#BITCOIN Do not loss hope on BTC, BTC is the only hope again Inflation and it will be world currency soon. Hold Tight its time for this roller-coaster ride to go UPSIDE
after further review it seems the intuitions have set a trap that they di back in 2018, if this plays out we could be headed to 24K - 25k THINGS CHANGE GUYS , WHAT I WOULD DO IS HEADGE UR POSITIONS WITH LEVERAGE AND DCA, STAY STRONG , ILL ALWAYS GIVE YALL THE TRUTH
Entry now! SL: 33,4 TP: SHOWN ON CHART Loong time baby!!!
Still bullish based on Macd's appearance and the channel the price is currently in.I don't see any reason why it shouldn't go to the red shaded area.
This is BTC/USD Weekly view. It clearly shows ther there is a down action. Support areas are just for a stop not price reverse. I will call reverse when I see one.
Following my last post BTC broke the trend line and has approached the blue line as shown on chart. Now for current scenario: Wicks are meant to be filled, and as we've witnessed in this chart also wicks are getting filled even if it takes a month or two. One is remaining and once it gets filled we'll arrive at a key zone (33k-32.5k) and can expect a rebound from...
Hello, everyone! Yesterday I made the global overview on the Bitcoin and we supposed that it is in the distribution phase and the markdown stage has started because of impulse breakdown of the trendline on the increased volume. Today we are going to talk about local potential long trade. Let’s take a look at the BTC chart of the WhiteBit exchange. If we use the...
Making head and shoulder pattern in 1 month time frame.
As you can see in the chart above, the price has reached the bottom of our hypothetical channel and formed an important PRZ area. There are two possible scenarios for Bitcoin: 1) Ascending scenario (1) - in case of failure of the resistance dynamic line. 2) Downside Scenario (2) - If the price stabilizes below $ 34,300. -------------------- -4H Chart In any...
An updated version of my old chart analysis.
Prz levels can Pull the price towards itself... 1. Fib 38.2 of a long main wave 2. Two harmonic famous pattern 3.the middle of full body candel 4.Weak monthly level and shrinking bubble And more reason for it that I can not Paint all in chart Careful it's just my opinion and maybe false. (Monthly chart btc)
BTC update lower timeframe: Didn't get a sharp correction for 4 overnight. expected this one, however, 4 turned out as a triangle. BTC is now on last impulse for 5 of c of x. after this last dip, we have to wait for a 5 up 3 down to open a long position.
Our short-term price target of 37 500 USD was reached just recently. Therefore, we would like to update our thoughts and change our medium-term price target of 35 000 USD to a short-term price target. Subsequently, we would set a new medium-term price target of 32 500 USD. We continue to maintain a bearish stance on the overall cryptocurrency market as we expect...
Nice rejection by 200 day MA. History repeats here. A probable expectation, based on the last unwind from it's blow-off peak, is a target of 11k, and a minimum recovery time to the ATH of 1099 days, or around November 2024.
greetings, what i have portrayed here is a potential path btc could take to get to the 22k algo target. (not saying this is what's going to happen; this is just an idea). ----- it's not going to be straight down like some people are expecting; we'll see a short squeeze somewhere along the way to push the bears out of the market before the final leg down...
Hi, crypto traders. Last week, once the candle went up and broke 5MA and 20MA to the upper side. But after reaching 40,000USD, it started to go down and already broke 5MA and 20MA to the lower side again. The sequential order is as follows. 60MA (green) = 100MA (black) > 20MA (blue) > 5MA (red) > the candle. The trend is a strong downtrend now. If the candle...
The amount of bidders here surprises me, to be honest. These wicks are showing clear accumulation. Seems like there are many who are expecting some insane reversal to regain all this lost ground. From a TA perspective, this is what I would consider very wishful thinking and is commonly known as "Catching the falling knife" . I mean just look at the number of...
Aggressive Sell Offs look to be coming into play soon, We are on our 6th touch of the Trend Line on the weekly, with a close outside into the wicks on the Daily, Monthly is looking to turn as well, I see a level of interest marked below, to take up to where price lost control at, this does not need to happen but presents a High Risk to Reward setup, if I were to...