You can see here on the weekly chart that price action has been respecting this rising channel for a bit. On a higher time frame than this, this channel may also very well be a bull flag as well. *not financial advice*
Hey everyone. I've been wanting to make another GOOD chart for you guys for a while now. Lately I've been so busy working and just too tired to go all out and publish charts as frequently as I would like. I've been trying to at least post quick market updates and important levels to watch via Twitter to hold you over. Anyways, hopefully everyone is well and...
2 consecutive daily closes above the wedge’s top trendline. This hasn’t happened before on this wedge and we’ve been in this wedge since October! Of course this doesn’t confirm a breakout or anything just yet but does increase our probabilities of one…still a chance a fakeout could occur here instead so must remain vigilant. I’m thinking to cool off some stochrsi...
BTC closed its 39.3k - 40.5k imbalance today, as you can see its a 100% calculated movement and the candle stopped EXACTLY at the top line of the IB. This is another proof that the market is manipulated and a reason to believe in the SM Concept -...
Hi, crypto traders. Once the price reached 20MA, but it bounced and broke 5MA to the lower side. After that, it bounced from 36,250USD, then broke 5MA and 20MA together to the upper side. Now the sequential order is as follows. 100MA (black) > 60MA (green) > the candle > 5MA (red) > 20MA (blue). It seems the long downtrend was finished and we can see the next...
rip bears, time for bul bull bull marketttt yeahhh
wahndo wants to see $BTC break out of this channel this weekend; at least.
$47799 and $54900 are the nest area of resistance for BTC.
After the successful break out of the long resistance, BTC needs to close above 40k and head to the upper level before confirmation
We didn't fall at 28.5k-30k as it was possibile. Now, we need confirmation the new trend reaching 44-45k and it will be start of very bullish phase. This is very bullish scenario, I will publish also another, also bullish but maybe more real. xD
Bitcoin to the mooooon!!! LOL BTC has been on a downtrend since Nov 10th of last year. It's amazing how and slightly green day and everyone goes nuts. Let's see if BTC can have a daily closing above 41k, then we can revisit the charts. What's your thoughts?
Target 1 was reached accurately: 36.5K Now if we managed to hold the 35.2K level which is exactly the golden pocket fibonacci retracement then a bullish move to above 40K becomes more likelihood. Breaking the support box of 36.5 to 35.2K would take us to the next target which was below 33K.
For the 2nd time in almost 4 months Bitcoin has the chance to reverse the bear market it has been in!! This is just a piercing hopefully we dont see a fakeout but this is big news. What this signals is the crypto market now has a chance of going into a bull market. Very exciting. I will be posting updates and maybe a video if we really ramp up but this is a big big move!
DON'T BE CAUGHT OFF GUARD!! Please watch for my clear forecast of where we are headed. MUST WATCH! Here's a video explaining my thoughts on the correlation between the 200SMA and the 300EMA. Clear evidence of BTC past market behavior and how this is a forecast for current market.
previously posted for a long entry on weekly L3 with target H3. There are two potential setups from here in the making if btc rejects and finds resistance on the H3... short with target of L3 or lower and stoploss at H4. If already long take partial profits. If not wait for break and retest of H4 with target H5 and above and stoploss at H3 analysis on...
BTC 4h Timeframe Updates Strong Support And Resistance Mention Btc Retesting Mode On Btc Bounce back Zone 36800$ to 37400$ Btc Strong Support 36500$ but Weekend Start May be Btc Face 34k Zone Spot traders Buying In parts By ScorpionCrypto
BTC May also print a Head and shoulders reversal pattern below the trendline. Watch out for it.
Larger Down ahead. Up to you Coiners, it's 28K or 49K Happy Hunting.