Not the first time I show up this one, So, we're still following this mega structure but with tinier scales - Green ellipse : We can start this fractal from the approval of the BTC ETF that happened the 10th January then BTC went ~20% down, followed by a ~100% move till the 10th March, 2 months ride The same happened end august 2020, btc went ~20% down,...
Over six weeks ago, Bitcoin start forming a Bull Flag pattern. The breakout above the 20-day and 50-day Simple Moving Averages (SMAs) confirmed a low, setting the stage for a potential rally towards the Bull flag's target of approximately $100K. Fast forward to today, BTCUSD has not only surpassed these SMAs but also cleared the Ichimoku Cloud, positioning the...
Yesterday we discussed from a 4H perspective (see chart below) why it would be technically possible and above all healthy for Bitcoin (BTCUSD) to pull-back to the 1D MA50 and then rebound: Today we approach this from the 1W time-frame where the results are virtually the same. As you can see, Bitcoin has pulled-back towards the 0.382 Fibonacci retracement...
bitcoin w.d. gann time cycle predictions using time cycles to predict future market turns, check previous predictions to see the results and proof
TOTAL MARKET CAP ANALYSIS After a good breakout, the total market cap is currently retesting above the neckline of the Adam & Eve pattern. A bullish trend is being determined by the MA 200. The continuance of the bullish surge would be verified by a successful retest above the neckline. If the retest is unsuccessful, the price will capture liquidity below the...
$BTC has successfully broken from 5D Gaussian Channel and its heading towards upside , while there can be dips and corrections , we may be heading to 36-40K for a relief rally and a big short squeeze , once people start calling for 100K again $BTC will strongly pullback creating a base and taking liquidity for next bull run! Take advantages of this frends and be...
Bitcoin has been short at 23,900 for many consecutive days, and it has already been traded for profit. The market outlook will maintain the original idea, continue to be bearish on Bitcoin, and those who have not entered the market can wait for a rebound in the evening. After the rebound, rely on the pressure of 23,800 to sell empty orders Can be re-entered....
Hello traders, here's a quick update on BTC in 6 hours timeframe. BTC has just rallied $24.9k and in my previous post I mentioned that 'To make a successful rally toward $25k, BTC must break above the $22.3k to $22.7k resistance'. It did break above it and currently, the price is trending at $24.6k. This is crazy but I am gonna be cautious here because $25k was...
check it 9k is lowest i think but gyunna take a while to get there
Lets take a look at LOG Scale We can clearly see the completion of 2 legs down so far. Will there be another leg down? No: Counts can be 3-3-5 or 5-3-5 so far depending the way one counts but either way this would yield a complete corrective pattern so far. Yes: If there will be another leg down the current move is expected to be 3-wave pattern like the first...
📉 Text marks: 🔹 IL = impulse leg. Inside of IL we can usually see inside structure, which is secondary in nature, like a market noise, unless you trade it on LTF, as it’s own IL. 🔹 ph, pl = protected high or low, which holds current structural impulse. 🔹 bos = break of structure . Based on candle body close below/above previous structural impulse. 🔹 rsz, rdz =...
Hi team, This week my analysis on CHFJPY got stopped out. A big part of trading is being able to understand where we have gone wrong, and adapt to the market. I have re-worked my analysis of CHFJPY. Zooming out to the weekly time-frame, the wave analysis actually becomes very simple. We are currently in the final (bullish) wave of this ascending channel...
The price has reached resistance. I'm expecting a bounce. Have a nice trade! Your Solldy
looks like bitcoin has made a retest back up to the new resistance. if a rejection happens this could be another confirmation of a potential sell. currently still in a daily heads and shoulder pattern with a target of 28,000 Short term: Buy up to 46,000, look to sell if price rejects this level.
if bitcoin prices continue to remain bullish i will take a step back and wait on trading btcusd. next resistance is 44,500 short term... long term look to 49,000 if btcusd slows this momentum and reverse look to sell back into previous support at 39,000 short term... Long term loof to sell back into consolidation at 35,000 USD** after a "positive" NFP look for...
Welcome to this quick update, everyone. If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way. I also post altcoin setups on Spot, Margin, and Futures. I have tried my best to bring the best possible outcome in this chart. As we can see in the chart USDT DOMINANCE facing the most important resistance...
Disclaimer; this is a long read Another Disclaimer; this is not one for the traders on a micro-level Last Disclaimer; the chart here is for proof of concept and data, I don’t expect many will “get” the chart outright Thought I would take a different view on BTC since we are in a slow period, by looking more closely at not what the price is, but where in time...
nice retracement , retest at trendline ,fibonacci looks good.