Bitcoin has broken through resistance now support and the question is, where to next? In this video we look at some ideas around market structure, liquidity and price action, and how the market may react going forward.
A lot of time left in this week but there's a ton of bearish signs here for BTC. One of my key issues is with renewed evergrande default drama and my bearish take on traditional markets, because crypto is adhering to it so closely BTC can show lots of different signs and it doesn't really matter. If traditionals go down, BTC will break patterns. We have formed a...
Taking a look at Bitcoin BTCUSDT. It has traded down to a key level on the weekly and currently ranging sideways. I'm looking for a trade opportunity i.e. a break and re-test of the current balance area. My overall bias is bearish in the HTF however given that we've traded down to a big level and price looks over-extended I can see that there's room for this to...
Clearly we've been in a bear market trend for Olympus DAO and many other DAO's. A big 70% retrace from it's swing high of $1360 Olympus DAO has been in a downtrend for the past 2 months and we're still trying to find a bottom. I personally believe we're coming close to finding a bottom for Olympus DAO and $430 may be it. However we're still on a continuation of...
We need to watch the 4D and 8D timeframes and check if the white energy in the 4D crosses above 50 level before the red RSI in the 8D crosses below 50. If it does we have hope of seeing a continuation of bullish sentiment in the local area and seeing BTC stay above 50k, possibly forming higher high at 42k for another new leg higher. A beginning sign of bullish...
Bitcoin broke through its primary trend which means we are turning bearish. Is 28k going to be the next target? Let's wait and see. Have a nice trading week!
W. D. Gann described many types of numbers that he calculated on a daily basis. He worked mainly with percentages based on the dollar and the number of months and weeks of the year in accordance with Astrology. Some of his more popular numbers were: 6.25% 12.50% 18.75% 25% 33% 37.5% 50% 62.5% ....and so on. He also wrote about the rule of 8, 9, 10 and even...
Very welcome correction that flushed around 9B in open interest from the Futures. A drop of around 40% from the local high. This is good news considering that massive rejection we got around 42k. Now we need to be aware that there is ongoing downtrend and momentum pressure but structurally speaking and from the what we can observe in the futures is looking...
Big dump overnight. I expect we'll continue to go down. 40-42k will be where we're looking to find support and 53k will be resistance. Very likely the start of a multi-week to multi-month bear market.
so it may look like we may be going back down to test the 53500 and possibly to the 51200 and if that happens then i believe the bottom will be in and it will be time to buy the dip and go parabolic up to min the major resistance that has been holding us down now for over a month and if we can close a candle above the 59300-6k=0k then we are going to see a new ATH...
Hi All, My commentary explains my thoughts, all bullish. Retail has been taken out and now its just the institutions and people who know what they are doing, HODLERs and traders. Upward momentum is what I have but don't expect any big numbers as of yet, in the time frames people are talking about. What do you make of it? Please give me a like and share. All...
PUMP because i believe we are going to see a huge pump once we break major resistance that has been holding us at approx 59300-59500 so if we should break that major resistance with a candle close above we will see a all new bitcoin high of 70k plus, leave Ur comments and questions and if u find value in my ta then please share and like, thanks sha256bittrader
In this video we take a look at usual technical levels and what is looking good and what is not. I'm not yet seeing structural and momentum strength coming from PA at the date of this video despite the move from 53 to 58k. I didn't have time to cover many other points put hopefully it helps viewers to developed other nuanced interpretations of the data...
Many many settings but great for future predictive accuracy. I am so in love with fibonacci! <3
TLDW: Probably a little more downside followed by a relief rally. Areas of resistance at 55k and 58k. Need to get back over 60k to really be bullish once again. Some signs this may be the first leg of a larger downward move, but time will tell.
Here is a video with a tour on many major charts: BTC, ETH, AVAX, SOLANA, MANA, SAND, ADA, GALA and more. One Love, the FXPROFESSOR
I used fibonaci tool to forecast Bitcoin 2021 peak.
Hello everyone, Analyzing BTC & ETH we can see that they are not ready yet. In order to get into ETH and BTC we need to wait for them to reach support level and then get into the market when that happens. Thank you for watching the video, have a nice profit week!