135 Days. will the bears crash the market for the last time before the 2024 mega Bullrun?
BTC monthly levels to watch 2018 & 2019 bear market bottomed out every time BTC tested the trendline & closed above it. resulted in a beginning of a new trend for upside BTC testing multi-yr trend for the 3rd time downside wicking is possible overall M close validate the setup
BTC is about to test 200smma $17.800 in the coming weeks historically BTC respected 200smma in 2015 bear market & 2020 bear market
details are written inside the chart thanks for reading safe trade
as i expected last week BTC 10 weeks consolidation about to end. a weekly close confirmed a break of resistance at 43.200 along side with 50EMA MACD cross over is another extra confirmation of bull presents, what to expect now BTC reached the 47k resistance. market can retrace back to 43.300 and reclaim the level as a support which's in confluent with 50 EMA,...
the pattern is clear. looks like btc is enjoying inside the channel with series of HH HL we might see a new higher high this year. its just a matter of time lets analyze one by one. after 10 weeks of consolidation period btc sell side pressures getting weak its crystal clear on MACD. the logic says after a long periods of consolidation we should expect a...
Ada is testing major support level in 1.47$ which's in confluence with fib level 0.786 Yes, I know the correction was too strong, but if you check the wave 2 correction that's stronger than wave 4 correction but the pain was healed with 206% parabolic gain. I expect the fifth wave before the next bear market in 2022. (I don't see any legit reason for bear market...
after a massive five impulse and correction market usually goes for ABC correction before continuation to the upside since we are in uptrend i expect a short term correction & long term continuation to the upside. update will be below the post...
the market did exactly as expected the pullback occurring very well i expect next week we will see 53k 52k before continuation to the upside For those who missed the 40k level, it is another opportunity in the coming weeks.
after a massive 52% rally since 30Sep bitcoin finally reached near ATH on 4hr timeframe RSI look very oversold for few days on daily chart price is far away from 200 MA we expect a retracement for market to breath & grab some liquidity in order to pump back to break a main resistance at 64K. good luck. safe trade
down trend channel has been broken we have a slight resistance for better entry wait for break of resistance good luck
weekly timeframe closed as a double bottom on daily we have some nice volume and forming W pattern and retested the neck line of W which is a bullish patter too . we expect a bullish move from here. good luck
Entry at break of symmetric triangle. please like and comment for more analysis
the daily chart the candles respecting this major symmetrical triangle for over 180 days since we are in Q4 the Bull run about to start the pattern getting tighter & tighter its very near to break out keep a close eye on it Maybe last time we are seeing these discount prices please like and comment your thoughts
we have 2 bullish scenario a big inverted H&S which is a bullish pattern and mini impulse correction impulse for better entry we wait for break of resistance and retest
Ada is stuck inside a bearish pennant my bias is on a long side, we make an entry on the break of the pattern on a long side please like and comment for more analysis
its been more than 50 days BTC stuck in this little box. I believe the bull market hasn't finished yet from technical perspective I still believe we will eventually break the main resistance key level and continues to 50k. but keep in mined both side break out scenario still possible. I personally wont make any trade unless we break either side of key support...
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