We lost the Bull Market Support Band, the trend lines on the chart and DXY (dollar) is pumping. The SPX,NDX put in a lower low. I think 20-25k is imminent with a big capitulation some time in the summer. No bullish argument left other than RSI bullish divergence. But the RSI also has a bearish divergence. We've bottomed around 30 RSI previous times. With the lower...
As we approach the end of the month and a very important next few weeks regarding Earnings Reports and FOMC meeting , it is going to be a true testament of strength for Q2. Right now if we are simply comparing market structure from just January 24th to now, the similarities are uncanny. Something I found most intriguing is that it bounced off support on ...
Still in the Red River of Death, bleeding the Alts dry hopefully you are playing it smart and DCA safely. If we fall to the shallow waters of the river this would be where the green circle is and the end of the river… I would expect it’s over… FUD/FUS complete… The bears will hibernate it’s greed for a while and join in as The Beast makes its way up the...
Multiple levels of support around the 37.5k area. POC, 0.786 as well as monthly level. Hopefully this holds.
target presented on the chart, simple play under the zone
There are areas of resistance that we need to overcome or areas of support that need to hold the price. It is inevitable that the course of the global markets, especially the Nasdaq, which we are in correlation with, will also affect BTC. Therefore, we must take these areas into account, especially in marginal positions.
Hello, everyone! Yesterday I had a rest that’s why there was no the analysis update. To be honest the market situation did not changed significantly. I am still in long position. Looking at the chart I can conclude that the BTC is almost ready for the bounce to the upside. I supposed that the previous local low was the the nice entry point to take the potential...
ideal targets between 77k & 81k would be the sweet spots Minimum targets between 57k & 63k max targets between 102k to 300k before we get a blow off top.
We are currently seeing a clear deviation and decoupling from the BTC/USD ratio. This has only ever happed two other times in November 2018 & February 2020. Do with the information as you will.
We saw BTC dropped to below $38200 In the 29 april that cause was heavy bleeding US stock market and that impacted on both BTC and ALTs. For now the BTC after falling is Formed a Wedge Pattern and if it could break up our resistance line could slightly increase bulls confidence and i expected price will start move upward to above 40k just like red arrow , and...
Hi everyone From the first touch of $ 30,000 to the second touch of the last 26 weeks, and from the second touch until the price reaches $ 32,000, the last 27 weeks and the third touch of the $ 30,000 reaches the 22nd of August, and until then we have to wait for our trend. Record another peak. good luck.
Looks to me that APE has pumped its last time and is on its way to searching for a floor. It was fun while it lasted with this channel being broken.
As I mentioned prior. I don’t know if its when Bitcoin is in a particular channel but it will drain alts when swinging up…(it as if its sucking the life to refuel for a massive move to launch). The bears get tired… of fighting and it is at this point there is enough fear and manipulation to cause the market to shift. Bitcoin starts to refuel for its next...
The only two levels that matter now in Bitcoin. BIG technical levels. $35k is channel support and below is major technical breakdown. Price is technically bullish since buy on Feb 4th. Neutral $53k, bullish $38k. Everything else has been noise.
BTCUSDT price is currently above support/resistance structure and price is support by ascending trendline, and price is forming a wedge like structure, if price continues to hold above the support structure, I expect the price to move higher towards next resistance. In case, If price breaks and close below the ascending trendline and support structure, then the...
The moment of fate has come for the price predictions within the technical targets that we will go according to the breaking situation of the symmetrical triangle we are currently in...
BTC making macro higher high and higher low USDT.D also making lower lower and lower high and I couldn't break renitence today we are done going down and link have a nice weekly triangle with massive support blow it so yup lets see .
TOP Side = 41000 - 41500 according to Implied Volatility and ATR BOT Side = 38000 - 38500 according to Implied Volatility and ATR Expected movement at 28April 00h between 3.5 - 4.5% movement during the day In terms of fundamentals that can affect BTC In terms of technical analysis, our product ONE TOOL TO RULE For 15 min gave a short entry around 39500. At...