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BITCOIN Tea Time?Evening Everyone! 😃 As per usual for my posts later in the evening, i leave it all in the charts for you! 😃😴 As mentioned there also, this is solely one of many options that are possible, and only serves as an example for this bullish Cup & Handle Pattern ! I would like to add that this is only for educational purpose and in no way a guarantee that it will play out this way, nor is this or are any of my posts financial advice. Thanks for stopping by, I hope you liked my post, and if you did, please drop a like or comment, it helps me to improve my ideas and puts a smile on my face! 😃🙏
by DeFeye
4
BITCOIN Short-Term OptionsWhat's up Everyone! 😃 A quick one here I just wanted to point out that we are still holding the channel support on the BTCUSDT 4H which I was talking about yesterday 👇 In addition I wanted to point out the orange lines that represent local support/resistance which need to be broke to confirm short-term volaility into either direction. I would like to add that this is only for educational purpose and in no way a guarantee that it will play out this way, nor is this or are any of my posts financial advice. Thanks for stopping by, I hope you liked my post, and if you did, please drop a like or comment, it helps me to improve my ideas and puts a smile on my face! 😃🙏
by DeFeye
2
BITCOIN Where are we at?Good AfternoonEveryone! 😃 Here is my latest BTC update Video 🎞️: Here are the charts shown in the video: 4H: Weekly H&S: Weekly Falling Wedge: Monthly Channel: I would like to add that this is only for educational purpose and in no way a guarantee that it will play out this way, nor is this or are any of my posts financial advice. Thanks for stopping by, I hope you liked my video🎬, and if you did, please follow for more or drop a like or comment, it helps me to improve my ideas and puts a smile on my face! 😃🙏
by DeFeye
2
BITCOIN Formed Ascending Channel!What's up Everyone! 😃 Bitcoin has been forming this channel on the 4h chart since the pump on January 24th. The most recent dump confirmed the bottom of the channel and we are once again looking at the the targets of 39k - 40k on the upside . If we manage to break above 40k our first targets would be 43k-44k representing the neckline of the latest dip and a potential 'W' pattern which could form. Then eventually we would have break 48k-51.6k which would put us back above the bull market support band. Even though I see another rally in the short-term to the previously mentioned 39k-40k region, I don't see Bitcoin above the Bull market support band before we fall back down to the levels that await below the current ascending channel support at about 36k . That would take BTC to the 35k-33k support area and eventually 31k-29k where we could find a bounce as we did on a couple of occasions last year before we reached new ATH's both times (see below 👇). I broke it down more specifically below 👇 in my latest video 🎞️: I would like to add that this is only for educational purpose and in no way a guarantee that it will play out this way, nor is this or are any of my posts financial advice. Thanks for stopping by, I hope you liked my post, and if you did, please drop a like or comment, it helps me to improve my ideas and puts a smile on my face! 😃🙏
Long
by DeFeye
2
BITCOIN Evening Star!Just a quick one, main focus is on the Evening star pattern, support if we can hold support is about 37.5k-37k and bounce to 40k hopefully. Rest of the path and targets make more sense in my previous posts and video below: I want to add that this is only for educational purpose and in no way a guarantee that it will play out this way, nor is this or are any of my posts financial advice. Video: Weekly Wedge: 1H: I want to add that this is only for educational purpose and in no way a guarantee that it will play out this way, nor is this or are any of my posts financial advice. Thanks for stopping by, I hope you liked my post, and if you did, please drop a like or comment, it helps me improve and puts a smile on my face! 😃🙏
Short
by DeFeye
7
BITCOIN Symmetrical Triangle Breakout!Good morning everyone! 🌞 Short and simple, just wanted to post quickly and get some more sleep. First target is 38k-40k region. If we get rejected at the previous resistance of 37.5k we could go down to the lower support levels again, or even lower to the 31k-29k region. Thanks for stopping by, I hope you liked my post, and if you did, please drop a like or comment, it helps to improve and puts a smile on my face! 😃🙏 Happy Trading ✌❤📈
Long
by DeFeye
2
BITCOIN Bullish scenario!Good morning everyone! 🌞 Here we see a more bullish scenario on the weekly BTCUSDT chart, and as always I try to keep it as simple as possible. Bitcoin dropped down to the 31k-29k area on a couple of ocasions in the past, but then bounced to new ATHs both times. That is the reason why this bullish bitcoin scenario predicts the bounce in that area once again, and that the bounce will bring us back above the bull market support band and potentially to new ATHs. Here is my previous post where i looked at the inmediate short-term: Make sure to stay tuned for my weekly Bitcoin Update video 🎬 Thanks for stopping by, I hope you liked my post, and if you did, please drop a like or comment, it helps to improve and puts a smile on my face! 😃🙏 Happy Trading ✌❤📈
by DeFeye
3
BITCOIN Price TargetsWhat's up everyone! 😃 I wanted to share this pattern on the 4h BTCUSDT chart, that as you can see, i've tweeted about a couple of days ago already. This time I made the target area s more visible in the form of the grey boxes . The green and the red horizontal lines marked by arrows, are the confirmation areas that we need to break and confirm above before further movment into either direction. If we look at the target areas on the downside , we have to keep in mind that if they don't hold and we don't find a bounce there, it could be seen as a strong confirmation for a bear market On the other hand on the upside we have a lot of resistance before Bitcoin is oficially back under the bull's control. Also please check out my video 🎬 that i posted yesterday. I point out a very scary situation that is developing on a larger TF of Bitcoin. I hope you enjoyed this post and that it was worth your time, any ❤ in the form of engagement, follows and feedback would be very much appreciated, and a big motivation to keep posting! Happy Trading! ✌❤📈
