The elliot wave count here is very clear. Lets see how I develops. The low might be in or a few more taps near the low to make the bottom and then moon.
A day or 2 ago I posted an idea of BTC going back down to 38K, We retested resistance again since then and are slowly making our way to the range low and I think it will break this time towards 38K. The ETF approval is nearing in the first week of the new year probably. This could trigger a selloff like most major news events in crypto So far everything is going...
Bull theory – Bottom is already in for Bitcoin INDEX:BTCUSD There are severeal technical indicators and measurements that suggest it could be. Firstly, the 50-week MA already crossed the 100-week MA. Each time this occured, the bottom was already in, both times as the weekly RSI dipped into oversold conditions. The price behavior has also been similar to the...
AMEX:XLK Weekly structure changed, and the price is in a huge volume gap. Weekly head and shoulder breakdown and pops gonna get sold back down IMO. First target hit and is now aggressively approaching the big target, which is the massive volume node around 150 🎯
Bitcoin is resurging after the wall street turns red. It has done a great job in acting as a safe heaven asset even leaving the gold behind. BTC activity is picking up and if SPX goes below 4,000 level, we could see bitcoin back up above the 30k level.
Hello fellow traders, today i would like to share my idea on the next possible move of BTC . Since I'm new to trading and not qualified to give any sort of financial advice take this as a general outlook of the current situation and my personal thought. I'm not a native english speaker so excuse me if i make any sort of grammatical errors. For starters i would...
Bitcoin is moving in a main descending channel in the 4-hour time frame, and as I expected, the descending Scallop pattern worked well.👇✅ But if you look a little more at the Bitcoin chart in the 1-hour time frame, you will notice that Bitcoin was able to create a smaller descending channel inside the main descending channel. I expect Bitcoin to break out of...
Adding a DOGE long here. Initial target break of the top 0.0193.
no explanation needed take profits at pullback and at resistances and don't be greedy all profit is good profit
Can we use the past to predict the future? Hello everyone, today I will answer the question: Can we use the past to predict the future? Like many questions in finance, it is difficult to give a yes or no answer. On the one hand, yes we can say that in practice and historically we can predict, or at least get a good approximation of the future of an asset by...
Traders, In this update, I am going to focus mostly on the U.S. Housing Market decline and what it means for the Feds reactionary policies, the U.S. stock markets, crypto, and the future of our U.S. economy. Stew
This is one of a million reasons to why i think we havent bottom yet. Please dont cry in the comments, this is simply just an idea i wanna share with everyone NFA,DYOR Bitcoin/BTC/Crypto target is 10-12k and it worst case 7k and best case 14k
Expect an upside correction to 17K first. A relief rally after severe drop is normal. Breakdown below 15K will be only after the visit of 17K. After 17K the price might go for another leg up to 18K. Nevertheless it will drop eventually. Bearish sentiment of 14K in one-two days is highly unlikely. If it happens anyways, it will be triggered by some extremely bad...
Disclaimer: NOT FINANCIAL ADVICE | Please Like and Follow if you agree. As we can see we are inside a falling wedge pattern which is a bullish pattern and it's more likely break to the upside. if this pattern play out we can enter to a long position at 18950 are because it's demand zone in 4HR timeframe. or you can wait to break the resistance then you can enter...
a ton of fairly good setups out there. continue looking for the high beta plays. from a macro perspective, if we get this zone as the swing low, avax should run much higher.. but from a local perspective, we think $19 is a conservative 10% target where we'll likely start to see some turbulence.
BTC doing zigzag as correction of wave 1 which will form the larger wave 5 of the bearish down trend