BTCUSDC trade ideas
28-29k BTCLate Sunday night early Monday morning look for BTC to break the falling wedge for some small gains. Break out around 29k-28.5k.
Potential early breakout around 30.5k.
BTC and Market RSIIf we break the following resistance line on the RSI, then we can start thinking about a change in trend. If there are a lot of leveraged shorts currently, then the RSI will show the accumulation is picking up steam before the market starts to move in a bullish momentum again.
M pattern and ichimoku BTC Short to 25300 usdc M Pattern with validation on daily time frame,
Target 25300$ for tomorrow or two days later.
25300$ is a support ichimoku
BTC Short to 25300 usdcM Pattern with validation on daily time frame,
Target 25300$ for tomorrow or two days later.
Bitcoin 2021 bullrun using Beam Bands and Gann FanI decided to use the Gann Fan fib along with the Beam bands to illustrate the possible trend we are seeing with Bitcoin currently. We may have seen the bottom with Bitcoin at the low of $29k level. There has been much fud and talk of the bull run has come to an end but I am of the opposite thinking and believe we are in the middle of this bull trend. I am still, like many in the Bitcoin community, seeing a possible $300k plus target for Bitcoin but years end. We will see.
NEWBIE Q on Wyckoff Are we still at Phase C or Entering Phase D?I'll start by saying, I'm a newbie. Couldn't find any ideas to this question so draw up my own for your comments please.
$btc final pull back before the big bang!on watch for the biggest accumulation as btc consolidates and company adopt bitcoin as well as country for legal tender target new highs
Bitcoin breakout? (16.06)This was my first time analysing a BTC Chart, nonetheless here is a potential "predicition", please dont rely yourself on this prediction its only for educational purposes!
Thanks and much luck
sincerely
Eldo
BTC Head and Shoulder"But this crash give me March, 2020 vibes".
Be objective. Use what information the charts give you to make sound judgement calls. This looks to me like a H&S pattern and we know the outcome of those. We failed to reach $42,000 level and the mood in the market is one where retail buyers are exhausted, billionaire accounts are grinning with their mouths wide open and Elon Musk is promoting c*mrocket.
The objective? Bright as day. HODL and firm the harsh weathers to come. Or, protect capital to fight another day.
BTC and Crypto is still the 'great transfer of wealth' we hoped it would be. Patience is just needed for the time being.
RN
This chart is in no way meant to be used as financial advice.
BTC LONG (SHOLI ALGO)Expected growth in BTC in the coming week.
I expect a breakout of the upper level.
You can also use the Sholi indicator for scalping trading: PSAR + RMR Channel + Fibonacci levels.
Short: enter at the upper border of the channel when a bearish trend appears
Long: enter at the lower border of the channel when a bullish trend appears.
Best work on 1H time frame.
My long term strategy.Target 1.
Short down to 0.618 from ATH to about 27200.
Target 2.
Long the retracement to the 0.50 Fib level. 34000.
Target 3.
Short the trend based Fib level to 0.618. 12500
