Mr. Market now prices $MARA at LESS than bankruptcy value - despite radical and exponential revenue growth.
I think there are two scenarios for Bitcoin #BTC A: The first scenario is a return from the bottom of the channel to the top of the channel. B: The second scenario is breaking the line from the bottom of the canal and starting a bear market.
The last time bitcoin was not able to finish the target structure, but now is too close! 24500 -24600
*This is not financial advice, so trade at your own risks* *My team digs deep and finds stocks that are expected to perform well based off multiple confluences* *Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management !! This chart analysis is for reference purposes only !! If we fall from...
Notice that the next major support line is the same as the circle(rounded top) center line. Also, BTC is hanging on a cliff which tell us that the next move is going be harsh, either up or down (major chance going down). Obs: - Everyone is bearish now - Luna is launching scam number 2 - Crypto is a fantastic technology but YouTubers are destroying it - The...
HEX WEEKLY CHART: upon waiting for the PLS (PULSECHAIN) launch we have been in a huge downtrend...Once we here from Richard Hearts new Project PLS launch date, is when this chart will turn bullish. Thats the truth...The long rectangle support box must hold or this chart will need a Scuba Suit. RSI IS WAY OVERSOLD!
How Bad could it get? Could this be more then a sell off? Could this be liquidations caused by a trickle down effect? There are many studies showing Holders halving a substantial amount of substantial amount of Bitcoin. Regardless the lower it goes consumers/retail are buying small fractions. 23k is pegged, 15k is is pegged and 7,5K ish is Pegged. Obviously...
the intraday scalp is green. the intraweek is yellow both trades are camarilla pivot setups. enter on bounce at L3. stoploss L4. Target to close half is H3. move stop to entry to see if it grows more from there
BEARISH CASE; In my previous posts, I warned BTC may retraced to 22k, the weekly wma200. I still have a bias towards 22k. However, if you measure the height of the Jan2022 rally from 33k to 48200, BTC may even retrace 200% Fib down to 18k. A diamond continuation to 18k is also a high probability since it was the midline of the red consolidation box of Dec2020...
#BTC Weekly TF OBV shows weakness, and if it cannot hold this support, I expect to see the price drop to the $20k area with a minor reaction to $25K area(yellow box).
there will be a probable price drop to the last resistance zone on fibo retrace @ 18.5k usd. it will all depend on the next 5-7 weeks volumes, i honestly believe that the price in dip into a channel between 23-26k usd. for that we have a few signs of a market inversion, AO shows volume decompression back into the baseline zone, that will match a oversell sighn on...
QUICK VERSION: After just completing a lengthy and detailed Elliot Wave Analysist on BTC has just, I do believe that Bitcoin has finished it's first Grand Super Cycle and is going into it's second super grand cycle move since its inception. I believe we are currently in the beginning of the first impulsive move up, of the new Super Grand Cycle. For me this is an...
🔥Subscribe to the channel, get notifications about signals!🔥 #BTC update ▪️The blue lines marked a probable downward channel, in which the price is trading, I think we can drop even lower in the near future, $25500-26000 is a good price to buy. 💎I think after the weekend the market will wake up and start growing.
The trend lines of this chart together with (at the time I thought) a possible Head and Shoulders forming (a - g in Blue) together with a more significant H & S: A - G in Red was originally plotted in early December 2021. Six Months later it is uncanny how the prediction has tracked. Accordingly I now publish for your perusal. The Chart: The Image insert shows...
Hello pattern my old friend, it's been a while since you left us in a pile! Take a look a tell me what you think!
The support has broken and there is no structure to keep BTC afloat. This time it's not a whick but a solid candle.
Are you bagging the Con in Crypto Winter? Ouch, gonna be bitter. It's going far lower. There is no real Support for this Liquidation event. ___________________________________________ Well wait for the purge then arm up for the inevitable next cycle to wind up. No rush, for now, further Price destructions ahead. The Velocity will expand to the downside -...