Over the past few days, Bitcoin has continued to be choppy, oscillating mainly between 19 000 USD and 20 000 USD. Currently, it trades near the 19 200 USD price tag. We believe the recent volatile movements reflect rising anxiety among market participants. Additionally, lower troughs and lower peaks, constituted since 15th August 2022, suggest the downtrend...
Hi Traders, Investors and Speculators Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫 We're about to witness the final call for Bitcoin - bullish or bearish in the next few weeks? Watch the WEEKLY Candlestick...
Hello guys. I just wanted to share yet another idea with you guys. As we can see here, this is a simple head and shoulder pattern. What am I expecting here to happen? Well it is simple. I expect a slight fall to 18650 area, but we will see what will happen' NOTE: I AM NOT A FINANCIAL ADVISOR! You have to do your own research.
Just hours after our last post, in which we warned about the unsustainability of the up move, Bitcoin erased all of its early gains and retraced below 19 000 USD. This development aligns with what we highlighted as a bear market behavior, characteristic of wild swings from one side to another and market participants trying to fish for a bottom. That and a looming...
BTC again bounced from the trend-line of the symmetrical triangle and consolidation in the symmetrical triangle continues. Bulls have tried to break the resistance trend-line many times but ended up in fake-outs or rejections. Now we have to wait for a breakout with a retest, which will confirm a bullish move in the market, and a breakdown of the demand zone...
As title spoils, this time posting you daily chart extreme which could possible happen. I mentioned this in previous BTC post. However, I personally can't stick to this. Targets often not reached in full measure. This would play out too quick, or exchanges shut down. It is for Black Swan more like. I never rely only on TA. Always looking also to fundaments,...
Once again, the price action proved our prediction correct, and Ethereum fell below 1300 USD over the weekend. This bearish development confirms our narrative about the downtrend continuation. Simultaneously, fundamental and technical factors also support this thesis. Therefore, we have no reason to change our thoughts on ETHUSD and stick to our price targets of...
Please 1st of all smash the boost🚀 button to support my work if you like it! It's absolutely for free. ₿itcoin broke out of this triangle down but didn't hit the target yet. I'm not chasing, just waiting for pullback to the previous range (pink) & triangle lower edge area around 20150 as shown by the blue projection. Setting SELL LIMIT order. Will cancel it if...
If bitcoin will not break 65000 €uro ca $75000 in December then we are in bull market and following 5 cycles in 10 week periods till May 2022 will be selling cycles, Price will slowly fall up to 15000. Green arrows are the cycles when buying is profitable (except the unpredictable fluctuation in March 2021 the COVID panic month). Red are the 10 week periods when...
$BTC BUY THE DIP, if yr not love these nice dips and buying them, then what are you doing in crypto??? A bunch of monkey trollers who believed in high is yr BTC haters, period! Lower the better, could be so lucky ,///////////btc long 19500
Day after day, we tell ourselves that bullish market forecasts are getting increasingly ridiculous. Unfortunately, however, every bounce up in the market seems to produce more irrational thoughts among market participants. We often encounter statements about Bitcoin being headed to 100k USD, 200k USD, 500k USD, or even much higher. The same applies to other...
Yesterday, Bitcoin dropped below the support level at 19 526 USD. Then later, the price continued below 19 000 USD, halting its movement at a low of 18 540 USD. These developments are negative for Bitcoin and further confirm the bearish thesis we laid out in our previous articles. At the same time, there was no significant change in fundamental or technical...
I am bringing edit of my original chart idea from July on 4h time frame. As chartist, I am forced to monitor & adapt chart to be actual. Do not expect, it will be totally exact tracing, as projected here. Take care, Emvo. *This is not any financial advice.
On Friday, we said it would not surprise us to see Bitcoin plunge below 20 000 USD. The following day, Bitcoin fell to a new low at 19 766 USD. Since then, the price action has been mostly sideways. At the moment, Bitcoin trades near the 20 000 USD price tag. We stay bearish as fundamental factors weighing on the market have not changed. Additionally, technical...
Hi again to you all. Price action progressing. so it's time to little edit my secret fractal gain, here on Logarithmic daily chart. Now we know, this is confirmed Bear Flat formation. You can draw the pole from 48 k high, or 31,5 k. Also as I am posting today, Bitcoin testing 200MA weekly average. If Sunday closes this way, it should end up in crucial bearish...
Over the past few weeks, worsening economic data led to widespread speculation about the FED backtracking on its promises, leading to buying spree fueled mainly by retail investors calling for the market bottom and trend reversal. Despite mounting bullish calls, we stuck to a bearish outlook for the medium-term and long-term while pointing to a bear market rally...
BTCEUR - in slightly downside biased range and currently addressing top of the 4-8hr range, likely pullback occurs before more . In case of converting red zone in to support - likely our daily red zone opens up for the taking. The green arrows up are buy bottom buy signals - while small red arrow is sell the bounce signal - they're automatically generated by...
Bitcoin reach to strong resistance. Next support level is 16K at bottom, Next resistance level is 30K at top.