It's humorous to say that whales love this movement... When a TP is hit, they push the target upwards and create a reverse head and shoulders, then they create a normal head and shoulders pattern again and start the decline despite the market being completely negative. They are all based on the double top formation without the need for all this artificial drama....
If the trendline does not break and the price drops, three peaks will form, which could potentially indicate a head and shoulders pattern. If a Fibonacci retracement is drawn from the left peak to the lowest valley in the middle and set to 1.272, the decline can be predicted to reach that point, which would be 59,439, and a drop to that level is possible. One...
"I think it's the trend lines that drive Bitcoin's ups and downs. As you can see, on the four-hour timeframe, Bitcoin hit the trend line and started to rise again, coinciding with the Williams indicator signaling growth. It appears that the profit target is close to the 38.2% Fibonacci level, as indicated by the green trend line on the four-hour timeframe. Good luck!"
I think that Bitcoin has reached the price target of 66,291, and in other words, it has reached the end of the four-hour bearish wave, and in view of this, a head and shoulders is forming in fifteen minutes, which is a target equal to It will have 69809 to 70550.
As I can see at the graph BTCUSDT Long up to 28600 and may be up to 29000
This monthly chart of Bitcoin shows we're either setting up for a Bull-Flag breakout, or potential breakdown to re-test the $15k-$16.5 lows. Either way, I think the bottom is in or almost in. The big questions is whether we see the re-test like in the 2015-2016 bottom, or push through and never look back like in 2019. If we push higher here and have a daily...
Although according to the previous analysis, I believed that Bitcoin will fall to 11450 and even lower, but market fluctuations and high energy took Bit to the price of $18,000, so now I believe that the whales took Bitcoin above $18,000 and allowed it to fall further. They did not give and they have manipulated the market. But whatever it is, the new analysis...
BTC is moving at a key level of the 21700 zone. Rejection from this area can take BTC to bottom again up to 12800 and breakage of this Zone will take BTC up to 29500 zone.
My thoughts on BTC, BTC will make another move up to 17600 - 17800 or maximum by 18200 and then will dump all way down up to the 14800 zone. If BTC crosses and holds the 18500 then this scenario will be invalid.
Bitcoin long term projection. Setting all the ranges to find the confirmations on direction within levels. Lets see how the first phase plays out with the yellow line. This is just for educational purposes not to be taken to heart. but this will be nice to go back to in the future as a time capsule. Just hit play time to time to see where we are at. Enjoy
The big picture for BTCUSD Analysis and the important points/areas Ur comment matters! Thank you!
Take a look to the chart: Keypoint for tomorrow and Targets for each scenario
Key point for Friday, Represent resistance as long as the price below it if the price rises above it, that key point will become support Trade with caution Good luck!
The goal of the project is to make 1,000,000 USD from 320 USD on futures. Using trading strategies the project will show mechanisms and nuances of the real intraday and medium-term trading in maximising opportunities and making profit. Place your bets, gentlemen! ) Foreword I received an email from one of my exchange accounts, which frankly speaking I have...
Hello Traders, We talked about this scenario a while ago. The area above 28K is studded with stop losses and various liquidations. All positions that have to jump either to make prices rise further or to make them fall. I absolutely do not believe that a bullrun will restart, it is just a pullback, at least for the time being 😉
reasons: RSI Divergence breaks up trend in 15 min chart. rejected 23400 resistance again.
Hello Traders, On the 4 hours timeframe btcusd is bottoming on the 0.618% fibo's retracement. If the prices stay and close above targets are 25 K-28k and 30 K before new bottoms. Sell high and buy low. Tomorrow FED rates publications, I don't think a 100 pb movement, 75pb is expected. Is Bitcoin ready to give us a final pump? Publish your trading idea on BTC or...
My TA on 1D is based on Elliott and Wyckoff pattern. I did not include any indicators for this TA as at this time they do not show any confirmation for the price reversal. This may take a few days given today's drop. Therefore, there is no need to disregard a possibility of a price falling further down to around 40,300 USD or even to 33,500 USD. It may...