


CivilisedWolf
Could the NASDAQ be in another tech bubble?
Radix is one of my favourite altcoins picks of this cycle. Short term looking like a breakout soon
Hey everyone, Today I present a short trade opportunity on Bitcoin. I hoping to see this descending triangle further develop. If it does it can create an interesting short trade. I can't guarantee that it will form exactly like this, but I think you will get the idea. The best position to enter (based on this chart) would be around 35.5k, you can then place...
Historically the weekly EMA 20 has proven itself to be a good place to buy bitcoin in bullruns. Will the WEEKLY EMA 20 serve us again in revealing the bottom? Find out in the next episode of Bitcoin to the moon. (Note: W EMA 20 will be around a price point of 20-25k)
By looking at previous market cycles I have tried to make a prediction on how this market cycle will further develop.
4HR chart features a descending triangle short opportunity, the Rsi on the daily has bearish divergence. Upon breakdown target of 17k can be reached. In order to invalidate this triangle bitcoin has to break above 19500.
Hello everyone, Bitcoin has seen a fantastic rally over the last months. We've managed to reach all the way to the all-time highs. There hasn't been any serious pullback yet. I've found a bearish divergence on the daily timeframe in the RSi and a rising wedge pattern. The target of the rising wedge is calculated by the height of the wedge, so around...
Bitcoin is blasting through resistance levels, but the problem is that if it goes up this fast without building any support, the price can easily fall back down. 13800 and 12500 zone are likely bottom targets as they are strong support levels. After properly backtesting support levels the ATH is ready to be taken out.
Bitcoin is likely to retrace back to 12500. The RSi prints a bearish divergence on the daily timeframe. 14k is strong resistance. The zone between 12000 and 12500 would be the best to start looking for longs again. This analysis is invalidated if we can close a full daily candle above 14k.
Vechain is back at a very strong support level. The RSI features a bullish divergence on the daily chart. Good chance for the price to rise soon.
Bitcoin is approaching the resistance of 12k. If it manages to break 12k I expect the breakout to be very aggressive, the minimum target will be 13.3k (next resistance) but can possibly extend further. Long trade opportunities can be taken above 12k upon a break.
Ethereum can move towards $480 if the resistance of $393 can be broken
The daily RSI features a bearish divergence. The old resistance cluster of 10.5k was broken and it is very likely that that point is support now.
Upon breakout target of 8k is very likely, but can extend further towards 12k.
Angle is building up over the years. Apple and many other stocks are looking very overextended. I'm not trying to predict the top here it is extremely difficult. But this won't last forever. Mania Phase will end with a very harsh correction..
Many call for new lows now, but the descending triangle target is now hit. There is also a massive bullish divergence in the daily RSI and the BitMeX funding is negative meaning that many people are convinced we go lower. Is the bear trap in?
Need to break 88xx hard in order to confirm a reversal. 61.8 fib is at 8456, I see that as major support. If it breaks though it might be bad.