We are about to witness a bullish golden cross on the 4 hour chart which has considerable capacity for movement! Timeline is next 24-48 hours. >> Price prediction is not financial advice, make your own decision when investing. <<
Bitcoin has left Bermuda's triangle, yes but it's not what you think! Rest assured, this saga is far from over! >> Price prediction is not financial advice, make your own decision when investing. <<
A Bearish Pennant has formed on BTC and we are nearing the end of the triangle. A break out below the triangle could trigger this move. The length of the flag pole is how far price could move and the chart states 10k, I know it is crazy to think BTC would sink that low but that is what this bearish pennant is telling us. I am long term bullish and hope this...
As a follow up to my last post calling for a Bearish Pennant continuation, BTC has been attempting to break the bottom of the triangle to no avail. Although it is still too early to tell this is a strong bullish indication and we may see a swing back to the top of the triangle. If it does it will break through it with might as we've passed the two thirds mark of...
MA's a oversold and stressed at these levels, we should see a move back to above 50k over the next 2 weeks. This forecast is void if price falls below 30k. >> Price prediction is not financial advice. Always make your own decision when investing.
Cardano has been in a bullish trend but has been oversold because of the crypto selloff. It is about to bounce off its 200MA on 1H combined with a bullish divergence on both 1H and 15M. Trade accordingly.
Current trend is negative but we may see a bounce in both BTC, ETH and alts momentarily. Trade accordingly.
Current trend is negative but we may see a bounce just about here.
Price is on the right side of all the bearish golden crosses for all the large time bases and the last move has been a retracement back to the 200 MA. This next event could be the tipping point. Also this bearish pattern still needs to be confirmed. If invalidated, price can reach 62k. Trade accordingly.
BTC benefits from a lot of supply support lines on multiple levels that have prevented it from going any lower since it’s ATH of 61k. There is no directional consensus on the timescales that indicates an end to the bill run. Although it seems hesitant to go any higher it really is just in “transit” to 70k. Do your own research, this is not financial advice.
Which one's gonna get crossed next...!
The highest close of 2 weeks ago when the bearish engulfing candle was created was $57,808. Today we went higher at $57,892. This in theory cancels its significance. Bound to higher levels.
If the 58k ATH is broken, which very likely will be, will take us to 63k to 65k target in the next 48 hours.
March 3rd 52k will likely be retested in the next 24 hours.
50k by tomorrow is not guaranteed but very likely.
The resistance line of the Channel that started on February 21th and was broken on the 5th of March has become the support line for the time being.