BTC after breaking 39500 will going down to the 37800$
In the above pattern we can clearly see bitcoin is pushing towards its third support after it got reject in the resistance line for the third time. If this pattern holds true, we can expect bitcoin to hit 38 in upcoming days. Be careful with the log positions (if you have any ) Cheers
Well, we can see the market as a downturn for a short time, which I marked the ranges with yellow, and then an upward trend.
The long-term status of bitcoin is not very interesting to me. Considering all the conditions for an ideal climb, we need to break the range of 47k$ and above. Examining the volume and saturation points, I expect the bitcoin to fall to at least 41k$. Our weekly support is a dynamic support Which has reacted well so far. In general, if Bitcoin can not be supported...
We received serious negative reactions from the contacts in the long-term falling trend. I think that we will experience a sharp decline after an accumulation phase that we will see in the symmetrical triangle, which is the result of the intersection of the currently rising channel and long-term falling trends.
LUNA hit my target and looking close to oversold on RSI, so taking profit and looking for a breakdown of this key $96 level to open another short position. Also closed my $BTC short (although both still looking ugly) because it's important to stick to your plan and take profit. I am still looking for shorts on $BTCUSDT, so will be fading any rallies while it's...
Crazy week as we come to a close , you can see the support lines holding, and now over the last 2 days we have gathered support and started to climb back slow. I think this is a key sign that a fast pump for ETH and BTC will happen soon, this weekend or next week for sure. This is only my opinion and you should never risk more than you can afford to lose. Also I...
this analysis is a long term view of the bitcoin, this does not mean an end to cryptos in general however with the uncertainty in the capital markets and the risk sentiment off i see that a move lower will be more interesting to buy again
According to the daily frame and my analysis, I see that the price of DOGECOIN will decrease
I provided a clear explanation on my chart. If you lose 44400 Bitcoin is done for. Be careful and be vigilant
Hey Everyone , Many of you thought we`ve broken the triangle , and now its time for the bull run to begin. In my opinion that`s incorrect . For the Following reasons: If we look at the chart above , we can clearly see a strong trend line that doesn`t let us to go up. In my opinion that fast and strong break out of the resistance we had , was just a simple hand...
I've been looking at several patterns this one is the most probable and pragmatic. I think tomorrow during the New York session the possibility of this pattern will become more apparent. There's a good chance bitcoin will retest 48K... Bitcoin just needs time, it has done a 10 X over the last year and a half certainly it's rational that profits will continue to be taken..
Entry: 44.800 SL: already put a BE TP: 40-41k ___ Not financial advice
..Which is exactly on top of the descending wedge support. I dont think we will see 40k again after this for a long period of time
Hi There, RUNE had a nice bullish movement at the latest time. Now it's time to correction. It have some Bearish Divergence in 4H and 8H chart. Waves matches fine with Fib. levels. Explations is easy to read on the chart.
I believe this is the only way to view what may happen in the near term future with BTC price speculation. I know twitter is full of perma-bulls saying that 32/33k will never be seen again, they could be correct, but regardless their bias shows because they are making their decision too early... Perma Bears said we were going to 18-14k even 11k last week on...