As i did post an analysis yesterday about BTC in higher time frame , forgot to mention about Bullish divergence but it worth to mention it with another bullish pattern in shorter time frame As we can see from image above, we expected BTC to bounce at MA100 in Daily time and support trend lind did pretty good job, So BTC did bounce and we got a good...
As it is obvious we have been in bloody days since 9 Nov and made many people panic BUT.... BTC has been printing a massive Cup and handle since 14 april and exactly after we hit the ATH it began a correction ( for handle ) ! in case of breakout from the top the holder we slightly should hit 100K in terms of CUP targets Even though that we had a leg down now but...
As we all passed through the Jan 2021 and we all have seen what happened, these days of BTC was quite interesting for me and made me think about different possibilities of prediction in the BULLISH and BEARISH scenario which I explain one by one in below I know maybe we are more BULLISH in "Onchain charts", "market cycle" or " sentimental analysis" but it's...
White line: We had such a this movement in past and in same support line and now we are testing the Old same line and also with almost same chandle stick and price actions which to me is something bullish (if we say history will make it again) RSI Divergence: In exact same time we had a Bullish Divergence which moved the market to +45% from the low and it did...
Is it only me that see the H&S pattern in BTC dominance (weekly chart) ? Of course NOT , but we are sitting in the neckline which has been very strong support for a long time (almost 940 days) , if we see a breakout from downside (breakdown) it would be amazing for ALTs and probably a strong ALT SEASON What you think about Bitcoin dominance and my analysis ?...
Bearish divergence As we can see here there is a RSI bearish divergence (also in Daily TF) but as we know 1H and 4H TF have bullish divergence , in weekly BTC is not promising Bearish Engulfing We had such a this engulfing candle in Late 2017 20K which leaded BTC to 3K , now we can see a massive bearish engulfing candle that will close in 11 hours and its...
We got a big pennant here on 4H chart which MA128 on the bottom got very good support in previous drop, also EMA200 is our next support which is tough to break. I my opinion and my analysis if we breakout the pennant from the top it would leads BTC up to 50K even. BUT, if we have a breakout in other direction and both supports were unable to do their job then we...