Theory that im currently working with would dictate that we take out these previous lows before flipping momentum. Meaning there is significant amount of pain to come. I think if the casual traders in general had a better idea of what they were doing, than the market would find equilibrium easier. As it stands, there are too many easy targets out there with the...
Just for fun, assuming bullmarkets and bearmarkets behave similar for the next 10 years. I bet we will see Bitcoin at $1,000,000 By 2028-2030
Tyme Sycles (aka Time Cycle s ) This nifty tool tells you much about the ebbs and flows. 1. Use previous Lowest Low 2. Use previous Highest High 3. Notice how it aligns with all the major tops and bottoms in this bear market. Bonus: our next High is on Jan 4th 2023, though we haven't met our bottom (as that calculation takes a different tool). Very...
As shown on chart, Daily moving averages are on a strong buy signal however weekly is still falling from overbought, trading both ways is best. I'm looking to buy in either zone on confirmation as a fakeout play of the rising wedges. 20k looking increasingly likely medium term, but nice bounce should happen sub 40k first unless equity markets crash hard and...
Hello traders! The new halving event is being closer and closer, and as we previously saw at this events, we can expect the price creating an all time high, again. Until then, the price is retesting once again a strong zone of support, which was acting as resistance at the all time high back in 2017 and 2019, and we can expect some accumulation in this zone, after...
Bitcoin MARKET UPDATE Bitcoin support levels - $16000 and $15600 strong Support (Buyers) Bitcoin resistance - $16,300 and $16,600 strong resistance (Sellers) As you know Market depends upon Bitcoin movement so trade with risk management. ——————————————————————— Analysis - BTC Suport is at $16000 and Strong support is at $15,600. Resistance is at $16,300 and...
Hello dear traders, I hope you had a nice rest and weekend, currently in a few hours we are starting a new trading week, so let's take a look! BItcoin has been setting the trend for us in the last few months, especially during the Asian session when there were always the highest trading volumes which of course then set the trend. Since last weekends significant...
I know so many of you may hate me for this price target but this is just chart facts not me 🥴️ as I mentioned in my previous idea, I still belive BTC has strong support at 13.7k and then 12k, but 4k target just worst case scenario IMO and the facts we all can see on the chart.
Hello, everyone! Last time I considered the ABC correction for the Bitcoin and thought that wave B is going to be represented as the triangle correction, but it looks like now that price decided to print the irregular correction. It’s about to end, hence we have the nice long trade opportunity. Let’s take a look at the 1h time frame of the BTCUSDT chart of the...
BTC has been looking upside for some time now. However, it's been selling off hard now, the bottom support line has held several times, so it will be key that it holds. If BTC falls through the support, I have my sights set at $14,500 to $15,500. Now BTC Bullish targeting these levels.
🔰You can see Bitcoin analysis in 30 minutes time frame (BTCUSD_ 30min) 🔍🎁 ⚡The price has taken a downward trend from the SUPPLY zone, and due to the breaking of the up trend line🖤 and pullback💜 to it, if the price can once again reach the meeting point of the pullback💜 and Resistance🧡, it can fall to the DEMAND zone 🔻 Do you think this analysis can be...
Our indicator shows that we are approaching historic data overlap transpired on 18/JAN/2021 . Somewhat early but we expect next week to be a final decider for Bitcoin trend direction. We expect another SHORT term retraction to 15,700 k mark and proceed towards 20k Mark with 2 weeks period if successful we shall expect rapid ascend to 40k Mark in a matter of...
Hi Traders, Investors and Speculators 📈📉 Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫 Bitcoin just closed another weekly candle and the price is currently stabilizing on support zone of $16000. By using two...
Bitcoin`s 40% correction will be complete in roughly 9 months. We should see a bottom around 8K if it hasn`t already bottomed out based on this trendline. Great opportunity for shorts. None of this should be considered as financial advice, ultimately DCA is the best approach after a major red candle.
Bitcoin versus US Dollar - Ascending Log Channel using Fib channels and noise free candles.
BTCUSD Weekly Forecast Analysis 28 Nov - 2 Dec 2022 We can see that this week, the current implied volatility is around 10.04% , down from 11.21% from last week. According to ATR calculations, we are currently on the 62th percentile, while with DERIBIT DVOL we are on 31th percentile. Based on this data, we can expect on average, the movement from open to close of...
TRADERS WELCOME AGAIN TO MY SHORT BREAKDOWN If bears today holds the price down from that marked zone on the chart around 16.900$ - 17.150$ we can go slowly lower, of course only if DXY dont will dumps again, dollar must gain some strenght for this move on BTC DXY FROM 6PM ONLY IF DXY HOLD THIS MARKED LEVEL AROUND 106.500, i think btc will meltdown...
HELLO TRADERS, WELCOME TO MY BITCOIN BREAKDOWN The current chart of Bitcoin offers us three interesting zones which I marked on the chart. The volume of trades is decreasing, we can see that even after the fall of the dollar, the bulls do not have the necessary strength to break through the range that Bitcoin is currently creating, we are even staying in the...