Bitcoin is getting ready to do a quick move, both Up or Down, can happen this time. A head & shoulder pattern is formed on the chart, If bulls lose 42500$ support, A rapid move up to 40K will happen. 42500$ is our key level at this moment, In the best case, I expect to see some neutral movements above 42500 for a while! Bulls are weak at this moment, Let's see...
Near pivot support at 41500, this is a decent RR setup to buy still. If the price begins to fall beyond that it could get UGLY fast.
Hello trading friends, We see an effect trend where there is some whale trend hold on the 43K level, when the price goes down, depending on algorithmic trading, the price come back. same time we see also many manipulations trends - be always alert for fake trends, in all ways. What means this? Bitcoin can change coming time in a huge difference price action -...
We are at the HUGE support level of 1M chart next stop is expected to be level 60k
Log regression indicates BTC's fairvalue is about 39k. Anything below that would therefore be undervalued. Above, overvalued. We're close to fairvalue, awaiting the next significant move back to the upside or down.
btc bitcoin short support 42 k support 40 k selllllllllllllll selllllllllllllllllllllllll
Lets see how bad bitty wants it! If breaks through should start running to golden fib and higher. If not, which is most likely, should retrace back to VWAP at 42500 area.
Today we will consider a small overview of Bitcoin. The first thing that looks in the eyes is a narrow trading range (marked with gray rectangles) And we also left all the levels that we had designated before this time. If we briefly describe the situation, we expect the demolition of stop loss long positions and a quick recovery to the level of 45500-46800 Why...
Two scenario's, let's see if CARDANO can fight the two purple resistance lines and end the BEARISH bias. Als compare the ADA/USD(T) chart to the Bitcoin and Ethereum chart. ADA had its peak in early September, after continuing downwards pressure, ETH and BTC did make later there ATH.. let's see..
This is my view of the current situation. We have to wait a while and see Where's Btx going 🤔
4hr chart adding in what I think is worse scenario. Save some chips or you can’t buy the dip. I still think we reverse here but follow the lines. If breached and retested likely going to the bottom of the next box. Assuming we continue the long term bullish scenario Bitcoin shouldn’t breach these last two added trend lines. If you zoom out. You can see it...
ADA has been one of the major losers since topping in September. It was trading above $3 and has dropped all the way to $1. However, there might be a macro trend change coming our way. As seen on the chart, there's only one resistance area left for ADA to break through. Assuming BTC will remain relatively stable, I don't see why ADA can't pierce this resistance...
A couple of days ago I discussed the horizontal pattern for FTM. In this analysis I was looking for a potential short if BTC showed continued weakness. In the end, BTC reversed and so did FTM. No trade has been made. With FTM seeing rapid gains, I'm seeing this token reach a new ATH in the coming day or so. Assuming BTC can remain relatively stable, we might...
GM everyone, For those of you that like diagonals trendlines. There are two clear trendlines at work that provide strong resistance short term for BTC. I do not expect much from BTC right now. Clear downtrend with not strong bullish signs and volume gradually decreasing, which, although many will tell you, is a good thing. However, the reality is that the volume...
No more talking just watch the Hidden divergence on the Weekly tf It’s insane Im telling you this is your last chance to enter at this price
BTCUSDT after forming an ending diagonal likely to continue up... 38.2% breakout would further confirm here.
Bullish Pennant forming. Higher likelihood to go to the upside. Lets hope it does.
Apparently we have a downtrend that is close to the bottom of our overall channel, but I think this short downtrend will end and we will move to the top of the channel. After reaching the channel ceiling, the falling wedge pattern is formed and we will go to the bottom from below. If you think this is possible, Like & Follow Me...