Look at the “W”. Look at the 3 month long trend. BTC has met the 1.618 fib level we charged at the original break out and break down. It has met all areas of confluence and pitchfork median crosses almost perfectly. It has stayed the course nearly exactly the way the chart has projected. What does this mean? Well we can’t give trade advice, but if history is to...
Sometimes the simplest ideas are the best and I think this one is a winner. -Bitcoin has been forming a channel over the past 63 days. -The price is currently sitting just below the all time high (bullish) -Price is sitting on a key support level being the mid-line of the channel (bullish). You can see how this mid-line has clearly acted as support/resistance...
(considering wicks) Simplicity is the ultimate sophistication. This macro analysis depicts the Bitcoin bull-run in a macro scale. If my calculations are right, BTC will top @ exactly $338,145.57 USD before getting into a bear market cycle. This has always happened before; I suggest you refer to a plain Bitcoin chart to see the cycles at its finest by yourself and...
A couple weeks ago I wrote about why I sold $10K of Bitcoin (but not all my Bitcoin) while Bitcoin was unstable. Basically, the reason why I did that was because I had too high a percent of my savings in Bitcoin, and that was unwise. My degree in Economics should have taught me better; but I got greedy, and fearful. The dust settled, I learned a lot, and now I...
CRUCIAL NEXT 2 Hours!!!!!! As we can see Bitcoin is forming this bullish graph, and BTC dominance rised above 62.5, which is bad sign for altcoins. Looking at the graph next stop for btc dominance is around 68%🤯. That could possibly bring bitcoin all the way to $100,000, but after that prepare yourself for huge altcoin season. FOLLOW FOR DAILY PREDICTIONS!!!!
BTCUSD - Intraday - We look to Buy a break of 54612 (stop at 53596) Daily signals are bullish. Price action is forming a bullish flag which has a bias to break to the upside. We can see no technical reason for a change of trend. We look for gains to be extended today. Pivot resistance is at 58354. Our profit targets will be 57494 and 58288 Resistance:...
BTCUSD - Intraday - We look to Buy at 53654 (stop at 52629) Daily signals are bullish. We look for a temporary move lower. We look to buy dips. The primary trend remains bullish. Our profit targets will be 56526 and 57442 Resistance: 56700 / 57400 / 58350 Support: 55000 / 53800 / 53000
I rarely use the 1H time-frame to trade, especially on the highly volatile BTCUSD, but I have to make this update as there are certain dynamics that can be highly valuable to short-term Bitcoin traders. As you see since the February 28 bottom, a Channel Up has emerged. The MA50 (blue trend-line and arrows) along with the MA100 (green trend-line and arrows) have...
Yes new all time highs, but after you get over all the hype and hoopla, you cannot ignore the highly vulnerable price area where Bitcoin is now trying to reverse. Was this most recent leg off of the 46K area a Wave C of a corrective B? IF price action confirms this, most traders and investors (especially those who just bought into this) are blind to the magnitude...
Welcome back Traders, Investors, and Community! If you LIKE this analysis, Please support our page by hitting the LIKE👍 button Feel free to request any pair/instrument analysis or ask any questions in the comment section below. Strategy : BULLISH RECTRACEMENT Good trading at everyone!
Hello friends, The bitcoin looks at this moment for day trade bullish trend -This mean not to much about long term expecting. we can have some increase trend the next coming time - i will add some new updates. The breakdown trend still not confirmed, we should follow the trend. # know that we can only know 100% the trend until we are on the day depending...
In this post, I want to go over a strategy that beginners can implement with any asset or commodity that have solid fundamentals. Disclaimer: This is not investment advice. This is for educational and entertainment purposes only. I am not responsible for the profits or loss generated from your investments. Trade and invest at your own risk. Explanation - A...
I've seen a lot of predictions for this cycle. From zero to 1 million. The most commonly believed (and dare I say supported?) forecast is 100k. While I think 100k is feasible for many reasons, particularly because stock 2 flow, fibonnaci and EW would support it; I am erring on the side of a more conservative forecast here around 88k. The reason I'm slightly...
It could be the beginning of one of these explosive trends up. Remember what happened last time On the way up there were plenty of very small pullbacks If indeed Bitcoin is about to skyrocket then the price is not expected to just collapse down. A huge payout is possible, 20R.
BTC has conquered its previous ATH as expected. Congrats to the holders with self discipline who held for 20 days. Last time we conquered previous all time high levels bitcoin had never touched that level ever again. For example: 20,000 was crossed and we have never touched it so far 42,000 was never seen again. Will 58,600 be tested again before we climb...
Watch price at level 60415.34 and 61788.45. Watch price at Exponential Moving Averages. "Inside Candle On H4 Chart"