Please support this idea with your likes and comments and subscribe to my profile to be alerted about new ideas;) Thank you! Last squeeze below 7600 was an obvious stops hunt. Now price has made a pretty strong bounce, broke the falling wedge and can test 8100 zone again. In my public channel (check signature) we have even made a small profit on last squeeze...
Please support this idea with your likes and comments and subscribe to my profile to be alerted about new ideas;) Thank you! It has take 3 days for the price to finally hit all targets of my previous idea. Now we can judge, is this move was just a correction before another drop or bitcoin is bullish again? In my opinion the answer is clear for now - bitcoin...
Please support this idea with your likes and comments and subscribe to my profile to be alerted about new ideas;) Thank you! Weekends accumulation has formed a bullish wedge pattern. Notice the 3 lows structure with declining volumes, bears are clearly losing strength here. Also notice this accumulation was going for 4 days which is quite long, thats what you...
Please support this idea with your likes and comments and subscribe to my profile to be alerted about new ideas;) Thank you! After yesterday's drop Bitcoin has formed a similar fractal to what we have seen in July. Chart on the left is July's fractal, on the right is current one. In July price has formed a low at 9071 and then went up quite fast, was rejected on...
Please support this idea with your likes and comments and subscribe to my profile to be alerted about new ideas;) Thank you! Yesterday bitcoin has broke 9k level which was decision level between bull and bear market in 2019 year. Volumes in dayly candle for yesterdays drop were biggest dayly volumes in last 42 days. So price has broke the crucial 9k level with...
Please support this idea with your likes and comments and subscribe to my profile to be alerted about new ideas;) Thank you! Last drop below 9600 has turned into yet another bear trap. Price has now broke the falling wedge and aiming to go higher. Target of the wedge is POC level of yesterdays accumulation - 9760, this level is also +50 margin zone (zone doesnt...
Please support this idea with your likes and comments and subscribe to my profile to be alerted about new ideas;) Thank you! In previous idea on thursday I have predicted Bitcoin to move sideways during weekend and then go up. This idea is just an update, I dont have to add really much, price was moving sideway/consolidating as was predicted, formed a reversal...
Please support this idea with your likes and comments and subscribe to my profile to be alerted about new ideas;) Thank you! Last 1000 USD drop was a typical wave C, price has stopped exactly on 200ma on 4h timeframe and also on biggest volume profile cluster of last few weeks. A drop to this strong support has leaded to immediate 500$ move back up right after...
Please support this idea with your likes and comments and subscribe to my profile to be alerted about new ideas;) In previous idea I have predicted Bitcoin to go up, that was right, and I also mentioned 10060 as a crucial level that Bitcoin needs to pass to become really bullish again and that has also happened, price passed this level. Bulls have succeeded even...
Please support this idea with your likes and comments and subscribe to my profile to be alerted about new ideas;) In last updates of previous idea I mentioned that a break of 9700 can make Bitcoin bullish again. Now we have this break of 9700 and soon going to have confirmations like 1h/4h close above this level. Price has also broke a bull flag. Think now...
After last 500$ dump think its only clear that another big move will not happen just right now. Market needs to calm on weekends after last few days of high volatility in both directions. I do expect a sideways for at least coming 1-2 days in range of 9720 - 10060. To predict next big move we need to see the structure of this sideways/consolidation. At the moment...