follow my position can achieve a new floor under last floor 39444
Hello everyone, I hope everyone is enjoying the bottom of this bearish market and I hope your bags are full! Enjoy the video!
The Crypto Total Market Cap is in almost an identical situation that it was last summer. It fell down to a Key Support Level and the RSI was oversold at that time. It is currently in the same situation and the new Key Support Level. Previously, the Crypto Market Cap was holding steady around 1.2T. Currently, it's holding steady around 2T. If it can continue to...
Hi mates, Reopen Position at 0.618. Take Profit and Stop Loss on Chart. Indicators: Traditional Pivot P = Middle Line (Blue) Woodie Pivots = S/R 1-5 (Blue Zones) Triangles = Fearpoints based on SMA Highs Lows KeltnerBands Range with 3.618 & 6.618 -- Much success tbot21 the trading robot 🤖 --
Here you go and you have a reversal here, BTC has a morning star which is always at the bottom of the market and it reverses the trend
Since DOGE topped earlier in 2020, this token has practically only been trading bearish. During this down trend, we had some bullish moves here and there, but we never managed to get above 40 cents again. Over the course of a few months, a bearish triangle has appeared on DOGE's chart. As of this week, DOGE has managed to break towards the bearish side of the...
Like most other crypto's, BNB is currently seeing a nice reversal after several weeks of trading bearish. However, the pain might not be over yet. The dotted bullish trend line is going to be of key importance here. Most bearish case would be for a re-test of the trend line, but bouncing off from it and continuing the down trend. A bullish scenario would be for a...
Is it short term or long term that’s the question…. I am working from a tablet right now so it is easier to put text overlay on the chart. Between the criteria on the chart, most importantly the events of the 7am to 11am candle on Jan 10. And the fact that short liquidations are building up indicated by on chain data. I think it is possible BTC has found it’s...
Welcome to this analysis about BTC . We are looking at the daily timeframe perspective, the recent events, the established daily falling wedge and some indicators. BTC hit my last and main support at 39.5K September low and made double bottom and rejected at support area with strong buying pressure. It is obvious there is a huge buying demand AT 39.5-40k level. At...
Bitcoin is struggling to Hold up at Support. The reaction should arrive Wednesday for Time. The 15 Minute broadening range to the downside requires defense and Buyers above 42K and a press above 44K. BTC will need to cross 50365 to regain the Upper Hand in the Trade, otherwise it could trade sharply lower to 33K. Catch as Catch can here at this level. We're...
This idea is valid until February 17 1 - Reaching the price of 35,000 is very likely 2-The downtrend will continue until February 17
After the downfall in the last 24 hours, now it's even more likely to see a breakout of the low at 42333. The question is, where will price go next? And here's the answer - the next target is 35650! That means we could see even lower values, but first we need to see price at the mentioned levels. And of course, for all of you who are looking to buy - the...
This is our BTC analysis from last week This idea is still valid and we're expecting a continuation down to 35 650! We saw a breakout and price is now testing the 42 333 level. We are waiting for the next downside move. It's definitely possible to see some moves higher, but the main direction is downwards and it's still early for long-term buys!
Everyday we are receiving important data which could affect the markets..Today at 10:00 Fed chair Powell testifies - if we dont lose today our major support 39.600 I would consider 39.600 as our bottom and market will recover slowly.. How if we lose our support? Our next support at 37400. Imo if we lose 39600 we could see more sell pressure arise Keep an eye on...
Expending on the previous TA . Market structure same as MId cycle 2017 : 2017 40% pullback Lower High Descending Wedge Bounce off Fib log 2022 40% pullback Descending Wedge Bounce off Fib log As of this moment technically still a lower high with the last swing closing at 40700 (Yellow Circle) , at the moment no daily close under 41000 so for now we still have...
Would be very surprised if this didnt end up being the bottom end of the range for a few weeks. New lows are being rejected. Resistance is far away. Bullish!~ Next stop 45k and beyond.
With "Fear" flashing yellow, BTC and Cryptoverse will soon rise in no time... DYOR.. Buying opportunity for all who wants to HODL until 2024..
Hello Traders! The market continues to be under selling pressure. The price of BTC fell to the $40900 level and tested it. On the daily timeframe, the price is under the MA100 and MA200, indicators show oversold. Globally, the movement within the uptrend from $12,000 continues. At the moment, the price is in the buyers' area of interest $40900 - $46800...