Cryoto
PUNDIX Playout 2Things are turning around, lets pray and hope it stays that way. We all know this is crypto anything can happen.
All my thoughts and analysis based on past price movements. *An attempt to predict future price movements*
I try my best to be as insightful as possible but I'm not a financial advisor and in no way claim to be. Crypto can be an unforgiving place with the prices movements, so please trade wisely and do your research and analysis then compare with mine and others if you wish.
I'm still bullish and I believe in the project
What if the (BTC) top is in? PARABOLIC CURVE BROKEN ($62,000) I’ve been studying my TA for hours now thinking of different scenarios and then made this chart and now I’m feeling quite bearish for bitcoin.
May not be the cycle top (macro - higher time frame), however that does not mean the (micro - lower time frame) top isn’t possibly in.
Could we be ready for the next leg down to test the current support at $55,000’s?
Time will tell, I’m just sharing what the chart is showing on the daily.
bitcoin technical overview April 1stlooking at a higher time frame expanding pattern coming from a big impulsive move to the upside,
price has moved very correctively to make a second touch within the larger expanding pattern,
multi touch ascending channel/ anticipating for price to make a further correction moving to the
downside after moving to the outer structure, price has met to a fib resistance here in the outer
trend line and also anticipating price to make a push to the beginning of the ascending channel and testing the .618 support level
TOTAL Marketcap Pull back and go higher? How about BTC price?
Senario 1
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From FIB retracement 0.786 = 1.66T will pull back to 0.5 = 1.528T then will go 1.77T. After 1.77T then will pull back 0.382 = 1.47T and then will go moon 1.618 = 12T.
This is will lead to the price BTC will 56000 range, they will pull back to 48000 next will go 58000. The last pullback will be the 44000 range. Next will go next range 62k range or 80k range.
Senario 2
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From FIB retracement 0.786 = 1.66T then will go 1.77T, then will pullback to 0.618 = 1.6T range or 0.384 = 1.47T then go to the moon 2T.
This will lead to price BTC to 58000 pullbacks to 46000 range, sideway then drop to 44000 range then will to the moon price
** Invest with your investing fund, Please do not invest with your food fund **
BNT possible break out Consolidation has been going on in this wedge for while.
Breakout would confirm bullish momentum.
BITCOIN outlookThere's alot of talk about a BTC top being in already. Can't see it personally. I can see 2 very strong trends that we are above whilst also consolidating very nicely around the $33k level.
The downward resistance meets both trends (double support) around the February 20th time, however we could see a break out before then. If we break out and flip the $36k resistance as support than I am 100% confident in the next massive move to the upside. I do expect one last sell off from the 40k zone to shake out weak hands.
NUUSD 15min chart of my other perdection VERY likey a dump is incoming if we can break the top resistance we might have a huge pump to around .26-.28
What if Bitcoin drops to 5k again! A bearish Scenario!What if this is an ABC correction!
What if Smart money wants to buy cheap!
What if wall street wants to jump into Bitcoin! Manipulation you say!
What if another market crash is pending! Nah not happening!
What if the Great Reset is a total reset? Huh!
LOL, please don't take this seriously, until it happens. Who knows, nothing is permanent anyways!
NOTE: This idea is a joke (maybe). No Fear, Uncertainty, Doubt (FUD) please. ;)
DOT is Ready to go to ATHA good trade opportunity to open small position at current price of $4 and double it, if it goes to 3.8. Stop loss should be at 3.6. Dot is holding this support well and If it continues, we will see DOT mooning soon.
Targets are posted, all the best.
Please comment if you want me to look any coin for you. Thanks.
Origin protocol: Catch a falling knife?Bit of a knife catch
Simple TA,
- Demand tail at trendline support with lower volume. Go to the 4H chart and see what I mean. The volume is actually decreasing signalling a reduction in supply.
- Higher lows.
Concerns,
- Could fall further so invest with money you're willing to lose. High risk high reward.
- When it falls, usually price declines for 2-3 days so might be better waiting till it shows some sign of recovery