BTC dropped >$4000 since our last trading idea. BTC 6H support zone is now at ~$26100 And resistance is at $27500 and $28350 Cheers
Due to the clearing of the local area of 32,000, it is providing liquidity and reloading purchase orders to the target of 37,000 dollars, and from that price level, I am waiting for the market to crash and fall below 15,000 dollars. Currently, I am waiting for the price to reach below 24,000 to buy a spot and a profit of about 50%. Not financial advice
Descending wedge still intact , nothing to fear for now. This is the pattern that decides everything that I have been working on since June 2022 , this pattern breaks to the downside my thesis on where we are in the Bitcoin cycle is invalided. I'm sure it won't , we have bullish divergence on the 4hour and descending wedge intact. We also have this very...
This is the 4 hr chart as you see I have drawn out the Head & Shoulders everyone was afraid of that was going to play out. Too me we're past a HS sell-off & in the Consolidation phase for the next big Bull run. The closer we get to August the more Bullish I become, this is due to the Technical Analysis along with the wide Integration of BTC/Crypto which is...
This chart is a repeat from my last post but I fixed the chart position so you can see the drawings better. "xtz btc pair is what i'm paying attention to here. 1D chart shows clear signs of "I want to go up". This is merely an observation. From basic understanding of cycles and patterns the next steps for xtz would be a period of sideways movement followed by a...
Using the Mayer Multiple Bands indicator Created by @ GlassHalfFull I have the basis set to 55 I also quite like the 9 day time frame and this indicator :) My short term down side target would be $18.5k My short term up side target would be $20.64k or $22k I would buy the dip if price action came back down to 18.5k or lower ! //---- This publication is Not...
Important moment for BTC, will w break the trend up or down?
If we zoom out, we can see 3 steps : each one based on a specific angle. I calculated the relation between these 3 values to imagine the continuation, and so, the 4th step. I found a coincidence to the end of the 2018 crash. So HODL until sept and buy between sept-oct to prepare the bullish trend during 2019.
HI GUYS. today is such a gloomy day. btc is falling, and falling. i have opened my short position at 6500, sold it at 6080. I went long at 6050, sold it at 6150. for me, it is successful, but there are so many people in dooms! now, i want to share quick about a potential inverse pattern that might play out. this is all just a SCENARIO, IF we play out just like...