Bitcoin wicked to the bottom of the 0.618 Golden Pocket (26-28k). Getting below that could be a 18k bounce. Outlandish prediction but possible. The Crypto market is relentlessly flaccid and isn't putting up a fight (yet). Maybe the fight will be an aggressive V shaped bounce off the lowest reasonable Fibonacci support level. The 0.786 FIB level would be the...
Looking at this daily chart and FIB the 0.618 has been a bounce spot after wicks. Looks like a .618 bounce could very well happen, but if not, the next lower FIB is at 18k.
Looking at a FIB started in March of 2020 we are at a possible support level, if not the 0.618 is next support around 28k.
Checkout the V sharped recovery of RUB/USD. This chart marks the day (and dump of Ruble against Dollar) of Russian Special Operations in Ukraine to present. Are the collective wests sanctions devastating the Ruble?
RUB/USD Ruble Surpases Pre-Invastion Standing Against USD The chart breaks down a timeline of major events on daily chart. Feel free to comment with events that could be added.
4h chart shows #Bitcoin bounce at bottom of RSI cave. Stoch RSI and Lazybear indicators show oversold.
This is a 2h chart that show: possible bounce at the 314ma. 2h MACD is negative and daily MACD is negative. Have to start uptrend “NOW” or it’s beat market time.
Think if BTC/USDT can stay above the 45min chart 200ma "All is good". Overall not seeing a BTC or ALT market dump at all. Just within reason volatility
Bitcoin Pumped this morning, now comes the retraces. An essential 200ma was broken above on the 45min chart. The 0.618 Fib level is right at the 200ma and would be a nice bounce level - and the last chance before "the pump was flaccid".
This is a 4h chart with a good amount of time covered in a FIB retrace. We have wicked to the start, and are hanging at the 786.
BTC/USDT Daily Chart, perfect wick to 50ma. Weak MACD - but no doing to wrong too quick. If BTC really makes a mick bounce today, think Lambo season easily continues!
As I drew the FIB we are (maybe) finding support on the 314ma and 0.236 FIB level. We shall se. The 45min chart has a way of "grabbing" the short term price action of Bitcoin. Can always look at a good amount of time if you have a nice monitor and strong GPU with the 45min. 314ma isn't shown here, but is right at 0.236 FIB.
Above 200ma (white) and at previous support. The chard is very extended at this point as RSI and ADX/DI are getting stressed at the top. The 45min chart is very powerful for immediate price action for BTC. There is never a top or a bottom, as always this is a guess. But after this move up and looking at other time/candles like 4h and daily... BTC is...
The 45min chart isn't a standard for many traders but is POWERFUL. The 0.5 FIB level based on recent run is a natural bounce AND is supported by buy/sell volume on the 0.5 FIB. Worst case (and maybe better long run) a bounce between the 0.650 & 0.618 FIB. That will shake the weak hands and offer many much wow % gains on the way to new ATH.
BTC Squeeze and Volume tell a story. Sunday might offer a retrace (even if slight) for a nice Long position (or short for the soulless).
BTC/USDT on the 15min chart the 0.382 fib (as I draw it) and the 200ma are at 36,205
Like the BTC Pump, but note that BTC Volme isn't even 2 Billion last 24 hours and Shorts are slowly cranking up on 4h chart. Have a feeling this is whale play and BTC cannot "keep it up" Long. Be sure to take those profits, if in the green!
BTC Ranging 35 Days And Hugging 45 Minute 200 Moving Average