Cryptogreen

Cryptogreen

I think we are due foe at least this small 17% correction. This is insane :) Aaand we have rising wedge and a false break to the upside in my opinion. Alteason looks nice tho! :) Cheers!

Cryptogreen

I see a falling wedge formation in BTC price since the biggest volume peak, which is now descending, RSI broke out of a downtrend from january 8. We should now brake out of the formation, retest it and follow the uptrend. Good luck and cheers!

Cryptogreen

if we draw a ptitchfork on the BTC price movement, we can assume that, in case price breaks and perhaps retests 38800 level (center line), new target is ATH at approx. 47 K. Good luck!

Cryptogreen

BTC had a really nice bullrun so far, good fundamentals keep coming continuosly but i believe it is due for a correction and good old altseason to expand. Wouldnt short, but if we get a breakdown of the rising wedge, a bit of sitting on the fence wouldn't hurt. Not an advice! :) Cheers!

Cryptogreen

What if..?

Cryptogreen

Let's see if history really often rhymes. I must set a reminder on this one :)

Cryptogreen

Well we got it. First major correction in a starting Bitcoin bull run which is pointing to a more sustainable and longer lasting upcoming growth of the crypto market as a whole. I have marked some levels of how low we could go and possible re- entry levels. In previous bull runs over 30% corrections wewre normal, and i wouldn't be surprised if we would tuch 12k...

Cryptogreen Updated 

I think BTC is overdue for its "normal" correction, seen at previous bullrun(s). The price has reached a level verry close to ATH, but i think that to conqoer that ATH, BTC has to rest some time first. We are now in the area with lower range volume, so a pullback is imminent in my opinion. Also some kind of diamond has formed at the top and we could now easily see...

Cryptogreen

We haven't had a proper retest of the 16k area, so a correction to that area is imminent, i think. Even to the next lower support at 14k is possible. In previous bull runs BTC retracment of even 30% was considered "normal". RSI has stil some space to grow, but the volume is shrinking... Also rising wedge formation is forming. Let's see...

Cryptogreen

I see BTC forming an ascending triangle, which gives us the probability to move further up. If we take into consideration the hight of the triangle and the trend-based FIB levels, we can assume new target at 17.900 level. RSI also has room to grow in strenght. We may however test the breakout of the triangle first. Godspeed!

Cryptogreen

Many traders, including me are already anxious when the f*** alt season will start. Many have heavy bags to unload. but it will be a long process, i believe. It should however in my humble opininon start soon and offcourse last all the way to the point, where BTC wil find a new ATH. Many are predicting new BTC ATH in mid to end of 2021. So in order, usually...

Cryptogreen Updated 

I ussually don't do such short analysys, but today i think we will close around that number. Let's see... On the wider timeframe BTC is in a formation of "megaphone", i belive. Inside that it has broke out of the symetrical triangle and succsessfully retested a breakout. It is now in formation of a bullflag, which will take us hopefully to mentioned number. Sorry...

Cryptogreen

Bulls are again on the sunny side of the moon. Let's see if this bull flag will reach it's target. 14,4K here we come :) And soon too, monday will be awesome ;)

Cryptogreen

So.. My prevoius analysys predicted a retest of two year restistance, which happened in the real time. Now we have a formation of symetrical triangle, that broke to the upside. This is a good sign of continuation of bull trend. BUT.. We also have a resistance from August high and September lower high, which lead us to October lower high of 11.066. I think, BTC...

Cryptogreen

Well... BTC broke out of the multiyear triangle pattern, but i believe that a retest of 9k area is verry likely. It has formed a rising wedge pattern, and we can assume that a breakdown will follow with more than 50% chance. Let's see... Cheers!

Cryptogreen

As we can see, the price fell from ascending triangle. But is now forming falling wedge pattern, which could then lead us to breaking two-and a half year resistance. Unless the price would break down and form another inter triangle correction or ABCDE. Anyways i believe the price will boom, only a matter of time and pationce. Cheers!

Cryptogreen Updated 

With falling volume and RSI, with rising wedge in shorter term than the triangle i think we won't break 10K for the time beeing. My tougts only..

Cryptogreen

...and with possible breakout? Or a A B C D E inside a triangle, which would lead us to delayed parabolic swing.. Share your thoughts. Thanks and good luck!