If BTC close this week below purple trend line (@29,500) likely targets 25k, 22k and even 18k. If it close above purple trend line and next week closes above this trend line in green, upside targets 33k, blue trend line. Close above 33k, next upside target 40k Let's see how it close this week in couple of hours.
Hello, everyone! Today I found that the bounce which I am waiting for can be even stronger than I supposed. If we take a look at the BTC chart we can see that the trendline which was broken at $38k have not been even retested. The weekly Fibonacci golden pocket is located exactly next to this trendline. The bullish divergence is also forming with the RSI on the...
With this huge range Bitcoin has been trading in, this recent fakeout on the 27-28 feels like the 31k fakeout on the 15-16 of this month. Not a big diagonal guy, but I like the level break here if we can hold it/29k. I also don't trade on weekends so this is solely for thoughts and ideas, not even paper trading this. Break of the 29k level and I'm thinking we...
Waiting to see what happens, obviously downwards favoured, if price hits ~1710 again on ETH would not expect it to hold again. BTC the plan is still in place and have PT's to what some would consider ridiculous. Don't let your bias affect your positioning, trade the trend, although if you're not in a position right now you're pretty late to the party Soon btc...
crab harmonic pattern: X=$0.00001536 A=-0.0.00000014 AB=0.61 XA BC=0.38 AB
As you can see, BTC's price has been IN RED for 9 consecutive week. N-I-N-E weekly candles IN RED! That is historic and extremely bearish. But if there is one thing we learned so far is that THE MARKET MOVES IN CYCLES. Nothing goes straight down forever, not even Bitcoin. Could the next weekly candle turn GREEN? So long 29k support holds, there is a good...
Price action shows us sol can rise more than BTC in the next couple of hours.
It's been roughly a bear market for a while now, and where will be the bottom is a hot topic these days. In my opinion, BTC has still room to drop until the real capitulation happens; therefore I can imagine a classic 80% Drop from its all-time high which is arguably in confluence with some powerful levels, including two long time frame Fib levels. Of course, in...
>According to me short position holder may liquidate or price may hit there stop loss before going towards the target. so it is better to put stop loss far away from the area of value. >Another way you can use small position size with large stop loss to improve your risk management.
Either we go up from here and bounce off the next monthly incoming pivot/H3 or we retest our lows once more and then make a range move up. will see in the next week one or the other likely
in the middle of linear regression 3hour channel. breaking L4 or H4 should result in levels 5 and 6 if they are broken today. these are intraday camarilla pivots. so the levels and targets remain true for today. It is still possible we go sideways. oscillation starting to look like it favors down on mid term time frames, up on small time frames. and on weekly...
between H3 and L3 is ranging. If you want to catch breakout scalp of this small range wait for hourly close above H4 (then stop at H3) or below L4 (then stop at L3). The targets for either break is levels 5 and 6. Analysis done with camarilla pivots daily levels
In my opinion, $btc will up to 30800 But it has a strong resistance, Which $btc has bounced back a few times in the past 30800-30300 If $btc can outrun the price, the next point will be 36400-37500 So: I'm probably going up from two places: First one: 30 MAY: If $btc up to 37k after 30 May, We'll get another oscillatory range after June 10 between 35-37 and after...
Wait for a Breakout & PullBack. Like and Comment will be hugely appreciated, thank you so much for your support. See other ideas below too! RISK DISCLAIMER: Trading Futures ,Forex, CFDs, Stocks and Cryptocurrency involves a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future...
Hello, everyone! If you hate me because I told you every day about the Bitcoin pump, but the market continues steadily to go down. I still believe that the pump must occur next couple of days. I showed you different indicators and analysis approaches, all of them shows the bullish signals. What is next for the BTC? If we take a look at the 1D timeframe we can...
Hello traders, I want to say, that I see still bear market and today confirmed that, I do not think, that we will go up, but everything is possible. I wait for support on 25700 and 20700, I think, that we can go more down my main target to buy is 12.000 dollars and we will see if this correction can go so down, but situation in the world, tell me...
long at smile ... sell at reverse smile... this analysis is not from my baby Sid... its conducted by myself ... do your very own research . always invest what you afford to lose ... its simple as that ...
Bitcoins dominance can be used to help understand the market cycles and the mechanisms of money flow that happens within a cycle Last bear market Bitcoin made a reclamation move of 77% on Bitcoin dominance. This bear market the clear target is a 20% reclamation move of dominance. What does this mean? The ascendency of Bitcoin dominance is the indicator of a bear...