Today, I will share long time view about BTC . It is my plan for next few months. - 2017 - 2018 / 2021 - 2022 First, I divided the price range from 2017 - 2018 and thereafter to the high in 2021 into blue and green boxes, respectively. We can think of it as a large division of the price range in which BTC moves in each cycle (I will refer to the bull market that...
LPPLS: According to the graph for the weekly session, the range of volatility is decreasing with each cycle, consolidating in 2030 is the time when Dave's model confirms deviations from Harold's model. The shape of the oscillation resembles a damped oscillation for a physical pendulum: amplitude and frequency decrease with each cycle. This shows that profit...
If we Observe Bitcoin In bigger Timeframes like Weekly, we Can Understand that the Price is gonna Reach 97k! So Here we are trying to Explain why. As you can See This Whole Bullish Trend which Started From Ending of 2020,Is in a BIG Ascending Triangle.The Price Has Not been able to Break 70k Resistance,Not Even Once! So &70K is a Huge Problem For Bulls! as you...
There has been a lot of talk lately about a breakout for Bitcoin, but the upper trend line of this chart clearly shows we are in a bear market and that we are about to go further down. In fact, it seems we are just about to hit the 'red' zone of the Gaussian channel. Bitcoin hit the upper, black trend line perfectly in April of 2021. Thereafter, Btc made a...
Along with Fibonacci / harmonic patterns - and also using BTC past price action as a vector, this scenario seems plausible to me. * at point C. in this harmonic pattern I don't think there will be a sudden drop in bitcoin price(at least any more than usual ;) *but rather a smooth consistent markdown. This chart is an idea and should not be traded around. ...
These patterns are always hit or miss. This one is on of of my faves.. This chart is entirely speculative and should not be traded around.. The pattern offers a solution (to me anyways, in how btc gets to the local 1.618) Have a great weekend, best regards
Next Bearish Market Started Or This Is only one Pullback???
Very beginner practicing charting. Double top formation in previous weeks with BTC pullback. Appears can test new highs from or continue in current trend.
Hello, everyone! Yesterday I told you that believe in bounce to the upside to $45000, but today I am not sure that the BTC will give me the nice entry point for the short trade. Let’s take a look at the trendline 1 – this is the true trendline, it means that while the Bitcoin price is above it we are in the local uptrend. My idea was the bounce to the...
Zone Resistance on Bitcoin chart. Deep learning recommends short position. 1st Target $41k. This idea is 100% compatible with our previous wedge idea.
Was an expanding flat all along? Seems very likely. 1.236 AB Ext is looking like a likely endpoint candidate. 1.618 AB Ext depending on where you place wave 1 on the way up may invalidate the wave 4 traversing wave 1 rule.
Btcusd long entry point Elliotwaveanalysics Supplyanddemand Fibretracement Wychoff All are involve First tp is 2rr Second tp is open . Manage with your own risk.
BINANCE:BTCUSDT We can see the price increase up to the specified area,from here or the 41,000 zone
GOOD EVENING, we are between resistance and support so there are 2 possibilities: 1)if it goes in an uptrend directly we buy at 44920.00 2)if it breaks at the resistance it will become a support and we buy it at 39535.00 all these indicators say buy in a loud voice. so BUY and open your wallets.🤑 GOOD LUCK.❤️
Panic sellers are in force so I added to my long and moved my S/L
Hello everyone We are near to 0.5 Fib area and the weekly TF will be closed tomorrow so I don't think it will be closed without any wicks. Plus the volume is decreasing and there is divergence in 4h TF. Price is 62% down without taking any breath. I think price will jump soon (maybe on 0.5 fib) and the targets are 29.41 (0.618 Fib) and 41.54 (0.786 Fib)
I'm overall bearish on BTC and expect it to dump to the mid 20s, but just wanted to see how much more engagement I get for a bullish title. There actually is a play for a quick scalp here, but it's very risky and requires a tight stop in case the longer term traders do go ahead and dump everything harder.
Bitcoin weekly has had two evening star candles in short period of time as the markets grapple with sharply rising prices, declining sales, and a massive labor shortage. Markets are beginning to price in rate hikes, but have yet to entertain the implications of rampant, widespread inflation or the reality of an aging population with low and continuing lower...