Bitcoin: Identifying Fractal FormationGreetings, dear friends, traders and enthusiasts!
Today, let's dive into a chart analysis that uncovers a phenomenon – the formation of a fractal pattern.
As we explore the intricacies of this market movement, we'll navigate through key trends and potential shifts that offer valuable insights for our trading journey.
On the chart, we can observe the formation of a fractal pattern.
The downtrend formation began within July, characterized by a prolonged sideways movement with periodic false upward breakouts, continuing until mid-August.
Confirmation of the continuation of the descending trend was marked by a sharp price drop from 29 to 25 thousand.
Currently, the price is following a very similar path (fractal) as before. We are now in a sideways phase, having already experienced one false breakout.
Ahead of us lies a few days of sideways movement, with price oscillating within the range of 25,900 to 26,000. By the end of August or so, another false breakout might emerge. In the final days of summer, a price decrease can be anticipated, potentially even a significant one.
I've attached my chart with a larger timeframe for a broader perspective👇
Thanks for Your attention.♥️ I hope this analysis was engaging and informative.
Yours sincerely, Kateryna 🚀
Rocketbombtrading
Bitcoin on 2h chart 17/08 by RBHello, friends! Today, I'm excited to provide an update on the 2-h chart of Bitcoin!
In my previous analysis, I predicted a potential downward movement towards the 27,400 level, and the pricing appeared quite bearish.
Subsequently, the price can experience a further decline, reaching 26,400.
The next steps in price action allowing us to gain a clearer perspective.
Recently, I stumbled upon a thought-provoking quote by a renowned individual which I believe resonates with our trading journey:
“The best way to measure your investing success is not by whether you’re beating the market but by whether you’ve put in place a financial plan and a behavioral discipline that are likely to get you where you want to go. In the end, what matters isn’t crossing the finish line before anybody else but just making sure that you do cross it.”
-Benjamin Graham
Comparing your progress with fellow traders not only yields no meaningful insight but can also hinder your growth. Focus on setting personalized trading goals and channel your energy into achieving them.
Remember, trading is a personalized journey, akin to running your unique race.
Although these concepts might not be novel, revisiting them can aid in better absorption and application.
How's everyone doing? Feel free to share your thoughts. I'm here to chat with You !
Warm regards,
Kateryna💙💛
Decoding Bitcoin Halvings by RB🚀"Decoding Bitcoin Halvings: Analyzing Price Shifts and Patterns"
Let's embark on a data-driven exploration of Bitcoin's halving phenomena, delving into the intricate interplay between scarcity, market dynamics, and price evolution. 🚀
Bitcoin's halvings, programmed to occur approximately every four years, are pivotal events designed to control its issuance rate. By halving the block rewards miners receive, Bitcoin enforces a deflationary supply model, mirroring precious metals' scarcity-driven value proposition.
Halving I (2012):
In November 2012, Bitcoin's inaugural halving took place, reducing the block reward from 50 BTC to 25 BTC. The immediate aftermath witnessed a modest price increase, revealing the early market's appreciation for reduced new supply.
Halving II (2016):
The second halving occurred in July 2016, lowering the block reward to 12.5 BTC. This time, the price response was more dramatic. A prolonged bullish trend began several months before the halving, peaking about a year after. The post-halving correction was followed by an extended bullish phase, underlining the cyclical nature of market sentiment.
Halving III (2020):
The most recent halving took place in May 2020, reducing block rewards to 6.25 BTC. This event was particularly notable due to its alignment with growing institutional interest. Bitcoin's price exhibited a similar pattern—pre-halving speculation, post-halving correction, followed by an aggressive bull market rally.
Several intriguing patterns have emerged across halving events:
📌 The Pre-Halving Rally: Anticipation-driven rallies occur ahead of halvings, reflecting investor optimism about reduced supply and potential price appreciation.
📌 The Post-Halving Correction: Historically, a price correction follows halvings, often attributed to the "sell the news" phenomenon. This correction serves as a market reality check before the next growth phase.
