Bitcoin Bottom In? Weekly ChartHey everyone
Today i show you an idea about the Bitcoin weekly chart. The bearmarket bottom might was in already with all the bad news we had.
I hope everyone was buying in parts while we had cheap prices for a few months. Even if im wrong with this bottom and we go lower
its just a better buying opportunity. All you need is patience and you will get rewarded.
Of course we can have some random bad news or events that change the market directly but thats not predictable.
Important moves i am looking for is an retest of the WMA20 at 19k area. If that level holds it looks very good for pump towards 30k.
Another important level is the WMA50 which is at 26k right now. Once that breaks it confirms new ATH in my opinion.
If you dont know what coins to buy for the upcoming bullrun in 2023/2024 here is my portfolio.
Bitcoin / BTC
Ethereum / ETH
Quant / QNT
Fetch ai / FET
Chiliz / CHZ
Chainlink / LINK
Ocean Protocol / OCEAN
XRP Ripple / XRP
Dogecoin / DOGE
Some other positions aswell but this is the main focus and im very confident in these.
I expect this portfolio to 10x during the next bullrun.
Leave a like and follow if you like this idea or comment your idea of this.
No financial advice! Do your own research.
Cryptotrader
WILL BINANCE DELIST EFFECT ATOM?Binance has announced that it will delist ATOM from its spot trading platform on January 27th, 2023. . we look at the short-term frame of what could change.
Holders of ATOM on Binance's spot trading platform have two options: they can either transfer their coins to a different wallet or sell them. The latter option may have an impact on the price action of ATOM. However, it is important to note that there are no guarantees on how the market will react, and it's important to consider all possibilities
The news is just new and not older than 1H.
When the same happened before at the beam, we did see a huge breakdown of over 30%
but still, this does not mean it should happen the same, this idea is only to get watch the trend.
IOTX : VEHICLE TECHNOLOGY WILL EXPLODE IOTX TO THE MOON!As cars become more advanced and connected through the use of IoT technology, they will generate significant amounts of data that can be used for various purposes such as predictive maintenance, traffic management, and even autonomous driving. We believe that IoT technology will play a significant role in the advancement of autonomous driving. In order for cars to become connected, IoT is necessary.
We anticipate that the market for autonomous driving cars will become increasingly prevalent, similar to the growth of electric cars. Overall, the growth of vehicle technology is expected to drive the growth of the IoT market by creating new opportunities for data generation and analysis, improving safety and security, and facilitating the development of smart cities.
Security is a top priority, and Raullen Chai, the co-founder, and CEO of IoTeX, has a strong background in this area. He previously worked for companies such as Google, Uber, and Oracle, and holds a Ph.D. from the University of Waterloo, where his research focused on designing and analyzing lightweight ciphers and IoT authentication protocols.
We believe that IOTX is currently the best option for IoT on the market and in the crypto space, and it may show unexpected growth in the future. Our analysis has led us to believe that the internet of things will become a new trend and IOTX will enter into a new range of bull trends. IoT is necessary for the functionality of AI.
Based on our analysis, we expect IOTX to reach a value of $0.41 USD in the coming time, it's a coin that can go step by step until it breakout. However, it's important to always do your own research and trade safely. Keep in mind that, if there is real hype on the coin, the price action could go much higher, but we will have to wait and confirm this over time. This is not a coin that is recommended for trading, but it's worth keeping an eye on it.
Making best case for $BTC bottomApologize but can only for 1 chart here
We used a ton of charts for this
PLEASE see our profile for more data
1/ Small🧵
Making case 4 $BTC bottom
NOT SAYING #Bitcoin bottomed BUT it's good case
A
UNTIL change, use #BTC Futures data
All using spot @ huge disadvantage, to each their own
B
So far BULL flag playing out, perfectly
C
Inverse Head & Shoulder forming
D
RSI stays overbought
-
2/
E
#BTC downtrend BROKEN
Volume not great but buys are in
See pinned for $BTC bottom process
F
HUGE volume November, largest EVER for #Bitcoin
To untrained👀weekly looks like all sells
BUT, let's dissect
G1
Experience knows better, thank GOD
Green arrows show intraday BUYING
-
G2
Yellow & orange arrows = LONG WICKS
Yellow volume is OUTRIGHT GREEN!
Orange trickier, wick shows BOUNCE back = BUYS
H
#Bitcoin buys came in around low 17 to low 16k
I
Spot $BTC, 4th chart shows almost NO buying until 3 DAYS later!
J Could this have been capitulation???
-
K
IMO 24k #bitcoin TOUGH area
Gap 12/20 = 24K
L
Will take time to break, puts into perspective $BTC bottoming process
Longer #BTC takes to bottom = BETTER
M
Look @ A + B, traded above BOTH moving avgs b4 a crossover
N
Both times heavy vol came LATER
O
Weekly RSI ok
-
Truly believe few out there put data like this and have the accuracy.
If we get enough we are contemplating videos.
We don't need to post and show all of this as we can keep it to ourselves.
We aren't really looking to monetize. Our intent is to HELP masses.
PLEASE SUB & follow.
BNB is looking BullishBNBUSDT 12 HOURS Chart,
We could be about to form a bullish inverse head and shoulders pattern over here, we are currently retesting the neckline, if we go down a little bit more it could be a possibility of forming an Inverse head and shoulders pattern, the bottom that I have predicted would be the price of 260, since it is our current horizontal support, and 0.618 Fibonacci retracement level.
Bitcoin short-term update - next targets 👀🐂🐻Bitcoin short-term update
(a) BTC reached and even broke my target of $22,210 easely👀
(b) next bullish target at $23,127🐂
(c) bearish target at $21,913🐻
Have a great day dear Crypto Nation😎
Let me know your thoughts in the comments🤗
⬇️⬇️⬇️
Likes and Follow for updates appreciated🤗
Disclaimer:
Not financial advice
Do your own research before investing
The content shared is for educational purposes only and is my personal opinion
Perfect $BTC setup continuedSo far $BTC = beautiful!
