Today i won't talk much about TheKing price action but just show some interesting facts. - i took the bullrun chart from January to March ( Shadow on the left) and i mirrored it near the Bearish fall down ( Shadow on the right ) , from April to June... and wtf ? , the Dip is same as the Pump, it's just inversed. Pretty weird but pretty clear. - i am also not a...
green area is wave B.red area is wave C. we are in wave B or end of the wave A🤗.wave B=30000_40000📈(range or up trend). after this wave we have wave C📉(down trend=bear market)like please.
Idea for bitcoin I believe support will be found soon and the bull move will be continued This to me is just a pullback within a larger scale bull market , I wouldn't worry if you are long. And if price does drop down lower it grants you the opportunity to add when price is much lower!
BLX long term chart suggesting a pullback then an advancement past the rounded top that formed interesting relationship between the 3.618 Fib circle level Each fib level is a blow off top The pullback target is also the 2017 Top
In this range we have, two big areas of support and resistance, they are the lower and upper parts of this range respectively. Marked with thinner lines we have the smaller support and resistance lines within this range. Right now BTCUSDT is building up against the resistance of this range (30K to 40K), we have a clear uptrend towards resistance, before the...
We managed to enter the ichimoku cloud, meaning we could move upwards within the cloud for a while, so far no rejections of the cloud pushing us down. We have both the upper range resistance and the 180 EMA above us, both are pretty strong. If BTCUSDT can consolidate for a while within the cloud with higher volume, a breakout is possible, leaving the cloud...
need a clear break above the minor down-trend line for continuation to 40k -41k. This area is criticle. will explain more below. once it moves in any direction. The reason I'm focusing on BTC at the moment is cuz the entire market follow exactly like how the world economy follow USD.
Speculating that BTC will reach $42,800 before resuming downtrend to $15,700 area where the price will consolidate for a bit before going back to $46,000 area overall I do see BTC to reach $92,000 sometime in the future
BTCUSD - Intraday - We look to Sell at 35966 (stop at 36908) Daily signals are mildly bearish. Trend line resistance is located at 35500. Previous support, now becomes resistance at 35500. Reverse trend line resistance comes in at 36000. Early optimism is likely to lead to gains although extended attempts higher are expected to fail. Bearish divergence can...
as I said before We will see the last bitcoin flight These few days because of the negative news coming from all over the United States and China Had slowed the uptrend We will see the last ascent And then the historic fall to the -8000 channel I had already told June 5 to fall I apologize to my friends for this delay of a few days But my opinion is the...
We just made contact with resistance! Let's see if we can consolidate between this resistance and the 180 EMA for a while before breaking out. With volume building up and price consolidating in this area, we might get a good shot at a breakout. We only need to be careful with strong price rejections. As always, practice RISK MANAGEMENT, keep your losses...
We are just about to hit the ichimoku cloud on the 4hr TF. Let's see if we can get some volume to back further movement up. We might also get a strong rejection pushing us back into the lower part of the range. The best bullish scenario (saving a massive PUMP) looks like this: 1) We enter the cloud backed by a surge in buying volume 2) We consolidate...
This strong downtrend for BTCUSDT seems to have found a range to consolidate for a white and maybe even reverse Today we are seeing some action on the upside, but with very little VOLUME, this could probably mean a dead cat bounce. We should be very careful around this things, the downtrend has been very strong and we have quite some heavy resistance above...
All support areas were broken & the move down is stronger even tho the fundamentals show otherwise. we MIGHT go below 30K, we MIGHT not! this is an analysis just in case the entire move inside the pattern is completed, we need to head lower than 30K to hit the support line to head to 150K+ in order to complete the entire Pattern. We Don't need to, Sure Don't have...
BTCUSDT continues the downtrend as we are getting closer and closer to the 30K support. The 30K support is just below us right now, and could potentially bring in some buying pressure to stop to the downtrend. If the 30k support holds, we could range for a while in the area below the Ichimoku cloud and above the support. This could prove a good opportunity to...
BitCoin cryptocurrency has not pulled back to the strong imbalance shared with you a few months ago. Everyone is talking about Bitcoin, even my 87 years old mother asked me the other day what BitCoin was because she was hearing about it on the news all the time. If such an old person, unrelated to the crypto world, is suddenly interested in knowing what BitCoin...