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
Btc bear flag, history repeating itselfHistory is repeating it self, btc is about to go down and this time below 44k, analyzed btc charts from 2012 until now, and the movement is same, but different price range.
This time when btc falls below 200ma, it's not going cross up again. It might try for short time but it will fall again,
The algorithm written for btc repeats it self, no matter what is happening, news come in after the movement, just to cover manipulations from btc bots and exchanges that make the movement and of course earn money for exchanges.
I'm not talking about the delay that news can have, I'm talking about when something happens, not when published. It's understandable that news come out 30-60 minutes later.
Technical are overheated,
Rsi is in red zone for btc
no volume at all and rise happens, which scares me, and tells me disaster is waiting to happen.
Macd going into red zone
A lot of sell pressure, which tells me whales are booking profits, and then they will send btc down, it's easily done by margin trading if you have volume. They will buy at lower prices. Below 30k zone to average out, and have a run to 100k.
Nothing can be done, just be happy to buy lower
I think this bull run is over, it doesn't have that strength like previous bull runs, it had the strength like previous relief rallies.
Also btc jumping above 200ma and closing there, then falling below 200ma and closing there, and after above 200ma. It's same movement as relief rally, when ever real bull run happened it crossed 200ma and never closed below it again, to the point when bull run finished
I'm coming out from long positions, not going to risk my money for a 1000$ change in btc. Not worse the risk.
Climbing up is hard, but coming down is easy. You saw that yourself. When I was warning before that it will drop from 50k range. 48500 is good enough pull back in order to go more down and break resistance at 42k. You can see on order ladder or order book, there are practically no orders until that level to stop the fall. I wonder why whales don't put orders there, but only put big sell orders!?
I will go short ith small margin until 37k, it big supply zone. It will jump up from there, then I will short it again
Good luck and safe trading
Not financial Advice, recheck my analysis and make a decision, I hope you make the right one
Bitcoin still bullish???HIi crypto lovers today i will be talking about bitcoin if its still bullish or we may see any drop further soon. so if we check my chart we are at 46400 levels which is acting as resistance for now if daily or h4 close above 48800 we may see price hitting 60k usd again to form another cup & handle pattern before dropping but if we kept on ranging at this area we may likely to see a drop upto 42k again if daily or hr today close below resistance . if daily or h4 closed below 42k next target will be 30k for bears and if we closed below 30k possible we be hitting 19k-22k but if we closed above 48800 go long for target 60k and you can short 60k for target 50k and we see overall performance above 42k is strongly bullish and forming pattern in cup and handle and please dont ignore divergence we might see fat drop at 60k. Good luck
Bitcoin next 49000$ divergence trapHII everyone as we can see a divergence in this h4 chart so most trader are expecting price to drop based on divergence but i am seeing something different we are at 60.57 RSI and i am expecting RSI to hit 86.57 to make this divergence unvalidated which will take Bitcoin price to 49000$ until then i dont think we will see any drop so if you are short selling bitcoin be cautious because all i see is bitcoin hitting 49000$. after that maybe we will see some sell off so i would suggest going long above 39000$. GOOD luck
SXP is heading for another bull rally hiii crypto lovers i was going through my check list and realised sxp has broke the resistance and now its a free bird flying towards 3.5$ if breaks next target 5.14 for long term i am seeing it hitting 12-16$ by next year feb. Best possible entry could be 1.99 if it dropped but i dont think it will before hitting 3.55 so its right time for long entry is what i believe. GOOD LUCK
is Bitshares another Matic!!!hiii everyone in my gem coins series i will be covering all the powerful coins & tokkens so lets talk about bitshares we have broken out of bearish trendline and it is heading towards .045 levels that could act as resistance and if broken next target would be .0530 but overall we are super bullish now and i am looking to long now and keep my position on hold until we hit .1$ to .3$ which hardly going to take 2-3 months. GOOD LUCK
Could BTCs bottom be in?Based on this chart, it is clearly obvious that BTC is primed for a large leg up. it has created a falling wedge, which is a very bullish indicator. its last drop down perfectly touched the bottom trend line of the falling wedge. BTC is very close to breakout and once it does, it has the potential to reach new highs.