Bitcoin experiencing its tightest Weekly Bollinger Band Width squeeze since 2012.
But before we dive into this, let's take a moment to get to know Bollinger Bands , which are a common tool in trading. These were created by John Bollinger back in the early 1980s to help us understand price volatility better.
So, what makes up Bollinger Bands?
If you'd like...
The point of this chart is not to look at future peaks, although we will touch upon it. The point is to take a dive into the indicator called the BTC log regression {Rainbow Dark} that is based on the Fibonacci sequence and the possible transition to the lower band from the top band.
Bitcoins entire history has been on the upper band of this log and in...
BTC - BITCOIN LEGACY - the big dog
took a look at this beast on the monthly; going to keep an eye on this one as we go forward as a zoom out reference.
its all there on the chart, two obvious comparison periods. now check the momentum levels. tbf we have macro disasters left right and center, so these levels make sense.
maybe a good long term map here;
im...
Hey folks. Today, I'll unveil my secret trading roadmap for 2024-2025 🗓. This roadmap will be your trustworthy guide, helping you multiply your initial investments throughout this crypto cycle 🚀.
Many traders and investors understand that financial markets are cyclical, and the cryptocurrency market is no exception. This cyclicality implies that price patterns...
Technical Analysis:
- BTC is doing wave (3) in blue which is part of wave ((1)) in black
- When wave ((1)) is completed, we expect a ABC correction in wave ((2)) in black around at 32,500
- H1 & H4 right side is turning up
Technical Information:
- We only consider the buy opportunity in wave (4) in blue once it's completed
This idea is more of a message than an investment speculation. And a reset of my previous ideas with shitcoins reminding me of where I was.
We need to learn from the past and put it behind us, looking to the future because our actions affect our future, not our past. Much has changed since my first experience with cryptocurrencies (early 18). Yes, it usually...
Hello Traders,
Everything is on the chart. First of all, this is not my preferred scenario, and I still believe we won't see new lows unless we experience another Black Swan in the market, and we have to be prepared for any outcome.
The bottom could be in before Bitcoin ETF acceptance and Halving.
This scenario has a 20% chance of occurring imo.
Please see my...
BTC looks like it's ready for it's final leg higher to retest the structure it originally broke down from.
The final target should be somewhere between FWB:42K -44k.
I do not buy into the bull market narrative, this is a bear market bounce.
So just be cautious when people call for new highs as we approach those levels.
Alts can have 5-10x moves if this move...
Hello colleagues! We are continuing our new section of clear trades.
Today we'll talk about BTC. In the previous trade , we correctly identified the direction of the market. However, the market did not give us the opportunity to enter a position where we were safe:
Today, we will try to catch a short-term trade within the consolidation.
Since 15 August, the...
Accumulation period as 2015 we make a double bottom or lower low with liquidity grab at 16.5-17.5K and have range at 19-21K which gets over pretty quickly (fractal in pink)
Accumulation period as 2018 we make ~84% down moment at 12-14K and have range at 14-16K which gets over pretty quickly (fractal in Blue)
My stomach says it will be 2015.
This Bitcoin chart right here is a monthly timeframe chart. We all have been expecting this bear market to be over but it keeps deceiving us. Here is a clue on what to expect in the coming month.
Based on 2017 bear cycle that lasted for 27 months (821 days) as displayed on the chart, we see the current 2021 bear market following the same trend.
We have four...
The time to build mountains in the landscape has come again. Looks like clear skies could be ahead for the next few months into the summer.
This is not meant to be financial advice. The work has already been done.
When climbing mountains... First look, then leap
Also marked is the finish line (top) and start line (bottom)
On the bottom is (Steve's NVT/HV...
Bitcoin is still clearly in the bear market and won't make it's initial big push out for 6 months most likely. This should be good news to you if you are stacker. The bears have a strong hold over price action, but as we can see on the RSI, the hold is weakening with bullish divergence forming in this underling indicator that simply determines "relative...
Hi Investors/traders
Today I'm looking at the 2 week chart of BTC on a line chart. We are comparing the bear markets with a bull flag out look. Although they are NOT technical bull flags they bare some similarities with the support and resistance areas along with false breakouts. We will go over false break outs and they usually mean and result in.
There are...
Considering that extraterrestrial beings also use Bitcoin for their financial transactions, we should not be left behind...
Bitcoin will definitely have a temporary drop and then a significant rise.
We are waiting for shopping areas for spots. Two areas are considered. In the lower area, we reduce the average purchase price.
The minimum profit of this...
- Despite the silvergate mini Fud, BTC still on his consolidation trend.
- this Fud just caused a faster mini retracement but it would have happened anyway.
- Next Fud could concern Stables Coins, They are trying hard, no smoke, no fire.
- Whatever, at one point BTC will go his natural way....
Today, we're comparing the current price chart with the 2015 - 2017 cycle.
The cycle of 2015 - 2017 is highlighted in green, juxtaposed with the current cycle. Just observe how the modern price dynamics are mirroring the prices of 2015 - 2017. Our correlation coefficient? A staggering 80% plus. 😮
Without any extra strain, the resemblance in price charts is...
