Bitcoin 2022-end of 2024
think I finally found a reason to sign up for a membership.
gotta keep this chart--- and I also need more templates.
Heat Map is synced to the candles- and the color of the candles is synchronized to the chart and the heatmap.
Heat Map is set to 1 month time frame-
Keep searching for all my patterns-
there is a few good ones in my profile.
Going Long- on this chart.
Trying out the range for 3-4 hours if it works well.
Analyzing Chart after complete- will post new patterns once job is done.
once completed= searching for new patterns. BITSTAMP:BTCUSD
Cryptotwitter
btc bearish or bullish?so this is a 2 week chart, on the daily timeframe and these weekly tf we are still bullish as we continue to make higher highs and higher lows, but we have volume decreasing, we have bearish divergence since last year. volume normally gets lower as we get closer to the end of a pattern as it gets squeezed.
onchain data looks super bullish as well. so going back to my last chart on the daily as long as 40k holds and we don't get a lower low about another 30 days of consolidation if the daily fractal plays out, if 40k doesn't hold then we could have another mini bear market type of deal. i think we will see some downside/sideways as this bearish divergence plays out. short/mid term bearish then bullish. but until then higher highs and higher lows. trend is your friend until is betrays you.
BTC not able to secure the higher highEuphoria is getting crazy again, as BTC manages to close 8 candles in a row bullish.
However the higher high has not been secured with this run, as we finally see the pullback to 200D EMA right now.
My first bullish signal is when BTC closes above 40,5K on the daily candle. Let's see if we can finally break the bearish downtrend. Everything can happen imo :)
Bitcoin next moves. #bitcoin # BTCUSDok to start- This isn't financial advice. This is my personal notes for benchmarking and reference material. Not a finanial advisor and don't follow my personal analysis. Cause this is just my personal analysis.
OK- the picture has cleared up and the traders that have kept it REALLY boring the past couple of weeks (unless you bought the top) are running out of rooom. Theres been alot of bearishness on CT. The reasons are two fold. 1) Traders gonna trade. 2) China FUD is real this cycle.
That said, china bitmex shortt positions have fallen considerably with only a mild impact to $BTC price.
Furthermore, borrowing from a (rather THE) trusted source of crypto trading, we have been confidently bouncing off the HTF (high time frame= 1 yr+) support with consistency. Definateyl should have stop losses in place (mine are personally @ 32,750 right now. That said-
1. We did break out of the desceding channel to the high side.
2. $35K appears to be testing ST and long term support
- Double bottom here locally.
- This number also represents the beginning of the feb 2021 parabolic move (DYOR)
More to thiss, but im tired and will pick back up later.
If you are following me here, follow me on twitter @allenwhudson for more frequent updates.
PS- I don't get paid shit, but i pay it forward. i'll never ask you to DM me or sell $hitcoin for a fee..f' those guys (most of Crypto Twitter)
ADABTC - Cardano forming a bull pennant on the 4h chartThe bullish uptrend is still intact, and Cardano is forming a bull pennant on the 4h chart against BTC. Measured move from the flagpole on a breakout is around 6100 sats depending on the break point, which also lines up with the ATH candle close from 2018 (ignoring the wicks).
As long as BTC remains above 42k or so, continuation seems likely given the strength of the move so far, and the bullish fundamentals Cardano has for release in the coming months. Smart contracts testnet this month - mainnet release in August, combined with the high cost of other smart contract blockchains at the moment, present a high probability of a high level of adoption.
There isn't much in the way of resistance to a continuation against BTC except for the recent local top.
BTCUSD [LONG] LTF overviewTo continue with my long bias... Lower time frame Elliot Waves count shows us a possible leading diagonal for a wave 1 and ABC down for a possible wave 2, also OBV has touched a trendline from the bottom and got a bounce from 2019 October resistance, which means we could be flipping resistance in to support on OBV. This action is confirming Elliot Wave Count as well, therefore I got to still stay bullish. If we manage to flip above 8500, I would be extra bullish and would be waiting for 9600, at this level I would reevaluate my long exposure
Good trading and good weekend everyone
BTCUSD 4HR Indicator SetIndicators: 4hr time frame analysis
EMAs:
High Time Frame
-71 day EMA (426 point) blue thin 1
-81 day EMA (486) blue thin 2
-100 day EMA (600 point) blue thick
-150 day EMA (900 point) red thin
-200 day EMA (1200) red thick
Medium Time Frame
-14 day/2 week EMA (84 point) white dotted
-21 day/3 week EMA (126 point) yellow dotted
-28 day/4 week EMA (168 point) grey dotted
-50 day EMA (300 point) yellow thick
-64 day EMA (384 point) yellow thin
Low Time Frame
-1 day EMA (6 point) grey step line
-3 day EMA (18 point) light grey thin
-5 day EMA (30 point) light grey thin
-7 day/1 week EMA (42 point) grey thin
-10 day EMA (60 point) grey thin
Sigma Trend Bot Analysis (HullMA, close, 0, 21, 1, 0.7, 1D, HullMA, open, 0, 21, 1, 0.5)
-Deviation and Trend Tolerance Bands (Turquoise Bands, Turquoise Dots, White Step Line)
-buy/sell signal scalps to basis line (white step line)
-trend direction (bullish/bearish) with trend strength and weakness
-blue = strong bullish PA, light blue = weak bullish PA, red = strong bearish PA, pink = weak bearish PA)
-Heikin Ashi candle outline to show normal candle color(green(bullish), red(bearish))
-confirm on candle close (every 4hrs)
Ichimoku Cloud (20/60/120/30)
Kijun Sen- Dark Red
Tenken Sen- Light Blue
Lead Strand A
Lead Strand B
MA Duplicates (with color change)
red and green dots help to show low time frame support and resistance
red and green color change line is the high time frame momentum tracker (sometimes can be used as support and resistance)
Gainzy DIvs
low and normal time frame strength
red/green gainzy divs weak/low time frame
yellow/blue gainzy divs strong/normal time frame
SAR
white dots above and below price action to show overall current trend direction
enjoy.
Healthy GrowthI'm 100% new to bitcoin and crypto all together. I started watching the price of bitcoin about 2 1/2 weeks ago and created a "lane of healthy growth". Just as we broke out of the latest bull flag, bitcoin started moving up in price. At the time of this post, Bitcoin is dead center of my lane and looking healthy. First Bitcoin purchase ever; June 19, 2019.