#BTC | #USDT It is possible that Bitcoin go to $40.4k - $40.6k for a retest! We will also have weekly candle closing coming up. RSI on 1hr had bearish divergence before the huge breakdown, now Bulls are trying to reclaim the lost 50 zone on RSI & to retest the RSI breakdown. Finger crossed 🤞 #bitcoin #cryptocurrency
I believe this is what is going to happen otherwise, there's no way we will reconnect with the original trend line! See you at the top
Hello, everyone! I told some time ago that began to learn about the Wyckoff methodology and today I wanna show you very interesting scenario for the Bitcoin based on this approach. Earlier I thought that the accumulations and distributions can be represented only as the horizontal ranges, but the advanced textbook (what a kind man shared with me, thank you so...
Don't panic. We have some support here. Please tell me your ideas in the comments.
Find below the update for the BTC USDT - Graph long term, with the Elliot wave. BTC still following the upward long term trend
The bear flag is a type of flag pattern that occurs within the downtrend.
Showing my goals on the map below, I predict BTC will be worth $72K in July. It repeats old candles.
We can never predict the future without looking to the past ! Many analysts and traders are involved these days in latest short or mid term trend lines or small scale channels. They may use some other tools like Ichimoku clouds or pitchfork for opening a long or short position however, non of them can give us an insight to what is happening in BTC these...
How was your trading week? Did you get trapped by the market maker or did you take my analysis into account? If you got trapped, you should scratch your head because it was obvious what was about to come. No worries though, you live and you learn. I'll keep posting my thoughts and analyses out loud here and I am not your financial advisor but I do like to help...
Traders, Let's take a look at the charts after this bloody day in the U.S. markets. - Stewdam.us
Same here again famz, need the daily to close above the support trend line to avoid a short term bearish outlook and even better a bounce after the close above with some volume. If closes below, my target is $36,500. Close above then we need to flip $42k with a closed candle above.
Hello, everyone! Yesterday I told you that I don’t like the rejection from 0.38 Fibonacci level with two short squeezes. It means that the liquidity from the short positions was collected. I expected Fibonacci golden pocket and broken trendline 1 retest before dump, but closed the rest of long position because felt that the dump is almost guaranteed. The...
We can see here that the SPX and BTC are highly correlated... We can see BTC (Black line) moving ahead on the drop. We can see the SPX dropping to 4262 short-term... We have clear and strong bearish signals to support his call. We also have a GAP that is about to be filled on this drop. What does this means for BTC (Bitcoin)? We can say $36/$37,000 on the next...
watch for BTC dominance move up a bit and come back to the downside. Do not freak out, this does not mean the price will crash...it just means that some of the money will come out of BTC and be moved into the Alt-coin market...which will make the Alt coins scream bullishWhen Bitcoin Dominance gets to 39%-31% thats when ALT coins will absolutely RIP!
How I think the RSI will bottom based on past moves and current pattern.
-both have broken upward or downward ML -Both have removed an opposing zone/pivot points -Valid to buy/sell are both zones or use as a higher timeframe and can you use a lower timeframe for entry.