Please support this idea with LIKE if you find it useful. We have a fractal on current accumulation. The one looks almost 100% similar to previous accumulation we had around 3-4k$, repeating all main actions. If the Horizontal Resistance is broken, the fractal can repeat itself and we will have much upside. Thank you for reading this idea! Hope it's been...
April give great opportunities to trade bitcoin and here one of them. Couple good news and price will up for a bit, then this setup can worked out
I wrote this post about 6780 area because I was sure from the whale effect that was coming in the next hours, there will be a increase to 7200+ trend and as you see now i have upload it when price are above 7200. --> As you all know i did place post before that btc will increase to 7200 , this depens on the MX effect. and i did also say that the most will not...
Please support this idea with LIKE if you find it useful. BTC crossed into the Horizontal Resistance zone on Daily. In case we have a confirmed breakout of the higher boundary of the zone we can initiate a long position. We might also have a correction to the support trendline, in this case we should wait for the confirmed retracement and then initiate a long...
Previous idea in play/this is 78% fib level. But be careful Big players can easily take your short stops before mid term reverse up to ~8674
Please support this idea with LIKE if you find it useful. Price was supported by 200 MA and managed to touch the higher boundary of an Ascending Channel. In case there is a confirmed breakout of the higher boundary of the channel we can initiate a long position. Otherwise it might be a rejection case Thank you for reading this idea! Hope it's been useful to you...
Since reaching a low on March 13, the BTC price has likely been trading inside an ascending wedge, which is known as a bearish reversal pattern. It is approaching the end of the pattern, which is projected to be on April 9 the latest. I think the price will break down for several reasons: Volume has been decreasing throughout the pattern, which is common in...
Formation of bullish Gartley: This time on very long term monthly chart the price action of Bitcoin (BTC) has formed bullish harmonic Gartley pattern and entered in potential reversal zone. Buying And Sell Targets: The buying and sell targets according to harmonic Gartley pattern should be: Buy between: $7231 to $5424 Sell between: $8654 to $12070 Stop...
Please support this idea with LIKE if you find it useful. Price is inside of the Descending Triangle. Inside of the pattern we also have two Channel. - If there is a breakout of the Resistance zone, it will also be a breakout of the Mid line of the Channel 1, and breakout of the higher boundary of the Channel 2. This can lead us to retest the Resistance of the...
An ascending triangle can be observed for BTC this can be interpreted as a bullish reversal pattern, pattern observation.
Please support this idea with LIKE if you find it useful. Price is still inside of the channel, keeps rejected by horizontal resistance, which can lead the price to retest the support trendline and the Mid Line of the channel. However if there is a breakout of horizontal resistance it can be a confirmation for the ascending triangle, but in this case we have...
Formation of bullish BAT: This time short term 2 hour chart the price action of Bitcoin is forming bullish harmonic BAT pattern and soon it will be entered in potential reversal zone. Buying And Sell Targets: The buying and sell targets according to harmonic BAT pattern should be: Buy between: $6416 to $6305 Sell between: $6679 to $7073 Stop Loss: The potential...
Please support this idea with LIKE if you find it useful. BTC was rejected by the Channel's resistance, though we expereinced a fakeout. Currently price is sittin on Local Support. In case there is a confirmed breakout we can initiate a short position Thank you for reading this idea! Hope it's been useful to you and some of us will turn it into profitable. ...
there is still trend for the for the main goal. But depens on the last news, everting are changed in btc.. what will do the whales. ? also sell..? This chart is for you.. you can choose wich side! But it looks that bitcoin is possible to breakdown 5100-5800 usd.
As my previous post we have seen that on hourly chart, 30 March after hitting the recent lowest price at $5856 the Bitcoin moved up by 13% in less than 24 hours. And the candlesticks were being consolidated at this level and formed bull flag at this level. When I published my previous post the price action of BTC was retraced between 0.382 to 0.50 Fibonacci...
The Bitcoin price has been trading in a massive ascending triangle throughout the month of March. Volume has been decreasing throughout the pattern, as is common in ascending triangles. If the price were to decrease once more towards support, the $6400 level would offer an optimal entry point. The first target is given at $8200. Please leave a LIKE if you...
Please support this idea with LIKE if you find it useful. Price is likely to be accumulating now. Though is it ready to break the Range and start an Uptrend. The answer is more likely to be no. As we are ranging 29 days only. Previous accumulation around 3k were as lons as 126 days. However we have a High risk on this setup won't work out, so be careful with...