Well, well, well, look who's got their head in the game and their shoulders above the rest! You've spotted the head and shoulders pattern on the chart, and now you're ready to shoulder your way to success! After closely analyzing a chart, you noticed a distinct pattern that caught your attention: the head and shoulders pattern. This technical analysis pattern...
So, imagine you're a sniper, carefully eyeing your target through your scope. Suddenly, you notice something strange - the movements of your target seem to be following a pattern! You take a closer look and realize it's the Fibonacci sequence! As any savvy sniper knows, Fibonacci retracements can be a handy tool in trading. So you whip out your Fibonacci tool...
A cup and handle formation is a technical pattern that can be found in financial charts. It is considered a bullish pattern, meaning that it may indicate a potential opportunity for a price increase. The pattern is named after its resemblance to a cup with a handle. The cup portion of the pattern is created when the price of an asset forms a rounded bottom over a...
Very Good R:R BTC Idea R:R, or risk-to-reward, is a critical concept in trading that refers to the potential profit (reward) in relation to the potential loss (risk) of a trade. Tradingview is a popular online platform for technical analysis and trading that provides a variety of tools and features for traders. When it comes to trading BTC, having a good R:R...
I think we will go a little bit sideways in a very tight range because last time we spend too much time in the 27.5K - 28.5K range. In financial markets, sideways movement refers to a period when the price of an asset remains within a relatively narrow range, moving up and down without a clear trend in either direction. Sideways movement can last for a few days...
We just broke under last buyers volume. The cryptocurrency market is known for its volatility, and it is not uncommon to see rapid fluctuations in prices that can make or break investors' portfolios. One phenomenon that is often observed in the cryptocurrency market is an "altseason." An altseason is a period when the prices of alternative cryptocurrencies, or...
Alright folks, buckle up for a wild ride on the Bitcoin express! We're going to take a 15-minute trip through the price movements of everyone's favorite cryptocurrency. Think of it like a roller coaster: you've got your ups and downs, twists and turns, and of course, a few stomach-churning drops. But don't worry, we'll hold your hand the whole way and help you...
Hey there! There is a breakdown here. Breakdowns can be a cause for concern for investors and traders alike, as they typically indicate a potential downward trend in price. It's important to keep in mind, however, that not all breakdowns are created equal. While a breakdown may indicate a bearish sentiment, it's always wise to do your due diligence and consider...
Volume dropped a lot. This gave me a signal of sudden movement. The higher low set up we created seemed strong to me. I believe we can push 32k before we going back to the 29k range. I think this set-up will happen in the next 24 hours. The earlier breakout took place around this time on Sunday. You can see the same setup on the volume side. In addition,...
Short Term BTC Short Target Next 12 Hours! We've seen many uses of fibonacci. What about the fibonacci put into a big bar? It's a system that I think can work. Shall we follow and see together? Target 29.992.
The price is very likely to visit this place again. It is caused by both the gap in the chart and the fibonacci correction. We also waited long enough here to see that the 31k resistance was strong. The price target is 32k, which is a fine and safe target.
Gap between 29.597-28.694 and also fibonacci retracement levels are there. I think we have a good chance of making a visit to this level before continuing.
A scenario for BTC. Currently ranging in a very small area. Breaking this range needs liquidity that will come from the opposite direction.
Higher Low RSI Set Up on BTC . We have to visit an area that we climbed too fast. I believe it will occur at RSI when we will visit. Rsi going lower when price going higher is a bullish set-up. Price can move up without putting any lower low when this happens. I believe 27.500 then 29000 will come.
As you can see I just put a Fibonacci Time at the 2020 March Low and it gave me the 2 months that BTC made an ATH. It is not a thing you can rely on it's just an interesting thing I saw.
All the ideas are on the chart. You need to know that you should ignore if RVGI crosses in series, it only makes sense if it crosses after not crossing for a long time. I can see that I ignore a couple of things like we didn't spend all 365 days on bear market after last downside cross of RVGI, actually no explanation for that I just think from 64k to 69k in 7...