📌 The Subsequent Bullish Phase: Post-correction, Bitcoin tends to enter a sustained bullish phase, as observed in the aftermath of each halving. This phase is often fueled by growing retail and institutional interest, media coverage, and macroeconomic factors.
2024 and Beyond:
With the next halving expected in 2024, speculation is rife regarding its potential impact. While historical trends offer insights, it's important to consider new variables, including regulatory developments, technological advancements, and macroeconomic shifts.
💡 The story of Bitcoin halvings unveils a captivating blend of economic theory, market psychology, and technological innovation. These events not only reinforce Bitcoin's scarcity-driven narrative but also underscore its resilience amidst evolving market conditions.
❗️Disclaimer: This analysis is for informational purposes only and should not be construed as financial advice. Cryptocurrency investments carry inherent risks.
BITCOIN out of RISING WEDGE?Hello dear friends!
An interesting picture of Bitcoin's price movement! What are your thoughts?
It certainly resembles a rising wedge, doesn't it?
But what exactly is a rising wedge? A rising wedge is a pattern that develops on chart due to a narrowing amplitude.
If you connect the highs and lows with lines, they'll form an imaginary angle that gradually narrows. Moreover, this angle needs to have a positive slope, creating an upward-pointing corner, indicative of an uptrend.
A rising wedge serves as a bearish reversal pattern. Typically, it marks a reversal of an ongoing uptrend, although exceptions exist. There are instances where the rising wedge extends the trend. If a downtrend occurred before the wedge, the price declines after the wedge, effectively continuing the trend. Nonetheless, it's crucial to remember that post-rising wedge, a price decline tends to follow.
The rising wedge is a relatively uncommon pattern and isn't easily identifiable. Despite the apparent balance between bulls and bears, the narrowing of the wedge corridor suggests that supply is prevailing. Ultimately, buyers capitulate, and sellers gain control of the market.
If we presume this to be a rising wedge, then in the medium term, a significant price drop to $20,000 could be anticipated. Prior to that, a potential price retracement to the $28,000 level might occur.
What's your take on this Bitcoin price movement? Feel free to share your insights and analysis!
Your Kateryna💙💛
ETH/USD on 3h chart by RBGreetings, friends!♥️
Welcome to a realm, where charts come alive and financial insights flourish.💥 Here, we dive deep into the world of trading, analyzing, and strategizing.🙌🏻
📈 Price Analysis and Potential Trade Opportunity
🔍 Price Movement:
On the left, we have a real-time visualization of the current price movement.
📊 Typical Price Pattern:
Displayed on the right is a chart illustrating the characteristic price movement pattern.
🔵 Potential Trade Range:
I've highlighted the potential trade range in blue.
📉 Price Projection:
It seems that the price can poised to oscillate within the range of $1858 - $1820. Subsequently, a price retracement to $1920 is plausible, followed by a potential decline to $1720.
🔍Have you observed a similar pattern in the past?
What name would you assign to this particular pattern?
Let's discuss and share your insights in the comments below! Remember, this post is not financial advice, and thorough analysis is essential before making any trading decisions.
📌This content is for educational and informational purposes only. Trading involves risks and it's important to do your own research
Feel free to adjust and customize this post as needed. 🙏
Happy trading!
Your Kateryna💙💛
Explanations for Not Following Your TPHi! Have you ever abandoned your trading plan?🧐
If not, you should still read this, because you might be deceiving yourself!😉
If you have, why do you think you've been "unfaithful" to it?
It's about you.
Do you attribute it to your personality? Temporary loss of reason? Or perhaps, you see it as an inherent part of trading?
Several factors could contribute to your lack of discipline. Depending on your personality, background, training, and experience with markets, you may struggle to control impulsive actions.
For some, impulsiveness is ingrained. They find it challenging to concentrate, easily get bored, and seek quick thrills for relief.
For others, impulsive behavior is linked to emotional vulnerability. Some individuals have difficulty managing their emotions, leading them to act impulsively out of frustration.
Temporary setbacks are inevitable in trading.
