Bitcoin dumped for most of the day yesterday, finally finding support at $33K. We saw support just above our level at $32.3K, confirmed by a green triangle on the KRI. Subsequently, we were able to rally back to the $36K handle, breaking $36.7K barely, and making a run for $37.7K. This is the type of buyback we'd expect at the bottom, so we will see if current...
Bitcoin has taken another nose dive. We appeared to be finding good support in the $34K handle, but a sharp selloff took us down to support just above $32K. We are just $3K away from our final level of support at $29K (see the longer term analysis linked to this article). This is the bottom anchor of our daily Fibonacci levels. If we break through this, recall...
We have been calling for a Bitcoin correction since highs in November of 2021 (red arrows on the chart). We even gave Fibonacci for areas of support, all of which were validated during the selloff. It seems that cryptocurrencies are becoming more sensitive to things like interest rates and inflation. The global markets have sharply corrected due to the Fed's...
bitcoin will test a pump but if we don't hold 41k will dip to 35k after 32.5k , if you gays want to use features be carefull wait for suport confirmations , the bear market started
We broke our key trendline. The last time this happened we got the covid crash. Its better to stay out of the markets for now. We also broke the weekly bollinger band which could lead to further pain. I'll rather buy back a little bit higher with more safety. I am staying out for now. I wIll provide further updates later today. Stay safe and know what you are...
If you are LONG $PLTR good chance you are bag holding I see a possible Bear Flag forming here pay attention $PLTR needs to hold this key support or risk of Capitulation lots of FUD surrounding $PLTR
Based on the crypto onchain information, falling to the 42000 was the last floor in midterm, but there are lot of fuds that can do wonder. Nothing is imposible... Bitcoin is technically great, but I'm not sure about the market. Thanks for reading my idea, Wish you the bests >_-
It's getting pretty obvious to me that we topped. We have a beautiful rising wedge here. Unless an insane amount of volume come back and invalidates everything I believe we are in a Bear Market! The market tells you everything you need to know. You just have to listen. Enjoy!
#BTCDAILY - 6.DEC.21 MACRO LOOK AT BTC What a few days!!! We have been dumping now for about 24 days - so if you've made it this far without selling or DCA'ing well then keep it up! Although we will probably have a little further to go. After taking some further time to look at current movement versus previous patterns $40k-$42k is looking more and more like the...
MATIC Following a correction we have a main support resistance line that will impact the price and decision of the trend, some how it looks it can go and find a bottom around $2 this all depends on how low BTC can go on this weekend correction. Get ready to add more matic later this day.
Bitcoin falling fron Range First China Now Russia. Russia to Decide Fate of Crypto Exchangers in 2022 Discussions on the future of “virtual currency exchangers” in Russia should be completed in 2022, a high-ranking representative of the country’s financial watchdog has indicated. Following international standards, authorities in Moscow would have to either...
Bitcoin fell to lows over the weekend, cracking $54.3K. It looked like we were going to see another dump deeper into the lower $50K handle, but we found support just above our level at $52.8K. From here, we saw a big pump back up to $57.7K. We are currently holding a very narrow range between $56.8K and and $57.7K. The Kovach OBV has picked up notably, but has...
Bitcoin : The On-going Cycle of Stimulus & FUDs. Nov 26,2021 COVID-19 new Variant B.1.1.529 Market Down $200B as Wall Street Futures Tumble on Renewed COVID-19 Concerns
#Bitcoin : FUDs led to 8.5% drop within 3 Hours Wallet of 2,207 BTC active after 8 Years Evergrande default
Hello. Hope you're in a good trading progress. For short term, intraday trading - bitcoin may have weakness on coming days. Volume towards the new ATH is not supported. -Insider buying? Maybe not. They are good setting bull / bear traps. -Those high leveraged trades by retail traders gonna be wash out. Now, looking into weekly trends, Bitcoin maybe supported at...
Big falling wedge on FUTU here along with bullish hidden divergence on the RSI, still a bit wary of the broader sector with all the FUD surrounding sector regarding SEC Chair Gensler's comments, nonetheless will certainly be watching for a breakout from this wedge. Additionally has a small gap on the upside to fill from $77.61 to $81.38- just some support and...
Around 2 weeks ago China announced that they will ban the usage of cryptocurrencies, for the 10th time or so. During this period a lot of investors were calling for the end of crypto and BTC back to $20k. On that exact day, I made the analysis below. As seen in my previous China FUD analysis, China has banned or tried to regulate crypto many times, with little...
Coin is very undervalued here at these prices, and is setting up for a amazing risk to reward ratio to open a position. If i was just trading this, i would set a stop loss for somewhere below $215 and Set Profit targets at: $250/$290 & $330. I wouldnt be surpised at all if this ran similar to APPS the past month where the stock price has surged from below 450 a...