TP1 from our last idea reached, TP2 soon ? Higher high etc etc we want to be sure that that grey rectangle is now a strong support I updated my fibonacci but im not totally sure the wave is totally finished
TP1: 35K TP2: 40K I'll just follow the arrows and fibs Arrows are not related with time We want to avoid H&S formation
3 lil shorts opened - TP at 0.786 fib - TP at 200 daily MA - TP at 0.618 fib I'm still bullish for Long term, but we need some weeks/months of rest Check July/august 2015 and 2019 for an idea on what can happen Check the first part of this analysis I posted 1 month ago
BTC did a very nice rebound from this 0.618 fib - breaking 200MA 4H - making a higher high those 25K constitues a great support also because of the double top that happened before at this level. Whats next ? - I don't expect BTC to go under this fib for the next weeks, maybe a retest of 200MA 1D tho - My theory since several posts is that we pass this blue...
3 days ago BTC hit 200 weekly MA @ 25k I'm concentrating now my view on the 31k mark, which represents the 1.618 fib of this precedent move AND a big support zone from the retracement from May-July 2021 From here we can see 2 possible ways : - A breakout of the weekly 200 MA (25K) and a move up as fast as the precedent one to 31k, to maybe meets the line of the...
Exactly as the last time, im going to refill at the fibo retracement lines (already did for the 0.786) - watch out for the weekly 200MA at ~25800 - watch out for the daily 200MA at 0.382 fibo ~21400, note that the last time, BTC went up from those numbers (10th March) - IMO we're not gonna see 31K again before crossing this upper channel line, the purple area Cheers
Very nice bounce from daily 200 MA What I expect : - A test of the 31k EOY/early 2024 (but things are getting pretty fast to be honest) - at some point, the upper line of the channel we are in will be tested, probably at the 25k, where the circle is, I expect a break out of this line - I expect BTC to stay between 19k (I would like 18 for a good refill) and 25k...
Channel broken, I'm not shorting anymore cryptos but I'll refill for each fib, at the circles My view is still 31K for summer, EOY
Hi, a year since no posting, I was just waiting for those 16k from my last idea We may have now reached the lows (?) I think its the first time I see 200 weekly MA broke (June), so there will be maybe several retests around 24k before being able to break it again in the other side. And maybe this is the sign we will see further lows 16k must hold
So far, BTC moved (almost) where we expected First target was 19k5 (200 daily MA) so maybe we will be able to see another leg up before some kind of retracement. Moving out the channel we are would be a good signal (upper black line) Our target is still 24k from my last post 16k must hold
Short term Short o-range lines are possible target to re entry for longs 24K is still the next target for mid term 16K must hold
Lil Update from my precedent idea. I updated the path, targets we're not really correct + timeframe adjusted, we are now at the A point. From here 2 possibilities, - slightly bullish for a retest at 50k+, B point, then C - bearish for a retest of 30k, directly to C point Cheers
Still following the crash pattern of 2018 and its working VERY WELL. It's a resume of my previous posts with XRP but I'm switching to BTC because it's more predictable. Seems that there is a rejection of the daily 200 MA, + bearish daily divergence. 1. So, we might get back to daily 50MA around 36K OR the previous low around 38888.8888888, this low will be called...
The red dot lines is the path I follow since early July, and the same pattern of what happened just before, between end may and end June 2021 (and 2018 crash). blue lines The support is now resistance, everything below the orange line at .58X is bearish AF green and red arrows are what came last 2018 crash, time is not at the right scale for now. Same for every...
Hope this is clear enough. Retest of the lows again, and if people fear a lot, a lil 50% crash by the next week ? I'm trying the short with not a lot of conviction and will buy at 0.75 and 0.50 as described on the chart, still got my trades active from the 0.65. Not a recommendation tho. Be careful. Good luck.
- need to close above 0.59 on the daily - bullish rsi divergences on the 1H and 4H chart Im still bullish, but wow this dump. If we're still going down, 0.5 is the next stop ?
... or not - This strange black trendline - backtest of the 200MA on the 4H - Bullish cross forming on the 4H - the 2 orange ellipses are exactly the same pattern => Blue trendline broke, we go down, if not, we go up ? Good luck