ETH weekly chart...On the weekly, it continues to chart Hidden Bullish Divergence, which means the Price has a higher low and the RSI has a lower low...this is from a macro standpoint which makes it better to decipher what the overall health of ETH looks like...Now, the prices listed are supports (lower) and price targets (upper)... another note, the DeMark 9...
A falling wedge appears to be forming for btc. Alot of uncertainty right now but if we maintain this pattern and don't experience any crazy world events, we could see a upward breakout here.
Watching BTC like this is really amazing. I can see there is a structure but breaking the pattern of prediction is way more observable. this is a very cool algorithmic approach to pulling the rug. If you see it, you can ride the move.
Based on what I am seeing here in the one hour chart candles, I am expecting at least a short term trend change..if not a short term then we are looking at a possible break towards a new local low. The short stubby candles and relatively long wicks on each side indicate a range war to me. Something has to give. It is possible BTC goes up here as well. I am...
Another day with Bitcoin wanting to rise and will eventually once the sellers run low of btc to sale :) so check in every few hours and just maybe you'll see GREEN :)) once again!
If you scroll around on this chart you'll see it goes back years. Hopefully, it never gets deleted, I like seeing the old force lines affecting the present-day movement. In the next chart, I will zoom into the time scale and seek fractals.
After a massive bearish move, ALICE has seemingly found a temporary bottom at the lower bound of the channel. Assuming that both BTC and stocks will not make new lows, I'm looking for a strong reversal from ALICE in the coming weeks. Targets are at the green and red lines of the channel. Happy trading!
After the massive decline in crypto over the last couple of weeks, it seems that we've found a bottom for the time being. BAT has found support right on the 1.5 year support line, which goes back all the way to the march 2020 crash. If BTC will not make new lows in the coming weeks, I'm expecting BAT to see a strong reversal upwards. Targets placed at $1 and...
hello guys this is my intra day setup on btc short if the market breaks 35k then we can go lower to 33k i wil upload a update if the market trades below 35k manage youre risk and goodluck!
Look At This Amazing Chart Which I Dedicated Hours To Analyze Wow.!!!!! Bitcoin Will Go Down To 17-25k Due To The Russian Invasion Of Ukraine And Then We Will Go To 100k !!! Longgggggg
#Bitcoin will bear run till best support ??? 28K - 30K is very good Support for & Step 1 ==>> when price hitting on support wait for price close bull candle and buy it look like this ?? or not it easy just wait till breakout Step 2 ==>> Wait till breakout trendline for price close bull candle confirm to buy it trendline that will...
Is the bull run over and have we seen the cyclic peak in price? It is my contention that the SARS-CoV-2 virus that was unleashed on the world has had a pronounced effect on the psyche of the retail investor, their appetite for investment risk and as a result, has significantly muted the growth of BTC in this halving cycle. So much so, in fact, that we may not...
L3 to H3 or higher. stop loss at L4 for a long L4 to L5/6 take short on hourly break and retest of L4 with stoploss at L3
I have posted all relative information in text on the chart. Check linked ideas to see how we got here. I may open some long contacts on ETH and BTC if signs of health keep adding up. *Trading cryptocurrency is risky, trade at your own risk.
Close most of my short on that last big push down. Still holding this long trade so far im 7 for 7 this week. I adjusted my target and my stop loss so I had more room to breath, as mentioned in my TG Holding strong hoping for 100% win rate this week, fingers crossed :)
Hello friends, today you can review the technical analysis idea on a 4H linear scale chart for the Bitcoin (BTCUSD). The chart is self-explanatory. The BTC price has the potential for multiple scenarios (up and down) but I outlined 5 that I believe could happen within the short term. The price is inside a Rising Wedge Pattern, which is bearish. There are multiple...
AS we previously mentioned a daily close below $40k would see dump city and we dumped to $35k and the found support on our support trend line, these are my two scenarios we had posted up a while ago and has been following well so far once it hits resistance trendline, its crunch time.
We can see on the 4H chart Bitcoin got rejected on two different areas if you will. - Red horizontal daily support, which coincides with the 50EMA - Or: wick got rejected at the 0.5 FIB level. Either way I believe we might not have seen the end of this major correction. Are you buying? Hodling? Selling?