When highly emotional traders face these setbacks, they become overly distressed, leading them to close positions prematurely or make major trading errors in a frantic state, which can only be rectified by closing the position.
No trader is perfect; any trader can be impulsive at times. Research has indicated that tiredness can impair concentration.
As much as your conscious mind cares about adhering to your trading plan, your unconscious mind might think, "Who cares? I just want to get this over with and relax."
Your psychological resources get depleted. Pushing yourself to the limit makes it difficult to concentrate on and adhere to your trading plan.
Other traders may be impulsive due to lack of experience. It's unrealistic to expect adherence to a trading plan when you're uncertain about what you're doing.
If you're new to trading, you may lack confidence and feel uneasy. You might hesitate to act, unwilling to risk your money because you don't have the strong belief in your plan's profitability that seasoned traders exhibit and it’s ok. "Who does nothing makes no mistakes."
It's not you, it's your trading plan.
You can't stick to a trading plan that you can't follow.
If your trading plan is incomplete and crucial aspects remain unclear, you'll have difficulty following it.
A trading plan should have well-defined entry and exit strategies. Monitoring signals that indicate trade progress are also crucial. Underestimating the importance of a clearly mapped-out trading plan is a mistake.
The successful trader is a disciplined trader. Disciplined traders adhere to their trading plans and don't act impulsively.
It's crucial to identify the reasons behind impulsive trading. It might be related to your personality or your trading plan, but whatever it is, gaining awareness of these factors and resolving them is essential.
Once you control the impulse to act, you'll trade more profitably and consistently.
In conclusion, a successful trader is not only someone who achieves consistent profitability but also someone who continuously learns and grows in this dynamic market. Remember to stay disciplined, manage risks effectively, and embrace both wins and losses as opportunities for improvement.
As you continue your trading journey, may the charts align in your favor, and may your strategies be filled with wisdom and insight. Wishing you the best of luck and success in all your trading endeavors!
Feel free to share your thoughts and experiences in the comments below. Let's support and inspire each other on this exciting trading path.
Best regards and happy trading!
Your Kateryna💙💛
Bitcoin by Rocket Bomb🚀💣Hello there, my beloved friends! ♥️I'm delighted to have You on my page!🤗
I recommend You evaluate my price movement scenario! I'd love to talk about it with You in the comments!
On my chart, you can see the dynamic levels of support and resistance, which gradually narrowed by forming a triangle, from which we'll soon be able to see a way out!
I still believe the exit will be in the 24-26 thousand range!
However, if we break past the level 28-29k, the price may rise and begin a rising trend after leaving the triangle!
If the price falls below $24,000, the declining trend will almost certainly continue!
That, in my opinion, is what we can expect in the near future!
What are your thoughts?
Thank you for taking the time to read this.
Sincerely, Kateryna💙💛
Bitcoin by Rocket Bomb🚀💣Hello, dear friends! I'm glad to welcome you on my page!🤗
Since the beginning of this month, russia has shelled Kyiv five times in various ways: these are super-heavy bombs and drones! The whole huge multi-million city trembled from the loud sounds of shots - our defense forces worked perfectly!💪
Just today I slept for the first time in two weeks! And immediately here to YOU!😊
Let's see what happened during this time and what we can expect in the near future :)
You can pay attention how price of Bitcoin is formed! It's reminiscent of the previous design! Someone might say that it looks like accumulation and distribution, someone sees triangles, someone sees Bart's heads, etc.
I think, that in coming days we can expect the price to drop to levels of 24k (lower - unlikely), then again we can expect a sharp rise in prices right up to levels of 31 and a little higher! Then the price can get a little stuck!
Tell me how are you? How are you doing? Anything new ?
