I dont have much time, I will update this. What looked like a promising four hour candle just unraveled when the US stock market opened, now you can see we have this spinning top with 3-4 sell periods behind it. Not good for bulls. Check linked articles for how we got here.
you can buy bitcoin (buy zone on the chart) you can use 10 _ 15 _ 20x lvrge on future account
In the U.S. session only i expect price to retest the psy lo. DO NOT FALL FOR A FALSE MOVE WEEK BEGINNING
Just look at that strong resistance here on Bitcoin 1D RSI, Its really killing us! How much you want to go down! Stop it bud let's move up!
Lets check BTC macro trend ,using this strategy: 1.the longest BTC historic chart ,called BLX 2.the 369 EMA on the daily .(some use 377 in traditional markets but for crypto 369 works better.On all time frames.) When price went bellow this critical EMA ,price bounced at -40% under this moving averege ,and ALWAYS completley reversed between -50% and -60% (extreme...
Pulled out about every fib I can. Purple fibs are for purple subwave C of black 2. Currently we're at the .618. Just a little below the 20MA for BB on monthly chart. Will hopefully see a bounce. The price label is for the 1:1 target pulled from purple wA Black .786 is for an extended w2 scenario to 14K. Also the 1.236 for extended Purple C Seeing more bullish...
All cryptos are facing big corrections right now, with Bitcoin down 10% since last week. FTM is one of the only Alt-coins that hasn't seen a big price drop yet, due to the trading volume and market capitalisation. However as BTC usually drives this market, it's likely for FTM to also fall from its current levels. To mitigate risk, the stop-loss is 5% from the...
Bitcoin is a little volatile at the moment, spike up looks like a stop run with the potential for this to break to the downside. I'll be waiting for a break and retest of the range for a trade opportunity explained in the video.
Bitcoin chart creates HEAD AND SHOULDER Pattern and also DEATH CROSS accrued , so sentiment say BTC drop to 32000.
Recently, a Friend of mine asked me if there could be a Cup & Handle on the daily Timeframe for Bitcoin. My answer was, Maybe. Let's do some digging. Common Identification Price: Should be rising into the start of the Cup Shape: Needs to be U-Shaped / not V-Shaped Handle: Handle on the right side Cup Duration: From 7 to 65 Weeks Handle Duration: 1...
if you get out now, you can still walk away with something instead of nothing.
BTC continuing to break below support levels. False break out of downtrend trend line on 01/20/2022. SPX sold off which did not help BTC find any support. BTC broke below the 39500 level, and sold off until it found some ground around 34000. Currently, we are witnessing a flag pattern. If BTC continues to sell off, it will complete a bearish flag pattern....
The chart depicts my long term primary count for BTC. To put briefly, it indicates a final impulse before the completion of this wave cycle once this ongoing correction has concluded. Alternation guidelines concerning Waves 2 and 4 would allude to a simple correction for this ongoing Wave 4, as BTC had printed a more complex correction for Wave 2; namely a...
$35,000 BTC. It was a major support on the monthly. MAJOR. It MUST hold. What's even more ominous, is we've formed the very rare McDonalds sign formation, who as we know, will be flooded with resumes if this pattern hits the measured move target of $956, as shown.
Hey All! The market seems to be stuck in a weird spot! Using past data and history, i found a shocking similarity between now and the end of the other 2 bull runs. Put simply: Price tops. Price drops down to 50W MA. Price bounces off 50W MA. Price falls back down to 50W MA. Price breaks 50W MA and tests it as resistance. Bear market begins. The ONLY...
After a bull year is bitcoin headed to a bearish year? not really, a correction it's necessary, and we are close to the end of the first correction this year.
Can we expect a bullish divergence in February ? For the answer we have 2 scenarios ==>> Whales sale their property and dont support so we can see lower levels such as 30k or even 20k If we hear good news and onchain supports so we can have targets of 39k 41k 45k . . . I myself expect that 29-30k is the best buy opportunity for short term and long term NFA
-RSI nicely cutting from below entering from oversold to slightly stable zone -nice and fine MACD support with fast moving line intersecting from below and light green MACD candles showing change of trend with slowly changing to dark green as previous reversal -when you notice 1D MACD already supporting reversal KEY LEVEL gonna be SL at 35K as the new resistance...