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Dump

Supercycles every 4 years on BTC. Easy explanation.2013; bitcoin suffered a big correction, it went down around 87%. 4 years after that correction began on 2017 another huge correction took place, this time bitcoin went down around 81% and also 4 years after the 2017 correction on 2021-2022 a new correction might have began? Well I actually think we are actually about to see how btc dumps, probably to 20k, due to the psychological power of 20k and also because it was the 2017 ath. Double top on 65k might be one of the main reasons of this massive dump, resistance on that price range is really heavy. 20k is the fastest and easiest ways to get to 100k+. I might be wrong, just my analysis. Thanks for reading, UrDaddyBB
BITSTAMP:BTCUSDShort
by UrDaddyBB
Ichi says "Wait for it..."For the last few days wild predictions have been flooding the crypto market regarding DOT with unbelievable TP levels, even if some may come true we can see that we are still beneath the kumo, furthermore in the btc pairing we can see a clash with the kumo , The TOTAL3 market, shows it lingering to critical support below the 200EMA, a reverseasl may be imminent but so far it hasn't happened yet, also the whole chart looks like a giant HnS mixed with a bearish triple top, which from the present point can be the just the beginning of a huge drop If we look at the Stock to flow model, we can also spot that we are changing from green to cyan showing that the BTC is cooling its cycle, i think maybe everyone is just way too optimist for the current situation since in the 3dtimeframe volume has just crossed below the kumo. we are still bearish with the RSI, beatish on MACD in the BTC pair in higher timeframes, and I wouldnt be the least surprised if we went up a bit to test resistance proceeded by a massive dump. or a long sideways movement trending downwatds before we cross upwards. if we do dump the next stop is at 13 USDT. Either Way its only bullish once it crosses the kumo on the higher TF. I personally will start looking for entries then at lower time frames. Trade carefully Short term:Bearish Long term: Neutral Disclaimer: This is a personal interpretation of the market charts, and is not intended in any way to sustain or provide financial advice.
Short
by El_Morenito
3 scenarios for BTC1. Best Scenario = Green line: -bounce back from 41K-40K -continue its 5th line on the Rising Wedge -form new ATH, before it end this Bullrun cycle for good. 2. Most likely scenario = Yellow line -bounce back from 41K-40K -held by 51K resistance, and dump back to 40k and finally forms the right shoulder -continues dump to 30K support 3. Worst case scenario = Red line - Blows through the 40K support, straight to next 30K support past its Double Top neckline - dump to last support 10K, and crypto winter till next Bullrun In the end, all of the outcome is still strongly bearish.
Short
by rizalharmadi
GBPUSD close to resistance ❌🧨As I mentioned in my previous analyse we had fake break out for the price and price exactly start gaining( about500 pips ) and hit our target 💣✔🚀 and now here we have important daily resistance and trend line so we expect correction for the price and our next target is close to our support area This is not financial advice, always do your own research. please, fell free to ask your question, write it in comments below and I will answer. 🐋
Short
by MadWhale
29
🔥 Bitcoin Summer'21 Fractal Points Short-Term BullishRecently I made an analysis where I compared Bitcoin's current price action with the summer'21 bear market. See below for a complete overview. I was assuming that we already had point 4, but that was not the case. Now that we're testing the wick, we can make a better case for being in point 4 now. As mentioned in the previous post, there was a decent chance that we were going to re-test the area around the capitulation wick, the violet line. Fun fact; the wick re-test occurred around the same time as it did in the summer'21 bear market, 32.5 days versus 34 days. Yesterday we saw a major flush towards the area around the wick, which is still holding. In case of a bounce, I'm targeting the violet area for a potential exit. Be aware that we might still drop further, fractals are never 100% identical. In case of a substantial drop below $40k we can assume that we're not following the summer'21 fractal and the analysis will get invalidated. Happy trading!
INDEX:BTCUSD
by FieryTrading
11
FANTOM close to resistance ❌🧨based on the chart the price is close to important resistance and 3$ round number and we can expect correction at least to 38 or 50 Fibonacci levels ❌🧨 after that on 50 Fibonacci we can expect gain for the price🚀 but if the price breaks the 50 Fibonacci and 62 Fibonacci we can expect huge dump ❌🧨❌ This is not financial advice, always do your own research. please, fell free to ask your question, write it in comments below and I will answer. 🐋3
Short
by MadWhale
17
LUNA correction before gain ❌🧨based on the chart here the price is close to resistance levels like 100$ and 103.60$ and 68 Fibonacci ❌🧨 so we expect correction for the price at least to 80$ and if the price stay below this level it can touch our support area and our trend line too ❌🧨 if the price breaks this important levels ( 100$ and 103.60$ and 68 Fibonacci) we can expect gaining for the price 🚀 This is not financial advice, always do your own research. please, fell free to ask your question, write it in comments below and I will answer. 🐋
Short
by MadWhale
2