The last two weeks have been the most stressful for me and it seemed more than a month had passed!🤪
Thank You for attention
I'm waiting for Your feedback
Sincerely Your Kateryna
Bitcoin's Price Adventure💥Bitcoin's Price Adventure: Unveiling Patterns and Trading Opportunities! 🚀🌟
Hello, my dear friends!♥️ Today, we embark on an exciting adventure through Bitcoin's price action, delving into its captivating voyage from 2021 to early 2023. Get ready for a thrilling ride full of twists and turns as we uncover a tumultuous downturn, a period of anticipation, and an exhilarating surge that unveils new opportunities. We'll explore the formation of an ascending channel and the emergence of two intriguing triangle patterns. Brace yourselves for an engaging exploration! 🙌😄
The Turmoil and Stagnation:
Oh, what a wild ride it has been! In 2021, Bitcoin faced its fair share of challenges. The cryptocurrency took a dip that left market sentiment bearish and caused losses for many. But fear not, for even amidst the chaos, Bitcoin remained resilient. Throughout 2021 and into 2022, it navigated rough waters, testing the patience of traders and investors alike.
After the storm, however, came a period of calm. The market entered a phase of stagnation, like a tranquil oasis amidst uncertainty. Bitcoin's price found stability, longing for a catalyst to reignite the flame of hope. From late 2022 to early January 2023, we witnessed a period of consolidation, where the cryptocurrency yearned for a new direction. 🌊⚓️
The Ascension and the Ascending Channel:
But behold! A sudden surge emerged, defying all expectations and breathing life back into the market. From the depths of the 16000 zone, Bitcoin soared to new heights, forging an ascending channel that paints a mesmerizing picture of progress. Picture it like a thrilling dance, with higher highs and rising troughs guiding us towards an exciting future. 📈💃
The Enchanting Triangle Patterns:
Within this ascending channel, two captivating triangle patterns emerged, capturing our attention like hidden treasures. Like brushstrokes on a vibrant canvas, these triangles revealed themselves as consolidation phases within the greater upward trend. As Bitcoin approached the upper boundary of the channel, it encountered resistance, creating moments of suspense and anticipation. 🎨🔍
The first triangle pattern, an early protagonist, signaled a continuation of the prevailing trend. It represented a pause, a chance to catch our breath before the upward momentum regained its strength. Watch closely for the breakout from this pattern, my most attentive readers and watchers, as it may offer insight into the future direction.
The second triangle pattern, took on the role of a reversal pattern. It introduced uncertainty, casting a spell of mystery over the market. Keep your eyes peeled for a breakout from this pattern, for it holds the key to the next significant price movement. 🎭🔮
Conclusion:
In this thrilling Bitcoin price adventure from 2021 to early 2023, we've witnessed a breathtaking spectacle of events. A dramatic downturn, a period of anticipation, and an electrifying surge set the stage for an ascending channel adorned with enchanting triangle patterns. The savvy among you, my dear friends, can seize trading opportunities hidden within these patterns, like precious gems awaiting discovery. Follow the breakout points, trust your instincts, and nurture anticipation for the exciting future of Bitcoin.
Hang on tight, my friends, as we unravel the mysteries of Bitcoin's price adventure. Your insights, discussions, and feedback are invaluable on this journey. So, tell me, what awaits us next? What are Your plans for the medium term? Let's dive into the conversation and navigate the exciting realm of cryptocurrencies together. Stay optimistic, stay encouraged, and let's make the most of this!
Sincerely Your Kateryna💙💛
From Halving to Halving
Hello, my dear friends!♥️ I'm glad to welcome You on my page! Thank you very much for your activity, I really appreciate it!🙏
Today I decided to make a chart comparing the behavior of the price movement of Bitcoin on a weekly chart to predict the price before the next bull run! Weekly chart - the most convenient to look at a long period of price movement!
That's very important, because right now many traders are confused <>
What can we see on the chart?👀
First of all, it's worth noting the beginnings of halvings 2, 3 and 4 - they are marked with vertical lines on the chart - the light green zone - indicates the phase of active growth immediately after the halving!
Immediately after the end of the growth, the price begins to form a triangle, which stretches until the beginning of the next halving - you can see the triangles in yellow!
Of course, triangles are conditional figures - perhaps other traders see something different for themselves!
