BTC bitcoin / 3 months, 2 months, 1 month, 1 week, 1 day, 12 hours, 4 hours, 30 minutes, normal coordinate K line
End of an era, and one of the most beautiful shorts offered by the market in years. I would wait for resolution of SPY before proceeding. Optimal place for short would be the re-test of 30k, if it happens. Have fun.
On average BTC moves anywhere from 30% to 50% between support and resistance on the daily, except for the few big moves up or down. On previous consolidation levels you can see how precise 31% is. I believe BTC will be trading from 25k to 33k for a while to form a chart pattern. After it forms a pattern I want to see it go to 19k to confirm my previous idea. Go...
BTC daily chart has now fell into the biggest area of support to stay on track for a nice retracement up to the Golden Pocket Zone. IF BTC falls, these are the areas of support. But look at the RSI...look at the circles I drew up...Every time BTC RSI was OVERSOLD in the Black area, the price made a nice move up. History should repeat itself, right?, take a look...
Just going to leave this here as we head into the weekend. I don't claim to have a crystal ball but I'm going to go out on a limb here and say BTC simply hasn't made a long-term bottom . BTC can bounce to $34,000-$35,000. From there I'm expecting another move down to test the 200W MA or the exact middle of the Channel. Too much confluence in this area. ...
Let's do the point ! // Update #14.2 I don't have much time to write this update, so for the full recap I invite you to read yesterday's update (attached under). So, it won't be a daily signal, plus, it confirms what I was thinking yesterday for the moment. Because of the volatility we've seen a nice move of +5/6% during most of the day but there wasn't...
BTC update from last post where I projected a wedge-measured move to 20k. On this 4H chat: BTC after bouncing from a low of 26591, seems to be range bound by 28-31k on a closing basis. It has fallen below all my blue trendlines & is now barely holding the red 30k pivot zone which is also at the very edge of the gray slanted FIB CHANNEL. If this weakness of lower...
Hello, everyone! As you know yesterday I bought Bitcoin according to the divergence with the MACD histogram. Also I pointed out that the countertrend line breakout is vital if we want price to reach the target of $35000 (Fibonacci golden pocket). Today BTC demonstrated this breakout but it is not sufficiently impulsive, so it can be the fake out. I am still...
1) CME gap in this Area , market is trying to fill this gap 2) important historical high level of BTC in this area which market going to pull back on it 3) weekly 200 moving average is in the same area . in the economic crisis , wars or even during Covid-19 BTC never closed below weekly 200 MA 4) if you draw a Trend-Based fib Extension from 69k to 33k you...
Bitcoin's correction has been swift, breaking down cleanly through $30k and finding support ~$27k. Strong rejection on 6hr chart at 20 EMA (approx $31k) Expecting some sideways action and retest of that support given the rapid connection of the crypto total market cap and broader economic headwinds. CPI (consumer inflation) remains extremely high, it fell...
A slow recovery of BTC will lead it towards next target that is $33K
What we are seeing now with Bitcoin and crypto is part of a never-ending cycle, the trick is to know which part of the cycle we are currently in. You'll make a small fortune by timing the bottom and the top. The bottom will reveal itself with volume and other indicators. What does the bottom look like? When price hits a point and refuses to go lower even after a...
BTC bottom found at $29k, at least for now. Clean reversal formation on the candles. Unlikely it goes lower now. Spike in volume as it bottomed. Key resistance levels on the chart: $35k, $38k and $40k Likely BTC will fall lower after this relief rally. For now bias is bullish on short term. Stay on guard. Do not FOMO! Like and follow if you liked my idea!
Which one will be the future? 130,000$ ? 67,000$? Or 19,000$ and 12,000$ ? Comment your idea below. Note: Bitcoin Mega Channel. This is my own opinion and not a buy or sell signal please trade as per your own technical analysis.
LOTS of FUD and shouting about a bear market. Some Alts are down 70% in the last few weeks! A combination of an ultra-strong dollar + stock market pull back remains the main driver for this price action but nothing has changed for our big boy bitcoin and so probability STILL heavily favours bullish extraction of the 30k-65k range. Bitcoin has been sat in a range...
By assigning the Teseo bot on the Kryll marketplace to trade XRP on the Binance portfolio, the automated strategy managed to churn out a profit during the bloodbath the market experienced. You can see the comparison of the trading bots' performance against a simple buy/hold strategy and notice that buy/hold at the time we started the bot would have led to around a...
Hi All, #BTC #BITCOIN The video does all the talking and hence I run through a few scenarios around this area which are related to previous streams. I have not checked the NASDAQ or SPX500 or DXY to confirm that its a reversal yet so we need the indicators as well as the bigger markets affiliation to feel this level or below is the right entry. All the...