As we can see price is receiving strong and major support zones here and we are looking for an expected rise here to the targets and resistances that are mentioned on the chart. Major supports ahead: A. 36000$ B. 32000$ C. 29000$ Major resistances ahead: A. 46000$ B. 49000$ C. 52000$ <>
IF the DXY plays out in a similar fractal to before, BTC could top on any of the following red lines
If we take the 2020/21 Fractual, could the dollar be about to get weaker once again with a LONGER then expected BTC rally full of war and more global FUD?
At the moment bitcoin is in the zone. 3 times went beyond its limits, but did not manage to consolidate higher. At the same time, the price is starting to tighten. I would not be surprised if soon we will draw a triangle.
Make of this what you will, I thought this macro perspective was neat. The lack of bullish divergences and the current structure of this formation we are in makes me think we see a further dip down before up unfortunately. We could also hold here at the level of CVD divergence as support. However in this geopolitical climate, anything can happen. The green/red...
What if it was this easy? No indicators, no log chart, just a channel we've been in since December. If this leg takes as long as the last two, we're looking at ~$73000 around the 4th of July
Whoever decided to ignore Volume... Thanks..you pissed him off. Volume tells the true story that PA sometimes hides. Don't ever forget, or he may come back to say FU again! LOL
Btc to short. Complete trend down. Will bump imbalance to go down to orderblock
BTC has bounced off the support trendline which is great to see as we have some alts we have some great formations like FIL etc
BTC/USD chart shows me the symmetrical triangle pattern at 4hours time frame we must stay to see price break the top of the triangle or from the bottom but at this moment I can see RSI trend have break the ascending trendline and for me it means more likely to break from below of the triangle .
Is history just repeating itself? If we just zoom out, could there be a cycle top i 2-3 years?
$BTC to possibly mitigate this POI/Imbalance before going short into the lows I have marked below. Daily timeframe supports this as lows were swept before this move up so we are looking for upside targets to go short from as we are still in bearish structure.
Bitcoin is a decentralized cryptocurrency originally described in a 2008 whitepaper by a person, or group of people, using the alias Satoshi Nakamoto. It was launched soon after, in January 2009. update
Long L3. target H3. stop L4 Short H3. target L3. stop H4 long break of H4 target H5/6 stop H3 short break of L4 target L5/6 stop L3 TA with camarilla pivots daily levels
As we can see the price now is near local + Major support zones and if these supports remain valid we can expect at least a local pump here to the first resistance zones that are trendline resistance zones. Then if trendlines resistance breaks more pump is ahead to the targets that are mentioned on the chart. Notice: price can fall only if 35K support breaks and...
BTC again trading at choppy zone, bounce to test 42k then 46.2K or lose 38.8k to test 37k - 34k
Current H4 look into Bitcoin... We just tagged the EMAs and sharply rejected. Currently sandwiched between LTF support and resistance. Will want to see an H1 close above or below to signal a move towards nPOCs. —————————————————————————————— Top 10 trading tips: 1. DO NOT FOMO into a trade. Let it come to you. Don’t force it. 2. Find a strategy that works for...
FIL is coming to the pointy end and I am hoping for a break of the resistance trend line and a trend reversal to the upside and a breakout. Keeping a close eye on it for sure.