Strength_in_numbers

Strength_in_numbers

4H timeframe Long trade Entry = $2,200 Areas of confluence: - Bounce of the downtrend - 382 fib - Co-incides with a wick that acted as support / resistance @ 2,151 - Uptrend TP1 = 3,230 / 46% TP2 = 4,040 / 82% SL = 2,040 / -8%

Strength_in_numbers

Daily TF / logarithmic chart A trendline has been in play since September 2023 where Bitcoin has found support on multiple occasions (thick white line). With a brief breakthrough in April. Currently looking a bearish div. on 4H chart which would signify a move down. Using the fib chart, a break below said trendline could take us to the 618 which is also a...

Strength_in_numbers

Weekly TF Finding support @ 0.056 Increased strength on RSI Huge upside potential @ 5,800% to ATH 187:1 reward vs Risk

Strength_in_numbers

Huge upside potential @ 4,600% to ATH (ignoring the "random" wick May 2021) vs -80% to ATH Next leg down would be: $0.24 (also the 786 fibbonachi) Followed by the ATL @ $0.126 I think anything between current price - ATL is a good spot buy. TP1 @ $28.00 TP2 @ $81.00 It would be interesting to see if the "random" wick is actually forecasting the end price for...

Strength_in_numbers

Finding strong support @ 0.013 - 0.016 range (which is 0.5 fib measuring ATL to ATH) Huge upside potential @ 4,100% vs -70% risk (assuming we reach / exceed the ATH of $0.76) Increased movement in the Weekly RSI 2 x breakout attempts of the downtrend. Could be 3rd times a charm 🤷‍♂️ Estimate flight time to target = Dec 2025

Strength_in_numbers

4H timeframe Bitcoin near-touched the ATH and currently we are yet to break above this level. Candle closes above the ATH could send BTC into price discovery however for now we should assume that it could be resistance. Liquidity Zone @ 100,500 We could see a reaction to the 236 which is sat directly below the liquidity. Microphone pattern formed during recent...

Strength_in_numbers

4H timeframe All the short liquidity has been absorbed from the last 6 months at the current price range. Next zone up would be 113K - 118K range. In the interim the chart is indicating that a correction could be the next move for Bitcoin. Signs: - Overbought on daily TF - Liquidity absorbed - significant divergence on the 4H - starting to break the...

Strength_in_numbers

4H timeframe All the short liquidity has been absorbed from the last 6 months at the current price range. Next zone up would be 113K - 118K range. In the interim the chart is indicating that a correction could be the next move for Bitcoin. Signs: - Overbought on daily TF - Liquidity absorbed - significant divergence on the 4H - starting the break the...

Strength_in_numbers

Hello fellow chart enthusiast 👋 This is an idea that i had inside my head 🧠 : Daily TF Move down to 95K Liquidity-rich Zone sat between 113K - 118K. Connecting the 2 highest wicks you can see a trend line which is where I believe BTC might go to next. This would absorb all of the short liquidity from the market and give BTC holders a false sense of...

Strength_in_numbers

Seeing a bullish divergence on the Daily TF coupled with a double bottom (zoom into p.a. this last week). Breakout of downtrend 🚀 Long trade TPs: $0.107 $0.219 $0.370 33% per Spot purchase: Uplift potential @ 6,200% to ATH Use TPs above @ 20% per and let rest run into Q4 Downside potential @ -20% 📉

Strength_in_numbers

Entry sat on 618 fib @ $1.17 Multiple TPs with top line @ $7.41 Breakout of downtrend would be bullish 🚀

Strength_in_numbers

Daily TF Using the fibbonachi rectracement tool the 0.5 is currently sat @ $0.81. If we see a move down this could present a long opportunity with top line being $4.50. Breakout of historical downtrend could propel price to this level. Reward vs Risk @ 29:1

Strength_in_numbers

Daily TF Picture perfect channel with 4 points of contact - breakout could be expected on pt. 5 Used an inverted Fib retracement and the 0.5 / 618 / 786 seem to align with levels that price has previously reacted to. Next leg up is $1.88

Strength_in_numbers

Bitcoin could react to the uptrend (circled) which would also marry with the daily high @ GETTEX:98K (2nd & 7th May) Worth -5%

Strength_in_numbers

I have a theory that Sam Bankman Fried is going to break out of jail and the price of FTX Token is going to pump 🤷‍♂️ could be wrong on that one Anyway... finding support at $0.81 on 3 occasions. Increased movement in the Weekly RSI. Breaks above the downtrend could be mega bullish 🚀 TP range between $0.22 and $0.77 C. 1,700% uplift 43:1 reward vs risk

Strength_in_numbers

OM (mantra) looking quite spicy. Finding support briefly on the 0.5 fib / $0.35 Could be lining up for a recovery pump after seeing a drawdown of -94% early April 📉 Else moves down to 618 possible. In the meantime keep your fingers and toes crossed 🤞 maybe the crypto God's will be kind.

Strength_in_numbers

BAKE p.a. has been oscillating around $0.19 for the last 3 years. Attempted a break out of the downtrend Dec 24 but was unsuccessful. In Dec 23 we saw a rejection from the $0.19 price point, down to $0.15 before seeing a significant move to the upside @ 500% If current p.a. rhymes with Dec 23 a long entry @ $0.165 could be favourable. Depending on how patient you...

Strength_in_numbers

I'll be truthful I don't think the expression "long squeeze" is a real thing - but it should be! Daily TF Next level down i think is 98K should the local support @ 102K break. 0.5 fib puts us at 89K / a touch on a macro uptrend / touching a key price point where BTC has oscillated for several months. This move would accomplish a liquidity grab and fill a...