Krypto
🔥ADA/BTC Pair🔥 (detailed HTF & LTF Analysis) - CryptoBROQuarterly Charts looks awesome tbh but price is still below the 2020 all time high.
i wrote the objective price targets in the chart. of course things can moons way harder than we can imagine but i like to execute in a more objective way instead of hodling.
in the following i will switch to lower timeframes to get a better understanding of the pivotal levels BELOW the 2020 Level & using some Moving Averages
Crucial decisions ahead!
Bitcoin reaches our turnaround zone, and we see the first reaction. The bears bring us down below the $11500 mark, and we are very curious about what the upcoming days will get. Primarily we expect the start of a greater decrease in price, the target of which lies in the $8000 area, as indicated on the chart. Prices above $12067 must be avoided at all costs. Otherwise, our primary expectation is no longer valid. In this case, we would see new highs above the $13000 mark. However, the bigger correction in wave 2 in blue is essential for a sustainable upwards move to regions around the all-time high.
What do you think? Happy Trading!
🐻 Have the bulls left the building?"Elvis has left the building!" The famous phrase was used by announcers to tell the audiences of the king, that there were no more encores. It has since become a well known catchphrase and punchline.
The question that we have to ask ourselves regarding Ethereum: "have the bulls left the chart?" We think that reching the $450 area could mark a superior high. This could lead to a bigger correction as indicated by the arrows. Target area of this wave 2 in turquoise lies between $270 and $230. On the way there might be waiting a long trade for us. We have marked the turnaround zone in yellow. For further confirmation of a major high, we need to break the support at $396.
Y'all act a foolI don't wanna be a dick but I told you so, BTC abides by rules even if one is dance around like a lunatic.
It's funny how everyone is stupid bullish after BTC flips support for super heavy resistant and then after multiple test, the day before it's big move in the correct direct, everyone flips and goes short...
Entry 9700
Compounded 9300
Goals
FTA 8800
Main Targets 8300-7800
If you're patient 7400
Y'all have a good day, Imma make my girl pancakes and put the syrup on her.
BTC Correction Potential Upward MoveAfter a big and healthy correction im looking forward to another try of breaking the 14k resistance. Shorters need to re-enter the market soon to catch on the upward monumentum. Volume is extremly high, public interest is growing and alot of great stuff is ahead (bakkt,halving). Hashrate is also steadily growing and there is not much fud. Im Looking for 16-20k within the next 3 weeks. cheers
Bitcoin outlook, KryptoOur BTC outlook for the next days:
- BTC dumped within an hour from 7400$-6950$
--> Now we are in the range of 6800$-7000$
- Major resistance at 7000$-7200$ / Strong support around 6800$
--> We saw pump & dumps but are always in the uptrend channel.
Analysis by @LouisInvest @el_Michalsko
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