Will
Bitcoin UPDATE Hello guys.
How are you doing?
I hope you feel great and always be happy and successful.
today, I want to talk about Bitcoin. It's an update and the expectation about the movement in Bitcoin.
So, as I always said it's not financial advice. please just read and do based on your strategy.
So, Let's go into details.
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I drew this Fibonacci channel a few months ago.do you remember that?
what a fabulous reactions.
You can find the bottom of Bitcoin easily.
please draw it on BTCUSD. and the price must be on the line chart.
after breaking line 1 (at the top of the first channel) the price changed the trend to complete the pull-bach to the top of the channel.
I expect that the maximum of this movement will be 38300 and then reverse the trend again.
But, if the price succeeds in closing above 38300 by a God Candle (a full candle without shadow at the top and the bottom) and the volume confirms this breakout, I believe that the price can go higher and the first target will be around 47000 and then 58000.
but, it's just a scenario and I don't think the price succeed in closing above the 38300.
by the way, I want to tell you something special.
Every time the stochastic managed to touch the 70 level (and above) and then reverse on the monthly time frame, we had a huge drop.
Please check it out at the below link. (Minimum 84%)
And the consequence is that I expect the trend will reverse soon. That's my idea. and the market maker played this rule to import the money into this game. and burn it.
please think about that carefully. and know that Opportunities in the market flow smoothly like a river.
Please don’t forget to write your comments ✍️✍️ like 👍👍 and Share 👌👌 this vision with your friends.
And Tell me do you agree with me or Not?
Please don't hesitate to write your comments below.
❤️❤️ Wish you the best ❤️❤️
Sincerely Yours
Ho3ein.mnD
HIFI CAN CHANGE UNEXPECTLY TO $7 2023Thank you for reading our update. Please remember that this is not advice for trading.
2023 can become an interesting year for HIFI
HIFI coin reached its all-time high (ATH) 24 days ago with a recovery correction, and it has the potential to return to the new ATH in 2023. Not every coin has the capability to adapt and evolve like HIFI can. there are trend signals that show that this coin is able to show an increase and return soon.
There is good space for increasing holders since the coin has only 34K transactions.
Blockware Intelligence NewsletterBlockware Intelligence Newsletter Summary (for week 7/4 - 7/8):
The equity indexes have seen a strong bounce this week, much of which has stemmed from short-covering as we can see with QQQ’s Aggregate Short-Interest.
While it’s certainly possible that this is the market’s bottom, there are a few areas close overhead that could turn into resistance in the coming sessions.
Fixed-income securities began to sell off again this week and the 2/10Y yield spread flipped negative for the second time in 2022.
The Atlanta Fed has continued to lower their Q2 GDP estimate and it now sits at -1.9%. As discussed last week, unemployment data does not back the thesis that the US is currently in a recession.
Bitcoin is 31 days into a miner capitulation according to the hash ribbon metric. The end of a miner capitulation historically marks a bear market bottom.
Updated: Miner Network Breakeven Distribution Table and Chart
Mining difficulty is trending down, but not at the same pace as the China mining ban which was unprecedented.
#1 BTC/USD First time we see bitcoin price broke the resistance line its was in 01/012021 and the price for 1 Bitcoin was 28000/29000 Dollar.
after that we can see bitcoin price fly to 40k and fell down again to 28000/29000 we can understand we have good support line at this price because the price go up and fell again to the support line go up and fell again and again
Date 21 Jul. 2021 bitcoin price for the last time tach the price 28000/29000 and the bitcoin rice fly again to 60000/62000 Dollar
for a reason now after the big new come to us from 2020 we know what happened so
Chine close
War Russia + Ukraine
The bank raised interest rates
inflations
that enough for now!
for a big reason I have not buy at any opportunity you guys think that we need to buy a lot now because its the time
the train want to fly up so we are in or again should we gust look and don't do anything
and in the future look back and see we are stupid again ?
i need answersssss!!!
GBPUSD BUY :)My fourth idea here, for now 3 profitable positions in a row. I think GBPUSD is cheap and my reasons are RSI divergences on different timeframes and stochastic oversold and stochastic divergences so many signs to go buy. Tomorrow CPI data report from UK and I play for this scenario, good data and fast reverse to bullish trend. Even if data will be bad and price won't drop much below 1.30000 it will still be bullish sign for ME. Good luck everyone and be smart! :)
US30 SHORT IDEAHello it's my third idea which I am posting here, last 2 ideas were good bet so maybe I am not that bad. :D
Entry: now (34700) or wait till 35000 price level
Take Profit:
#1 34000
#2 33500
#3 32750
Reasons:
- overbought at H1, H4, W1 timeframes
- RSI bearish divergences at M15, H4, D1, W1 timeframes
- near supply level
- possible retest 200SMA at D1 chart
Yeah price can go up a little bit before this bearish move but it shouldnt go above 35500-35870 so maybe set your stop loss somewhere between.
Good luck :)