#BTC Went slightly higher
2day forming lower high
HOPEFULLY:
Volume low during this
Few days slow selloff
Maybe trade above white line
Bases higher than previous lows
Eventual breakout with volume
Good #Bitcoin setup & bullish for #crypto in general
$GMT: Target 1 and 2 hit! ...and now what's the next?Hi everyone!
Short-term technical structure is still very interesting and $GMT seems to still be projected to upside again. After hitting our first two targets (see chart below), either before or after a corrective structure, I expect to reach my next target around 0.64 area, so I'll try to add Long positions on short-term pullbacks. With this in mind, a "Buy the Dip" approach might help.
PREVIOUS ANALYSIS
(Click on chart below)
If this idea will be supported by your "Likes" we will continue to follow the crypto with updates below.
thanks for your attention and please... trade with care! 💖
Stepn ($GMT) : Bullish continuation in short-medium term?Hello everyone!
After beautiful rally, $GMT has triggered a deep retracement, and while I cannot rule out a continuation, it should be limited. With this in mind, GMT still remains technically attractive, and should be able to trigger a new bullish leg in the near term. Target also seems to be interesting and a "Buy the dip!" strategy should be the right choice.
PREVIOUS ANALYSIS
(Click and play on chart below)
If this idea will be supported by your "Likes" we will continue to follow the crypto with updates below.
thanks for your attention and please... trade with care! 💖
BTC Elliott Wave Flat variantIf you find this information inspiring/helpful, please consider a boost and follow!
Any questions or comments, please leave a comment!
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I do a step by step walk through on an Elliott Wave flat using Bitcoin as a back drop...
Is BTC a Flat?
I dont know.
I dont have to know. But so far its looking like a possibility.
First things first have to complete an impulse up...
Cheers!
BTC, Elliott Wave Prettiness updateIf you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Also, check out the links in my signature to get to know me better!
From the last post, the price held above the level marked, "Ideal for a smaller degree wave 4". So that is how I have marked the chart.
Since it moved up, must move the whole operation up. I marked off the new levels possibilities on the chart, not a complete Elliott Wave analysis. If it moves up again, before a meaningful retrace, moving the whole operation up yet again... # charting Elliottwave.
These levels are going to be some clues/confluence for me as part of the Elliott wave guideline of the right look or "prettiness" factor.
Cheers!
ADA SEEMS BACK TARGET $0,59 : SINCE TODAY IMPORTANT CONFIMATIONTrend study shows that ADA looks to get back to an important level where it can increase in the coming time.
The next expected target for ADA is $0,59
The same as we did expect for OCEAN since the $0,15, we do in this target for ADA.
ADA is since a long time out of the trend, and it seems today to get back to that level.
The first breakout of ADA would be interesting for the trend of ADA to increase further
ADA has done since today an important confirmation for a long time, this could mean that we are entering soon into a new ADA breakout.
OCEAN : THE NEXT 2 TARGETS $0,22 - $0,34We did add before about this AI coin, and we expect that with time this project can be interesting with the AI trends.
Also since the last GPT3 chat, more companies and users get interested in AI.
For the short-term view, our expectation for this coin is with the next targets.
$0,22
$0,34
Since time and this coin holds the trend, even with the small breakdown trends, it comes back to trend, as DCA is active on it.
This coin is one of the coins with whale follow as we did add before.
DCA
Bitcoin - BTC next Fisher breakout ahead with trial no 6🟢❓Bitcoin
Next Fisher breakout ahead with trial no 6🟢❓
It might occur NOW🚨🚨🚨👀
March 2015 and 2019 those breaks led to a huge bullish run dear BTC and Crypto Nation 🐂😎
Let me know your thoughts in the comments🤗
⬇️⬇️⬇️
Likes and Follow for updates appreciated🤗
Disclaimer:
Not financial advice
Do your own research before investing
The content shared is for educational purposes only and is my personal opinion
Bitcoin short-term update - BTC in rising triangleBitcoin short-term update
(a) BTC with a perfect bounce at my drawn price resistance at $21,595👀
(b) bullish breakout of rising triangle would lead us to target $22,210🐂
(c) bearish breakout and we meet 2017 ATH at $19,892🐻
Let me know your thoughts in the comments🤗
⬇️⬇️⬇️
Likes and Follow for updates appreciated🤗
Disclaimer:
Not financial advice
Do your own research before investing
The content shared is for educational purposes only and is my personal opinion
KNC : OVERVIEW UPTRENDKNC is one of the coins selected today for an uptrend. We will closely monitor the coin to see if it can generate further gains
AVAXUSDT SHORTHere are fews point i am looking for this trade
1.Price are just ended a massive up trending and start to consolidate
2. We can see after a doulble Top price start a new trending momentum to downside
3. Start to form a weak Pattern (consolidate into a support area )
4.Great risk and reward (no Tartget more downside )
5. I need to see a strong momemtum bar break down before we entry this trade (if mometum are strong ,price never going to retested. )
EGLD in a potential pointIn weekly time frame there is a massive falling wedge pattern and finally the breakout has confirmed
we expect the price will raise to 64$ in next few days
Targets: 64$. 93$. 133$
Stop loss: 27$
Dont forget to support us with ur like and tell me in comments what do u think?
Good luck for all💙
GALA Elliott Wave ideal set up.If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Also, check out the links in my signature to get to know me better!
Letting the market come to me.
Yes I see the overlap but my main focus will be if this moves as a nice clean impulse down, and I will use that as an anchor for a possible play.
Cheers!