Update from my last bitcoin analysis. Short term bullish (net 3-6 months), long term, we'll see once we retest the red lines indicating resistance & then fall back & hold the white diagonal line, signaling a trend continuation to the upside. If this happens, that's when I'll look to add to my crypto positions. News does't matter to me. I'm a trader. All trades...
My current view on Bitcoin to check later: still in limbo for a while? As it looks, it could continue to trade range-bound between the very long-term red and green trendlines for a while. It may end up sliding down along the dashed blue medium-term resistance line.
I've being bearish on BTCUSD for a long time. However recently the market structure shifted. Only one shift to the upside so we are not in a real uptrend yet, and it's possible to see further distribution. However until that PL holds, I'll be more bullish overall.
First outlook on previous analysis turned out to be wrong, but the overall idea is very much valid: BTC is now hanging around supply area/886 retracement level and losing momentum, RSI showing heavy divergence. I wouldnt't expect prices to go balistic in 2023 with recession coming and goverments doing all kinds of crazy stuff. This could very well be the top of...
Hello fellow traders, The Stoch RSI cross on the monthly, as well as being oversold on the RSI. Monthly charts speak volumes. the next bull cycle may be starting. go against the herd <3
THIS IS NOT A FINANCIAL ADVICE....this video is provided for educational, informational, and entertainment purposes only, without any express or implied warranty of any kind, including warranties of accuracy, completeness, or fitness for any particular purpose. LET'S GATHER AT 25K AND TALK WHAT ARE THE NEXT POSSIBLE ZONE! TUNE IN!
In 9 hours (from the moment the idea is published), the FOMC meeting will announce the new Fed Funds rate At the previous meeting on 12/14/2022, the rate was raised from 4.00% to 4.50% And then, the forecast was more than 70% that on 02/01/2023 the rate would be raised by another +0.5%, and on 03/22/2023 +0.25% However, over the past month, US economic...
This is my favorite indicator for a macro lense. As you can see by the CM Super Guppy Indicator; and the VWAP something very interesting is happening that you cannot fade. First off you'll notice we are over the VWAP for the first time in months, but when layered over the Super Guppy Indicator you can see thats it's very hard to deny these moves in either...
Bitcoin - 24h expiry - We look to Buy a break of 24011 (stop at 23379) Our short term bias remains positive. There is no clear indication that the upward move is coming to an end. A break of the recent high at 23956 should result in a further move higher. We are trading at overbought extremes. Daily signals are bullish. Our profit targets will be 25641 and...
Is it too early to say that Bitcoin has entered a bullish trend? The weekly timeframe suggests that the overall trend might no longer be bearish considering the current price of Bitcoin has broken the upper line of the downward trend line. A factor that could prevent Bitcoin from moving higher is that it is approaching the 200 EMA period, which could be a strong...
Hi Traders, Investors and Speculators of the Charts 📈📉 Here's a quick 3min video for a potential long-setup on Bitcoin with an entry point, a take profit point and a stop loss point. Here's my previous analysis on near term price action on BTC, which played out almost exactly: _______________________ 📢Follow us here on TradingView for daily updates and...
Hello, everyone! Yesterday we had the long trade which brought us the very small profit. I closed the trade manually because price has broken down the low of the bearish reversal bar. You can find this moment in the previous idea’s update. Today we have the potential short trade setup with the very tight stop loss. 1h time frame of the BINANCE:BTCUSDT chart...
Bitcoin is yet to see a true bottom and we still have time until the next halving
- I personally believe BTC will reach around £150,000 - £220,000 by mid/end of 2025! - NOT FINANCIAL ADVICE / ONLY INVEST WHAT YOUR WILLING TO RISK / PLEASE DO YOUR OWN RESEARCH!
Hello, everyone! Let’s continue our trading journey. Yesterday we had the successful short trade on Bitcoin, but tonight it gave us the early reversal signal, that’s why I decided to close the trade in solid profit and wait what the market will give us. Let’s take a look at the 1h time frame BINANCE:BTCUSDT chart. We can see the bullish reversal bar at the...
Bitcoin - btcusdt daily time frame 1- HL then HH 2- 50-618% correction (18000$ - 19000$) 3- uptrend (26000$) what do you think?
FACTS BITCOIN WILL DO WHAT IT WANTS… however I have been always saying there has been possibilities for a macro cup and handle to play out since last year. DCA safely gann study… on going now for several years
Keep shorting and apply at McDonalds Chads. Vertical accumulation again and again. but muh 12k bids.... ye keep waiting.