TraderThierry

TraderThierry

For the past 12 hours or so, bitcoin has been in a consolidation at the $58K-59.5K Range. We can observe that the past consolidations have only led to bullish breakouts in the price. The price is again forming a bullish continuation pattern which indicates a high chance of a breakout towards the 60K range. We can also see that the price is currently facing huge...

TraderThierry

This bullish flag pattern is often recurring in the bitcoin charts at least twice a day for the past 3 days. We have only seen bullish breakouts out of these patterns, and it seems as if a new one has just formed on the 1 hour time frame. (Check 1 minute time frame for better view of Support and Resistance levels.) We have finally seen bullish momentum into...

TraderThierry

The indicator used in this idea is the Fibonacci trend based time lines. They are vertical lines that can identify pattern reversals. They are very useful and most often work very well. Applying all the settings correctly, we were able to see the first reversal in the trend once the Fibonacci level was passed. And since the next Fibonacci is on April 02 2021,...

TraderThierry

The price of btc is very close to the intersection of The median level of the pitchfork and the resistance level of the bullish flag pattern that has become a support after the price broke through it. Let’s see how it plays out. Thierry

TraderThierry

Combining different indicators to predict price action on Bitcoin today. Using hourly chart, we can see a Bullish hammer form at a support level. This bullish hammer presents buy pressure and could mean a pump in a couple of hours after hours of downtrend. Lines in purple represent formation of a bullish flag pattern that anticipates price reversal into higher...

TraderThierry

Using a combination of squeeze momentum and tweezer bottom candlestick chart to predict the explosive breakout that blew the bitcoin price all the way to $58,000. This is only for educational purposes! like for more. Thierry

TraderThierry

The Ichimoku indicator is broken down into many different lines and areas. To break it down shortly and effectively, We are looking at very BULLISH momentum in the market due to many factors in the Ichimoku indicator. Firstly, the LIGHT green line over the price presents to us bullish bias in the market. We can also take into account the WIDE area of green...

TraderThierry

SIMPLE YET EFFECTIVE METHOD TO DETERMINE SR LEVELS! This Pitchfork was drawn and displays clear support and resistance levels that have proven effective. The price rebounded through these levels. It is possible to guess that bullish momentum is awaited in the market since the price has bounced off the middle line once in the past hour. This is only for...

TraderThierry

Yellow lines are drawn using previous swing highs and lows and are able to determine support and resistance lines for possible future price movement. The price was met with some difficulties to rise over the $56,600 and has already retested twice. This is going to change since the price is building up slowly towards the level. Others yellow lines have all been...

TraderThierry

Bitcoin has officially held against the MA 50 and did not close under, but rather opened and went on with even more bullish momentum. The impulse has just begun! Beware that some corrections on the way are natural and totally normal! DO NOT PANIC SELL

TraderThierry

Fibonacci arcs are a an important indicator for price patterns. They plot many useful areas of support and resistance, which gives a trader a better chance to buy or sell at a better value accordingly. Now while all these lines might seem confusing to some amateurs. Do not worry about all the lines. You only care about the lines which are around the current price...

TraderThierry

The trend based fib time tool is used to predict pattern reversals by using horizontal fib levels. This method has proven effective and predicts many reversal patterns. By plotting the Key points on the daily BTC time frame. I as able to find that we are very close to a trend reversal, which means that bullish momentum is imminent and waiting impatiently to...

TraderThierry

Predicting the movement of BTCUSD in the upcoming weeks using the Elliott Waves. Please note that all diagrams and charts are only estimates. Using the fundamental rules of Elliott Waves, we are able to predict that BTC will have a bull run that could potentially reach $70K, before retracing back. The Elliott Waves have also helped predict that wave 4 which...

TraderThierry

BITSTAMP:BTCUSD