road to 100K BTC price is from 20K where RSI will be below 20 and market in sell pressure. DO you agree ? NFA
i think this is going to be the last bottom for bitcoin, if it happens!!
BTC we see the breaking of trendline(from 28800), and a low volume rise but rejected by down trendline(red one), I guess a big short chance is opening. If the price jump over the creek(>35k), the short pos should be closed. Another option is to take a long pos when the price break the down trendline, but the long side better wait for the second test.
So. Bitcoin continues to fall. So far, I don't see any moments that would make it clear that the instrument will grow. The pressure of the bears is strong. Support level is ahead, I expect breakout Do you agree?) Your Solldy.
It seems BTC will go sideways for a few months between $30-45k.
hi guys, our previous analysis with SIMS strategy for long went well and targets achieved. now here, i have short situation for btc( as i said in my previous chart) which is confirmed now. so, i have 2 entries which is indicated with gray( but i think higher entry wont be triggered because of that heavy support( thick black line) which broken previously. the tps...
BTC SHORT IDEA. WE SHOULD ALL BE IN OUR BTC SHORT BY NOW. THESE ARE THE 3 MAIN LEVELS I EXPECT BTC TO TOUCH BEFORE CONTINUATION UP. I WILL BE HEDGING ON EACH PT AREA AS I STILL EXPECT SOME SORT OF BOUNCE FROM WHERE PROFIT ON SHORTS IS TAKEN. I WILL BE CLOSING ALL MY SHORTS AROUND THE 3RD PT AREA AND HEAVILY ENTERING LONG POSITIONS. STICK TO WEEKLY AND MONTHLY TIME...
Many of heard about the storybook Wyckoff schematic that took place recently and let bitcoin dump. This method is used by institutions and whales to take maximum profits and demoralize the small investor. It seems to work out just well. This idea shows the "bullish" Wyckoff method as a reversal to the bearish one right after. Of course, everything is possible, a...
Some people are talking about an inverted cup and handle starting in Jan. Or a mega head shoulders. Perhaps too big in time bars. Anyways, down trend is pretty clear. Only time will tell if we get out of this. I think there will always be some hope till we hold 30k no more. Good luck.
trying to cross the 20MA in th 30M which was respected several times
Price coming to vwap and 34600 price level, anticipating rejection from this resistance area
First off, the TL:DR Version: My general sentiment on btc is this Short term: Strong Bear Mid term: crab till august or september Long Term: Strong Bull Short till 30k as the Death Cross crosses. Strong chance we hit at least 28k, 19k not out of bounds. Lower than that unlikely. Analysis/ramblings I'm not a huge believer in the death cross in the BTC...
Inverted cup and handle on bitcoin. It will test the resistance to breakout.
RSI is overbought. MACD indicates that the strength of the bullish movement may be running out. Bollinger bands above the upper limit. I will not open any shorts, but I want to see how this interpretation plays out.