Sunday forecast for Monday dump came true. As I wrote in Stocks/Oil review, its not yet the sentence for bulls as we are still within uptrend at daily, but at lower timeframe BTC have entered consolidation stage, and it should grow above 32900 to make it bullish again.
Dominance at 68.4 support - possible drop lower to 67.5 which will pump alts more.
D04-05: AC...
🙋♂️ Hello Crypto Community!
Check out my long term analysis for BTCUSD and my entry zones.
❗️ After the dip I am waitting for a rotation. In the chart you can also see the key zone for the next week. It is very significant zone which will say us so much about the next bitcoin movement future.
You can also see my entry zones, where I am going long on bitcoin....
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MARKET OVERVIEW
Price Action: Bitcoin established a new ATH @ $34.8K and has slowly retraced, now nearing the 200MAs.
Chart Patterns: No significantly visible chart patterns.
Areas of Interest: The area(s) of interest for us are the highs @ $34.8K and the 200MAs @...
MARKET OVERVIEW
Price Action: There was a ton of volatility in BTC, with thousand(s) dollar movements to the upside and downside. BTC made a new high at $33.3K, retraced back down to $30.3, and now creating a new high as i am typing this.
Chart Patterns: No significant chart patterns.
Areas of Interest: The area(s) of interest for us are the previous...
MARKET OVERVIEW
Price Action: Bitcoin established a new ATH @ $29.6K before rapidly retracing, which gave us a profitable short trade, then bounced off of the 200MAs, giving us another profitable long trade, and seems poised to make another go at the highs. If we again get a new high that is marginally higher, then we might have an opportunity for a third...
Welcome to the New 2021, let it be definitely better than the previous year, and let all your wishes come true.
Even the festive New Year mood cannot take our desire to write the weekly digest "Bitcoin Weekend".
Here is the BTCUSD chart in 4 timeframes and let's try to figure out what is visible there.
The past week, as well as the last month of 2020 in...
After a new all time high after Christmas and a correction to my buy zone, Bitcoin is just under my 30k target . The recent rise lacks power and new all time highs are marginal which gives me reasons to expect a correction. In my opinion rallies above 30k should be sold and the main cryptocurrency can drop to 26k support.
Bitcoin looks like the bulls are losing momentum as the market is just short of reaching 30k. You're seeing actual market structure now not just parabolic movement. I'll be looking to enter a sell position on the break and retest of this trend line around the 28880 level. My target will be around the 25590 zone since that is a strong zone of support. I may be...
1) NEXT ALL TIME HIGH
IS ALMOST 50% OF THIS HIGH
IF CALCULATED EVERY HH IS 45% HIGHER THEN LAST HH
2) YOU GYS CAN SEE ITS ALMOST 45%-+ OF LAST HH
3) AND THATS MY TARGET FOR THIS TIME ATH
THATS ALMOST 45%-+ OF LAST HH
4) IF WE CAN SEE ITS TAKE ALMOST 24 BARS FOR ATH AFTER CORRECTION
5) THERE WE CAN SEE ITS TAKE ALMOST 34-35 BARS FOR ATH AFTER...
Bitcoin has been in a bullish rally for these past few weeks and has been moving very parabolic. We should all know that chasing parabolic markets is really dangerous. Big banks have been pumping and inflating bitcoin to reach these highs but I suspect that they should probably start to take profits around the psychological level at $30,000. Once major banks start...
The ORANGE LINE define our uptrend support.
If bitcoin closes ABOVE the orange lines, we still in bull run.
If Bitcoin closes BELOW the orange lines, we will have see the reversal, bearish scenario.
What we need for a healthy correction:
1 - MACD needs to go to a neutral zone (0);
2 - RSI needs to touch 40-50 level;
3 - Candle needs to to approach the EMA 50...
Having set a new all-time high on December 27, BTC buyers were unable to continue growing due to strong opposition from sellers.
In the previous idea , we have identified a fairly large range, from which we expect a correction in the price of BTC.
In this idea, we decided to show a short-term forecast.
As you can see, buyers again formed a consolidation for...
Market shaken, but haven't dumped. Stocks keep on growing on stimulus bill approval news. Yet I prefer to stay safe and not hold any long term trades that close to New Year, as I expect many big accounts will be fixing profits before the end of 2020. Bitcoin has 2 more days for sidemove - we may even see a pump to 30k on breakout of nearest trendline and 27k...
the bitcoin market will experience an uptrend, because we have squeezed the sellers in the signal surrounded in the charter, it is the end of the downtrend and the start of a rise because of the large volume combined with the candle that there a wick above the body and also the breakout of the Vwap indicator with a large volume, this means that the market is...
When yesterday I wrote that " alts season is very close " I didn't expect it to start in 3 hours after BTC review 😄 But it did and it was massive.
BTC day candle closed with bearish doji, but I wouldn't rush into shorts yet. After 14% pump BTC need to consolidate. Let it do so. If it fail to grow above ~27400 probably retracement will come, but so far trend is...
Bitcoin is the King 👑 Nothing stop it from this monster bull run. Every dip it takes seem to be giving even more power for the next impulse. Momentum reversed up again. I see 30k acting like a magnet to BTC and its only 6-7% from where it is now. But don't worry, alts season is very close as well 😉 Not yet, but January can be very profitable for alts.
D26: ...