But, my most attentive readers and watchers 😉 could notice a departure from the so-called big triangle - I have a suggestion - let's ignore it, because it is necessary to connect the price movement precisely by more lines touching, and this zone trying to confuse us!
Let's see some details on the chart! It's important to note that in both triangles you can see similar price behavior - there are clear boundaries - the tops of the triangles - blue circles - the lower part of the large triangle touches the top of the previous - smaller one several times, which proves that before the next halving - re-test 16-15k levels again is more likely! And that's area will be optimal for buying next year!✊
As for the medium term - looking at the chart, we can assume that we have high probability of seeing 35 k!
What conclusion can we draw from what we have seen and read?
Medium-term perspective - 35+_k - fix profit!
Next, we are waiting for the fall to levels 15-16 k and waiting for the halving!
Everything, that you have seen and read is only my judgmental vision of the market situation and Bitcoin price movement!
Waiting for You in the comments for discussion! What are Your plans for the medium term?
Sincerely Yours Kateryna♥️
Take a look at some EDU!
Bitcoin by Rocket Bomb🚀💣Hello dear friends!
Here I am again! 😊Now the activity on the platform leaves much to be desired, so I'll immediately ask you to click <> to my enthusiasm👍, it will be more pleasant for me to create new content for You!
What do we see on the chart?👀
Today I would like to demonstrate, that Bitcoin's rollback from its bottom (16k) has already taken place - and very profitable - by almost 100% from the bottom to 30k!✔️
Now we are seeing a price rollback to 27,000$. I expect the price can go down to 26k maybe even 25k and go up to 37k POSSIBLE - that's the medium term perspective! And if it will happen, then the growth from the bottom to 37 thousand - will be an increase - 135%!
I think everyone understands, that it's not time for a new bullish cycle, that's just a protracted price rollback after the last bull run! Therefore, my post is for those - who wrote me, that he/she has a super-mega - bullish mood!
Just be careful! Now it is important to monitor the market at shorter time frames! But don't forget about the daytime picture!😊
I really hope it was helpful to You! Don't get too bullish - it can be deceiving!
Stay safe
Sincerely Yours Kateryna💙💛
“Sell in May and Go Away”Hello, dear friends! I'm very glad to see you on my page!
Have you heard the expression “Sell in May and go away”?
“Sell in May and Go Away” is a popular saying in the business and finance industry that suggests a strategy for investing and can be used in the cryptocurrency market. The idea behind this strategy is that the market tends to perform poorly between May and October.
The “Sell in May and Go Away” strategy entails selling at the beginning of May or late spring and until November or late autumn when investors would reinvest in the market. The rationale behind this approach is to avoid holding during the summer months.
What Will Happen This Year?
The technical analysis from the daily time frame shows that TOTALCAP broke out from the $1.17 trillion resistance area. This is a crucial area that has been in place since June 2022. Therefore, a breakout from it could catalyze a sharp increase.
Moreover, the lack of resistance until HKEX:1 ,63 trillion will make it easier for TOTALCAP to increase if the breakout is confirmed. The area is 78% away from the current price.
Finally, the daily RSI broke out from its bearish divergence trend line and is above 50, another sign of a bullish trend.
Therefore, the most likely outlook for May – October is an increase toward the HKEX:1 ,63 trillion resistance area.
What do you think about it? Will we see 36k of Bitcoin next month?
Are you going to sell in May? Share your thoughts in the comments!
Sincerely yours Kateryna
Bitcoin by Rocket Bomb🚀💣Hello, everybody!
Glad to see You on my page! Hope everything is good to You!
The market has gone downhill! Don't you think so? What are your expectations? Share with me, please :)
And I share my thoughts with you :)
So...
On the left side You can see Bitcoin daily chart with the Global Trendline from which was made three bounces.
Also, the price stay at the resistance line now, which complicates further growth.
On the right side - an hourly chart of Bitcoin. Using Fibonacci levels, we can assume which levels the price will touch in the near future.
<>
It can be assumed, that the price of Bitcoin will fall to the levels of 26,599 and possibly 25,400. Will it be so? We'll find out soon!
