Hi guys! Let's see the RSI on both pictures. We have this hudge diverge. All the locals hights of BTC had lowe hights for RSI and pullbacks. Now we are aproaching the moment we will break this divergence. Don't forget the MACD that screams BUY. I know, all fundamentals are saying I should be bearish and especialy on the riscky assets, I'm verry bullish on BTC. We...
Currently, Bitcoin is Approaching the 45k Resistance and it may Retest it for the 5th Time. We got rejected here for 4 Times earlier but this time, There are 2 Charts that additionally Support the bulls. They are A bullish Total market cap chart and a Bearish USDT Dominance chart. Currently, The 45k resistance is strong and we have the resistance coming from the...
Not enough volume yet to call this a confirmation of the breakout but that wick retest as support on the current candle is encouraging. If it triggers we will probably test the resistance of the 200 daily ma next around 47.8 - 48k. The 4hr chart symmetrical triangle(not shown here) we broke up from a week or so ago has a measured move target somewhere near 49k if...
Anticipating 40k holding, we make a model with a possible W for WIN. Bitcoin breaks out of this downward channel and makes support on neckline 44k to validate. Current range 45k to 41k Invalidation if 40k fails to hold. Removed indicators
Bitcoin buyers are now showing strength and the entire crypto market is actively growing. After we hit the key level $42600 we did not see further growth. A short-term pullback is possible. After the price reaches the key level of $40,000, many traders will take short positions on the breakout.They will be the fuel for the movement up and provide liquidity to...
Key points: - Price has test and retest the lower parallel line (Price typically runs out of energy at the reaction line) - Price is in a range and needs to decide direction before we can make our trade decision. - Price is above the 200 moving average for over 60 days. - Overall on balance of probability, price should go higher from this point but we cannot...
short-term LONG BTC FROM 37500 🐮 EP: 37500 ✔️ TP1: 38700 ✔️ TP2: 39800 ✔️ TP3: 41700 🛑 SL: close 4h/daily below 36500 LEVERAGE: 3X-5X
Plan of action for $BTC. Minor short scalp to around the $41700 level and then long to $46000-$48000
SERUM (SRM) excellent Crypto of the FTX group, after a large profit taking from $ 13 up to $ 2 is ready to load towards new records. The chart situation in the 1W chart gives us a very good entry point Market cap 440M Rank 145 BUY and HOLD
PVSRA + moving averages using the concept of the market maker this could be price bias
btc.d is making a bearish triangle while total, total 2 and total 3 are making moves, hopefully there is a mini alt season
Can you hear the volume? It is singing you a song of the bear once again... Looking to fill lower nPOC unless 20MA on H4 can hold. Notice the volume spike upon SFP. Now 42-43k should be strong wall for bears. Notice the volume cluster pushing us up to local highs and new volume cluster rejecting 43k. Expecting 40-43k chop for a couple of...
Hello, everyone! Yesterday I executed the short position and it’s wondering that it’s still active. After the last short trade was unsuccessful I am trying to catch the very high again to be in short position while the final bear market dump will be according to my main global analysis. To be honest I don’t think that this trade will be successful too because BTC...
This is the way I think about Bitcoin, and please don't forget to stop loss after breaking the triangle.
Here is a very interesting comparison to the 2018 Bear Market. There are some uncanny similarities between the two. I think the most important thing to take note of here is just how much resistance BTC is fighting and it's already broken below a key level. RSI is approaching resistance and will be detrimental to see how price reacts in this area. This is just...
interesting 15 min. fib wedgies are and bull print are looking identical. I got 1000$ going up, any takers? oh yeah macd used as well. RSI i still question till this day, might stop using it. ooh yea, sorry for the chart mess, just needed to know what i was looking at. Notice the time frames in between highs and lows. keep in mind about 2-3 hour on major...
FIL has broken broken out finally as we suspected. Looking for target 1 but plenty to go for this one.