It Appears we are rejecting our Weekly Support Level at 33,500 We can see a Range forming above the Lows which Is a good sign for the Bulls Holding 35K Psychological Price point. We have a few scnearios that can play out. 1 We go Retest the Lows , which is where most Long term and positions traders are looking, which I think is most likely. 2 We continue to Range...
Long wicks on top during periods of strong volume shows signs of strong rejection Right now looking at a spinning top neutral candle with 30 mins left in this 4 hour period which has strong buy volume. Weak price action with decent volume tells me that bulls are starting to capitulate observe 4 hour buy periods v 4 hour sell periods and compare their...
Interesting Time Fib lands May 18 2022 which also lines up with 4.236 circle fib. This date could be the bottom for Bitcoin , price could easily wick down to 25k before closing at the 1.618 Fib at 28k. Best time to take profit would be sometime late March at 0.618 Fib at 51k.
Hello, everyone! The correlation between S&P500 and the Bitcoin is annoing me to be honest. As you know, I executed long position on the $36300 according to the strongest signal in TA. I wanted to catch the big bounce, but the fact that the correlation with traditional market is high, I understand that the Bitcoin haven’t much time to grow. The S&P500 have just...
As I see it now I expect a scenario like this. First taking some more liquidity on the upside before a massive drop towards low 30K region. Where we will probably find a bottom. We are behaving in a bigger range between 38K and 33K. We swept the highs, next is a sweep of the lows before a massive bullish breakout.
GALA has been one of the hottest cryptos of late 2021. In a mere 2 weeks time, this token gained over 900% profits, all due to the metaverse-hype. However, this metaverse fueled move has caused GALA to make a huge bubble-pattern. I'm sure that you have seen the picture on the left before, so I won't go over it too much. Most importantly, I think that we're...
With the Bitcoin dump kind of over, ROSE found strong support on the upward sloping trend line. This trend line has been holding since late July. Every time ROSE has visited this trend line, it held, and eventually caused a huge move up. Assuming that BTC has bottomed, I wouldn't be surprised if we're going to see another strong bullish move in the coming...
When Bitcoin was on its support, many fundamentalities broke it Bitcoin is now completing the pullback to the broken level The best fall rate is 10% Take care of your capital
Hello friends, today you can review the technical analysis idea on a 1W linear scale chart for the Bitcoin (BTCUSD). The chart is self-explanatory. The price recently formed a bear flag and now it has been breaking down. Also, the price broke below the Support and Resistance Line with an attempt to go back above it however it failed. Since that point, the price...
I’m not sure why because the crypto market is underperforming right now but Algo seems to be in a spot as far as my technicals are concerned that would indicate a move upward toward its 4 hour chart 200 DEMA. I AM NOT ADVISING THIS RISKY TRADE …. Please trade w caution
First we pump to damn near previous ATH. Retail who is currently panic selling and shitting their pants are in disbelief, they FOMO in and provide us with exit liquidity. We proceed to print a nasty head and shoulders on the weekly and then its goblin town. The past, the present and the future occur simultaneously. Everything that is always has been and...
Let's see how BTC is behaving. This is a 1H chart. (Valid for 24 hours) We were right about the support level. The Fib retracement shows that the price is consolidating in a sideways channel and gathering buy volumes. Support levels: $35530 - $34250 Resistance Area: $36550 - $37500 (Bollinger Bands can work as support and resistance too) The market is...
Go to right bar, right click disable auto lock and hover over pages to read. As you can read you will see what you read happen soon, this has been in the works from time immemorial The quicker you realise what's coming, the quicker you will see this world has shifted into a new order. BITSTAMP:BTCUSD COINBASE:BTCUSD BYBIT:BTCUSD BITFINEX:BTCUSD ...
I'm not an expert in Wyckoffe patterns and this could be breaking the rules around structure, but it looks like there is a pattern playing out here
BTC Fresh Prediction For The Upcoming Move Be Aware It will Drop According to my Entry. Because you just see a technical analysis, but it,s more than Technical Analysis. _Huge Short order on 39k . _Whales Huge SHORT Order on 39K. NOT A FINANCIAL ADVICE! HAPPY TRADING
If Bitcoin Can not Maintain its Support , We Can See Lower Targets About 20_16K !
Hello Everyone Btc Has created bearish flag on 4h chart struggling to stay above 35k but i think we got a fall toward 32k & lower . sell pressure if high - Capital outflow is high - volume is low - fear is very high all this cause a bloody fall in short-term NOT A COMMERCIAL ADVICE BE CAREFUL ABOUT YOUR POSITION ALWAYS CONSIDER SL IN YOUR TRADES
Mumbo = bad Wumbo = good McDonald's has been very active on crypto twitter: They have flipped the M!