🔥Also would be interesting to observe the situation around Binance!
Everyone, who works with Binance, be extremely careful! Security measures must be taken! The most unpredictable situations are possible! And it can also affect the price of Bitcoin!
Are you using Binance? What are your thoughts? Share with me in the comments :)
Thanks for Your attention
Your Kateryna💙💛
EDU posts below in related ideas👇 ! Click, enjoy and become more educated 💪
Bitcoin by Rocket Bomb🚀💣 20/03Hello friends! Again for a week I flew out of life and from our lovely community 😊
Night alarms, takeoffs of fighters along the entire border... it seems, that nothing can surprise you, but the state of inner peace is disturbed!
Let's take a look at what's going on with the price of Bitcoin right now!
Being a supporter of harmonious trading and preferring to make analysis in its classical sense, I would like to pay attention on two important aspects, that traders should not forget about using the “Head and Shoulders” technical analysis figure:
First of all, it can be decomposed into parts, each of that is an important and independent element, that allows you to identify the preferences of participants in market battles.
Secondly, using the principles of harmonious trading helps to identify important price levels, that should be paid attention to.
❗️It doesn't mean, that the price will go exactly as shown on the 1 hour chart! It can stretch over time!
But we can expect the price at the levels, that you can find on the charts! If the price will change its direction, I'll try to promptly update the chart!
Tell me how are you? How are your deals? What do you see on the chart?
Your Kateryna💙💛
BTC chart in Bart Patterns🔥Hello, my dear friends! Today is the 8th of March! For hundreds of years, women have been fighting for equality, to have the opportunity to study, work at their favorite job, etc.
At the present time, women have stood on a par with men. 💙💛 In our country, women fighting with men in the hottest spots of hostilities!
Thanks to our defenders, for the opportunity to be here and do what I love on this beautiful day!🙏
Congratulations to the sweet and strong part of humanity - women on Women's Day! ♥️Be happy, loved and never stop - develop yourself! Kiss and hug!🥰
Today I wanna prepare something special and interesting for You!
By looking on small frame Bitcoin’s chart, one can identify sudden movements or ‘bump’ in one direction, followed by consolidation and a sudden ‘bump’ to the other direction that ends close to the base price.
This phenomenon can also happen in non-crypto assets, and it has given the name “Barts” because the asset’s price pattern looks like the head’s shape of the iconic Simpsons character, Bart Simpson.
It is useful to know how to recognize this pattern, as it can significantly affect short and mid-term trading positions. It appears as a result of hundreds-of-Bitcoin orders in a matter of minutes, which can change the price of the coin. While it can happen to any cryptocurrency, it mostly revolves around Bitcoin for several reasons. One such cause is Bitcoin’s usual substantial volatility, as well as the fact that sharp changes in BTC value can affect the rest of the altcoins market as well.
The reason for these sudden pumps and dumps is likely to burn crypto margin traders, whether short or long, by manipulating the market. While some believe that this is done by the exchanges themselves — which is entirely possible due to the lack of regulations — this might be related to large crypto traders, commonly known as ‘whales.’
The pattern is also known to happen in reverse, resulting in an upside-down image of Bart’s head where the drop occurs first, and then the spike arrives. This is known as a bullish consolidation pattern.
The Bart Pattern’s Effects on the Market
Bitcoin ETF: These events, among others, likely contribute to the reasons why the SEC continually refuses to approve Bitcoin ETFs. Despite what investors and traders believe, the truth is that the crypto market is still thin, and too easily manipulated. Analysts often tend to view the crypto markets as the “whales’ playground”; they can bring forth drops and surges whenever they choose.
Miner Affection: Especially in a crypto bear market, as we have in 2018, the miners remain active. Since their goal is to profit by helping to maintain the BTC blockchain, they depend on rewards to pay their electricity costs and keep their mining rigs up to date. However, price manipulation can also affect them, as low prices of BTC tend not to be enough to cover their basic costs.
Trading Tips to Survive Barts
📍If you are aiming for the middle or long-term trading periods, the Barts will affect you less.
