We assume that bitcoin forms wave 2 (black). The closest price levels for making test purchases are at 5500.5400. When the price of these areas is reached, we expect a rebound, as well as a further increase in the bitcoin rate in subwave 5 (violet).
Wave 4 (purple) presented a "surprise" for many. As a rule, one who is not ready for such situations, in fact, expresses his thoughts in actions: "Ugh, pla falls! I will close!". There is a discharge of the previous impulse, which developed without correction, and the price starts an upward movement further. Now a new impulse subwave is forming. Recklessly climb...
BTC10K From the $5,000 breakout, we will see downside, eventually to the $2200 - $2500 area. From there, its BTC10K BABY! You saw it here first, and if you weren't cool enough to buy in when I clearly told you to do so, don't blame me when you are sat there with your "real" money. #SHEEP #TheyTellYouItsRealMoney SennaLeighton.com
BTC10K From the $5,000 breakout, we will see downside, eventually to the $2200 - $2500 area. From there, its BTC10K BABY! You saw it here first, and if you weren't cool enough to buy in when I clearly told you to do so, don't blame me when you are sat there with your "real" money. #SHEEP #TheyTellYouItsRealMoney SennaLeighton.com
Yesterday, we painted a possible 1 wave (black) in the form of a wedge. We have defined its boundaries. Correction wave 2 (black) may still last for a while, and a place for a good purchase has already been formed (for those who are out of the market). In the near future, we expect the growth of bitcoin, but we do not exclude any surprises with a failure below.
We are looking at all indicators capped out here (stoch rsi and macd) so i think we are due for a retrace , yet we are still bullish so btc should break out the rising wedge then continue to progress in an upward channel just have your eyes peeled for bitcoin community and whales looking push the breakout of the rising wedge upward past 6k i dont think it will...
The 235 day cycle in Bitcoin corresponds with major highs in the overall price. Our current cycle completes on October 10, signalling the end of the megabull and the beginning of a bear trend (historically speaking). During past megabulls we always got parabolic shifts in price, something that hasn't really happened yet in the current bull market. I believe this...
Hey Here are some important zones for reversal if we have a small correction - target will be same for all of the points ( I would think we will have a small downtrend before we are going up ) If people are interested I will keep updating post, please tell me if you open position and I will keep you updated as often as I have the opportunity to :) -Tedy
This 2 possible scenarios might happen, it depends on this week plenty of FED speeches which will drive the dollar as well as North Korean´s tension. If you want to buy i would wait for an hourly flag (continuation pattern) which verifies the uptrend and the breakout, if this happens tomorrow could be your trigger. If you want to sell, wait for the breakout of...
hi this is my opinion for this pair. thanks for watching.
Anytime is not late to buy BTC. Timing is important for to buy BTC. It has new top point now. You can see its up trend on graphic. If you have position you can hold your position until price does not come under 4639$. If you do not have position and if you want to buy BTC you can open position as put stop loss to 4639$. This point is important for BTC. If it comes...
Over the last month and a half BTC has been extremely bullish by placing new highs and by once again reaching the top of it's long term channel. This is a deciding point for BTC. There are multiple scenarios that could play out, here are a few that I believe are the most probable. Scenario 1: Many of us know that history tends to repeat itself, therefore BTC...
I ask you to pay attention to the critical level for bitcoin at a given time. In the event that the current or subsequent weekly bars close above the support line / cost resistance line, we will see a subsequent increase of 900% + in the next few weeks. I would like to draw your attention to the fact that the key condition is the closure of the current weekly or...