hdlr

hdlr

BTC has broken upwards out of a falling wedge that has been in the making since mid 2021. Price may move down to retest the top of the wedge. After the retest, expecting a continuation of the upwards price movement.

hdlr

Using this chart to track the Bitcoin price action after a breakout and a retest of the channel down, which it has been in since late 2021.

hdlr

This chat shows what I am tracking in the case that Bitcoin breaks down from here, on a longer term time frame (red arrows), and enters a real bear market (not just a correction, which I think we could potentially be seeing at the moment). As I have learned from being in this market since early 2016, if you think Bitcoin can drop X amount and hit a "bottom"......

hdlr

Bitcoin/USD 4 hour chart. Tracking the price move out of the falling wedge (bullish reversal pattern), with divergence between price lows and RSI lows. Yellow lines show the RSI making higher lows and price making lower lows (bullish divergence). Failure if price moves below the bottom of the falling wedge and confirms downward price action.

hdlr

BTC is possibly creating a bull flag. It looks like price is finding some resistance at the previous high. Since there was somewhat of a dip in this area yesterday, I'm expecting price to retest the bottom support around $30k. We may not even see a retest of the lower support with how strong the price movement has been, but a retest would be good to create...

hdlr Updated 

Tracking bull flag on Bitcoin 2 & 4 hr charts

hdlr

Tracking Bitcoin price movement on the daily chart.

hdlr

Downtrend ending with head and shoulders.

hdlr

Do something already. Like watching paint dry over here.

hdlr

The herd has been proved dead wrong yet again!

hdlr

Looking for a retest of the $9.5k-$10k area at the bottom of the triangle one last time, and then a break upwards as support holds.

hdlr

Bitcoin price rises. U.S. equities market falls.

hdlr Updated 

Bitcoin price is currently moving back down toward the lower end of the trading range. If price holds above the $9.8k level and moves up from here then a triple bottom chart pattern seems to be playing out. To confirm the triple bottom, price will have to move up and break the top end resistance of the range. In terms of price target after breaking resistance, if...

hdlr

Outlook on Bitcoin is just neutral until it breaks one of the blue horizontal support or resistance lines. Everyone screaming that it is suddenly bearish also adds to the argument that we are now at the lower end of the trading range and are going to move back up soon. When the herd yells bearish, think the opposite.

hdlr

Price and RSI are showing hidden bullish divergence on the 4hr chart. Hidden divergences indicate a trend continuation. In this case, a continuation of uptrend. Expecting higher prices soon.

hdlr

Bitcoin’s most recent drop could either be a lower low for continued consolidation or the beginning of the right shoulder for a bullish inverse head and shoulders pattern.

hdlr

Bitcoin has been correcting from its yearly high, and price has been printing a falling wedge. Falling wedges are bullish patterns in both continuation formations and reversal formations. If we don’t see a breakdown in price over the next few days I am expecting a break upwards out of the wedge to continue the uptrend.

hdlr Updated 

Bitcoin's local correction seems to be coming to an end, as support was found around the $9,000 area for the most recent move down. Price might move back down toward the bottom support line as depicted with the blue arrows, but overall I am expecting some strength to show up soon. Next resistance is the $10,000 level. I have been seeing everywhere that FOMO will...