Robertus

Robertus

BTC short-term target: February is expected to be a good month. I estimate the price will reach somewhere between 120k and 130k at least. If it goes beyond that, it could invalidate the giant ABC move and form an extended Elliott wave toward higher targets and beyond. I’ve found Elliott wave analysis particularly useful for long-term projections.

Robertus

Will February 2025 be a bull month ? It's been positive 80% of the time. We'll see. Cheers Lower Bound and Higher Bound are the 95% Confidence Intervals of the Returns

Robertus

Correction confirmed by secondary moves. Primary uptrend intact. Market cleanse needed to continue upwards. Price is looking for fresh new "unleveraged" buyers. As long as there is excessive leverage; prices will not be sustained. Would love to see just the price to skyrocket from here, but you guys know how this is. Perhaps the newbies don't know how this is....

Robertus Updated 

Primary trend still intact. Secondary trend is in corrective mode. Market cleanse can happen towards 85k. After new year we resume. Good thing is that OTHERS.D, (the % it represents against BTC (excluding top 10)) performs best in January. So i guess this is just a short term breather. Market makes the rules not us. We'll see how it goes.

Robertus

if it is USEFUL PLEASE LIKE and FOLLOW. If BTC wants to go down it needs some upward correction. It is likely it can go between 57k and 60k. We have a liquidity zone in Volume profile and the golden ratio of the downward movement at 61.8%. It is very possible BTC will encounter downward pressure at those levels. First it needs to squeeze those who are shorting...

Robertus

Just an OPINION if it is useful PLEASE LIKE and FOLLOW. Hello Traders, What we see: 1. Price broke out of the channel, marking a TEMPORARY end to the uptrend on the daily timeframe (the general trend is still bullish for us). 2. Increasing sell volume on the daily (circled in black). 3. RSI in oversold territory. 4. Sentiment now is in extreme fear. Value...

Robertus

Just an OPINION if it is useful PLEASE LIKE and FOLLOW. Hello traders: What we see: 1. Huge candle in the 4hr chart with big body and no tails. Some people here agree that the price is fair and a good buying area. This can be interpreted as decisiveness (blue elliptical). 2. Accumulation Distribution is above it's EMA13. Buy the dip? Sure many people bought...

Robertus

Just an OPINION if it is useful please like and FOLLOW Hello traders, What we see: 1. A clean upward channel on the daily. With two bullish flags (rally + correction) 2. In the channel we have two rallies and two corrections. 3. We are currently on the second correction. 4. Both rallies and corrections look very similar. 5. First correction retraced between...

Robertus Updated 

If it is useful Please LIKE and FOLLOW Hello traders, What we see: 1. Falling Wedge with a potential bullish divergence (not yet confirmed). 2. RSI oversold. 3. Buying Volume picking up a bit. If it retraces we think it will be on falling buying volume, meaning it will just be a a kind of a weak retrace. Panic shorting for the moment is not optimal, if it...

Robertus

If it is USEFUL Please LIKE and FOLLOW Hello traders, BTC here making a decision. It is stuck in a small range between 56k and 59k. It broke out of a falling wedge that if played out it can retrace to around the 62k area. The main highlight of this chart are: 1. Bullish MACD divergence, 4hr chart losing downward momentum. (Circled in Pink) 2. RSI coming...

Robertus Updated 

If it is USEFUL PLEASE LIKE and FOLLOW :) Hello Traders, Quick update: 1. Rising Wedge (lines in pink) broken with a MACD bearish divergence (circled in pink) 2. Accumulation Distribution below its EMA13 (indicator below in black with aqua, circled in pink) 3. Huge selling volume on the daily (circled below in pink). 4. Price inside a channel. (Lines in...

Robertus Updated 

If it is USEFUL please LIKE and FOLLOW. Just an OPINION. Hello traders, Not too much to say, Price bouncing on solid supports: a. PoC level of the Volume Profile as support (purple horizontal line) at 61K (range of price most trades since September 2021) b. Inverted Head and Shoulders neckline, before it was resistance, now it is support. Price reacted nicely...

Robertus

Just an OPINION if it is useful please LIKE and FOLLOW Hello Traders, Just a quick update, 1. The daily confirmed a bearish divergence in the MACD (we did not want this to happen). 2. Lack of buying volume in the daily and a significant sell volume. 3. Daily trend is still intact but as we see it is a bit forced. We believe there is going to be a small shake...

Robertus

If it is useful PLEASE LIKE and FOLLOW. Traders, Price has been consolidating for a while and just broke out of a symmetrical triangle. Right now we are leaned more towards a bullish bias, given that inside the symmetrical triangle (pink lines) and the super obvious inverted head and shoulder. We believe that the Symmetrical Triangle and Inverted HS apply to...

Robertus Updated 

If it is useful PLEASE LIKE and FOLLOW Hello traders, Let's take a look at the patterns our brain made for us. You know, we mention this because our brains tend to create patterns everywhere. We bet you guys see head and shoulders everywhere in the chart, isn't it? The most important thing about this TA, is to identify the correct context and know when a...

Robertus Updated 

Just an opinion if it is useful PLEASE LIKE and FOLLOW. Hello traders, 1. Market decided to dump, worst thing to do is to sell when the dump is at is maximum splendor. 2. We were longing from below and were expecting this to happen, as long as BTC trades below its record high, it is still a very gray area and painful pullbacks are more likely. 3. What we...

Robertus Updated 

If it is useful Please LIKE and FOLLOW. Just a personal opinion. Hello traders, Lets break this out: 1. Ascending Bullish Triangle. Suggesting that in every dump there are less and less sellers, supply is getting scarce. People are buying the dips at a higher price. Sellers are selling at a fixed price at the top. 50k is simply a very marked psychological...

Robertus Updated 

Just an OPINION. If it is useful please LIKE and FOLLOW. Thanks. Important things to see in this chart: Fib levels taken from the swing that started in 16 March 2020. Fib levels also taken from the current dump. that started on 14th of May. There are 4 important things we noticed: 1. Mini Gap. At the 18k - 19k level which aligns mainly with two things. ...