$BTC Bullish after potential breakout and re-testBTC Successfully retested its previously broken trendline on the 12H timeframe. I expect BTC to try for 52K to 55K within a matter of weeks. Powerful reversal bar touching the now broken trendline is bullish IMO.
Both RSI and CM William Vix indicate potential reversals in the market near support zones serving as a signal for potential predicting a market continuation or reversal
*Disclaimer - I do not own or trade BTC personally. I do trade BTC related stocks and alt-coins. This is only my opinion based on technicals I see.
Btcbuy
Is this what we have been waiting for?BTC daily candle closure is looking great. the perfect retest that i have been anticipating in the back of my mind... i am confident... i have seen this too many times. also if you look back on the weekly btc channel we retested both of our uptrend lines as shown in one of my previous charts. The weekly candle wicked right at the apex. BULLISH STRUCTURE IS STILL INTACT. And will continue to be as long as 34k holds which as of now looks promising. War is something to print FEARA IN YOU. this fear hits when you hear the rumor, not the news. thats why crashes happen before the war actually happens. You can see this idea happen from the 5 most previous wars. Also, just like you buy the rumor sell the news for bullish news, same thing happens on the flipside. Dont let fear facts AND intuition.The facts is BTC and alts have retested breakout of downtrend. All this means is confirming an uptrend.
Bitcoin BTC Analysis Good Buying SetupAs you can see at the chart, BTC is in a good buying area.
There is another buying area under this current one, and you can see it at the chart.
In case BTC closed under the first buyin area, we can buy again when BTC reaches the second buying area.
This a long term analysis and the target is a new high 72000/75000 $.
BTC Is set to initiate it's upward leg to +70K
This has been a very boring BUT healthy move by BTC since the new set ATH.
All my previous TAs stand valid to the date meaning:
BTC playing at the range 55K-57K with the potential to hit 53K which is a bit shy of 50% retracement/correction of the previous upward move to the ATH.
Wave count and trend exhaustion seem to be in place and now A massive divergence in Short Term Volume and Price Oscillator. Summary
Buy at a break of 60670(Buy Stop) or buy at a maximum pull back at 53500K.
It is also very much in line with this signal of mine back in July 2021.
Mbox exploding soon Hii everyone i am starting my best gem series again so today i will be talking about Mbox as it is all set to make high very soon i am expecting it to hit 7-8$ before december. Buy level is 3.6 and target would be 7$ target2 will be 10$ and sl to be set at 3.1$ once we break 4$ we are unstoppable. Good luck
Bitcoin still Bullish ??Hii crypto lovers i am posting my idea after very long time hope you are all doing great what i am expecting right now is if we manage to close above yellow zone we are bullish & can again hit 65k but if we close below it we will hit 54400 which will act as support for adding fresh buys and incase it fails to hold next buying zone will be 49800 and target will be 55k-62k i am expecting consolidation from 50k to 65k for 1 month now and expecting to make new ATH or fresh lows during December so what you can do is go short at 65k range and go longs at 50k range. Good Luck