by DeFeye
3
BITCOIN What can't/must happen!?What's up everyone! 😃 I'm looking specifically at the Weekly BTCUSDT chart today. I want to point out that we are repeating a pattern, but are looking more bearish this time around. To show you what I mean I'm looking at the weekly EMA ribbon once again and specifiacally the MA20 and MA25. I covered most of this in yesterday's Weekly Bitcoin video (👇), but wanted to make a shorter version as I thought that this is the most interesting chart an TF to look at. I hope you enjoyed the video🎬, and If the post was worth your time, any ❤ in the form of engagement, follows and feedback would be very much appreciated, and a big motivation to keep posting! Happy Trading! ✌❤📈
by DeFeye
2
BITCOIN WEEKLY UPDATEWhat's up everyone! 😃 In this video I want to follow up on my very last post where i spoke about different Moving Averages on the weekly Bitcoin chart. In addition I want to talk about different TF's and indicators. I hope you enjoyed the video, and If the post was worth your time, any ♥ in the form of engagement, follows and feedback would be very much appreciated, and motivates me to keep posting! In case you guys missed last weeks video, watch it here 👇: Happy Trading! ✌❤📈
by DeFeye
IS BITCOIN GOING UP OR DOWN? LET US FIND OUT!Hello traders, We have a very interesting setup here! -Looking at the BTCUSD chart, we have different scenarios that can take place, and these scenarios are being guided by our trendlines, as we can see in the chart -We have basically, 2 important channels in this chart; and these channels are going to guide us also -The trendlines are acting as important supports and resistances, that is if price breaks each of these trendlines we’ll have to expect a different view of the market -Considering where the market is now, if price breaks the lower green trendline, we can expect it to move towards the yellow one and vice versa -So we’ll just have to watch it closely from now on. -Price will definitely go up or go down, so either way we’re going to be expecting it, with our trendlines guiding us!
COINBASE:BTCUSD
by deforexmafia
Polygon Price AnalysisThe daily chart shows that after setting an all-time high of $2.900 in May, the MATIC price entered a bear market. By July, Polygon was 78% lower and beneath the 200 DMA at $0.657. However, crucially, MATIC finished the day at $0.689, triggering the second bull market of 2021. Within two months Polygon was 190% higher, topping out at $1.875 on the 5th of September. Since then, the price has been heading lower, resulting in a descending trendline, capping the price at $1.128. The 200-day moving average sits at $1.066, countering the trend resistance. If the MATIC price closes below $1.066, I expect to see a sharp decline. A logical target is the horizontal support of July’s $0.620 low, which coincidentally was the last visit to the 200 DMA. However, if Polygon clears trend resistance at $1.128, it would indicate the 200-day has done its job again. In that event, the bulls will be encouraged, and the MATIC price should quickly clear the 100 DMA at $1.281 and extend towards the September high.
M
by thomasfullerofficial
Polkadot Price AnalysisThe four-hour chart shows that a rising trend line has capped the price since the middle of August. The trend has been a constant source of rejection for the price and the catalyst for last week’s technical reversal. Furthermore, the trend which is currently seen at $39.00, proved the high for the last two days. Therefore, as long as Polkadot stays below the trend line, a correction is possible. In that event, some obvious downside targets emerge. A rising trend line at $34.00 from last week's low is the first support level. Below that, the 21st of August high around $29.50 offers the next level of support. However, if the Polkadot price manages to clear $39.00 an extension to the $42.00-$45.00 is probable. Furthermore, above $45.00 and the all-time high of $49.77 could be under threat. Feel free and get in touch for more ideas and trade signals
BINANCE:DOTUSD
by thomasfullerofficial
BTCUSD SentimentsThere has been such little selling that it almost makes it negligible. Long-term holders are already not selling as 10-year old supply just reached an ATH of 2.4 million BTC. And along with them, even the mid-term holders have stepped back when it comes to selling. In fact, the buying trend is so strong that addresses with balance have reached a 4-month high, matching with May ATH levels. Thus, the wise thing to do right now is to buy Bitcoin ASAP. The Relative Strength Index (RSI) is already in the bearish-neutral zone. This indicates that a price flip could be coming soon and buying now will result in strong profits later.
COINBASE:BTCUSDLong
by thomasfullerofficial
DOGE Price AnalysisThe daily chart shows the Dogecoin price continues to grind broadly sideways in a narrowing pennant formation. Forming the lower edge of the formations a trend line at $0.2090. It was this uptrend that provided the catalyst for yesterday’s bounce. Just above the trend line, the 200 EMA at $0.2275 lends its weight to the support. If the price fails to hold above the 200 EMA and the trend line, it will signal an end to the 2021 bull market and likely lead to significant long liquidation. However, for now, the trend is intact. And as long as that stays the case, DOGE has a chance to recover. The first obstacle is the 100 EMA at $0.2632, followed by the 50-day at $0.2729. Successful clearance of the two moving averages should lead to another attempt at trend resistance, now seen at $0.3183. And above $0.3183, the outlook turns incredibly bullish. However, the early signs are that the downside will prevail. Although, DOGE has a habit of surprising.
BINANCE:DOGEUSD
by thomasfullerofficial
1