Tothemoon
BTC looking strong for the future...Bitcoin is seeing higher highs and higher lows indicating that we are not yet in a bear market. i also believe that bitcoin is about to break out hopefully to a new high due to the extremely low prices which many whales are buying at to hold for a long time leading to a reduced supply therefore causing a higher price.
however, bitcoin may not break out as in march / April interest rates are very likely to increase causing the stock market to fall which bitcoin and the crypto space has started closely following causing them to fall as well. this is because its more profitable and safer to have your money in the bank with no risk gaining higher interest rates than facing risk in stocks / crypto.
due to this bitcoin may not break out till April / may time when it should reach new highs and hopefully $100,000.
The ideal Bitcoin price scenarioHello, everyone!
The market is in extreme fear for a long time, even I started to feel this fear. The fear & greed index = 13. If re my previous articles, you remember that I think the bottom is next to current prices according to some indicators. Today I want to tell you how I see the ideal reverse scenario. On the 4h chart we have to see the new lower low which coincides with the true MACD bullish divergence. After that we will see the growth to $39-40k. Such move is going to lead to divergence on the daily timeframe which is much stronger trend reverse signal. But this is only assumption, we should see the confirmation of this scenario which I tell you when it will be the time.
Moreover, I conducted a survey, the most people think that the price will break down $30k first than break through the $40k.
DISCLAMER: Information is provided only for educational purposes. Do your own study before taking any actions or decisions at the real market.
$BTC daily time frame I was taught that when the price makes a false breakout from a channel, the price will retest the other side of the channel.
In this moment the price is not diverging(on this TF) and more downside looks promising.
I expect also a false breakout from the big channel/big fib level before continuing to the upside.
The green path drawn on the chart is a little exaggerated(but not impossible)
Crypto is not my happy place so don't believe what I'm saying :)
BITCOIN... WERE ARE YOU GOING ?The Market was all red this afternoon but bitcoin held up his position by staying green today - I am still believing in the head and shoulder scenario I have shown before.
Here on the chart we can see:
- a small support that keeps bitcoin up
- lower day highs for the past week.
I think that bitcoin is for now not ready to get out of this zone, but if the support stays, we will (hopefully) see bitcoin shoot up to complete his second shoulder and then undergo a huge correction.
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
If you enjoyed this post and agree with me, a like and a sub would be very nice : )
Stay updated for more content
Have a nice Day : ) Bye!
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
DOGEUSDT: WILL TESLA BRING DOGECOIN TO THE MOON?Hello Enthusiast Coin Addict! Here's short-term outlook for DOGEUSDT , Support the Channel by smashing the FOLLOW and LIKES Button, then Share your opinion on the Comment Section below :)
*DOGEUSDT is breaking out of the Falling Wedge Pattern
*Breakout of Falling Wedge Pattern could indicate a potential bullish movement in the near future
*MACD indicator already crosseed above the zero level area, that signify the potential stronger bullish momentum may remains ahead.
*Furthermore, Elon musk said,"Tesla is accepting payment for some merchandise with doge coin". The action may impact on stronger bullish bias on DOGEUSDT.
The roadmap will be invalid after exceeding the resistance/target level
*DISCLAIMER:
This isn't a recommendation to buy or sell cryptocurrency, only an Outlook from technical perspective.
The power of tension and a inversted hammer candle...As you can see on the SBEV chart, there is a build-up of tension towards the end and an inverted hammer candle. The long upper wick of the candlestick pattern indicates that the buyers drove prices up at some point during the period in which the candle was formed, but encountered selling pressure which drove prices back down to close near to where they opened. When encountering an inverted hammer, traders often check for a higher open and close on the next period to validate it as a bullish signal.
After this the price blew up from around 1.05 to 4.35 which is mor than a 4x
And now some math, if you had invested 100€ at 1.05, and cashed out at the top (4.35), you would now have 414€ which is 314€ made in only 3 days.
Here is the calculation: 100/1.05 = 95.238 95.238x 4.35 = 414,2853
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
If you enjoyed this post and agree with me, a like and a sub would be very nice : )
Stay updated for more content
Bye!
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Turkish Lira USDTRY Don't Try This At Home ⚠️⚠️⚠️⚠️⚠️⚠️⚠️⚠️⚠️Hello Traders ,
Today I propose an idea that I would like to discuss with you as an equal, it is not a trading signal or advertisement, I simply expose myself as an everyday Illyrian Trader.
Back to us and the desire to make money every day,every minute, every second ( comes to mind BINANCE:DOGEUSDT " WoW MuCh MoNeY " ) what do you think of this asset?
You seem to see the chart of BINANCE:WINUSDT , BINANCE:SANDUSDT , BINANCE:BTCUSDT , BINANCE:XRPUSDT , BINANCE:ADAUSDT not a forex asset, that people actually use. I didn't go short even though I have relatives in Turkey and actually 2 weeks ago they told me, and I quote: " If the @U*Ki#nG lira continues to fall like this, people will go to the streets and start a revolt " .
I should have expected the short, I know.
In any case, I will tell you my idea.
There are 3 possibilities and it is very difficult for me to be wrong:
1. Reaction on 0.618 fibonacci to go and attack the highs
2.Reaction at 0.786 Fibonacci which also corresponds to the 200 periods MA
3.PoC buy and hold until 0.618 Fibnacci
My advice is not to trade this asse t as long as it is so volatile but for experienced traders it is already different.What do you think? There are many great traders here from whom I want to hear an opinion without them trying to sell it or get publicity.
By the way, I really liked tradingview's post about those who make analysis only for personal return.
BITCOIN, BEFORE THE BIG ONEDoes anyone else see this playing out? This would signal a retracement down to around 52-49k, before heading up to form a higher high.
Then we head up to 91k, before a quick retracement and up to 125k, before the next big correction.
Trend has broken on this current impulse, and we're not seeing it close over 61,970.
My friend's 4 year old said this chart is going to the moon. So that's pretty bullish sign.
SHIBUSDT: BREAKOUT BULLISH FLAG, MEMECOIN SUPREMACY?Hello Enthusiast Coin Traders! Here's NEW POTENTIAL medium-term outlook for SHIBUSDT , Please give us the thumbs up and support the channel by Smashing the FOLLOW button :)
a) SHIBUSDT is moving above the exponential moving average 90
b) Breakout of bullish flag pattern could indicate a continuation of bullish trend
c) MACD indicator has crossed above the zero level area, sign of potential stronger momentum going upward
The roadmap will be invalid after exceeding the support/target level
*DISCLAIMER:
This isn't a recommendation to buy or sell cryptocurrency, only an Outlook from technical perspective.
Wish OCD planWish ocd charting, a dream come true... that's my last ch-art for 2021! Happy new year to everyone