Hello, dear friends!😊 Many of Yo are wondering if the Bitcoin correction is over. In my opinion - no, the correction could be deeper! ⚡️BUT! This is not a reason for concern; on the contrary, the price will take a breather for further growth.🚀 People are panicking, saying "Should I sell?😱" If you're not a short-term trader, selling now doesn't make any sense....
Hi, friends!😊 A few days ago, Bitcoin's price action strongly resembled a double top, but today it looks more like a triple top. It sounds like a joke, but no, let's discuss what the triple top pattern is.🧐 Triple Top Pattern is a popular chart pattern used in technical analysis to identify potential trend reversals in financial markets. By the end, you will...
Hello traders! Entry: 2271.00 SL: 2274.00 TP: 2227.80 Wait for the break! Be careful! Don`t forget to look at the economic calendar! MAKE MONEY AND ENJOY LIFE 💰 THANK YOU! GOOD LUCK! 🙏🏻🙏🏻🙏🏻
The price structure looks bearish due to the bearish CH and the sweep of the liquidity pool above the chart. By maintaining the specified supply, it can drop to the specified demand. Closing a daily candle above the invalidation level will violate this analysis For risk management, please don't forget stop loss and capital management When we reach the first...
Yes yes, we know... this is rather a glum view of the market BUT, we'd rather be open to every possibility so that we're not taken by surprise. According to Elliott Wave Theory, it's often the case that if Wave 2 is a simple correction, wave 4 turns out to be a complex correction. This seems to be what we're seeing right now. Wave 2 was a simple ABC correction...
Entry price ,stoploss and Target already marked in the chart itself FYI. Guys pls like, share and follow my ideas . Thank You All
Yes it is not April Fool's, Bitcoin (BTCUSD) just closed a record 7 straight months of gains for the first time in history. Since it's inception, there hasn't been an exchange where BTC made more than 6 bullish monthly (1M) candles in a row. What started in September 2023 as merely a hold and bottom formation on the 1M MA50 (blue trend-line), eventually evolved...
I don't make the rules. :) We are just surfing the waves of emotions, of the crowds. Here we have Monthly line chart with the RSI It clearly shows a quickening of the trend and how the 4 year cycle is likely to fail this time around. It is too well know as a theory and will be front ran. (in my opinion) We should get a RSI peak at this rate, around May...
Hello,Traders! BITCOIN is trading in an Uptrend and the coin is Trading above the key Support level of 68,8k$ So we are bullish biased And we think that the coin Is accumulating for a Further move up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Bitcoin continues to flirt with the 70K resistance zone (blue rectangle on chart) and has followed the first leg of my previous chart illustration. With the halving coming very soon, there continues to be over exaggerated claims of Bitcoin "going to 100K by next month" nonsense. Again stop listening to people, LISTEN TO PRICE. Let me explain some scenarios to...
I've been experimenting with these recently introduced coins to gauge if they offer insights into Bitcoin's future price movements. Currently, there's a possibility that all three could trend downwards. It's prudent to acknowledge that we might still be in the midst of corrective phases in these movements. For now, my stance is bearish unless there's evidence...
BINANCE:FILUSDT is still in the bearish trend phase and is squeezed under the global trend resistance against which a pattern is forming that could turn the market. Lately, the coin has been building volume and increasing liquidity, but it is still trading under the pressure of resistance. A symmetrical triangle is forming relative to this line on H4, a break...
Here's another unpopular opinion... We can see that we had a clear 5 wave impulse for wave 1. We are now in wave 2, which is an ABC correction. We're looking for one final move down to complete wave 2 correction. It may happen, may not happen. If it happens, you know what to look for! For confirmation that we're moving towards the $10 mark, we can look for the...
Bitcoin (BTCUSD) is currently repeating on its 4H time-frame a fractal of S&P500 (SPX) on its 1W time-frame. As BTC is pulling back towards the 4H MA50 (blue trend-line) and a Bullish Cross is about to be formed, the symmetric development on the S&P500 fractal indicates that this Bullish Cross should be treated as a Buy Signal. On S&P500 it started the aggressive...
📉Hi Traders, Investors and Speculators of Charts📈 Fractals are a helpful way to identify how markets have previously moved. When identifying a similar pattern, it can be useful to speculate future potential price action. Doge has been very profitable so far. Dogecoin was one of my TOP altcoins to watch for 2024. (Find the others here): As BTC trades...
In this video, I delve into a specific scenario indicating a potential downward movement for Bitcoin. I discuss how to interpret these indicators to discern whether it signifies a short-term bearish trend or the beginning of a significant downturn.
BINANCE:ETHUSD is testing a strong liquidity area after a false breakdown of the support zone formed on the background of Powell's speech. The 3980-4000 area plays an important role before further rise or correction. A candle with a long enough shadow is forming on W1, indicating active buying interest in the market, which actively restrains the price from...
#BTCUSD bullish flag pattern Ascending rectangle Bouncing off hourly 100 SMA Bouncing off 4 hour 8-21 EMAs