I think that we will have some relief rally to retest bearish trendline and here are PA options that I see from there 1. Breakout/retest and bull run resumed 2. Reject, form double bottom, breakout of bearish trendline and new bull market 3. Reject, slice through 28-30K directly for retest of previous ATH. Personally, I believe that 3rd option has most chances...
Hi guys, It seems BTC tried to make a breakout in the last couple of days and now is retesting the 0.618 retracement level. If this holds we should see a run towards the 41.500$ levels soon. If it doesn't hold it would mean that a visit to the 23.600$ lows should occur. Prepared to sell at over 37000$, ready to buy around 23-24k. Fibonacci 4.236 level stands at...
Over the past few weeks, despite the numerous calls for the bottom and trend reversal, we kept our bearish stance on Bitcoin. Today it has plunged below 25 000 USD, hitting our price target and constituting a new low. We continue to maintain a bearish stance on Bitcoin. As a result, we would like to update the short-term price target for BTCUSD to 23 000 USD and...
BTC has been in a sharp bear market that is about 90% behind it. In the coming 1-10 days I see the final collapse into the final low with a target of $14,100 - $18,750. DM me if you are interested into any other aspects of my methodology. Thanks.
In my opinion, the end of the cycle is around 13000$ to 15000$. Let's see.
My buy range has been triggered which is between $22,000 and the 2018 bull run high of $20,000. I am quite bullish on a significant bounce from within this range.
BTC is obviously in a strong downtrend. It reminds me 20k to 3k. As a predictive minded trader, going between 13k-14k is not challenging. It's a matter of time, not how. Maybe in Oct., maybe sooner. Let's see.
BTCUSDT trade has broken first defence Line which was $30k-$27k trade. Now trade is in the final stage of correction and flash crash situation trade can go and bounce back within matters of the time from $20k-$17k as we predicted before. Technically We can not see any sell pressure after that range. Caution: If trade breaks technical pattern then it will be...
23.04.2022 - 07:46 As long there is now LL, i think we see iHS. When we see a LL, i think RED down line is next target. When you want to long, this area is a good Option, but with SL or small Position to rebuy later low
Deeper Network DPR Crypto possibly breaking out of a M Pattern with a drop to .081cents if this pattern stays Bearish. This maybe the last bottom to buy into because it looks like BTC Bitcoin may hit its bottom in the next week or two. If this happens then we are off to the races again. Bullish News: 6/12/2022 CoinDesk Consensus 2022 Web3 Pitch Fest Extreme Tech...
This is a super pivotal moment for the bitcoin correction. The candle is currently holding support on the bottom trendline of the wedge. However it wouldn’t surprise me to see the candle send a brief wick down to the monthly 50ma (in orange) which is double reinforced support with the grey line of the logarithmic regression rainbow. I could see us sending a wick...
The weekly RSI on USDT chart has hit a new record! We now more overbought on the RSI than the covid crash of March 2020 , as you can see whenever we peak above the 70 zone we normally get a major bottom of some kind. I use this chart alot infact I use it to trade with Bitcoin side by side it gives you amazing confirmation , check out the TA below , using this...
BTC/USD Daily cautiously bearish. *BTC has finally broken down below the 50/50 uptrend line from April 2017 and now risks falling to retest the official uptrend line from April 2017 (for the first time since October 2020) at $15k-$19k. All eyes are on the FOMC meeting this Wednesday when the Fed will decide whether to go through with another 50bp rate hike or be...
As i said before in my previous analysis, 28000$ was a possible price for #btc that finally achieved . The huge downtrend occurred and it seems to be continue ... Also The trend line on the chart played as a resistance . Based on the analysis and the situation of whole crypto market, bitcoin will have a short rest and after that, the next goal will be 24000$
Let's see the situation of cryptoCurrencies clearly these days . All cryptos related to bitcoin directly or indirectly and It is obvious that the market is experiencing a deep downtrend these days. #Bitcoin lost almost half of its value and every trade in this market is like a gambling . The last word : based on technical analysis, it seems that #DOGECOIN...
#Bitcoin Bear Flag Analysis #BTCUSDT -20% down After Break down. Still Expecting More Bear Leg down but Expecting One Leg up before Down Move. If Hold $22500 Level then We can see Retest Level $28500 otherwise Drop Toward $19000 Keep an eye on $22500 Level
Hi fellow traders, we can still see one last wave lower on BTCUSD. Target the 25.5k area. After that we will wait for a huge long opportunity and avoid selling any further. Goodluck!
Hi guys! Please, support this idea and click the LIKE button. Thank you! So, here we are again approaching the 200-Week MA. It has been the ultimate support for BTC since it appeared on the weekly chart. Add the 1.618 Fib Extension to it and you’ll get a perfect tool for identifying bottoms 200-Week MA + 1.618 Fib extension perfectly caught the bottom in...