Cyptocurrency
Bitcoin 12 Month Candles Looking at the 12month candles we can see a pattern emerge , if we take a measurement from the wick of the of the previous all time high candle in 2013 down to the close of candle of 2016 you get a candle that closed 17% from the previous halving top , if history repeats itself then the yearly candle would close just above 0.236 fib at around 16800.
Yearly Candle Mirrors
2014 = 2018
2015 = 2019
2016 = 2020
2017 = 2021
The yearly candle of 2017 as well is important since it can show us a potential bottom for next year will it hit the 0.382 fib like last time , if so that would be a bottom of 12745 for 2021.
Does the cycle repeat? or does the theory of lengthen cycles come into play only time shall tell , one thing is for sure that the stock to flow is playing out exactly the same as last cycle.
www.lookintobitcoin.com
Gold SellFollowing from yesterdays gold sell, looking for this pull back to continue slightly further above 0.618 to RT region. Then see some further continuation to the downside. After FOMC last night looks like we're seeing some strengthening of the dollar, which is inline with gold to continue selling. Will wait for rejection around this region for a viable entry.
CRVBTC - 1H Watch for scalping opportunityentry 1600-1800
possible levels for a short period are 2100-2300
stop 1500
Should look closely for a bitcoin and in case of retest at 10600-10800$ levels, the price for the CRV could go up quickly up because it of its good volume, but the volume on the cryptomarket is low at general, so the BTC might go way down if resistance is not strong enough.
I'm trading for fun and profit, not a trading advicer.
SL Under 0.00000150SL Under 0.00000150
I'm waiting for 0.00000800 and hope it's still alive ha haa..
Make it or break it - Risky ShortThe 4 hour is bullish as we speak, but we should monitor the key level at 9.
Upper trend line will be target price of 1st bearish wave, lower trend line will be target price of deeper bearish pressure.
If 9 breaks then major move upwards.
Would look for a short entry around all time high price with extremely tight stop losses.
Bitcoin Cash Break-out - Long Term Upside In the 4H chart, BCH broke out from a bearish channel that led price movements in the past days. Now it is flirting nicely with first resistance at 235-240. On the fundamental side, BCH mining rewards have been halved in the past months. The recent break-out might prompt a more profound and long term bull-run if accumulation starts at these levels
Everything will depends if the current trading levels will hold in the short term. The recent break-out might suggest so, since long term resistance lines have been broken.
Key Long-term resistance intervals are
270-280 USDT
320-340 USDT
420-440 USDT
Long Term Strategy:
Buy 220-240
TP1 275
TP2 325
TP3 430
TP4 500+
For Future trader with 10-25x leverage:
TP1 245
TP2 257
TP3 276
TP4 300
BTCUSDTSo far with lot of supports maintained above 9k. Series dumps due to fear, market might decline. Mostly miners & hodlrs dumping in fear. Critical pace till July 10, if no support and pumps. Can expect the btc to hit below 8k faster than expected Before end of July.
Very less chances for BTC pump more than 12k, if got a bull trend.
For SHORT - better to wait few more days.
ETHUSD is rising on the H4 frameHi everybody !
ETHUSD is showing signs of increasing purchasing power and this is the reason why I made such a comment.
1 / EMA 200 H4 frame is sloping up showing that the main trend is uptrend
2 / Observing the recent trend on the chart we see that ETHUSD has three times touched the 200 ema line and turned on the possibility that bigboys want to push the price higher.
3 / The trendline slopes down but the closing candle has exceeded the trendline and is rising.
>>> My comment is that the price is likely to pullback closer to the trenline so it will bounce up according to the arrows I've drawn.
* Target city is 245 - 250
* SL Below the 200 ema line
* Risk management is important
This is a personal forecast you should only consult before making a decision on the order.
If you're not sure and taking risks, stay out of the way and watch your money for other opportunities to be more confident.
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Your comments below the comment section.
BTCUSD is facing strong resistanceThe area 9500 - 9600 is now a strong resistance, this is a fairly bold setup, please consult and decide.
* This strong resistance level has been tested many times and cannot be overcome.
* 1 sell order at this time is risky but for reward worthy.
* The entry area is a horizontal bar showing resistance.
* SL is the red area
* TP is the green area as shown.
This setup is simple, but it gives a high probability, so risk should be considered, if not sure, stand outside to protect your money which is also a good strategy.
Good luck.
BTCUSD is in a bear flag patternThe H4 frame shows BTC moving in a bear flag pattern, which is a bearish pattern. The square I drew is the price range
This model should be noted on the sell side.
* If the price goes above the upper channel, don't take sides because it is not clear
* If the price crosses the lower channel with a big candle, please click on the command or wait to pullback to the lower channel.
* SL 1 is at the top of the bearish descending candlestick broke the pattern, SL 2 is at the top of the model (square).
* TP1 and TP2 are the ideal profit targets that I have marked already.
>>> Pullback is safer, but remember you don't always have pullbacks.
>>> This is a setup for your reference before entering the command, if you want to exchange please leave a comment below.
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🚀💣Rocket Bomb's New Bitcoin Update 🎥Hello, friends.😘 That's my Bitcoin update.🎥
👉🏻The price left the descending channel , and I hope, that the distribution zone is behind and the price will be able to fix at the levels 9 200 - 9 300 🚀🚀🚀
🔥That way will be able to return to our strategy: buy cheaper and sell more expansive!🔥
On the chart,🔴 - descending channel , which show us the last stages of distribution.❗ And 💚 - small accumulation zone, after which we saw up movement🚀 .
The next step, we can expect re-accumulation zone and further growth of Bitcoin .🚀🚀🚀
Well, anyway, I hope so.🤣🤣🤣🤣
✍🏻Don't forget, put me like and write a comment under this video.💓
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The big picture chart of BitcoinThis is a reference chart of the longterm perspective for bitcoin that will be used in references for longterm views on bitcoin price to make medium term swing trade decisions. It encompasses the trend from 0.01 to the highs in 2013 and 2018. Even though the earliest price on this chart is 10$ the trend channel takes the first BTC price of 0.01 into consideration that is taken from BLX index. The red line in the middle is the channel median or average line even though it doesn't look like it because this chart doesn't show the price history before 10$. You can check out the previous idea made on BLX index linked below to see how this chart is used for price predictions.
Just incase you people forgot btc 6666Now that we have successfully did not break the trend upwards. I am expecting slowly we will bleed to 6666 by end of june and then moon later.
Here and there we might bump. But the moon time not now for me.
This is just my thinking! Not financial advice. Trade with proper risk management.
Cheers