Btc_usd
Bitcoin 2D Stronger Strength SnapshotFollowers may request a strength snapshot of any cryptocurrency, so like and follow.
1) Strenght Profile: Green and getting stronger.
2) Bull Bear Squeeze: The bears are almost squeezed and then the bulls will be firmly in charge.
3) Money Flow: The money flow just turned green and positive.
We are in a very similar situtation as on July 24th 2021 when we started a nice leg up, see chart.
For now, the Bitcoin 2D Strength Snapshot is continuing to improve: Strength Profile 🟢 Bears in Charge 🔴 Money Flow 🟢
BTC (dynamic resistance finally broken ? )BTC / USDT
4H EMA dynamic resistance :
The importance of this dynamic resistance is clear in my chart as since early April, BTC couldn’t make a successful breakout and stability above 4H EMA
Today we see big volume with potential breakout
Can this time be a different time ?
We will know in next few hours
I think 2 daily candles close above is a confirmation for a successful breakout ( not a fakeout )
Inverse H&S :
We also have inverse H&S which support our bullish bias
Bull market ?
Late July and August seems to be a green months but lets wait for the confirmation first
Don’t forget to like and share for more ideas
BTC/USD BITSTAMPBTC/USD BITSTAMP
1D hollows
Price movement inside Falling Wedge during downtrend.
Once price break out this pattern, new TA is needed.
A major support area shown as horizontal line.
The Resized Bar Pattern shows a possible price movement.
High Volume.
BTC = $19,231.94 +0.16%
ETH = 18.10 -0.62%
Market Cap: $868,717,671,936.835
24h Vol: $42,673,455,962.29
Dominance:
BTC: 42.2%
ETH: 14.8%
Good Luck
#CryptoHellas Team
Bitcoin to $145,000 in by January 2023. Yes, this is rather bullish, but this is just another theory I have about the markets. I could be wrong I could be right, but one thing is for sure - there are 22,000 crypto currencies on coinmarketcap right now, 99% of them will fail and that capital has to go somewhere.
I think Bitcoin is a vacuum for all those failed projects. It's going to eat up all of that marketshare and explode and we're going to have an explosive rally to end the year. Then 2023 will 100% be a recession.
looks like the market has hit target for the bottom btc has been going down and sideways for about 400 days since it first hit 64000. and has hit the 3.82 retrace. this lines up with previous cycles tops and bottoms. 400 days and a dump near the 3.82 from bull market top. then some sideways action, as price slowly rises for bout 600 days towards previous cycle high. then cycle tops near 800-1000 days. i think now is a great time to dollar cost average, into your favorite coins. and throw some money on some low cap coins over the next 600 days and watch your wealth grow like never before. dont miss this run. even just a few thousand can create life changing opportunity. remember most alts have to go up 1000% to recover to previous highs. not to mention break into price discovery on the next run to gain larger percentage.
BTC 2H Continuation or Rejection ahead?Price is at the 0.5 Fib for both a bullish and bearish retrace pull.
See green box
Possible pattern overlay would indicate a fast move down soon. Assuming price gets rejected at the 0.5 or golden pocket 0.618 to 0.786 in yellow. Price could go through distribution in that range before the big move down. Or it could go through accumulation for the big move up. Volume and candle action would be used as leading indicators.
First time sharing off a dual chart view. Chart on the right is the daily.
2H on the left.
Bitcoin 2D Still Weak Strength SnapshotFollowers may request a strength snapshot of any cryptocurrency, so like and follow.
1) Strenght Profile: BTC looked good on the daily for a few days (not anymore), so I'm still waiting for the 2D strength profile to turn green. That's what I'm waiting for since April 3rd. As you can see we are way oversold, yellow line was way below -1% already since May 5th and never above 0! When the strength profile turns green that would indicate an incredible buy for BTC, patience is key, in the meantime, follow me and I will update you when that happens.
2) Bull Bear Squeeze: Check the chart, you can see that the bears are still in charge and they have not been squeezed yet for the bulls to be back in charge.
3) Money Flow: The money inflow is slowly flattening out, loosing momentum, if it turns south (and potentially crossing the average) it won't be pretty.
For now, the Bitcoin 2D Strength Snapshot is still weak: Strength Profile 🔴 Bears in Charge 🔴 Money Flow 🔴
Bitcoin Support Levels And Where To EnterMarket situation is harsh right now but I don't expect a bounce at these levels : from 18.5k to 21.8k tonight was just a hunt to generate more liquidity for more shorting.
We have 50 Monthly EMA as support at 16.5k.
Weekly RSI at 26 and an expanding wedge same as on Nasdaq and SPX which I expect to make a move just a bit lower than previous lows and bounce hard Bogdanoff style.
In case it goes below this as a wick, might move to 15k and last support is 12.5k.
Plan : I start to buy btc and alts when bitocin touches 16.5k.
Thx, cheers )