For now, I expect a bullish bounce due to hitting the daily demand area
good evening, been thinking a bit more about this local count, and i've come up with one more potential trajectory. --- if we see a weak three wave bounce from my original downside target (view my last post for more context) 👇 then we'll likely see a slightly deeper retracement to 19.3k. --- both scenarios lead to the same upside target of roughly 24k. just...
After a 3 week long sidways action similar to that of May-June, it looks like bitcoin is about to double top, smack back down to 16k level, levels not seen since November of 2020. It may go further sideways for a bit more, but i would venture to guess that if the market turns down south, BTC may follow in lockstep.
good afternoon my peoples, in my last few posts, i talked about the possibility of seeing 23~24k before seeing a big pivot downwards. here's how i think we can potentially get there. --- as of this moment, shorts are out-weighing the longs. 1h hidden bullish divergence is present 1\3h stochastics have entered into oversold. btc has come down in what looks to...
hello? Traders, welcome. Notes related to this analysis : - In this chart we have an ascending channel so As long as we are in the ascending channel , selling positions do not have good risk and reward and it is not Safe to look for selling positions - I think it is possible to enter a buy position in this range ( 22276$ - 21185$ ) - (find an entry trigger...
BINANCE:BTCUSDT The bearish rising wedge formed early 2022 seems to be having larger implications that expected. A second flag is forming at the 20K area warning of a further decline to the 10K support area where it will consolidate for the short term. The bigger pictures show us that #Bitcoin will suffer on the longer term as well, at least until...
Hello my friends. Everything is clear on the chart for you like always. I expect the price come up there. You can monitor the price's action in the circle. Good Luck. If you like the idea, do not forget to support with a like and follow me for next analysis :) Write your comment and opinion below to me
Hello my friends. This is an update of previous analysis of Bitcoin (below link), because its leader and orienter the whole crypto's market. Everything is clear on the chart for you like always. The price is correcting the downtrend and strong resistance zone at 29K and after that is 35K. I expect the price come up there and go down again. So consider it in your...
🔴As I said earlier. BTC will not go above 28k this month. Now the green trend line is the daily support line and the yellow is short term trend line. 🟠If the price give a breakout above the yellow line then we might see pump upto 24k. If breaks the grean line on 4h timeframe and make a lower low. Welcome the bears again. 🥂
I think we have a good W and that's always an up move. I think this is the really. Lots of people have been calling it wrong and not to their fault. This has been a mad ride. Market makers and on drugs or stopped using, LOL. (joke) But for the survival of bitcoin. I do think they have to pump it up and let a good rally come. Many people have lost faith in crypto...
Hello, everyone! Last time I told you that the downtrend for the Bitcoin on the 1D timeframe is about to end, but today I can see that it struggles to reach my final target. Thus, I closed my speculative long which I opened at $20300, now I have only tradevesting position. What is bad now for BTC? Let’s take a look at the WhiteBIT exchange BTCUSDT chart. Here we...
BTC has been trending downwards for more than 200 days, and is currently printing a bullish engulfing candle on the weekly timeframe! if we close this candle above the previous candle's open price, which is about $21038 , we can expect an uptrend to start, which is what happened last time we had a bullish engulfing candle at the end of a downtrend: last year, in...
With the lagging in the price and Senkou span A also changing to side ways direction, we can see a price movement between 20654 & 22266.
good evening folks --- our indicator is crossing bearish up here, indicating downside pressure in the days ahead. it's possible we see one more scam pump to about 23k before the downtrend begins. --- my downside target is between 12~13k for the time being, but there is significant support between 14~15k, so it may stop there. --- ps. that downside target...
BTCUSD Daily cautiously bullish. Recommended ratio: 70% BTC, 30% Cash. *Cryptos (mainly altcoins like ONE, XTZ and GRT) are bullish over the weekend as almost all financial markets attempt to continue the relief rally with (dire) hopes of finding a bottom.* Price is currently trending sideways at $21500 as it continues to test $20k psychological (and...
where we can possibly react in the short term as we are in the middle of the coming weekly camarilla range. If price first drops we can possibly see a bounce up to H3. If price rises first we might have a short from the coming H3. these short term trades will be invalidated if the current range is broken prior to weekly close
consider this post completely theoretical, and don't use it as financial advice lol. --- just about every full moon over the last few years has marked a local bottom for bitcoin. as we near july 13th, all of my indicators are pointing to a long liquidation event. it's very possible that we don't get it this time around, but if we did i reckon it would look...
Chart is self explanatory. just a possibility. this chart uses monthly camarilla pivots and CPR. linear regression. custom oscillation. maybe find resistance around here up to H3. and if we do... maybe new lows at L3. all of this invalidated above H4