strong bounce off of it. WE can clearly see this in the chart with the highlighted oval. Above that we have the bear trap zone and the fomo zone A break and hold...
So here we have The CM ultimate Moving average MFA on the 2 week time frame with the PI Cycle Bottom. On the bottom we have the Stochastic RSI. Combining these three indicators is showing a very powerful case for the bottom being in and that we will in the next few weeks flip bullish. The interactions of these indicators go back all the way to 2011. The PI cycle...
Hi fellow cryptopians and crypto enthusiasts. I am going to make a fairly bold claim here today. First off we have a bitcoin hash ribbon buy signal quickly approaching us (within two weeks) which could pump us to 50k. If this does happen it should be followed by a correction that gets boring for 4 to 5 months and should spark the new bull run by march 2023 the...
The one thing i love about market cycles & historic charts is that you can pull up charts from 1900s and 2000s and you see the same fear & greed patterns forming. Always the greed forming from strong positions and fear from weak positions. All I see online is "bearish" "stock collapse" "housing collapse" "Bitcoin collapse (10K) (lol)" "Student debt...
Funny to see funds and institutions hating Bitcoin prior to 2017 fast forward to today and you point Bitcoin at bonds, precious metals, DJI Bitcoin is creating a macro bottom on all of them. Blackrock must have done the same homework and went, oh oh. What could fuel this is the MASS hate Bitcoin will receive from all investors, global equities, gold holders,...
I don't see much talk about what's really going on behind the scenes with Bitcoin and why the Spot ETF Rush suddenly all happen by multiple parties at the same time. Bitcoiner people never get the real opportunity to step into the real world of how institutions function, behind all the "rigged" arguments they win by staying ahead of the curve and making...
- Quick update - IYKYK. - Everything is in graph, no need a long speech. Happy Tr4Ding !
Hello everyone, hope you all are doing good. As I saw many people focusing on Yearly Candle patterns of Bitcoin, so I thought to make a Bitcoin Analysis and Observe it in a bigger perspective. This Bitcoin Analysis is not a financial advice, cryptocurrency market is highly volatile and highly risky, so please do research before trading. It's a New Year season,...
CME GAP 6 = $35180 CME GAP 7 = $11205 CME GAP 8 = $9665 CME GAP 9 = $3240 CME GAP 10 = $581 The Fed will slash rates by 200 basis points by mid-2024
Can the Pi cycle top predict the bottom as well? Yes it can, it has on three different occasions. Coupled with the investors tool not only has it predicted 3 bottoms within 10 days but also the percentage within 7%. In order to see view this you must be on the one day chart and use the investors tool with the Pi cycle top indicator. When the Orange line has...
The question here is, if history repeats and how accurate it may be. Well so far it has on two other occasions irrefutably along with the RSI. As we can see here on the 5 day chart the 21 day yellow line crossed the 200 day purple line right on schedule. In previous history the 21 day cross came after the price bottom and had direct correlation with the RSI....
Although the charts of bitcoin on lower time frames look like they might be bottoming, the monthly chaos looks like it's just getting started. BTC has just broken it's low on the RSI at the same time it has gone below it's historical log growth curve. This could get real bad real soon. Not Financial Advice.
This is not a prediction just an outlook. In fact it would be crazy if it happened anywhere remotely close to it. LOL This chart is for educational purposes only In order for this or anything remotely close to this happening, the market cap would to 12x to 15x in an approximate year or a little over. IMO it's too much too fast.
Hi Traders, Investors and Speculators 📉📈 Why follow me on Trading View? 🎯 CryptoCheck team has 20 years + combined trading experience 🎯 Established 2019 and not going anywhere 🎯 Ev here - been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime...
This chart is for fun and it is a representation of what I am expecting for the next two years. I believe Bitcoin could be in a giant Bull flag formation with a target of 150k to 160k within 2 years. Always invest responsible and with a plan. If you need help you can leave a message or just leave me your thoughts on the idea. This is not financial...
BLX Bravenewcoin liquid index may for the first time retest a previous top if 25500 the 0.618 FIB EXT from the ABC top is lost. There is absolutely no support (BLANK SPACE) going down to 20000 (the 0.786 level) except perhaps the weekly WMA200 line at around 22000. The blue neckline from the 2020 pandemic Inverse H&S will intersect 20k & 22k & thus this line may...
Bitcoin and the 2 scenarios I keep playing in my mind. I honestly don't know which one or if either play out but I'm ok with it. Fun too look and keep track for long term. I see resemblances and patterns from the past but it doesn't mean they will play out as the market has grown and with growth you should expect change. Let me know in the comments how you...