Cryp_Trades

Cryp_Trades

We had a surprisingly positive September. Uptober? I don’t think so.

Cryp_Trades

I’ve drawn up 2 ranges that I think could act as strong support for Bitcoin. If the first green box breaks, I think we’ll see a cycle bottom at/in the second green zone in the coming months.

Cryp_Trades

Looks like BTC RSI might find a bottom soon if the macro channel provides “support” here. I expect consolidation for the next 6 months or so before going to ATH levels.

Cryp_Trades

Btc has formed a bullish div. on the 4H timeframe. Wait for confirmation though

Cryp_Trades

It’s too early to tell but we might face a bearish divergence on the daily timeframe for Bitcoin soon. Once RSI breaks the trend line, one could potentially go short to the bottom of our macro channel. If that channel breaks, 22k (200 MA) is likely. If the divergence does not occur, prices could easily test the 34-35k levels.

Cryp_Trades

After breaking down from the rising wedge a couple weeks ago, btc started forming a new rising wedge at the +-30k levels. If you take a measured move from the first breakdown and place it to the second rising wedge, you’ll get a target of approximately 22k which coincides with the 200 MA. Final Breakdown soon?

Cryp_Trades

Once divergence occurs, open position after trend is broken

Cryp_Trades

I think we will see a short-term pump, followed by a break to the downside, which will likely result in BTC going down to the 200 MA at around 22k

Cryp_Trades

Even though this is a bearish continuation pattern, I believe we will see a break to the upside, accompanied by a small pump to the low 30s, followed by a break below our monthly channel which will result in at least 22k.

Cryp_Trades

I personally think that we will still go lower in the next weeks/months but Bitcoin could be forming a inverse head and shoulders pattern right now, which is of course a bullish pattern. The low of the head might not be in yet.

Cryp_Trades

I have calculated different time averages between certain Bitcoin Events, such as cycle top to bottom, bottom to halving, and top to top, to give an estimate to when Bitcoin could potentially find a bottom. One can either measure from the 2021 high which suggests that BTC will bottom later this year (November), or one can use the RSI top which would give us a...

Cryp_Trades

I believe that VRA can easily reach price targets of 0.2+ in the next bull run. This would put the market cap of VRA at around 1bn.

Cryp_Trades

I believe that THETA can reach the $25 price point in the coming year. This would put the token at a 25Bn market cap.

Cryp_Trades

DXY Continuation Pattern. Will the rally continue?

Cryp_Trades

I expect a bullish reversal for BTC after hitting my target of around 29k. It corresponds with Bitcoins falling wedge support line and the 2021 lows.

Cryp_Trades

One can draw a variety of chart patterns for BTC at this point and I believe there is at least some truth to most of them but today I wanted to share a falling wedge that has been forming over the past months. We have recently failed to break out of this pattern and see now heading towards the support at around 30k after a potential breakdown of the bear flag...

Cryp_Trades

How I think the RSI will bottom based on past moves and current pattern.

Cryp_Trades

Rising wedge could cause Bitcoin to break the bear flag support line on the daily/weekly which would cause more downside possibly 29k.