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BITCOIN Watch out for the MA's!!What's up everyone! 😃 Here I want to look closely at the MA 20 and the MA 25 on the weekly chart. As we can see they are moving towards another, which is a very dangerous sign. If they would be to cross it could be the end for any hope in a bullish reversal. I drew an orange circle around the area where the MA 25 was above the MA 20 on the weekly chart the very last time, and as we can see we ralied from then on. I also circled in orange where we are right now, and as you can see, it's looking dangerous. When it comes to the H&S pattern which i've been talking about since early in december, we almost had another crossing of the MA's but BTC started to rally and the MA 20 stayed Above the MA 25 instead. Also marked with another orang ecircle, you can see that this happened at a very similar moment, Right after completing the right shoulder and right before rallying. So if BTC repeats recent history, a rally could be near, if the MA's cross however, it's not looking good. The other MA's or moving averages of the EMA RIbbon, BTC closed below on the weekly for the first time in a very long time also. I spoke about that in MY VIDEO🎬 from last week: I will go into more detail about THE FUTURE OF BITCOIN on different charts in my UPCOMING VIDEO 🎬, so look out for the MA 20 and 25 on the weekly chart BUT also for THE video 😁😉 If the post was worth your time guys, any ♥ in the form of engagement, follows and feedback are very much appreciated! Happy Trading! ✌❤📈
by DeFeye
2
BTC 1h UpdateHere you can see my post from earlier where I was pointing out that BTC broke above the EMA Ribbon on the 4h chart but needs to break above the neckline: Coming back to this chart here on the 1h all looks very similar including the break to the downside of the wedge and the break above the EMA Ribbon, but here on the 1h chart, BTC bounced off the EMA Ribbon multiple times (A,B,C), we won't see that happen on the 4h chart if BTC doesn't break the neckline at around 43.8k. If nothing changes, I see BTC going back down to the support levels that I pointed out in a bunch of my previous posts, find the latest one here: Another post where i point out the neckline and support/resistance levels: Happy Trading! ✌♥️📈
by DeFeye
I predicted the latest MMCrypto chart A MONTH AGO!!!Hey guys, my post from a couple of days ago was deleted because I broke the code and dropped my social info here. Didn't know that wasn't allowed, so my apologies! So here it goes, Chris from MMCrypto said a couple of days ago that his PA passed him this chart, wonder what the PA"s job description is 😂😂 But anyways, this post below was from Dec. 15 where I called the exact top and current bottom of 40k-37k. I've been posting about this pattern and price ranges even beforehand and ever since, never changed my opinion, unlike... 😂🤐 (love that on here we can't edit or delete our posts 15 minutes after we posted 😉) Chris just posted it TWO DAYS AGO, and now says it's the pattern that helped him predict a bunch of stuff🤔 Just wanted to say, watch who you get your information from, some guys are good at packing 10 different predictions into one sentence. 😂
by DeFeye
2
BITCOIN getting slapped and rejected!Everytime BTC tries to break a neckline.... Lets see if we can get above 43.8k maybe a retest of the channel before, or we could fall back in and thest the bottom resistance of the channel and the horizontal supports. Find the support levels here: f you like my posts, any ❤ in the form of likes, shares, feedback & comments is very much appreciated! If you want to stay up to date with my ideas 💡, hit the subscribe button! Happy Trading! ✌❤📈
by DeFeye
BITCOIN Channel Life 😎Just a quick thought on a smaller timeframe. I pointed out what needs to happen for us to confirm a potential rally in the short-term. Check out my previous posts for further targets in either direction 📉📈 If you like my posts, any ❤ in the form of likes, shares, feedback & comments is very much appreciated! If you want to stay up to date with my ideas 💡, hit the subscribe button! Also stay tuned for my video 🎬 later on today where I'll be looking at Bitcoin in different timeframes in detail and will give you guys my prediction for the next BTC ATH 📈! Happy Trading! ✌❤📈
by DeFeye
BITCOIN Dangerous Monthly Candle!If we dont manage hold the patter we have to look at the horizontal support levels 33k to 29k where we bounced up from previously. Here in my previous post you can see more precisely where those support levels come from on a smaller time frame (1D): Thank you for your time and if you appreciate my post(s) please show some love and hit the like button, leave a comment or share, it would mean a lot! Oh yeah and please do follow, I'm updating here all the time and I'm coming out with some videos including ETHEREUM & OTHER ALT COINS very soon! Happy Trading!❤✌📈
by DeFeye
BTC Where's The Bottom?Good Morning Everyone! 🌞 Here I pointed out the major support and resistance areas from my point of view on the Daily Bitcoin Chart. If you havebeen following my posts, you know that I have been posting about those key levels between 53k and 37k and this Head & Shoulder pattern below for about a month now since my very first post on TradingView. Find my first post here: And here a couple more posts where you can see that we are right on track for this to happen if we can find the bounce at around 37k or worst case scenario the lower support area that we rallied from twice to new ATHs. Predictions from almost 4 weeks ago: Thank you for your time and if you appreciate my post(s) please show some love and hit the like button, leave a comment or share, it would mean a lot! Oh yeah and please do follow, I'm updating here all the time and I'm coming out with some videos including ETHEREUM & OTHER ALT COINS very soon! Happy Trading! ❤✌📈
