BTC Decision Time
Will the $9K Fortress Fall?
There is a seriously crazy amount of stuff happening in the world!.
- Global pandemic.
- A very just and long overdue fight for equal rights.
- Economic turmoil.
The list can certainly go on, but we'll only add one more thing to it — DECISION TIME FOR BITCOIN.
It is very likely that Bears will once...
Recently I've been only focusing on the macro-level perspective mainly on the weekly chart. This one is very interesting...
Take a look at the 50 Weekly Moving average . Anytime it goes down pulls the price down too. It hasn't happened very often and when it did in 2014 and 2018, massive price dumps followed.
It seems like today, 50 Weekly MA is...
I rarely post charts, but when i do it im always right;
Ive been trading bitcoin since 2013
1 day divergence from 10200 ~ 10400 usd
Rsi going lower, its not an asset so valuable now that SP500 is going to the moon.
Im shorting since 10200 usd levels, my first target is 8800 ( Rebound to 9200 than full short again to 8000)
Wait until gets to...
Here is a simple a quicky analysis for BCH, and it forming a bear flag on the important Support level if we lose the minimum accumulation of this flag a short entry will be indicated, and the target is flag protection,
Push the like bottom and follow us on TradingView and Telegram.
Hey everyone, I will be trying to post more on my account. Been very busy with school and this pandemic but I for sure will try to expose more ideas. Recently, I've been looking to improve my trading and now I feel like I have finally come to a point where I'm starting to feel confidence in trading. I moved away from indicators, and all this crap. Mainly I look at...
MartyBoots here , I've been trading the markets for 13 years and I have see this Panic before
What is unusual is that the Corona virus could have actually been used to manipulate the masses and even other countries
Who needs real war when you can just create a deadly virus
Anyway let me know in the comments what you guys think
Please like the Video to...
Greetings everybody here's my analysis on BTCUSD. I have alternate possible Elliot counts as well as bearish and bullish scenarios with some of my fundamental views and thoughts behind Bitcoin and the current state of the financial markets.
For those too lazy to watch through, my primary count leads me to believe that this current dump is the possible end of...
Bitcoin price action reached the upper triangle's border, the resistance withstand and thus BTC went down in a way it was drawn with price action bars projection in the most recent update which was shared on the 13th of February.
Bitcoin price went below $10 000 and consolidated there which was confirmed by numerous rejections of breaking back to the higher...
BTCUSD is situated into this bearish pennant from 26 november 2018 until today and it most likely in late this month or february we will have a huge,massive and fast breakdown untill 1800-1900$. What is important to understand,i m not a permabear or permabull but this chart is extremly bearish
Beriash pennant is a continuation pattern and NOT a reversal pattern...
When looking at this daily chart my opinion is that BTC is either way going to test that 3000-3300 area first to test the support once again. From that point what happens next is...
A)support breaks and the price is going to keep falling down to 1900-2100 area where there's another support, then breaks downtrend and tests 3000 again. According to the RSI...
This is how i see the current Bitcoin crashing structure.
The breakdown below the 6k descending triangle broke the main bullish structure.
I am expecting a slow declining Usd value, in a sort of similar way of the first Bitcoin bubble.
Lonely differences: market cap, and time frame.
As you can see, the current crashing market is developping around 6x slower than...
-Bitcoin is crashing slower than expected; (uncorrect time frame)
-Bear market might last longer than expected;
-Crucial support was crucial, Bitcoin rested above it and retested it way more than i would have expected;
-Once support broke Btc immediately dived, to form a bear flag around 5400;
-Then Btc went to the 3.500 and bounced;
-The time frame was not...
Greetings, Everyone !
Several dramatic decreases have happened recently. Bitcoin had been stable for a long time before Bitmain announced Antminer S15 and T15. Release of new miners in December will disturb equilibrium of supply and demand. Due to low level of network difficulty new devices will produce a high income level.
The market started to adjust price to...
Hi traders, It has been a while! I thought I would get back into the game of doing my analysis for BTC. Thanks to all who follows me and support my ideas. Currently BTC is at 4525 and we may will more likely be heading to $4000 soon. My ultimate target is $1200-1500 a Bitcoin. My may start breaking down and pumping brakes at $2500-3k. I have a target set at...
Currency Pair: BTCUSD
Time Frame: 1H
If you read my previous analysis you will find we are not at the bottom yet. I am going to explain the upcoming situation here step by step in brief.
Here 'A' point denotes the 5k wall and 4.8k,4.5k,4.4k are 'B', 'C', 'D' onwards.
Look at the chart right now. The possible scenarios :
Rejection from B level will lead us to...
Currency Pair: BTCUSD
Time Frame: 1M
In my previous analysis when Bitcoin was trading near 5.6k I have mentioned that we haven't reached at the bottom yet.I won't go thru a longer discussion here. At this time there is too much selling pressure. Earlier I have mentioned that if we break 5.4k we will face a massive massacre. Now 4.4k is a possible accumulation...