As we can see the price now is in the daily ascending channel and now is receiving channel resistance and ATH resistance both at the same time and we can expect correction and a little rest here, after that expected pump from 40k support:
Binance BTC Futures Open Interest has now broken its All-Time High, meaning buying intentions are higher than ever and those who do not already have Bitcoin exposure yet, are merely waiting for a price ATH breakout before doing so.
⚠️Not a guarantee of when, but we’re getting near.
BOOM! I'm back with it! This ain't no joke anymore..
Keep calling me a clown..
This is TOP TIER TECHNICAL ANALYSIS.
You keep doing your Bibonaccis' and all that... But this is it..
This is why I work on Wall Street.. No other can do this analysis..
THAT RISING WEDGE IS VALID...
It will make the decision..
Game is on brothers.
Like and comment please. Make...
As you can see here in 4H timeframe perspectives bitcoin is about to break all time highs
and also its above a good trend line that has made from couple of days ago
but early optimism is likely to lead to gains although extended attempts higher are expected to fail
Preferred trade is to sell
Prior to the big 2017 rally, a similar downtrend was seen just like we saw when the 64800 ATH was reached and retraced. We are now re-testing the previous ATH (will break soon, with some expected pullbacks). When this happened in 2017, the price rallied 715% to the peak. This would bring us in the current run towards the 230000 dollar levels.
$NFLX - Netflix neared a record all-time high after market close - as the largest streaming service brought in more subscribers than analysts projected in Q3. Profit also beat forecasts, while Revenue was in line with estimates.
EPS of $3.19
Sales +16.3% to $7.48 billion - anticipates another +16% gain in revenue Q4
Profit of $1.4B
Revenue of $7.5B
S&P500 futures have crossed upwards over 50 days Moving Average and the trend seems to be stronger than ever. Stimulus from FED and positive tones regarding stimulus from other major central banks fulfill the market with the bullish signal. However, traders must be careful as we are getting closer to All-Time High -levels once again. The market has...
Does it really happen? Does the price of Bitcoin will do another all-time high since April?
At the moment, we are quite close to getting it. Probably the last consolidation area, before the new ATH, created a strong resistance level and currently we are above of that. WAIT FOR A 1-hour CANDLE CLOSE to confirm it! After that, you can wait for a retest if you...
The paper has formed a good uptrend. A fixing above the support level 171 would give a positive signal for a long-term buy long.
Fundamentals are also good, Chinese companies start to recover, you can pick up with a good discount and wait for new ATH.
On targets: the nearest unloading I plan on the mark of 230 dollars (+35%).
❤️ If you find this helpful and...
Situation on bitcoin.
Price is very close to ATH. Weekly candle close (with body) above 60k. This level is very important - now is 60k strong support.
Next strong support level is around 57k.
If you check also simply trendlines, you can see that price goes more and more parabolic.
This is good but very dangerous. Crash could come very easily and price can...
I got a few good calls on BTC in the last months, so i’m going to give you one more.
Clear skies ahead imho. We should get to ATH in the next 2/3 weeks in the worst case.
We could get a pullback before ATH, but that should be the last one. The 59k level seems the most likely scenario, but even the upper trend line from the previous uptrend channel (aqua green...