by DeFeye
1
BITCOIN Confirmed bottom?There are two 3 scenarios here for me: 1: We break the neckline of the W at around 43.800 and rally back up 2: We build a support channel between 42k and 44k 3: We brake below the channel and keep hitting my targets of 40k to 37k which I talked about in many posts over the past month. I could see some sideways moving, but eventually I see BTC going to those lower levels before we rally again I'm not panicking unless we break those levels, I might be short-term bearish but mid/long-term still bullish unless we break below my targets coming from a very strong support. 👇 Here are a couple of posts from a couple of days ago where I wrote about those targets. 👇 www.tradingview.com www.tradingview.com www.tradingview.com
by DeFeye
BITCOIN Bounced in familiar territory!BTC just broke out of a triangle on th 1h BTCUSDT chart. We Bounced in the lower support region which held for the last month or so since the december 4 crash. I marked our resistance levels on the chart: 1: At about 48k is where the 200 Day SMA is right now, BTC has been below it since Dec. 29 and got rejected multiple times since then when BTC tried to rally. 2: Right above between 48.250 and 48.600 is the Golden pocket of the Fibonaci retracement of the current trend. 3: We have the Bull market Support Band formed bythe 20w SMA (Pink 53k) and the 21w EMA (Green 51k) Those levels have proven to be tough resistances for over a month now, and in combination with many other bearish factors and idicators, I still see lower price levels for Bitcoin befre we break the current downtrend. See my previous posts for further details about my view point and targets. Thanks for your time! Show me some ❤and leave me a comment or like. And if you can't get enough, hit the follow button! Happy Trading! ✌❤📈
by DeFeye
2
BITCOIN about to GO LOWER!?What's up everyone! Earlier I posted about Bitcoin on the weekly chart, and i wanted to get into some more short-term stuff. I highlighted the main factors on the chart, all in all I'm very bullish for the mid/long-term for Bitcoin, but for the inmediate short-term I'm more bearish and I think we are going to hit the lower targets before we bounce and rally to new ATH's. If you enjoy my ideas, please like, comment, share, subscribe... and all the good stuff! I appreciate any type of feedback! (See my post on the weekly chart from today below) Happy Traing ✌❤♠📈
by DeFeye
BITCOIN Repeating History?What's up fellow investors & traders! I highlighted some major similarities here on the Weekly Chart. I've posted this pattern for the first time about 3 weeks ago and wanted to go into some more detail. Keep in mind that this is only one out of a bunch of possible scenarios, but for now its still my favorite one. If you like what you see and want me to keep posting my ideas on here, show me some ❤ by liking 👍, sharing and commenting on my posts! And if you want to stay up to date give me follow. (Leave me a comment if you want me to make a video about this, including different time-frames and indicators.) Happy New Year & Happy Trading ✌❤📈
COINBASE:BTCUSD
by DeFeye
2
BITCOIN Price Areas & Targets Happy New Year 2022 Everyone! Here are my inmediate short-term targets for BTC. Its based on the Fibonacci retrcement of the current trend that was initiated by the crash on December 4th. Tomorrow I will post video specifying things and I will also look at patterns, indicators and targets on some larger time frames. Please Leave me a comment/like if you found this post interesting and subscribe if you would like to see more. As always thank you guys and happy trading!
by DeFeye
1
BTC Falling Wedge Here on the 4h and smaller time frames we build a falling wedge that is about to break. If we break out to the upside, once again we will have to break through the golden pocket on the Fibonacci (0.65 - 0.618) and confirm above it in order for me to go long. If we break to the downside, I'm looking at the 46-45k level to hold. If not we got 42k and 40k as a solid support. Also check out this Head & Shoulders Pattern below, I've posted it for the first time more than two weeks ago where I said that it is my favorite option for the mid-long term for bitcoin. It still is my favorite, so check it out. Please like, share, comment and follow if you like my ideas and want me to keep posting them. Happy Trading✌️❤
by DeFeye
BTC Golden PocketWe are sitting right below the 0.618 Fib. Retracement where we got rejected multiple times on the 4h. If we can break above and confirm I will go long to my targets of 52k and 53k. Otherwise I can't see us going g on another rally from this area that we've been in since early December. Bottom of the fib. Here is very possible and even lower. See my previous posts that are tagged to get a clearer picture of what I mean. I'll Update this Post if anything happens. Please follow, comment or like if you appreciate my posts, It motivates me to post more! Happy holidays & Happy trading ✌️🎄🙂
by DeFeye
2