Massive Bearish DIV on almost all time framesHi folks!
This is just a short and simple post based on the simple principle of concurrent divergence.
We can se a very clear divergence on the 1h here, but the divergence is als very clear almost all time frames (1D and shorter).
Although not marked in the chart, we can also see a massive decrease in volume during the last bounce - this is very rarely a good sign for a bullish move!
Buy/Sell signals according to my principles are marked as blue/red verticals respectively.
Be careful!
DYOR.
NFA.
I wish you all the best!
BTCEUR
Bitcoins Path to $250K and Other StuffUsing the current peak as .618 we receive 250k as the fib extension
This aligns very nicely with the parabola / curve formed
On the other BLX chart we can see the angle becoming more obtuse for the curve as time passes and within the previous cycles
This may be indicative of BTC becoming more stable as it is ushered to the masses and properly adopted
It is not indicative of being "ahead of the curve" although, which I will leave up to you to decide what you believe that is.
For me it's Ethereum, lets go.
Bitcoin seems like it wants to go higher. Inflation rising.Good afternoon guys,
so far it seems like Bitcoin wants to continue up to target the ATH.
A clean break would be the confermation of the trend continuation pattern.
So far at macroeconomic level, we have the DXY going down, 10 Y USA gov bonds relatively stable, and the FEDs balance sheet expanding.
Its the perfect set up for the crypto market to go higher. Especially since it is not debt based.
The S2F model from PlanB still hints at 100k $ minimum as the top for BTC (can go even higher).
We are still long and grabbed some profit from the last update.
Trailing stop loss is now active and will ride it on the way up.
This is not financial advice, DYOR.
BTC (BITCOIN) Daily ScoutLook at the bigger chart when the Social Media FOMOers see the 15 min charts... Planning to buy coins when BTC Revisit below 30.2k and swinging them up.
IMPORTANT NOTE : Instead of whining garbage in the comment section, Leave a valid statement why yo disapprove my analysis.
btcusd 300 000 Bitcoin in 2025 after 4 YearsAs long as bitcoin stays above lowest trend line - currently above 24 000 USD till end of 2021 we will see 300 000 bitcoins in 4 Years EOY 2025.
The 100 000 Bitcoin would be in middle of 2023.
Any break below the huge multi year rising wedge will result to avalanche crush of whole crypto market to next -90%
We're not out of the woods yet. < $20K BTC is still possible. This is the same idea as last one but with Candles so that new bars will load (this feature is not available for Renko bars).
An Expanding Triangle is a pattern that starts with the price action squeezed tightly in the Apex (dotted blue line). There will be usually at least two swing highs and two swing lows in price. Overall volume usually diminishes as the pattern develops because traders become more and more unsure as to the market’s future direction. Also there may be several intermediate failed efforts to reach either the support or resistance as outlined by the triangle extensions. If the action creates a new bearish breakdown, typically the action will repeat the volatility experienced with the Pole creation (the vertical blue lines). We also need to pay close attention to the volume after the breakdown to recognise further development for the pattern. Another breakdown downwards is possible. Let's see what's gonna happen.
Safe trading everyone.
BTC (BITCOIN) Weekly Scoutwe've been moving in this channel since 2017 and everytime we break trendlines, We retest it and continue to fall further.. now the scenario looks similar and positions should be kept active with utmost care. Will History Repeat? Will we see 12k BTC To buy Alts at cheap rates?
P.S : I Personally want 12k btc so i can buy alts there to see 40-50x Profits :D
Bitcoin Digital Gold Vs Gold = Bullish MartyBoots here. I have been trading for 14 - 15 years and I am here to share my ideas with you to help the Crypto space.
Bitcoin needs to do this to become bullish
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If you want help trading Bitcoin or any other ALT coins hit me up , We will improve your trading . Have a look at the link below
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Whats NEXT For Bitcoin Now That AMAZON Has Denied Crypto ReportsMartyBoots here. I have been trading for 14 - 15 years and I am here to share my ideas with you to help the Crypto space.
Bitcoin & ALT Coins are Setting up for a HUGE bounce and we in CryptoCheck intend to make lifechanging money
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If you want help trading Bitcoin or any other ALT coins hit me up , We will improve your trading . Have a look at the link below
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BTCUSDHello dear friends
Given the scenario we talked about earlier in the previous channel, we are now at a critical juncture that could change the market trend. Now we have to wait for the market trend in this triangle to come to an end so that we can make decisions more easily. Please write your comments for me below this analysis and I will be happy and welcome. Be profitable
Don't go chasing waterfallsWait till BTC reached the (confirmed) bottom before going in. Everything can happen but I just want to share two possible scenarios. What do you think of this idea? I think Scenario 2 is very unlikely to happen but the chance Scenario 1 will play out is bigger than many people think.
Happy Careful trading everyone.
Bitcoin just got GameStop-edHello Traders
At the time of my previous publication it was clear that we were moving lower based on Technical Indicators and some chart patterns.
We, have since been GME-d.
See my related video update below on how to spot a short squeeze (and what is a short squeeze, why it happens, if you're not familiar).
Welcome to crypto, sigh.
In order for us to consider a reversal to sustained upward pressure, we would need to capture and CLOSE above 40k.
We have steep resistance at 40, but after that the path is clear to 50 and above.
Trade Safe,
BlockTechEv