📍Short-term traders, who tend to open margin positions on exchanges such as Bitmex and Bitfinex, might want to have further stop loss orders or liquidation prices.
📍If you identify a sudden move followed by consolidation, bear in mind an option of a Bart that will drive the price quickly to the other direction.
You can find more my educational posts by hashtag #rocketbombeducational (You can click it under the pic of this post)
Thanks for your attention
I'll be glad to see your feedback
Sincerely yours Kateryna💙💛
Bitcoin by Rocket Bomb🚀💣Hello, dear friends!♥️ I'm glad to welcome you on my page today!
The market has been a bit stagnant in recent days, but that's happening as a breather before a bigger move!
In previous posts, I have already done an analysis of the possible next movements of Bitcoin, nothing has changed, so in this post I decided to combine the hourly chart and attach a wider picture of the daily chart.
I hope you will enjoy! Don't forget to click <> because of this 😇
Below I'll leave my previous posts, they are quite informative, it may be useful to those who haven't seen them!
✍🏽Write which coins you are interested in, I'll try to analyze each of them!
PS: I try to diversify "boring charts" with new funny memes, support my positive attitude by subscribing and "thumbs up"!👍
I'll be glad to see you in the comments😉
Sincerely your Kateryna💙💛
Bitcoin 1h chart 26/02 Hello, dear friends! You know, I began to open the blinds on my windows less often.
Although a dream of windows on the whole wall was achieved. The feeling of unsafety has not left me for the last year. But that's the basic part of the pyramid of needs! Can a person live long without these very basic needs? I don't know...
I live with the continuous siren sound in my head, this sound can drive you crazy!
Many of You may think, what does Bitcoin have to do with it? And why am I writing this F"""S""" here?
I'm try look at charts without emotions: I draw lines, I use different tools for analysis, I like to share my market vision with you and always put some special aesthetic for You.
But when it comes to description, I can’t just write a poor, soulless text and I fall into deep thoughts, it happens by itself...
I always have found a feedback here, where I combine my lovely work and leisure, where there is an opportunity to analyze and communicate and see other points of view.
I would like to plunge headlong into everything, that dragged me so hard in 2020 once again, when I plunged headlong into the world of Trading View. I spent all my free time here and it distracted me from the thoughts, that related to the Coronovirus. Then it seemed that it was the apocalypse ... oh, how wrong I was then! The real apocalypse came in Ukraine on February 24 last year.
Everything is known in comparison!
The introductory part dragged on haha, we'll still look at the chart with you and analyze what I drew for You there.
Weeeelll.....You can see an ascending channel on the chart.(also you can see the types of channels below on the right side of the chart)
The number of touches in the channel is currently two, but we can expect a third in the near future.
If you'll see a sharp decline in price to 22 600 in the short term, that will be a possible touch to the lower side of the channel!
I'll attach my previous post below so you can see another look framed a little differently with my personal trading plans for these moves.
If you still have any questions, write in the comments, I'll be glad to talk with you!
For more people can see my posts - click like and subscribe!🙏
Always yours Kateryna♥️
Bitcoin by Rocket Bomb 23/02Hello, dear community!🙌🏻
Glad to be here again!👋🏻 I disappeared for half a year from here and from my own life! That was (without jewelry) the worst year of my life!
I apologize to everyone I let you down, my subscribers and friends!🙏
Tomorrow is the anniversary of the full-scale war! The atrocities experienced by the people of Ukraine are difficult to describe in one post, but we'll carry the consequences of that with us for the rest of our lives!😪
Many thanks to everyone, who worried and supported, to everyone who cares about the tragedy, that happened to us!
As for me? I'm positive about the future (and the future of Bitcoin, of course, haha), so let's get to the chart!
What's my plan?
I have several buy orders waiting in the white zone, if it works out I can start selling from 23,800 to 25,000 and I'll wait for another correction again!
If it doesn't work out, it's okay! We'll catch the price later! There will be a new day - a new analysis!💙💛
Thanks for not forgetting me, see you in a new post - tomorrow🙌🏻!
