ngl i did not forsee us sticking this tightly to an advancing reverse H&S however, here we are, way above prior ATH. Next up we begin trading that final shoulder. I belive this will kick off a consolidation phase which may trade down to 21k range. area of interest is marked in the elliptical. apologies for the line puke of a chart. hide drawings to view...
Today I'd like to touch on a systemic threat to the bullish thesis on Bitcoin, and Crypto in general, which I don't see discussed very often, which is Quantum Computing (QC). Now, one of the most popular demonstrations of the power of QC, has been it's application of processing power to crack lengthy mathematical codes. Many companies, and governments across the...
$BTC / USD 4H Chart - no indicators - support levels in green - resistance levels in red Bitcoin pushing a breakout of the historic $20K all time high. No need to fight the clear trend here, but try to avoid getting chopped up. I think there is potential for Bitcoin to range around $18K (white box on chart) for a little while before retesting the top of the...
I have been watching ETH but not trading it (full disclosure). I called this drop earlier... I do not see the thrust up that I would expect for the movements in Crypto as of late. I see price flagging to the downside vs finding support at this level. I think price will correct lower $400 - $420, before making its grand "to the moon". We will see.
2 minutes ago i can imagine 3 targets for qtum but becareful market is in a sensitive time and bitcoin can move fast and of course it can affect on qtum lets see
actually this is not a big move but this is what i'm gonna use for opening a long position on algousdt chart in a good time..
This Analysis Is Done Only For Educational & Intelligence Purpose, Invest Or Trade At your Own Risk & Will.
Yesterday BTC broke the resistance at about 7100usd . Now a breakout confirmed , so i can expect price tests 7200usd resistance . Bulls got the control at the moment, however any break down from 6900usd can change the trend. I will update chart and inform you if any changes happened. This is my first idea, i hope it could be useful to you. :)
bitcoin from $13000 had a big resistance and now it just broken its mean long position now be good
Is it possible that as we grow an enthusiast for a bullisih phase up to 6k usd I see a bearish Pennant? :)
With a break to the upside and a Golden Cross on BTC chart recently it ETH breaks to the upside we could see some nice gains.
Can Chainlink keep defying the laws and move above key levels while it continues being overbought? Or double top and pullback some? Stay tuned!
Bitcoin is in a healthy uptrend that will break resistance, pull back to the new support(previous resistance) then head higher breaking the overhead resistance of the previous move. This may sound a bit confusing but the chart makes everything clearer! Next resistance is 10900/1100 and if the trend stays the same then I expect the level of 1500 to be broken in...
speculated as wave 3 extended with truncated wave 5, then ABC down to 6000 area before going up again attempt to break out the big resistance
Closed my last hedge short from 9800s for a small profit @9681. Reopened here. R:R is too good to pass up on.
hard to ignore + & a healthy retrace is always good. I'm not shorting but longing dips. GLHF