Hello everyone, if you like the idea, do not forget to support with a like and follow. HOT is sitting around a strong weekly demand zone in green so we will be looking for buy setups. Before we buy, we want the buyers to prove that they are taking over again. You don't want to buy a bearish market right? on H4: HOT is forming a channel in blue but our...
Witness the Perfection of Levels in Bitcoin published on 10th june
CRYPTOS HAVE BEEN VERY SILENT LATELY, WITH GOLD AND SILVER NOW BULLISH. WILL THE METALS LEAD THE WAY FOR THE CRYPTOS LIKE THE FIRST BULL RUN WE HAD THIS YEAR. VERY EXCITED TO SEE WHATS NEXT. #BLESSEDPIPS
Could we see this pattern forming for BTC? Larger Bullish Butterfly pattern forming over the past 14 days. Completion of the pattern would take us to 1.272 (29k) or 1.618 (26k) Fib Levels. We may still go sideways for a bit before it reaches bottom. Looking at the RSI it also broke bearish and slope is down. Selling pressure is high. Again a break below 30k...
Depending on how you draw your trend lines it appears as if BTC either broke back within this pennant or has broken below the pennant. To me it looks like it broke down. RSI is dropping and volumes are dropping. BTC has found support at 34k several times already and will likely find at least temporary support there again. I expect it to break below this level...
Hello buddies, how are you? No need to explain about Alts for what happening over the past couple of days. We had seen huge red candles on the overall market. But most of us did not even imagine that the market will fall that much. So presenting you my thought on the current Alt market cap is what am seeing right now. - In the chart, you can spot Pitchfork which...
every thing is on the chart enjoy life :P
Hello Community! BTC /USDT is currently attempting to move above the major S/R zone (white line) shown on the chart. We need to close above this line on the 4hr or Daily TF for this bullish momentum to continue. If entering a trade don't forget to use a stop loss. Don't trade with what you're not willing to lose. Love it or hate it, hit that thumbs up and...
Bitcoin is on the suffering channel. Bit Dar Yek Kanal Reng Ast.
Hi Folks, You might be worried about Tesla's move on BTC, this is just a temporary news, no need to panic. I think BTC has completed it's 5th wave ABC correction. All other coins were due for correction and this price action is ensuring that. I expect BTC should lead the next rally on cryptos for making new highs after stock market specifically Nasdaq touches...
Analysis is purely on technical base read before making any comments first Short Trem: Bitcoin is in bearish mode all indicators showing high chance of bears 1- Elliott Wave BTC made move from break 19000usd level and moved according to elliott wave I- wave 1 and correction II- wave 2 and made correction avoiding breaking the pick of wave 1 III- wave 3 done...
BTC update with a few different indicators to help you: At the moment of typing this, BTC is back above its 50EMA. BTC needs to CLOSE a Daily Candle above this level and turn it into strong support. BTC is still in the Bullish Zone of the Ichimoku Cloud. BTC has managed to close above its Ichimoku Cloud Base Line (Kijun sen) 2 days in a row, it looks like this...
At the 1M chart, the price broke the downtrend, forming the first upside impulse. Besides, the trendline was broken on a significantly increased sales volume, indicating that a major player was forming a long position. On the 1D chart, the price is correcting and is currently trading between 50% and 38.2% Fibonacci levels. We recommend buying RDNBTC to take profit...