BTC Short term trend breakoutHi guys, here is my first published idea.
I've been holding and accumulating BTC since 2017 and have since made this a full time commitment. It's paid off!
We are currently looking at breaking this bearish trend and heading upwards to test the blue resistance. Bottom of this bloodbath may very well be in as we have seen plenty of volume in the recent days. If trendline fails to break, we are looking at retesting the pink support lines, eventually breaking the trend at some stage within the week to hopefully close above the 21 week EMA.
Btc-trend
Will the price of DCR/BTC reach 0.04 this year?The growth phase of the price of BITTREX:DCRBTC has begun this year. This can be seen from the breakdown of the downtrend, as well as the phase of the fall and rise in the price of bitcoin. The estimated peak in the price of the rising phase is shown on the chart.
Will the price manage to reach the upper border of the rising channel this year?
Bitcoin Is Ready For 67.5KHey Guys,
BTC has reached the bottom trend support and is ready for a new all time high is history repeates it self.
Check out what happened when the price reached the trend support and you will see that was always a new all time high starting point!
Comments are much appreciated and please feel free to follow for more ideas!
Don't stick the fork in BTC just yet!As we can see using the pitchfork, BTCUSD is still within its channel dating all the way back to November.
Despite all the bearish divergences and supports being broken, until it closes significantly outside its channel she's still in play.
I would expect it to either bounce off the support around the 52.5k range and head back up, or break through and head south.
𝕋𝕙𝕚𝕤 𝕚𝕤 𝕟𝕠𝕥 𝕗𝕚𝕟𝕒𝕟𝕔𝕚𝕒𝕝 𝕒𝕕𝕧𝕚𝕔𝕖 𝕒𝕟𝕕 𝕀 𝕒𝕞 𝕟𝕠𝕥 𝕒 𝕗𝕚𝕟𝕒𝕟𝕔𝕚𝕒𝕝 𝕒𝕕𝕧𝕚𝕤𝕠𝕣 𝕠𝕣 𝕡𝕣𝕠𝕗𝕖𝕤𝕤𝕚𝕠𝕟𝕒𝕝. 𝕀'𝕞 𝕛𝕦𝕤𝕥 𝕤𝕠𝕞𝕖 𝕕𝕠𝕡𝕖 𝕨𝕚𝕥𝕙 𝕒 𝕔𝕠𝕞𝕡𝕦𝕥𝕖𝕣 𝕠𝕟 𝕥𝕙𝕖 𝕚𝕟𝕥𝕖𝕣𝕟𝕖𝕥. 𝔻𝕠 𝕨𝕚𝕥𝕙 𝕥𝕙𝕚𝕤 𝕨𝕙𝕒𝕥 𝕪𝕠𝕦 𝕨𝕚𝕝𝕝.
I'm always to open to hear any ideas, criticisms, corrections or comments you may have - I'm no professional - there's always more to learn!
Altcoins | Ready for Altseason?A bit late, but Happy new year to everyone! And wow, the cryptocurrency market started 2021 with a blast. Beginning with Bitcoin, which broke its ATH (All-Time High) big time and is still going strong. Then fi-na-lly alts started to regain strength since the beginning of November. But now we are actually seeing some similar movements since the Altseason in 2017. Let me try to visualize it:
2017 : Bitcoin surged up to $20K → Altseason started
2020 : Bitcoin broke ATH → Altseason?
Can we see a similar bull-run in 2021? Well, as of this moment, nearly the whole cryptocurrency market is surging massively. I think the potential is really there, especially when thinking about this idea above. In addition, Bitcoin, Ethereum, and even other smaller cryptocurrencies such as VeChain Thor are still holding these insane highs. Lastly, in these awful times of the COVID-19 pandemic, people are in general spending less than usual (like travelling and going on holiday). Therefore, people are looking for other ways to do something with their money → People start to invest in stocks and cryptocurrencies (especially youngsters). But in the end, we have to see it within the coming period. What do you think? Will we see a massive bull-run, or can we expect a retrace?
Bitcoin Multi TimeFrame Analysis4 Time-frames are on my watchlist.
In the 4H time-frame based on HVP and trend analysis, bitcoin is in consolidation. And a huge range between $29400 & $32100! if a 4h candle closes above 32100, it can test 32600, and then it can break or reject. no one knows! but if breaks, the test of $34500 is very probable.
The 2D TF is a dogi candle BUT it must confirm. if wick below the previous 2D candle it will be confirmed and probable test to horizontal support between $22700 & $23900.
on the 3D TF, the HVP is expanding and if the 3D candle closes above the BB it would suggest that the upside trend is continuing. in parallel on the Weekly TF again if the weekly candle closes above BB, it would say the trend is not over yet.
ETH TESING THE LOW OF AN ACENDING CHANNEL: BULLISH SCENARIO🚀Ethereum is approaching a critical point in the ascending channel. Bouncing off this channel could result in beating the September highs of 0.04 btc.
In case you’re looking for a possible entry, wait till the bounce has been confirmed. It has to close above the 0.03 resistance line before it can continue its rise to 0.04 and beyond.
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