RSI is overbought. No Volume. Bearish MACD. Wyckoff and I have seen this before
Rug shall be pulled. All the bears capitulated but I ain't f*ing capitulating. -Last Bear Standing
Markets return to the scene of the crime. Don't fall for it
Double Top pattern is formed on Crypto Total Market Cap.
It is Q4. Q4 momentum is the year end momentum. After Bitcoin did the 2nd ATL, we all already know that this Q4 and next year will not the the favour for Bitcoin. We still losing momentum from the China mining market although Europe and US country has already toped up their hashrate to cover the temporary process decline. But it is not enough. We all know that...
Hello Traders, It was quite a shock yesterday but you shouldn't have been worried if you are following my chart properly. As for those who are new trust me, believe me when i tell you something important that no one would. You don't have to fear anything. Don't get scared of this slight pullback. Look at the bright side you weren't fallen from $64k but just mere...
The bear market continues after this deadcat bounce
We'll keep going down to 10k until the end of 2021
Bitcoin, currently on a rising wedge. Elliott wave on the 5th wave. Will it drop from the rising wedge going for an ABC to the downside?
Hello, everybody! My name's Hank I am 11 years old and training myself about stocks. Anyway, I know you might think I'm an idiot but, I have seen why Bitcoin crashed, and why its gaining. Now, I watch a lot of news and read many articles about stocks, bills being passed, jobs being made, ect. The reason Bitcoin fell a couple days ago is because of 2 things. 1. The...
Over the last month Bitcoin has had countless of opportunities to make its bullish break up. Yet, it has failed on every single occasion. At the moment Bitcoin seems to have completed a double 3 WXYXZ wave. This in turn amounts to the B-wave, of which we're now staring a potential C-wave in the eye. If Bitcoin breaks the $30 000 support zone, that will confirm...
Bitcoin is trading inside the 30k-40k range since many weeks and likely to break the range bottom aiming the Stop loss cluster areas below 25k . Ideal level to invest is around 18-21k ,splitting position and entering long positions at every dip till 20k or slightly below is ideal in our opinion. On the other side , scalping inside the short term range is also good...
In February and March we talked regularly on the YT channel about how Bitcoin's primary and secular trend lines were far too steep to be sustainable. Well, that was quickly redeemed by a deep and long-lasting price- and time-based correction. The primary and secular trend lines now merge nicely on the weekly log chart (if drawn as internal trend lines rather than...
Hey guys, I'm up with new analysis, a new idea about BTCUSDT. Here you can see a bold red curve which is actually the famous 11-years-resistance line (actually from the time Bitcoin is launched). Past data shows that whenever we touch this resistance, the bear market starts. Here is what I have noticed: "0.618 fib level and bear market targets" In 2011, the...
Bitcoin price did a -45% correction, so far price went below DMA200, which is indicator for long term traders/investors and if we will stay below it for reasonable amount of time, that would sinalize further dump. IF price will manage break upside above DMA200 and stay above it, we could be safe in the long-term goals, and see btc floating around 100k by the end...
Hi guys, MA200 is the strongest support line of Bitcoin and has been in the past years. If today's candle closes below MA200, it is a sign that we might go lower and fall into a bear market. But if the candle closes above MA200 (ignore the wick) we may bounce back soon to a bull market and a great opportunity to buy more. The RSI and MACD are pretty low,...