If you liked my post - click like, if not - click anyway🤣!
Subscribe so you don't get lost!🚀
Your Kateryna🇺🇦
Bitcoin's mid term perspective 24/02Hello, dear friends!👋🏻 It's so nice to feel you haven't been forgotten me and my absence has been noticed!
🙏Thank you for the feedback!🙏
Let's talk about the medium-term perspective of bitcoin today!
By the middle of January, bitcoin had come out a period of stagnation - on the chart, I marked it as a conditional "bottom"!
The price has started to rise! Now we are on the support line: in the near future we can expect a slight decrease in the price to the support levels to 22k+, and further growth will continue! You can see the levels on the chart!👇
Today's exactly the year of a full-scale war.
The war is not over yet, but it's easier to breathe! The smell of victory hangs in the air! Thanks to our defenders for the opportunity to be here with you, for the opportunity to breathe and live in an independent country, where people have their own opinion and their own path and the future!
During this year there was a lot of grief, tears, fear and despair!
During the first months of the war, I just lay and cried. I had to leave the apartment in the capital, in which I barely had time to finish the renovation. Until February 24, I was full of faith in a bright future, in my personal growth and a happy life, the path I had been working for more than 10 years!(a young girl from a small town)
All of this was broken by the war on the night of February 24!
It's fear, it's enemy planes overhead, it's rockets that fall in front of the house, it's stress and gray hair on the head!
Our people, indeed, showed themselves to be incredibly united and strong! I'm proud to be Ukrainian!
I remember how (on February 25) I arrived in western Ukraine, to the sound of rocket explosions, I went to weave camouflage nets for soldiers. It was wildly cold, my fingers were numb, I continued knitting and cried - cried - cried. A girl came up to me and held out a glass of hot tea, smiled and said "I see, you're cold, take it and warm yourself!" - for the first time then, I understood that it was necessary to fight! That everything will be good, no matter what happens!
Stay strong no matter what! And take care of yourself!💪
Your Kateryna🇺🇦
Important trend like broken, BIG pump coming!! 4hr very crucial BTC-USDT trend line tested and flipped. Get ready for a big volatile move ! this pattern remain intact as long as TL is not broken.
Entry: $23250
Stoploss: $22200 (Tight SL)
TP: $28500
FOMO will keep us pumping here foe sometime
imo BTC will test back the TL
Next resistance is 24800$ successfully breakout and flip of this level will take us to the promised land (28K)
An amazing pattern🧐Hello, dear friends! Today I want to discuss with You a 3-hourly chart of the Bitcoin price formation.
I wanna pay your attention to the multi-colored circles, which I marked the pricing phases for a clear visual understanding.
You may notice, that the first of circles has exactly the same formation time for each of the phases. That is, 24 days have passed from the beginning of the first correction to the beginning of the subsequent correction, and so on three times.
Then we can observe a price rollback and a subsequent fall, which also has three phases, only the time frame of each phase is longer in the interval - each of them is 37 days! An amazing pattern!ha-ha
What does it give us?
It can be assumed that until the middle of the month we expect the price in the range of 17,500 - 21,000, and then we'll follow the support and resistance lines.
I think, that we have chances, that the price could go even lower to 15k and below.
How do you see the fate of Bitcoin in the near future? What are you waiting for? Share with me in the comments :)
Thanks for staying with me
Always sincerely Yours
Rocket Bomb🚀💣
Quick BTC's Update! 5/07Hello dear friends!
I would like to share with you a quick overview of Bitcoin price formation.
What can we observe in the near future?
💙 → If the price manages to break down 18,500, the price will probably drop below 18,000 and 17,500!
💛 → If the price manages to hold above 19,000, we will continue to form this blue triangle!
Guys, which option is more likely in your opinion? Share Your view in the comments)
Stay with me, subscribe, for not get lost. Share this chart with Your friends! I will be glad to see your activity by clicking 👍 like button and writing comments!♥️
Always Sincerely Yours Rocket Bomb 🚀💣