CME:BTC1! Self explanatory chart. Adam and Eve, bottoming pattern, invalidation is easy and below the eve low. Take a long set and forget final tp is 27500 at the high of the CME gap. Happy days. Cheers. #Bitcoin BITSTAMP:BTCUSD BINANCE:BTCUSDT
BINANCE:ONEUSDT Key Fib Levels & Technical Breakout Targets Self explanatory chart, you can ask about your question in the comments
BINANCE:WAVESBTC Waves is an emerging Layer 1. Easy to see monthly Break and Retest. Fib levels both from wick and monthly open close. If we switch to linear we are basically targeting 0.5 - 0.618
You can see that BTC has beautifully broke up. However if we look at the total crypto market there was no breakout. This could indicate that there is further downside or that the real test will be after BTC's breakout of the descending broadening wedge if we look at current price action of BTC If BTC breaks 39k it will go and test the highs of 43-46k....
The trendline from the wicks match exactly with 2.272, 2.414 fib extensions and the technical target from the falling wedge. I believe BTCUSD needs to spend some time between 28k - 38k, more so inside 32k - 38k levels. It might also bounce from the upper trend line which coincides with 0.5 0.618 levels, 39 40 is also psychoologically a bouncy level. ...
Bearish Butterfly formation, short opportunity.
BITTREX:BTCUSD If BTCUSD holds the 31-33K band, It could form an accumulatıon zone with bullish rsi divergence followed by a descending broadening wedge breakout. Whıch then would also mark the pivot point for the larger market trend.
BITTREX:BTCUSD There is a potential short opportunity for BTCUSD, we can see that there is a `Bearish Butterfly` forming. The first target of 35.5 K is inline with 0.618 level of the larger leg up. Breaking that will start a further downfall towards previous lows or even lower. The bearish butterfly marks the test of the upper trendline for the...
BNC:BLX BTC moves in accord with Fibonacci Levels more so than most assets. I will use 2 different Fib tools, and 4 ways of drawing, 3 of which are the classical "Fibonacci Retracement", the other one is "Trend Based Fibonacci Extension". Before beginning it is important to notice that; The dashed line Fib, is " extension " drawn from high to low, 1.272,...
COINBASE:ETHBTC There are too many scenarios at the moment I know it looks a bit messy but if any of them start to play out trendlines and fib levels should play an important role in deciphering which way we break. Which ever path ETH takes, there are interesting synergies happening in the chart, where long term trend lines are converging with short term...
FTX:BTCUSD The dashed line fib is linear The straight line fib is logarithmic BTC gave us a new year surprise It seems to have broken out of the descending broadening wedge pattern. The technical targets are 66.5k 77.5k 53k and 57k are still in play, BTC could be rejected from that area. However if we break 57k, the sky is clear all the way up to...
The yellow bars are the price action from this summer when BTC dropped to 28K. Our Price action right now looks like a mini version of it. If it were to follow exactly, BTC could drop to 40 k. which should happen between tomorrow to Monday. full disclosure However I am not selling right now, on the chance that it might not follow and also because even...
COINBASE:ETHBTC NOTICE The Flat Bottom Triangle is drawn according to 4h closes. For some reason the top chart is showing at 1D and it looks as if the white line is going through the wick however it is the 4h close. NOTICE There are 3 possible scenarios, the chances of ETHBTC retesting Support @ 0.074 is highly likely. The Daily Trend Lines (yellow)...
BINANCE:DOTUSD Polkadot Breakout DOT broke out of pattern ahead of BTC, getting support from daily trend. If breaks (daily trend) down here are the targets.. ICHIMOKU CLOUD DOT is getting supported by the cloud and if DOT stays on top of it for a bit longer, the cloud will turn green creating immense upside pressure. Also the ichimoku cloud, ...
INDEX:BTCUSD It is quite easy to see that these two moving averages are playing a new role of support for the recent price action of BTC(past 2-3 years or so). Before this there was a point where it support the dead cat bounce of 2017 and the low after the local peak of 2013. If these moving averages continue their support of the bull run, here are the...
BITTREX:BTCUSD Chart is in general good, I painted the head and shoulders on top of it hap hazardly. Basic Head And Shoullders, broke down, might trend up to test resistance before dropping to target 42 43 k my 2 sats -Kaynaki
All analysis and price reference is to weekly Open Close unless indicated otherwise. Green and White boxes specify a date range of relevance. There are 5 Down Arrows indicating specific weeks, color coded for ease of reference. (IF you are color blind; Down Arrows are Green, Yellow, Orange, Red, White chronologically respectively.) The hypothesis is...
BYBIT:BTCUSDT ORANGE LINES: WEEKLY OPEN CLOSE(OC) TREND LINE YELLOW LINE: DAILY OC TREND LINE RED LINE: BEARISH DIVERGENCE (BED) GREEN LINE: BULLISH DIVERGENCE (BUD) SQUIGLY IN THE BACK: EMA 20 50 100 200 At the top at 65k in April BTC had BED at the peaks, following that also at the September and November runs, whenever market was nearing a local top we...