Idea for BTC 23.61 line is best and most appropriate line for a reversal this will be the third touch of support on this line, and a great point for reversal Coinciding with the curved trendline that has developed, it just makes sense Resistance areas in red, green areas are support ~30K (29k if you are good)
There's no doubt I m bearish Bitcoin since 60k, and the main crypto didn't disappoint me, on the contrary... Since the top, BtcUsd lost half of its value and it looks like it will not stop here. Looking at the price action this week we can clearly see that rallies are sold and bears are in total control. That being said I expect also a break under 30k and...
as shown in the above analysis, we have a pennant channel in BTC on the 4H chart & most traders know what to expect when seeing this pattern. highest outflow from exchanges in history, Hash-rate is climbing back up after all the migration of mining companies out of China. FUD seems to have no/zero effect on it now, confidence is raising again specially for...
After a schoolbook, Head and Shoulders chart pattern, BTC Bitcoin support level of 30-32K was broken by wicks down multiple times which is a bearish sign that could lead to a dip to the next major support level. That`s why my first personal target is 24-25K usd per Bitcoin medium term price target. I`m looking forward to read your opinion about it.
Hey guys here we see big descenting triangle here and I Drow rsi divergency if we close above this trendline new trend will be begun ! Lets check my old analysis !
Hello newbies I’m a Crypto Influencer, I’m expert of telling BS on Youtube and shill my scamcoins bag on Twitter Bitcoin will go to 120k enter next week and 288k for September Just buy more and pump the ponzi Not financial advise of course cause I’m only a clown influencer
BTC IN RANGE AFTER ANY BREAK OPEN YOUR POSITION... BE CAREFUL ... TRADE SAFE
Most likely, Bitcoin will not break the $ 32,000 range This will be determined by July 18 and the goal will be to test the $ 65,000 range by the end of this year. If the $ 32,000 range is broken, you will see $ 19,000 this month
Bitcoin - Intraday - We look to Buy at 31305 (stop at 30598) Dips continue to attract buyers. We look to buy dips. Daily pivot is at 31000. Short term momentum is bearish. Our profit targets will be 33288 and 33988 Resistance: 33000 / 34500 / 35500 Support: 32000 / 31000 / 30000
--------------------------------------------------------------------------------------------------------------------------------------------- - The First Parabolic Wave from 3000$ ish propulsed BTC to 64,000$ (Perfectly +361.8% Fibo) - i imagined a Second Parabolic Wave with the same amplitude from the Top, starting from 28,000$ and added +361.8% Fibo - Result...
Bitcoin - Intraday - We look to Sell at 35123 (stop at 36016) Daily signals are bearish. 20 1day EMA is at 35100. 35200 continues to hold back the bulls. Broken out of the Head and Shoulders formation to the downside. Neckline resistance 35100. We look for a temporary move higher. Preferred trade is to sell into rallies. Our profit targets will be 32821...
Following from previous discussion this cycle analysis takes a closer look at the relationship of previous cycles to calculate possible trajectories for future PA. It is, at the end of the day, unknown where the value of BTC will end up, and this PA is definitely bullish in sentiment. However I am long term hodler and believer in Bitcoins overall success, so bias...
A blow off top is characterized by a sudden rise then sudden decline in price, accompanied by a large volume spike This can be seen across the board on Bitcoin (BLX) throughout its Tops within the Fibonacci circle Currently the volume is lacking for a blow off top, and the chart seems to be prepping itself to perform a move like a blow off top at the next Fib...
This is currenctly my short forecast on Bitcoin as we have just finished creating a Bearish ABC flat as seen on the chart. i will be updating this charts as it goes, NB: Trading not advised but for those who only buy and hold check it out. Break below 28K , will be a confirmation for more downside, look at Daily.