I think that in a trend the fibonacci 1.618 points are the main targets, both as time frames and as trend supports and resistances. ABCD harmonic pattern target also coincides with Fibonacci 1,618 time frame point at February 15. These are my personal thoughts. Not investment advices.
I'm still bearish since Bitcoin was 68.000$ , you can check my previous analysis. I see here two possibilities. Bearish Pennant lines or Bearish Flag Pattern lines. I think negative expectations about Fed continues. Not an investment advice.
In the bullish cypher, the points A and C should make successively higher highs. And point D must be above X. If it gets to point D and calms down there i might try buying. What do you think about this drawing? *These are my personal opinions and not an investment advice.
Bearish pennant target is 34.687$ Cci indicator still below 0 in the last 3 green candle. (2 hours) MOST (Moving Stop Loss indicator developed by Anıl Özekşi) shows we are still downtrend. I like this analysis very much, i recommend you to research it. Not an investment idea, just wanted to share my idea. If you have time check out my previous analysis.
There is an up trend before the start of the pattern. There is a down trend during the formation of the pattern. Three peaks are observed during the formation of the pattern such that each peak is lower than its previous peak. I think Bitcoin is trying to retest the conformation line. If it will fail to break up the resistance, i will be more bearish . Let's see...
The breakout can occur to the upside or downside. If the ascending triangle is broken up, can target resistances. i will pay attention to the volume increase and also for a possible false breakout. Not an investment idea.
On the 4-hour chart since October, Rsi is in a downtrend. Now it is close to resistance level. Resistance points of bear flag and rsi falling trend can be tried at the same time. I will follow resistance points. Let's see if the direction is up or down. * None of what i write here is not an invesment advice. Do your own research before investing in any digital asset.
Fib Speed Resistance Fan's can show me supports and resistances. When we come to a resistance or a support point i look at CCI level, now in daily chart we are at overbought level. I also follow Ema 10 and Ema 30 at the same time. What do you think of this follow method? * None of what i write here is not an invesment advice. Do your own research before...
When CCI reaches overbought point at 1 hour chart, right shoulder top can be targeted. Then price and cci may move down. If this formation is completed like this, head&shoulders patterns support will be very important for the next week's movements. * None of what i write here is not an invesment advice. Do your own research before investing in any digital asset.
Fibonacci retracement 0.382 point and critical rectangular resistance are at this point around 41,600$ Breaking up here can take us to Fibonacci retracement 0.236 level that is around 45.500$. Even if Bitcoin will see this level in my desicion we may target Fibonacci retracement 1 level which is very close to main trend support. Rsi lower than previous...
I see here two patterns. Double tap and Adam&Eve. For the completion of these patterns we should see around 1700$. But in my strategy I think the level of around $3400 will be seen first. Because in short term we are in uptrend. I expect it to aim for an upper channel top. This point is also very close to the Adem&Eve Curve. This short term uptrend started with a...
In my previous analysis, i said that i expected sales from exactly 45567 resistance point. I have a few reasons. First reason was the elliot waves. I showed these waves simply before and now i wanted to show a little more detail. Let's see what will happen. This analysis can be garbage if we close above 45567$. If you are interested, you can check my previous...
We are very close to 1.618 Fibonacci retracement level. It has broken falling wedge with a nice rise. I draw trend based fibonacci time lines, 10 Feb or 28 Feb can be trend change dates. We should see more volume increase for trend change. Cci strategy shows that we are in uptrend in short term. It can move between the white dotted lines i draw. I will wait the...
Just For Fun :) Bitcoin knows the danger zones very well and then finds safe ways. When do you think Bitcoin's next adventure will start?
In this long downtrend our wave cycle may be over. Let's follow the moves. * None of what i write here is not an invesment advice. Please do your own research before investing in any digital asset.
A possible cup-handle formation. I drew the Fibonacci targets of this formation. I'm on the long term bullish side. Good luck gold lovers :) Not an investment advice, it's my personal opinion.
A Pennant pattern has to be preceded by a strong up or down move that resembles a flagpole like we see Bitcoin's movement in recent months. Rsi compatible with this bearish pennant pattern. Look at Rsi indicator. 5 times rejected by the resistances in the downtrend. This expectation is in line with my analysis that i expect the continuation of the other...