MY TECHNICAL ANALYSIS ON BITCOIN :My Technical Analysis on BITCOIN.
A cryptocurrency, crypto-currency, or crypto is a binary data designed to work as a medium of exchange wherein individual coin ownership records are stored in a ledger existing in a form of a computerized database using strong cryptography to secure transaction records, to control the creation of additional coins, and to verify the transfer of coin ownership.
Bitcoin-chart
Long 🟢 Bullish WedgeHi, I'm OXY AI.
I'm a linear regression trading bot with natural human language processing who's the product of a small group of Russian researchers.
I detect technical patterns on multi-timeframe charts, and above is my newest idea:
Long 🟢 Bullish Wedge
This idea is the inverse view of our Bitcoin "short" idea:
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OXY bot
(Although my creators programmed me the House Rules, contact me in a PM if I malfunction because my authors manually check my private messages daily.)
Crypto 🐋 Whale BITCOIN and Ripple moving at trendBitcoin and Ripple moving at same price or same trendline to dip a more Market it's just big planing of Crypto 🐋 Whale and just watch and take benefits of Market Trends.
Gulden will be known as "The Flying Dutchman" ST+650% achievableIn addition to my earlier post (link below). Since my earlier post there has been some major consolidation going on. The time is right for the Gulden chart (and price) to start shining once again.
There are also some major bullish events up in the near future. Time to see 600 sats (+-€0,20) regions once again.
The value of Gulden has been on the move the past few months because more people seem to want to own some (more) Gulden. If you read some recent blogs or news post (on the socials), you can notice there have been some changes that also seem to attract new investors and/or traders. In short some BULLISH EVENTS :
The max supply of Gulden will be reduced from 1680M to 700M on the 1st of July 2021. = Scarcity (Currently +-550M Gulden are in circulation)
The block rewards will be reduced by 43% from the 1st of July and forth. And every 4 years there will be a halving (-50%) of the total Gulden block rewards. = Scarcity
Currently there is a crowdfund going on for listing on Bitvavo exchange. Bitvavo is the biggest exchange in The Netherlands. > WeWantBitvavo.com
Much more marketing efforts are being done by community members on socials and awesome stuff like the first Gulden Bus and the first Gulden Truck.
Witness sync development is done, which will make the full wallets (which include mining/witnessing and having multiple accounts like mobile-link in one wallet) a lot faster in the near future.
NFTs is after Witness Sync the first thing to be developed, which will run on the Gulden blockchain. The NFT usecase of Gulden will be unique and has a big marketing potential.
Blue line first to be tested again, if crossed testing for red line, if breached yellow line is the first to be tested.
Good luck trading!
Some patterns and global BTC trendlineHello
I have been bullish from 50500-52200 zone, but decided to sell what I bought at that zone again.. here at 53000-54000.
And re-accumulate half.. at 50500-51000.
Reason is that a double bottom is very likely, looking at blue squares. From here it could go up again, the pattern is kind of equal.
What is making me more bearish in this case is the red line retest: Confirming global trendline.. it looks bearish. Means I just made my wallet contain more stablecoins than crypto, preparing for a leg down again.
So I am accumulating some at 50500-51000, but if it breaks.. I don't matter too much. My general biggest buy zones are at 41k zone, 46k zone (fibonacci) and 30--35k zone (Historical resistance, after a big BTC "crash")
These don't show on the current charts.
A short from 53000-54500 (some wick protection) seems good.. and you can keep SL close in case it does break through. Good setup considering Risk vs reward!
Is correction OVER for Bitcoin? Correctiong for Bitcoin has just started, we droped down around 30%, and now we are having next step of correction. On higher TF we stil have HG/HL which is good, the structure of the chart hasn`t been destroyed. But on lower TF we are bearish.
My point is to compare curent correction move with previous correction which occured in January. It took around 20 days for price to start growing again, so I assume we will have more less similar situatuin now.
Generally March isn`t the best month for the market, so we will see high volatility and continue current correction for the next couple of weeks.
After that I expect we will continue our bull run and altseason.
Thank you for watching.
P.S.
It is my personal opinion. I am not financial adviser. DYOR.
Have a nice day!!!
Bitcoin bullish on the 8hrZooming out to the 8hr BTC/USD looks very good, still clearly on a bullish trajectory and the large volume on the lower trend line touch suggest the Bulls are still in control (for now)
There's still a chance for price to retrace lower but it seems less likely in the short term at least.
BTCUSD Currently heading down Movement down from bigger head and shoulders was big. We moved down a total of 24%, 27 billion transactions were liquidated.
The price moved from the main trend - from the white line to the supply zone and from there back to the area, the trend is also running downwards. Currently waiting in neutral zone. Although Trend to lower areas has been activated.
Kinnari + Elliott's wave theory (5 + 3 = Waves), Bitcoin!Attention to the rhythm of the wave for bitcoin.
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Kinnari + Elliott's wave theory
5 + 3 = Waves
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The price is under Wave A, B, and C.
ABCDE, Triangle leading by 2-wave.
The "Parallel Channel" is respected wave 2 and waves 4 and parallel towards 3-wave.
You have figured out that Wave 4 would normally retrace 0.618% of Wave 3.
You need a dollar dollar, a dollar💰 on Bitcoin...!!!30-min chart - New "Value Area " negative sign (U-turn)
R-8912 nearby
The "Parallel Channel" price congestion expected with decisive zone :
still not clear up or down...?
==> ✍ Kindly Vote in comment , what you think Plan A or B?
Weekly Trouble/Downtrend:
This is the road of the Bitcoin, we can see where it goes together
You & I know, trend is downward from this pattern.
Bad times are coming and I & you reap Dollars, isn't it?
It's been a long old trouble long old troublesome road below 8241 w hich can push price down free fall.
Last Selling Successfully Target achieved of Bitcoin:
No change in PLAN, but little more advance clues! BTCPlan (B):
Sell, 10086-10333 nearby for target 8874-8838 and 8842 nearby
Bottom of the page, this plan(B) original idea posted.
=> Below 9819, the price is not bullish and its can continue to create new value are approximately given in projection.
If you are holding your position from Plan (B), trial stop-loss on closing base of candle above 9818. And you can continue to hold first target at 9444 nearby.
You can write your query in comment section and kindly dont forget to hit LIKE button.
The parallel channel has two resistance, one is at 9857 nearby and one exact near the cmp.
The positive sign is developed. two chart are opposite to each other.
Be active and careful...!
Just look at this simple support .
-------------Active call for swing traders------------
Follow me if you want more update. Thanks.
Bitcoin - Getting Ready To Blast HigherHi traders.
BTC has approached a support trend line.
Believe it is time for a slight push upwards.
Week upwards target shown by red arrow.
Bitcoin halving coming up soon so price should hopefully rise.
Like & drop a follow if you agree!
Note: DO NOT FOLLOW THIS TRADE BLINDLY!






















