BTC UpdateWe have two options :
1-bounce and retest the broken trend at 9800
2- death crossing between MA 20 & 50 which is clearly the sign to exit
BTCUSDC trade ideas
BTC OPEN SELL OR SHORT HERE , TARGET $7200 (Update)BTC went down along with the stock market, now it has broken down of the rising triangle pattern .
BTC sell : $9130 - $9150
BTC target 1 : $8000
BTC target 2 : $7250
BTC stop loss : $9450
Wish you good deals!
BITCOIN WAIT BUY OR LONG TARGET UP TO $12500BTC had a very good sign of forming an ascending triangle, BTC had a fake out and suddenly dropped due to the news of a covid
vaccine, but now the signs are good for the rising triangle, waiting to buy in $ 10350.
BTC waiting buy : $10350
BTC target : $12500
stop loss : $9800 after bought .
Wish you good deals!
Slowly waiting for the breakout zzZzzZzzFed is buying bonds and ETFs at 5 year maturity rate leveraged 10:1 by the treasury
Fed is taking on debts of small cities with population 500k or less
Lending out billions of dollars to EU.
Market is stimulated by ghost money, happy investors happy to spend money on many assets, creating a fomo bubble that will probably end up parabolic and explode.
Out of the ashes, bitcoin pops up, wings flappin, caw caw. Or blockchain was a testrun by the communists and it will go down and be replaced with a governmental approved blockchain coin.(gold as reserve if they are kind)
ETA 1-5 years.
Trump wins, dont want to look bad so he lets Powell print money and buy etfs(which he owns $12m of personal money in Blackrock ETF and $16m with Goldman sachs, yikes), ruin the economy down the line, devaluing dollar, shit goes boom.
OR a second corona wave comes 'online' and we truly have a recession/depression on the line. If so this rally(and SPX) was a dead cat bounce for sure.
50/50 bear/bull on crypto and regular markets atm, if we go above this little pause we are having across the board then its 90% long bias.
Testing 10k!What you think of that? This is an important moment of BTC.I don't know if I have stomach for waiting until 10k. Look at RSI, showing for us that goes down first a little beat before goes up.
BTCUSDTechnically we are in the 4th wave based on the Elliot principal. probably EMA 21 in Weekly time frame with 0.618 Fibo retracement are important resistance levels.
My thoughtsI believe we are in the last candles of a wedge. Found support on 9900 and looking to peak just above 10100-10400 before pulling back to 9700-9900 for another bull push.
Triangle pattern detected in BTCUSDC.looks like BTCUSDC will take new turn hoping a "long" on this chart...lets see until confirmation
USDC Mirror Chart! Bullish explosion coming soon!Good morning everyone,
Bullish:
- RSI over 50
- MACD rising
- Lines crossed EMA50 with a bullish first candle like before (drawn in the Chart), and stays above it .. last time it produced another bullish candle.
- We have a long time bearish trend line who broke some days ago.
Expect at least 50% within the next days.
Everything else drawn in the Chart.
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Thanks for following.
Dont forget to hit like button (doesn't cost you anyhting).
And don't forget, this is not a trading advice. Trade at your own risk and make a plan before trading.
9090/9200 to 15kwhile looking at previous pattern i stumble on this lets see where it goes 4hr chart so far it matches almost perfectly from 18 march to may 18 will this play out till mid jun?
