Talk about being a bunch of little girls. If I offended you ohh well, I don't care about cupcakes and hot chocolate, I'm a donut and coffee guy myself. I never seen so much drama in a market, "Moon Shot to 20-30-60k" and then like someone flipped a switch, "Bear market back to 5k". HUH? Its like a bunch of little girls on a playground choosing their new...
Things are still looking bad, bears still seem to be in control at this point. From what i can see, think 11500/700 seems to be an important level to break for the bulls. Because if they don't manage to break that, the right shoulder of that possible H&S stays alive, making this bounce up we just had a lower high before we break down. The nekline is still around...
sorry for the low count of updates and idea post, as said I'm on my vacation but I'll try to give some short-term guidelines and areas where the BTC price probably wants to go and wants to bounce ;)
First of all, thank you for the support for my last post, it was a really great call and actually, the "Sell" was also pretty nice, I could not put the...
We looked at Bitcoin short term (4H scale) and we saw it going lower... Now, we are looking at the weekly chart and it isn't looking good... But, before we get started... Feel free to hit like to show your support...
Bitcoin (1W) Chart Signals & Analysis
We are looking at a lower high on the weekly time frame. This weeks candle is about to close.
When we look at the chart, the first thing we see is an ascending channel where is located an ascending wave 1-5. As we know, the continuation of the Wave 1-5 is the correctional wave ABC. Moreover, I want you to pay attention to the fact that all supports and resistance we saw during the last couple of months were ASCENDING, so they made the market growing...
The price could not reach the previous high at 13880 level. We got the 2nd important swing high lower than the 1st one. It is a new bearish signal telling us about a correction movement or a sideways movement if the price can't break below 10 000 support level.
We have the confirmed bullish trend in the long run, and the correction movement is a good opportunity...
Good morning, traders. I've noticed a lot of "the sky is falling" coming out of CT after this weekend, and calls for $7500 and lower. In reality, the only thing that's really happened, though, is that price followed last week's triangle outline. Until it breaks down, this is the pattern that traders should be paying attention to at this time. It is possible that...
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Bearish price action and pressure.
Break below previous lows and support zone of short/midterm long holders.
Market structure at a strong support zone, expecting some bullish price action now!
Last week when Bitcoin broke above the triangle you could see many traders were again calling it to $14k or even higher. They were so focused on the small timeframe while not seeing the market movement from a broader picture. I warned you in my channel specifically for this reason, to pay attention to the weekly timeframe as it was telling another story (chart...
BTCUSD is sitting at the bottom again and setting up for next bull run. Our Target is 20K.
How you can trade on this chart.
Watch bounce off and go long.
In case price breakdown sharply then it will change the Triangle but will remain in correction for next wave but it will be a different pattern.
Hello all Brothers...
Today we are on a date with a new update and a new trading week as well
Please read the details we mentioned below the chart carefully. Thank you for your support, and sorry for the long text!!
In this update, we take about :
Summary for our day with btc!
our predictions for next week!!
The main levels for btc and best...
I trust you have had a wonderful week-end with your plentiful profit crop on top of that! Some of our profits have been taken, the other attacking positions keep working. The large operators are perhaps looking now at $5K, maybe with a couple of retraces, but the smell of the 6th point on 1-4-6 target line of Wolfe's bear pattern is back in the air. Either of the...
PundiX / BITCOIN
NPXSBTC formed falling wedge . Look very bullish .
Very often I hear good news about this coin.
When you buy, do not forget to sell the order for about 0.0000008 - 0.00000009.
This order will be redeemed from you, and on this you will make a 20-30% profit.
pulling apart the charts looking to see if they are still holding the previous patterns and projections, and ETHEREUM right now in an area of interest for me.
Way back in June, which in trading time is forever ago... I posted this chart.
And guess what... here...
Price is below the Daily, 60 and 15 KS as well as the cloud. This is a Type 1 trade with a High probability and good RRR.
Entry = 1.7912
Stop = 1.7932
Risk = 20 pips
Profit target = 1.7843 ( The projected daily low )
Reward = 69 PIps
RRR =3.445 - 1
I would appreciate if you leave a comment or like as a thank you
Have a great week !
** This is my 100th...
A while ago I did a fractal comparison between BTC and gold, because a few people here on TV and me noticed the incredible fractal similarity between the BTC behavior and the gold behavior.
Of course, the timescale for gold is far greater, since gold has a much higher marketcap, thus doing everything much slower.
But in principle, the charts look really...