ferdybitcoin

ferdybitcoin

Hey guys... I'm on the daily and using pitchfork tool for this analysis. Whether this chart pleases you, be kind still to drop a ❤ 💙 on the like button. I really like and expect a bullish reversal for bitcoin post-march and seemingly my bias is in tandem with pitchfork. We have seen a nice bounce from the p3 line... seeking to test the p1 (red) line i assume...

ferdybitcoin

BNB reacted with a rapid upward move from the confluence of EMA50 and the S/R level. This setup is a confirmation of a bullish bias as we may see price make upward rally to $600 ~ $700 from here. The narrative may chance if BTC misbehaves - however, expecting the support confirmation to hold.

ferdybitcoin

As far as we don't breakdown into the pitchfork tool, we are posed to reclaiming a new ATH. a breakdown invalidate this bias. Keep an eye on it

ferdybitcoin

$SPELL broke out the pitchfork p3 sub3 zone and seeking to test the p1 line. This is a bullish setup for $SPELL as we can expect $0.023 ~ a new ATH perhaps. Let's see how the bulls react on p1 line as it may be more interesting if we see a breakout Keep an eye on it

ferdybitcoin

Looks like the second biggest dogecoin clone is retiring here. Price is trolling the EMA20 on the hourly and holding nice as support. Recall that the more a support hits, the weaker it becomes. I'm expecting price to breakdown to test the EMA50 before advancing with the bullish trend.

ferdybitcoin

So here... we did see $BTC smashed $51k finding its way to $52k Pitchfork indicates $52k for a cool off. However, fib tool beacons a smash. But if it breaks and stays on $52k pitchfork p1 line, its next target is $52.9k ~ $55k on a rapid retracement. But if pitchfork p1 is not broken at ($52k), it can consolidate between $49.2k ~ $52k for the while.

ferdybitcoin

BTC bounced nicely From the S/R zone (horizontal yellow line) which is a key level of fib tool - indicating a bounce from one-third of the trend length, and also in confluence with pitchfork p3 sub3 zone (exactly around one-third of the pitchfork lower chamber zone. Expecting bulls to step in & stimulate price to retest the $49k ~ $50k key level after which we...

ferdybitcoin

If you like the idea, i ask nothing else than your support with a "like" and a comment of your thoughts. Price has been printing an ascending triangle on HTF & LTF. Within, we see repeated breakouts of sub triangles to the active triangle. Currently trolling on the dashed yellow line which is poised to lead it through its corresponding upward channel from here...

ferdybitcoin

Liked this idea, You can support by hitting the like button 🔳 or drop your comment on what you think The blue dotted line was constructed to trail the key fib resistance levels and with the parallel support line, we formed a pennant. If we observe, we see how price face a resistance and support conformation multi of times on the dotted blue line... Following...

ferdybitcoin

If you consider this helpful, kindly hit the like button & follow me to see more of this. Printing a pennant on the daily and looks ready for a bullish impulse. Expecting this to breakout soon Keep an eye on it! $ATOM 🚀

ferdybitcoin

Falling wedge spotted on EASY/USDT both 4hr and 24hr TF. Bullish on breakout! 🧐

ferdybitcoin

Price broke out the inverse H&S pattern on the multiple TFs. I don't want to give you euphoria, but I think we are primed for a new ATH. Indicators shows a strong momentum. Keep an eye on this smashing it's ATH price. Trade #SAFU 🙏

ferdybitcoin

Price respected the pivot lines on multi TFs - the least it went down was $46.3k Here we are with a breakout of the p3 sub3 line... If we close above this line, all road reads to the p1 line (@ $55k)...and a new ATH eventually. I think we are positioned to achieve this, following the activation of the golden cross mode, a breakout of 0.5 fib retracement level...

ferdybitcoin

Falling wedge spotted on multi TFs in the BTC pair. Price broke-out of the falling Wedge on all and looks good for an upward rally. The breakout was also in congruence with a bounce from pitchfork p3 sub 3 line. On the daily, We may want to see a retest of the p1 line which may give us a good price action on the both the BTC & USD pair. The breakout was...

ferdybitcoin

Here is a dose of my idea that may give you elation, and I will Keep it super simple. We have a potential support at $45k. The only key level of support on multi TF is the $42k zone (the yellow line). ...but there is an 80% probability we wil won't break down $45k zone! Yes and I mean it. If we do, which I highly doubt we'd, we may want to test that $42k...

ferdybitcoin

Price already bounce off the EMA200 on the hourly and seeking to break out the falling Wedge. I'd look forward to seeing this breakout rally up to EMA50 as buyers would dominate the playbook from the fairly oversold RSI..

ferdybitcoin

Wait for it!

ferdybitcoin

Momentum is decreasing as shown from the convergence of the MACD line & Signal Line on the daily. However, I'm seeing a positive reversal as price makes HL while RSI makes LH on LTFs. If this is completely reflected on HTF, then we should expect a rapid move up to 100% from this zone. Price is already following the channel.. I'm expecting price to make a leg up...