Looking at this chart, I see strong bullish momentum indicated by both the price action and the RSI. The recent price surge shows a breakout above previous resistance levels, supported by the green moving average 50 EMA, which has crossed above the red moving average 200 EMA —a classic signal of bullish strength . The RSI has also broken out of its recent lows,...
Here’s how I see the potential move to $125K for Bitcoin: Looking at the chart, I can clearly identify a Cup and Handle formation. The cup has formed over a long period, starting from the peak around $69K in 2021, through the decline in 2022, and now with the recovery bringing us back to the current levels around $70K. The rounded bottom of the cup is a...
Here’s my analysis and prediction based on the chart. I see that the green line (50MA), which represents the shorter moving average, is above the red line (200MA), the longer moving average, suggesting an overall bullish trend. The price is currently trading above both of these moving averages , typically indicating continued bullish momentum . When I look at...
I see that Bitcoin has been in a downtrend, marked by a descending channel. However, it’s clear that the price has broken out of this channel, suggesting a potential trend reversal or a bullish breakout. When I look at the Fibonacci retracement levels, I notice that the price is currently around the 0.5 level, approximately $70,209.94. This is an important area,...
Happy Saturday Afternoon Traders! What's goin' on? Hope you're doing well. Hope you find value from this post. If you did, please give it a like and consider following. Here's a trading idea. But firstly... ============================== Quick Disclaimer: Trade at your own risk. This post/chart is for your reference only, it is not intended as a...
Happy Tuesday Evening Traders! Hope the week started well for y'all. And I Hope you find value from this post. If you did, please give it a like and consider following. Here's a trading idea. But firstly... ============================== Quick Disclaimer: Trade at your own risk. This post/chart is for your reference only, it is not intended as a...
Bitcoin Elliott Impulse And Correction Waves Complete - Zoomed In Chart Here's the Bitcoin Elliott Impulse And Correction Waves Complete - Zoomed In Chart If we have completed the present Elliott Correction Wave, then we're off to our next wave, the Elliott Impulse Wave. Target: $20,500 Bitcoin Elliott Impulse And Correction Waves Complete - Zoomed out...
Happy Wednesday Evening Traders! Hope you find value from this post. If you did, please give it a like and consider following. Here's a trading idea. But firstly... ============================== Quick Disclaimer: Trade at your own risk. This post/chart is for your reference only, it is not intended as a recommendation, nor is it an advice to sell nor buy...
Greeting from Deep South Texas! Happy Bright Sunny Sunday Morning, Traders! Hope you find value from this post. If you did, please give it a like and consider following. Here's a trading idea. But firstly... ============================== Quick Disclaimer: Trade at your own risk. This post/chart is for your reference only, it is not intended as a...
Happy Monday Evening, Traders! Hope you find value from this post. If you did, please give it a like and consider following. Here's a trading idea. But firstly... ============================== Quick Disclaimer: Trade at your own risk. This post/chart is for your reference only, it is not intended as a recommendation, nor is it an advice to sell nor buy this...
Greeting from Southmost Texas! Happy Lazy Sunny Saturday Afternoon, Traders! Hope you find value from this post. If you did, please give it a like and consider following. Here's a trading idea. But firstly... ============================== Quick Disclaimer: Trade at your own risk. This post/chart is for your reference only, it is not intended as a...
Happy Hump Day Wednesday, Traders! Hope you find value from this post. If you did, please give it a like and consider following. Here's a trading idea. But firstly... ============================== Quick Disclaimer: Trade at your own risk. This post/chart is for your reference only, it is not intended as a recommendation, nor is it an advice to sell nor buy...
Greeting from Southmost Texas! Happy Lazy Sunny Saturday Afternoon, Traders! Hope you find value from this post. If you did, please give it a like and consider following. Here's a trading idea. But firstly... ============================== Quick Disclaimer: Trade at your own risk. This post/chart is for your reference only, it is not intended as a...
Happy Sweet Saturday, Traders! Hope you find value from this post. If you did, please give it a like and consider following. Here's a trading idea. But firstly... ============================== Quick Disclaimer: Trade at your own risk. This post/chart is for your reference only, it is not intended as a recommendation, nor is it an advice to sell nor buy this...
Happy Hump Day Wednesday, Traders! Hope you find value from this post. If you did, please give it a like and consider following. Here's a trading idea. But firstly... ============================== Quick Disclaimer: Trade at your own risk. This post/chart is for your reference only, it is not intended as a recommendation, nor is it an advice to sell nor buy...
Happy Sassy Saturday, Traders! Hope you find value from this post. If you did, please give it a like and consider following. Here's a trading idea. But firstly... ============================== Quick Disclaimer: Trade at your own risk. This post/chart is for your reference only, it is not intended as a recommendation, nor is it an advice to sell nor buy this...
Happy Sassy Saturday, Traders! Hope you find value from this post. If you did, please give it a like and consider following. Here's a trading idea. But firstly... ============================== Quick Disclaimer: Trade at your own risk. This post/chart is for your reference only, it is not intended as a recommendation, nor is it an advice to sell nor buy this...
Happy Serene Saturday, Traders! Hope you find value from this post. If you did, please give it a like and consider following. Here's a trading idea. But firstly... ============================== Quick Disclaimer: Trade at your own risk. This post/chart is for your reference only, it is not intended as a recommendation, nor is it an advice to sell nor buy this...