-By reaching the resistance area of 43500-44000, Bitcoin may lose some of its momentum.
To collect more and more powerful liquidity to break this resistance area, it is possible to return to the support area of 42750.
-By reaching this support area, it gains more strength and momentum to continue its trend and goes up to the level of 46000.
WEEKLY OUTLOOK ON BTC
Bitcoin is currently about to end correction move...
We are also seeing Breakout and retest of the channel...
But 12K might be test before starting the Impulse phase of this market ...
This is just analysis ...
Comment are highly welcome ...
Let me know your views on this ...
Thanks..
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hi guys
so after to take lot time to analysis the second price of bitcoin is 14900$ it will trade some month bettwen 14900$ and 18100$
but the really bottom of bitcoin 10300$ by fibonacci . if you're see this analysis you're lucky.
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Educated guess based on gann fans and fib circles and experience. I'm convinced, are you? (oh, lowest point on or around July 17th with a HUGE capitulation drop coming on July 4th)
Hello
We are watching the Bitcoin bounce from the areas of 26k dollars that I previously identified, and how you see the chart, we have a high probability that the Bitcoin will rise to the areas of 40k dollars in the medium term.
Hello everyone,
Bitcoin is down 42% It's a very good time to invest.
If this is the moment of a price rebound, the profit can be very large.
I consider it a safe entry, as whales and large companies (such as Microstrategy) have their average in these areas.
The price may also go down which is very real but not to below 28k.
Then we shouldn't worry, because...
Yesterday's candle on 1D closed as a pin bar and RVI broke its resistance line and reached 50. Provided that RSI and MACD bounce off their support lines, then it it plausible to expect the price to follow its path as presented on my chart. This is a potential price action for a local correction that may take up to couple of days to complete. The green rectangle...
1. Check My previous BTC chart Analysis Very Important
2. Eyes on Every Possibility
3. Avoid trading for 1 to 3 days because now not Confrimation of Trend
Hi this Aklane from ABtrading , as you can see in the chart the rising wave from 28k to 50k has expired , now the bitcoin is in a really important area and it's not really good to trade especially for beginners , in my opinion there are two posibles scenarios :
the first one is the Btc will move tranversely within the channel between 45k and 51k and it will end...
Hi everyone.
This is our actual scenário.
We are under 2(two) downtrend lines that are pressioning Bitcoin at the moment.
The support is U$9.900 and if we broke the support Bitcoin can fall to the key region U$9.300
The resistance of the moment is U$10.400 - U$10.500 (only if we break the downtrend line).
Trade the breakout.
Do you own study
Make sure you...
July 4th Action & CME Gaps to Fill
Just a few quick thoughts about our current situation... as always not financial advice, DYOR, etc!
I think the chart write up mostly speaks for itself. Still a few CME gaps to close one above us @ 11,500-12000. I suspect we may end up in this area tomorrow.
Then on the 4th of July when CME is close we gap down. There...
Hey guys, Liam here. Sorry I haven't posted in a while. I've had some things to do on my site - so haven't been able to post anything. I'm back now though, so you can expect daily analysis from me going forward.
So today we've seen the price reverse from a buy area that formed as a result of the reversal that took place on Monday.
The price didn't drop deep...
Hi All,
It's all in the chart: if you plan on entering this trade please don't risk no more than 2% of your capital.
The market is random, TA can only help us with getting a 50%/50% hedge on capital.
So it is Imperative we always use stop loss.
Swing traders: Statistics and probability are on our side.
Don't worry about being right all the time.
You just have...
Hello All,
It’s becoming much difficult to tell where BTC is heading.
Analysis from a macro prospective:
Currently we have Asia Pacific retailer investor.
Crypto market only seem to have smaller institutional investors.
Crypto Exchanges seem to be getting hacked every week.
Crypto does not have a killer game or dapp for mass adoption.
There have been zero...
Hi All,
BTC is currently at a crossroad. Not really sure where we will end up.
BTC was rejected during its uptrend to 6800.
If the bulls can not support 6500.
Tehn I see this as a 70/30 split.
70% BTC retrace back down to 6400 or 6200.
30% BTC makes higher lows @ 6800 and stay above.
Remember people we have been in a bear market well over 5 months.
The...
