The log scale + the 48 month EMA for #Bitcoin gives you some perspective where we are at the moment! The 0.382 fib. retracement based on the log scale at $23.326 could be a good accumulation zone!
Buy or long bitcoin !!!! Buy or long bitcoin !!!! Buy or long bitcoin !!!! Buy or long bitcoin !!!! Buy or long bitcoin !!!!
Bitcoin dominance is back below the 43.30% support level and is now moving towards the bottom of its long-term uptrend channel. The first support of the domain is in the range of 43.16% and the main support is in the range of 42.3 to 42.6%. We have to see how Dominance and Bitcoin will behave.
BTC following dotted line right on, bounce expected on support trendline around $38,000
Whether its the geopolitical forces at play or bulls exhausted in propping up Bitcoin, the charts speak for themselves.
Hi, crypto traders. Last week, the candle suddenly went up and broke 5MA, 20MA and 60MA to the upper side. As I mentioned in the last article, it tried to break the highest price in 10th/Feb/2022: 45,800USD, but after reaching 45,400USD, it bounced and started to go down. The price already broke 5MA, 20MA and 60MA to the lower side again. Now the sequential...
Currently #bitcoin is building a giant weekly PA range of ~$12,000. Weekly candle looks awful with price action at the bottom of it. 33K retest looks much more probably then 45K at this point. I have stop sells below red & stop buys above upper red. Stay safe $btc family.
20MA and 50MA holding the line at the moment of this post after rejected at 44.5k hz resistance and 100MA. Fork breakout failed and hz support at 41.5 (4H TF) has been lost, but still hope for daily to hold at GP and bounce back. Lose this level (above 40.5) and we are looking to test the bottom of what could be called a ascending triangle at around 38k. There...
Hello, everyone! My yesterday trade hit stop loss – OK, I lost just 1% of depo. I told that this trade was not executed by my strategy. Now I am sure that I have to use only signals which was generated by my strategy. Today I suppose that I understand which scenario the Bitcoin chose for this bear market. We will see the bottom next 3-6 months. The 5-waves...
Hello Friends! Going into the weekend, it can go either way. On the bullish side, Bitcoin MUST take out $45K 1st. Then I see BTC moving up to test 2 levels ($48.5K and $53K). On the bearish side, if Bitcoin FAILS $37.7K then I see potentially 3 downside targets ($34.4K,$32.9K, and $29.4K) As always thanks for your follows, likes, and comments. Let’s learn and...
Let's see how BTC is behaving. This is a 4H chart. (Mid-Term) The Fib retracement shows that our resistance area has rejected the price, and now it's correcting. It's a given that all markets are now fragile, so be careful with your positions. Another support level will hold the price up in case of new dumps. Support levels: $37000 - $41000 Resistance Area:...
Hi guys, Near has a potential pattern to make a long and get big profit
Alice getting hammered from Trendline Resistance again and again slowly approaching earlier bounce zone. we can think of accumulating this gem for long term from 6.6$ - 4.5$ in three ladder entries of 33% Each. Only spot buy though.
After breakout the trend line on the way to new local highs, we should break through a serious resistance zone of $45400-52000. We are now making a retest of the trend line, which we have been consolidating for more than a month.There is a very high probability that we will hold that level and we will be able to open good positions. Also, the important level...
UPDATE ON THE PREVIOUS POST: Nothing to special about this one, but we are getting closer to the first possible bounce area! (Check the previous post for more information + detailed analysis) Oli
Hi All, No mystery we had a rejection and we will range before the market makes up its mind. We have not recaptured the weekly trend so might as well take these trading opportunities . I see 2 potential trades here. All the best, S.SAri
DOT weekly chart, looking like a possible bullish reversal. there is Hidden bullish Divergence with the price having a higher low and the RSI putting in a lower low. price targets and support listed on the chart. DeMark 9 Indicator is reading there is a 80% probability the weekly candle has hit the bottom.