BTC is about to close a second weekly candle under the 50MA (in yellow) after testing it as resistance. This is a major bearish signal not seen since 2018. Moreover, the weekly OBV indicator fell under the moving averages... just like in 2018... Maybe the 100MA in green could hold as support, but I am not optimistic. The true support to date, looking at the...
The link marines have a sour taste in their mouth , they are confused on why the link is not going up . If you go to the official chain link twitter you can see with every official link post showing the project's massive progress is met with a wave of angry investors asking why the price is falling and calling for the end of Chain link . All we need to do is...
- Bitcoin is currently breaking out of the falling wedge pattern on the 4h chart! - Probably this could be a final consolidation and now we are heading to a great uptrend. - We have found a support on the previous triangle POC, which you can see on the chart. - I think we are definitely ready for a massive uptrend!
RADUSDT looks nice to buy for a quick trade of a take profit of around 18%.
bearish symmetrical triangle is going to complete , volume divergence ( weak hands buying ) , if btc cross down the daily flag , it can come down to 37200 but it has very strong ressistance at 39000. if this idea happen , we should be ready for bears riding
Hi, crypto traders. Last week, the candle went down and broke 60MA to the lower side. After reaching 39,200USD, it bounced a little bit and keeps 40,000USD level. The sequential order is as follows. 20MA (blue) > 60MA (green) = 100MA (black) > 5MA (red) = the candle. Because MA lines are very close, it's difficult to predict the next move. But since the lowest...
depending on market infrastructure bearsh on 1d chart of btc this a good example how to analysis the market depending on the market infrastructure to notes here the VWAPS also a good indicator
Let's keep it short n sweet. No reason to fluff up the dialogue. Bitcoin Macro Bottoms are on average a once in a three year event. Bitcoin Price Action tends to have a slight correlation with the bottom of the S&P 500; however, I'm this isn't to talk about the price of the S&P 500 but something that has a higher correlation, and that is the 12D RSI of it. ...
Hey famz, BTC continues to hold above daily support trend line, and now for a while $40,000 horizontal support, would like to see an increase in volume to get more of a pop, however it is Easter weekend, so a bit uneasy here to be confident either way.
What do you think of this idea? What is your opinion? Share it in the comments📄🖌 If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊 P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
My chart speaks it all. Sometimes it is so great to analyse the inverse chart because mostly we are bull biased in crypto. Let me know what you see and think in the comments. Cheers, Nav
put buystop in up, sellstop in low is good idea for now (very low size with SL in other side low/high) in Green, Red Arrow we can put buylimit, sellimit too(slow=2000) if you have old buy, put SL in low
After getting rejected like 2018 by 200MA, this bear flag looks ready to drop. Measured-move 13k.
According to the wave count, we expect the formation of a double zigzag pattern. Our W wave was formed from 69,000 to 32,800, then our X-wave was formed in the form of a flat pattern from 32,800 to 48,000, and Y wave started from 48,000 and probably will continue in the range of 23,000 to 18,000. If the price penetrates above 43800, this wave count will need to be...
on the weekly chart : a red candle with a good wick rejecting the support level . on the daily chart : the price been going up rejecting the level personal opinion : the price got a 90% chance of climbing up again to the upper level . perfect opportunity for short term traders best move : waiting until a good green candle with a strong volume form to confirm the...
I am ready...what about you? 5th wave is incoming. ABC running flat completed. Channel holding. Did you pack your bags? FOLLOW ME, SHARE, LIKE AND COMMENT.
Hello, everyone! While the Bitcoin is staying at the same level let’s try to understand what is going to happen globally. We can see that the BTC is forming the 5-waves Elliott cycle during the last 3 years. Now we are in wave 4 which is represented as the flat correction. I have explained a lot of times why the wave 4 should be finished at $26000. What could be...
see bullish divergence thats very easy buy now exit 50k