Hello Trading View Community I THINK it's likely that Btc creates H&S on 1h chart if it can't hold 42k Certainly going back to 40k or even lower. (as i correctly mentioned in my previous ideas, Recent uptrend was a Bear Trap ...) NOT A COMMERCIAL ADVICE TRADE SAFE
important tread line. i expect a bounce off this treadline, if we go lower i expect more downside and heavy resistance.
Possible trend of BITCOIN ... All supports and resistances are marked on the chart. As we can see, the price is in an important range and recommended to keep an eye on it ... Follow our other analysis & Feel free to ask any questions you have, we are here to help. ⚠️ This Analysis will be updated ... 👤 Arman Shaban : @ArmanShabanTrading 📅 14.Jan.22 ⚠️(DYOR) ...
Bulls and bear are fighting over the yellow line on my chart. That yellow line is the 50 fib. Keep it simple: price below that yellow line means bears are in control. Price above that yellow line means bulls are control. Do NOT long in bear territory. Do NOT short in bull territory. This is a close match. I could say I am neutral, but I have a rule. The rule...
As BTC dropped today, alts are naturally following. FTM dropped practically at the same point where we topped a week ago, $3.12, forming a double top. Not sure if we're actually going further down towards the channel's support. We need further BTC weakness in order to drop that far. Assuming BTC has more juice in it, we might go for a re-test of the channel's...
After the halving, Bitcoin rose by 1 to 1.5 years and then fell by 83% in 1 year. And there is a past that confirmed a low in the form of a double bottom and rose. 1.5 years have passed since the 3rd halving, and if it falls 83% here, it will reach 11,000$, and from the 4th halving (February 2024), there is a possibility that it will go up to 100,000$.
Non-traditional use of the cup & handle, but it's too clean not to play. Stop losses tight as always. I did multiple timeframe analyses, and BTC looks bullish at this point, so this only further confirms it for me. Chart speaks for itself. I'm getting in and riding it to that previous support zone. (Never financial advice) Happy trading, everyone, Stefan A-Stock Trading
Which coin is drawing a cup and handle chart button in hourly which fits with the narrative of it seeking the daily moving average to retest and continue its downward movement. Clearly it has more odds to continue rising van rejecting right now where it is, so I'm gonna wait a little bit more I'm not gonna buy anything right now because the percentage of it...
Hello my friends. Everything is clear on the chart for you like always. The SLC is a new token from Solana with a good future and it will soon be listed in larger exchanges and grow more. So keep it in your watchlist and monitor the price's action in the circles. Good luck. If you like the idea, do not forget to support with a like and follow me for next analysis...
Still consolidating from the all time high. But I noticed a trend that many probably many have: 1 day rising support level $5750 June $5856 July $6103 September $6200 October
With cup and handles, the handle is for the purpose of shakeout which is why the best ones are with downward slanting handles showing weak holders were shaken out. The proof of success of the base with a subsequent upswing is breaking above the highest side of the cup. I'm choosing to be neutral on BTC, having sold some profits yesterday and waiting for the...
This chart is in the log scale. PYR needs to close the daily above the first red line & then we can confirm a continuing uptrend to the ATH.
A few weeks ago I posted the TA Satoshi Prophecy , check it out below . In that TA i laid out my entire thesis on why the top will be May 2022 and how we are still in a bull market. Nothing has changed since since December 12th 2021 since i published that TA , my timing on that chart was off but everything else is still intact for now. After everything I have...
Alts are popping as BTC funds move out of btc into other coins. But I believe the next phase will play out just as it did in previous months. BTC still has not filled the previous low around 42,300$. Alts are moving up in anticipation of the next drop. I expect the moves to be something as follows: -alts move up to MA (currently happening) -Btc drops (probably...
On this chart, we want to show you the possible outcome where the price can potentially direct. Many of you see this zone (channel / flat) It has boundaries: Upper limit: 44066-44180 Lower limit: 43518-43435 Going beyond these boundaries, as well as fixing the price above these price values (the price should remain above / below) on the 4-hour timeframe, will...
Strange conditions prevail in the market, anyway, this is my opinion. 36000 is a good supporter and after that we can hope for 74000 and above.
We had 8 death cross in the history of BTC. 4 of them were real death cross. How will this death cross work out this time ? Will we lose up to 60%, or will the death cross not play out ? What is your opinion ?
The bull market hasn’t started yet. The correction is incomplete. Price should drop to 30Ks before resuming up. But 45K is possible before dropping to 30Ks. I’m shortterm short, longterm long on Bitcoin overall.