i'll be 100% honest with you, both of these cases are bullish. once this correction is completed, btc will go into the hundreds of thousands, if not millions into the years ahead. the real challenge, is figuring out the path it takes to complete the current primary corrective wave. --- this case implies that bitcoin has completed a simple zig-zag (labeled as...
Over the past few days, Bitcoin drifted lower toward the 19 000 USD price tag. Because of the persistence of bearish fundamental and technical factors we maintain our price target for BTCUSD at 17 500 USD and 15 000 USD. Technical analysis - daily time frame RSI, MACD, Stochastic, DM+, and DM- are all bearish. Overall, the daily time frame is bearish. ...
I think the cmf will have an impact on prices in the previous supply zone . As you can see, the interaction areas between the previous prices and the current prices move synchronously. It is possible to determine a strategy by controlling price movements at levels above cmf +0,14 and cmf +0,25. Daily closes below 18400 could mean a stop loss. As long as the price...
Are we going to see a megaphone pattern play out with a massive cup and handle leading us into a very bullish 2023
Bitcoin was able to pass the main wave 1 at 18910$(As I expect in my previous posts about Bitcoin), and now it wants to complete its main wave 2, probably the end of main Main 2 will be in my PRZ (1or2/ probably 1) & TRZ (Time Reversal Zone). Do not forget to put Stop loss for your positions (For every position that you want to open). Please follow your...
Bitcoin is currently in a very big consolidation range. There is extreme market pressure right now due to a lot of different negative global events - China bank run, US recession and high inflation, Euro collapsing.... Market had nuke when 9.1% CPI dropped but quickly started rallying, which is exact opposite of what you'd expect. There could be multiple reasons...
Continuing on the idea I initially published on 6/22, $20K is increasingly looking like support for BTC . Look at the series of higher highs and lower lows that have been recently occurring on the 4H chart. In my previous entry I scaled in at $20k and sold at $21.5k. I'm looking to make a similar move now that BTC has reverted back to this support level...
THIS IS A PLAY OFF OF A CHART WITH A RANDOM FAN OUT…this shows what it looks like if we found a bottom
good morning my peoples. i've analyzed this count in twenty different ways, and i've narrowed it down to two. i wanted to share the two trajectories which currently hold the highest probability in my honest professional opinion. (view next post for case #2). ---- the first case is called "the miner + hashrate capitulation event". in the recent years, each...
As we had expected yesterday that market will get a pullback or sideways, same for today till we get the tenkan & kijun bearish crossover. Still 18.6k is a support.
Pi cycle bottom and top indicator has been pretty accurate over the history of bitcoin price action. It is currently once again flashing "bottom." If history repeats itself we may see a price action similar to what I projected in the chart aligned with the long term trendline. The Pi Cycle Indicator forecasts the cycle top and bottom of Bitcoin’s market cycles....
I've been waiting to post an update on BTC because there are dramatic developments in the space. We have finally seen the capitulation I've laid out over the last few months and now it's time to reassess. Have we reached a Long Term Bottom, is BTC headed for New All-Time Highs soon? Likely, No. Crypto for the first time in its lifetime has found itself in the...
Hello, everyone! Yesterday I told you about the bull trap creation. I expected a little bit higher prices before the dump, but it does not matter because I did not execute any trades. Today we are seeing the very important breakdown of the demand line. Yesterday we saw some bullish reaction off it, but it was minor. Now the price is trying to return back above...
analyse of bitcoin date : 6/7/2022 profit : 8/7/2022 btc/usdt 10% in 2 days !
Bitcoin hugged the lines of my waves 😎💥💣✅👇. Since the sizes of microwaves 1 and 3 are equal, so, we can expect that microwave 5 is an extended wave. 🟡 Elliott waves Guideline 🟡: When waves 1 and 3 are equal in size, wave 5 is more likely extended. wave 5 then often is 161.8% in size relative to the size of waves 1 through to 3. Do not forget to put Stop...
Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. 27 out of 500 days done. I truly appreciate your continuous support everyone! Let me know if you like the series, and if you would like me to change or add anything. Always follow your trading plan regarding entry, risk management, and trade management. Good Luck!. All...
I'm looking at monthly timeframe. Every time when BTC touched the upper band of the channel it toped and every time when it touched the lower band of the channel it bottomed or pumped very hard. Pay attention every time when BTC topped or touched the upper band of the channel RSI> 90 and every time when BTC touched the lower band of the channel or bottomed RSI<50....
I'm looking history data and noticed that from 1st halving to the first bear market bottom lasted 777 days with RSI bellow 30 and from second halving to the second bear market bottom 889 days + RSI bellow 30. If we count from 3rd halving to 18.06.22 the bottom day as I told you in my previous analysis/check bellow links to understand why I think it was the bottom/...