Looks like BTC on the weekly has bounced off a level that makes a perfect parallel channel. My view on this is extremely bullish and of course it all depends on how the fed meeting goes on Wednesday... But if we bounce more here it's looking really good for a few months. All I need is the weekly candle to close strong for confirmation.
Hello Crypto Lovers, Mars Signals team wishes you high profits. We are in the 4-hour time frame. There is the R1 resistance which the price has broken. The price made its pullback and received support at the R1 line which is now the support. Our final target is shown on the chart. Warning: This is just a suggestion and we do not guarantee profits. We advise you...
Hey, Whats up! I noticed a peculiar pair of behaviors in the current consolidation patterns across the board. SPX first… top right. We’re actually using the ES1 chart, cause its a continuously traded futures version of the SPY… so its not missing those overnight gaps… which are often significant emotional data points. Ok… here we go: The recovery bounce just...
Bitcoin weekly is still respecting short term down trend resistance line. Approaching critical support $30,000 zone would be a good place to trade LONG anticipating demand uptick and bounce. However, so long as BTC is unable to break the resistance line, sellers are in control and every rally is just another opportunity to sell/go short into. I like the idea...
Checkout the chart price predication of bitcoin. Bitcoin may hit ATH $7300 on 30th July 2022 if chart pattern is to repeat itself.
After making good $ on shorting Tesla from the triangle break down, I'm re entering Long weekly calls speculating on a nice move in the coming days back to 1000 zone resistance. Barring any further market weakness I like the setup on Tesla here long : ER this week so expect a run up to earnings Bullish Hammer candle with high volume Key Resistance at 1000...
Jingle Bells Crypto Winter or merely a splinter BTC's Fifth Toe. What turns this... Gensler is making noises again about Regulations. Even Yellen is making offhand remarks. ______________________________________________________ Do hope this crowd isn't beaten again and again into March or the Alt Coin Multiverse is going to face serious issues. A Trillion +...
Top of the Mornin' ! So we touched the trendline that supports our bull run - and I don't think we're ready to go through it yet - therefore we begin our rally to 40k - and the real deal will happen between 40 and 42k - if we bounce from it - we're going to low 20's - if we break it - we go for 67k again and form a possible triple top (or cointinue up). But for...
God dam I hope this doesn't play out one things for sure if we can any rejection off the 0.618 , buckle up because the bottom will be in May 2022 and I don't know how far it will go. Main difference from 2017 fractal to 2021/2022 fractal is the weekly lower highs , we had a weekly higher highs but this draw down so quick is not good.
Take a look to $MARA, the stock has completed all the patterns to the downside creating new upside patterns and releasing all the pressure, ready to reach new highs with bitcoin
Check the chart and share your thoughts! Next lowest resistance level is $30,000 which is a strong one... It seems like it's going to confirm this Divergence trend and possibly reverse back upwards soon!
Everything is as it appears on the chart. This is actually my first Wyckoff. Therefore, be sure that my technical knowledge is very weak. Just wanted to share because it looks nice. My humble advice is to keep your trades very safe. Everything is possible right now... None of the content I share is investment advice.
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.
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.
Bitcoin is finally showing its hand developing a pretty clean head and shoulders, please check the chart for the possible scenarios when we retest the neckline area! Merry christmas! (2017 style?) IMPORTANT: this is not financial advice, trade or invest based on your own risk and research.
ADA is currently trading in the area of support around $1. In 2021, this area held on multiple occasions. It's going to be interesting to see whether this area will hold or not. Everything depends on BTC and the overall stock market. If those drop further, so will ADA. In that case, I'm looking at the $0.7 area for a potential shorting target. Happy trading!
I'm afraid we are now moving in a real downtrend. If Bitcoin moves below 27500 USD, we will really have a very bad situation. If it holds around 29000, there will be no disruption in its move to above 68K +. so if it rebounds at 29000 USD, we can have hope for a 87000 USD resistance target. But it's too uncertain for now. Let's hope the 29K support level will...
Over the last couple of months I have made a lot of analyses on MATIC and the bullish channel it was trading in. However, since last week's capitulation the bullish channel is not our pattern of focus anymore. If we zoom out the chart, we can clearly that MATIC has bounced from the support line, which goes back all the way to May-21. In case of a bounce, I hope...