CoolTrader101

CoolTrader101

In the logarithmic chart, it broke this year's upward long-term trend. Many are expecting that it's finally time to short Bitcoin, predicting it could drop back to $40,000 or even lower, with nothing to halt the fall. HOWEVER, if you look at the same period on an arithmetic chart: it has just reached a trend line, and there was a break in the H4 RSI trend a few...

CoolTrader101 Updated 

Today promises to be very intriguing. The daily RSI trend suggests that it's already a good time to buy. However, I recommend waiting: at the opening of the American market, there's still a chance that the price could be pushed down to as low as $67,000. At this level, there is very low risk involved in buying: it meets the long-term trend, there is a short-term...

CoolTrader101 Updated 

Since February, a significant flag pattern has developed in Bitcoin's trading behavior, and we've just witnessed its confirmation. This pattern indicates strong continuation potential, suggesting that the price could surge higher. It's not too late to enter the market; there's still an opportunity to capitalize on this movement. In shorter term: as Bitcoin...

CoolTrader101 Updated 

In the long term (daily charts), BTC has started to rise from the trend line. In the shorter term, the RSI on the H4 chart already indicates that the short-term downward trend has been broken. I was expecting a correction down to $59,000-$60,000, but this now seems unlikely, which further supports a bullish scenario. STOP LOSS: If it goes below $58,000 and breaks...

CoolTrader101 Updated 

After a breakdown of the wedge pattern, consider buying between 62K and 63K. This represents the final pullback before BTC reaches 70K.