Unfortunately, the great master of escape has run out of steam this time... Already in August 2022 it should have become clear that Bitcoin is only a charade and is on a downward path.
My current view on Bitcoin to check later: still in limbo for a while? As it looks, it could continue to trade range-bound between the very long-term red and green trendlines for a while. It may end up sliding down along the dashed blue medium-term resistance line.
bitcoin short...We see some institutional candles.. and we are ready to breakout that,and after that we will go short to,12,000 for daily Ic candle.After 12k we are going to the moon.
Nas100 had been on steady fall since 16th of August , however ,the current pull back seems to have come to an end and also happening at a major zone, According to DANCOLNATION CAPITAL strategy, the next bearish touch at 10967 price level will be a confirmation of a possible drop of 8600+ PIPS with my 50% profit taken out at 100% retracement price level 10682 and...
If we look at the chart, we see that the same thing has happened in the past of the chart, I simulated the same thing and I achieved green lines that are very important supports **Of course, the area we are in is very important if we are to think about green lines in case of defeat**
time to reset the charts and look at the new support. hope we hold. Mercury Retrograde is coming Jan.14.
This is what I believe we could see on BTC over the next 3 months. Could be way off, we'll see.
After clearing the 43k level with no issues, our next target is 47K. Watch and see
Do not forget that traders use different analysis tools... These key points are made by MA & Pivots & Fibonacci retracement & other techniques... BTC is Bearish by my idea and we are going to have mid term Recession...
BINANCE:BTCUSDTPERP BINANCE:BTCUSDT - 200 Ema - Retracement 2 fibo - 3 fibo Buying zone
The second bigger parabola in the current price structure, the 3rd one already broke and pullbacked, but this is still holding the price. Until we break down this parabola no reason for big pullbacks jet.
Hello friends! At that moment BTC is up for 5th wave of march bottom .. targets on the chart By El-Sayed Owaidy, CETA, CFTe Founder of Egyptian Academy of Elliott Wave EAEW
Long on link. Appears to be forming a rather profitable cup and handle. Long Long Long. Will peak right before Christmas.
Holding on the red line is fundamental
Do you promise not to tell? Closer, let me whisper in your ear I'll tell the words that you long to hear: Nobody knows now whether Bitcoin will sink or rise, but the crucial question that will determine much more is going to be whether or not the blue line crosses the red from bottom to top. I can say no more. Take care & good luck ReallyMe
Currently. We are currently on DownTrend Channel. If This DownTrend channel works perfectly we must dump to FIB 61.80% under the next 3days. Note: The pattern is only valid if the Downtrend channel works.
My guess is first to get the liquidity out by making a LL. In the past this happend a lot. Let's find if history is gonna repeat itself.