BTCWF ideaThis is my analysis for Blue Sky. I am bullish long-term as Donald Trump the next US President supports and endorses Crypto.
BTCWF trade ideas
Bullish on $CSE:BTC Blue Sky Digital Symbol: CSE:BTC
Blue sky is a prime example of a dormant stock about to bounce!
Note the illustrated section where it notes crossing the MACD and I believe an upward trend to 0.06+ in near future, possibly the next two weeks!
BTC = Buy in my opinion
Note: This is not financial advice and I am not a financial advisor! Do your own research!
Bluesky Digital Assets Mega Return PotentialHello friends,
I don't use this platform anymore, but I figured for those still following me, I'd throw this out there as a friendly and helpful tidbit.
Bluesky Digital Assets focuses on the hot AI sector, and could touch 2.9 CAD as Bitcoin goes to 110-112K+ this year.
Enjoy!
BTC CHARTSHello,
Welcome to this analysis about Bitcoin , we are looking at the 4-hour timeframe perspectives, the recent events, the established formational structure and what we should consider in the upcoming times. As already mentioned in previous analysis Bitcoin has developed a structure where it is forming a decision-phase between the 46000 to 50000 Usd area, that being said that Bitcoin after completing the pattern here is likely to increase volatility and as the indications show up at the moment the initial bearish breakout to the downside has a higher possibility, this does not mean Bitcoin is completely bearish however in any case the bearish perspectives should not be kept by side here, therefore I detected the underlying formation and upcoming determinations we should consider with Bitcoins established structure and the price-actions to expect in the incoming terms.
Bitcoin/Gold MACDI had an idea of looking at the relative performance of Bitcoin/Gold to see if there would be any usable timing indicators for a bull market. Pretty interesting stuff. The MACD is bitcoin/gold. The chart in red is bitcoin, obvs.
BTC Bluesky Digital building a stairway to all time highAlso as a result of some overall red days on the tech markets, BTC is massively oversold at the moment.
BTC was able to steadily build one stair to the other in the current upward trend, jumping over resistance lines and generating higher support levels.
I expect that BTC will be able to reach its all time high within the next 4-5 trading weeks and should be able hit 2.25-2.50 CAD within the mentioned period.
My prognosis is based, among other things, on the following hypotheses:
BTC is oversold based on Stoch RSI indicator
tech market will recovery and BTC will compensate its losses with massive gains
MACD shows the potential that a bullish pattern is approaching
BTC will benefit from a rising Bitcoin price
BTC moving high after Bitcoin reversalBased on my theory I expect that Bitcoin is ramping-up and getting ready for a rebound.
As there was a strong correlation between Bitcoin and BTC share price in the last weeks, BTC should move higher from the current point.
From a short term perspective prices between 1.20 and 1.50 CAD $ look realistic to me.
Indicators MACD and StochRSI are also well-prepared for a reversal and would support the creation of a new upward channel, based on the current price level.
Wheat, Bitcoin or Ethereum?Hello!
I wanted to see if we could gleam insight as to the ages old question of is it better to buy gold or silver with your wheat right now? .. but for bitcoin and ethereum of course.
So i found the planes of the early low resolution data to align with the pattern of more recent planes... this gave rise to insight into some longer range patterns and projections. Here are a couple prominent ones that I see as fitting the current situation.
In this chart, I believe you want to buy bitcoin at the tops, and buy ethereum at the bottoms.
Good Luck!
Bull FlagBull Flag formed on Bluesky Digital. At a breakout point now, with this week's Crypto rally as a catalyst this is poised for a leg up. Thanks!
BTC Price is Inflating!BTC price is not inflating, however will be ups and and downs. Remember to stock up on BTC!
BULLIIISHHH BTC/USD 3 min markup Daily ChartDaily showing higher highs lower lows going into consolidation at the moment bouncing off 20EMA. Low RSI per btc; Look for a breakout here
SHORT POSITIONHello every one
1. short position to 8000$
2. and long position to 1000(tp1) and 12000(tp2)
All my ideas are for education purposes. There is a high-degree of risks involving leverage trading. Trade at your own risk. This is not financial advice
BTC long push i believe testing since 2016 and only movement this year past it testing low
all i can say is great upwards movement this year and onward
the move bitcoin continues to go up the more we see this movement this side
good luck traders
Long-term Short Position on Bitcoin/EthereumVolume sell spike, Bitcoin is dumping as people realize it is less useful for real world transactions than Ethereum
Ethereum is created by Microsoft, is open-source and worked on by PhDs
Bitcoin’s dev team can’t even decide when to fork their code
Satoshi’s vision could not have been to create a dominant cryptocurrency - it was to share the idea of crypto itself
Read up on the power of Ethereum smart-contracts
Ethereum transfer time between two addresses is 2-8 minutes compared to 45-60 minutes of Bitcoin.
We see on the Renko chart that we are well, well below the Ichimoku Cloud.
ADX and DI suggest selling is the appropriate action.
MACD signal line well below 0, amplifying future sell signals.
Stock RSI says undervalued but pay less attention to it.
Squeeze momentum constantly in the red since August.
As you can see, Bitcoin is in a freefall state compared to Ethereum.
For those not margin or future trading, I would suggest selling Bitcoin and buying Ethereum soon.
